Studies
consistently show that personalization works, but you have to get it right. Get
it wrong, and customers will move on.
This
comes from Accenture’s “13th Annual Strategy Global Consumer Pulse
Research,” which surveyed more than 25,000 consumers around the world.
Accenture found that 41% of U.S. shoppers said they have disengaged with a
company because of “poor personalization and lack of trust.”
The
cost to U.S. retailers is staggering: $756 billion in lost retail and brand
sales.
Fortunately
for print marketers, “poor personalization” tends to be associated with digital
marketing rather than direct mail. Digital marketing can seem like a stalker —
following you around the web and popping up at every turn. But direct mail is
more transparent, and consumers’ reaction to it is overwhelmingly positive. In
fact, InfoTrends found that 84% of consumers said they are “much more likely”
or “somewhat more likely” to open direct mail when the content is personalized.
How
do you get personalization right? Whether you are sending direct mail or email,
the answer is simple: transparency. Let customers know that you are collecting
data on them. Ask for their preferences so they can give information
voluntarily. Position targeted and personalized communication as a benefit to your
customers and one that they can participate in to make the experience better.
Need
help developing your marketing database for more effective targeting? Let us
help.
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