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MARKETING                                       Your logo here




 ADVISOR  ISSUE THIRTY-SIX




Locking in
a Lasting
Relationship
with your
customers

also in this issue:
Loyalty Programs Really Pay Off
Three Reasons to Hire a Professional Designer
Want to sell more? Try building relationships with your customers. Yes, it really
                                                 can be that simple. People like to do business with people. More specifically, they like to
                                                 do business with people who care about them, who listen to what they have to say, and
                                                 who are accessible and responsive to their needs. By using the variety of tools in your
                                                 marketing arsenal, you can build relationships that keep your customers engaged and loyal.


                                                                                        What tools do you have at your disposal?

                                                 Print.                                       Multi-channel marketing.                   Social media.
                                                             Newsletters, direct mail                     Every marketing channel                    Social media is not a sales




Build Business
                                                             letters, postcards, and                      has its own sweet spots,                   channel. It is a relationship
                                                             other printed materials are                  so understand the power                    channel. Use social media
                                                 great relationship builders. As you use      of each channel and maximize it. Print     to engage your customers in a larger
                                                 these tools, don’t always be trying to       creates the sense of gravitas and trust.   community. Get your team members
                                                 sell something. Share information. Give      Email and mobile allow immediate           interacting with your customers as
                                                 advice. Provide useful resources so that     communication and facilitate click-        genuine, caring human beings. Have
                                                 your customers look forward to each          through feedback. Social media fosters     your team participate in discussions
                                                 communication. Consider selecting            long-term engagement and community         (whether on your sites or third-party
                                                 interesting or unusual substrates, folds,    building. Understanding the sweet          sites) so your customers know you




by Building Relationships
                                                 and bindings that take advantage of the      spots of each medium and layering          are really listening. Sponsor contests.
                                                 unique, tangible characteristics of print.   them over time reinforces your brand       Create discussions around the culture
                                                 Data. Knowing your customers helps           and helps you stay top of mind.            of your business, or fun and unusual
                                                 deepen relationships over time. You will                                                ways to use your products.
                                                 speak differently to the Gen-X crowd than    Personalized URLs.                           Regardless of the channels you are
                                                 you will to Baby Boomers. You will speak                 Personalized URLs allow you    using, ensure that your phone number,
                                                 differently to a recent college graduate                 to connect with customers      Web address, and links to your Facebook
                                                 than you will to the head of a household                 and get their feedback         page, Twitter account, and Pinterest
                                                 with children. Using data doesn’t have       using a simple, personalized online        boards are included and clearly visible.
                                                 to mean full personalization, although       interface. By asking their opinions on     Give customers multiple ways to contact
                                                 it can. Segmenting into different target     products, services, and their experience   you and encourage them to do so in
                                                 audiences can also be highly effective       with your company, personalized            the ways they feel most comfortable.
                                                 by allowing you to speak to customers        URLs let people know that you care
                                                 based on their common interests.             and that their voices are being heard.                 As a marketer, you have
                                                                                              It also gathers additional information                 tremendous resources for
                                                                                              on those customers so you can better                   building long-lasting, positive
                                                                                              target and customize communications        relationships with your customers.
                                                                                              with them in the future. Relationships     Need help using them? Give us a call!
                                                                                              require two-way communication!
                            photos ©istock.com




                                                                                                                                                                                       1
Loyalty Programs                        D
                                                 oes your company have a loyalty program?
                                                 A way to keep customers engaged with your
                                                 business and encourage repeat business
                                        over time? If not, it might be time to get started.


                                        Case Study: Hotel Resort                         The program now has been running
                                        Take the example of this New                   for years, and the facility is nearly
                                        Jersey-based hotel and resort that             always booked to capacity. Ongoing
                                        used loyalty programs to encourage             CRM programs permit the resort to
                                        20% of its customers to repeat                 effectively resell, upsell, and cross-
                                        business just the first year alone.            sell to its customers, all the while
                                          The resort learned the value of              building additional rapport and trust.
                                        loyalty campaigns when it implemented            Loyalty programs take a little extra
                                        a program that gathered information            time and effort to set up, but once
                                        on customers on their first visits. It         they are up and running, they are
                                                                                       highly cost-effective to maintain. The
                                                                                                                                Case Study Results
                                        immediately followed up with colorful
                                        brochures thanking them for their visit and    benefits? They speak for themselves.
                                        inviting them to return again. Automated,                                                   •	20% of customers
                                        trigger-based workflow was used to                                                            receiving the direct
                                        get these mailers into customers’ hands                                                       mailers booked with the
                                        immediately while their good memories of                                                      hotel or used its facilities



        ay Off!
                                        time spent at the facility were still fresh.                                                  the first year — nearly



