the power of trans-promo national pcc day september 21, 2011 teri natoli – director of production...
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The Power of Trans-PromoNational PCC Day
September 21, 2011
Teri Natoli – Director of Production Print –
Konica Minolta Business Solutions
Bill Kochanny – Senior Production Print Specialist –
Konica Minolta Business Solutions
Transpromotional Communications: Definition
• Utilizing the white space within billing documents, statements, explanation of benefits, notifications and other transactional documents to deliver targeted messages
Transpromotional Communications: How It Works
• Transpromotional communications can take advantage of the extensive knowledge a business has about any given customer from their existing relationship, and use that knowledge to deliver relevant offers and deepen the relationship.
How Transpromo Started and Continues to Evolve
• The introduction of variable data print software and high speed, low cost digital presses provided a successful model to increase response rates
• Combining information from the Data Center with these advanced production tools opened up a new method to further expand a customer relationship
Traditional VDP Review
A FORM OF ON-DEMAND PRINTING IN WHICH ELEMENTS SUCH AS GRAPHICS, IMAGES AND TEXT CHANGE FROM ONE PRINTED PIECE TO THE NEXT, USING INFORMATION FROM A DATABASE OR EXTERNAL FILE.
Benefits for Your Customer
THE USE OF VDP YIELDS SIGNIFICANT BENEFITS: 34% Average response rate increase 25% Order value increase 48% Repeat orders / Retention increase 35% Response time decrease 32% Revenue / profit increase
A New Approach
MAKING THE MOST OF CUSTOMER DATA TO CREATE COMMUNICATIONS THAT WILL BRING VALUE IN EVERY STAGE OF BUSINESS DEVELOPMENT
MAINTAINING EXISTING CUSTOMER BASE
GROWING CUSTOMER BASE
GAINING NEW CUSTOMERS
Color material attracts 55% more people
Color helps 70% of readers quickly locate info
Color increases learning and retention by 78%
Color improves comprehension by 80%
Color invoices get paid 30% faster
*Frank Romano Inkjet2 - 2008
Transpromo can increase the benefits by adding color
Generating your invoice
Create documents that are easy to read and print.
BEFORERaw data from host usually printed on legacy or impact printers
AFTERWith no change to the host system, output an invoice or statement
Fax
Invoice and Statement Types
Perfect for these challenges: Variable pages
Grouping to one address
Bilingual messaging
Customized terms and conditions
Customized transpromo
Merged letters
Bar-coded remittance
Notifications
HCFA Forms Checks/EOBs
Utility/Tax Bills
Turn invoices into advertising vehicles with TRANSPROMO:
New services Special pricing Upcoming promotions New products
Transpromo can help cross-sell
Are your current statements promoting other offerings?
Willis,Register to receive your invoice online at www.olinterweb.com before 9/18/2011 and receive a FREE MOBILE INTERNET STICK
Reformat data to create space for additional functions /messaging
Generate OCR characters for automated remittance processing
Create POSTNET™ or Intelligent Mail® Barcode easily to gain maximum postal discounts
Transpromo: document enhancement
Barcode or OMR for Inserters
To Maximize Transpromo, Consider
Coupons with a special offer
Personalized information based on:
– Spending habits/product code
– Geography
– Customer type
– Invoice amount
Partner coupon
Usage – over a time period
Payment due – when/what
Prevention/Care instructions
Reference materials – posted on Web
Regulatory/Disclosure text
Key Reasons for Leveraging Transpromo
1. Unrivaled Openability – 95% of invoices and statements are opened and read.
2. High Involvement - The average customer invests 2-3 minutes per invoice/statement.
3. Cuts through the clutter – The average no. of advertising messages received in a day is 3,000 vs. fewer than 12 invoices or statements/mo.
4. Cost Efficient – You’re already mailing statements.
5. Increase Bottom Line Profits – Up to a 50% increase in profits with a 5% increase in current customer business.
6. Reduce Call Center Activities – With the clarity associated with TransPromo documents and digital color communications.
7. Diverts Customer’s Attention – From “cost of service” to “benefit”.
8. Multi-Channel Communications –Tools are available to make TransPromo statements multi-channel communications.
Bringing Value to the Entire Organization
CUSTOMER COMMUNICATIONS IMPACTS EVERY DEPARTMENT
OF AN ORGANIZATION:
Business Managers Turn every communication into an opportunity to build loyalty
and fuel sales Efficiently slashing document-processing costs
Finance Executives Use technology to create revenue and benefit from a speedy ROI by:
Reducing labor costs and associated production turnaround Accelerating the distribution process, speeding up the payment
and reducing postal costs Using digital archiving to reduce the cost of customer service Maximizing the marketing budget to create sales opportunities
Bringing Value to the Entire Organization
CUSTOMER COMMUNICATIONS IMPACTS EVERY DEPARTMENT
OF AN ORGANIZATION:
Process Owners Can increase productivity and profitability by improving existing
processes And reduce production delays, doing more in less time
Marketing managers Can drive more business with better communications Respond to market opportunities quickly Easily enhance existing documents Add transpromo messages to customer communications
Bringing Value to the Entire Organization
CUSTOMER COMMUNICATIONS IMPACTS EVERY DEPARTMENT
OF AN ORGANIZATION:
IT Professionals Improve business processes with no change to the systems in place A proven solution with thousands of customers worldwide Compliant with enterprise applications Allows to automate tasks, reducing workload
Transpromo – What’s In It for You as a Solution Provider?
• Differentiate yourself from the competition• Build stronger more meaningful relationships with your
customers• Help to grow your client’s business and make them more
successful
Thank you!