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 How List Brokers Boost Direct Mail Results
   By Alan Sharpe

Last time I checked, there were 25,000 direct mail response lists and 50,000 compiled lists currently on the market. Among all of these lists, you’ll find hundreds that work for your product or service.

Actually, you likely won’t find them. Locating the best names for your mailing is complicated and best left to an experienced list broker.

A list broker is a specialist who researches and recommends lists for you, and manages all the paperwork and other details of acquiring the list. An experienced list broker can:

• Help you find new lists
• Identify profitable segments on unlikely lists
• Help you create a matrix for testing your mailing against other lists
• Negotiate the best prices for you with the list owner
• Recommend other media (such as email) to consider testing
• Make sure the list gets to your lettershop on time
• Help you evaluate your response rates, net revenue and other results
• Manage invoicing for lists you rent

A Typical List Rental Transaction

1. You phone a list broker that specializes in lists for your kind of buyer.

2. You describe your business and what you sell.

3. You describe your ideal customer.

4. You tell the list broker the following:
a. the selects you want, if any*
b. how many names you want to order
c. when you will mail your piece
d. when you need to receive the names
e. where you want the names to be sent (your lettershop, usually)

5. The list broker prepares your list and sends it to you or your lettershop or service bureau.

6. Your lettershop keys your reply device and other components so you can track the results of this mailing back to this list.

7. You mail your package to the names on the list.

8. You process each order you receive, adding the names to your database (they are yours to keep), and flagging each new customer record to note the list, package and offer used to acquire the customer.

* A select is a process that the list broker conducts on your behalf to choose only some names from the entire list. You might ask the broker to select names from a particular ZIP Code™, for example, or only people with cats, or only women, and only rent you those names.

Mailing list brokers know the industry. The firms they work for have researched and tested thousands of lists. So working with a qualified mailing list broker is vital.

--- Alan Sharpe is president of Sharpe Copy, Inc., a B2B direct mail copywriting agency. His website is www.sharpecopy.com.

 


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