When you create personalized
print communications for your customers, are you thinking about short-term
selling or long-term relationships? While getting the quick sale feels great,
the biggest profits come from long-term customers who provide recurring revenue
over time. Here are five reasons to focus on recurring personalized print
programs rather than “quick hit” campaigns:
1. Building
relationships.
Personalization, by
definition, is personal and implies a relationship. To establish a relationship
with your customers, you need to get to know them. No one-off campaign, no
matter how successful, can do that.
2. Learning more over time.
At the beginning of a
campaign, you are making educated guesses about how your customers think and
act. As they respond, you learn more about them. This allows you to modify your
messaging, offers and calls to action to have the most impact over time.
3. Making more money.
As you learn which campaign
elements are most effective at motivating your customers, your campaigns will
be more profitable. More refined campaigns translate into higher response
rates, higher conversion rates, and increased ROI.
4. Maximizing investment.
Setting up your first 1:1
print campaign requires an investment in time and money. By developing programs
rather than one-off campaigns, your set-up costs are amortized over the life of
the program. As costs become amortized, your ROI per campaign goes up.
5. Not continually having
re-prove program value.
Unless you are the president
or owner of the company, chances are you had to work with a team of others to
make the initial decision to deploy personalized print communications. Each
time you run another campaign, you need to go through the entire process again.
With programs, you have the freedom to refine and maximize your efforts without
having to re-prove their value before each deployment.
So think long-term. Programs
allow you to develop and refine your marketing strategy over time and take
advantage of the value of relationship-building. One-off campaigns can produce
great short-term results, but the deepest profits come from investing in your
customers for the long term.
Please give us a call at 440-946-0606
Or visit our website here for more information.
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Please give us a call at 440-946-0606
Or visit our website here for more information.
Share on LinkedIn