With the postal rate increase in effect and the marketplace demonstrating fierce competition, catalogers are seeking more efficient ways to handle the database information they accumulate. Certainly, there’s no shortage of companies that offer to streamline the process, but how do mailers know which of them is best for their needs? Here (in alphabetical order) is what the nation’s eight cooperative database firms are doing this year to set themselves apart. Abacus Alliance Acquired by marketing technology firm Epsilon earlier this year, Abacus recently launched its next generation solution, Abacus ONE, based on the company’s current proven modeling system. “We have taken what was
Abacus
This week, I attempt to address one of our reader’s security concerns. Below is the comment I received recently that I think needs some addressing (or address correction as the case may be). John Johnson (johnsoncrew@gmail.com) wrote:
Jim, I have a question not related to any of your current posts that I think is worth some discussion. Abacus was bought by Epsilon, who in turn is owned by Alliance Data Solutions. Alliance Data Solutions was recently bought by a private equity firm, The Blackstone Group. The Chinese government then bought a $3 billion position in The Blackstone Group. My question is:
It’s perhaps surprising to see people so attentive to their work at a company known for emptying out when there’s good surf to be found at a Southern Californian beach not five minutes away. But a walk through the Ventura, Calif.-based headquarters of Patagonia reveals a close-knit staff readily engaged in designing, testing and marketing this outdoor cataloger’s apparel and gear. Then again, perhaps it’s not all that surprising, given that the catalog’s founder, Yvon Chouinard, in his book “Let My People Go Surfing,” (The Penguin Press, 2005) wrote: “Work had to be enjoyable on a daily basis. We all had to
Assuming you have the right merchandise, 70 percent or more of a successful mailing campaign is dependent on the lists you use. Proper list selection means the difference between profits or losses on the income statement. This includes the proper use of your housefile and the outside rented lists you use. The specific lists you mail and the quantities of every list included in your plan are important considerations. I will talk about the different types of lists available and what you can do to improve your results. All mailing lists can be classified into three different types: 1. Direct response lists.
Beyond death, taxes and postal rate hikes, most catalogers’ primary worry in life is retaining customers. Aside from continuously offering appealing products and services, there are a number of effective approaches you need to take to keep your customers happy and doing repeat business with you. Naturally, the question is, “What methods can I try that I haven’t already tried 10 times?” For a few possible answers and techniques for you to test in different departments, consider the strategies offered by several catalog experts. Customer Service Good customer service starts with the first interaction you have with customers. And if your call center
In some respects, Patagonia marches to the beat of its own drum. The Ventura, Calif.-based marketer of rugged mountain climbing and backpacking apparel marketer adheres to strict product quality, catalog style and lifestyle values, all keys to its raison d’être that it never compromises. In other respects, Patagonia’s multichannel approach -- including not only catalog, Web and retail, but also wholesale -- represents something of a textbook model of today’s multichannel retail business model. Putting both elements together, two Patagonia executives -- Morlee Griswold and Chris Todd -- delivered a session at this week’s DMA06 Conference in San Francisco on how they compile and evaluate
Business-to-business transactions increased by 13 percent in 2005, according to a report released last week by Abacus. Despite this double digit growth in transactions, B-to-B sales grew just 9 percent. Other details revealed in the report: * Small businesses made purchases accounting for 81 percent of revenue, an increase of 11 percent from 2004; * Small businesses accounted for a 16 percent increase in Web sales; * Small business customers spent $566 million in direct transactions in 2005; * Medium businesses spent $52 million; * Large businesses spent $77 million; and * 40 percent of B-to-B sales took place on the Web in 2005,
Despite a postal rate increase and natural disasters in the United States, direct marketing revenue was up 10 percent from 2004 to 2005, according to a recent report from co-op database provider Abacus obtained exclusively by Catalog Success. Sales increased an average of 15 percent for 2005, with a peak increase of 21 percent over 2004 in August. Sales rose by 13 percent in September, despite Hurricane Katrina’s late August impact. In data revealed exclusively to Catalog Success, Abacus shows the effects Hurricanes Katrina and Rita had on direct sales on the Gulf Coast in Q2 and Q3 2005. Alabama Mobile: Q2 sales up
Seventy-five percent of direct marketing efforts targeted merchants’ housefiles in 2005, with the rest targeting prospects, according to the “2006 Multichannel Annual Trend Report” recently released by co-op database provider Abacus. The report also revealed that while response from mailings to housefiles was level at 4 percent compared to 2004, sales per book increased by 9 percent. Response from mailings to prospect files, however, were 14 percent higher than 2004, and sales per book increased by 17 percent. To keep this momentum going heading into 2007, Abacus offered the following tips: * Analyze and evaluate the acquisition cost and lifetime value of customers acquired through
The Canadian dollar’s strength makes marketing by catalog to Canadians a prime expansion opportunity for U.S. catalogers these days. For many, it’s a logical way to grow, provided the prospecting universe is sufficient for the offer. Mailing and distributing merchandise into Canada has become almost seamless thanks to services such as the one offered by Canada Post Borderfree. Here’s what you can expect, and how you can get started test marketing and building a Canadian housefile as part of your overall circulation strategy. Sizing Up the Market There are approximately 33 million people and 12.5 million consumer households in Canada. Similar to the