Definition 6 Client Manager, Ira Gross, discovered an enlightening article in the Wall Street Journal around the impact of implementing overnight sends for email marketing newsletters. The article mentions that companies who execute marketing programs in concert with their customers pay cycle are yielding better returns than performing promotions without paying attention to that cycle. A few items worth mentioning from the article:
1. People buy bigger ticket items closer to payday
2. People spend less at the end of the month
3. Aligning promotions and offerings to pay cycles yeilds stronger sales
Given the current economic situation, firms need to understand their customers cash on hand and run appropriate promotions. If you are running tartgeted email marketing campaigns, this article is definitely worth checking out.