Wednesday, September 16, 2015

AMiable Solution #155: The Stuff of Stamps, Part 1

Stamp collectors have existed almost as long as stamps have.  How long?  According to The American Philatelic Society, more than 175 years: ever since Britain issued the first postage stamp, the “Penny Black,” on May 6, 1840.

What makes stamps so attractive to collectors?  How did stamps and stamp collecting become such a success?  This month, we’ll look at four lessons marketers can learn from the history and art of stamp collecting, starting with…
Make more than a product. 

Occasionally, the U.S. Postal Service creates what it calls a “semipostal” stamp.  These slightly more expensive “fundraising stamps,” as they’re also known, provide customers with something they need--a stamp--and something more universal and impactful--a donation to a good cause.
The Breast Cancer Research stamp was the first such stamp.  Issued on July 29, 1998, the stamp’s sales help fund both the National Institutes of Health and the Medical Research Program at the Department of Defense.  As of December 2014, the stamp has raised more than $80 million for breast cancer research.

The Postal Service’s other currently available semipostal stamp, the Save Vanishing Species stamp, was issued on September 30, 2011.  The USPS’s fourth semipostal stamp, it has raised more than $2.6 million for the U.S. Fish and Wildlife Service to support the Multinational Species Conservation Funds.

The lesson?  Think outside of your box: beyond your office, your building, your industrial park.  Creating a campaign, product, service, or offer that promotes awareness and support of a particular cause not only makes you feel good, but it also makes your customers feel good.  It creates hope for those affected by your chosen issue and better relationships between you and your market. 


Now that’s something worth collecting.

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