Market Snapshot:
Direct marketing consists of any marketing that relies on direct communication or distribution to individual consumers with the objective of selling a product, generating new business, or raising the profile of an organization or product. The major benefit of direct marketing is to get the customers to respond directly to the manufacturer of products/services. It is the fastest-growing form of marketing as it is becoming more web-oriented and internet marketing is the fastest-growing form of direct sales. According to a source, the United States the direct mail marketing spending in 2018 amounted to USD 42.4 billion The growing need for a speedy way to reach markets is driving the growth of direct marketing.
Highlights from Direct Marketing Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The key Players profiled in the report are Rapp Worldwide Inc (United States), Epsilon (United States), Wunderman Thompson (United States), Foote, Cone & Belding, a.k.a. FCB (United States), LiveRamp Holdings, Inc (United States), Harte Hanks (United States), OgilvyOne (United States), Merkle Group Inc. (United States), Harland Clarke Corp (United States), MRM (United States), DigitasLBi (United Kingdom), SourceLink (United States), BBDO (United States), SapientNitro (United States) and Leo Burnett Worldwide, Inc. (United States). Additionally, other players that are part of this comprehensive study are Aimia (Canada) and Others.
Geographic Breakdown and Segment Analysis
The Global Direct Marketing market presents a comprehensive analysis of the Direct Marketing market by end-user/application (Business to Business (B2B), Business to Government (B2G) and Business to Consumers (B2C)), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Direct Marketing industry. Investors and Players can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Direct Marketing market
Analyst at AMA have segmented the market study of Global Direct Marketing market by Type, Application and Region.
Influencing Trend:
Increasing Use of Direct Mail to Customers
Market Growth Drivers:
Easy to Target Intended Customers Instead of Mass Population Effective For Companies With Shoestring Budget As Direct Marketing Involves Less Cost and Digital and Social Media Platforms Becoming Effective Way To Market To Customers
Challenges:
Lack of Skilled Professionals
Restraints:
Risk Of Profile-Raising And Image Building Due To Direct Dealing With Customers
Opportunities:
Effective Way for Companies to Analyze Own Analytics And Tweak Strategies Effectively Without Middleman and Rising Use of Email Marketing and SMS Marketing for Brand Promotions
Market Developments Activities:
In January 2022, Direct Marketing Solutions, a world class, integrated direct marketing company and one of the largest marketing mailers , announced the acquisition of mailing services of pittburgh's freedom, Pennsylvania plant assets, expanding the company's reach to the Eastern part of the United States.
In November 2020, Quad Launched Innovative Direct Marketing Platform to Disrupt Industry. a platform that delivers entirely personalized direct marketing campaigns at a fraction of the cost and at greater speed to market. An industry first, QDMX helps marketers mitigate the impact of rising postage costs and navigate ongoing economic uncertainty through a suite of solutions that integrates sophisticated data application, innovative direct mail production and streamlined mailing.
The global direct marketing market is highly competitive and diversified due to the presence of a large number of regional and international providers across the globe. The key players are investing heavily in research & development to enhance their customer database to maintain their market presence in altering consumer buying preferences.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Direct Marketing Providers, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End Use Industry