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Is it Time to Shake-up Your Marketing Strategy?

Maximize your Lead Generation to enable Sales Transformation.

database management

The Real Cost of List Management Services

  • List Management Services

    List Management Services

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When collaborating with our clients we devote a excessive deal of time conversing contact data. Who is the target, how easy are they to locate, what are key role descriptions, and what is the message you bring to them. We are industrious about educating them with regards to direct dials, the need for emails, and the ownership of the list versus a rental list. All of these are critical but often ignored by organizations looking to purchase data. A list is assumed to be a commodity item and yet it is far from it. The list is the key driver for all other actions that happen in the sales campaign. It is one of the most critical portions of any marketing outreach.

During the MarketingSherpa B2B Summit 2011 presentation, presented by MECLABS, “Optimizing the Lead,” it was discussed that a $1 per record list (“the best deal”) results in a campaign that is 2.5 times more costly than the most efficient list. In the study, the $1 per record cost, resulted in a $954 cost per lead. In a list that cost $24/record, the cost per lead was $373 and resulted in a 60.85% decrease in overall campaign costs.

Targeting Your Prospects Correctly

The details in arrears this result are clear to see. Although the $24/record list cost $24,000, the calling campaign associated with that list cost $92,400, for a total campaign cost of $116,400. Comparing these metrics to the $1/record list; the total list cost was $9,350, but the calling campaign associated with that list was $287,980, for a total of $297,330. At the end of the day which result would you take?

The key takeaways are that “cheap” data is really expensive, and the less you spend on the data the more you will spend on tele-prospecting. List acquisition must be seen as strategic and not simply transactional if you need to roll your marketing strategy.

Are Data-Driven Lead Generators Dead?

The title sounds like an announcement that’s far too early but if you’ve just read about Tesco, maybe it’s not as early as you think.

Naturally, this can be bad news if you value customer-centric businesses (both as clients and as your own marketing identity). If a company that claims to learn so much about its customers is still prone to huge failure, what about those who’ve come to live by this adage? Will lead generators now die by it as well?

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5 Ways Data-driven Marketing is Like Taking the Perfect Selfie

If you’re not a big fan of data-driven marketing, I hope this post changes your mind. You really need to embrace data or else you’ll only end up groping (and possibly even stumbling) in the dark. Yes, there’s nothing sexy about breaking down data and crunching numbers, but these things don’t have to feel like a tedious chore. In fact, you can think of the whole art of data-driven marketing as a welcomed hobby — like the pursuit of taking perfect selfies.

As it turns out, this analogy isn’t really that far-fetched at all.

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5 Proven Remedies for Bad Telemarketing Data

A recent Experian QAS report shows that as much as 94% of companies think there’s something wrong with the marketing data they’re storing. That’s a very large percentage, and it certainly raises the possibility that your business is part of this group too. Can you even imagine the havoc bad data could wreak on something as precise and coordinated as your targeted outbound telemarketing campaigns?

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