Ok, I've been experimenting with fax marketing, similar to what Peter Bowerman talks about in "Back for Seconds." I've been sending out a few hundred faxes addressed by name each night via mail-merge/fax-merge.
My response has exploded. I picked up 2 new clients a couple days ago with a third on the way. Last week I picked up 14 new leads and one job. I'm now booked up for the next month or so and probably couldn't take another job if I wanted to.
The keys are the list and the letter. And fax marketing makes it very easy to do a split test at no additional cost. Because I have the equipment and programming skills, the marketing has not cost me a cent. Only some minimal time.
You need to have fax-merge capabilities. I found a Word macro online that I tweaked to automate it for me. And I have the database imports and queries all automated. I have a flat-rate long distance service, so no extra phone charges, no matter where I call in the USA. And the targeted list is free as well, courtesy of my library card!
Here's what I did:
Most libraries have access to the ReferenceUSA database (
http://www.referenceusa.com), which is updated DAILY and has info on 12 million US businesses, including contact info, annual revenue, SIC codes, and much more information. It also has mailing lists of 120 million US households. ALL FREE. Well, with a caveat...
Libraries pay $6000+ a year to have access. If you have a library card, that's all you need to access it in most cases (check your local libraries...my small Newington, CT library had it). The catch is you can only download 25 of them at a time per search. Then you have to do the search again to get the next 25.
I've found it takes me about a half hour to gather about 500 listings (20 pages of listings at 25 per page). Of those 500, approximately 200 or so have fax numbers AND a contact name, which is important.
Anyway, after I have my 200 or so fax contacts, I import it into my database and do a fax merge (like a mail merge, but with fax). I set it and forget it. For my 4 page letter (cover sheet, 2 page letter, and response page), it takes an average of 3.4 minutes to fax each one from my PC. About 200 recipients is 11.3 hours worth of faxing time. I start it early before I go to bed, and it's finished by mid-morning the next day. I have a dedicated PC I use for this, but it's not necessary.
So each day I spend a half hour getting my list together for that night. I could hire someone to do it cheaper than my time is worth, but I'm not looking to get a 10,000+ list all at once. Just 1/2 hour each day, and I have my list together for that evening's fax.
Right now I'm targeting ad agencies in the NY/NJ/MA area, and next I'll target graphic design firms. In fact, I could target consumers if I wanted to, manufacturers, you name it. And it's all free.
Plus I don't need to worry about stuffing envelopes or stamps. And I've read that most companies will read their faxes before they'll read their mail.
I'm a believer in that now!
Plus, no postage or stamp costs.
It's a numbers game, really, and you can bet the bank on it.
Sure I get 2 or 3 people each day who request me to remove them from my list. But that's out of hundreds.
Now...before you embark on a campaign like this, you should check with your lawyer. There are legal ramifications about unsolicited fax marketing.
But if you've got it covered, it really is an ideal way to turn your copy and direct marketing into a diamond mine for prospects.
Peter Bowerman talks about this in his sequel book, but he left out a lot of things that I had to figure out. I'm thinking about putting together a package with my actual database and queries, Word macro, and step by step instructions on how to do this. If there's an interest, let me know.
All the best,
John