ABM and Direct Mail – How to Drive Prospecting and Outreach Efforts with ABM
No matter your age, you always become as delighted as a youngster when a parcel shows up at your door! While some people are incredibly skilled at disguising their excitement, others exhibit it. Yet, curiosity and inquisitiveness are normal human emotions. Imagine creating these emotions in the decision-makers of the companies you are targeting. They will notice the gesture, no matter how tiny or large, since you will stand out. Read on to learn more about how to drive prospecting and outreach efforts with ABM and direct mail.
In ABM, what Is Direct Mail?
Precise targeting, personalization, and conversions are all components of the account-based marketing strategy. But what happens if you incorporate tangibility into the procedure? According to an Infotrends analysis, a multi-channel ABM strategy raised the email response rate from 7.5% to 9.5%. Yet, providing a tailored customer experience, selecting the target accounts, and finding the right content are ABM’s main hurdles.
Thus, direct mail might assist you in overcoming the difficulty of providing a customized consumer experience. The decision-makers at the chosen organization receive personalized gifts, greetings, and more through a direct mail technique. The best thing about direct mail is that it allows for unlimited creativity. Also, it makes sure the top team is aware of your work.
Read More: SalesTechStar Interview with Brian Paterson, Global Vice President of North America Sales, 8×8
Concepts for Using Direct Mail in ABM
Never forget to include a strong, distinct, and evident call to action in any personalized gifts you send as part of your direct mail campaign. It will help if,
- Your communication is brief, clear, and concise.
- You adopt a less is more approach.
- In your mail, you include deeper personalization.
A good mailing could cost between $100 and $1,000 per target, which is sufficient to have an impact. Some of the useful techniques that must be followed for this campaign include:
Cutting through the noise: For senior executives who might not read white papers or attend webinars, high-value and highly tailored giving can cut through a crowded marketing environment. Compare how many deliveries arrive at your desk to how many emails you receive each day. A Mail Print study indicates that targeted direct mail has a response rate of 4.4%, which is over 40 times greater than email.
Cognitive Psychology: Receiving direct mail activates the brain regions associated with visual and spatial information. Tangible objects connect to your prospect’s memory and emotions regions since they are more real to the brain. Sending someone a present can also make it more likely that they’ll respond to your other outreach efforts; it offers you a cause to do so, and PFL, a direct mail distributor, claims that recipients of parcels are ten times more likely to take action when asked for something in return.
Duration of the Impact: According to research, a gift ties the giver to the recipient. People will remember you whenever they use or see anything you helped them acquire. Almost the polar opposite of email.
Useful Tips for Direct Mail Marketing
Here are some useful tips to help you with designing and executing direct mail marketing campaigns: –
1. Where do addresses fit in?
A postal address for contacts, especially a residential address, is frequently missing from databases. Just informing the prospect that they have a present for them and asking them to confirm the correct address might solve this problem for businesses. Alternatively, businesses can use e-gifting, which can take the form of anything from a $5 gift card to entice clients to attend a meeting to a delicious dinner delivered by Uber Eats to a sizable donation to the charity of their choice.
2. Don’t disregard the group!
Don’t stop with the decision-maker. Consider sending gift cards to other account influencers who would otherwise feel left out if you’re sending an executive extravagant direct mail.
3. A private note
As long as they are timely, precisely targeted, and show an understanding of the recipient, handwritten, personalized notes can have an impact that is comparable to that of a high-value direct mail piece. Moreover, direct mail companies can create and send messages that are handwritten (or appear to be handwritten) using automated plays.
Read More: The Growing Importance of Sales Performance Management
Conclusion
Account-based marketing can initially appear to be rather difficult, so you’ll need to spend some time finding out the best way to execute it. Yet, it is a very specific strategy that will help you stand out from the crowd and build a reputation for authority in your particular field.
ABM strategies may be quite effective, especially when used in conjunction with the appropriate technology that automates your sales process and enables you to reach your ideal clients more quickly.
The fundamental tenet of ABM is to approach each account as a distinct business segment and allocate specific resources to each of its many entities. For instance, distribution, marketing, and IT departments will all be engaged in the purchase of your CRM. It is best to target each of those categories independently with unique messaging and pitches.