B2B Direct Mail Marketing Guide | Taradel
The Ultimate Guide to B2B Direct Mail Marketing
B2B direct mail marketing plays a significant role in many business marketing strategies. Direct mail marketing as a whole is an exceptionally useful tool, and it has been proven to significantly improve any marketing campaign.
However, as with any marketing strategy or device, B2B direct mail marketing is only effective if you know what to do and what to avoid. This guide will help you understand the different B2B direct mail strategies while also teaching you what it is and how to plan a successful campaign.
Understanding B2B Direct Mail Marketing
Before you can create a plan for successful B2B Direct mail marketing, you need to answer the question, "What is B2B Direct Mail Marketing?"
In simple terms, B2B direct mail marketing is a type of strategic marketing approach where businesses use physical promotional materials to target other businesses. Some types of promotional materials suitable for this marketing approach include the following:
- Letters
- Postcards
- Brochures
- Packages
Why Use B2B Direct Mail Marketing?
The purpose of this type of direct mail marketing is to establish relationships and partnerships with other businesses. It can also be used to nurture and maintain existing relationships between businesses.
How does it accomplish this? Some of the wonderful services that B2B direct mail helps to accomplish include generating leads and driving sales.
But why is B2B direct mail marketing so effective? Thanks to the physical nature of the marketing materials, recipients may find that the materials are more tangible and have a more personalized feel to them.
Here are a few useful statistics that may help you see why direct mail marketing is an ideal solution for your next campaign:
- Direct mail has the best ROI, response rate, and conversion rates of any channel, according to 74% of marketers. Comperemedia (2023)
- When direct mail was used in marketing initiatives, respondents reported an 18% higher ROI. Marketing Charts (2020)
- Consumers believe direct mail is 11% more personable, 17% more likely to grab their attention, and 17% more trustworthy than brand emails. RRD (2023)
- Direct mail, according to 73% of marketers, will either be more important in 2023 than it was in 2022 or will remain at the same level of importance. RRD (2023)
Preparing for a Successful B2B Direct Mail Campaign
So, what are the keys to creating a successful B2B direct mail campaign?
There are a few steps you can take to ensure that you have the best and most successful possible B2B Direct Mail campaign. Below, we'll detail our step-by-step guide to preparing for your number-one ranking Direct Mail campaign.
Define Your Target Audience and Objectives
Before you can run a successful B2B Direct Mail marketing campaign, you need to fully understand what you hope to accomplish with the campaign as well as your target audience. Here are the top three steps you can take during this part of the process to ensure that you have all the information you need.
- Step 1: Research and identify your ideal B2B audience
- During this phase, it's essential to analyze your existing customer base and target Industries. Doing so will help you to determine precisely the types of businesses and businesspeople that generally take an interest in your product or service.
- Pay special attention to factors like:
- Company size
- Industry
- Job title
- Pain points
- Step 2: Develop buyer personas
- Once you have ascertained your target market and intended customer base, you're ready to start creating buyer personas. During this phase, you should create detailed profiles of the decision-makers and influencers that you're targeting within your intended industry.
- While creating the personas, ensure that you understand the challenges, goals, and preferences of the individuals in question.
- Step 3: Set clear objectives for your campaign
- Of course, no planning phase of any type of project would be complete without setting clear objectives as to what you wish to accomplish with the project. In terms of your B2B Direct Mail marketing campaign, your objectives may include lead generation, brand awareness, or even product launch support.
- When setting objectives, ensure that they align with your broader goals as a business.
Sourcing and Segmenting Data
Even with the very best list of buyer personas and intended goals, your B2B Direct Mail marketing campaign is going nowhere if you don't have data about the people you wish to target.
- Step 1: Source high-quality data
- Before launching your campaign, use reputable data providers to gain accurate and current contact information for people in your target sphere of business.
- When you are acquiring data, ensure that you adhere to the relevant data protection regulations so that you won't get into legal trouble later on.
- Step 2: Segment your mailing list
- If you want to make your B2B Direct Mail marketing campaign as successful as possible, you need to segment your contact data into separate mailing lists. Doing so will allow you to target individual decision-makers based on their potential pain points, goals, and other criteria.
