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February 15, 2007Manufacturer Infiltrates Lucrative Industry Segment with Attention-Grabbing Promotional Products!
| Challenge: To gain access to an exclusive industry sector and open new accounts worth millions. A construction and mining equipment company was looking for a creative way to sell their commercial engines to school bus fleets, a very lucrative — but very exclusive — target market for their products. The company also wanted to convey its ability to help fleets “find their way out of the forest of new emissions regulations” in a manner that stuck with the client. The product’s compliance with new emissions regulations was its unique selling point, and it had to be stressed without boring potential buyers. Solution: Send out a direct mail package which includes promotional products to highlight the company’s mission, as well as a high-value incentive to schedule a sales consultation. In addition to the imprinted compass, the package promised a hi-tech promotional GPS system to clients that scheduled a sales presentation. These coveted gadgets were a great incentive to respond to the promotion and an easy way to get people excited about the product. | ![]() |
Result: Mind-boggling 48% response rate with a 16% conversion to sale, resulting in millions of dollars in new revenue.
Whereas many direct marketers consider response rates from 2-3% to be good, this mailing yielded an impressive 48% that blew industry response standards out of the water. Out of this 48%, 16% of the prospects were converted into paying clients. It gets better — each one of these clients invested a bare minimum of $1.3 million into new engines. Not too bad for an inexpensive promotional compass and some promotional electronics! The manufacturing company was absolutely stunned by their results, and will likely conduct similar campaigns in the future.
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Posted by mark at February 15, 2007 1:29 PM
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