260 pages | 6 x 9 | Hardcover
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                          260 pages | 6 x 9 | Hardcover
Does the business world really need another book about database marketing?
Hasn’t pretty much everything that needs to be said about the subject already been written?
Well, no. Dozens of books have been written by database marketing and customer relationship management experts covering various aspects of the disciplines, including calculation of lifetime value, developing models to make database marketing efforts work better, implementing one-to-one marketing, selecting the right lists, and an endless array of other direct marketing, database marketing,and CRM subjects.
But there isn’t a single book or article that shows how to incorporate all of this wisdom into a coherent, overarching business strategy that includes both the database marketing strategy and the technology “build.”
What’s missing and what’s needed is a clear, non-technical explanation of how all the parts should fit together to create a dynamic, customer-centric, productive business without the endless acronyms and murky pools of technical jargon.
Also, there is a crying need for a book that approaches the problem the way business people live and work: by defining the problems and objectives and then identifying the technology that will fix those problems and achieve those objectives, not the other way around.
In addition, the book provides inside information about the actual business of database marketing. That “actual business” includes knowing how to get the maximum benefit from working with an agency or supplier and, on the other side, how to work with a client.
The Business of Database Marketing covers all the bases for the typical business reader. It even includes a catalog of the 37 “Best Practices” and a roundup of some of the major “Dos and Don’ts” in making business sense of the world of database marketing. It will be the one easy-to-read and easy-to-understand guide for putting database marketing and customer relationship management to productive use for every business.
Includes a CD with useful forms, presentation materials from the author, and the special the ROI Calculator from the book.
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 Systemsli>
                                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
Richard N. Tooker is a 30-year veteran of the direct marketing industry with a record of achievement in creating winning marketing strategies, product design and delivery, technical innovation and strategic partnerships. His role at KnowledgeBase Marketing is to assist KBM’s account services and business development teams in the development of appropriate database marketing strategies for the firm’s clients and prospects.
Tooker has created and managed database programs across multiple industries including insurance, banking, consumer finance, retail, business-to-business, fundraising, membership, dealer organizations, publishing, and association marketing. He also has a deep understanding of interactive marketing and has led Internet development and interactive initiatives for major direct marketing agencies.
Tooker is a highly rated speaker at conferences both in the United States and abroad including programs sponsored by the Direct Marketing Association, the National Center for Database Marketing, the Bank Marketing Association, and the European Direct Marketing Association. He is an advisory board member and guest lecturer at the Interactive Marketing Institute at Virginia Commonwealth University and a frequent contributor to direct marketing industry trade publications.
Whether you are an old hand or a newcomer to database marketing, you can profit from The Business of Database Marketing. The explanations of RFM, profiling and modeling are worth the price of the book all by themselves! I found it packed with valuable rules of thumb, clear explanations of sometimes complex topics, as well as wonderful stories accumulated from Richard Tooker’s decades-long career in database marketing.
Jan L. Davis
                                President & CEO
                                ShopperTrak RCT Corporation
Richard Tooker is one of the legendary pioneers of database marketing who not only helped to create the concept, but has spent his entire working life improving it and modifying it. He has now written an excellent introduction to the subject—worthwhile for those new to the field as well as a review for experienced hands. His writing style is conversational and easy to read. Throughout, he emphasizes his main points as “Universal Constants.” Particularly interesting is his personal introduction to database marketing in 1975. In his 21 easy-to-understand chapters he includes the “37 best practices” and a summary chapter of scores of “Dos and Don’ts,” plus a valuable glossary of technical terms. No one who works in direct marketing should be without this valuable book.
Arthur Middleton Hughes
                                Vice President/Solutions Architect
                                KnowledgeBase Marketing
                                Author, Strategic Database Marketing, 3rd Ed.
A history, a primer, a pragmatic work on the business purposes of databases and how they relate to real world results. Richard has written a work that is perfect for a marketer of any experience level with nuggets to take away from every chapter. This will become a must read direct marketing book that will keep company with Bob Stone’s Successful Direct Marketing Methods and Stan Rapp’s Maxi Marketing books.
Warren Hunter
                                President & CEO
                                DMW Worldwide LLC
The Business of Database Marketing is destined to be a classic. In the tradition of pioneers Arthur Hughes and David Shepard & Associates, Richard Tooker nails it with a lucid, practical and robust exploration of the multiple concepts of database marketing and its applications. Filled with case study references, Tooker’s identification of the “universal constants of database marketing” is worth the price of admission. You cannot go wrong adding this one to your professional library. It has so many nuggets of information gold about a complicated subject it clearly qualifies as a mine. My advice: a “must-read” for experienced pros and novices alike.
Don Jackson
                                Chairman
                                The JCG Group, Ltd.
                                Author, 151 Secrets of Insurance Direct Marketing Practices Revealed
A fun read. Tooker has a breezy style that makes his innovative reconceptualization of conventional marketing wisdom easy to absorb.
Rick Kean
                                Managing Partner
                                Business Marketing Institute
                                Former Executive Director, Business Marketing Association
At last, a comprehensive guide to setting up and managing a database marketing database program for your company! If Kinky Friedman had set out to write a book about database marketing, this would be it. It’s a sometimes irreverent, often humorous, and always engaging look at the do’s and don’ts of executing a winning data-base marketing strategy and creating the underlying database that drives it. His complete and pragmatic guide is laid out in very straightforward (read: English) terms so that you can avoid the pitfalls of others and be successful the first time—or this time— around. A bible for anyone whose business is driven by database marketing and a playbook for every company that provides database marketing services to its customers.
Gary S. Laben
                                President and CEO
                                KnowledgeBase Marketing
From start to finish, for expert or novice, Richard Tooker’s work is destined to be a pivotal work for those who create and maintain sophisticated databases. Richard puts the pieces together so that all parts of the database puzzle, including CRM, outsourcing and the ever-daunting demands for an ROI are addressed. From the section on “37 best practices” to the final “Do and Don’ts,” this work is essential reading for every B2B and B2C marketer. I especially like his “Universal Constants” which are stand-alone pearls of wisdom. One of these sums up the value of this book when he says, “Sooner or later, all database marketers will be asked to prove that what they do has value.” Read this and you’ll be able to answer this inevitable question.
James W. Obermayer
                                Sales Leakage Consultants
                                Author, Managing Sales Leads
In writing The Business of Database Marketing Richard Tooker has a taken a very complex subject, difficult for most of us to comprehend, and made it interesting, straightforward, and easy to understand. His aim is to cover the “the entire spectrum of fundamentals” and he has done a masterful job of accomplishing his goal. His book is the best one I’ve found in all my years in the Marketing World for explaining the strategies for database development com-bined with the technological tactics for implementation. The practitioners in the Database Marketing World have a great deal to gain by understanding his insights into this important subject matter.
Edward “Ted” Spiegel
                                Professor Emeritus-in-Service
                                Integrated Marketing Communications
                                Northwestern University
Richard Tooker’s 30+ years experience have allowed him to share a unique perspective about the business end of database marketing, something that until now has been lacking in the available literature. the book is well-written, and entertains at the same time it conveys valuable advice to database marketers on both sides of the desk.
Lester Wunderman
                                Founder and Chairman Emeritus
                                Wunderman
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