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mailed was 6000. In addition, 520 companies were set aside as a control group to monitor the success of the promotion. These 520 companies did not get the promotions. This test mailing proved that the scoring methodology that had been developed was highly accurate; the results are shown in Table 7-5. As a result, Isuzu used the same methodology to score the entire customer le for a follow-up mailing. This gave Isuzu the ability to target key customers and ensure the sale of a vehicle at very little cost, compared to normal prospect acquisition costs. The marketing and sales departments were initially dubious about the mailing. Based on their previous experience, they had expected to sell only 85 trucks to 6000 prospects. After they saw the results, they could see that their future success was going to be tied to database marketing. Being able to accurately predict which companies were likely to buy, so that they could direct their marketing and sales efforts at those companies, proved to be a powerful advantage. As a result of the test campaign, the company sold 160 trucks, for a total of more than $5,600,000, with an investment, including the model, printing, mailing, and generation of creative material, of $80,000 (see Table 7-6). The industry estimates that, in general, it costs a manufacturer about $1000 in marketing and sales effort to sell one midsized truck. Using the database, Isuzu was able to sell the trucks for half that amount. birt code 128 Barcode using font CODE 128 — OpenText - Forums
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