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Table of contents for
The Business of Database Marketing
by
Richard N. Tooker
Foreword by
Arthur Middleton Hughes
Preface
Section I—Fundamentals
CHAPTER 1 The Early Days
The Beginning of Database Marketing
Enter PCs
Open Systems and ASPs
The Rise of CRM
CHAPTER 2 Understanding Marketing Databases
Flat Files
The Relational Database Model
Indexing
Bit Mapping
Inverted Files
CHAPTER 3 Do You Need a Marketing Database?
Setting Criteria
Benefits of a Marketing Database
Automated Merge/Purge
Automated Data Hygiene
Automated Data Enhancement
Frequent Updating
Increased Marketing Velocity
Better Selectivity and Segmentation
Campaign Automation
Event Triggers
Implementation of Business Rules
Automated Scoring
Management of Contact Frequency
Contact History
Results Tracking and Reporting
Data Mining
Reduced Demands on IT
Simplified Vendor Management
CHAPTER 4 Database Marketing or CRM?
The Development of the Continuum
CRM and the Customer Experience
Why Database Marketing Matters
The Three Phases of CRM
CHAPTER 5 In-House or Outsource?
Security Issues
Reasons to Outsource
Database Marketing Experience
Cost
Timely Completion
Security
A Security Checklist
Section II — Making It Work
CHAPTER 6 Covering the Bases
Database Marketing Readiness Assessment
Involving Stakeholders
Orgaizational Experience
Reporting
Segmentation for Communication
Technology Requirements
Products and Priorities
Creating Compelling Offers
Convergence
Database Creation and Management
Aggregating Information
Data Organization
Identifying User Needs
Prospects in Your Database
Data Enhancements
Data Hygiene
Householding
Update Frequency
Campaign Development and Execution
Strategies for Segmentation
Testing and Measurement
Campaigns
Continuity Communications
Response Management
Response Handling
Tracking the Process
Modeling and Analytics
CHAPTER 7 Making the Investment
The Three Stages of Database Marketing
Buying the Technology
An Alternate Approach
Enterprise Systems</</li>li>
Return on Investment
Cost/Benefit
CHAPTER 8 Writing and Issuing RFPs
Problems with RFPs: From the Client’s Point of View
Problems with RFPs: From the Vendor’s Point of View
Problems with RFPs: On Both Sides of the Desk
Doing It Right
CHAPTER 9 Data Hygiene
Typical Problems with Data
The Limitations of NCOA
CHAPTER 10 Populating and Enhancing your Database
Customers
Data Elements: Relevant and Irrelevant
Making “Appends”: Testing Outside Lists
CHAPTER 11 Generating and Managing Leads
Leads and Prospects
Lists
Distributing Leads
CHAPTER 12 Response Management
Understanding How Sales Are Made
The Challenges of Prospecting and Lead Follow-up
CHAPTER 13 Tests, Measurement, Analytics, and ROI
Testing
RFM
Profiling
Modeling
Segmentation and Clustering
Assumption Marketing
Enterprise-Wide Control Groups
Measuring ROI
The “Magic Number” in Retention Measurement
Cost-Justifying a Launch
CHAPTER 14 37 Best Practices
Technology
Right-Size the Technology Investment
Connect with Your CSRs
If You’re Outsourcing, Personally Visit the Data Center
Database Management
Seek Out Axes to Grind
Include Prospects
Be Realistic about What Data You Need
Rank Responses
Manage Response Management
Analytics
Create an Enterprise-Wide Control Group
Set up ROI Measures in Advance
Find and Exploit Nuggets
Provide an Information Flow
Creative
Test for Breakthroughs, Not Nuances
Connect Analysts to Creatives
Get Past the Corporate Gatekeepers
Remember “WIIFM”
Turn Statistics into Key Selling Propositions
Contact Strategy
Sense and Respond
Cross-Sell in Sequence
Differentiate Yourself with Top-Tier Customers
Include “Soft Touch” Communications
Survey Customers
Surprise and Delight
Key Communications to Relationship Phases
Talk to the People Who Talk to the People
Make Your Offers Relevant
Fish Where the Fish Are
Segment by Market
Develop a Process for Strategic Planning and Stick to It
Resell Former Customers
Let the Customer Choose the Channel
Offer a Web Response Option
Use Microsites
Drive Selection with Modeling and Segmentation
Test Timing
Pick the Right Person
Call Yourself up Some Time
CHAPTER 15 The Role of the Internet
Why the Internet Matters
Uses of the Internet for Database Marketers
Providing Information
Testing
Taking Applications
Generating Leads
Distributing Leads
Direct Sales
Advertising
Offer an Internet Response Option
Use Microsites
Offer an Ongoing Information Flow
Field Sales Management
Recruiting
Customer Service
Establishing Community
Creating “Buzz”
Innovating an Entire Business Model
CHAPTER 16 The Next Big Thing
The Power of Databases Marketing
Direct Mail List Acquisition
Duplication
The Effect of Business Silos
Timing Problems
Will It Work For You?
Getting It Done
CHAPTER 17 The View from Both Sides of the Desk
Relationship Tips for Clients
Attention From Senior Management
Working With Your Account Team
Relationship Tips for Vendors
Quarterly Business Reviews
Put It In Writing
Add Value
Stay In Touch
Section III—Wrapping Up
CHAPTER 18 The Ten Great Myths
The Future is 1:1
Technology Drives the Process
Database Marketing Transcends Brand
CRM Will Replace Database Marketing
Prospect Databases Can’t Be Made to Work Economically
Consumer Data and Data Hygiene Are Commodities
Effective Analytics Can Be Automated
More Personalization Is Better
The Future Is Online
RFPs Are Required to Buy Marketing Services
CHAPTER 19 Is the Sky Really Falling?
Privacy
Data Handling
Do Not Call
Overmailing/Overselling/Overmarketing
CHAPTER 20 A Final Review: Major Dos and Don’ts
Database Creation and Management
Analytics
Contact and Relationship Management Strategies
The Internet
Glossary of Buzzwords
Index
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