Last Updated on May 31, 2019
I recently had a conversation with a potential client where they asked me how digital marketing compared to direct mail. That conversation sparked the research below. The information is not robust by any means, but can hopefully help give you a somewhat educated answer if asked the same question. – Heather
Broadcast Media
- Hard to tell conversion rates/ response rates as it is difficult to track. Location, size and time make results vary as well.
- Radio
- Television
Sources:
https://www.thomasmarsden.com.au/blog/176/
Print Media
- Magazine
- Assume a .5-2% response rate
- Newspapers
- Direct Mail
Sources:
http://charltonmarketing.com/how-to-calculate-expected-response-from-a-newspaper-ad/
https://www.quora.com/What-is-the-conversion-rate-for-magazine-advertising
Support Media
- Best for raising brand awareness and supporting your marketing campaigns.
- Billboards
- Transits
- Bus benches
- Directories
Sources:
https://commexis.com/do-billboard-ads-work-in-a-nutshell-yes/
https://fasi.org/2018/01/19/2017-nielsen-study-examines-billboard-effectiveness/
Direct Marketing
- Direct Mail
- 2% response is considered good in a direct mail effort (Givers Gain The BNI Story, 8)
- Average response rate for in-house list 4.14%
- Average response rate for purchased list 1.52%
- Oversized envelope has the best response rate of 5%
- Email
- Average open rate: 15-20%
- Average click rate: 1-2%
- Telemarketing
- Average 12-14% conversation rate
- 5-5% lead rate with 25% close rate
- Out of 100 calls = 2-3.5 deals closed per month
Sources:
Internet
- Search Network
- Average click through rate is 1.91%
- Average cost per click is $2.32
- Average conversion rate is 2.7%
- Display Ads
- Average click-through rate is .35%
- Average cost per click is $.58
- Average conversion rate is .89%
Sources:
https://www.thomasmarsden.com.au/blog/176/
Social Media
- Facebook
- Average click through rate: .34%
- Average cost per click $.8
- Average conversion rate 1.85%
- Instagram
- Average conversion rate 1.08%
Sources:
https://www.thomasmarsden.com.au/blog/176/
https://karolakarlson.com/instagram-ads-cost-and-bidding/
Sources:
https://yourbusiness.azcentral.com/different-types-advertising-2946.html
http://answers.google.com/answers/threadview/id/728090.html