Copy: how
to sell harder; Boost
response ten times with a fresh approach;Change
your promotion to identify new demand;Seven-point
bench-test to see where your promotion is under-achieving; What kind
of uplift should an incentive bring? Why
marketing should guide editorial; How to
deal with a negative audience;How you
can reduce consumer resistance, avoid blocking out potential buyers; The six
big advantages of telephone orders
Dear
Colleague,
Whatever
they want, sell it to them.
In this issue of Subscriptions Strategy we
investigate how a huge organisation with 500,000 subscribers reversed a 10-year
decline by discovering what people want.
The new message in the promotions we show in
this issue pulled in 10 times more response than the ones it replaced. Think
about that when deciding if you have the budget for testing new copy.
The lesson is clear. If you are not testing
new approaches – headlines, copy, offer, content, methods of delivery etc – you
will end up with a declining market share. In the case of Which? the
loss came to around £11.25 million.
Save time, trouble and money
Which? is a valuable product, worth
around £48 million revenue a year.
Which? is also useful to the consumer.
By simply following the Which? ‘best buy’ tables a subscriber will save
a great deal of time, trouble and money – there is no need to spend hours
hunting around shops and Internet sites.
To most, that truth appears evident. As there
is little or no chance of finding any independent advice in a shop or website,
the idea behind independent consumer reviews should be convincing.
Unfortunately, the direct marketing was
failing to sell the product.
Was it the marketing or the product that was
at fault? It turns out both needed a make-over. But as we explain, it was the
marketing that revealed the problem.
Read on to find out how Which? lost
£11.25 million, slowly realised what was happening and took successful remedial
action.
Peter
Hobday
>>> members-only section Subscriptions Strategy issue 70