Extra Steps Can Cut Bad Addresses to Lift Mail Response

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Bad address data continue to depress ROI for a significant chunk of direct mail marketers. For mailers struggling with bad addresses and deliverability, AccuList® suggests three remedial steps that go beyond standard merge-purge processing and USPS National Change of Address (NCOA) updating.

But first the good news for direct mail fans: The channel’s superior response and ROI lead 58% of marketers to plan expanded investment in direct mail across industries in 2023, according to a recent survey by Lob and Comperemedia. The bad news: 32% of marketers still worry about achieving response goals because of “bad address data.” 

So what can mailers do to cure this “bad address” problem?

#1 Check Individual Record Quality Before Processing

The initial step AccuList recommends is implementation of a data processing and quality control regimen before merge-purge, hygiene updating or appending of new data, whether for prospecting files or house files.  For example, first and last name on internal and external lists should appear in separate fields, along with the corresponding postal address in separate columns.   

At AccuList, our data experts begin by applying utility programs to individual records before standardizing them to find hidden duplicate or misspelled names, titles and addresses, or other deliverability issues. Next, we use the USPS Coding Accuracy Support System (CASS) certification on individual records to verify that each address matches with the right zip code and delivery route. 

#2 Correct for Multiple Deliverability Issues

The second step is to update mail files for multiple potential address and deliverability issues. Mailing files should be:

1) devoid of house file do-not-mail requests;

2) matched against DMAchoice (the Association of National Advertisers—ANA—mail preference service);

3) updated against USPS NCOA to meet Move Update requirements;

4) address-corrected to meet USPS Delivery Point Verification (DPV) standards; and

5) run against other public source databases for records not found with NCOA, such as deceased or prison addresses.

#3 Go Beyond NCOA

Because the USPS FASTforward or NCOALink represent only a portion of total US movers, a third step is to initiate more advanced mover hygiene.  At AccuList, we also access the most comprehensive public and private “Mover” databases commercially available to fill in the gaps. We can then identify a much greater number of postal addresses that are verified as Deliverable or Undeliverable As Addressed (UAA). 

In fact, this advanced hygiene allows us to identify up to twice the number of address changes versus matching addresses on the NCOA database. And we can not only confirm if the intended recipient is no longer at that address but help find the new address by comparing real-time information.

Via these extra data processing steps, marketers can eliminate duplicate names and addresses, avoid offending those who do not want unsolicited mail, reduce undeliverable mail and wasted postage, and earn postal discounts. An important “byproduct” of this process for prospecting mail is the identification of “multi-buyers.” You can mail them a second time, absolutely free, subject to list owner approval of your mail date and creative!

For more on AccuList data services, see https://www.acculist.com/merge-purge/ and https://www.acculist.com/advanced-data-hygiene/

Personalization, Omnichannel Strategies Drive 2020 Direct Mail

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AccuList’s direct mail marketing and mailing list clients embrace a channel that, despite perennial death notices, continues to outperform in terms of response, but mailers must also rely on evolving strategies for success in 2020.

2020 Success Depends on Data-Driven Personalization

Research consistently shows that personalization bumps up response. Most recently, in a 2019 NAPCO Research report on direct mail personalization, 44% of respondents saw personalized print marketing campaigns increase response by 16% on average, while Canon Solutions research found that adding a person’s name and other personalized database information (along with using full color) can increase the response rate of direct mail campaigns by up to 500%! So it’s no wonder that the recent Printing Impressions article by senior editor Toni McQuilken cites a number of leading marketing and print industry leaders stressing that data-driven personalization is the route to 2020 direct mail success. For example, Maureen Powers, president, Direct Marketing Group at RR Donnelley, asserts, “Personalization is more important than ever before, including with direct mail…We are using the direct mail channel to drive the customer experience through communications such as coupons and personalized offers. We’re also changing how we help our clients message their clients based on individual customer preferences and their point in the customer journey.” Likewise, Jim Andersen, executive chairman of IWCO Direct, stresses the shift toward variable data printing of smaller runs of targeted, personalized direct mail with digital tie-ins: “Today’s direct mail is more effective, relevant, and timely thanks to more sophisticated audience selection and segmentation. This technology uses digital print to personalize every component of a mail piece, including letters, inserts, cards, and call-to-action reply devices that connect the physical mail to an online, digital marketing experience.” 