- Some ways you might want to segment or group your recipients include:
- Which industry they're in
- The size of the company or
- Their job role
- Once you've completely divided your mailing list into several smaller mailing lists, write personalized campaign messages for each of your smaller lists. This approach will ensure that you directly impact more people than if you were to create one bumper campaign for all the people on the full mailing list.
Craft a Compelling Value Proposition
At this point, you're ready to create a compelling proposition that expands your company's value and what your service or product can do for your target market.
- Step 1: Identify and highlight what makes your product or service unique in the B2B Marketplace. Place special emphasis on the advantages and benefits that you can offer to your target market.
- Step 2: Create a concise and impactful statement conveying your value to your potential clients. It should highlight not only the benefits of using your product or service but also how using your products can solve your target market's problems.
Budget Allocation and Resource Planning
The final stage of preparing for a B2B Direct Mail marketing campaign is the practical side of defining the budget and planning resources.
- Step 1: Determine and define your budget
- As with any project, you need to understand and define the costs involved with this type of campaign and allocate financial resources to cover them.
- Ensure that you plan a budget that will be profitable if your campaign objectives are met.
- Step 2: Allocate time and resources to the campaign
- After planning the budget, ensure that you allocate resources in the form of personnel for accomplishing all the different tasks involved.
- You also need to establish a campaign timeline, paying special attention to different tasks that make up the whole of the campaign.
- Step 3: Consider the needs of the campaign in terms of both creation and production
- Once you've prepared for and established all of the necessary planning in terms of budget and resources, you're ready to start deciding about the format and design of your campaign.
- Step 4: Campaign review and approval
- The final task of preparing your campaign is establishing a review and approval process for all of the campaign materials. Ensure that the messaging and branding of all the materials are consistent and accurate.
If you've reached the end of this list, congratulations, you're ready to launch your B2B Direct Mail marketing campaign.
How to Use a B2B Direct Mail Marketing Funnel Effectively
B2B Direct Mail marketing campaigns can be effective in any part of the customer lifecycle. Below, we'll take a look at how you can use these types of campaigns effectively in various parts of the sales funnel.
B2B Marketing at the Top of the Funnel
Before we dive into the details of how a B2B Direct Mail marketing campaign can help your top-of-funnel activities, let's define this part of the process. Essentially, the top of the funnel is where you encounter the largest possible target audience in the entire marketing process.
You are, at this stage, reaching out to potential clients who may be interested in purchasing your products (or using your services) at some point in the future. They aren't anywhere near the point of making a purchasing decision.
So, how do you use B2B direct mail marketing successfully in this stage of marketing? The key is personalization. Making each client feel like they are the sole focus of your marketing campaign. Handwritten notes (perhaps combined with brochures) are a good way of doing this and will provide the perfect introduction for a digital follow-up via email or text message.
B2B Marketing in the Middle of the Funnel
Once you've made contact with your targeted accounts, you've reached the middle of the funnel. At this point, potential customers may be aware of you, but they still don't know why they should invest time or money into your business specifically.
Mid-funnel, your target audience is usually actively involved in seeking a solution for its problems. B2B direct mail marketing campaigns are an excellent way to differentiate yourself from similar companies. One way of doing this is by sending out gifts or exclusive promotions to any targeted accounts that interact with your company.
B2B Marketing at the Bottom of the Funnel
When you reach the bottom of the funnel, you've managed to accomplish the smallest possible target audience for your campaign. At this point, they typically know who you are and what you can offer them. However, they may still require some motivation to actually make a purchase.
Both your existing clients and clients who are ready to use your services but require some motivation fall into this category.
The best way to use B2B direct mail marketing at this stage is to continuously send small gifts and mail items. Doing so will help to ensure that you're consistently within your client's thought process. This may also be a good time to send out coupons and vouchers to encourage clients to make the leap.
Conclusion
B2B direct mail marketing is an ideal tool in your marketing arsenal. A well-planned campaign can tip the odds in your favor, accomplishing everything from raising brand awareness to helping clients understand your products and services.
With a strategic campaign, including buyer personas and an understanding of your target market's needs, you can easily bring in more business through B2B direct mail. The key is that physical mail creates a tangible link, making clients feel special and even opening the door for other kinds of marketing.
Now that you understand the benefits and process of planning a B2B direct mail campaign, we hope you're ready to take the plunge and turn your sales funnel into a range of profitable business alliances.