Database Marketing Services
The four principal direct marketing response predictors include:
1 Accurate targeting
2 The product
3 The offer
4 The channel
This page focuses on audience targeting using customer database marketing.
There is no greater response enhancement than the pinpoint targeting available to email and direct mail marketers with their direct marketing database. All direct marketing planning begins and ends with the direct marketing database.
Precision targeting comes from the results of the house-file transaction history.
A well-honed customer database creates a goldmine for knowledgeable clients. It also drives new customer acquisition by enabling the selection of highly responsive external mailing list segments.
Marketing database Intelligence assures accurate targeting.
Any worthy direct marketing agency has always been a database marketing agency at its core. B2B and B2C database marketing requires the skillful use of both the house files and external, rented files.
The targeting hypothesis is simply this: Find individuals or companies that resemble your past customers and inquirers and confine your promotion dollars targeting them. If you are targeting your best prospects for new customer acquisition, then learn all you can about your customers and past leads.
Successful direct marketers know how to use their house files to retain existing customers and cost-effectively find like individuals through rented lists.
Customer databases become more useful as they are enriched with external data. It is not uncommon to see internal marketing databases with hundreds of additional pieces of extracted data appended on each record from external databases. This is the first step to creating response models for email database marketing segmentation.
What primary data should you save to your relational database?
1. Initial contact date
2. Customer or inquirer designation
4. Salutation
3. Name and address
5. Lead sourced by channel code, channel, creative, offer
6. Lead source by referral name
7. Lead source by product or service
8. Contact points with dates
9. Contact notes with dates
10. Sales date for each transaction
11. Sales volume for each transaction
Tracking such information and inputting it into a computer database creates something more than a flat housefile. It builds a relational database that not only tracks customer demographic information, but transaction history. When properly analyzed, this data drives future direct marketing initiatives.
This means that accurate and complete data saved on the house file allows proper targeting and segmentation.