Customer-Demanded Omnichannel Campaigns Mate Mail With Digital

For Andersen, mail personalization must be part of the omnichannel approach that customers demand today: “One of the biggest opportunities in the direct mail space is providing effective and efficient solutions to consumer demand for personalized, relevant messaging integrated across all channels. Insightful use of data, combined with the flexibility of digital print production, allows marketers to seamlessly integrate tactile marketing in their omnichannel campaigns.” Summer Gould, of Target Marketing magazine, has cited three already-proven ways to combine mail and digital:  1) online display ads that match direct mail data files to an IP address to target specific people by displaying cookie-free banner ads on web pages; 2) Facebook ads that match direct mail data with Facebook data to send targeted ads (see our Facebook Match services); and 3) e-mail matched with direct mail audience targeting to keep offers fresh, deliver response reminders and make added special offers (see our Digital2Direct services). The mail-digital mating can be taken even further to a union of programmatic automation with mail. Printing Impressions cites the example of Brodnax 21C Printers in Dallas, where Jim Singer, managing partner, describes their innovative program: “We take raw XML data to drive intricate, complex direct mail campaigns, including ongoing on-demand digital printing campaigns for local store marketing applications. Every night at midnight we get a massive amount of data, and the automated workflow we built for this programmatic offering” kicks in to generate direct mail campaigns and send them to production.

Data Quality Has Never Been More Paramount

These trends to more personalization and omnichannel integration rely on marketing data for segmentation and targeting, of course. Plus marketers must adjust for growing regulation of data security and privacy. All make data quality a top direct marketing priority in 2020. Yet too many marketers feel overwhelmed by the torrent of omnichannel “big data.” A Forrester Consulting 2019 survey revealed that, while 82% of companies place a high priority on refining data quality, more than a quarter of all marketing campaigns were hurt by substandard data in the last 12 months. Clicktale 2019 surveys of marketing and customer-experience professionals found almost a third of marketers don’t feel they’re effective at utilizing their web and mobile data, over half (54%) said they “don’t believe they have a strong understanding of their customers’ behavior across digital channels,” and 20% reported feeling like “they will never truly understand why their customers buy.” Check out this 10-step data-quality strategy from VisionEdge Marketing if you are looking for a place to start.

 

 

 

 

 

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Personalization and Privacy Trends Highlight Need for Data Strategy

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As data brokers, the AccuList team keeps a close eye on the many issues affecting the data strategies of our direct marketing clients. Data privacy is going to be one of those issues. While many of our U.S. clients are not affected directly by the European Union’s General Data Protection Act (GDPR), U.S.-based consumer-data privacy efforts have now resulted in the California Consumer Privacy Act (CCPA), with other states likely following that model and federal legislation on the horizon. Regulation is only one of the data complications facing marketers now that omnichannel data personalization has become essential for targeted response and ROI. So what strategies will help prepare for data market changes in 2020?

Data Privacy Demands Customer Focus Across Silos and Sources

Companies face complicated decisions when combining first-party data collection, user-level data from the big digital platforms (Google, Facebook and Amazon) as well as second- and third-party data in ways that balance consumer privacy with smart (and customer-demanded) personalization. A post in AdExchanger by Briggs Davidson, a senior manager at Deloitte Consulting, outlined some key steps for coping with a marketing data landscape that now includes regulation like CCPA. He advises starting with a focus on the customer in collecting, organizing, storing, and activating data across all silos that may need to meet data-privacy compliance, such as marketing and IT. Then when it comes to first-party data, prepare to shift marketing strategies to ensure consumers have a reason to share their data, delivering value to build trust. Davidson predicts creation of data clean rooms, or a separate analysis space for combining first-party data with platform-level customer data under strict privacy controls before usage. Marketers also will need an even closer embrace of media analytics to support a unified customer view, and use of new tools, such as Google’s Ads Data Hub. Finally, marketers will need multidisciplinary teams—for example Google’s upcoming restrictions on DoubleClick ID will boost the need for tech pros for unified customer views within Google—as well as partner collaboration in collecting and storing customer data.

