|
Vendor Audits and Reviews
Are you being overcharged or buying more resources than you
need? Is the data you're getting good? Are you getting
all the data, like every adverse event called into your
telemarketing services provider? Are your samples delivered
to the right people and tracked accurately?
You need to know.
In some cases, you are compelled by law to know. And that is
why DB Marketing Technologies is the leading provider of
marketing vendor audits to corporate America. We review
marketing database service providers, telemarketing vendors,
fulfillment houses, direct agencies and more.
We uncover process flaws that result in longer delivery
times. We identify where vendors over-resource a project.
And we test compliance protocols to ensure our clients are
meeting their regulatory requirements.
Vendor Audits are not about a lack of trust, but a need to
verify that you have the right team working in the right way
to deliver the quality product or service that you've
purchased. Even your favorite vendors can get a little
sloppy over the years and need a reboot.
And that is why our team of analysts, who have worked for
and with these types of vendors for many years can so easily
go in and find where errors and inefficiencies occur and
make fixes so that you can boost your marketing performance,
increase your vendor ROI and stay in compliance.
Fig. 1: Case Study of Client’s Marketing Database
Management Costs Pre-audit and Post-audit.
|
Task
|
Cost without Audit
|
Cost w/ DBMT Audit
|
|
Database Management
|
$2,100,000
|
$1,680,000
|
|
Addressing Errors & Delays
|
$570,000
|
$0
|
|
Database Migration
|
$600,000
|
$0
|
|
Marketing Database Performance Audit
|
$0
|
$150,000
|
|
Marketing Database Management Support
|
$0
|
$330,000
|
|
Total
|
$3,270,000.00
|
$2,100,000.00
|
|
Actual
Client Savings
|
$0
|
$1,170,000.00
|
Careful, Periodic
Audits Will Save You Money!
DB Marketing Technologies analysts have a proven track
record of cutting costs without cutting services. Because
DBMT staffers have a long history of auditing and working
with marketing vendors, they know where vendors tend to pile
on resources to compensate for experience-gaps and where
they charge too much for over-engineered solutions.
DB Marketing Technologies audits are
geared to deliver maximum value to clients through:
1.
Incorporation of
historical context and future needs.
Past decisions, projects, vendors and stakeholder
actions can have a lasting impact on multiple parts of the
vendor contract and service requirements. These histories
must be reviewed for a complete assessment of the current
state. Stated
and un-stated future requirements reveal the degree to which
the current architecture will be sufficient.
2.
End-to-end assessment.
CRM practices are the
intersection of resources, skills, tools, processes and
data—and each vendor contributes a critical piece to a
successful architecture.
As a result, a vendor audit must include a detailed
review of marketing activities, creative, surveys/forms,
personnel, vendor capabilities and stakeholder involvement.
Successful assessments tie all of these pieces
together driving complete and accurate conclusions and
insightful recommendations.
3.
Focus on both impact on execution and impact on insight
availability and quality.
To truly meet company needs, vendors must do their
part to enable the organization to successfully execute
programs – reaching the right people at the right time with
the right message – and deliver accurate insights so that
the company can develop the right message for the right
groups of people and deliver them at the right time.
A vendor must be assessed for its ability to deliver
on both levels.
When DBMT is in your corner, you not only get a partner who
will get you better pricing, but also a trusted advisor who
will make sure your vendors are aligned to deliver on your
business requirements. Consequently, DBMT clients benefit
from both reduced charges and improved marketing
performance.
For more information on DBMT Vendor Audits and
Reviews, please call (212) 717-6000 x202.
|

Click here to see how one company saved over
$1 million by auditing their marketing database services
provider... |