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Ideas/Section-9
Most of you may already
know this, but beginners don't - and they overlook this golden opportunity
that mail order offers them - co-op dealing!
Co-op is short for "cooperative."
That means that two people share in the cost and distribution of
a product or service. In other words, it's kind of like having a
"buy-one-get-one free" coupon for 2 hamburgers. You and
a friend will split the cost of 1 hamburger, giving you both a hamburger
for lunch. This way, you both saved 50% over the cost of buying
each one separately. This is one common example of co-op dealing
- and you can do the same thing in mail order.
Co-op dealing is very beneficial (and usually
safe) for everyone involved. One example of co-op dealing in mail
order is to send your 8 1/2" x 11" camera-ready circular
to a co-op printer and they'll print your ad on one side, their
ad on the back side and ship them back to you for a low cost of
around $10 per 1,000. You get your printing almost free and the
other dealer gets his or her flyers mailed on the back of yours
free.
But what do you do with them when they
are mailed back to you? If you're new to mail order it's doubtful
you have a mailing list to distribute them to. Plus, postage costs
alone would run you about $320.00 first-class. At this rate it would
have been cheaper to send the camera-ready to a tabloid or adsheet
publisher rather than by a co-op. But don't despair.
Simply have the printer ship your copies
to a co-op circular mailer instead of sending them to you. An excellent
mailer to TARGET your circular to the correct audience is PMG Publishing,
P.O. Box 3096, Hueytown, AL 35023. PMG charges only $.10 for each
pre-printed circular - which is mailed FIRST-CLASS in a professional
package with complementing circulars (no two alike in same mailing).
Compare this price to $.32 each to mail them yourself.
In addition, you benefit from the mailing
list of the circular mailer. If this particular mailer sells a mailing
list, having them do a 1,000 or 5,000 "test" mailing for
you would be a way to test their names. You should get a few responses
from a mailing of this size but it all depends on "what"
you are offering and the "price" you are offering it for.
It's very difficult to sell any item for more than $50 on an 8 1/2"
x 11" circular. For items costing more than $50, you need to
use the two-step approach. In other words, use the 8 1/2" x
11" circular to generate inquiries and follow-up with the complete
sales materials that constitute the higher price the customer may
decide to pay.
Another idea is that you could contact
a dealer with products and services not conflicting with your own
and ask them to co-op mail for you. In this deal, you would pay
for the 2-sided printing (with the mailer's ad on the back of yours)
and he/she would mail them for you free of charge. It works!
Another way to co-op deal in mail order
is by co-op advertising. Popular Advertiser is one example of a
co-op publication. You place your ad the first time through a dealer
and all future ads are 50% less. Then you have the option of mailing
pre-printed copies with your name in the publisher's block as an
authorized dealer.
Word of Caution: Using the co-op advertising
method is overall a very slow response time. Since a variety of
people are relied on to distribute copies - some do not mail them
within 30 days like you might think. Instead, many send copies over
a period of time. In fact, I have gotten responses to ads I placed
in co-op advertising publications up to 4 years later!
However, one good idea is to get on as
many "endless-type" adsheets as possible. One such advertiser
is Clip-N-Save, published by Graphico Publishing, P.O. Box 488,
Bluff City, TN 37618. You send 35 words and $5 for your ad to start
out in Position 1. Over a period of time - your ad will be rotated
through all 6 positions and you receive responses over a very long
period of time. When you get on an adsheet like this, be prepared
for responses to be received forever!
If you market the direct mail method, it's
a good idea to send a good circular you plan to keep around for
awhile to a mail order printer and have 1,000 printed on ONE SIDE.
Then, you can use the back of 100 or so for testing purposes of
other circulars. Run down to the copy shop and run the circulars
through the copier by printing on the back side. Only run 100 or
less and send them to the best names you can find or names generated
from your display advertising. If they pull orders, you may have
a winner and can have 1,000 printed. Nothing is more annoying than
being stuck with 1,000 circulars with something you want to mail
on one side and something outdated on the back. Happy money-saving!