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NEW ROYAL MAIL DATA PRODUCT AFTER SHOCKING MISTAKES REVEALED 20/01/04
 
Almost seven out of ten business letters contain mistakes due to poorly updated records, according to latest research from Royal Mail.

Its study shows that a shocking 69% have one or more errors (i.e. incorrectly addressed or company has moved office), which translates as 172m items of mail sent to businesses that had moved or ceased to trade.

Royal Mail estimates this cost UK organisations in excess of £163m in 2002, and in response, it has launched a new database product aimed at charities that tracks, monitors and updates change to businesses each month.

The Royal Mail Business Changes File, developed in association with D & B, enables groups not only to keep track of present supporters, but to identify new leads of businesses that have just started or have just moved. This is vital for charities hoping to keep track of existing and potential donors.

Richard Roche, head of business development at Royal Mail, says: "It seems incredible that so many fail to accurately target donor addresses. I am sure this new addition to our comprehensive range of data services will provide access to greater and more accurate data. We are dedicated to enabling charities to deliver more targeted mailings and, ultimately, generate more donations."
 
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