Many businesses turn to mailing houses to collate, sort and send their mail. This is especially true if they are doing larger than normal direct mail advertising.
More and more Australian businesses are finding it takes a large effort to target sizeable markets, hence many are using direct mail campaigns as their primary means of marketing.
In short, direct mail marketing campaigns have become tedious and time consuming projects. A lot of time, careful planning and organisation goes into the production of mailing pieces and the last thing any marketing person wants to worry about is making sure the mailing pieces are mailed appropriately. Plus many marketing personnel are unsure of the different postal regulations and the cheapest, quickest way to send out the mailing pieces. Mailing services assist in this capacity.
Good mailing houses are not only able to send the mail out efficiently but can also advise their clients of the best way to send the mail, keeping in mind cost and time factors. Often it works out cheaper for a business to use a mailing house than it does to organise the mail in-house particularly if the mail needs to be pre-sorted and barcoded to Australia Post's regulations.
Before you can start your business, you will need to thoroughly investigate the possible demand for your services and who your prospective customers will be. This means undertaking market research.
Market research can mean the difference between success and failure and many a business has folded because business owners failed to properly consider their target market prior to starting their business.
When developing your marketing strategy, keep in mind that the majority of businesses within any given community are made up of small businesses. The local business community will generally form the basis for your clientele however, do not neglect the large businesses in your area. If you manage an account for a large business, it could be worth several of your small business accounts.
It will also be important to make sure this type of business is operating efficiently as a whole. Our guide explains how to assess the effectiveness of your business operations and helps you work out how much you should charge to make sure you are earning sufficient revenue to cover your operating costs as well as generate a profit.
Additionally it helps you to investigate market potential, advises what to consider when choosing business premises and location, outlines what equipment you will need, and what to consider when it comes to costs and stock, how to effectively operate your business and the tax and legal issues you should be aware of.
Remember, not only is starting a business a major life-changing decision, it is also a major financial investment. As a result, you will need to make sure you are fully aware of the commitment you are about to make and what is involved.
This guide will help you to arm yourself with the appropriate information. Information that is accurate, up-to-date and applicable to your individual circumstances.
|High net profit before tax||$195,000.00|
|Average net profit before tax||$123,500.00|
|Average startup investment||$94,000.00|
|Minimum startup investment||$44,000.00|