Published: January 09, 2006
Cox Target Media(R) and Chrysler Group Partner for Launch of Advertising Sales Support Program to Target the Majority of Car Buyers, Women
Cox Target Media (CTM), a leading direct
marketing company, announced today that it has partnered with the
DaimlerChrysler Corporation MarketCenter division to promote new car sales
among female consumers. An advertising sales program has been launched
between the 3,900 U.S. Chrysler Group automotive dealers and the nearly 200
U.S.-based Valpak® advertising-sales franchise owners as well as the
national Valpak sales department. The full-line of Valpak products,
including the blue Valpak® envelope, Valpak.com®, Valpak E-mail Club®
and Solo Values® customized direct marketing, are offered to Chrysler
Group dealers through this new, special program and partnership.
Valpak was selected for its reach to women, the direct marketer's primary
audience for nearly 40 years. Through this special program, Valpak
products are available via a customized Web site linked into Chrysler
Group's Intranet site for Chrysler, Jeep®, and Dodge dealers. Presently,
nearly 40 million Valpak households are located within a five-mile radius
of U.S. Chrysler Group dealerships.
"Our Valpak consumers are projected to spend more than $250 billion
purchasing new and leased automobiles," said Hal McMenamin, director of
marketing for Cox Target Media, the company that owns and produces Valpak
marketing products.
Wielding more economic power than ever before, women now purchase 65
percent of all new cars and influence 95 percent of all automobile
purchases. In almost 80 percent of the cases where married couples buy a
new or used vehicle, it is the woman who called the shots and made the
final decision.
This program is a new, cooperative advertising partnership established by
CTM and rolled out nationally to the direct marketer's Valpak franchise
network. It is supported by both partner's marketing and franchise support
teams. Templated new car advertisements, designed by the direct marketer,
and pre-set recommended targeting tools have been developed for Chrysler
Group dealers to use in their Valpak advertising. Rates and detailed
mailing information broken down to mail-carrier routes are available as
well. Via zip codes, Chrysler Group dealers will be directed to their
local Valpak offices.
Customized Geographical Information Science (GIS) audience research is an
essential feature of CTM's service and this program. Daimler Group dealers
will identify and target key demographics within the Valpak audience by
Neighborhood Trade Areas® (NTA), a single zone of 10,000 households.
Dealers will choose from among several audience profiles to tie into the
line or model of automobiles they wish to feature in their advertising
campaigns.
Valpak mails nationally each month to a 43 million U.S. household audience,
where women reside in 91 percent of the homes. The Valpak household is
more affluent than that of the average U.S. household, with an annual
household income that is 26 percent higher. Among consumers, Valpak is one
of the most recognized advertising brands bringing value and a buying
opportunity. Chrysler Group dealers hope to leverage Valpak's high
consumer awareness and appeal to women. More than 60 percent of Valpak
households own two or more vehicles. Nearly half of consumers in a Cap
Gemini Ernst & Young, October 2003 survey said a direct mail offer from a
car dealer would influence their vehicle purchase decision more than TV ads
or Internet search engines.
About Cox Target Media http://coxtarget.com or
http://www.valpak.com
Headquartered in Largo, FL, Cox Target Media (CTM) is North America's
leading direct marketing company with nearly 200 franchise offices, as well
as 10 corporate owned and operated sales offices in the United States.
CTM's flagship brand Valpak® delivers savings each month to more than 45
million households throughout the United States, Canada and Puerto Rico.
Annually, Valpak mails more than 18 billion advertiser offers inserted in
more than 500 million envelopes. Launched in 1998, Valpak.com is the
online extension of the envelope and the largest local coupon site on the
Internet. CTM is a subsidiary of Cox Newspapers, owned by Cox Enterprises,
Inc., the sixth largest media company by revenue in the United States.
For more information on Valpak, including statistics and studies, please
contact Meg Forehand of Cox Target Media at 727.399.3082 or
meg_forehand@coxtarget.com.
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