Before Columbia House's Penny Offer, There Was One From Reader's Digest

Share this content:
Regarding Tad Clarke's recent penny editorial, you must be getting a lot older if you can remember the Columbia House penny offer. I will do you one better.

In the 1950s, Reader's Digest decided to attach a copper penny to a subscription letter offer asking that the recipients add two more cents to pay for the 3-cent stamp.

The RD (Reader's Digest, not Robert Dunhill) representative told how the Digest had to contact the U.S. Mint in Knoxville, TN, or elsewhere to obtain the millions of pennies needed for the promotion. The only way to ship them was via a freight car on the railroad. The insurance was about $75,000, if my memory serves me correctly. Everyone thought they were crazy because it was never done before and it wouldn't measurably increase the response rate.

In response to being told they were crazy, they countered with a story about a man who had a flat tire outside an insane asylum. While changing the spare tire, he put the lug nuts into the hubcap. When rolling the spare tire from the trunk he rolled over the hubcap, spilling all the nuts into a sewer drain. Now he was in a heck of a fix, and he had no idea what to do.

A guy from over the asylum's fence suggested that he remove one nut from each of the other tires and use these to affix the new tire. It would serve the purpose until he got to a service station.

The driver did this and upon completion asked the man behind the fence why a man of his intelligence should be confined to the institution. The inmate replied, "I am in here because I'm crazy, not because I'm stupid."

So the Digest proved the value of the penny as history confirms.

Robert Dunhill, President, Dunhill International List Co. Inc., Boca Raton, FL


Next Article in Marketing Strategy

Sign up to our newsletters

Company of the Week

Brightcove is the world's leading video platform. The most innovative and respected brands confidently rely on Brightcove to solve their most demanding communication challenges because of the unmatched performance and flexibility of our platform, our global scale and reliability, and our award-winning service. With thousands of customers and an industry-leading suite of cloud video products, Brightcove enables customers to drive compelling business results.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above