Imagine if just 3 new birthday customers visited your business per day, and
brought $20 in added business with them. What would that do for your business?
You'd have $1,500 per month (or $18,000 per year) in new revenue as a result.
#1 - A TYPICAL COUPON |
#2 - A MUCH BETTER APPROACH |
A. Media → | Mailer | Text |
---|---|---|
B. Circulation / Distribution | 45,000 | 1,500 |
C. Cost of media | $600.00 | $150.00 |
D. Cost to reach prospect (C÷B) | 1.33¢ | 10.00¢ |
E. Responses | 125 | 125 |
F. Cost per Response (C÷E) | $4.80 | $1.20 |
G. Response Rate (E÷B) | 0.28% | 8.33% |
H. Which gets better results? | - | 30.00 x Better |
I. Target Market | Suspects | Customers |
Option 1: Mass MailerIn this case, the mass mailer is “marriage” mail - something similar to Valpak or Money Mailer. Depending on the location in the country, you can reach 45,000 for about $600.00. In other words, the cost to reach each house is about 1.3¢ each. Let's say you send a Valpak coupon and 125 responded - a 0.28% response or one quarter of one percent. Not bad, actually for a mass mailer that's not specifically targeted to a particular segment or group. (By the way, the response of any media, of course, depends on your offer and the media. There is no "standard" response rate... there's just historical data that might help you make an educated guess.) To get 125 people to respond, it cost $4.80 per response ($600.00/125=$4.80). Most of the people who respond are suspects. And most of the people were not expecting or "opting-in" to receive Valpak. And to many people, any kind of unsolicited mail is considered junk mail. |
Option 2: Text MessagingIn this example, you texted 1,500 people who joined your birthday club. I realize that 1,500 is far less than 45,000 but do the math and imagine what would happen if you could text a larger number of people. All 1,500 people opted-in or in other words, each of them specifically asked to receive messages and offers from your company. I'm sure you can do better than an 8.33% response rate because I've seen it first hand... but for the sake of argument, let's just say that 125 out of 1,500 responded. Look at the numbers compared to sending out a mass mailer:
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Bottom line:
Costs are lower and responses are higher when you have
BDAY CLUB IS...Hands-Free.Your guests, not you or your employees, enter their information into the birthday club. Easy!Automatic.Your guests receive a text on their birthday inviting them into your restaurant for your offer.Affordable.{{--Your out-of-pocket costs start at just $49.00 per month.--}} Our “hands-free” birthday club is always included with your subscription.100% Opt-in.Your guests, not you, choose to join the club. How many other advertising mediums are 100% opt in. None!Simple.You hand every guest a sign up card and they enter their information. You don't have to do any work.Fast.Your guests just text BDAY to your text line (in your area code) and we prompt them via text what to do next. |
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GIVE IT A TRY...
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Monthly Subscription Plans & Pricing
Give this card (with your info) to EVERY guest who visits your restaurant
YOUR RESTAURANT LOGO
Join our FREE Birthday Club!
Every year, on your birthday, we will send SEE BACK FOR INSTRUCTIONS |
How to get your free birthday meal...
Your birthday text is good for one free meal. Show us the text and enjoy your free meal. Happy birthday in advance!
Do you own a restaurant or small business? |
Writing Powerful MessagesThe secret to crafting an effective message in 160 characters or less, and why less is usually more. When to Send MessagesKnowing when to send a text could be the difference between success or failure. Why Coupons Are DeadThe inside scoop on why most coupons fall flat on their face, and what you can do about it. |
Getting Results FastHow to guarantee a steady flow of customers day-after-day, week-after-week... all on auto-pilot. Articulating ValueThe 2 things your prospects absolutely have to hear to equate value with your product or service. Boosting Your ReputationWhy your reputation determines referability and how to manage this most valuable asset. |