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The database that forms the bedrock
of all CRM initiatives must be permission based
- one that is acquired legitimately and is highly targeted.
In this email age, it takes less than a second to trash
any communication, which does not appeal to the reader.
General, non-permission based databases do not lend
themselves to repeat marketing, because 'prospects'
procured in this manner are more likely to block off
communications from your company if not debarring you
on account of "Spam". Moreover, it will portray your
company in very bad light, thereby damaging your reputation
for good.
In fact, the Internet boom that was
fuelled by this "wealth" of database held by the dot
comers soon petered out when investors realized that
the database held by most of them was just not juicy
enough. Those who showered gifts to 'prospects' to merely
register on their websites soon realized that they were
sitting on piles of worthless data.
In short, general, non-authentic, non-permission
based databases that do not account specifics on customer
interest will just not deliver. The value of permission-based
marketing is still not fully appreciated today. It must
be clearly understood that people will decide whether
and from whom they wish to receive messages.
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