Focus On: Lists: Get Serious About Your ROI
Here are five stratetegies for reaping the most value from your list-rental investment.
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Renting lists for your mailing campaigns is a necessary — but inherently risky — expense. You’re spending money for an uncertain outcome because you can’t gauge exactly how names on a given list will respond at any particular moment.
So your priority in any list-rental situation should be to maximize return on investment. Here are five strategies for getting the most value out of your list-rental dollars:
- Identify and mail the very best lists.
- Uncover hidden list sources that might not have been tapped by everyone else.
- Use selections, modeling and other tools to make those lists work optimally.
- Demand the best pricing and deals from the lists’ owners/managers.
- Avoid mailing at undesirable times.
Fundraising agency Craver, Mathews, Smith and Co., in Arlington, VA, works with major nonprofits, such as Habitat for Humanity International, and uses these strategies for all of its clients. Ellen Cobb Church, fundraising group director, explains how the list-selection and optimization process works for her nonprofit mailers.
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Alicia Orr Suman
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