Rent to Own Online
"All Rent to Own...All the Time"

Home

| About RTO Online | RTO Tradeshow | Press
#1 Online Destination For the Rent to Own Industry
Trade portal for companies who rent to own furniture, electronics, appliances, custom wheels, jewelry and other home goods.
Rent to Own Online
Rent to Own Tradeshow
Who's Who in rent to own  
 
Rent to Own Jobs and Resumes  
Search Rent to Own Online  
Subscribe to
RTO Magazine

E-mail Address :

Manage Subscriptions
 
United States Rent to Own Store Locator  
State Rent to Own Law  
Rent to Own Websites  
Rent to Own Industry Poll  
Editorials By Rent to Own Professionals  
Rent to Own Stocks  
Rent to Own Links  
Rent to Own Industry Events  
Rent to Own Online Archive  
Rent to Own Industry Training  
Advertise on the number one website for rent to own professionals  
Rent to Own Industry Blog  
Rent to Own Chat  
Rent to Own Industry Forum  
Rent to Own Industry Glossary  
National News  
Contact Rent to Own Online  
 

Site Statistics

 

Poll

 

How To Plan An Effective Direct Mail Campaign
09-27-07
RTO Online - The rent to own industry's trade website
Email this page to a friend

Rate: 

Your email address Worthless Helpful I have tears of joy Better than War and Peace

Add your Comments

Factoids

Back to news

Related articles
most recent first

Quick Ship And Broad Selection Making Coaster Company The Furniture Vendor of Choice For Many Rent to Own Dealers

How To Implement Theft Prevention; Nine Tips For Making Your Rent to Own Store More Secure
The Four Methods Of Managing Your Rent to Own Company's Cash Flow
Interview With Michael Garner, Southeast Auto Rental Dealers Association
How To Build The Ultimate RTO Customer Experience; Eight Ways To Wow Your Customers
Nations Largest Rent to Own Store Growing According To Plan
How To Extend The Life Of Your Rental Furniture
How To Plan An Effective Direct Mail Campaign
How To Increase Store Profit and Benefit Operations by Selling Home Phone Service
How To Retain Your Best RTO Employees; 16 Cost-Effective Ways To Grow A Company Culture That Helps You Keep Your Keepers
Interview With Gloria Homeier-Schwein, Owner, A Full House Rentals
Interview With Express Rentals Owner Jean-Guy Poulin
Michael Novembrino Shares Secrets of Choosing the Right Site For Your Next Rent to Own Store
The Right Store Fixtures Can Build RTO Home Entertainment Revenues
Check back for more RTO How 2 articles

By Chet Pensak - InForm Print & Promotions

Every successful direct mail campaign requires three properly executed elements, all working harmoniously in balance for a 100% effective mailing: your Mailing List is 50% of your success, the "Offer" your making is 30% and the Creative Design of the mailing piece is 20%.

From the September How 2 issue of RTO Magazine
Chet Pensak, InForm Print & Promotions
In addition to direct mail, InForm Print & Promotions is a leading supplier of promotional items to the RTO industry. See RTO Online's video podcast with Director of Operations Chet Pensak.

You have two seconds to get the interest of a rent-to-own / lease purchase prospect in a Mailed Offer before she "circular files" it. To stop the filing process, an attention-getting mail piece with an attractive Offer must be directed toward the demographically correct recipient. Below are direct marketing tips to help guarantee a successful direct marketing program.

50-30-20 Marketing Plan: Every successful direct mail campaign requires three properly executed elements, all working harmoniously in balance for a 100% effective mailing: your Mailing List is 50% of your success, the "Offer" your making is 30% and the Creative Design of the mailing piece is 20%.

