Slow and Steady Wins the Race! DM still Growing

By |2024-12-04T14:53:40+00:00December 4th, 2024|

According to a new global industry report by The Business Research Company, the direct mail advertising market is set to grow steadily in the coming years.  Valued at $76.68 billion in 2023, the market is projected to rise to $79 billion in 2024, with a compound annual growth rate (CAGR) of 3.0%.  By 2028, it is expected to reach $87.93 billion, growing at a CAGR of 2.7%. This consistent growth is a testament to direct mail’s resilience in an era dominated by digital marketing. With response rates ranging from 2.7% to 4.4%—significantly higher than email’s 0.6%—and an average ROI of $4.09 for every $1.27 spent, direct mail remains a vital and highly effective marketing channel. Its longer shelf life and [...]