Cost-cutting Tips You Can Take to the Bank

Ask your service bureau to give you the postage estimates both ways (one ZIP stream vs. two ZIP streams) to be sure where the cutoff is. If the postage savings outweigh the price of selective binding, selective binding definitely is the way to go.

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Add-a-name

Use add-a-name or add-an-address to increase carrier route volume and qualify for added discounts. Add-a-name is the process where you add one or two records to a carrier route in order to qualify for a discount if you were previously short of the 10-per-carrier requirement. Often, if you have a pool of records to draw from that are close or at breakeven, the records added bring your postal costs down, and the net gain is positive. If you use inactive buyers or modeled names from a cooperative database, it’s usually worth doing. Keep in mind that the number of add-a-name pieces added will be a function of how many pieces are mailed and the geographical distribution of the mailing. For most mailers, a national circulation of 700,000 or more is required for add-a-name to make economic sense. At this level, generally about 5,000 to 10,000 catalogs will be added.