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Choosing the Right Email
     Marketing Vendor

'THE ART OF' SERIES
        PART 3


              © 2012 Info Checkpoint, Inc. All rights reserved.
Rev Your ROMI                             Maximize Your Marketing ROI?




     Choosing the                      First Phase                         An Ideal Email
      Right Email                                                         Marketing Vendor
    Marketing Vendor                       Define Your Needs                   Profile

                                           Recognize Your
                                           Prospects

                                           Identify Your
                                           Success Criteria

                                           Narrow Down
                                           the List


                                     Second Phase

                                           Evaluate Your
       It Is Not the                       Prospects                        Provides You
     Lowest Bid that                                                       with 360 Degree,
                                           Request for
      Wins, It Is The                      Proposal (RFP)
                                                                              Analytical
    Vendor That Meets                                                        View of your
       Your Criteria                       Assess, Negotiate                Target Market
        The Best!                          and Select




Would you like to Rev Your ROMI?

Or Maximize Your Marketing ROI?
What you need is not just a data vendor; you need an end-to-end digital marketing service provider.

Segmentation and personalization of your prospective customers are the key factors in determining



                                                  © 2012 Info Checkpoint, Inc. All rights reserved.
the success of your marketing campaign. Described ahead is a snapshot of the process you could
adopt in choosing the right email marketing vendor.


First Phase
Define Your Needs

Identify the initial, proposed budget and timelines for each phase of the search process.

Recognize Your Prospects

Shortlist and review at least 10 to 20 companies if you wish to choose between 2 to 3 bids. Study the
prospective companies through the Internet, industry websites, publications and referrals.

Identify Your Success Criteria

Make a 'pre-qualifying' call. Consider your current core focus, key clients, expertise accessible and
basic cost structure.

Narrow Down the List

Screen the list of companies and narrow it down to a select few to identify those companies that are
worth spending more time and effort pursuing.


Second Phase
Evaluate Your Prospects

Proceed to examine selected list of vendors in detail. Meet representatives in person. Should the
conversation become complex refer to your criteria list, this will help you focus on addressing and
evaluating vendor offerings against your requirements. Developing a rating scale will enable
assessment of vendors objectively.

Request for Proposal (RFP)

post evaluation would be the right time to request vendors to submit a proposal with the quotations. If
your requirement is complex, you could design a RFP and ask service providers to answers specific
questions. Here are some pointers to design a successful RFP, one that will help you in the evaluation

Ÿ   Ask for responses in a desired format (including pricing sheets) to identify answers you desire
    easily

Ÿ   Ask specific questions based on your success criteria

Ÿ   Divulge as much as information possible in order to provide them with a specific idea of your plan.



                                                    © 2012 Info Checkpoint, Inc. All rights reserved.
Details such as timelines, budget, desired results, reporting, monitoring and measuring
    requirements.

Ÿ   Value their time. If you are disorganized, uncertain and too demanding, vendors may perceive you
    as a 'difficult' client and possibly quote a higher amount.

Assess, Negotiate and Select

The final and most important phase is assessing your bidders. Negotiate with them if you have two
minds about more than one vendor. Maintaining an objective rating scale will make it easy for you to
evaluate and identify the best suited vendor.

Finally, select the best suited service provider taking into consideration they should be able to support
you throughout the process of the project. The right marketing vendor plays a big hand in enabling
business intelligence and increasing your marketing ROIs and revenues.



        Gain a power packed database and revolutionize your
                     ROI with Info CheckPoint




                                                    © 2012 Info Checkpoint, Inc. All rights reserved.

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Choose the Right Email Marketing Vendor

  • 1. Choosing the Right Email Marketing Vendor 'THE ART OF' SERIES PART 3 © 2012 Info Checkpoint, Inc. All rights reserved.
  • 2. Rev Your ROMI Maximize Your Marketing ROI? Choosing the First Phase An Ideal Email Right Email Marketing Vendor Marketing Vendor Define Your Needs Profile Recognize Your Prospects Identify Your Success Criteria Narrow Down the List Second Phase Evaluate Your It Is Not the Prospects Provides You Lowest Bid that with 360 Degree, Request for Wins, It Is The Proposal (RFP) Analytical Vendor That Meets View of your Your Criteria Assess, Negotiate Target Market The Best! and Select Would you like to Rev Your ROMI? Or Maximize Your Marketing ROI? What you need is not just a data vendor; you need an end-to-end digital marketing service provider. Segmentation and personalization of your prospective customers are the key factors in determining © 2012 Info Checkpoint, Inc. All rights reserved.
  • 3. the success of your marketing campaign. Described ahead is a snapshot of the process you could adopt in choosing the right email marketing vendor. First Phase Define Your Needs Identify the initial, proposed budget and timelines for each phase of the search process. Recognize Your Prospects Shortlist and review at least 10 to 20 companies if you wish to choose between 2 to 3 bids. Study the prospective companies through the Internet, industry websites, publications and referrals. Identify Your Success Criteria Make a 'pre-qualifying' call. Consider your current core focus, key clients, expertise accessible and basic cost structure. Narrow Down the List Screen the list of companies and narrow it down to a select few to identify those companies that are worth spending more time and effort pursuing. Second Phase Evaluate Your Prospects Proceed to examine selected list of vendors in detail. Meet representatives in person. Should the conversation become complex refer to your criteria list, this will help you focus on addressing and evaluating vendor offerings against your requirements. Developing a rating scale will enable assessment of vendors objectively. Request for Proposal (RFP) post evaluation would be the right time to request vendors to submit a proposal with the quotations. If your requirement is complex, you could design a RFP and ask service providers to answers specific questions. Here are some pointers to design a successful RFP, one that will help you in the evaluation Ÿ Ask for responses in a desired format (including pricing sheets) to identify answers you desire easily Ÿ Ask specific questions based on your success criteria Ÿ Divulge as much as information possible in order to provide them with a specific idea of your plan. © 2012 Info Checkpoint, Inc. All rights reserved.
  • 4. Details such as timelines, budget, desired results, reporting, monitoring and measuring requirements. Ÿ Value their time. If you are disorganized, uncertain and too demanding, vendors may perceive you as a 'difficult' client and possibly quote a higher amount. Assess, Negotiate and Select The final and most important phase is assessing your bidders. Negotiate with them if you have two minds about more than one vendor. Maintaining an objective rating scale will make it easy for you to evaluate and identify the best suited vendor. Finally, select the best suited service provider taking into consideration they should be able to support you throughout the process of the project. The right marketing vendor plays a big hand in enabling business intelligence and increasing your marketing ROIs and revenues. Gain a power packed database and revolutionize your ROI with Info CheckPoint © 2012 Info Checkpoint, Inc. All rights reserved.