Howard
J. Sewell
Invitation Redesign
Leads to Seminar Success
(Software Developer & Publisher, March/April 1997)
Seminars are one of the most popular lead generation
vehicles for software companies. One proponent of the
seminar strategy is Asymetrix Corporation of Bellevue,
Washington, a leading provider of learning, decision
support and multimedia authoring tools for Microsoft
Windows.
In the Fall of 1995, the company launched a seminar
series targeting corporate training managers, HR managers
and CBT (Computer Based Training) developers. Each seminar
was a half-day event that discussed techniques for incorporating
multimedia into CBT applications, and also included
a demonstration of the company's new ToolBook® 3.0
product, a desktop tool for developing and deploying
multimedia and learning applications.
In an attempt to attract more qualified attendees and
to better cover the cost of the seminar, the company
elected to charge a registration fee of $95. Attendees
received a copy of the ToolBook product (a $175 value),
a "how to" booklet on multimedia, and a free copy of
CBT Solutions magazine.
To promote the series, Asymetrix used in-house creative
resources to develop a simple, two-color, tri-fold self-mailer
which was then sent to over 30,000 customers (people
who had bought previous versions of the ToolBook product)
and prospects in 24 U.S. and Canadian cities.
Results were disappointing. Response averaged only 0.5
percent, and a large percentage of the attendees were
already Asymetrix customers. Even though the seminars
resulted in a significant amount of upgrade revenue,
it did little to attract the new business that was the
main objective of the program.
In May 1996, Asymetrix hired our firm, Connect Direct,
and asked us to propose an alternative strategy. After
some initial consultation and analysis of the first
campaign, we made the following recommendations:
1. Change the seminar from paid admission to a free
event.
2. Rewrite and redesign the invitation, changing the
format to a personalized letter package including a
two-page cover letter, four-color brochure and business
reply card.
Although we could appreciate the client's wish to defray
expenses by charging for the seminar, we knew that a
free event would generate a much higher response. We
also were confident that the additional revenue generated
from follow-on sales would outweigh the loss in registration
fees.
The recommendation of the new, letter-style format was
based on experience with campaigns for other software
clients. Self-mailers can be a lot less expensive to
produce, but in tests we've conducted, letter packages
consistently generate at least fifty percent higher
response. When targeting a corporate audience, we believe
that letter packages tend to make it through the mail
room more successfully, and that their personal, narrative
tone makes for a more compelling message.
The letter, brochure and reply card combination also
gave us more "real estate" in which to describe the
event. We felt this was critical to the success of the
program, because when you're asking someone with little
free time to spend half a day (or more) in a hotel,
you need to present sufficient incentive to justify
them investing four hours in your presentation.
In addition to a comprehensive agenda, the new seminar
invitation also offered clear, concise business benefits
("Learn how to cut training costs dramatically ...")
and also described three free "gifts" for attending - the multimedia "how to" guide, a free copy of 3D
F/X (a Windows tool from Asymetrix used to create 3-D
images and animations), and a 50 percent "savings certificate"
good towards on-site purchase of any ToolBook product.
The new seminar invitation mailed in June, in staggered
drops totaling over 75,000 pieces, targeting prospects
in twelve cities across the U.S. and Canada. Names came
from a variety of rented lists including magazine subscribers,
seminar attendees, and people who had purchased other
CBT-related products.
Results were spectacular. Response rates averaged over
four percent (eight times the previous response), with
"standing room only" at a number of sites. (This caused
some logistical problems, as Asymetrix was forced to
scramble and book larger hotel rooms.) A significant
number of attendees took advantage of their 50 percent
"savings certificate," which meant revenue impact was
immediate. In addition, the Asymetrix telesales force
was able to close significant business by following
up with attendees by telephone after each event.
"One
of the keys to our success was prompt follow-up via
telephone with everyone who attended the seminar," reports
Terry Miller, Asymetrix' Vice-President of Direct Sales.
"Also we made the decision early on to extend the 50
percent savings offer for a period of two weeks after
each event. In addition to single unit sales, we also
secured some major product purchases and consulting
contracts, some as large as $100,000, that we can attribute
directly to leads that were generated by the seminar
campaign."
"Connect
Direct's seminar strategy was right on target," adds
Frank Coyle, Marketing Director for ToolBook products.
"The events were successful both financially and from
a lead generating perspective. Within the first 60 days,
revenues were almost double our investment in the seminars.
As a result, seminars are now an integral part of our
marketing mix."