January 2003
SELL THE OFFER, NOT THE PRODUCT
Over a year ago in this space, we offered advice on "5 Tips for
Success in a Slow Economy" (see: http://www.connectdirect.com/tips/hs200107.html).
Alas, given the continued doldrums in the business world, our
recommendations still apply today, but one tip in particular bears
repeating based on results of a recent test.
We've long counseled clients that when prospects aren't buying -
and to a lesser extent, even when they are - it's best to focus
a campaign not on the merits of your particular product or service,
but on the benefits of requesting and receiving the offer. As we
said back in 2001, "... take a more educational tone, focus on pain
points, and offer people free information on how to solve a problem
(coincidentally, the same problem your product will solve)."
The degree to which today's prospects are repelled by even the hint
of being sold a product was brought home in a recent e-mail broadcast
for a software client. In the campaign, we conducted a test of
headline copy (the first words the reader sees when he or she opens
the e-mail) that attempted to gauge how and if we might leverage
the client's considerable awareness and market reputation.
Roughly speaking (details have been changed), the two headlines
read:
A. Discover cost-effective network performance
B. Discover cost-effective network performance with (Company Name)
All other copy was identical. (We also tested list source, job
title, and subject line.) Across a variety of different lists,
Headline A generated over 90 percent higher response than
Headline B.
Had the client been an unknown entity with little or no market
awareness, the results might have been less surprising, but given
our client is the clear market and technology leader in its space,
and enjoys a good reputation amongst the IT community to whom the
campaign was aimed, the degree to which a simple mention of their
name deflated response was remarkable, to say the least.
What these results clearly show, however, is that in the current
buying climate, prospects shy away from anything they perceive as
a product pitch, and respond much more favorably to a more educational
or information-oriented message.