- Published: March 2014
- Region: Global
Direct Marketing Services in the US
- Published: December 2013
- Region: United States
- 10 pages
- First Research
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Brief Excerpt from Industry Overview Chapter:
Companies in this industry develop advertising campaigns and related materials for direct distribution to consumers by mail or online. Major US companies include Harte-Hanks, Valassis Communications, and Vertis.
The US direct marketing services industry includes about 3,200 companies with combined annual revenue of about $10 billion.
Demand is driven by economic activity and corporate profits. The profitability of individual companies depends on their targeting services, creative skills, and marketing ability. Large companies have economies of scale in database analytics, marketing, and automated operations, which allow them to compete more aggressively on price. Small companies can compete effectively by specializing in a particular industry, geographic market, or service type. The US industry is concentrated: the 50 largest firms account for about 50 percent of revenue.
PRODUCTS, OPERATIONS & TECHNOLOGY
Major services are letter shop services (preparing and sorting mail pieces); printing; mailing list services; concept development; and full direct mail services, which include all of the above. Full direct mail services account for about half of industry revenue; letter shop and print services each account for about 15 percent. Other offerings include fulfillment, sales promotion, and distribution services.
Historically, direct marketing referred to direct mail and telemarketing. Direct marketing can use any medium to reach specific customers, including mail, TV, print, email, banner ads, and billboards. The direct marketing industry is changing as organizations allocate more of their advertising budgets to online marketing.
The most commonly used medium for direct marketing... SHOW LESS READ MORE >
1. Industry Overview
2. Quarterly Industry Update
3. Business Challenges
4. Business Trends
5. Industry Opportunities
6. Call Preparation Questions
7. Financial Information
8. Industry Forecast
9. Web Links and Acronyms