May 30 2008
16 Tips to Finding and Using Mailing Lists Successfully
Learn from experts how to find and use the best mailing lists to make your direct marketing campaign a success.
Whether you’re new to direct mailing or have been at it for years, these tips will help you learn how to do the math, consider other factors such as packaging and presentation, and guide you in selecting the most effective lists and then tracking the results for further improvement.
- Do the Math – Plan your mail marketing campaign as an accountant would. Start by figuring out how much income and unit sales the project must generate to break even. Remember, it’s money that matters first; percentage response rate comes second. In other words, your campaign might actually be a big money maker, even if it has a low percentage response rate.
- Always Key Code, Record and Analyze Results – Assign a key code to each list, record and analyze the responses for each code. You’ll see which files are working better than others. Do this on every mailing. When email marketing, use coded links to a special order page in your web site. Many mailers do the key coding but neglect to record and/or analyze, so they never learn what works and what doesn’t.
- Test Everything Else, Too – Copy, package design, offer, pricing and timing are key elements that can also affect a direct mail campaign. Key code, record and analyze results of each change in your mailings.
- Be A Smart List Buyer – Keep in mind a few things when you’re ordering lists:
· One time use – Lists are for one time use only. The names
are the property of the list owner. However, mailers do
own the names of those individuals who respond to their
promotion.
· Be flexible – Direct mail lists offer many options;
however, all the bells and whistles may not be available
on every list.
· Samples – List Owner Links usually require a sample; even
if it’s just a rough sample of what you plan to send.
· Time – Many lists can be shipped in 24 hours. Others
may take a week or more.
· Minimums – Most List Owner Links require a minimum order of
5,000 names.
· Prepayment – Most list suppliers require prepayment
from first time customers.
