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Mailing List Matters
- 3. How to create and manage the single most important component of a successful direct mail program – the list. Presented by: Carly Brown
- 4. Introduction Direct Mail Works …because it’s targeted marketing Your mailing list is your targeting mechanism and the key to direct mail success: 40-40-20 rule Your mailing list: The single most important component of DM Can reduce costsand increase ROI at the same time Is worth the time and effort to manage Enabler of personalization and VDP www.click2mail.com © 2009 Click2Mail
- 5. Our Agenda First things first – defining your objectives Modeling - What is it? Why is it important? Options - how to build or acquire a list Buying a Mailing List – how does it work? List Quality Control – a postal perspective List Management - why bother? Wrap up and questions www.click2mail.com © 2009 Click2Mail
- 7. Your Marketing Objectives What am I trying to accomplish? Acquisition of new customers? Lead generation? Retention of existing customers? Direct order stimulation? The list you use should reflect your objectives www.click2mail.com © 2009 Click2Mail
- 10. Know thy Customer Who am I selling to? Who are my best customers? Why? Geographic - Where do they live? Demographic - What characteristics do they share? Age, income, gender, etc. RFM - Recency, Frequency, Monetary value www.click2mail.com © 2009 Click2Mail
- 11. Modeling What is modeling? Most likely prospects resemble Your best customers Why is it important? How do I do it? www.click2mail.com © 2009 Click2Mail Photos by: AnirudhKoul
- 13. BuildingYour List House Create your own house list using existing customers Prospect Referrals Prospects Website registrants Event registrants www.click2mail.com © 2009 Click2Mail Photo credit: Paul Keleher
- 14. Acquiring a List Types of acquired lists: Shared/Traded Obtain lists from another company or organization Rental SRDS – Standard Rate and Data Service www.srds.com Rent a list from an online list broker www.click2mail.com © 2009 Click2Mail
- 15. Choosing the Right Rental List Saturation Consumer Business New Movers Specialty www.click2mail.com © 2009 Click2Mail Photo credit: Erich Ferdinand
- 16. Compiled or Response? What is the difference? Compiled lists Response List Which one is the one for me? www.click2mail.com © 2009 Click2Mail Photo credit: TheBusyBrain.com
- 17. Buying a List How does it work? Am I renting or buying the list? How many times can I use it? www.click2mail.com © 2009 Click2Mail
- 18. What to Expect How much does a list cost? Saturation -> $0.01+/record Consumer -> $0.03 +/record Business -> $0.05 +/record Added costs for selects Minimums apply Added cost for multi-use www.click2mail.com © 2009 Click2Mail
- 19. Who Owns the List? List owner – Owns the data and hires the manager to represent the list. List manager – Promotes / rents the list List broker – finds best list options, clears the offer and the mail date www.click2mail.com © 2009 Click2Mail
- 21. Address Quality NCOA, CASS, DPV, ETC. Why are these important? Address Standardization Move Update requirements www.click2mail.com © 2009 Click2Mail NCOA DPV CASS
- 22. Database Management Why you need a house list and how it can be enhanced Why merge-purge and deduplication are important Keeping your list up to date How suppression can save money and embarrassment Response tracking and list updating www.click2mail.com © 2009 Click2Mail
- 23. www.click2mail.com © 2009 Click2Mail The Conclusion Direct Mail Works …because it’s targeted marketing Your mailing list is your targeting mechanism and the key to direct mail success: 40-40-20 rule Your mailing list: The single most important component of DM Can reduce costs and increase ROI at the same time Is worth the time and effort to manage
- 24. We Wish You Success Click2Mail.com Future webinars Sign up for our newsletter! www.click2mail.com © 2009 Click2Mail
- 25. Q & A Thank you! If you have questions, or for more information, visit www.Click2Mail.com, or contact us. Click2Mail Customer Support 866-665-2787 support@click2mail.com www.click2mail.com © 2009 Click2Mail