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ART m EmpowEr Your Sales Consultants through E-NEwslEttEr ... · tapped, and why direct selling has...

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Direct Selling News | April 200 WORKING SMART I f you’re looking to boost the performance of your sales consultants, you should think about giving e-newsletter marketing a try. E-newsletters are an exciting new e-marketing platform that enables direct selling companies like yours to reinforce the corporate brand while exposing to you the valuable demographic and behavioral information in your subscriber database. By helping you communicate more effectively at multiple tiers—both corporate-to-consultant and consultant-to-customer—e-newsletters build stronger relationships across your network and drive higher sales performances. The direct selling industry relies heavily on building and maintaining strong personal relationships. The e-communications revolution has provided exciting new opportunities—like e-newsletter marketing—for fostering these relationships. Keep in mind, however, that all e-newsletter services are not the same. In fact, while some are designed specifically for direct sellers focused on the party plan selling model, most are not. If you know what to look for, you can choose the best e-newsletter service for your company. An e-newsletter service should enable direct selling companies to communicate with their consultants on an ongoing basis, keeping them up to date regarding new products, promotions, sales incentives and selling techniques. Consultants who are better informed about the products they’re selling are better prepared to represent your corporate brand and are more driven to move your product. At the same time, your e-newsletter service should also keep sales consultants connected with their network each month. The best e-newsletter service providers enable you to send each customer a personalized e-mail communication, on behalf of your consultants, that provides product highlights and engaging lifestyle content created specifically for your company’s target market. Unlike untargeted mass e-mails, personalized e-newsletters enjoy remarkably high open rates—often exceeding 40 percent. Because the more sophisticated e-newsletters let you supplement product information with interesting and relevant lifestyle content, customers look forward to receiving EMPOWER Your Sales Consultants through E-NEWSLETTER MARKETING by David Fish continued on page 5
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I fyou’relookingtoboosttheperformanceofyoursalesconsultants,youshouldthinkaboutgivinge-newsletter

marketingatry.E-newslettersareanexcitingnewe-marketingplatformthatenablesdirectsellingcompanieslikeyourstoreinforcethecorporatebrandwhileexposingtoyouthevaluabledemographicandbehavioralinformationinyoursubscriberdatabase.Byhelpingyoucommunicatemoreeffectivelyatmultipletiers—bothcorporate-to-consultantandconsultant-to-customer—e-newslettersbuildstrongerrelationshipsacrossyournetworkanddrivehighersalesperformances.

Thedirectsellingindustryreliesheavilyonbuildingandmaintainingstrongpersonalrelationships.Thee-communicationsrevolutionhasprovidedexcitingnewopportunities—likee-newslettermarketing—forfosteringtheserelationships.Keepinmind,however,thatalle-newsletterservicesarenotthesame.Infact,whilesomearedesignedspecificallyfordirectsellersfocusedonthepartyplansellingmodel,mostarenot.Ifyouknowwhattolookfor,youcanchoosethebeste-newsletterserviceforyourcompany.

Ane-newsletterserviceshouldenabledirectsellingcompaniestocommunicatewiththeirconsultantsonanongoingbasis,keepingthemuptodateregardingnewproducts,promotions,salesincentivesandsellingtechniques.Consultantswhoarebetterinformedabouttheproductsthey’resellingarebetterpreparedtorepresentyourcorporatebrandandaremoredriventomoveyourproduct.

Atthesametime,youre-newsletterserviceshouldalsokeepsalesconsultantsconnectedwiththeirnetworkeachmonth.Thebeste-newsletterserviceprovidersenableyoutosendeachcustomerapersonalizede-mailcommunication,onbehalfofyourconsultants,thatprovidesproducthighlightsandengaginglifestylecontentcreatedspecificallyforyourcompany’stargetmarket.

Unlikeuntargetedmasse-mails,personalizede-newslettersenjoyremarkablyhighopenrates—oftenexceeding40percent.Becausethemoresophisticatede-newslettersletyousupplementproductinformationwithinterestingandrelevantlifestylecontent,customerslookforwardtoreceiving

EmpowEr Your Sales Consultants through E-NEwslEttEr markEtiNg

by David Fish

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�� Direct Selling News | April 200�

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Why Over 175,000 People Per Week Are Starting A Direct Selling Business!Fortune magazine, billionaire investor Warren Buffet, British Prime Minister Tony Blair, Dr. Stephen Covey and others weigh in on the $100 billion direct selling industry. Prospects discover that only 1% of this industry’s potential has been tapped, and why direct selling has been called a “recession-proof” business opportunity.

