Many business owners may find it hard to believe but email marketing is still one of the most effective channels for digital marketing. In fact, one report claims that email marketing returns $38 for every $1 spent. Additionally, 59 per cent of B2B marketers still find email as the most effective channel for revenue generation. In the year, 2014, email marketing was listed to be one of the best marketing tools for customer retention as well. However, many businesses fail to get the desired results with email marketing.
We are all aware of the fact that a good email marketing practice will pay out. But where to start? How to create a winning strategy for email marketing?
To help you out, here are some ways that will not only ensure that your email marketing campaign is a success but will also give you some link building ideas alongside as well:
Just like you plan your marketing efforts for newspaper ads, social media channels, and signboards – your email newsletter also needs a strategy.
Make sure that your email newsletter is planned for the core target market. These are mostly people who are or will be interested in the product/service you offer. Take the time out to research. Make sure that the email newsletter template you select is aesthetically appealing for the target audience and also reflects your brand image thoroughly.
Segment the list appropriately
One of the biggest mistakes novice entrepreneurs make during email marketing is address the entire email contact list as one entity – regardless of whether they are long-term customers, new clients, prospects, or even decision makers.
If you do your research, you will find out that there are a variety of personas that make up your email lists and if you send all the contacts on your list the same boring, run-down of your company, then you are likely to lose a lot of business.
This is why, it is important that you segment your list appropriately and send out content that is suitable for the specific group.
Set a specific time and day for emails
While most business owners presume that most emails are opened during the office hours, i.e. 9 – 5, the Experian Marketing Service reports that 8 p.m. to midnight receives the best open rates. This time block not only received better open rates but also better click through and sales.
Sending emails on a wrong day can also lower the response rate of your efforts. In fact, MailChimp previously did a survey on the same and found out that weekends had the lowest opening rate while Tuesdays, Wednesdays, and Thursdays have the highest opening rates.
Give something away
Let’s admit it, we all like freebies. Of course, we are not encouraging you to give away free iPhones or plane tickets but a small token of appreciation can be a good gesture for your customers and of course, helpful for building your email list as well.
Not many are aware but when the renowned candy company, Tootsie Roll released a new lollipop flavor, it failed to attract much attention. However, the company organized a giveaway where they asked fans and followers to enter for a chance to be one of their taste testers. The interested participants were asked to share their name, email address, phone number, and other basic information to participate in the giveaway. In the end, the company not only succeeded in receiving feedback of their new candy flavor but also got access to email addresses of many fans and followers allowing them to engage with them frequently.
The same tactic was also used by Josh Earl, a freelance writer and programmer. He had a list of 5,500 email subscribers for his text editor called the Sublime Text. However, he wanted to acquire more subscribers and for that, he created a giveaway in which a free license for Sublime Text (priced at $70) was offered. After just 11 days of promoting the giveaway, Josh managed to acquire 187,991 email addresses along with 398,896 visitors on his website.
Optimize email for mobile phones
Did you know that 36% of emails are opened from smartphones? And if your email newsletter is not optimized to be open on mobile phones, chances are it might stay in the customer’s inbox for many days.
Think about it, if your email lists accounts for $100,000 in sales each month, can you afford to lose $44,000 just because your email does not look appropriate on a mobile phone.
Thus, make sure your email is designed in such a way that the text and images are easily scanned from mobile devices. The call-to-action buttons should also be visible and easy to tap. Additionally, ensure that you follow the guidelines of different mobile phones.
Re-engage with inactive visitors
Congratulations, you have succeeded in growing your email list. However, have you ever noticed how many inactive recipients are there on your list? Research shows that average inactivity for an email list is 63 percent. This means that most of the recipients of your email don’t follow up. Well, the best way to interact with them and keep them interested is to re-engage with them by sending them a follow-up email.
Additionally, don’t forget to welcome new visitors by sending out a welcome email. This not only shows a friendly gesture on your part but is also a powerful way to set expectations.
Re-check before you hit send
Once the ‘send’ button is tapped, nothing can be undone. This is why it is important that you re-check all aspects of your email before sending it out. Is the layout correct? Are the font and images set in proportion? Have you ran spelling and grammar check?
Make sure that you check everything and then send out your email to minimize the occurrence of any errors.
Develop a better email strategy
Discussed here were just some basic tips that you can apply to your email marketing strategy. With the right fundamentals in place, we are sure your emails will get better results and perform better. Good luck and do let us know how your email marketing strategy works.
ABOUT Alycia Gordan
Alycia Gordan is a freelance writer who loves to read and write articles on healthcare technology, fitness, and lifestyle. She is a tech junkie and divides her time between travel and writing. You can find her on Twitter: @meetalycia