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The Problem
Multi-channel
executives understand that catalogs spark interest and drive demand.
Even as revenue from other channels grows, fueling consumer demand
requires a solid catalog circulation plan.
Unfortunately,
increasing costs and lower response rates force multi-channel
marketers to make ever-finer mailing decisions. Each catalog that
fails to reach its intended, interested direct marketing buyer
undermines not just the profitability of the catalog, but also
the entire business.
The
Solution
Prefer Network’s
FreeMAX8™ applies the most recent address hygiene and consumer
buying information when mailers need it most – just before
their catalogs hit the mail. This last chance campaign optimization
helps catalogers account for changes of address and buying trends
that occurred during the catalog’s production cycle. FreeMAX8™
helps ensure that every mailed catalog reaches an interested buyer.
FreeMAX8™
leverages our advanced modeling, robust address hygiene, and transaction-level
database of responsive direct marketing buyers. Combining these
solutions allows catalogers to adjust their circulation plan immediately
before bindery. The benefits of recent consumer information –
where they live and what they buy – allows circulation managers
to replace under-performing segments in their mail file “on-the-fly.”
The
Impact
FreeMAX8™
provides direct marketers with the
up-to-date information needed to drive response rates higher:
- Improve
profitability by as much as 6.3% per mailing by replacing low
performing and undeliverable names with names that perform.
- Improve
deliverability by 5 to 10%, using advanced hygiene capabilities.
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The Benefit
Prefer Network
provides catalogers just-in-time insight to valuable information
about customers and prospects:
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Never lose contact with your best customers
FreeMAX8™ uses proprietary change of address solutions
to locate the 50% of movers missed by publicly available change
of address applications.
- Increase
profitability by focusing
on your most profitable customers
FreeMAX8™ pre-bindery intellect provides the most up-to-date
consumer information, typically three to five weeks more current
than that used in production. Using near real time information
lets mailers better evaluate each customer’s profitability,
allowing more accurate mailing decisions.
- Drop
unprofitable names
and maintain circulation goals
FreeMAX8™ segments the mail file using advanced modeling
capabilities and identifies under performing names. At the same
time, we locate direct marketing buyers with an interest in
your products to replace the under performing names.
- Improve
campaign performance
without changing vendors
Prefer Network offers FreeMAX8™ pre-bindery intellect as a
service applied to your existing mail file immediately before
shipping to your printer.
- Make
more informed mailing decisions
with minimal impact to schedule time
In just four days, FreeMAX8™ applies Prefer Network’s
full suite of proprietary address hygiene, prospect modeling,
and name selection services. In return, mailers increase profitability
by as much as 6%, or more, per mailing.
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