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Top 7 Statistics For Direct Mail in 2017

Top 7 Statistics For Direct Mail in 2017

With the business world about to enter into the last quarter of the year, it is a good time to take stock of direct mail’s effectiveness in 2017 so far. Although the volume of direct mail went down last year, direct mail garnered a larger percentage of all mail. With technology and other tools to improve the timing of direct mail, this year’s statistics have shown that direct mail is not only still relevant in the marketing world, but that it is, in fact, one of the most successful channels available to marketers. Here are the top seven statistics for this year so far.

Household Response Rates Are at 5.1%

Yes, that decimal is in the right spot. According to compu-mail, direct mail has earned the highest response rate, with email and paid search at .6%, social media at .4%, and online display at .2%. Part of the reason why response rates are so high with direct mail is an increase in tools and information through technology that has enabled well-timed and personalized direct mail marketing campaigns.

77% of People Sort Through Their Mail

Many marketers are finding it difficult to get prospects to open emails. I personally usually delete without even looking any extraneous emails and promotions. It has just become routine, which is unfortunate for marketers, for I can only imagine how many other people are like me. Average open rates are typically below 20% in comparison to mail. I for one always sort through my mail, and when I see something that stands out, I usually take a few seconds to see what it is, which bodes well for direct mail.

Every $167 Spent On Direct Mail Resulted in $2,095 Of Sold Goods

I believe that ROI speaks for itself, but one must ask what industries reaped the most benefit from direct mail. The largest users of direct mail include companies that offer financial services and also consumer packaged goods. With print still playing such a large role in marketing, coupled with cost-effective green methods of print, one can only imagine that direct mail will still be a major component of marketing campaigns going forward.

98% of Consumers Bring Their Mail In The Day It’s Delivered

Many are concerned that after putting all of the effort to create a personalized direct mail piece that it will just end up in the trash with the rest of the junk mail. If it does, it is probably not due to a diminishing trend in the public’s responsiveness to direct mail, but rather the direct mail piece itself missing the mark. As the above statistics provided by the U.S. Postal Service exemplifies, whatever you send out will get eyes on it. Whatever happens after will, for the most part, be within your power to control.

Customer Response Rates Increased Year-Over-Year by 48%

Companies who have never thought of using direct mail would be smart to start considering using it as one of their marketing channels. Not only did customer response rates increased, but prospective response rates more than doubled with a reported 190% increase. As noted by the DMA, this is in part due to the “pairing of mailings with digital intelligence. “

Adding A Person’s Name and Color Can Boost Response Rates By 135%

We have discussed the importance of personalization time and time again, and if for some reason you didn’t believe it before, then perhaps this statistic can lend some credence to this idea. Personalization, particularly with the introduction of variable data printing, is now within reach of most budgets. And in turn, can improve your ROI, and make the money you spend go a greater distance.

Print Is 43% Less Annoying than the Internet

Bottomline, we all hate spam. I for one get irritated when advertising videos start on websites yet it is nearly impossible for me to find it to shut it off. Many of us have become blind and aggressively against online advertising in many ways. That is why direct mail is refreshing to most since it is usually personalized, relevant, and recognized as something that took a lot of effort on the part of the company sending it. This makes the consumer feel important and valued, which at the end of the day, is just good marketing.

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Making Data-Driven Decisions To Improve Your Direct Mail Campaigns

Making Data-Driven Decisions To Improve Your Direct Mail Campaigns

 

The best way to improve the results of your direct mail campaigns starts with your data. It is important to have a system in place to monitor your direct mail results so that you can make more informed decisions later down the line. Whether this is about what copy works best or what color schemes are the most effective, data can help you change your direct mail game.

 

Audience Segmentation

 

Though it may seem like a no-brainer, one of the most useful things to help inform your direct mail campaign is information about your customers. It is crucial to have lots of data on your customers, such as name, age, profession, and other metrics so that you can not only personalize but also see how certain groups respond to your direct mail campaigns. This is called audience segmentation, and its purpose is to not only give you more data to target specific groups of individuals more effectively but allow you to monitor certain groups behaviors so that you can improve the performance of future campaigns.  

 

Data Drives Personalization

 

You have probably heard it time and time again, but there is a reason why personalization is taking over the marketing world. The use of data has grown over the last decade, and this has allowed companies to target their customers down to a specific individual. Some things that you can use to make your direct mail campaigns more relevant for someone is by using their name, be aware of their gender, use their purchase history to your advantage, and make an offer relevant to their location.

 

What Sort Of Data Should You Be Collecting?

 

Basically, you want to be collecting data that is going to be driving your decision making. If the data you are collecting is not doing this, then it is probably time to reconsider what data you are collecting. Furthermore, after you have started inferring what the data means and are not getting your desired results, this could be either a misinterpretation of the data or the data is not relevant to what you are trying to accomplish. That is why you should have defined strategy, be collecting data with an accurate system, and understand what your process is to weed out data that isn’t relevant and determine what parts of the reports are giving you your desired results.

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Data and Direct Mail: The Marketing Dynamic Duo

Direct mail remains as one of the most rewarding marketing assets available for anyone’s multichannel strategy. Marketers today now have better data to inform them on their target audience, allowing them to make their direct mail copy more impactful and well timed. This is why I am calling these two the dynamic duo, for they will be able to help you win the marketing battle with your direct mail campaign.

With Data Comes Deeper Personalization

 

Data tells us all the things we want to know about our target audience: their preferences, what they are most interested in, and where they are located. Rather than blasting out general direct mail pieces, you can now incorporate this data so that you can achieve deeper personalization and connect with people more meaningfully than ever before.  In fact, according to a JWT report, almost eight out of ten Millennials—the biggest segment of B-to-B buyers

—said print makes them feel more connected than digital.” Moreover, according to an Epsilon study, more than half of the US consumers prefer direct mail over email. It seems we have achieved a role reversal. Before, most mailboxes were cluttered, making it more difficult to stand out with direct mail. Now, as mail volume has declined and email has gone up, it has made it easier for someone to engage with a direct mail piece since it removes the delete button out of the equation.

 

Direct Mail Is More Likely to Get A Response

 

With consumer interest still high with direct mail, you can expect greater engagement with your materials as well as an increase in consumer response. Email is much easier to ignore than a piece of direct mail. Most of us would expect that people would just shred their unwanted mail or open it while standing over their kitchen trash bin. However, 70% to 80% of consumers actually open most of their mail,m including the stuff they would label as “junk.” according to a 2014 poll by the DMA. But the big kicker is how direct mail is able to transcend demographics, especially with younger people who you would assume respond significantly more to digital marketing campaigns over direct mail. On the contrary,  another study found that 92% of young shoppers prefer direct mail for making purchasing decisions. By informing your copy with data, you can give these shoppers the information they want to better influence their next purchase.

 

If you haven’t heard it enough before then here it is again—print is not dead. Though we are in an ever growing digital age, this has only allowed us to make our direct mail campaigns more effective. Take advantage of the data your team gathers, and use it to help you make more impactful print advertising materials for your next multi channel marketing campaign—  sharpening the spear tip for your direct mail.