12. Your Target Market:
This can be one of most critical aspects relating to campaign success or failure. The thought, effort and time that we invest in identifying the best targets for you is generally considerable, and frequently more work than the client may think.
There are a number of key questions that help us to compile an initial list, and then a further series of questions which will enable us to prioritise how we target, how many times we target them, and how we then decide upon how to segment them.
Firstly, what are you looking for in terms of business?
For example:
  • Immediate wins? (i.e. ‘low hanging fruit’)
  • The biggest wins?
  • Long term business?
  • Widest coverage or volume?
What factors influence their propensity to engage with you/buy from you? (see ‘ideal profile’ below)
Are you targeting existing clients or new business..or both?..and if so, in what proportion?
Are your targets based in the UK? Abroad? Both?
Do you have an existing customer list to start with?
Are you targeting a competitive base? ..which base?
Which Industry sectors?: sometimes this is very specific; often there may be a decision to be made on what mix of sectors to target. What are the criteria? What is the reasoning behind the proposed selection of sectors?
Size of organisation?: once again think about total population of potential targets – are there enough to generate the level of response you are looking for? (Please consider the chances of getting a response, the timescales you are looking to achieve that by, and hence the total number of gargets you may need in your ‘long list’ of targets in order to give you every chance of achieving that hit rate.)
Type of organisation? (e.g. multisite; UK head offices; millions of customers/products etc): what, within their organisational makeup, might affect our ability to gain a positive response? Would this multisite or possible multicast contact?
Which contacts?
  • Who do we need to communicate with?
  • How many people do we need to engage with?
  • Do you know who/where they are?
  • How feasible is it to expect them to be contacted within the budgets and timescales allocated?
  • What form of contact are they likely to respond to best?
What else do we need to know about these organisations in order to determine how appropriate they might be for targeting?
  • Turnover? No of employees? No of extensions? PCs? Servers?
  • Location of Parent Organisation?
  • How many sites do you think are bona fide targets in your sector?
  • Existing systems? (Hardware? Software? Networks?)