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Newsletter        Saturday, July 05, 2008
MARKETING STRATEGIES Database Marketing Art of collecting data and using it:

   Learn who clients are; which are best; and
      where to find them.

   Track product / services used by each client.

   Target new promotions to appropiate client
      profile.

   Deterine characteristics of those who
      purchase.

   Analyze clients' habits and identify ways to
      make the purchase process easier.

   Apply data to identifying and finding new
      clients.

   Target promotions (old and new) to lists of
      prospects who fit the profile(s).

   Positive prospect / client response will be
      greater if time is invested to discover
      individual needs/requirements.

       Personalize promotional letters.
       Strategically time promotions,
          mailings, etc...

   Your database will allow you to:

       Note trends and habits.
       Remind clients when they need / are
          due to purchase.
       Target promotions to segments of your
          market.
       Offer discounts and rewards to top
          clients.
       Identify top 20% of clients and target
          them for additional products / services
          and special attention.
Setting Up A Database    Basic contact information needed:
       Name and Title
       Company and address (plus alternate
          addresses)
       Phone, fax, email and Web site
          addresses
       Meeting dates and related information
       Relevant personal information

   Track:

       Purchase dates/history
       Frequency of purchases
       Quantity of purchases to date
       Number of purchases to date
       Types of purchases to date
       Total sales to date

   Customize target segments

      Track by:

       Type code
       Product / service code
       Anticipated date next needed
       Miscellaneous information

   To determine future prospects:

       Source of lead
       Demographic information such as:
        company type / size
        title of decison maker
        age / sex / geographic location

   Reports can be generated for various
      informational needs.

   Eliminates of assumptions and poorly
      informed planning.

   Many personal information software packages
      are available.

Broadcast Fax Marketing    Can be done for less than cost of postage.

   Response rate for broadcast faxing is often
      greater than from direct mailings

   Avoid the image of sending "junk" faxes.

   For more professional faxes:

  1. Only broadcast for important events
    (e.g. limited offers, special pricing offers, newsletters with breaking news.
  2. When collecting fax numbers, inform prospects and customers what you may be sending.
  3. Keep fax short in length - usually 1 never more than 3 pages.
  4. Keep fax free of photographs or gray "screens" since they slow down the transmission.
  5. Use legible lettering / fonts for readibility.
  6. Provide toll free number for customers who want to be removed from your list.

       Fax Guidelines

         Do not fax to prospects - only fax to
            your customers.

         Telephone Consumers Protection Act
            (TCPA) bans unsolicited advertisement
            transmissions in USA.

         U.S. Federal Communications (FCC)
            requires that the following printed on
            first page of the transmission:

          Date and time transmission is
             sent
          Identity of sender
          Telephone number of sender

         Make sure to offer recipients an
            easy way to delete their name / fax
            number from the fax distribution list.
            Protocol:  Create a "Do Not Fax" list.

    Fax-on-Demand  (FOD)    Customer or prospect calls to request
          documents by entering numbers on their
          touch-tone phone.

       Documents requested are sent directly
          person's fax machine.

       The system is available year round, 24 hours
          a day.

       No need for phone operators.

       No problems with different time zones.

       Allows testing of various types of marketing
          ideas.

       Sending out marketing pieces by fax-on-
          demand allows tracking of successes
          per number of responses / number sent by
          fax-on-demand.

       Fax-on-demand service bureaus are available
          or with additional phone lines and with a
          reliable computer system, -or-  you can run
          your own fax-on-demand.

    Ordering By Fax  (FOD)    Every extra step/effort required to make an
          order, only decreases the response rate.

       Fax orders save business time and phone
          lines.

       Cuts down on human error since order is in
          customer's own handwriting.

       Establishes service orientation by offering
          additional options for ordering.

       Designate a fax machine(s) for these orders.

    Ways to Increase Fax Orders    Include:

    1. Provide toll-free number.
    2. Print fax number on top of order form.
    3. Create a 1-page order.
    4. Make sure that fax machine is in secure site and assure buyer that the machine is secured for credit card ordering/purchasing.
    5. Make sure that order form is dark type on light paper.
    6. Make sure the spacing on the order form is workable for large handwriting.
    7. Create a confirmation procedure to confirm receipt of the faxed order.
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