Really P
                                          The resort was willing to spend a                                                           30 times the industry
                                        significant amount of time, money,                                                            average for static direct
                                        and energy to develop these mailers                                                           mail campaigns.
                                        because it knew that once a customer
                                        returns a second time, his or her loyalty
                                                                                                                                •	 The resort recorded
                                        is cemented. Thus the extra effort spent
                                                                                                                                   record revenues from its
                                        getting those customers back in the door
                                                                                                                                   services and had the most
                                        would pay off in long-term profits.
                                                                                                                                   lucrative month in the
                                                                                                                                   company’s history.
                                                                                                                                	
                                                                                                                                •	 Quarterly earnings
                                                                                                                                   doubled year over year.
                   photos ©istock.com




                                                                                                                                                                3
E
                                                 ngaging customers                   Professional designers do more
                                                                                                                                Good design
                                                 involves more than                than place text and images on a
                                                                                                                                accommodates
                                                 just sending out                  page. They take into consideration
                                                                                                                                multi-channel.
                                          informational or promotional             everything from aesthetics to
                                                                                                                                In today’s
                                                                                   substrates to prepress, binding, and
                                          print pieces. It involves                                                             competitive, multi-channel marketing
                                                                                   finishing that the average marketer
                                          touching customers’                                                                   environment, you must not only be
                                                                                   can’t possibly be expected to know.
                                          emotions and engaging with                                                            able to design for print, but for the
                                                                                     If you’re doing 1:1 marketing, designers
                                          them at a deeper level that                                                           Web, email, mobile, and more. Each
                                                                                   play a key role, as well. This is because
                                          draws them in. That’s why,                                                            has its own nuances in design, color,
                                                                                   variable fields can bring some unexpected
                                          even with so much template-                                                           and format. Professional designers are
                                                                                   surprises in a document layout. For
                                                                                                                                expected to be comfortable working
                                          based design available                   example, if you have 1” maximum
                                                                                                                                in most or all of these formats, and
                                          these days, professional                 available space, that’s no problem if the
                                                                                                                                the ability to create consistency across
                                          designers still play an                  recipient’s last name is Smith, Walker, or
                                                                                                                                multiple channels is one of the hallmarks
                                          important role in today’s                Johnson. But what happens if someone
                                                                                                                                of professional design and marketing.
                                          marketing communications.                has the last name Salomonowicz or
                                                                                                                                  If you’re tempted to shave a few
                                                                                   Drozdovandropopozgiopanatzakis?
                                                                                                                                dollars off your budget by cutting out
                                          Here are three areas where               (Yes, these are real last names!)
                                                                                                                                a professional designer, think twice.
                                          professional design can                  Those and other possibilities have
                                                                                                                                These critical links in your marketing
                                          really make a difference.
                                                                                   to be planned for upfront.
                                                                                                                                chain bring value far beyond just creating
                                                                                                                                printed (or electronic) documents.
                                          Professional                             Your company’s                               They are the creative force behind the
                                          designers know                           image is                                     professional image of your company, and




 Three Reasons to
                                          things the average                       affected by the                              some things are just worth paying for.
                                          person doesn’t.                          quality of your
                                          Want to grab someone’s attention?
                                                                                   marketing materials.
                                          Use color and graphics! But when
                                                                                   Like it or not, buyers judge a book by
                                          you’re creating the pieces yourself,




Use a Professional
                                                                                   its cover. If your marketing materials
                                          sometimes even the most eye-popping
                                                                                   look unprofessional — if your colors are
                                          colors just don’t reproduce as you
                                                                                   muddy or your hairlines don’t match
                                          expect. Or when you re-size a picture,
                                                                                   across the fold — your company will
                                          it becomes pixilated no matter what
                                                                                   appear unprofessional, too. When all




