Prospecting Tactic: Think Big (Big Lists, That Is)

| MCM staff

The latest Mokrynski Catalog Industry Update indicates that well over 80% of mailers had met or exceeded their holiday 2004 numbers, says Steve Tamke, senior vice president for Hackensack, NJ-based list services firm MokrynskiDirect. Indeed, with the exception of a brief soft period during September, 2004 produced encouraging results.

That said, during the past several years most mailers had reduced their prospecting efforts, instead increasing contacts to house file names. As a result, fewer

Short-Term Behavior, Long-Term Value

| MCM staff

Direct marketers put a huge amount of time and money into examining, testing, analyzing, and fine-tuning their marketing on a campaign-by-campaign basis. The results of a single campaign are judged by response rates, average spend amounts, and often, the ROI generated by that campaign.

But less attention has been given to the long-term behavior of customers, says Don Austin, Ph.D., director of client strategy at Greenwich, CT-based list services firm Direct Media. In general, the amount of the first transaction predicts the amount of subsequent transactions. But Austin a variety of other variables can be used to segment customers into low long-term value and high long-term value groups.

Quantifying Your Holiday Response

| MCM staff

Congratulations–you survived the fourth quarter! Before you let the holiday season fade in memory, take time to look back over what worked and what didn

Hundreds of QuickBooks Users Switch to NetSuite

| MCM staff

SAN MATEO, CA – January 6, 2005 – NetSuite, Inc., today announced that since
the launch of the company’s NetSuite Small Business in August 2004, hundreds
of companies using QuickBooks Pro have switched to NetSuite.

Sell them more*

| Greg Gianforte

Every executive knows that you make more money selling to your existing customers than you do chasing new ones. That’s why so many companies place so

Ringing in with resolutions

| MCM staff

After the last champagne cork has been popped, the final chorus of Auld Lang Syne has trailed off, and the horns and noisemakers have fallen silent, the