Archive for Data

Direct mail should be properly targeted

Tuesday, July 6th, 2010

6 July 2010

It is important that direct marketing professionals use data to target their campaigns as effectively as possible.

The latest Direct Marketing Association (DMA) fast.MAP data tracking study revealed that 57% of people would be tempted to unsubscribe from a mailing list if they were constantly sent badly-targeted correspondence.

Furthermore, 21% of respondents said that receiving unwanted letters would cause them to lose trust in a brand, making them unlikely to purchase their goods and services again.

Read the full article here:  Direct mail should be properly targeted.

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Direct mail ’should be based on sound business data’

Tuesday, July 6th, 2010

6 July 2010

Direct mail promotions should be based on solid business data to ensure they reach the correct destination, it has been suggested.

According to ONEPOST, firms should make sure their mailing lists and business data are properly checked, cleaned and verified before direct mail messages are sent out to recipients.

Read the full article here:  Direct mail ’should be based on sound business data’ | Marketscan.

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Manage your data correctly … or lose your customers!

Thursday, January 7th, 2010

Towards the end of 2009, a survey (carried out by Callcredit Information Group Marketing Solutions) revealed that 88% of UK consumers would change their attitude towards a company if they were mailed using incorrect data.

We have long championed the importance of ‘getting it right’ when addressing consumers with offers and this fresh survey certainly supports that view. In addition there are, of course, the environmental issues to consider with poorly addressed communications.

Other key findings from the survey include:

• 40% would never respond to any marketing communications if incorrect data was used

• 33% would lose confidence in the brand

• 15% would never buy from that brand again.

There is also a very important issue identified by the research – and that is the fact that 55% would not contact the company to update or correct their data. The more affluent the individual, the less likely they are to do this, with 70% of those having a household income over £40,000 and 61% of homeowners saying they would not bother.

Some worrying trends are also emerging in terms of the types of consumers who would be ‘turned off’ by a company’s poor data maintenance programme.

• Females would be much more likely to change their perception of the brand than males

• Older audiences appear to be especially affected, with the over 45’s age group being 5% more unlikely to respond to a communication than those aged 18-44

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Profiling improves return on investment

Sunday, June 7th, 2009
Would you expect someone with an £18k income to buy a £50k car?  Probably not!

So why market inappropriate products to your customers?

Profile your customers to find out what they like, improve their experience and increase your ROI.

Data profiling involves some very sophisticated maths …. at the first mention of ‘regression analysis’ most eyes glaze over.  But at its heart it applies the fundamental principle that similar people buy similar products.

The idea is to identify the type of people most likely to buy your product – by seeing who has bought it in the past and then purchasing new data with the same characteristics.

In the ‘early days’ the basic technique might be applied through mailing to neighbours of current customers on the, now perhaps old fashioned, assumption that similar people live in similar streets.

Widespread use of the postcode helped geodemographic profiling develop along with the appearance of ACORN (A Classification Of Residential Neighbourhoods). Designed as a tool for government planning, it quickly became one of the first of many computer systems to divide the country up into different groups, based on census information.

Soon bright boffins developed ways of profiling individuals, not just households. A mass of data has subsequently been added to the geodemographic foundation and is relatively easy to access.

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