Take a look at your prospecting list, if you have one. Where
did all those names come from?
Most likely they're a hodge podge of names from a hodge podge
of sources…with few added to your list solely on the criteria
that they're especially good leads.
Now ask yourself how successful your clients would be if their
lists were compiled in such an unscientific manner?
When you consider that the single most important element of a
direct mail campaign is the list (followed closely by the offer,
and THEN the copy), it becomes painfully apparent that a sloppy
list is a liability indeed!
So how do you go about creating a solid list of quality
prospects that you can mine for years to come?
There are some methods you can use and sources you can tap, and
I reveal a few of the best here. However, It always boils down
to looking in the right places for your particular specialty.
MY FAVORITE STARTING PLACE
Roughly half of my coaching students are new copywriters and
when it's time to share my list building strategies with them,
I always introduce them to Who's Mailing What
http://www.whosmailingwhat.com/ , a rich online archive of more
than 130,000 direct mail packages collected from more than 7,000
companies since 1994.
For $24.95 per year, you can go into the archive and literally
see "who's been mailing what," which can be a real boon for
copywriters who specialize in the dozens of categories -
publishing, financial, collectibles, technology, and more -
covered by WMW.
For instance, I specialize in software. And while there are more
than 7,300 software companies in the U.S., I need only 300 to
keep busy. So which 300 should they be? Well, the BEST 300 of
course…the 300 that I know are direct mailers…the 300 that I
know are financially stable…the 300 that I know are well
respected and trustworthy.
When I started compiling my list, I mined Who's Mailing What to
discover the names of software companies that had mailed over
the past two years. As "sure mailers," these companies became
the richest names on my list, and remain so today.
OTHER GREAT PLACES TO LOOK
Nearly every large industry has an association, and most
associations have member lists. To get your hands on the list
you often need to join the association, but unless the price
is really exorbitant, it's usually worth it. Remember, time
is money in the freelancer's world, so the faster you can put
together your list, the faster you can market to it.
The library is another place to look for lists. In addition to
my "sure mailers," I added the world's most profitable software
companies to my list, tracked down at the local library in the
Computer and Software section of the Dunn and Bradstreet Gale
Industries Handbook.
I completed my goal of assembling 300 strong names by surfing the
Internet in search of newsletters, Web sites, and publications
that serve the software market. There I found lists like "The
Top 50 Software Venture Capital Investments," which listed
software companies that had recently been infused with millions
of dollars each, in venture capital.
SOME STRONG SOURCES FOR GENERALISTS
Although I believe that every business freelancer should carve
out a niche for him or herself, many start out as generalists. If
you fit this category, you'll find some excellent list-building
sources at the library.
Chuck Thompson, one of my early coaching students, discovered
the "Mail Order Business Directory" at his Chicago-area library.
It lists over 5,000 names, addresses, and basic facts about U.S.
firms doing business by mail.
Library sources I used in my early days of freelancing included
the "Standard Directory of Advertisers" and "Standard Directory
of Advertising Agencies." Also known as "the red books" by
industry insiders, you should be able to find them at any main
library; I've had less luck finding them at the local level
(and they're too expensive for most freelancers to buy).
The "Standard Directory of Advertisers" contains information on
over 24,000 U.S. and international advertisers who each spend
more than $200,000 annually on advertising. Each listing includes
advertising expenditures by media, contact information, address,
and more.
The "Standard Directory of Advertising Agencies" contains
detailed profiles of nearly 13,500 U.S. and international
advertising agencies, including accounts represented by each
agency, fields of specialization, contact information, and much
more. These directories are truly exciting sources of information
for the freelancer who recognizes the value of smart targeting.
Finally, you never know what you'll come up with while searching
the Internet for lists and directories. One of my coaching
students wants to specialize in catalog copy. We found several
databases on the Internet, and last night I happened across
"Mail Order USA," a guide to 2,000 of the top mail order
catalogs in the U.S. and Canada.
Compiling your own personal prospect list is never fast or
easy, but there is a silver lining. And that is that no other
copywriter will be marketing to the same exact list that you
are. So do your homework and make your list as strong as it
can be. Because most of your success will flow from your list,
it pays to make it as powerful as it can be.
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