The direct connection is a pretty big benefit in itself but direct marketing doesn’t stop there; it has more benefits to offer. Some of them are listed below:
High segmentation & Targeting
This takes the first spot because this benefit of direct marketing lets you reach a specific type of audience with personalized messages. It’s not easy to set the right audience though, which is why an extensive amount of thorough research is always encouraged.
Once you have identified them and targeted them, it will be a piece of cake to convert the leads you garner. A well-targeted direct marketing campaign will also provide you with an accurate understanding of how your customers are responding to your product and service offers.
Optimize Your Marketing Budget
One added advantage of conducting thorough research is that it will help you set realistic goals and that will further improve your sales. Remember a big budget doesn’t always guarantee a big return. If you know how to do direct marketing right, even a small budget will be enough for you.
Moreover, if you optimize your direct campaigns properly, you will outdo the traditional advertising easily. Most direct marketing will be more cost-effective for SMEs than mass media advertising campaigns.
Increase Sales With Current & Former Clients
Direct marketing lets you build connections with your clients by communicating with them directly which builds trust in your brand and thus brings value.
Moreover, being open to conversation, lets you stay in touch with your existing clients. Let us spell out the new sales opportunities it could result in: LIMITLESS!
When it is a familiar person contacting the customer and making an effort to understand their needs; the sales are seen spiking on the graph. Keeping your existing customers has proved to be quite difficult for a lot of people. This is why maintaining and using reliable customer records are crucial for brands.
With direct marketing, you have the advantage of re-establishing relationships with your customers who haven’t bought your products or used your service for a while. However, this is a slippery slope so we would advise you to tread carefully and see where your efforts for rekindling a relationship go.
Upgrade Your Customer/ Prospect Loyalty Strategies
Direct marketing allows customizable promotions, emails, and offers that create an instant bond that lasts.
Additionally, if you create an immediate link with your customer, their connection to the brand will strengthen and they are more likely than not to return to buy your product or service again, maybe even more than once.
Many businesses send out birthday cards, discount offers, etc. to their customers that combine direct marketing and customer loyalty strategies. This instills a level of loyalty in your clients that they can never break free from.
Create New & Repeat Business Opportunities
Always adapting to market demands and responding more efficiently is a tell of direct marketing. This has always paved the way to create new business opportunities. On top of that, if you use techniques for sourcing new customers, you will be able to effectively grow your sales in a fast and flexible way.
Test, Optimize & Repeat!
All your efforts will go to waste if you are not keeping an eye on your results and analyzing them.
With so many advantages of direct marketing available at your disposal, measuring your campaigns is all that much easier. As with direct approaches you get direct results and hence, direct feedback. Use this feedback to gauge your audience’s preferences for your products and/or services.
Since we’re done discussing the advantages of direct marketing, let’s now discuss the disadvantages of direct marketing.