         Designer
                                          you try. What happens if your paper or
                                                                                   else is equal between you and your
                                          finishing cost is more than expected
                                                                                   competitor, the company with better
                                          or your project is delayed because
                                                                                   designed brochures and marketing
                                          of design and format considerations
                                                                                   materials will get more sales.
                                          that were overlooked upfront?
                     photos ©istock.com




                                                                                                                                                                             5
MARKETING                                                                                              MAILING INFO


   ADVISOR
   Printer Name
                                                                                                             HERE




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                  eed a QR co
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            each Com
Call Great R -332-5555
             978




       About Us                                About This Issue
       One or two small paragraphs about you   Programs used:             Coating used:
       and your company. One or two small      InDesign CS                What kind of coating did you
       paragraphs about you and your compa-    Illustrator CS             use to print this issue?
       ny. One or two small paragraphs about   Photoshop CS
       you and your company. One or two
                                                                          Computers used:
       small paragraphs about you and your     Paper used:                iMac
       company. One or two small paragraphs    What paper did you use
       about you and your company. One or      to print this issue?
                                                                          Press used:
       two small paragraphs about you and
                                                                          What kind of press did you
       your company. One or two small para-    Ink used:                  use to print this issue?
       graphs about you and your company.      What kind of ink did you
                                               use to print this issue?
                                                                          Bindery used:
                                                                          What kind of bindery did you
                                                                          use to print this issue?
W
                                                                     hen you think                      You don’t have to calculate out LCV
                                                                                                      indefinitely. Many companies estimate their
                                                                     about evaluating
                                                                                                      LCV out for three to seven years. Otherwise,
                                                                     the success of
                                                                                                      it’s considered too speculative to be useful.
                                                      a 1:1 printing campaign, how
                                                      long a window do you use                        True Measure of Effectiveness
                                                      to determine the dollars it                     Even if it’s an estimate, LCV gives you
                                                      generated? Do you cut it                        a much better idea of what value your
                                                      off after a week? A month?                      marketing campaigns are creating.
                                                      Several months? What about                        For example, the Print on Demand

                                                      the lifetime of the customer?                   Initiative case study archive contains a

                                                        Lifetime customer value (LCV)                 case study submitted by a small lawn care

                                                      is an overlooked metric that                    company that sent out a mailing of 300

                                                      needs to be a larger part of how                1:1 pieces to great effectiveness. When

                                                      marketers measure their success.                the campaign revenue was considered in

                                                        Granted, LCV is very difficult to estimate,   isolation, the mailing barely broke even.

                                                      but it’s important to keep the issue in         But the company knew that its customers

                                                      mind. Customers gained through 1:1              tend to be very loyal over time, so the

                                                      printing tend not just to purchase more,        addition of every new customer meant

                                                      but to be more loyal than customers             several years of recurring revenue. As a

                                                      gained through static methods. Thus, the        result, the owner estimated the campaign

                                                      benefits of customer retention must be          ROI at 8000% on a LCV basis, something




Look at Value Over a Lifetime
                                                      considered alongside other factors in           that made this a best practices case study.

                                                      evaluating the cost-benefits equation.            How do you view your customers?
                                                                                                                         On a one-off basis?
                                                     How do you determine LCV? There are                                 Or as having Lifetime
                                                     a variety of factors to consider:
                                                                                                                         Customer Value?
                                                     Churn rate:
                                                     How often do customers leave your customer base?
                                                     Retention cost
                                                     How much does it cost you to support, bill,
                                                     and incentivize your customers?
                                                     Periodic revenue
                                                     Do you have recurring revenue streams?
                                                     How much do customers spend during an average period?
                                                     Profit margin



                                                     You don’t have to calculate out LCV indefinitely. Many companies
                                                     estimate their LCV out for three to seven years. Otherwise, it’s
                                                     considered too speculative to be useful.
                                photos ©istock.com




