January 18, 2021  
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Mailing Lists for Personal Financial Services Businesses

The challenge of selling to personal financial services businesses is all about targeting the needs and motivations of your prospects. We'll tell you how to use direct mailing lists to minimize headaches and maximize sales.

No doubt about it, meetings with prospective new customers as often as possible is essential for sales success. Without the right leads, your sales program is doomed to mediocrity.
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Good, third-party lead lists can bring stability and consistency to your sales strategy. In addition, there are a handful of additional benefits lead lists give companies that routinely sell to personal financial services businesses.

Measuring Lead List ROI

Multiple methods exist for measuring the effectiveness of personal financial services business lead lists.

For starters, conversion rate (number of sales/number of leads) is essential in measuring lead list success and failure rates. But you may also want to think about integrating a few other metrics into your assessment routine.

A units-per-lead measurement reveals the quality of your vendor's leads and database contents. When compared to your internal lead generation metrics, a dismal units-per-lead number indicate a provider that isn't performing adequate qualification or lead filtering. Similarly, individual metrics for your sales staff can reveal how well each of your team members is using the leads they receive from your vendor.

How to Recognize High Quality Lead Lists

Not sure what to look for in a great lead list vendor? When we buy lead lists, we look for accuracy, updating and speed.

First-tier list providers like Experian Business Services have created large personal financial services business databases to give their clients the most up-to-date leads in the industry.

When choosing a personal financial services business list vendor, ease of conversion is a major consideration. The more accurate and targeted your lead list is, the higher your conversion rate will be. However, you'll also want to consider how long it takes the vendor to fulfill list requests. These days, even minor backlogs can bring sales and marketing processes to a standstill.

Generating Leads

There is no single method for successfully generating leads in a B2B business. Customer referrals, industry contacts and other strategies can be found throughout the industry.

But even though a handful of quality leads are enough to prime the pump, you will ultimately need an ongoing source of leads to drive your sales cycle. Lead lists offer a steady stream of personal financial services business contacts that can be sorted according to precise sellings criteria.

More Mailing List and Direct Marketing Resources

Given your interest in personal financial services business mailing lists, you may enjoy these resources.

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How are you going about building your personal financial services business lead database? We always welcome feedback and would love to hear how you sell to personal financial services businesses.

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Already Have a Personal Financial Services Business?

If you have an existing personal financial services business, we've got some more appropriate guides for you:

Marketing a Personal Financial Services Business

Selling a Personal Financial Services Business

Do You Plan on Starting a Personal Financial Services Business Soon?

If opening a personal financial services business is on your to-do list, these guides will help you get started:

How to Start a Personal Financial Services Business

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