Personalization Power Is Driving Marketing Data Trends in 2020

Hyper-personalizaton is expected to drive data marketing in 2020, according to a useful infographic put together by European digital platform firm Qualifio, which found that 83% of marketers say creating personalized content is one of their biggest challenges. Why? Because personalization now requires: 1) new tools to collect and analyze first-party data for compliance with data privacy regulations like GDPR and CCPA; 2) an omnichannel purchasing journey and analytics for a single customer view; 3) incorporation of new technologies such as voice search (50% of Google searches are expected to be voice searches in 2020); and 4) meeting rising customer standards for personalized promotion and service. In fact, 70% of the customers surveyed want an immediate response to their questions or complaints, which is fueling artificial intelligence  (AI) and machine learning (ML) initiatives. Marketers surveyed are already moving to meet personalization challenges, with 78% of European companies completing a GDPR compliance assessment and 65% using omnichannel efforts to personalize customer journeys, per Qualifio’s data. For those U.S. marketers still hesitating to commit to personalization, check out these statistics on improved response, ROI and brand loyalty for e-mail, mobile, e-commerce and digital ads. Direct mail personalization, from name-only to variable images and text, has a proven track record of success, too; in fact, a 2019 survey by NAPCO Research found 44% of responding marketers said personalized direct mail increased response, on average, by 16%.  

Data Quality Key to Privacy, Personalization, New Tech Initiatives

Data quality will be even more key to data strategy in 2020. It is paramount in meeting consumer data privacy regulations, for example, where validated contact data is required to avoid consequences ranging from compliance penalties to brand damage. Effective omnichannel, targeted marketing also requires data quality. A Forrester Consulting July 2019 report revealed that while 82% of companies place a high priority on refining data quality, more than a quarter of all marketing campaigns were hurt by substandard data in the last 12 months. Plus, the high-tech analytics and artificial intelligence (AI)/machine learning (ML) that marketers count on to boost personalized customer interaction also depend on data quality. A majority of enterprises engaged in AI/ML initiatives (78%) say these projects have stalled—with data quality as one of the culprits for 96%—according to a new study from Dimensional Research. That’s why CMO Kristin Hambelton, of Marketing Evolution, urges marketers in a recent Forbes magazine post to take these basic steps for improved 2020 data quality: 1) prioritize data quality and create a comprehensive initiative that includes not only processes and technology but defined positions responsible for data verification, collection and cleansing policies; 2) define and verify high-quality data in terms timeliness, completeness, consistency, relevance, transparency, accuracy, and representativeness; 3) organize disparate data sources with unified marketing measurement, breaking down silos to develop a holistic customer view across sources and channels, and to form actionable insights. 

 

 

Make Clean Data a Top Priority for Effective B2B Marketing

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As business-to-business marketers craft their fiscal 2020 budgets, it’s important that complex issues such as analytics, automation or AI do not distract from a core investment for achieving ROI: clean data. Certainly, AccuList stresses to all its list hygiene and management clients, whether for house lists or rental prospecting lists, the importance of data quality for targeting and response, and a recent blog post by b2b data management firm Synthio confirms the basic steps for data hygiene.

Start With a Clear Data Plan

When 94% of B2B companies suspect inaccuracy in their databases, any marketers who do not prioritize data hygiene have their heads in the marketing sands.  That starts with a data plan. A good data plan will decide on the data-quality key performance indicators (KPIs) needed to achieve business goals. The plan will survey existing contact and account data and determine how to measure health in terms of data accuracy and completeness and how to maintain data hygiene tracking on an ongoing basis. It will look to see if there are important parameters for KPI success that the existing data does not address.

Standardize, Validate and De-Dupe Contact Data

What are the basics of data health and hygiene? Before cleaning data even begins, marketers need to check that important contact data at the point of entry or download is standardized. This will make it easier to catch errors and duplicates and to merge data from multiple sources. There should be a standard operating procedure (SOP) that defines fields, formats, and entry or upload processes to ensure that only quality, standardized data is used. The next step is to validate the accuracy of the data. Although a manual process might work for a small database, and there are tools and imported lists for cleaning data, advanced data hygiene is probably best handled by experts like AccuList, which can match contact addresses against USPS verification standards and change of address databases as well as update e-mail address changes. With standardized, validated information, data sets can be seamlessly merged and purged of duplicates. Why worry about duplicates? Duplicate records hobble CRM efforts, waste dollars in marketing campaigns, undermine the Single Customer View essential for targeting and response tracking, damage customer relations and brand reputation, and result in inaccurate reporting that can mislead marketing strategy.

