Drip Marketing
Drip marketing is a direct mail strategy that means you send out many direct mail pieces for weeks or months to a portion of your sales leads list.
The phrase “drip marketing” comes from a farming and gardening term called “drip irrigation.” When gardeners do drip irrigation, it means the gardener waters plants using small amounts of water over a period of time. Drip marketing is a deliberate and planned sequence of marketing messages set out over a set period of time.
What’s the need for drip marketing?
Well, it was created in response to the “Law of 29” which states that an average prospect won’t turn into a client until he or she has viewed a marketing message a minimum of 29 times. Not all marketers believe in this magic number, but all marketers agree that you need to stay in touch with prospects over a period of time to gain their business. Statistics show that between three and 30 repetitions are required for a message to be remembered.
What are the advantages?
You get a steady cash flow from a steady rush of business. By consistently sending out brochures, flyers, letters and other direct mail pieces, you end up getting new customers throughout the drip cycle, instead of all at once, like at Christmas.
You are always promoting a right time to buy. For realtors and other businesses, like car dealers, whose services or products are only purchased when it’s the right time for the consumer, drip marketing works well because it’s always the right time to buy. You build recognition and awareness over time, and when your product is needed, you’re there. Most people take a few months to buy a car, and they start to slowly pay more attention to car sales ads. Since car dealerships are always promoting their product, they’re ready for whoever is in the frame of mind to buy a car. They do this year round. Consider Toyota – the Prius is selling like crazy right now – there are actually wait lists to even buy one and to test drive one – but Toyota hasn’t pulled all their Prius ads. Not everyone has jumped on the Prius bandwagon, so they keep putting out Prius ads to catch the next wave of people who want it. When you use drip marketing, you’re riding the waves and you take the new customers as they come.
You’ll have a plan in place to follow that can be easily adjusted. By creating a plan, you’ll be consistent with your marketing. But, with drip marketing, it’s easy to change your plan depending on the results of your last mailing. You’ve already got the marketing materials printed, so just change which type of direct mail piece you’re going to send next.
What kinds of direct mail should you send?
Postcards
Newsletters
Sales Brochures
Flyers
Letters
Anything else that can be sent through the mail! (like free samples, for instance)
Your plan of action
Decide on what niche of your target market you want to send direct mail to
Develop your timing plan (how often you’ll send out your materials) in conjunction with what kinds of materials you’ll send out at which interval (postcards every two weeks? Brochures every other month?)
Execute the plan
Evaluate your results after each mailing, or after a few mailings (if postcards aren’t working and brochures are, alter your plan to send out more brochures)
Your drip marketing plan should be a way for you to foster relationships your current and potential customers. You can keep them updated on your products and services, and you’ll gain great memorability.
