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DMAW Educcational Foundation
Leadership Circle Luncheon Draws Rave
Reviews
by George P. McDonnell
It was one of those "you should
have been there" talks. Lots of insight into the changes in
the "multi-channel" marketing scene.
It was the quarterly luncheon of the EF's "Leadership
Circle" at the National Press Club on October 7. Some 30
people attended to hear Quad/Graphics' President & CEO,
Joel Quadracci, talk about the fast-moving changes in the
"print" side of direct marketing. If you aren't familiar
with Wisconsin-based Quad/Graphics, it is the largest
privately owned printer in the Western hemisphere, and the
third largest commercial printer - public or private - in
the United States.
Catalogs are the largest segment Quad/Graphics serves.
Among its high-profile clients are L.L. Bean, J. Crew,
Lands' End, Williams-Sonoma and Cabela's. The printer also
specializes in magazine printing. It produces National
Geographic, Architectural Digest, Vogue, Smithsonian,
InStyle, The Economist, and Newsweek among many other fine
publications.
Direct mail is a fast-growing segment of Quad/Graphics'
business. It has invested tens of millions of dollars
recently in plant and equipment upgrades to its QuadDirect
division. Two of its 11 domestic printing plants are
dedicated QuadDirect facilities: Fredericksburg, Virginia
(formerly Diversified Mailing Services/Openfirst) and
Pewaukee, Wisconsin, which is just outside of Milwaukee.
Quad/Graphics is focused on improving the relevancy and
revenue-generating capabilities of print through the
successful application of data. According to Joel, Quad has
ramped up the "aggressiveness" of ink on paper, making it
live and breathe in real time by strategically applying
data to create targeted, relevant print messages and then
connecting those printed messages with other forms of
media. "Our technology allows direct marketers to send the
right type of message to the right people at the right time
for the biggest ROI," he said.
One example Joel gave was how Quad can print a four-color
direct marketing piece and then, just prior to mailing,
personalize it to the recipient with a picture of a product
that the recipient had recently viewed online, but had not
purchased. Another example Joel gave of using data
effectively is showcasing certain products in a direct mail
piece based on past purchases (e.g., a belt that matches a
pair of previously purchased shoes) or known preferences
(e.g., a certain brand of running shoe that is about to be
discontinued). This highly targeted approach to selling
significantly reduces the cost per response for the direct
marketer.
Given that postage is a direct marketer's single largest
manufacturing cost, Quad/Graphics offers a host of ways to
reduce postage, including combining direct mailpieces with
other types of printed products such as magazines and
catalogs to create loads that can be delivered deep into
the postal system at huge discounts.
Joel stressed print is a key part of a multi-channel
marketing mix, and that it is rapidly evolving to meet
direct marketers' needs. New print formats and new data
application capabilities help promote consistent, frequent
and meaningful interaction with an audience, he shared.
The next Leadership Circle gathering will be a dinner on
Wednesday, January 6, at the Georgetown University
Conference Center. Details to follow.
If you are interested in joining the Leadership Circle,
email us or call George McDonnell at 703 777 1963. The dues
you pay support the work of the Educational Foundation.