Ideas for Dealing with New Postal Rates
Summary: I’m sure most of you noticed, as Doc did, that certain bulk mailing rates went up on April 17th, another attempt by the Postal Service to stop the flow of red ink. So with rates going up, what are bulk mailers to do?
I’m sure most of you noticed, as Doc did, that certain bulk mailing rates went up on April 17th, another attempt by the Postal Service to stop the flow of red ink. So with rates going up, what are bulk mailers to do?
Julie Sullivan over at Digital Nirvana has some great ideas for keeping postage costs down.
1. Segment Your Data. By segmenting your database, you’ll be able to quickly discover buckets of opportunity ranging from your most profitable customers to your highest potential prospects. Allocate your marketing dollars wisely, and don’t waste your budget on messages that will fall on deaf ears.
2. Craft Relevant Messaging. As a direct marketer, you goal is to illicit response. Not only do you need to find the right audience, you also need to hit them with a relevant message that will get them to act on your offer. Incorporating strategies such as personalization and human behavior response triggers into your copy and design can improve your response rate and ultimately increase revenue.
3. Digitize Your Print. Use technology that will transfer your one-sized-fits-all communications into meaningful conversations. Through business rules assigned to your program, variable digital print can take hundreds of variables and make them come alive into a personalized message for your target audience. Less volume and higher response can validate the digital print ROI.
4. NCOA Your Mailing List. An upfront investment in NCOA (National Change of Address) could save you sometimes thousands on undelivered mail. Use this updated data with correct mailing addresses to cleanse your database and maintain a high quality list.
The one silver lining to a postal rate increase is that it forces large mailers to be even more efficient and to look to technology for help in keeping costs down. Doc knows it’s all a numbers game and you have to find a way to make the numbers work in your favor.
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ZDNet introduces Doc (The DocuMentor), sponsored by RICOH. Through his blog, Doc will educate you about Document Management. So who is Doc? Doc is something of an enigma. He was born to a Russian ballerina and a German electrical engineer who some believe was running covert operations for shadowy corporate interests. Doc grew up in various locations in the United States, although no one seems to know precisely where, least of all Doc. His early schooling was unremarkable except for the time he was caught trying to replace all the mimeograph machines with high-tech color copiers that had mysteriously disappeared from a shipment to Albania. At MIT, he made a name for himself by transforming a large printer into a robot that hunts and eats Roombas. Professionally, he reportedly has seen the insides of more brands, versions, and generations of printer and printer-related hardware than almost anyone. Some say his obsession with paper, printing, and mechanical movement was either started by, or evidenced by, a traumatic childhood episode when he crawled inside an old Xerox 2400 and tried to print himself.
Anyway, Doc has hands on experience with stuff like printer maintenance and fleet management, but his mastery of document management leaves no stone unturned. Important issues like sustainability, security, and regulatory compliance are top of mind for Doc, as are other business technology needs like networking and IT services, making him a true blue IT renaissance man.
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you can select the carrier route you want to target within a 2-to-5 mile radius of any address, and see the cost of mailing to that route. Check it out! It's the best thing since sliced bread!
Thanks for the tip on the new USPS mailing tool. Sounds like the post office is addressing the needs of smaller mailers and giving them some of the advantages the big guys get. Whatever you think about direct mail, it should be easily accessible by all businesses.
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