Why would people be willing to give companies 'permission' to talk to them?
Permission marketing is built around rational calculations by both parties.
Look at it from the customer's perspective:
People have money to spend on products. What people lack are the time to evaluate products and the trust in the companies that make them. The first rule of permission marketing is that it's based on selfishness: Consumers will grant a company permission to communicate only if they know what's in it for them. A company has to reward consumers, explicitly or implicitly, for paying attention to its messages.
That's why the Net is such a powerful medium. It changes everything. You can use email to communicate with people frequently, quickly, and unobtrusively - so long as they've given you permission to do that.
Now look at it from the company's perspective:
One of the problems with interruption-based marketing is that you have to assume that "no" means "no" - when , in fact, it usually means "maybe." If people see a TV commercial and don't buy your product, or get a piece of direct mail and don't respond, you assume that they've rejected your offer. It's simple economics. If you send 100 people a letter and only 2 of them become customers, the cost of asking the other 98 why they didn't is exactly the same as the cost of contacting them in the first place. So you move on to the next batch of prospects.
What's so magical about the Net is that the cost of talking to the "no's" more than once is minimal. With email, frequency is cost effective. You can keep communicating with people, keep teaching them, and keep trying to turn them into customers. And it doesn't cost you a lot. That's so important. If you want to change behavior, you have to talk to people over and over again.
Source: FastCompany.com -By William C. Taylor |