This mini
course outlines the essential elements
for establishing and operating a successful Mail Order Business.
FREE
Here's a practical guide for beginners & a check list for those already in mail order.
|
Home address or post-office box makes no appreciable difference.
STARTING SUPPLIES
Avoid purchasing expensive office equipment or supplies until absolutely necessary.
STARTING CAPITAL REQUIRED
Extra capital to allow for unforeseen and unexpected expenses.
THE PRODUCT
Will be used up or consumed and must be reordered periodically.
LOCATING A SUITABLE MAIL ORDER ITEM
Design - develop - manufacture or publish your own products.
THE LINE
Sell personalisation - consultation - etc, if such services are adaptable to your line.
THE ADVERTISING COPY
| Use attention-getting, bold headline copy in ads. | |
| Illustrate the product if space permits; explain how it is used. | |
| Write copy in a brief, bouncy down-to-earth style. | |
| Avoid any overly-clever, tricky phrases or expressions. | |
| Be sincere - don’t exaggerate. | |
| Describe the product clearly and fully. | |
| Stress the YOU approach; tell how the offer will benefit them. | |
| Avoid over talking about yourself or your company. | |
| Strive for conviction and sincerity-be believable. | |
| Instil confidence; make the prospect feel you are honest. | |
| Stir him into action to order your product. | |
| Give specific directions for ordering. | |
| Provide a guarantee of satisfaction or money back. | |
|
Tailor the ad / literature to fit the prospect you want to reach. |
TESTING YOUR OFFER
| If capital permits - test more than one magazine. | |
| Test more than one ad, each in a different publication. | |
| Try split runs if the magazine offers regional or sectional issues. | |
| Continue a successful ad without change until its pull drops to a break-even point. | |
| Don’t rush to change, the size of ad-copy-new headline another illustration-new price - etc. | |
| Use short testimonials if space permits. | |
| Offer a bonus, something free or at a reduced price. | |
| Key each ad or mailing to determine where the results were derived. | |
|
Keep accurate records of returns from each promotion. |
SALES LITERATURE
Mailing envelope can feature an attractive design or teaser message to induce the recipient to open and read the offer.
THE PRODUCT SUPPLIER
Consider a supplier who is willing to drop-ship your orders directly to your customers-seek at least a 50% discount.
THE SELLING PRICE
| Price merchandise fairly; give customers their money’s worth. | |
| Include postage or shipping costs in selling price. | |
| Use round number ($3.00, $5.00, etc) for lower-priced items to make it convenient for customers to remit payment. | |
| Allow for all costs in marking up prices-postage, overhead, packing, allowances for non deliveries, refunds, bad checks. | |
| Be certain to allow yourself an adequate mark-up to assure profit. | |
|
Test different prices to determine which selling price brings in the greatest amount of profit. |
ADVERTISING
| Don’t attempt to start unless you can afford at least 2 - 3 ads; or a direct mailing to at least 1,000 names. | |
| Plan to advertise consistently. | |
| Use ad space relative to sale price, small-size ads for low priced items/larger ads more expensive items. | |
| Items priced over $3.00 usually do not sell as profitable through classified ads. | |
| In space ads, offer products in the $3.00 to $10.00 price range. | |
| It is usually better to advertise for inquiries if an item sells for $10.00 or more. | |
| Two small ads will generally produce more business than one ad twice as large. | |
| Keep repeating your ads as long as they continue to be profitable. | |
| Don’t waste unnecessary space - advertising is expensive. | |
| Don’t expect to make a killing from one ad or mailing. | |
|
Consistent advertising is the key to mail order success. |
THE MEDIA
Advertise in
publications which feature large mail order sections -
place ads in the same issues or sections that your competitors advertise.
THE ADVERTISING AGENCY
| Select an advertising agency experienced in mail order. | |
| Check their credentials - current account - successful promotions. | |
| Don’t use agencies which represent direct competitors. | |
| Expect to pay in advance for ad placements and other services until credit terms are established. | |
| Advertising agencies are not infallible, forgive an honest mistake give them a second chance. | |
| Expect to pay for preparation of display ads, copy layout, and other services authorised. | |
| Classified ad copy will be prepared without any cost to you. | |
| Extend full cooperation, go along with their recommendations. | |
|
If your advertising
budget is substantial, consider setting up your own advertising agency, |
SHIPMENTS
Specify Return Guaranteed on labels or package.
TERMS OF PAYMENT
| Accept personal checks - very few bounce. | |
| Avoid
C.O.D’s unless you receive sufficient down package to assure you have
collected enough to cover the costs of the return, plus costs of handling and repackaging the merchandise. |
|
|
Don’t offer to
sell on credit or time payments unless the item is high-priced, |
THE CUSTOMER
Work your customer list until it no longer proves profitable.
YOU
| You - mainly control the destiny of your mail order business. | |
| Be energetic, devote as much time as you can spare to advance your business. | |
| Be determined to make your mail order business a huge success. | |
| Learn as much as you can about mail order techniques. | |
| Be original - exclusive. | |
| Don’t copy anyone, copy only successful methods and techniques. | |
| Always strive to improve. | |
| Keep searching diligently for new - exclusive products. | |
| Don’t become disappointed by a slow start or discouraged by a failure or two. | |
| Always perform professionally - an amateur does not get paid for his services . | |
| Build your own financial pyramid - reinvest profits into productive programs that may steadily mushroom your profits. | |
|
Avoid being an easy mark for get-rich-quick schemes - start and operate your business on sound principles. |
Refer to this handy check list periodically
Remind yourself to follow only accepted guide lines ...
that control the safe operation of a Mail Order Business.
BEST OF SUCCESS!
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