The Care and Feeding of Your Contacts List

When was the last time you gave a hoot about- Understand what portion of your business
the state of your contact database? If yourcomes from new clients vs. referrals
professional services firm (accounting, finance,- Understand which of your target market
architecture, engineering, legal, managementsectors is most profitable
consulting, technology, etc.) is like most, it's- Track the various types of "touches" you have
probably been a while. If you are not losing sleepwith your client
over how your contacts are segmented or how- Maintain your ability to communicate with clients
often records are validated, you're not alone.on a regular basis and grow the relationship.
Contact databases are easy to neglect, yet they- Add value to your clients' businesses by giving
contain your riches intellectual property.you ability to target different segments with
If you are the CEO of your firm, you don't haverelevant content.
time to worry your contacts.... you've got aBecause of their long business development cycle,
company to run. Besides, you always have theservice firms need to be able to nurture
holiday card list as backup.prospective client relationships over a period of
On the other hand, if you are responsible formonths, even years. The trick is to maintain a
marketing at your firm, you probably recognizeclean list that can be tapped with confidence at
the value of maintaining a clean contact database.any time. I recently spoke with a professional
But the thought of scrubbing a list of hundreds orservices firm executive who had this to say
thousands of names makes you cringe. Given theabout maintaining her firm's contact database:
bandwidth required for such an undertaking, the"Every January we say the same thing... this year
work will never gets done.our firm will focus on routinely cleaning our
A firm's technical subject matter experts (SMEs)contact database and not waiting until the
may use contact lists on a daily basis, but theirend-of-year holiday card season. This year, our
needs are basic. As a result, they are unlikely tofirm will implement a data hygiene program that
worry about the quality of a contact database.everyone in the firm participates in. Of course, it
Keeping your contact database clean and properlynever happens that way." Sound familiar?
segmented, however, is a critical first step to anyEntering and validating contacts is tedious
successful marketing program.business, but the tangible benefits are well worth
A well-maintained database can help you in a wideit.
variety of ways. For instance, it allows you to: