Incorrect or undeliverable addresses - costs go up, sales go down
There are many reasons for incorrect or undeliverable addresses. All have one thing in common: unnecessary additional costs and lost sales for Internet mail order companies and operators of webshops.
- Typing errors prevent merchandise from reaching the customer and cause additional research costs. Postage discounts can be reduced or cancelled by the post carrier if mass mailings include a large number of incorrect addresses.
- Data entry errors caused by unclear or unavailable input masks make correct input more difficult or assign data incorrectly – this is a particular problem in international applications with different address structures. These have to be manually cleansed with a high investment of time and operating costs. Customer satisfaction and customer retention are also affected.
- Deliberate incorrect entries (joke addresses) start dispatch processes which cost money and have to be reversed with great effort.
- The merchandise may not be delivered as a result of out-of-date addresses which are not updated by the customer, thereby generating high costs for return delivery and re-sending.
Duplicates – unnecessary additional costs, unused up/cross-selling
Multiple data records (duplicates) are also problematic:
- Logons to Web portals are unintentionally executed several times and lead to duplicate data.
- Intentional new accounts, e.g. for unwanted or illegal comments in forums, self-promotion, SPAM or orders which are regularly not accepted or unpaid.
They not only cause costs for cleansing the data, but also falsify the single view of the customer. Analyses e.g. in CRM applications are made more difficult, upselling and cross-selling potentials cannot be used cost-effectively.
Incorrect bank details - Sender pays the charges
Incorrectly entered bank details lead to delays in delivery and payment and additional research costs in the best case and to high costs for failed debit transactions or even complete non-payment in the worst case. The sender pays the bill in every case.