Communication technology feels irreplaceable, but is it comprehensive? One thing your marketing strategy might be neglecting, specifically when it comes to lead generation, are the basics. Those things that connect humans and make them feel good. Like receiving a bespoke handwritten note.
Perhaps the way forward isn’t only digital at all. Maybe it’s time to revert back to analog thinking to achieve outstanding results. Learn how handwritten notes can improve your lead generation results.
Successful companies don’t rely solely on digital marketing
Technology has made communication faster, cheaper, and easier. This is precisely why companies have become so reliant on digital marketing. In the beginning, it was an inexpensive way to attract new leads and retain loyal clients.
But, increased access to technology creates a big problem. Noise. A lot of it. And, it’s impossibly difficult to cut through. Apart from an increase in costs.
Two of the leading outbound email services in the U.S., MailChimp and Constant Contact, frequently publish their internal metrics. MailChimp reports that businesses in “Professional Services” have a 21% average open rate. Constant Contact reports a 16% average for the same industry.
While these open rates may be considered average for the industry, 16-21% can be a low figure depending on how many subscribers are on your email list. Worse, the average conversion rate for email marketing is less than 1%.
This begs the question, are our current digital campaigns giving us the best response rate possible?
Is digital marketing as effective as we hope?
Mostly every company focuses on digital marketing. For that reason, consumers and business owners feel overwhelmed by messages. No one wants to be constantly sold to, so the reaction is to ignore such sales messages entirely.
“90% of C-suite executives say they never respond to cold calls or email blasts.” (HBR 2012)
For marketing people, it is increasingly difficult to get the attention of decision-makers. Another obstacle marketers face are spam filters. With improved machine learning, spam filters have become smarter. The fewer marketing materials making it to a prospect’s inbox, the more devalued digital communication becomes.
Furthermore, many countries are imposing strict regulations to limit cold calls and emails.
Did you know it’s actually illegal to send cold emails in most European countries? For instance, in Germany sending B2B or B2C cold emails is illegal without a prior opt-in.
Standing out from your competition
So now, your biggest challenge is to not be silenced. And to stand out whenever possible. You won’t do that by following the same steps as everyone else. How can you differentiate?
You won’t do that by following the same steps as everyone else. How can you differentiate?
Being different is more important than ever.
“You can’t sell digital marketing with digital marketing alone,” says Benjamin Leiberich, founder and CEO of manufaktur34
After facing challenges from his client acquisition methods, Leiberich realized he needed to change his approach. Leiberich remembered a handwritten letter he received shortly after starting a new company.
The note read, “Dear Mr. Leiberich, I wish you all the best and a great start at your new job!”
This note was handwritten by the recruiter who placed him. While he had no personal relationship with the recruiter, Leiberich still kept this handwritten letter on his desk for his entire tenure at the company.
Think about that for a second.
Assuming Leiberich stayed with the company for at least four years —the current average— that’s about 1460 days of looking at this handwritten letter. If Leiberich needed a recruiter again, the author of this note is likely to come to mind.
Had the pleasantry been delivered by email, it’s likely Leiberich would have forgotten about it a minute later. Or perhaps he wouldn’t have opened it. But it didn’t. Leiberich kept the note. In a visible place, nonetheless.
This simple gesture inspired Leiberich to try a similar approach regarding customer acquisition. He wrote 20 handwritten letters and sent them to prospects. This effort generated striking results:
- 8 leads
- 6 leads turned into new customers
- Which equals a 30% conversion rate
This experiment outperformed his traditional digital marketing methods, which was largely based on email marketing. Imagine how much lower your cost per lead would be if you could convert 30% of your prospects.
Invest in your customers if you expect them to invest in you
Handwritten notes are different. They are unexpected. But, they cost more than an electronic message.
Still, the investment is well worth it. Handwritten notes aren’t going to break the bank. Rather, like any good investment, handwritten notes can help you generate money.
You can almost guarantee your customer will open the letter. And perhaps keep it around for a while. When you take a little more time and invest a bit more money, it is noticed. It shows your prospects that they are more than just another email address in a database.
When it comes to handwritten notes, quality over quantity
Think about your experiences with cards or handwritten letters. How do they make you feel? Warm, happy and special are a few adjectives that come to mind.
This is what makes them effective when capturing the attention of your prospects.
Handwritten letters aren’t as scalable as e-mails and must be created with more thought. The message must be specific to the recipient. For example:
- Inviting clients or prospects to a webinar you’re hosting
- Introducing yourself to a new prospect
- Thanking a client post-purchase
- Remembering important milestones like a client’s birthday, the holidays, etc
You may not be able to send as many handwritten notes as you can email, but handwritten notes show you care about connection and the personal touch. And, from a new business perspective, this analog approach does something a digital approach struggles to do, it evokes an emotional response.
It’s all a balancing act
So, should you ditch your digital acquisition methods and focus solely on handwritten notes?
Of course not.
A handwritten letter can’t replace a successful B2B demand generation campaign. And, it won’t be the answer to all B2B demand generation challenges in the digital age. But, it can be an effective addition to your custom acquisition efforts.
It’s tempting to keep looking forward to the next new thing. We have become so accustomed to digital communication that in some ways we’ve forgotten about the effectiveness of more classic methods.
It’s important to remember, true success in customer acquisition needs both digital and analog elements.
What are you waiting for? If you haven’t already, try sending some handwritten notes today.