                                                                                                                                                      8

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Recent newsletter sample

  • 1. MARKETING Your logo here ADVISOR ISSUE THIRTY-SIX Locking in a Lasting Relationship with your customers also in this issue: Loyalty Programs Really Pay Off Three Reasons to Hire a Professional Designer
  • 2. Want to sell more? Try building relationships with your customers. Yes, it really can be that simple. People like to do business with people. More specifically, they like to do business with people who care about them, who listen to what they have to say, and who are accessible and responsive to their needs. By using the variety of tools in your marketing arsenal, you can build relationships that keep your customers engaged and loyal. What tools do you have at your disposal? Print. Multi-channel marketing. Social media. Newsletters, direct mail Every marketing channel Social media is not a sales Build Business letters, postcards, and has its own sweet spots, channel. It is a relationship other printed materials are so understand the power channel. Use social media great relationship builders. As you use of each channel and maximize it. Print to engage your customers in a larger these tools, don’t always be trying to creates the sense of gravitas and trust. community. Get your team members sell something. Share information. Give Email and mobile allow immediate interacting with your customers as advice. Provide useful resources so that communication and facilitate click- genuine, caring human beings. Have your customers look forward to each through feedback. Social media fosters your team participate in discussions communication. Consider selecting long-term engagement and community (whether on your sites or third-party interesting or unusual substrates, folds, building. Understanding the sweet sites) so your customers know you by Building Relationships and bindings that take advantage of the spots of each medium and layering are really listening. Sponsor contests. unique, tangible characteristics of print. them over time reinforces your brand Create discussions around the culture Data. Knowing your customers helps and helps you stay top of mind. of your business, or fun and unusual deepen relationships over time. You will ways to use your products. speak differently to the Gen-X crowd than Personalized URLs. Regardless of the channels you are you will to Baby Boomers. You will speak Personalized URLs allow you using, ensure that your phone number, differently to a recent college graduate to connect with customers Web address, and links to your Facebook than you will to the head of a household and get their feedback page, Twitter account, and Pinterest with children. Using data doesn’t have using a simple, personalized online boards are included and clearly visible. to mean full personalization, although interface. By asking their opinions on Give customers multiple ways to contact it can. Segmenting into different target products, services, and their experience you and encourage them to do so in audiences can also be highly effective with your company, personalized the ways they feel most comfortable. by allowing you to speak to customers URLs let people know that you care based on their common interests. and that their voices are being heard. As a marketer, you have It also gathers additional information tremendous resources for on those customers so you can better building long-lasting, positive target and customize communications relationships with your customers. with them in the future. Relationships Need help using them? Give us a call! require two-way communication! photos ©istock.com 1
  • 3. Loyalty Programs D oes your company have a loyalty program? A way to keep customers engaged with your business and encourage repeat business over time? If not, it might be time to get started. Case Study: Hotel Resort The program now has been running Take the example of this New for years, and the facility is nearly Jersey-based hotel and resort that always booked to capacity. Ongoing used loyalty programs to encourage CRM programs permit the resort to 20% of its customers to repeat effectively resell, upsell, and cross- business just the first year alone. sell to its customers, all the while The resort learned the value of building additional rapport and trust. loyalty campaigns when it implemented Loyalty programs take a little extra a program that gathered information time and effort to set up, but once on customers on their first visits. It they are up and running, they are highly cost-effective to maintain. The Case Study Results immediately followed up with colorful brochures thanking them for their visit and benefits? They speak for themselves. inviting them to return again. Automated, • 20% of customers trigger-based workflow was used to receiving the direct get these mailers into customers’ hands mailers booked with the immediately while their good memories of hotel or used its facilities ay Off! time spent at the facility were still fresh. the first year — nearly Really P The resort was willing to spend a 30 times the industry significant amount of time, money, average for static direct and energy to develop these mailers mail campaigns. because it knew that once a customer returns a second time, his or her loyalty • The resort recorded is cemented. Thus the extra effort spent record revenues from its getting those customers back in the door services and had the most would pay off in long-term profits. lucrative month in the company’s history. • Quarterly earnings doubled year over year. photos ©istock.com 3
