| “The
World’s Smallest Marketing Newsletter”
January 1999
• A good headline
answers the question, “What’s in it
for me?”.
• A customer who buys
from you two times is twice as likely to
buy as a customer who only buys from you once.
• If you’ve got
a good product or service, a strong, liberal
guarantee will always increase your sales. The number
of returns or refund requests you get will be insignificant
compared to the increased number of sales you’ll
make.
• Remember the 40-40-20
rule for direct mail marketing. It breaks
down your success in three ways: 40% of your success
is using the right mailing list, another 40% is
having the right offer, and 20% everything else
(including copy, postage, paper, format, graphics,
etc.)
• The more your sales
letter looks like a personal letter, the
better it will work.
• If you mail
a follow-up sales letter three weeks after the first
mailing, you’ll usually pull 50% of the original
response.
• The best place to
spend your marketing dollars is on your
existing customers. Anytime you neglect them, you
invariably lose money.
• It’s better
to offer a Free Bonus than it is to offer
a discount.
• Twice as many people
will respond to an offer or ad with an
800 number than to the exact same material with
a regular telephone number.
• Offer your customers
a cash reward for every referral they give
you that turns into a new customer. Offer money
instead of a discount or coupon, because money rewards
your customer immediately. Pay the cash reward in
the form of $2.00 bills so that your customer will
think about you every time they spend one, since
people rarely receive them.
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