Append Missing Data Parameters

Most b2b house databases have data for each record, such as contact first and last name, e-mail, company name and business address. But complete data for all records may be spotty, and some desired data may be missing altogether, such as title, phone number, company annual revenue, tech stack, purchase history, etc. Wouldn’t it be great for targeting and response to fill in the blanks? Data appending can enhance a house file with hundreds of variables from outside lists, including business “firm-ographics” on revenue, industry, employee numbers, etc.; opt-in e-mail, and telephone numbers. Self-reported LinkedIn data is another source that can be used. For more detailed data cleaning tips, see Synthio’s full article.

Basic Steps Help Maximize Direct Mail ROI

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Industry data shows that direct mail is still relevant and effective in this digital era, which is why clients continue to come to AccuList for its expertise in targeted direct mailing lists and data services. While postal mail wins a higher response rate than other direct marketing channels, its higher costs also intimidate those wary of ROI stumbles, so as marketers begin to prepare 2020 budgets, we’ll pass along some key tips for making “the most of the post” from Chief Marketer.

Keep It Clear and Simple—With a Wow Factor

Anxious to pack in maximum value for the cost of postage, direct mailers can create counterproductive pieces. Long-winded content and pieces crammed to the gills with words, images and multiple messages actually can create confusion that drives recipients away rather than calling them to action, the Chief Marketer article warns. Instead, use white space judiciously to highlight key content, keep messaging direct and simple, and make the offer and call to action clear and easy to follow. If you have multiple messages, consider multiple mailings. On the other hand, don’t be afraid to think big and out-of-the-box. Look for a wow factor that will stand out amid mailbox clutter. Oversize or dimensional mail pieces, promotions ranging from a personalized item to a free report, or an overnight envelope that sparks open-me urgency are examples that have proven effective in boosting response.

Focus on Quality Lists and Targeted, Personalized Content

Direct mail success starts with clean, up-to-date list data and selective targeting of prospects or customers. Just choosing the right targets is not enough, however. They must receive the right message. Marketers should use demographic, geographic and psychographic parameters to segment lists and then variable data printing to craft personalized content to send the right message to the right audience. Chief Marketer cites the marketing strategy of healthcare insurer Blue Cross Blue Shield of Michigan, which works with PFL marketing/printing and Salesforce Marketing Cloud to score its membership based on various criteria and then sends a tailored direct mail piece likely to drive engagement to each member. 

Test and Track to Maximize ROI

Trying to reduce mail costs by skimping on testing—whether of list, creative or offer—is sure to backfire in terms of ROI, warn the experts, especially when introducing a new brand, product or creative. Always test to optimize response before risking the cost of rollout. Also, failing to track mail response across channels, especially in today’s multichannel world, will compound ROI risks. Before you mail, consider how you will measure ROI, such as visits to a unique URL, calls to a dedicated 800 number, mailed reply card, or other response device, advises the article.


Plan How Mail Fits With Multi-channel Branding

Direct mail today rarely exists in a vacuum. Marketers simultaneously support promotions via websites, e-mail, social media and even TV. Before launching a direct mail campaign, decide how postal mail fits and interacts with other channels and branding initiatives. Make sure direct mail messaging is consistent with cross-channel efforts and brand identity. For more, see the full post of Chief Marketer tips.

Make Sure You Have a 2019 Data Hygiene Plan

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As marketers prepare to launch their 2019 campaigns, they should make sure that a complementary data hygiene plan is in place, and certainly AccuList USA data services stand ready to aid in ensuring the quality, up-to-date, enriched data essential for achieving marketing results.

Why Does Clean Data Matter?

Marketers don’t want to join the 88% of U.S. companies whose bottom lines are hurt by dirty data, based on Experian research. The top areas impacted by poor data practices are marketing (66% of companies) and lead generation (80% of companies), according to DemandGen. Dirty data leads to poor targeting and ROI for marketers, reduced revenue from customer acquisition and retention, wasted company resources and misdirected strategy. To avoid that fate, marketers need a plan to regularly fix any customer and prospect data that is incorrect, inaccurate, incomplete, incorrectly formatted, duplicated, or irrelevant, plus to enrich the database via appending of relevant but missing customer parameters.

