Have you ever sent a fax, email or letter to a prospective customer asking him or her to buy one of your books? If so, you have participated in direct-mail marketing -- one of today's most efficient and effective selling techniques.
Direct-mail marketing is a highly selective tool that can help you sell more books, test new titles, generate sales leads or communicate information about your authors and your business. At the same time it can eliminate returns, abolish deep distribution discounts and reduce 90-day payment periods. And it gives you control of the timing, delivery and content of your promotion, a pre-determined fixed cost and the means to forecast and measure the return on your marketing investment.
Direct-mail marketing involves sending an offer (Buy this book at 25% off), an announcement (Introducing the latest book on ...), a reminder (The perfect Holiday gift) or other message to an identified person at a particular address. There is generally some response requested. You may ask the recipient to return an order form with payment or to visit your web site for more information (and to make a purchase).
For instance, if you published a book about golf, you could purchase a list of all the pro shops in the U.S. and send each a letter with an order form offering a special discount. Similarly, you could send a letter about your new photography book to camera shops, your dog-care book to pet shops or your diet cookbook to health-food stores. Or, you could purchase a list of golfers, photographers, dog owners or dieters and send them customized letters directing them to your web site.
Unfortunately, some direct-mail marketing has been used improperly. Now, people perceive unsolicited promotional letters as junk mail and its Internet equivalent as spam. Yet, properly produced direct-mail pieces can work if they adhere to certain standards. In order to be effective, they must include a message about a product of interest to a specific audience, be produced in a professional format and contain an offer that will induce the recipient to respond favorably.
The product. Not all books can be sold successfully through direct mail. The topic must be of interest to the targeted audience and the price must be sufficiently low to encourage people to respond with an order. If you are simply trying to deplete your inventory of over-priced books by offering a reduced price, you may be disappointed. People will not purchase an unwanted book at any price. Instead, think about your titles from the recipient's perspective. Tell them why the information in your book will be of interest to them.
The target market. There are two general groups of people to whom you could mail your package: customers and prospects. In either case, if you mail to an outdated list, your results will be unsatisfactory at best. Make sure any list you use is cleaned (obsolete names removed) regularly.
If you intend to mail to prospective customers, you may have to buy a list. Mailing lists can be highly defined, offering lists by name, title, geographic location or other useful segments. Visit www.ThinkDirectMarketing.com for an economical way to sort and purchase names of prospective customers.
When you purchase a list, it is usually for onetime use. Do not attempt to use it twice, since most are seeded with the name and address of a person who monitors how many letters he or she receives. If that person receives multiple mailings from you, you will be charged for another use of the list and perhaps prohibited from buying that list again.
The format. The proven format for direct mail is a three-piece package consisting of a cover letter describing the offer, a brochure and a reply mechanism. Make your letter informative and persuasive, your flyer attractive and descriptive and your reply mechanism complete and easy to use.
The offer. You may be surprised to learn that the most important part of your direct-mail package is not your book, but the offer that surrounds it. There are several basic propositions you can use by themselves or in various combinations, depending on your objectives. Here is a list of several:
A. Half price!Which of these do you think would be most effective? The one most likely to draw a higher response is B because of the power of the word free.
B. Buy one -- get one free!
C. 50% Off!
The test. Before you embark on a 100,000-piece nationwide mailing, test on a smaller scale your choice of titles, the list you will use, the offer you will make and different formats you plan to use. Also test the timing of your mailing and alternative geographic areas. Invariably you will learn ways to fine-tune the key areas listed above and more accurately forecast the results you can expect on the larger mailing.
Before you conduct your direct-mail campaign, make sure it will be profitable for you. History has proven that you will probably receive orders from about 1 -- 2% of the people to whom you send letters. Calculate if the potential orders will cover all your costs for creating and sending the letter. For example, if it costs you $750 (75¢ per piece to buy the list, print the letter and envelopes and pay for postage) to mail to 1000 recipients, will 20 orders for your books (2% of 1000) amount to at least $750? In many cases a single title will not produce enough revenue and you may have to bundle several together.
Don't limit your sales to bookstores. If you have a title that is relevant to a select target market, direct-mail marketing may provide the most profitable way to reach them. Combine the right offer with a professional mailing piece and you can take more control over your future sales.