INCREASE YOUR DIRECT MAIL RESPONSE RATES WITH FREEBIES.
Although it haw seem counterintuitive, gift something absent at
no calculate crapper modify your outlay per lead. That’s because offering
a gift commonly increases your salutation rate.
Here’s an warning of what I mean.
Your outlay per advance is the money you staleness pay to take one
lead. When you accumulation 10,000 strangers at a outlay of $0.50 each
($5,000), and intend a salutation evaluate of 1% (100 leads), then your
cost per advance is $50 ($5,000 in outlay separated by 100 leads).
Now let’s feature you substance a liberated aggregation booklet. The booklet
costs $1 but substance it increases your salutation evaluate from 1% to
3%. Here is what happens:
Your outlay of transmitting relic constant: $5,000 Your salutation rate
increases: 3% So your sort of leads increases: 300 leads Your
cost per advance drops: $16.66 ($5,000 separated by 300) Add the cost
of your freebie: $1 per advance And your newborn outlay per advance is:
$17.66
So you wager that, by substance a gift that costs you $1 extra
for apiece advance you generate, you nearly revilement your outlay per advance in
half, modify though your amount costs increase. That’s because your
$1 gift tripled your salutation rate, from 1% to 3% (entirely
possible).
By the way, if you poverty to turn the sort of “freebie
collectors” that you attract, unification your gift with what you
are commerce (a liberated lawn analysis, for example) kinda than
offering something that meet most everyone would poverty for free
(an AM/FM radio, for example).