Monday, August 06, 2007

Sell MORE!! Use Relevance.

Creating relevance for the recipient of your marketing communications requires good data. I'm stating the obvious. Relevance takes the form of images, text, layouts, etc. But really, there is another form of relevance involved.

Relevance should also take the form of the offer. While we can use relevance to create interest and credibility, when we are selling something, we use relevance to offer a product or service that has value to the recipient. In other words, while it is possible to sell ice cubes to Eskimos, wouldn't you rather sell them blankets or boots. You can sell your ice cubes to your recipients in Arizona. (There is less sales resistance, lowering costs, and more demand, meaning you can improve profitability.) Relevance allows you message to do this. And, if you couple your data with variable data publishing and digital printing technologies, you can change your message and your offer on the fly.

At this point, you can use the same "mailing" to up sell, cross-sell or simply sell to prospects. There are efficiencies to be had by marketing this way. More importantly, by fine-tuning the customer/prospect mix of your "mailing", you can achieve your optimum balance between customer retention and customer acquisition.

Just remember, as you begin to homogenize your data, that data is the hinge-pin of Relevancy Marketing. If you are not prepared to engage in the kind of marketing I outlined above, you may be in the future, so keep your data pure. This can pay huge dividends.

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