Mailing List - 50% of your success: A qualified mailing list is by far the best list; one that is of your own creation, from your own data source, and includes names of people that have willingly given you their contact information. It may be an active account list or a list gathered from an in-store promotion. The rub is, you must maintain it. Addresses need to be verified and corrected a minimum of once a year, or they are worthless (You can do this with a first class 4" x 6" postcard mailing that will give you address correction). Lists of customers with active accounts are generally well maintained. Qualified prospect lists must be maintained either through telemarketing, first class mailings with address correction, email requests for address correction, or a third party list-cleaning service. NCOA is the US Postal Service's National Change of Address service which compares and updates your list with individuals, and businesses that have moved and filed an address change with the post office. The benefits of NCOA include: Reducing undeliverable mail; lower postage, printing and mail preparation cost; speeds mail delivery by several days; meets USPS requirements for automation discounts. NCOA processing costs vary depending on the list quantity, but average $10 - $15 per 1000 and are simply done by contacting an NCOA broker such as BZ Mailing Services, Inc. (www.bzmailing.com).

When it's necessary to purchase a compiled list of unqualified names, purchase it thru a well-recognized list broker that has verified its list within the last year. When purchasing your list, since you know your targeted audience best, be sure to be very specific about the demographics you require such as: household income, age, zip code, own or rent home, or nationality (Spanish postcards are popular). The use of "Occupant" rather than individual names can reduce the cost of your mailing list. Ask your list supplier if you can reuse the list you're purchasing. Some allow it (for an extra fee) and some don't. Those that don't may "seed" the list to notify them if the list is being reused. You can build your own list thru many mailing services such as BZ Mailing mentioned above or go to Dun & Bradstreet and build your own at www.zapdata.com.

The Offer - 30% of your success: You know what drives your customers' in-store purchases. Exploit those drives with a variety of different direct mail Offers to match. The "99 Cents" or "First Week Free" can be effective in getting prospects into the store when used sparingly, but are often over-used and worn out. The goal of your direct mail campaign is not to sell the prospect but to get the prospect into the store. It's your sales staff's job to sell them. Consider "give-aways." You'd be surprised how often the Offer of a free hat or T-shirt will get the prospect into the store and a Big Screen sold. In-Store Promotions, combined with your direct mail piece are a really good idea. Get the kids involved. They will get the parents into the store to sign up to win the Giant Christmas Stocking or the Easter Bunny and Basket of Toys.

advertise here

Creative Design - 20% of your success: When designed properly, colourful, unique postcards are the most "guaranteed to be read" direct mail vehicle for your Offer. There's no envelope hiding your attention-getting message. The standard 4" x 6" postcard is appropriate for small mailings such as to paid out customers, for thank you's and for happy birthdays. Its advantages include low postage ($.26 each), first class service with address correction and lower printing cost. Their biggest disadvantage, however is its SIZE. Size really makes a difference and a bigger postcard will get more noticed. An attention getting 5.5" x 8.5" or better yet, a 6" x 11" postcard stands out, gets noticed above other mail received and, when used in a larger mailing, can actually cost less to mail overall. Include people and lifestyle in your designs. "Mood" images of furniture or appliances being used by happy people help to put your prospect into the scene, enjoying that new living room suite. Be creative in your headline. A quizzical headline can catch the curiosity of the prospect and lead him right into your message and Offer. White space is just as important as printed space. Resist the feeling that unless every square inch of the mailing piece is covered with ink (text or pictures), you're not getting your monies worth. White space helps to define what's important in message.

The Ultimate Direct Mail Targeting: Technology now gives us the ultimate in targeted direct mail. Variable printing on the press, of text and images, enables you to send a postcard to your paid outs, with their name as part of the headline, make them a custom Offer unique to them, and including pictures of products they have not yet rented. Every postcard is different. Every postcard designed for the prospect to whom it was sent.

__

Chet Pensak is Director of Operations for InForm Print & Promotions, Inc. which has provided creative, print and direct marketing services, as well as promotional items and RTO-specific business forms and agreements to the RTO Industry since 1980. For more information on these services, he can be reached at: 888-786-3676 or chet@rtoforms.com. Products may be viewed and ordered at www.rtoforms.com.

 

 

 

 

 

 

 

 

 



 

RTO Online is the official channel for Rent-to-Own Industry News and the only independent source of news for the rent-to-own, rental-purchase, lease-purchase trade. RTO Online (Rent to Own Online) represents the choice of the entire RTO Industry for trusted information, as it happens.

Tell us what you think
Rate the article at the top of this page