Lead suppression
Avoid the cost of engaging leads that won't convert
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Boost your direct mail ROI with lead suppression
Direct mail is a powerful marketing channel, but it's no secret that it can get expensive. With printing and mailing costs often exceeding $1 per piece, brands need to ensure that every dollar spent is working toward driving conversions. One effective strategy to maximize your direct mail campaign’s efficiency is lead suppression.
In this post, we’ll explore how Faraday’s AI-powered platform can help you cut costs and improve conversion rates through lead suppression.
The challenge: mailing lists can be costly
Brands use a variety of methods to source mailing lists for their direct mail campaigns:
- House lists – These include current or past customers and leads who have already shared their mailing address.
- Co-op lists – Brands join a data cooperative, sharing their customer lists in exchange for access to other businesses' lists, such as Epsilon’s Abacus and Wiland Database Cooperative.
- Credit bureau lists – Financial institutions often partner with credit bureaus to send pre-approved credit offers.
- List providers – Data brokers rent out lists based on specific criteria, though the quality can vary significantly. Providers like Data Axel are commonly used in direct mail.
Each of these methods generates large lists of potential customers, but not every recipient will be a good fit. With direct mail campaigns, sending to a large volume of unqualified leads can eat into your profits. This is where lead suppression comes in.
The solution: smarter direct mail targeting
Faraday’s AI-driven platform helps you get the most out of your direct mail campaigns by refining your mailing list. Instead of blindly mailing to everyone, Faraday scores each individual on the list based on their likelihood to convert into a paying customer.
Once the scoring is complete, you can suppress low-scoring leads from your direct mail campaign, ensuring that you’re only reaching out to the most promising recipients.
Why lead suppression matters
By implementing lead suppression in your direct mail efforts, you can:
- Reduce costs – By eliminating low-probability leads, you send fewer mailers and save money on printing and postage.
- Improve conversion rates – By focusing on high-quality leads, your mailers are more likely to reach people who will actually convert, boosting the overall effectiveness of your campaign.
Get started with Faraday today
Lead suppression is a simple yet powerful way to maximize your marketing budget and improve campaign performance. By leveraging Faraday’s AI to score your direct mail lists, you can ensure that your message reaches the right people—without wasting resources on those unlikely to convert.
Ready to learn more? Contact us today and see how Faraday can transform your direct mail strategy.
- Step 1
Ingest your data into event streams
This allows Faraday to understand what your data means. These links will guide you through ingesting the data necessary to power this template. - Step 3
Declare your prediction objectives
With your cohorts defined, it's easy to instruct Faraday to predict the necessary behaviors. Follow the docs with the link below. - Step 4
Define your lead scoring pipeline
Finally, deploy your prediction with the link below.
Deploy your lead suppression predictions to . . .
Aurora (MySQL)
AWS Aurora Postgres
Azure SQL
BigQuery
Facebook Custom Audiences
GCS
Google Ads
Google Cloud SQL (MySQL)
Google Cloud SQL (Postgres)
Google Cloud SQL (SQL Server)
HubSpot
Iterable
Klaviyo
LinkedIn Ads
MySQL
Pinterest Ads
Poplar
Postgres
RDS (MySQL)
RDS (Postgres)
RDS (SQL Server)
Recharge
Redshift
Redshift Serverless
S3
Salesforce
Salesforce Marketing Cloud
Segment
SFTP
Shopify
Snowflake
SQL Server
Stripe
The Trade Desk
TikTok
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