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themeachmonth,andinmanycases,openandreadthemrightaway.Insteadofsimplybombardingrecipientswithpromotions,well-conceivede-newslettersbalanceproductarticleswithengagingcontent—recipes,fashionandbeautytips,entertainmentnews,parentingadvice,decoratingfeaturesorwhatevermayappealtothetargetmarket—tohookreadersandkeepthemcomingbackformore.

Beforesigningup,checktoseeifane-newsletterserviceprovidesreportingbasedoneachreader’sinteractionwiththee-newsletter.Thesereportshelpdirectsellingcompaniesunderstandwhicharticlesandproductfeaturesmostinterestyourrecipients,allowingyoutoplanfuturecontentaccordingly.Theyalsohelpyouidentifyreadershiptrendsrelatedtoe-newslettersendschedules.“Wehavelearnedtosende-newslettersclosetotheweekend,whenourcustomershavemoretimetoreadthem,”notedamanagerataleadingdirectsellingcompany.“That’swhentheywillopenthemalmostinstantly.Wealsoe-mailthemtowardtheendofthemonth,whenincentivesforcustomerstohosteventsaremosteffective.”

Ifane-newsletterservicesupportsthislevelofclosedloopfeedback,you’llbeabletoimplementimprovementstoyoure-communicationsmonthaftermonth.Asaresult,you’lllikelyincreaseyoure-newsletterreadershipwitheachsend.Infact,thebeste-newslettersexperienceextremelylowopt-outrates—ofteninthelowsingledigits.

Salesconsultantsreadilyembracee-newslettermarketingbecauseitmakestheirjobssomucheasier.Onbehalfofthedirectseller,thee-newsletterserviceproviderautomaticallysendsoutane-newslettertoeachsalesconsultant’scontactlisteachmonth.Somee-newsletterservicespersonalizeeache-mailwiththelocalsalesconsultant’sphotoandcontactinformation.Personalizationmakesthee-newsletterappearasifitweresentdirectlyfromthesalesconsultant,reinforcingtheperson-to-personrelationshipsthataresocriticaltosuccessfuldirectselling.

Whenitcomestoe-newsletters,however,whatsalesconsultantsvaluemostisthereporting.Thebeste-newsletterservicescaptureinformationabouthoweachrecipientinteractswiththee-newsletter.Theinformationiscompiled

intoareportthatisautomaticallysenttoeachconsultant.It’shelpfultosendconsultantsreportsatstaggeredintervals—perhaps24hours,threedays,andoneweekaftereache-newslettersend—sotheycanbeginimmediatefollow-up.Makesureyourconsultantscanreceivereportsthatshowwhoopenedandreadthee-newsletter,whoisinterestedinhostessspecials,whoisinterestedincareeropportunities,andwhatspecificcontentwasclickedbywhom.Thiskindofdetailwillhelpyourconsultantstostreamlinetheircalltargetingefforts.

Becausesalesconsultantsoftenhavelimitedtimeforphoneoutreach,theycanusee-newsletterreportstofocuscallsonthosecontactswhodemonstratedinterestinhostingapartyorbecomingaconsultant.Reportsthatincludecustomerphonenumbersande-mailaddressesalongwiththedetailsoftheire-newsletterinteractionsmakeiteasyforthesalesconsultanttofollowupwithacallorane-mail.Whilecold

callingcanbedifficultforsomeconsultants,thesereportsmakeitmucheasierforthemtospringintoaction.Mentioningthee-newsletterhelpstobreaktheiceandprovidesagracefullead-in.It’smuchmorenatural—andlessintimidating—tobegin

afollow-upconversationwith,“Ellen,didyoureceivethismonth’se-newsletter?”thanitis

tojumprightinwitharequesttohostaparty.

Similarly,knowledgeofspecificclick-throughactivityprovidescontextfor

guidingtheconversation.IfEllenclickedonthismonth’shostess

specialslink,theconsultantcouldcontinue,“WhenIsaw

thehostessspecialsthismonth,Ithoughtofyou.”