Developing a Data Cleansing Strategy

Pete Thompson, founder of DataIsBeauty.com, has put together a useful primer for developing a data hygiene plan. Start with the basics: Decide what data is important for business decisions and estimate the ROI of data quality improvement. Then review existing data processes: types of data captured, where it comes from and how is it captured, the standards for data quality, how errors and issues are detected and resolved, etc. Other questions include the main sources of errors, methods for validating and standardizing data, methods for appending or combining multiple sources, automation used if any, accountability for data quality, and measurement of data ROI.

Key Elements of a Data Hygiene Plan

Without going into detail, the basic steps of the data plan will start with creating uniform data standards, preferably applied at the point of data capture. Then develop a data validation process, applied either when data is captured or, if that is not possible, at regular intervals for data already entered. After data has been standardized and validated, you can append missing fields by cross referencing with multiple data sources. Streamline the process through automation tools and scripts, saving time and money and reducing human errors. However, while it may be tempting to start with automation, Thompson cautions against putting the cart before the horse; success requires having data standards and a proven validation process in place before automating. And then set up a monitoring system of the hygiene process, whether automated or not, via random test samples and back testing, and implement periodic checks.

For regular monitoring, or overall scrubbing without an automated regimen, experts suggest a quarterly hygiene review for databases of 100,000 records or more, and semi-annual cleaning for smaller databases. Based on our own years in the data business, we think the best advice from Thompson and other experts is to enlist the services of data processing pros when hygiene is due!

Check out more details from Thompson’s data hygiene plan.




Weaponize B2B Data for 2019 With These Tactics

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Targeted, clean data is a key deliverable of AccuList USA’s data services and list brokerage efforts for business-to-business marketing clients. And as those clients prepare their 2019 plans, we urge them to take basic steps to ready their data-driven marketing for maximum performance. A Martech Today post by Scott Vaughn sets the stage by recommending five essential data-oriented strategies for B2B.

Precisely Defined Audience Targets Using Clean Data

Good response and conversion depend on identifying and engaging the right audiences, meaning the right companies and the right decision-makers within those companies, Vaughn reminds. To target that right audience requires processes for capturing critical data about prospects, customers and their purchase journey with precision, he asserts, and recommends a strategy of starting with a smaller universe of accounts and roles to more precisely define best targets–and then testing and using advanced strategies, such as predictive marketing and intent-data modeling, to expand to more accounts and buyers. But that kind of data targeting only works if marketers are looking at quality data, so data hygiene is another necessity. When a recent DemandGen survey finds that more than 35% of the data in existing databases is unmarketable on average, avoiding wasted dollars means instituting a “get clean, stay clean” data-hygiene effort for 2019, Vaughn urges. The hygiene regimen should include regularly auditing of data-capture processes and sources, using filters before data can enter the database, and maintaining a cleansing process to eliminate records that are invalid, non-standardized, duplicate or non-compliant.

Permission-Based Trust and Speedy Follow-up

Because today’s buyers are leery of companies and brands that don’t treat their information with care and because stringent data-privacy laws are being deployed around the globe, B2B marketers must have a proactive permission-based marketing plan for their data, warns Vaughn That includes asking for opt-in everywhere and having very visible, clear explanations of how behavioral data, such as website cookies, is used. Meanwhile, prospects and customers have not only come to expect data privacy, they have become used to the rapid, real-time response of the digital market. Yet for many B2B campaigns, it takes two or three days to follow up on a lead or inquiry, or even seven or eight days just to get leads loaded into marketing automation or CRM software! Vaughn proposes a concerted effort to speed data handling by identifying areas where data can be routed faster and reaction time reduced and then initiating sales and marketing training on speedier handling at each stage of the customer journey. That’s why many executive teams now prioritize a measure of “pipeline velocity,” meaning the time from when an opportunity is created to when the deal is closed, to improve revenues.

