Thursday, September 17, 2009

Suffolk Marketing Blog | Peel Me a Cookie


I love cookies. Particularly chunky ones with lumps of chocolate in them the size of icebergs. Naughty but very nice. I love bananas too. Residing at the opposite end of the healthy lifestyle spectrum, the humble banana is high in fibre, vitamins B6 and C, as well as iron and potassium. In fact, the banana is a veritable smorgasbord of healthy goodness.

Driving back from a long meeting recently, I topped up my energy levels with a gorgeous looking white chocolate cookie. Scrummy. But as I ate, I got a funny aftertaste. After initially writing this off due to tiredness, my second bite yielded the same taste. Bananas!

As intriguing a combination as this might sound, the cookie was not supposed to be laced with essence of banana. I even checked the packaging to make sure I hadn’t picked up a rogue bag by mistake!

On reflection, I thought I might like to try a banana-tinged white choc chip cookie in the future, but that moment’s eating experience was tainted beyond redemption. Simply put, my expectations were not met. No matter how nice my “Banookie” might have been, it wasn’t what I expected.

We all need to be aware of and manage expectations carefully. As a marketing business, we need to be fully aware of likely response rates to various types of marketing campaigns. We think our clients should be too.

Many businesses might be surprised to learn that according to the Institute of Direct Marketing, a normal response rate to a direct mail campaign is “only” 2.6%. Sounds awful doesn’t it? 97.4% of contacts don’t respond! So if your campaign managed a 2% response rate, is that a complete disaster? What if your campaign achieved a 5% response rate? The reality is that whilst a 5% positive response is great, most businesses would STILL feel disappointed that 95% of the letters/cards/postcards/flyers they had paid to be lovingly designed, printed and distributed were so quick to find the recipients recycling system.

Of course there are tactics we employ to ensure response rates are significantly higher, such as multi-touch campaigns or tightly integrating direct mail into other marketing activity. In this way Business Vitamins aim to ensure that at LEAST a 2.6% response rate is achieved.

And to ensure neither our clients or ourselves slip up, we'll also ensure we discuss what you can reasonably expect to achieve. You might be surprised how much!

Banana update:
Try peeling a banana from the bottom and you won't have to
pick the little 'stringy things' off of it. Apparently that's how monkeys do it. Also, take your bananas apart before placing them in your fruit bowl. If you leave them connected at the stem, they ripen faster.

Do you need to outsmart your competitors? Contact us now on 0845 310 2457 to discuss what you want to achieve and how we can help you meet your goals.

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