Making
Commission Circulars Pay
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Based Business Ideas Part 3
One of the biggest mistakes that people new
to mail order make is thinking that getting commission circulars
and mailing them to people on mailing lists will pay. It doesn't.
At the VERY best, you will get 4% responses but usually you will
get 1% or less.
So how do we make commission circulars pay?
The only way that you can make them pay by
mailing them to mailing lists is to have your OWN mailing list
of people who have bought from you before. That basically means
that you have got to take a risk and lose money before you can
make any. Once you have found your own pattern of doing this,
you can repeat it as many times as you like and make as much money
from it as you have time to carry out your own plan.
I consider that advertising in mail order
magazines is the easiest, most certain and cheapest way of building
up your own list. To get results from advertising, you need to
almost GIVE something away. You could offer a Report for just
two stamps. This would cover your costs but not your time. When
you send the Report out, you include with it your commission brochures
and, if they are good, you will get a number of sales.
Another thing worth advertising is 'Big Mails'.
Make up your own Big Mail by getting involved in as many commission
circulars as you can as well as 'Co-Publishing@ a couple of magazines
which will also cut down the cost of your advertising.
Yet another way of building up your mailing
list is to mail to mailing lists or through other mailers who
can possibly do it cheaper than you can but make YOUR offer almost
a 'give-away'. You can use your brochure to get enquiries for
just a stamp or sell something very low cost that will bring in
a quantity of replies rather than large money. I don't recommend
giving 'free' as in my experiments, I have found that giving 'freebies'
rarely brings follow-up sales whereas those who give a stamp also
give better follow-up results.
You may well have realised that building-up
your own mailing list is going to take time. Most advertising
in mail order magazines will only bring one, two or three replies
per issue. That is a large number of issues to get one hundred
names for your mailing list. If you have the money to invest,
your best bet is to advertise by mailing to mailing lists or through
other mailers.
Once you have compiled even a small list,
you should mail to these people once a month. It doesn't matter
if you include the same items in your mailing although do try
to include at LEAST one thing that is new and different.
To improve response, include a personal letter.
I have found that a written letter is best but you can type it.
However, NEVER send a printed letter. You will notice yourself
that when YOU receive mail, YOU will read a written or typed letter
but NOT a printed one. Others are much the same as you. Your letter
should be short and point out a few advantages to be had from
your products.

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