Get Measurable Results with Direct Mail
Measure Your Marketing Effectiveness
The percentage of your mailing that responded is known as the response rate. Unless you’re mailing to people who have previously responded to the direct mail format, the typical response rate is 3.4%. The problem with measuring the response rate is when you are mailing two different direct mail campaigns with different mailing costs; or two different direct mail campaigns of the same cost, but with different offers. Rather than looking at raw numbers, you may want to find out your direct mail campaign value. Depending on the situation, you can measure the results of your direct mail campaign using advanced techniques called Key Performance Indicators, or KPIs, including:
Improve Your Direct Marketing Effectiveness by Adding Channels
Taking the time to measure your marketing effectiveness is worth the effort. You’ll never know how well your direct mail campaign is working unless you track them and measure your results. Once you take the time to see what your direct mail campaign value is, eventually you’ll be able to get maximum return on investment; you’ll know what changes to make to influence the campaign’s effectiveness.