Here are some of the interesting Email Marketing facts:
- According to DMA, Email marketing ROI is $40 for every $1 invested.
- Survey of US marketers found that 88% of the B2C & 71% of the B2B organization use Email Marketing - Forrester
- 88% of the respondents said that their Email Marketing budget will increase or stay same for next 12 months – MII
- There are 3.6 (Approx) billion email accounts in 2013
- 64% of the Decision Makers read their email via mobile device (mostly instantly)
- Email which include social sharing buttons have 158% higher click through rate - Getresponse
Here is a Chart to demonstrate that Email Marketing plays a significant role in inbound marketing & produces 13% of all the Leads:
Despite the ever increasing toolkits and techniques available to marketers, email still holds its place as a channel that offers a strong ROI, with two-thirds (72%) of in-house marketers rating email as having an “excellent” or “good” ROI – According to Econsultancy.
With the above mentioned facts on Email Marketing & the charts it should be very obvious that Email Marketing is one of the cost effective marketing tool.
Here are five reasons to summarize why Email Marketing is one of the most popular marketing tool for Lead generation & Brand building:
- It has the maximum reach
- It is very simple to use (No learning curve)
- It is very inexpensive
- The ROI is very high
- Overall one of the best Digital Marketing tool
Now let us look at how to do Successful Email Marketing. Here are three steps to do Email Marketing which will produce desired results:
1) Build the right Database – There are two ways to build the database. You can buy the database or build your own database. Although the first option is quickest & easiest, the second option is highly recommended. When you build your own Database, using opt-in (single or double) option, you are sure of the authenticity of the database & hence will produce better results. Also with the purchased database list you run the risk of getting blacklisted by your ISP/ESP & your digital reputation can be in jeopardy.
2) Plan & design your campaign properly - this is one of the most important step in the how to Email Marketing Campaign process. In this step you need to decide who your target audience is, what is the message that you are going to communicate & how are you going to entice your reader to click some of the links. You have to design the email (text or HTML) with attractive look & feel & interesting content. You also should have appropriate Landing pages in your website to guide them to take anticipated steps. Here few things you need to pay attention to during this stage;
a. Make sure that your campaign is CAN-SPAM compliant
b. Need to have adequate call to action buttons in email & in landing pages
c. Subject line is very important ( almost 60% of the reader open/don’t open the email looking at the subject line)
3) Execute the campaign successfully - You need to decide on how you are going to execute the email Campaign, whether to do it in house or use an ESP/ Marketing agency. Here are some of the steps to pay attention to:
a. Test, test , test email campaign before executing the actual/final campaign.
b. Try to use auto responder for better results.
c. Schedule the email campaign as the time of the day & day of the week may have significant impact on the opening & click through rate (CTR)
d. Manage the bounce & subscribe properly to avoid any negative impacts.
e. Based on the reports analyse the campaign; fine tune the future campaign for better results.
Here is an interesting chart to help you do an effective Email Marketing:
Summary: Email Marketing has come a long way. Unlike earlier where email campaign use to be one page email describing features of your products with attachment/s and the outcome of the campaign was not measureable accurately. In today’s Internet world, Email Marketing is one of the important tools in the digital marketing and can be used for various campaigns & is highly measurable. It is not only inexpensive but also one of highest result generating tool. Email marketing is hence one of the best tools for lead generation & brand building.