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News
Release
Phormion
ROI Sales Tools Improve Direct Mail Response Rate By Factor of 2-3
Phormion
Customers Independently Report Similar Direct Mail Results When Free
ROI Analysis is Offered as Call to Action
Lincroft,
New Jersey,
September 22, 2003 - Phormion
Sales Tools (www.phormion.com), the ROI/TCO sales tool development
company with a 7-year track record, announced today that two of its
recent customers have reported vastly improved response rates when
their direct mailing offered the use of an ROI tool or independent ROI
analysis using Phormion-built tools.
One
recent Phormion customer, a Fortune 500 provider of telecommunications
solutions, invited approximately 10,000 subscribers to its email
newsletter to download its Phormion-built ROI tool to assess the
financial benefit of a new enterprise telecommunications product.
Typical call-to-action responses to such newsletter offers are in the
4% range for this Phormion customer, but that response number improved
to 10% when the availability of an ROI tool comprised the centerpiece
of the offer.
Similarly,
another Phormion customer, a provider of security and identity
management services, conducted a direct mail campaign in which
recipients were invited to join one of their sales representatives for
a customized ROI analysis using their Phormion-developed ROI tool.
The company reported a response rate to that direct mail effort
approximately 2.5 - 3 times that of previous direct mail efforts.
About
Phormion Sales Tools
Phormion
Sales Tools researches, designs, and develops interactive sales and
marketing tools that use Return-On-Investment (ROI), Total Cost of
Ownership (TCO), and other financial analyses to help high tech sales
organizations quantify and explain their value propositions to their
prospects. Phormion tools allow sales organizations to easily
and clearly show their prospects how they can save money, time, and/or
increase revenue using their products and services. We pride
ourselves in transforming financial analyses into coherent, concise,
value propositions and sales stories, and delivering the finished
tools sales organizations need to communicate them. Phormion’s
clients include Siemens, Avaya, Brother, Microsoft, Cisco, IBM, HP,
Network Associates, and Intermec. For more information, please
contact us at (908) 876-8700 or visit us on the web at www.phormion.com |
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