Direct Marketing Plan

30
Developing a Successful Direct Marketing Plan Bonus: 10 Key Questions 1

description

Learn how to create a successful direct marketing plan that will increase sales.

Transcript of Direct Marketing Plan

Page 1: Direct Marketing Plan

1

Developing a Successful Direct Marketing Plan

Bonus:10 Key Questions

Page 2: Direct Marketing Plan

2

38 percent of marketers say new marketing campaigns are rushed to market based on the limited intuition of a few people.

“Marketing ROI and Measurements Benchmark Report,” Lenskold Group & MarketingProfs.com, 2005

Page 3: Direct Marketing Plan

3

Counterproductive top management pressure

Overloaded line operating staff

Lack of experience in strategy development

Page 4: Direct Marketing Plan

4

ENOUGH

Page 5: Direct Marketing Plan

5

‘Good ideas’

Media

Ad concepts or Copy approaches

Page 6: Direct Marketing Plan

6

The plan identifies concrete strategy and corresponding direct response tactics developed to overcome specific obstacles that would otherwise block agreed-upon objectives.

Page 7: Direct Marketing Plan

7

This type of plan development, valuable to any form of marketing, is crucial in direct response marketing.

Page 8: Direct Marketing Plan

8

Identification of each project's specific objective, market segment to be penetrated, and priority, is essential.

Page 9: Direct Marketing Plan

9

Background

Objectives

Obstacles

Strategy

Tactics

Financials

Page 10: Direct Marketing Plan

10

Customer Profiles and Buying History

Buying Process

Description and Benefits of Products

Market Position, Sales History & Competition

Distribution and Sales

Financials

Page 11: Direct Marketing Plan

11

Be Precise

Be Thorough

Page 12: Direct Marketing Plan

12

Obstacles

Threats

Weaknesses

Page 13: Direct Marketing Plan

13

Program Scope

Basic Offer

Concept and Theme

Versioning and Personalization

Media Selection

Page 14: Direct Marketing Plan

14

Packaging

Media Mix

Implementation Plan

Process and Procedures

Timing and Schedules

Cost Estimates

Page 15: Direct Marketing Plan

15

Break-even Calculations

Yield Potentials

Response Tracking

Analysis

Reporting

Page 16: Direct Marketing Plan

16

10 Key Questions to Guide your Success

Page 17: Direct Marketing Plan

17

1. Did we use, and stick with, the task method?

Page 18: Direct Marketing Plan

18

2. Have all major direct marketing disciplines participated in creating the plan?

Page 19: Direct Marketing Plan

19

3. Have you established one final decision maker as a Project Leader responsible for overall development and completion of the marketing plan?

Page 20: Direct Marketing Plan

20

4. Has sufficient marketing plan development time been allocated for the planning group?

Page 21: Direct Marketing Plan

21

5. Has the entire marketing plan been committed to writing?

Page 22: Direct Marketing Plan

22

6. Did you address major plan elements in strict sequence throughout the planning process?

Page 23: Direct Marketing Plan

23

7. Did we stop the planning process whenever essential data was not known?

Page 24: Direct Marketing Plan

24

Customer Profiles and Buying History

The Buying Process

Product Benefit

Sales History

Competitive Situation

Market Position

Distribution and Sales Methods

Manufacturing and Marketing Margins

Page 25: Direct Marketing Plan

25

Stopping the market planning process does not mean 'scrapping' the project.

Page 26: Direct Marketing Plan

26

8. Did we complete predictive yield analysis and format our yield reports as an integral part of our written marketing plan?

Page 27: Direct Marketing Plan

27

9. Has each individual involved in creating the plan (plus some who were not) reviewed, studied, and critiqued the entire written plan?

Page 28: Direct Marketing Plan

28

10. Did we meet, as a group, for final review and agreement on the entire plan?

Page 29: Direct Marketing Plan

29

Summary

Page 30: Direct Marketing Plan

30

About DWS AssociatesSince 1982, DWS Associates has helped clients in a variety of industries increase sales by improving sales and marketing performance.

A solid foundation in direct marketing, database management, business intelligence and analytics drives our lead generation, lead management and nurturing, customer relationship management, offer optimization, retention and referral efforts.

The bottom-line is that our work consistently delivers highly profitable results. And our fee is always a small percentage of the results we produce for our clients.

To learn exactly how DWS Associates can help your organization generate profitable sales, call 651-315-7588 today.

[email protected]

CONTACT INFO