Agreeing on Measurements That Matter

Accurate, targeted, speedy data processes don’t automatically result in ROI improvement, however–not if data analysis ends up focused on the wrong metrics. Vaughn reports that high-performing marketing teams use insights with these key ingredients: agreed-upon key performance indicators (KPIs); tools that can measure performance; and easy-to-use dashboards that can help all stakeholders (marketing, sales, execs, etc.) make smarter decisions. For his complete article, see https://martechtoday.com/5-essential-strategies-b2b-marketers-must-master-in-2019-228066

Industrial Marketers Bet More on 2018 Direct & Digital

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AccuList USA has a long track record of helping warehouse, industrial and back-office product marketers via data brokerage, predictive analytics and multi-channel direct marketing, and we’ve learned some important lessons along the way.

Industrial & Tech Marketing Budgets Expand in 2018

The good news is that many industrial marketers were inspired to expand investment in 2018. According to the “2018 Budget Trends in Industrial & Technology Marketing” report published by engineering.com, industrial marketing budgets in 2018 are expected to hit “the highest levels of growth (45%) and the lowest reported levels of shrinking budgets (4%), of any of the last five years.” More than half (54%) of manufacturing marketers expect their budget to be larger in 2018.

Quality, Targeted Data Is Key to B2B Direct Marketing

But expanded multi-channel spending still needs to be smart spending. As data brokers, we can’t overemphasize that successful B2B direct marketing–including direct mail, print catalogs and e-mail campaigns–starts with quality, targeted data. Marketers can boost response by using predictive analytics and buyer profiles to target–and then opt for the rental lists of active product inquirers/buyers that our proprietary list research finds to be top performers in each vertical. Targeting the right message to decision-makers in the buying process is also key; with product and industry factors affecting whether to select a chief engineer, purchasing manager, warehouse manager, human resources chief, or C-suite executive in mailing lists.

A Digital Strategy Is Now Essential for Leads and Sales

While direct mail continues its response leadership, there’s no denying that most B2B buyers are digital shoppers today. Research by Acquity Group finds 94% of B2B buyers say they conduct some form of online research before purchasing a business product, for example. Forrester Research has found that 59% of B2B buyers prefer not to interact with a sales rep, and 74% find buying from a website more convenient. That makes digital catalog sites into essential sales tools, giving customers the option to browse product, pricing, and inventory information in real-time and then self-serve. Of course, online traffic-building requires a good search engine optimization (SEO) strategy given that 73% of global traffic to B2B companies comes from search engine results. But most successful B2B marketers also invest in paid digital efforts. In fact, a 2015 study by Content Marketing Institute, MarketingProfs, and Fathom found that manufacturers ranked search engine marketing highest among paid marketing options in terms of efficacy (52%) and promoted social media posts came in second (39%).  For social media ads, B2B marketers see video as a top response tactic, which is why manufacturers in the study ranked YouTube as the most effective social media site, followed by LinkedIn ads, which AccuList USA supports. Take a deeper dive into the core elements of digital industrial marketing with this post by gorilla76, a B2B consulting firm.

 

 

 

B2B Event Marketers Miss Out With Slow Lead Follow-up

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When business-to-business marketers successfully build event attendance and booth traffic to maximize lead generation, they are disappointed and baffled by a smaller than expected sales harvest. One of the reasons for poor lead conversion, as it turns out, is a simple lack of timely lead follow-up! With better systems and planning, we hope AccuList USA’s trade show and conference marketing clients will outdo the benchmarks for post-event lead processing revealed in a recent study by Certain, an event automation provider.

Sluggish Lead Prep, Tech Gaps Delay Follow-up

As reported by Direct Marketing News, Certain found that just 2% of the 150 B2B marketing-decision makers surveyed said they follow up with event leads the same day. A quarter follow up in one to three days, 29% follow up in four to six days, and 27% follow up in seven to 13 days. And another 12% said this process takes two to four weeks, with the slowest-moving 6% saying it takes them more than a month to reach out! Why are almost half of those surveyed taking more than a week to contact prospects? Lead processing is a key problem, with 57% of the study’s participants saying it can take hours to manually get leads “sales ready” for follow-up, and 23% reporting that the prep process takes a few days. Surveyed marketers blamed the sluggish prep time on a variety of reasons: 23% of respondents cited lack of technological tools, 15% blamed lack of organization, 11% claimed the delay was intentional, and 7% admitted to simple procrastination.

