Marketing has changed significantly in the last several decades.
Technological advancements in the field have given birth to platforms like
social media and search engine marketing, leaving marketers with no shortage of
channels to leverage.
Just last year, the Direct Marketing Association reported
that over half of all marketers they surveyed
planned to increase marketing budgets allocated to email as a result of
their previous success.
So what is it then, in this era of demand-driven social
marketing, that continues to make email marketing a core component of
successful small business marketing strategies?
1. Insights you can
count on
One of the strongest assets email marketing brings to the
table is the detailed reporting and analysis at your fingertips.
Contrary to more traditional marketing channels like print
or television, email marketing reports provide valuable insights into the
overall success of your marketing campaigns.
While most email marketing apps provide basic metrics, like
clicks or opens, the good ones allow you to dig deeper into the details. Taking a look at metrics like how long your
recipients spend reading your emails, as well as the devices or email services
they use to access them, tells the marketer a lot about what is working and
what isn’t with their email campaigns.
2. It doesn’t take up too much time
Most good things take time.
For small businesses that often operate without the resources of a large
marketing department, every task must be weighed against everything else that
can be done with that same amount of time.
Typically, we find it takes the average user only about 30
minutes to complete their first campaign. This includes the time it takes to
import contacts, design a template, test it, and feel the adrenaline pump of
pressing “send.”
3. Keeps your bottom line healthy
When it comes to a small business, the reality is that
everything boils down to return on investment and how long it takes to get
there. Small businesses must be able to
justify each and every dollar of marketing, and that’s what draws them to email.
According to the DMA, each dollar spent on email marketing
generates roughly $44 in revenue. While this statistic may be somewhat
inflated, it is hard to argue against email marketing’s proven ability to
consistently deliver outstanding results.
In order to re-engage previous customers, move new leads
through the sales funnel, and cross-sell to current clients, email targets the
low hanging fruit - your contact
database. When you create email campaigns focused on existing relationships (no
matter the level), you create a non-invasive method for staying relevant that
will surely pay off in the future.
Source: www.entrepreneur.com
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