The One About Sequenced Mailing Strategies - I Love Marketing With Joe Polish And Dean Jackson - Episode #41

24 Oct 2011 · 61 min
Episode

24 Oct 2011 · 61 min

0:00

Joe Polish and Dean Jackson break down sequenced mailing strategies for collections and sales. They share three-step collection letter templates and reveal that roughly half of customers pay after the first friendly notice. One example: adding follow-up mailings to a Bill Phillips promotion turned a $2M campaign into an additional $3M in sales.

Questions this episode answers

October 24, 2011.

A three-step 'special piece of string' letter sequence (friendly first notice with string attached; second notice offering payment plan and colored string; third notice warning of collection agency if unpaid).

An additional $3 million in sales (beyond the initial $2 million from the first mailing).

About 15% buy within the first 90 days; roughly 50% buy within 18 months.

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