Select the right list broker for you
Use
a professional list broker whose competencies match the market
in which you specialise. They will have the impartiality, knowledge
and experience to help you avoid the pitfalls and maximise response
rates. Their advice is completely free of charge as they are paid
an industry standard commission by the list owners when you place
an order.
Data
accuracy
- Ask
your broker to find out the oldest record, average data age,
method and frequency of data maintenance.
- What
is the refund / goneaway policy?
- Is the
list registered under the List Warranty Register? Evidence of
registration will indicate that the list has been fairly obtained
under the data protection regulations and will make clear the
period of updating. Please however be aware that registration
is not a guarantee of response.
- Can
you receive some sample records to test the quality and accuracy
of the data? Be sure to make the accuracy of the sample records
a condition of your order. For b2b databases, why not try and
match on named accounts with which you are familiar?
- Get
your broker to ask for contact details of previous users and
be sure to check them out
- Always
look to evaluate your selection on the basis of recency in order
to elevate the accuracy of your selection e.g. compare the quantity
for 0-12 months versus 12-24 months for instance. For b2c lists,
is there a cheaper rate for the older records?
- The
Direct Marketing Association’s (UK) guidelines for unacceptable
levels of goneaways is 3%+ for responder lists and 6%+ for compiled
files. This applies to both b2b and b2c lists.
Never
assume
- Try to
avoid making assumptions as to the availability of your target
audience. For a b2b example, the number of corporate companies
in the UK is far lower than you would think. According to Dun
& Bradstreet, the actual number of companies who employ
in excess of 200 employees is just over 16,000 businesses i.e.
less than 1% of the universe. Additionally, the vast majority
of UK companies employee less than 50 employees, some 70% of
British companies to be exact. As with the b2b example highlighted
above, clients are often surprised to find how few contacts
are available in the top Socio Economic Groups. The most current
analysis reveals the following:
A = 3%
B = 20.6%
C1 = 27.5%
C2 = 20.8%
D = 17.7%
E = 10.4%
Equally,
the numbers of b2c lists, which enable you to select on the
basis of known (as opposed to inferred) income of say £100,000+
p.a., are remarkably few and far between. Our advice is simple,
get Harper Evans involved at an early stage. It might end up
saving either you or your client substantial amounts of money
through not over-ordering your print.
- Don’t
assume that the standard datacard holds all the information
on a given database. If you should have any queries, call us
as there will inevitably be information which we can not, for
a variety of reasons include on every datacard.
-
Don’t assume that every list owner can reproduce data
in a mail merge format. For instance, some list owners hold
their data in upper case only. Others are unable to separate
the name field in order to permit for the personalisation of
your campaign.
- Don’t
assume that all list owners will release their database directly
to you. Some may insist that it be mailed/broadcast via their
own bureau or by an independent mailing house. This is particularly
the case for publication based lists and email databases.
Be
sure to do the ground work
- Be sure
to check the various usage options to see what best suits your
requirements i.e. ‘one off’ mail or email use, mail
and email follow-up, lease the information for unlimited use
over say 6 or 12 months or even to purchase your selection outright.
- Ask
for a copy of the relevant terms and conditions before committing
to an order
Financial
implications
- Be aware
of the basic costs of data; one off rental ranges from £75/000
for entry level b2c data to £120-£225/000 for b2b
data, mail and telephone follow-up ranges between £175-£450/000,
12 month leasing £300-£1650/000 and minimum order
rates from £100-£1800 subject to the list used.
- Don’t
forget that if you are ordering in excess of 20,000 records
from any one list owner, be sure to ask your list broker to
negotiate a ‘net name’ agreement where you can receive
up to 15% discount off the rental value of your order.
The
campaign itself
- Test
different list selections, databases, creative treatments and
offers through A/B splits and keycodes. This is the only way
in which you can learn what works and what doesn't. Remember
the key words of successful direct marketing - TEST,
MEASURE, LEARN AND REFINE .
- Do
ask your supplier to mark or 'flag' selected records so as exclude
them should you decide to use the balance at a later date
-
Remember to build in extra time into your campaign deadline
to get both the selections and list orders right. This will
be helped through requesting an analysis of your selection based
on your key criteria. For example if you are organising a seminar
be sure to obtain a geographical analysis so that you can select
those areas nearest the venue. Counts / analyses usually take
between 1–3 days whilst orders are generally delivered
via E-mail within 1–5 days (up to 2 weeks for data from
outside the UK)
-
If using two or more databases, be sure to deduplicate. There
is nothing worse than when you receive two or more identical
offers from the same company. Additionally, if you have an in-house
suppression list, some list owners will be prepared to deduplicate
this against their own database in order to provide net new
records (usually for a minimal processing charge)
- Specify
what format you require, for instance C.S.V. or D.B.F. and confirm
how do you want the delivery of your order to be marked.
- Where
possible, do follow up your campaign within two days of it arriving
as this will immeasurably improve response. If budget or resources
are an issue why not consider following up a subset i.e. the
largest x thousand for instance. In addition to the potential
extra revenue that this activity can generate, don’t forget
the invaluable insight that you might gain from the non-respondents
and how this could benefit your next campaign.
- Don't
forget to include your sample mailing piece or telemarketing
script as the list owner will need to have it approved before
they will be in a position to release their data
Legalities
- Be
aware that unless you have purchased your database outright,
the copyright of the data will remain with the list owner until
such time that the prospects have positively responded to your
campaign(s). At which point, ownership will have been deemed
to have transferred from the list owner to your company (subject
to the list owners terms and conditions).
- Please
be sure to adhere to the legislative requirements of the MPS
(Mailing Preference Service), FPS (Fax Preference Service),
TPS (Telephone Preference Service), E-MPS (the globally administered
Email Preference Service) and the Baby MPS. (The Baby MPS is
a service which allows parents who have suffered a miscarriage
or bereavement of a baby in the first weeks of life to register
their wish not to receive baby related mailings.)
- Finally,
don’t forget to conform to the British Codes of Advertising
and Sales Promotion (BCASP) and the Data Protection Act at all
times.
Complete
the enclosed E-mail
form
confirming your campaign requirements and we will be only too
happy to provide you with a FREE and tailored quotation.
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