Hire a List Broker For Your Marketing Needs

If you have a business and wish to see more results, a list broker might be exactly what you are looking for.

List brokers are agents that help businesses carry out direct marketing campaigns. Many times a list broker acts as the middle man in matching businesses with lists of people who would be most interested in the product the business is offering. List brokers also give valuable information about price guidelines and other consultation about purchases lists of data.

Direct marketing is a form of marketing that is individualistic in that it first takes marketing to a much more direct level. Rather than putting up billboards or signs, direct marketing lists are provided to businesses, which in turn use them to send out mail, emails and at times telemarketing. Direct marketing also revolves highly around track able and measurable positive responses from consumers. Many times the form of advertisement will require a direct action taken by the consumer such as a phone call or a visit to a certain website.

Direct marketing lists can prove extremely helpful to businesses in that they provide real results that are tangible. If a company sends out 10,000 mailers and receives even just 100 replies, the 100 replies is a measurable number. With indirect marketing, it is much more difficult to calculate the efficiency of the company’s marketing strategies.

Hiring a list broker for your company can be extremely beneficial in that they will help you create a direct marketing list that will cater to your exact needs and specifications.

How to Develop the Right Direct Marketing Mix For Your Business

Direct marketing is a type of marketing that communicates directly with the prospect or customer. It should have a clear call to action and is often measurable. It is generally used to acquire or retain profitable customers. There are a number of different channels available to you, each offering different benefits and costings.

Direct Mail

Every household in the modern world no doubt receives several mail shots per year. This is often referred to as junk mail generally because many people don’t like receiving it through their letterbox. Because of this negative connotation it is critical that any Direct Mail that you send is highly targeted and personalized. The more personalized and relevant your mailing is, the higher your response rates will be. If you have a large customer base, it is beneficial to segment them based on the data you hold about them. This way you can try and personalize your message to that particular group.

Within your letter you need to have a clear call to action so customers know how to buy your product or service. If you are a complete beginner it would be beneficial to employ a creative agency to support you, however this could be costly.

The biggest advantage of Direct Mail is that it is completely measurable so you can track how it is performing incrementally. You would need to set up a no contact control cell within your mailed population in order to understand who would have bought your product anyway. In terms of cost, Direct Mail is generally more expensive than online channels due to the postage costs so it is probably an option for a more established business with a larger marketing budget.

Door drops

Door drops are less targeted mail shots or flyers delivered through your letterbox. They are not addressed to the householder personally. You will have seen local takeaway and taxi cab firms use door drops and they can be effective as a localized marketing strategy for acquiring new customers. If you can offer a discount this will increase your response but don’t expect to see great results.

Telemarketing

This is another form of direct marketing that can be intrusive so proceed with caution. There are outbound and inbound options depending if you call the customer or they are calling you. You must ensure that you have permission to contact them by phone otherwise you could be breaching data protection laws. It is beneficial to position the call as a courtesy call prior to offering any product or service. This will put customers at ease and make them more receptive to talking to you. This can be an expensive channel as you have the network charges to cover as well as staff if you don’t have time to make the calls yourself.

Email marketing

Email marketing follows the same principles as direct mail in that you are mailing to your prospects or customer base. Again this is a measurable channel and is cost effective as you don’t have the postage costs to consider. The barrier to email marketing can be the filters that classify emails as spam. This could mean that your prospects don’t actually receive your email. This channel is a great way for you to connect with your customers or prospects and offer them real value.

Direct Sales

Direct sales is not specifically direct marketing as it generally involves sales agents selling your product or service but it is another option for your marketing mix. You could employ a direct sales agency to sell your product on your behalf for a fee. This channel can be cost effective if you have the right staff and a relevant offer for the customer.

These are a handful of direct marketing channels to consider when you are planning your marketing activity. Each one has their own merit depending on your objectives for your business and your budget. Always bear in mind that it is important to have more than one marketing channel in your portfolio in case you start to see a reduction in your response rates. This can often happen when you are in a saturated marketplace.

Boost Your Direct Mail Response Rates with Mapping Technology

On Superbowl Sunday, Domino’s Pizza delivered more than 900,000 pizzas–and mapping technology helped. How do 60,000 pizza outlets serving 3 billion pizzas per year compete in an industry where reputations and dollars are dependent on “fast, hot and delivered to the door?” Global Positioning System (GPS) technology!

Here’s how you can use this great invention to increase your direct mail results–even if you’ve only got one store with local customers.

GPS may be mapping from outer space, but desktop mapping technology can be a “weapon of mass destruction” for competitive marketers. With it, you can visualize your database information to see patterns that have a geographic component. For retailers and service businesses, that translates into “Which locations or neighborhoods am I best positioned in to serve my customers?”

Retailers typically serve a trade area of up to 10 miles. Service companies like to set up “routes” to maximize their travel time. By seeing a visual of your customer data, it’s easy to see where you should bulk up your marketing efforts and where you should scale back–neighborhood by neighborhood–instead of by zip code, which is the way most companies think of their target area.

Rather than sending mail to “everyone in a 3-mile radius,” marketers can use mapping to analyze demographic trade areas at a finer level, such as carrier routes, zip+4′s or Census Block Groups, to monitor their return on investment. Eliminate underserved areas, and you’ll decrease advertising costs and increase results!

Future mailings can suppress weaker or non-responsive neighborhoods and increase mailing quantity to “like” demographic areas, resulting in a mailer’s dream: Fewer mail pieces, more results. You can even overlay demographic information, such as home value, income, business population, etc., onto these newly mapped areas for an additional layer of intelligence.

Competitive Analysis

Mapping is also a solution for competitive analysis. By plotting yours and the competition’s store locations, then profiling the markets for age, income, home value, zip code penetration, etc., you’ll find kernels of truth that can lead you to an offensive marketing strategy or better site selection.

Mapping can be a valuable tool even when the business’s only marketing asset is a customer list of names and addresses without transaction (purchasing) information or anything else because critical geographical information can be appended and then analyzed. Franchisors and chain stores rely heavily on mapping technology to assign territories and drive customer traffic based on natural and man-made barriers (highways, rivers, bridges, etc.). Business marketers can improve “inquiry to closing” rates, plan sales calls more effectively, realign sales territories and measure sales force activities.

Mapping projects can be performed “in-house” with a relatively inexpensive software purchase of approximately $300-$400 or projects can be hired out for more sophisticated results that link back to spreadsheet or database information for ongoing analysis and can cost from $50 – $2,500. Whether your business delivers pizzas or manages a dealer network of 1,000 HVAC technicians, mapping technology can add a visual dimension to data analysis that is often more understandable than spreadsheets and graphs.