Mass e-marketing
Mie-Yun Lee, Editorial Director, BuyerZone.com
March 22, 2002
For most companies, the quest for new customers is a never-ending one. Despite its negative
rap, direct e-mail marketing presents a marketing opportunity worth exploring.
Like traditional direct mail, direct e-mail involves the promotion of a product or
service to a list of people. As with traditional postal-based direct mail, the list or
lists that you use can greatly affect the success of your marketing campaign.
There are thousands, if not tens of thousands, of e-mail lists available. They cover
the gamut of demographic profiles and can range in size from thousands to millions of
names. To help sort through the myriad of options, a mailing list broker can scour the
market and present a set of relevant lists that you can rent.
When evaluating list options, find out how the names were acquired. Opt-in lists where
people choose to receive occasional notifications are more likely to respond to your
offer than compiled lists of e-mail addresses. Also learn how frequently the list gets
used. Lists that are frequently used can suffer from overuse where recipients are less
inclined to notice mailings or may be filtered off to a folder and never be viewed.
Most lists these days support HTML-based emails. This means that you can send an offer
as a web page, including color and images, instead of plain text only. However, not every
e-mail address on the list may be set to receive this type of e-mail. If your offer relies
heavily on a visual component for its success, you may want to check what percentage
of a list can actually support HTML-based emails.
While you are responsible for designing the offer that will be sent, be prepared to
have the list owners handle the actual mailing. Unlike direct mail where you typically
receive addresses and are responsible for sending your mailing to this list, e-mail list
owners typically prepare and send the mailings for you.
No matter who sends your mailings, they should be tracked. At minimum, there is the
number of emails that were sent, excluding those that bounced back. Breakouts indicating
the number of HTML vs. text-based emails can also be informative. Most importantly, links
should be tracked so you can determine which ones were most effective in generating clicks
to your site.
You will generally find e-mail lists to be slightly more expensive than postal mailing
lists. Expect to pay $75-$150 per thousand names for a consumer list and $200-$450 per
thousand names for a business list. Broker fees are included in the mailing list costs.
Your overall costs should be lower though versus direct mail since you don't have postage
or printing costs to consider.
While you may be reluctant to test this type of marketing, just remember that direct
e-mail is in the eyes of the beholder. What is "spam" to some is a downright treasure
to others. Finding the right lists can be the key to your direct e-marketing success.