July 2022 - The Software Bureau

COVID ravages business databases

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COVID ravages business databases

By Martin|2022-07-25T14:23:56+00:00July 25th, 2022|

The rule of thumb is that data degrades by 33 per cent per year. This means that for a consumer database comprising 3.5 million records if you were to do nothing to it within 12 months 1,155,000 of those records would be wrong. A sobering thought, right? Well, the problem for marketers is that COVID has accelerated the rate of decay. We conducted some research last year which revealed that the property bubble combined with the increased mortality rate meant that data now decays at a rate of 37.5 per cent. But how about for B2B marketers? The rate of data decay due to COVID is also getting faster due to the pandemic. Average job tenure has shrunk to just [...]

‘Significant number’ of charities sending fundraising material to people who have asked them to stop

By Martin|2022-07-18T17:26:06+00:00July 18th, 2022|

According to an article recently published in Third Sector Magazine a “significant number” of charities are sending fundraising communications to members of the public even after requests to stop, the Fundraising Regulator has said. The regulator made the statement after a review of the Fundraising Preference Service (FPS), which was set up in the aftermath of the Olive Cooke case, which tragically saw the 92-year-old life-long charity supporter take her own life due to a deluge of charity donation requests. The FPS provides members of the public with a way to ask charities to stop contacting them with requests for donations. The Fundraising Regulator said it was writing to those charities which are not responding to public requests and telling [...]

Regulatory update: Why your mailing data is going to get even more valuable

By Martin|2022-07-12T10:51:25+00:00July 12th, 2022|

The latest figures from JICMail, Royal Mail and The DMA show that direct mail is experiencing something of a resurgence. Volumes are at their highest level for years with increasing number of brands adding it into their marketing mix, it is now the most authoritative advertising channel with consumer trust higher for direct mail than any other media and with incentives from Royal Mail being extended until September it is also incredibly cost effective. And if what is in the regulatory pipeline both in the UK and EU it seems that this renaissance won’t be short lived. If anything, direct mail will become even more influential. Recent updates from the DMA in its Responsible Marketing Update webinar reveal several reasons [...]