BANKS

Direct Mail Leads to Direct Business

Despite the digital deluge, there has been a surprising resurgence of direct mail in financial marketing, highlighting its potential for higher conversion rates and deeper connections with consumers.

Some key ideas to consider:
• Direct Mail requires an investment over time— remember that in marketing, frequency matters.
• Choose partners that understand logistics issues including compliance concerns, rules, and regulations.
• The modern direct mailer can provide accurate marketing data analytics, which makes tracking and reporting more efficient.
• Your messaging is critical. Being on point with your audience increases response rates and ROI.
• Empathy and emotional connection drive response.
• Being consistent across multiple channels is vital.
• Regular communication using various channels turns prospects into customers.

Direct Mail….

Leads to Big Sales and Higher Conversions

〉 Direct mail’s response rate is 4.4%, compared to 0.12% for email.
〉 In the lending industry, response rates of up to 1.16% lead to more qualified leads.
〉 Example: 1.16% response from 120,000 people can result in 522 funded loans.

Matches Consumer Preferences

〉 76% of Americans trust ads received in the mail.
〉 Cuts through email clutter; average person receives 121 emails per day.
〉 Four in 10 people enjoy checking physical mail, creating a deeper emotional connection.

 

Contact Us Now for More Information

Phone: (816) 459-8404

Admin

Recent Posts

Maximizing Your Nonprofit’s Impact with USPS 2025 Mailing Promotions and Incentives

  For nonprofit organizations, direct mail remains one of the most effective channels for donor…

2 days ago

Print Marketing: Balancing Personalization for Success

As marketing has evolved, personalization has emerged as a key advantage for businesses aiming to…

4 days ago

Using Print in Your Growth Marketing Strategy

Studies show that 70% of consumers feel more connected to brands that combine digital and…

3 weeks ago

Does Hyperpersonalized Marketing Work for Banks?

Have you ever opened an email or app notification from your bank and been amazed…

4 weeks ago

How Healthy is Your Direct Mail Program?

Warning Signs of Underperforming Direct Mail Campaigns: What to Look For Building a sustainable mail…

1 month ago