5. Constructing a Direct-Mail Campaign
1. Establish objectives
2. Select target prospects
3. Develop offer elements
4. Test elements
5. Execute
6. Measure success
mms
6. RFM Formula for Selecting
Prospects
It is a marketing technique used to determine quantitatively which customer
are the best ones by examining the following, an analysis based on the
marketing axiom that “80% of your business comes from 20% of your
customers.”:
Recency
- how recently a customer has purchased
Frequency
Monetary
- how often they purchase
- how much the customer spends
MMS
7. What is Telemarketing
Telephone selling / promoting of goods and services
face-to-face or web conferencing appointment
TYPES OF TELEMARKETING
:
Telesales
Telecoverage
Teleprospecting
Customer service and
technical support
MMS
8. Other Media for Direct Response
• Television
• Direct Response
Advertising
• At-home shopping
channels
• Videotext
• Kiosks
MMS
9. Interactive Marketing
Tailored messages possible
Easy to track responsiveness
Contextual ad placement possible
Search engine advertising
possible
Subject to click fraud
Consumers develop
selective attention
MMS
11. Marketing is Empowered by Social
Networks
Social Networks
•
•
•
•
•
•
Facebook
MySpace
LinkedIn
Twitter
Blogs
Intuit
MMS
12. e-Marketing Guidelines
• Give the customer a reason to respond
• Personalize the content of your emails
• Offer something the customer could not get via
direct mail
• Make it easy for customers to unsubscribe
MMS
13. Create a buzz….
1.Supply key people with product samples
2. Work through community influentials
3. Develop word of mouth referrals
4.Identify influential individuals and companies and
devote extra effort to them
MMS
14. Personal Selling
the process of communicating
with a potential buyer face-toface with the purpose of selling
a product or service
Situation
questions
Problem
questions
Need-payoff
questions
Implication
questions
Principles
MMS
17. Marketing Debate
Are great salespeople born or made?
Take a position:
1. The key to developing an effective sales
force is selection.
or
2. The key to developing an effective sales
force is training.
MMS