Overview:
Many direct marketers are keenly aware of the trade-off between risk andresponse – individuals with the highest credit risk tend to respond best to offersof credit, while individuals with perfect credit are typically unlikely to respond tooffers of credit. Combined with a recent trend away from doing pre-approvedoffers of credit, the need to determine an individual’s likely credit profile is moreimportant than ever when executing effective marketing campaigns.
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Many direct marketers are keenly aware of the trade-off between risk and
response – individuals with the highest credit risk tend to respond best to offers
of credit, while individuals with perfect credit are typically unlikely to respond to
offers of credit. Combined with a recent trend away from doing pre-approved
offers of credit, the need to determine an individual’s likely credit profile is more
important than ever when executing effective marketing campaigns.
| Author: | Dave Kelly |
| Date: | November 30, -0001 |