Slow Lead Follow-up Has Real Costs

Unfortunately, correcting slow lead processing doesn’t seem to be a priority with many marketers. The Certain study found that despite generally slow lead processing, 72% of respondents are “somewhat” or “completely” satisfied with their lead follow-up time.  That complacency has a cost that marketers are ignoring, we would point out. Most event marketing pros urge a 48-hour follow-up window to try to stay ahead of competitors. In fact, according to a study from InsideSales, 30% to 50% of leads are closed by the vendor who follows up with them first. Slow lead processing also can result in a smaller harvest of contacts post-event. For example, while a quarter of those in Certain’s survey expect to contact 200-999 leads per event, that is balanced by another quarter expecting to reach only 10-49 leads. E-mail is the main form of follow-up, per Certain’s survey of marketers; 52% of respondents rely on this channel first to reach leads. Some professionals do initiate follow-up via phone (23%), social media (18%), or direct mail (7%). No wonder 96% of those polled are focused on adding leads’ e-mail addresses to their databases for future campaigns.

Unhappy With Event Data Collection? Join the Crowd

Even if their lead processing is speedy and they succeed in gathering e-mail contacts, marketers are generally dissatisfied with the quality of their lead data. Clearly, successfully tailoring sales pitches to leads requires more than a name and e-mail address. In Certain’s study, 82% of participants said they wish they captured more information about each individual lead at their events. The method of data collection is one issue. In collecting data at events, the largest group, 42%, said they rely on manual data entry through computers or tablets, followed by 31% who turned to business cards and sign-up sheets, and 27% who relied on electronic scanners.

For more on the Certain’s event leads study, see the DM News article.

 

 

Smart List, Mail Design Choices Help Save on Postage

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Direct mail has higher average response rates than digital choices, but maximizing mail ROI requires cost efficiency, especially in the postage realm. Good list selection and hygiene are key to avoiding mailing waste, and this is one area where AccuList USA’s expertise in targeted mailing lists selection and data services can certainly aid clients. Another important factor in controlling postage costs is mail package design. An article by Target Marketing magazine’s Summer Gould offers a great summary of how smart choices in lists and design can add up to savings.

Targeted, Clean Lists Cut Postage Waste

If you are sending mailings to the wrong people, people unlikely to be interested in your offer, lower response rate and cost inefficiency will be reflected in poor ROI. Using tools from predictive modeling to customer profiling to segmentation can improve list choices and targeting parameters. Plus, AccuList USA’s proprietary list research can help clients find the top-performing lists for their specific vertical market. But no matter how data is targeted, dirty data with duplicates, errors, invalid addresses, and old demographic or purchase history information will create costly delivery failures and misdirected waste. That’s why AccuList USA goes beyond list brokerage to provide expert merge-purge services that combine and standardize data in order to eliminate duplicates, identify and correct old or undeliverable addresses, verify zip codes, and maximize postal discounts. In fact, by comparing names and addresses to real-time information on multiple public and private databases, AccuList USA offers an advanced hygiene regimen that is able to identify and correct twice as many addresses as standard USPS FASTforward and NCOALink use, which only represent a portion of U.S. movers and undeliverables.

Careful Design Wins Postage Discounts

USPS offers postage discounts to mail pieces that are not only addressed correctly but also designed for processing on automated equipment. For mail to qualify for the lowest postage rates, the mail piece needs to be at a letter size, which is a minimum of 3 ½” high by 5″ long and a maximum of 6″ high by 10½” long. Larger mail pieces fall into the flat category, which can cost more than twice as much per piece as a letter. Plus, to take advantage of automation, the piece must by rectangular, with an aspect ratio (length divided by height) of 1.3 to 2.5. Mail pieces outside those ratios could cost twice as much in postage. Then the addressing and barcode block on letter size mail must fit into the USPS OCR read area to avoid additional postage. For tri-folded self-mailers, the address must be on the center panel to qualify for discounted automation postage. Naturally, weight matters.  Keep the weight of a folded self-mailer under 1 ounce; if the piece weighs over 3 ounces, it must go in an envelope. Thickness counts, too  If a mail piece is less than 0.009″ thick, it costs more in postage. On the other hand, the  maximum thickness for letter size mail is ¼” and for flat size is ¾”. The best advice is to consult with your mailing service provider about any new design in advance. For more, see https://www.targetmarketingmag.com/post/save-money-postage/