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April 04, 2008

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Eliot

Dave, thanks for sharing this analysis, there's certainly a lot we can learn from it. While I can't comment on the creative (as I haven't seen the piece), I must say the offer doesn't sound quite right to me. While a $20 gift card might sound like an attractive incentive to many, I really don't think it's right for this audience. If this was a B2C campaign, then it would be a different story, but 20 bucks isn't really going to grab the attention of a C-level audience.

An offer is always necessary. In this case, what was really needed was a compelling call-to-action, which provided strong value proposition and answered the "why": "Why do I need this service?" "What value will it provide to my business?", and more importantly, "will it make me look good?". The best way to reach your audience is to think like them!

Mitch Aase

I'm with Eliot on this one. I don't feel the 20 bucks is compelling. This crowd is often looking for self-actualization.

They want something that speaks to their core beliefs (like global domination).

Live and learn, right?

Mitch Aase
Director of Sales & Marketing
Magicomm, LLC
phone: 978.834.3171 ext: 101
e-mail: mitch@magicomm.biz
web: www.magicomm.biz
fax: 610.808.3986

Rab Govil

Based on some of my previous experience regarding offers, I have been amazed by how many C-level people will download something for a gift card. However, I agree with the comments above. It seems like they are more interested in relevant information to help build their business or things to help them improve personally. For example, I have found business books to be a great offer.

I have been proven wrong so many times with these things that the only thing that I can hang my hat on is : Test, Test and more Test!

Mitch Aase

Rab,

yes!

Test test test, re-calibrate and then test some more.

Nic

I think that is it a great example of what a lot of companies make the mistake of. It is easy for get excited about a new technology such as Personalized Url's, to think that by just simply adding it to a DM campaign that it will bring instant success is a big mistake.

A customer that we work with mailed out 4000 postcards with Personalized Url's that was mailed out to the CEO's corporate companies. The offer though was for a $25 Starbucks gift card if they would sign up for a demo of the product. In short the campaign got less then 1% response rate that I would put down to not being a big enough incentive to get past the gate keeps of these large firms.

However, another customer of ours in offering a I-Phone give away was able to get a 31% lead response on a 7000 postcard with a Personalized URL included.

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