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Here
Are 11 Ways To
GET RICH WITH MAILING LISTS!
Although
different strategies may apply in different situations,
the following information regarding mailing lists is applicable
in most cases.
1.
People who have purchased products or services through the
mail are valuable prospects. A direct-response list will
consistently outpull a compiled list.
2.
The "hottest" names you can acquire are those
that have purchased something through the mail within the
last 30 to 90 days.
3.
To get the most for your money, you should review and clean
your name lists semi-annually (twice a year). Undeliverable
mailing pieces (in larger quantity) will
not make a favorable impression if you are renting your
list to other firms. They represent an unnecessary mailing
expense if you are sending out your own promotional pieces.
4.
An in-house customer list will outpull other compiled or
direct-response lists.
5.
People who live in urban areas respond to mail-order offers
to a lesser degree than those who live in rural areas. The
reason, in part, may be because shopping malls and other
conveniences are not readily available in rural areas.
6.
Use professional people who have made a career out of compiling
lists. List-broker consultants and other outside service
organizations are your best source for getting the right
list.
7.
Ten percent, or more, of your direct-mail budget should
be allocated for the development and upkeep of your list.
There is a limit, of course. But generally the more you
spend on maintaining a first-class list, the more money
you will take in. Ten percent, however, is the minimum you
should spend.
8.
If you have employees, you should delegate the responsibility
of maintaining your name lists to one or two designated
individuals if possible. Too many people working on the
same project can create disorganization.
9.
When developing a product, keep in mind that people in the
35-years-and-over age group buy mail-order offers at a considerably
higher rate than people under 35 years of age.
10.
Buyers who have purchased more than once through the mail
within a seasonal buying period will always outpull buyers
who have purchased only once within a particular seasonal
buying period.
11.
There are many different list categories. As many as 10
percent to 25 percent of names on a list may have to be
cleaned and updated every year. In the case of high schools,
vocational technical schools, and colleges, that turnover
rate would be 100 percent.
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