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Staying Power?

In the printing and publishing industry we talk alot about whether magazines and the like will be sticking around, and if so, at what capacity? I truly believe the honest answer to this is that there are so many different mediums now days that the consumers can choose to interact with your publication/message, that  it is bound to shrink. With that said, I do believe that printing is not going anywhere, and in fact will become more specialized, meaning higher quality products will be a must in the near future in order to compete.

With that said, one printed product that I truly believe is not going anywhere, and in fact will grow, are marketing collateral products. (ie literature, brochures, catalogs, postcards, direct mailers, and the like).

“Yeah right Noah, I can create a Facebook page, LinkedIn page, Twitter Page, to market my business and not have to pay a thing!” Ok their guy, take a look at this years sales amount and compare it to last years when you abandoned printing all together..what did it cost you?

Here is why I believe this:

1.

I was watching a news cast the other night, I can’t remember if it was 60 Minutes or something else. They were doing a feature on people ordering products online, thinking it was the authentic product, but when the product came to their house, it was a fake. They were using Rosetta Stone as an example, and spot lighted several people that thought they were ordering the authentic Rosetta Stone software to only find out they were duped.

The news cast then went on to interview the CEO of Rosetta Stone, and he showed the news anchor 100’s of different websites using the Rosetta Stone name, and some even using his image on their website. How the heck would a consumer know the difference? They wouldn’t, even the CEO himself admitted that. So my point, where is the credibility and trust? Print is still the most credible marketing/advertising vehicle out there, and think about how that plays back to your brand……

2.

It has staying power. If I see something online that I like, the chances of me finding it next week when I am ready to purchase it seem to be slim. If I want to find out more about you next week I don’t want to jump on my computer to read about you, I want to lay on my couch and hold a physical printed product in my hands that allows me to see what you do. If I am interested, then I will jump on the internet and find out more about you! If I am not ready to partake in what you have to offer, I will hold on to it. Chances are, within the next several months, your catalog, brochure, etc will catch my eye as it sits on my counter top and I will be interested as I am now ready.

3.

People love to receive things. I have to admit this, and you can try to deny it all you want, but you know it’s true! When I receive a message in my email box trying to solicit me something, the first thing I do is “delete”. However, when I receive something in my mail box at home, I can’t get rid of it even if I wanted to!

My son Owyn (4 years old) loves to get the mail, in fact he calls it “his job”. The bills and letters come to me, the solicitations he waits patiently for as I hand them to him. He loves mail, doesn’t matter what it is, it makes him feel special like someone is writing to him. I found myself the other day going through his shoe box of stashed mail, and there were actually really great offers that I am now researching and willing to find out more about. I then realized, I too love to get mail!! (Trust me, this isn’t a shameless plug for the USPS, I don’t have alot of love for them, they need to get their act together, but the fact remains, everyone likes to receive something!

I chose the image I did of the baby, because it goes to show you how many businesses are out their fighting for your attention, and that isn’t even the tip of the iceberg. The image has staying power, images in print have even more staying power, and credibility. Don’t take my word for it, just turn on the news!

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February 26, 2012 Posted by | Books, Catalogs, Mailing, Printing, Publishing, Relationships, Social Media | , , , , , , , , , , , , | 1 Comment

The Wonderful World of Catalogs!

“Honey, have you seen the IKEA catalog? I swear I left it right there on the coffee table” my wife said with her finger extended towards the table sitting in the middle of the room. Fighting back my dimples from showing (she knows I am fibbing when my dimples show) “No honey, I haven’t seen it.”

She walked out of the room, I thought I had finally won! I threw that catalog away, and wasn’t about to tell her! For the past few weeks, new items have been showing up at our doorstep, and from where?, you guessed it, from IKEA! It’s not that we don’t need these things, we do, especially with a newborn on the way, but I was just afraid this would continue to happen once we had all the things we needed.

“Oh well” my wife said as she walked back into the room, “I found this Target catalog I got last month.”

I am thinking many of you can relate to this! 🙂 So what’s the point?

Recently I have taken on a massive research of catalogs. The main point of this is to see how many are now PDF or digital only. All in all, I went through about 1,500 company websites that either print a catalog, or had printed a catalog and now only have a digital version. Of those I went through, about 15% were now digital,and typically only a PDF was posted on the websites. I was surprised by this information, but I also understood it. (Disclaimer, the above percentage may not represent all catalogs throughout the entire market, this is only my own research). By saying I understand these results, what I mean is I understand increasing paper and postage costs, as well as the overhead and time involved with printing and mailing catalogs has.

However, I have come across several sources showing that a printed catalog not only increases your sales, it also increases traffic to your website. Some sources have sighted an increase of 84% all the way up to as much as a double in your profits, so although there are some mixed messages, the fact is that it is proven to increase profitability and here is why:

  • Longevity- If you noticed, I had mentioned my wife found a catalog she got from Target a month ago. Just because we don’t order something right away, doesn’t mean we are never going to order something. Having the catalog on hand allowed us to pick what we wanted when we wanted.
  • Increase Brand Awareness- By receiving your catalog, if you were to call me, send me a piece of direct mail, or if I come across your store, the chances of me opening your mail, taking your call, or stopping in your store would be much higher because I already know who you are.
  • Convenient- I no longer have to call your toll-free number or get up and get on the internet to order your products out of a catalog. Make it easy for me, put a QR code on your catalog so I scan it with my phone and I can order the product from the convenience of my couch or while I am waiting for my flight in the airport.
  • Tier your mailings- Here is a cost savings tip. Instead of holding the inventory which takes up storage, and then mailing each catalog as a new mail order comes in tier them. Let’s say you print 45,000 catalogs, then do three mailings per year or whatever your heart desires. Why? We at JB Kenehan have storage space to hold these for you, in addition, we can handle each tiered mailing for you so it isn’t taking up time out of your day.
  • Pass Along Rates- Printed pieces have a valuable function, they have pass along rates. So although you may send your catalog to my household, my mother is at our house at least once a week (seriously, ask my wife!) and she too looks at our catalogs. I know this isn’t unique only to our household.
  • Less Cluttered- While going through a digital catalog or PDF, I couldn’t help but to feel overwhelmed with all the information. It seemed very cluttered, while in a printed catalog I can easily find what I am looking for.
  • Get me Excited!- Throw in a tag or augmented reality code next to some of the products that I can scan with my smart phone. If you are an outdoors retailer, put a tag next to a tent and show me the easiest way to set the tent up so I feel more comfortable purchasing it (because you are making me look like a rockstar and manly man in front of my family!). If I am looking through a food catalog, take me to a video of how I can use the product in recipes etc…the ideas are endless!

Now I am not saying abandon your digital reproduction of your catalog, but what I am saying is, do not abandon your printed catalog. Although it hurts me to say that (well it hurts the pocket-book anyway) whether it is a B2B or B2C, whether you are a major brand or a less known brand, a printed catalog will only increase your profitability and awareness.

April 2, 2011 Posted by | Catalogs, Mailing, Printing, Publishing, QR Codes, Sales | , , , , , , , , , , , , , | Leave a comment