Saturday, November 08, 2008

Expect less junk mail as marketers cut back

Marketers are generally a persistent lot, but they're beginning to think that bombarding your mailbox might not be worth it.

At the rate things are going, credit card companies will send a billion fewer unsolicited offers to consumers by the end of the year, dropping from 5.2 billion offers last year, according to data released yesterday by Synovate Mail Monitor, a market research firm. Home-equity credit mailings dropped 66 percent in the third quarter this year to 72.9 million, compared with 215 million in the same period last year, according to market research firm Mintel Comperemedia. Mortgage mailings dropped 44 percent to 182.4 million from 324.1 million in same period last year.

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