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In direct marketing, a letter is the absolute best marketing tool available at
any price. Correction: giving away a new boat with a purchase is a better
marketing tool. So let’s say a letter is the best marketing tool you can use for
under a dollar.
Letters can be used at every level: from prospecting, to turning prospects
into customers, to securing sales, to CRM, to building brand and company
loyalty, to creating a higher lifetime value of each customer. Just ask the
insurance companies - you get a letter each year thanking you so much for all
the money you spend with them, don’t you? OK, perhaps we should phrase the
question a little differently: Why do you suppose the insurance companies lose
about one third of their clients each year - is it because they don’t invest the
34¢ to send each customer a thank you letter each year? Yes, that’s a better
phrasing.
Letters can be targeted to one person, a broad field, an entire industry, an
income group, or defined by geographics, demographics, psychographics,
whatever. They can sell, position, generate a call, revive old customers,
drive someone into your store or website, invoke just about any kind of response
or just make someone feel great about doing business with you. All for just
34¢. Yep.
From personal pitches to classless advertisements with misspellings, a
letter is a personal portrait of the sender.
Whether it’s smooth and subtle or filled with typos, a letter is actually
the most effective single piece of paper in all of direct marketing. Any
arguments? Do you know what the most effective single sheet of paper is in all
of marketing? I do. You’ll have to email me for the answer - or just wait
until next month’s column.
A letter is like a reflective pool, showing the image of the sender through
the circular ripples from just the slightest touch or the falling of a stray
leaf. Wow, how profound. You didn’t know us older folks still smoked pot, did
you?
So, when you send a letter what kind of mark are you leaving in the business
world? Is it crusty with jagged edges like my wife, or is it smooth and well
researched like my secretary, carefully punctuated with a soft finesse. Does it
have voluptuous curves and nice legs like her, too? Of course not… it’s a letter
- and every letter has it’s limitations. Still, it can be most effective for
bringing in additional business - even if it doesn’t have silky auburn hair that
drifts gently down her forehead when she looks at the computer, and every once
in a while you can see her looking at you out of the corner of her eye.
How’d you make out with last months campaign? What - you haven’t done it
yet? Hurrmph. I’ll make you a deal. Complete this campaign and if it doesn’t
work I’ll send you a refund of all the money you paid for it. You do remember…
last month we talked about the value of a letter campaign: 3 letters. (It was a
short campaign.) You had promised me that right after watching Sponge Bob
Square Pants that you were going to sit down and write 3 letters and send them
to your top 100 prospects, and to your top 100 customers. Or, was that my kids
promising they’d practice piano after watching…) Anyway, I’ll make you this
bet. Craft your letters well, and I’ll bet it brings in business for you.
Here’s how.
First, you write your objective. We don’t want to appear too sales-oriented
with these letters, so we won’t actually appear to sell anything in the first
two letters. Our primary objectives will be to build a stronger customer
relationship, increase customer retention, and build brand and company loyalty.
Sales will follow naturally.
Here’s the secret: the best way to meet our objectives is to thank our
current customers for their past business. “Over the past several years I have
had the privilege of serving you.” Nope, sounds like a hooker quitting her job
and leaving me a note on my dresser when she, um… I mean leaving her client a
note on his dresser. But it’s close.
How about, “Enclosed please find…” No, no, no! I hate that! Hey, if you’ve
included it, they’ve already found it. You don’t ever have to say that in a
letter. As publishers, we send books to a lot of people. It’s pretty
superfluous for us to say in our letter, “We have enclosed our book…” No shit,
they’d think, as they’re holding our book weighting 2-1/2 pounds. It’s the
biggest thing in the box, dwarfing my letter that resting on top of it.
Whatever your sending, I assure you they’ve found it just fine without your
mentioning it. Well, at least I’ve never had anyone call and say, “Geeze, there
was a book in the package? We couldn’t find it.”
So what do you say in our letter? “Thank you. Thank you so much for your
business. I appreciate it. There are hundreds of places you can purchase goods
and services similar to our’s, but you buy them from us. So please accept my
thanks, I really appreciate your business and your trust.” Get the idea?
The second letter mentions the previous letter, in case they forgot. “In my
last letter to you, I’ve tried to express just how much I appreciate the
business you do with our firm.” And then go on to sell some benefits; “I’m not
sure I mentioned it, but there are some things you get with our firm you won’t
find in any of our brochures. First, you get our guarantee of complete
satisfaction with every product you purchase from us. If you’re not happy,
we’re not happy - and I encourage you to call me personally with any problems or
questions as soon as they arise - so I can resolve any issues to your immediate
and complete satisfaction. Next, you receive…”
Painting a picture of a firm everyone wants to do business with is easy in a
letter. But like any promise, it’s much easier to make than to keep. The third
letter again, entices the customer with benefits, then at the end encourages the
reader to call with the soft sell of, “We’re here for you all day, every day.
Please call me at any time to place an order, with questions, or with your
comments about our products or services. I’m always as close as your phone. If
you need me after hours, here’s my personal cell phone number:” P.S. It’s OK to
turn your phone off after work - if it’s that important, they’ll call you first
thing the next morning.
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