Targeted E-Mail Lists Can Help Sales Execs Reach Producers
By Judy Diamond
Qualified retirement plan sales executives in the mutual fund, insurance and banking industries have begun to question the cost of their printed marketing materials and e-mail campaigns.
The biggest issue is whether the intended target–an advisor or broker actively working with clients who need qualified retirement plan financial products–is actually reading the materials, whether mailed via U.S. Postal Service or e-mailed.
Mailing lists and now e-mailing lists available from list houses are only as good as the number of accurate targeted addresses they represent.
The question is: How can anyone actually verify their usefulness? People move. E-mail server companies are merged and acquired, and e-mail addresses change.
The answer: Look for e-mail lists that have been created from "opt-in" names. An opt-in name is the address of a person who asks to be included on an e-mail list to receive something of perceived value in return. When these persons change their e-mail address, they will often notify the source (particularly if they are reading opt-in newsletters) so they can continue receiving the newsletter, product announcements or whatever they found of value.
The best source of e-mail addresses is from someone who is selling a related, but non-competitive product to the exact audience that the sales executive is trying to reach.
Whether the sales executive wants to send an electronic product newsletter, or alert large numbers of targeted producers about news or regulatory information that impacts product sales, the provider of the e-mail list should be able to segment to meet the target audience in the following ways:
According to the type of financial professional: stock brokers, investment managers, insurance brokers, accountants, bankers, financial planners, third-party administrators.