YOUR CART
- No products in the cart.
Subtotal:
$0.00
BEST SELLING PRODUCTS
Randolph McDougall posted an update 2 years, 8 months ago
The best way to establish a relationship with your customers and potential clients is through your mailing list. With a mailing list, you are able to follow up on previous client’s orders and ensure that they will definitely buy your products in the future. However, with the many options today in renting mailing lists, how do you choose the right one for your business? How do you choose a mailing list that your clients will appreciate and use? The answers to these questions will help you get started with your list rental business.
A good mailing list should be able to capture the interest of potential clients. It should enable you to maintain contact with your customer base even after the sale or delivery of your product. A good option for this purpose is to purchase a list from a list broker or a list manufacturer. These companies specialize in the production of disposable income lists that can effectively capture the interest of your target clients.
In purchasing marketing mailing list, you get to have more control over what you are going to sell to your clients. For example, you can decide whether to focus on specific client demographics. List rental companies also offer other services like list building and distribution. You can also opt to have a custom mailing list made for your specific business.
When choosing a mailing list, consider how closely your target audience may be related to your product and/or services. If your product/service deals with health, it makes sense to purchase a health related mailing list. This will enable you to reach clients who are already thinking about their health and how to stay healthy. A mailing list of unrelated business taxable income would not be beneficial as it will not help you connect with your potential clients. A list pertaining to the rental of its mailing list, however, could very well provide you with a targeted mailing list that is very relevant to your potential clients.
Renting a mailing list also allows you to maintain contact with previous customers. This is particularly beneficial if you are in the business of selling insurance or real estate. Most customers expect to receive a copy of an income-expense form at the end of a year. A standard piece of paper typically includes information such as date of birth, address, phone number, social security number, driver’s license number, and paystub. When renting a mailing list, you can include a copy of this form with each client request.
While a standard income-expense form may not include everything that your potential client may need to know, it will still give you a starting point from which to begin to discuss terms of purchase. For example, you may want to include a disclosure of the percentage of your gross receipts that will go towards your retirement plan. Other items that may be included on this form include an explanation of your fees for each mailing list you send out, an explanation of how the income-expense ratio you used was arrived at, and a list of all of your other expenses (such as postage, handling charges, and so on). It is also possible to rent a mailing list and use an HTML editor to create a more comprehensive sales disclosure statement.
There are some situations in which it may make sense to rent a mailing list. If, for example, you are in the business of buying and selling travel, you may have a very specific mailing list that you need to use in order to conduct your business. In this case, you would likely need to rent a mailing list in order to provide your potential clients with a copy of the list. In this instance, you would almost certainly be treating the rental of its mailing lists as a business expense. If you were renting the mailing lists for your unrelated business taxable income-expense, you would be treating the rental as a depreciated deduction.
In summary, it is important to understand the difference between the rental of mailing lists for your personal and business use. While you can use the mailing lists in both situations, you must treat the rental as a business expense and treat the mailing list rental as an expense to be deducted in the year of receipt. Because the cost of mailing lists can be high, you should try to rent them only when absolutely necessary. Also, you should only rent a mailing list if you absolutely need to use it for your own business and do not expect to share it with anyone else. Finally, marketing should consult your tax professional if you have a complicated situation concerning the rental of its mailing list.