Real Estate Postcard Q&A: First
Class Mail vs. Bulk Mail
by Brandon Cornett
Agents Question:
Is it better to send real estate
farming postcards by first class mail or bulk mail?
Brandons Answer:
There are two major differences
between Standard (bulk) mail and First Class mail. First of all, theres the
speed factor. The U.S. Postal Service states that Standard mail usually arrives
within 3 to 15 business days, while First Class mail averages 1 to 3 business
days.
Another big difference is that First Class mail offers return
service, while Standard mail does not. Lets say you send 1,000 postcards, but
150 of them have bad addresses. With First Class mail, you would know this
because the bad ones would be returned to you (at no extra cost). The post
office will also try to forward the postcard if the recipient has moved.
But if you sent those 1,000 postcards by Standard mail, you
wouldnt know about the bad addresses because Standard mail doesnt return to
sender. In all likelihood 150 postcards with bad addresses would wind up in the
trash.
A Postcard Revelation
I once knew a broker whose
agents had been mailing their farming postcards by Standard mail. They office
later switched to First Class mail for faster delivery, and they were shocked
by the number of returned postcards.
"We never got returns like this before," the broker said to me.
"So why now?"
In truth, their deliverable rates probably didnt change much.
They just didnt know about the bad addresses before because Standard mail
doesnt get returned. So they assumed all the postcards were reaching their
destinations. Switching to First Class was an eye-opener.
Which Class is Right For You?
So which class of mail
should you use? Well, that depends. If its important for you to know about your
undeliverable postcards, First Class is your option. If speed is a factor,
again, First Class is your choice. But if youre on a budget, I recommend using
Standard mail.
Undeliverable Postcards are Common
Heres something to
remember when you send out your farming postcards. Even with the most current
mailing list possible, some of your postcards will be undeliverable. My
research and experience shows that the average undeliverable rate for direct
mail is about 8%. So no matter what you do, youre going to have some postcards
that either come back to you or wind up in the trash. There is no such thing as
a 100% deliverable postcard mailing.
With that said, you should try to maximize your deliverable rate
by using fresh data. By using a reputable list provider, you can easily keep
undeliverable mail below the 10% mark.
Copyright 2006, Brandon Cornett.
About the Author
Brandon Cornett is the author of
"Real Estate Postcard Marketing," an insiders guide to using
real
estate marketing post cards. Agents, you can increase your postcard I.Q. by
visiting http://www.realestatepostcardbook.com
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