May 2001
SUCCESSFUL E-MAIL NEWSLETTER ADS
If e-mail newsletter ads aren't already a key component of your marketing
mix, they should be. Practically nonexistent only two years ago,
newsletter sponsorships now offer technology companies the ability to
deliver a targeted message at a cost per lead that consistently outperforms
direct mail and even broadcast e-mail. Here are some tips for how to make
the most of your newsletter campaigns:
Plan Ahead. Ad space in many of the most popular tech-oriented
newsletters is booked up months in advance, which means no matter how fast
you can write ad copy, newsletter advertising is most effective when
planned at least three months ahead of when you want your ads to run.
Besides expanding your universe of available publications, advance planning
will also enable you to secure more of the coveted top positions in those
same newsletters.
Repeat Advertise. Whereas in e-mail, for example, we typically see
response drop off considerably when we broadcast the same message multiple
times to the same list, response to newsletter ads will often increase
after 2-3 insertions in the same publication. Though many newsletters can
generate good response on the very first insertion, one ad isn't usually
sufficient to properly evaluate a given publication. (On the other hand,
if you're convinced the newsletter is a perfect fit and there's only one
spot open, go for it.)
Consider Lower Positions. Top positions in newsletters generate the
highest response, and they're priced accordingly. We typically see a 40-50
percent drop-off in response for middle positions, and an even greater
decrease for bottom ("anchor") positions. When you factor in price,
however, middle positions can often be the most economical choice based on
cost per lead. (Also, by gunning for top positions exclusively, you may
lose out on opportunities to test promising newsletters at a lower cost.)
Because you can't select subscribers based on job title, company size,
household income and other selects common to other direct marketing media,
newsletters can be perceived as less targeted than e-mail and direct mail,
but they're an ideal vehicle for generating a consistent stream of leads
each and every month at a relatively low cost. In addition, the number of
special interest newsletters continues to increase exponentially, which
means that your ability to target a specific audience using newsletters can
only get easier. (Publishers are also starting to collect demographic
information on their subscribers, which helps advertisers determine the
best fit for their product or service.)
Thanks to Mark Wilson, Connect Direct Media Director, for his
assistance with this month's tip. For insight on the creative side
of newsletter advertising, see the article "Lifting
Response to E-Newsletter Ads" by Connect Direct's ace copywriter,
Michael Pendleton.