Thisapproachcreatesapersonalconnectionwiththecustomer,whilegentlyintroducing

theideaofhostingaparty.Armedwithvaluableinsightinto

customerinterests,consultantsfindsalescallstobelessofahurdle,andcanoftensecuremorebookingsand

sponsorsoverthephone.“Coldcallsaretoughformanyconsultants,butinsight

gainedfrome-newsletterdatacanmakecallingmorenatural,”saidamanagementteammemberatonedirectsellingcompany.“Forinstance,ifaconsultantknowsthatacustomerhasreadanarticleonguestspecials,theconsultantmightleveragethatknowledgetopersuadethecustomertobookashowandencouragehergueststocometotakeadvantageoftheguestspecial.”

What’smore,ifthee-newsletterispersonalizedwiththeconsultant’sphonenumberande-mailaddress,itoftendrivesproductordersaswellasofferstohostaparty…withnofollow-upwhatsoeverrequired.

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Effectivee-newsletterspayforthemselvesmanytimesover.Somedirectsellingcompaniespayforthee-newsletterserviceatthecorporatelevel.Becausee-newslettersprovideexcellentrecruitingtoolsandcalltargetingreportsthatmakeconsultantsmoreeffective,thecompaniesinevitablyrecoupassociatedexpensesthroughincreasedsales.Othercompaniespassthemonthlyfeealongtoconsultants,mostofwhomaremorethanwillingtoassumethecost—especiallywhentheyseehowe-newsletterscanhelpthembookparties,recruitsponsorsandmoveproduct.

Thebeste-newslettersnotonlyhelpconsultantsbuildtheirbusiness,theyalsogivedirectsellingcompaniesmorecontrolovertheirbrandandmessaging.Witheachindividualconsultantcreatinghisorherowne-mailcommunicationstocustomers,it’svirtuallyimpossibletoenforcemessageconsistencyorprotectbrandintegrity.Byusingaserviceproviderforsendingoutpersonalizede-newslettersthatareprofessionallywrittenanddesigned,directsellingcompaniescancontrolcommunicationsacrosstheentirenetwork.Allcontactsreceivethesameinformation,inaformatthatreinforcesthecorporatebrand.Inaddition,themostreputablee-newsletterserviceproviderscontrolthee-mailsystemandprocessestoensurethatconsultantsdonotviolateCAN-SPAMpolicies,childprotectionlawsorprivacylawsundertheauspicesofthedirectsellingcompany’sbrand.

Throughe-newsletteranalytics,directsellingcompaniescanmonitorcustomerresponsestolearnwhichproductsattractthemostinterest.Whenevaluatingane-newsletterservice,checkwhetheritallowsyoutoconductcomparativeanalysisbothover

timeandacrossoffersassociatedwithe-newslettercontent.Theseanalysesenablecompaniestodetermine,forexample,whichproductspullbestinthesummermonthsorwhichpromotionsweremosteffectiveduringaholidayseason.Companiescanthenusethisinformationtoplanfuturepromotions,drivedevelopmentofnewproducts,andenhanceforecastingtominimizebackorderedorsold-outsituations.

Intheworldofdirectselling,relationshipsareeverything,andforbuildingstrongerrelationshipsacrossyourentirenetwork—company,consultantsandcustomers—nothingbeatse-newslettermarketing.However,youhavetochoosetherighte-newsletterserviceplatformtoreapallthebenefitsthismarketingmediumhastooffer.Withtherightserviceinplace,e-newslettermarketingcanyielddramaticresultsforyourbusiness.

Amanageratonedirectsellingcompanysummedupthevalueofe-newslettersthisway:“Thankstooure-newsletter,wenowhaveahighlypersonalizedrelationshipwitheverycustomerandprospect,leadingtogreaterbrandawarenessandloyalty.”Withthatkindofendorsementfromearlyadopters,e-newslettersarepositionedtobecomethenextbigthingine-marketingfortoday’sleadingdirectsellingcompanies.

David Fish is CEO of IMN, Waltham, Mass., a leading e-communications service provider. IMN offers IMN Party Pulse™, an e-newsletter and e-mail service for direct selling and network marketing companies and their sales consultants. Please

contact David at [email protected] or visit www.imnpartypulse.com.

800.891.8601

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