In the example above, even if only 5 sales were made (5 X $700 = $3,500) ROI would be over 100%. Direct marketing can be quite profitable – IF you have a very good list.
Investment in a list that can be tailored by specific attributes to be as close to your existing “best customers” is worth every penny. Characteristics like age, household income, children or not, location, and others should be used to provide the best chance for success.
Both visual and written content is CRITICAL. The closer that images and tone of the writing is to the audience’s preferences, the better the results.
It’s important to note that email lists need to have the same degree of detail. While there is no postage cost for email, visual and written content, particularly in the subject line, are extremely important.
The better the list – and the content – the higher your ROI will be. A slightly higher investment in the list and content can produce MUCH higher response and close rates.
Do your own math to see if your DM project is worth considering. And, remember that Capital List is always available to provide advice as well as the best lists to get your offer to your best prospects!