Mailing lists may be the cause of more heartbreaks than any
other single factor in mail order. A poorly chosen list, a weak
mailing and the high cost of mailing to a list can tax the
optimism of a new dealer very, very quickly. Arm yourself with
knowledge before embarking on a course like this!
Whether you should use a mailing list to sell your product
depends on several things:
Is it too complex an offering to be explained in a 30 word ad?
Can you afford to mail 200 to 1,000 pieces on the chance that
you won't get a single order?
Can you make a profit selling your product to only two to twenty
people in a 1,000 piece mailing?
Will a re-order of your product be required, and can you make
your re-orders pay for the losses you will likely get from
mailing to a list?
Do you know enough to choose the right list for your offering?
It takes either great faith in your offering or great stupidity
to mail with a list. Most list companies today, specialize in
"opportunity seekers" - people generally quite new to mail order
who are either looking for a product to sell or an offer that
will get them rich in a hurry.
Most of these "opportunity seekers" are engaged in chain letter
type schemes at some point, and they use mailing lists to make
gains in their plans. Most of them lose money, but enough
people will try it once to make money, and these pie-in-the-sky
dreamers are the bread and butter for a lot of mailing list
companies. Unless you have a truly superior offering for these
opportunity seekers, and you probably don't, they are not worth
your time and money. Most of them are unsophisticated dabblers.
Multi-level lists, offered by many companies, are truly an
interesting way to test response to an MLM offer. Many MLM
people like to write back - in their own handwriting - about
their successes and failures, and they will always respond to a
superior product.
Specialized product-buyers' lists can pull beautifully if the
offering is unique enough, and worth a try for merchandise
marketing.
Regardless of what kind of mailing list you use, be very careful
in choosing a good list. Many are sold and resold to people
making the very same offering, which is a waste of everyone's
money. "Free" mailing lists are usually as good as their price
indicates. Check the guarantees. Common sense will tell you
which are good for you and which are good for the company
selling the lists. And check to see how the lists are compiled.
Are they people who have already bought something by mail, or
are they merely people who indicated they might want to buy
something by mail?
In conclusion, we recommend that you never start any campaign
with a mailing list when advertising is so much cheaper. While
it may prove to be more profitable than advertising, keep this
rule in mind:
When you're ready to try a mailing list, be fully prepared to
lose every penny you spend in buying and mailing that list,
because it could happen.
How To Get Mailing Lists
Building up email address lists of potential and real customers is important in order to convert traffic into sales. People who are interested in the issue of a website can be informed regularily about special offers and news. A good email address list of buying customers is a good tool for the customer relationship management.
Different sources to catch mailing lists:
1. A smart and correct way to begin
Opt in email lists or safelists are a smart and correct way to build up an email address list from scratch with potential customers. These lists are well maintained and updated. The people on the address list have approved to receive promotional mailings. Targeted email lists are available. The email services do the mailings through their systems. The merchant does not need a software and bandwith for an email server. Everything is hassle free. The response by the audience is affirmative, if the mailings are appealing.
2. Bulk Email Lists
New website owners often try to generate traffic quickly with the use of bulk email lists. Email lists with up to millions of email addresses are offered. The response to such mailings in bulk is often low. Some addresses are outdated, some mailings are filtered out by Anti-SPAM-Systems, some people get upset by the mailings. Merchants take the related risks, if they expect that about 200 of 100,000 addressed people buy a lot.
3. A sly trick
Some merchants collect email addresses about other merchants in the internet. They check the email addresses of classified ads or other kind of ads. There are names and email addresses on all classified ads. This merchants send their offers to the other merchants in the hope to find an interested audience in them. I get this kind of mailings almost daily. These people, however, display their email addresses to me and they offer me a chance to re-invite them to my website or special affiliate program.
4. Clever and appreciated
Web sites can offer the interested audience to sign up for free services, e.g. a newsletter about tips or specials, tutorials, ebooks, games. The people who sign up are usually interested in this kind of services and show some sympathy to the website. Most of the people do not buy after the first visit of a website, but a lot of people appreciate it to receive attention. Some of them buy sooner or later from a website, if the website owner can keep in touch with them by regular mailings.
5. Customer relationship management
Email address lists that have been gathered from potential or buying customers have to be maintained carefully. The audience should be provided with regular mailings about recent news and special offers. A broad base of buying customers is a valuable asset of every business. It is an old wisdom: It's easier to stay with loyal customers than to gain new customers.
Both Hani Masgidi & Lil Waldner are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
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