Several months ago, a prospective B2B client called me for messaging help on her company’s sales-generation email program. Because her Web service is available for a low monthly fee, she doesn’t need to nurture leads but seeks, instead, to generate ready buyers.
On the call, she told me that she is sending emails out to the same list of 20,000 small-business prospects via Constant Contact every week. I let out a small gasp when I first heard this. Any B2B company emailing me weekly would have been opted-out a long time ago. Yet, she says her opt-out rate is low. It’s possible that many of her emails are going into spam folders and aren’t being seen at all; however, they do generate some business.
Then a recent blog post, “eMarketing – How Many Touches Produce Results?,” from Manticore Technology, a B2B marketing automation provider, addressed the email frequency issue. In their words, they had “set out to discover how many touches are optimal for multi-touch email marketing campaigns.”
They offered an educational eGuidebook to the same target list, sending one email per month for four months. Here is their result:
Email #1: 1235 downloads
Email #2: 585 downloads
Email #3: 52 downloads
Email #4: 17 downloads
In direct mail marketing, the predictive formula of results when sending the same message to the same audience is a 50% drop in response with each successive mailing. This example in emailing shows a greater decline that may or may not produce similar results if repeated in the future.
But the question remains, how often is too often? What’s the answer? The number is different for every company, every product, every target market. Only through testing can a B2B company determine which frequency is the most productive and cost-effective. Only through testing can each company find their Uncle Harry.
Who’s he? Uncle Harry is the guy that triggers how often a company should mail lead generation offers to the same group of prospects. Here’s the story:
Many years ago, an insurance company that sold primarily through direct mail was trying to determine how often it should mail offers to its base of prospective customers. Their marketing team broke the mailing list into groups and tested various mailing patterns. The one that performed the best for them was to re-mail every 90 days.
They found that mailing more often cost more and did not produce enough additional business to justify the additional mailing costs. On the reverse, they found that waiting longer than 90 days did not boost response significantly enough to justify the wait.
So why was 90 days the magic number for them? Because Uncle Harry died.
That’s right. Every 90 days, there are enough people in the country who have a relative die to trigger the awareness that maybe they need to get life insurance.
How does this consumer example apply to B2B marketing? Because, most of the time, the decision to move ahead with finding a solution to a particular business challenge relates to an event. Uncle Harry may not have died, but perhaps a big customer was lost, a competitor won the bid for a new customer, costs suddenly rose or one of hundreds of events happened that triggered a change in company priorities.
It’s then that a B2B company needs to be in front of its prospect with the right message. For some, like the prospective client who called me, every week may not be too much. For others like Manticore, once a month with the same offer may be too often. B2B marketers should test their lead generation marketing frequency to find their own Uncle Harry.