FREQUENTLY ASKED QUESTIONS
How
many contacts are listed in the franchisor database for
each company?
So that our database clients can contact the decision
makers with each franchise system, we note both the senior
contact for franchising (Main Contact) and the President/CEO
(President Contact). Where there is a separate President
and CEO, we frequently list both. Similarly, when there
are two positions that might be the franchising decision
maker, we frequently list more than one person. There
is a 1 in the Columns C and D designating which area the
contact falls into.
Are
email addresses included in the database?
Because of the FCC’s CAN-SPAM Rules (click
here), we are precluded from providing more than a
single email address for each company. This is usually
the direct email address for the preferred contact person
for franchising. In many companies, especially for smaller
franchise systems, the contact person may also be the
president. In maybe 25% of the cases, the email address
provided is generic – e.g. franchising@XYZ.com or
info@ABC.com.
Are
international franchisors included in the database?
The database includes only active North American franchisors
and does not include franchisors headquartered outside
the USA or Canada.
How
often is the database updated? How accurate
is the database?
The World Franchising Network maintains a database in
excess of 14,000 unique email addresses within the franchising
industry. On average, we send out one or more email blasts
every week to various segments of the franchising industry.
When analytic reports come back, we immediately remove
all bounced email addresses from our database. Consequently,
the database we provide to database clients should be
99+% accurate at any point in time.
For
the number of Franchised Units and Company-Owned Units,
our objective is to provide the most current number of
actual operating units. Unfortunately, many franchisors
also include units when an agreement has been signed,
but not yet operational. The cells that relate to Total
Investment are provided solely as a reference point and
are not available for all franchisors. These numbers change
with some frequency and may not reflect the most current
information. Similarly, the data for Year of Incorporation
and First Year Franchising are for reference purposes
only. We provide this information when we have it, with
the knowledge that it varies somewhat depending upon the
source.
Do
you provide a rebate for inaccurate mailing or email addresses?
While we guarantee the accuracy of the mailing addresses
($.50 rebate for each returned mailing), we do not guarantee
the accuracy of the email addresses. Whereas we might
generate 50 bounced email addresses from an email blast
of 10,000 recipients (well under 1%), we have found that
the number of inaccurate emails is often a function of
how the email is sent and the software used. Accordingly,
a client’s bounce rate might be substantially higher
than might otherwise be the case using state-of-the-art
technology.
How
is the industry category determined for each franchisor?
Working with FRANdata,
we have streamlined our industry breakdown to 29 distinct
industry categories. In some cases, a company might prefer
to be listed in another or more than one industry group.
For the most part, however, we feel that most companies
are listed in a category that most accurately reflects
what they do.
FURTHER
RECOMMENDATIONS
Until
a year or so ago, we used the most popular email marketing
software provider to send out our emails. Using this popular
software, however, often resulted in as many as 600 bounces
out of approximately 10,000 unique email addresses. Because
of our on-going efforts to maintain the accuracy of the
database, we knew, however, that the vast majority of
the email addresses that had bounced were in fact current
and active email addresses. We subsequently switched to
another email marketing firm (Vidi
Emi) that has reduced the number of bounces to 50
or less for an email blast of nearly 10,000 unique email
addresses. All bounces are immediately eliminated from
our database. If you would like more information about
Vidi Emi, please contact Robin Simmons at (510) 667-9999.
While their services are more expensive than that of the
email marketing software provider we were using, our throughput
of emails and the on-going design assistance we receive
from them more than justifies the incremental expense.
The
database we provide to clients includes over 3,000 active
North American franchisors. Given these difficult economic
times, we do our best to eliminate companies that are
no longer actively franchising. Similarly, since we are
in constant contact with the franchising industry, we
are generally privy to new franchisors. The most reliable
source of information on new franchisors is provided by
FRANdata in their New Concept Report that comes out each
quarter. To learn more about their service, please click
here. For further information, please contact Edith
Wiseman at ewiseman@frandata.com
or (703) 740-4707.
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