Showing posts with label demographics. Show all posts
Showing posts with label demographics. Show all posts

5/22/2014

Mining a Mailing List for Gold



Most people see a mailing list as a simple collection of names and addresses. We see a mailing list as an opportunity to know your customers or recipients better. This knowledge makes it possible to focus your message, promotions or appeals to match and provide more value to the recipient. And, making your communication valuable is key to increasing response rates, selling more products and services, receiving more donations, acquiring new customers…whatever your communication goal might be. In the following, we explore some of the “gold” you can get from your mailing list.

Geographic Location – The town or city and street addresses provide you details such as the school district, local schools, voting district, fire and tax districts, cable, water, sewer and utility companies, etc. for those addresses.

Location Demographics – While a town/city and street addresses provides specific information about locations they also give a reasonable idea about the demographics of those living at those locations. For example, it’s easy to identify the relative affluence of neighborhoods or different areas. This information then suggests with reasonable certainty characteristics such as minimum annual income, typical education level, home value, etc. Regardless the business, this if often very valuable to identify target audiences or target areas.

Residence type – Residence type (apartment versus single family home) often provides good clues about a person’s lifestyle. For example, apartment dwellers typically do not own lawn mowers or have need for landscaping, roofing, plumbing or electrical services. The opposite is true for those living in single family dwellings. Addresses that include “Apt.”, “Bldg.”, “Unit”, etc. are most likely apartments and may be identified as such by the USPS address processing software.

Prefixes – Prefixes can tell you about the recipient’s gender, likely marital status, education level and occupation. “Mr.”, “Mrs.”, “Miss” and “Ms.” are dead giveaways for gender and potential indicators of marital status for women (don’t take the marital status as a certainty, however). “Rev”, “Fr” (Father), “Dr”, “Atty”, “Prof”, Hon (Honorable) and the whole gamut of military ranks provide good clues about occupation and possibly education level.

Suffixes - Suffixes are sometimes called post nominal letters meaning “letters after the name”. They might start to look like alphabet soup, but they can tell you a lot about the recipient. Some common suffixes include “J.D.” and “Esq. (lawyers), “MD”, “OD”, “DO” and “DMD” (doctors), “CPA”, “CMA” and “ABA” (accountants)…and there are hundreds more! Suffixes provide very specific detail about occupation and education level which can be assumed to a relative gauge of income level and other characteristics.

Gender – Having a gender field (male/female or M/F) in a mailing list is a huge benefit since gender is a major differentiation for many communications. It might be sexist, but very few men like to shop for women’s undergarments. Similarly, not many women shop for hi-performance truck accessories. If your mailing list doesn’t have a gender field, there are techniques for creating one from the addressees’ names.

Do you ask customers about their mailing lists? Some of them might be quite interested to know more about their customer base or their market. This information helps determine if they are sending the wrong message, sending to the wrong audience or missing a key element to get more attention or business. You simply can’t know without mining the gold from a mailing list.

We can help you with this. PrintShopMarketing.com

6/15/2013

Kicking the **** Out of Salespeople



Pity the print salesperson…when they regularly get the [insert expletive] kicked out of them by their supposed customers. How anyone can do this on a daily basis is something of a mystery.

Consider this scenario…

Before the salesperson shows up, customers have been all over internet collecting information from and being influenced by online and other print providers. When the print salesperson walks in, the discussion naturally devolves into how the salesperson can beat whatever the online providers offer: options, alternatives, pricing, delivery, free artwork, service 24/7, etc., etc. etc. When telling the customer that the price is higher, the delivery is longer, no one answers at 3AM, no to this and no to that, the salesperson may feel like the Penguin encountering Batman …POW!! ...BOFF!! ...WHACK!! ...BONK!! It’s painful to even imagine this situation.

A sure way for the salesperson to avoid this is type of whoopin’ is to focus on those areas that should be important to customers such as: effectiveness, focus, reach, ROI, etc. Customers won’t find this type information on the internet nor find most competitors ready to discuss such things…vastly reducing the potential for a beat down. If there's no interest in non-price subjects, then there's probably no sale to be had anyway.

The salesperson can test the waters and set a positive tone by opening with a few questions such as:
  • Is your mailing list complete or are there contacts not included (because the customer couldn’t combine all his/her lists)? 
  • Can we improve the response by segmenting the recipients and messages? 
  • How could we increase the value of your message for the recipient? 
  • Would there be value in tracking responses by location, gender or some other demographic? 
Cool! Right? However, there’s one huge potential problem with this approach…the salesperson has to be able to provide a solution should the customer answer “Yes” to any of these questions…or suffer some serious customer-driven wrath.

Actually, there is no problem as long as the salesperson has a friend…we’re your friend.