Getting
the mailing list right is vital. Basic mailing lists simply include names,
addresses, job titles, and telephone numbers of customers and prospects. The
basic list can be refined by adding information about buying patterns,
lifestyle, and many other factors. This will provide a comprehensive picture of
customers and prospects.
Verify All Internal Sources of
Information
Your
customer records are probably your most valuable asset as they invariably
generate the highest response rates when they are mailed with relevant
information.
The most
important sources are:
- Customer records;
- Customer correspondence, including records of
complaints;
- Warranty records;
- Service records;
- Sales prospect files;
- Sales force reports;
- Records of lapsed customers.
Simple
segmentation of your internal lists might give you categories such as:
- Customers who have bought in the last six months;
- Lapsed customers;
- Customers who spend over $X a year.
Add External Sources of Information
Your
internal lists are likely to yield high response rates. However, if you are
moving into new market sectors, internal lists may not provide the information that
you need. External lists are available from a number of different sources,
including list brokers, magazine publishers, directory publishers, trade
associations or professional institutes, commercial organizations, and
retailers. To achieve a high response rate, check how closely the list matches
your customer profile.
Contract a Special List
Standard
lists may not give you the degree of match that you need. The successful
preparation of a tailored list is directly related to the quality of the brief,
and you should provide the supplier with a detailed description of your target
audience.
Keep Refining Your Lists
- Make sure that the list is
kept up to date with new customer and prospect data.
- Include coupons and other
reply mechanisms with every form of communication, and add the responses
to your lists.
- Encourage the sales force to
provide up-to-date customer and prospect information.
- Maintain an active search
program in appropriate Web sites, magazines, and newspapers to identify
new prospects for your list.
Check the Accuracy of Lists
To improve
response and reduce waste in your mailing campaigns, it is important that your
lists are regularly checked for accuracy.
The two
main problems are:
- Duplication, where the same individual appears several times on
the same list, possibly in different guises;
- Out-of-date information, where the original recipient
has move, or, for business mailings, changed jobs.
Use Personalized Letters
Personalized
one-to-one mailings are an ideal form of communication for companies with
detailed information about their prospects. The letter reflects the
individual’s main interests and concerns with the offer tailored to that
person’s prospects. Subsequent mailings can build an individual relationship
with the prospect.
If the
database or mailing list holds complete names and other information, direct
mail letters can be personalized in a number of ways – name in the address and
greeting or throughout the text.
Use Telemarketing
Direct
mail response levels can increase significantly when telemarketing is used. It
offers a wide rang of benefits, being:
- Selective: contact can be initiated and maintained with a
selected group of customers and prospects;
- Precise: the calls can be targeted;
- Flexible: the offer and message can be varied;
- Fast: calls can be made immediately, provided that the
contact is available;
- Responsive: telemarketing is interactive; therefore, it
encourages response;
- Measurable: the effectiveness of a telemarketing campaign can be
measured precisely.