  • 4. E ngaging customers Professional designers do more Good design involves more than than place text and images on a accommodates just sending out page. They take into consideration multi-channel. informational or promotional everything from aesthetics to In today’s substrates to prepress, binding, and print pieces. It involves competitive, multi-channel marketing finishing that the average marketer touching customers’ environment, you must not only be can’t possibly be expected to know. emotions and engaging with able to design for print, but for the If you’re doing 1:1 marketing, designers them at a deeper level that Web, email, mobile, and more. Each play a key role, as well. This is because draws them in. That’s why, has its own nuances in design, color, variable fields can bring some unexpected even with so much template- and format. Professional designers are surprises in a document layout. For expected to be comfortable working based design available example, if you have 1” maximum in most or all of these formats, and these days, professional available space, that’s no problem if the the ability to create consistency across designers still play an recipient’s last name is Smith, Walker, or multiple channels is one of the hallmarks important role in today’s Johnson. But what happens if someone of professional design and marketing. marketing communications. has the last name Salomonowicz or If you’re tempted to shave a few Drozdovandropopozgiopanatzakis? dollars off your budget by cutting out Here are three areas where (Yes, these are real last names!) a professional designer, think twice. professional design can Those and other possibilities have These critical links in your marketing really make a difference. to be planned for upfront. chain bring value far beyond just creating printed (or electronic) documents. Professional Your company’s They are the creative force behind the designers know image is professional image of your company, and Three Reasons to things the average affected by the some things are just worth paying for. person doesn’t. quality of your Want to grab someone’s attention? marketing materials. Use color and graphics! But when Like it or not, buyers judge a book by you’re creating the pieces yourself, Use a Professional its cover. If your marketing materials sometimes even the most eye-popping look unprofessional — if your colors are colors just don’t reproduce as you muddy or your hairlines don’t match expect. Or when you re-size a picture, across the fold — your company will it becomes pixilated no matter what appear unprofessional, too. When all Designer you try. What happens if your paper or else is equal between you and your finishing cost is more than expected competitor, the company with better or your project is delayed because designed brochures and marketing of design and format considerations materials will get more sales. that were overlooked upfront? photos ©istock.com 5
  • 5. MARKETING MAILING INFO ADVISOR Printer Name HERE Phasellus porttitor elit In hac habitasse platea Donec tempor nonummy de? eed a QR co QR C ODE FPO: N munications at each Com Call Great R -332-5555 978 About Us About This Issue One or two small paragraphs about you Programs used: Coating used: and your company. One or two small InDesign CS What kind of coating did you paragraphs about you and your compa- Illustrator CS use to print this issue? ny. One or two small paragraphs about Photoshop CS you and your company. One or two Computers used: small paragraphs about you and your Paper used: iMac company. One or two small paragraphs What paper did you use about you and your company. One or to print this issue? Press used: two small paragraphs about you and What kind of press did you your company. One or two small para- Ink used: use to print this issue? graphs about you and your company. What kind of ink did you use to print this issue? Bindery used: What kind of bindery did you use to print this issue?
  • 6. W hen you think You don’t have to calculate out LCV indefinitely. Many companies estimate their about evaluating LCV out for three to seven years. Otherwise, the success of it’s considered too speculative to be useful. a 1:1 printing campaign, how long a window do you use True Measure of Effectiveness to determine the dollars it Even if it’s an estimate, LCV gives you generated? Do you cut it a much better idea of what value your off after a week? A month? marketing campaigns are creating. Several months? What about For example, the Print on Demand the lifetime of the customer? Initiative case study archive contains a Lifetime customer value (LCV) case study submitted by a small lawn care is an overlooked metric that company that sent out a mailing of 300 needs to be a larger part of how 1:1 pieces to great effectiveness. When marketers measure their success. the campaign revenue was considered in Granted, LCV is very difficult to estimate, isolation, the mailing barely broke even. but it’s important to keep the issue in But the company knew that its customers mind. Customers gained through 1:1 tend to be very loyal over time, so the printing tend not just to purchase more, addition of every new customer meant but to be more loyal than customers several years of recurring revenue. As a gained through static methods. Thus, the result, the owner estimated the campaign benefits of customer retention must be ROI at 8000% on a LCV basis, something Look at Value Over a Lifetime considered alongside other factors in that made this a best practices case study. evaluating the cost-benefits equation. How do you view your customers? On a one-off basis? How do you determine LCV? There are Or as having Lifetime a variety of factors to consider: Customer Value? Churn rate: How often do customers leave your customer base? Retention cost How much does it cost you to support, bill, and incentivize your customers? Periodic revenue Do you have recurring revenue streams? How much do customers spend during an average period? Profit margin You don’t have to calculate out LCV indefinitely. Many companies estimate their LCV out for three to seven years. Otherwise, it’s considered too speculative to be useful. photos ©istock.com 8