With so much going on with social media and PPC campaigns, is marketing via email still an effective tool?
Email marketing is as old as email itself. This thought can often lead us to think that it's a dated, if not obsolete tactic. But just as TV and newspaper ads are still running today, this approach is still quite relevant and highly-effective if executed properly. Email is still widely used, especially in the workplace and in B2B scenarios, so there's a great potential for targeted marketing that your competitors may be ignoring.
Email Marketing has a high ROI
Even today, email marketing has one of the highest yields of ROI among digital tactics, in the range of $38-$44 returned per $1 invested. While there is much to unpack in those figures, they are still very high even in absolute terms. Small investments in email campaigns can make a single dollar go a long way, so they are an easy and cost-effective way to start taking advantage of digital marketing.
Email marketing can beat social media ads
Believe it or not, email campaigns can beat social media ads when it comes to grabbing audience attention. Humans have built up a tolerance to social media ads much like how we tend to ignore most of the physical advertising around us as we drive through a city. Checking your email is a more focused task than surfing through Facebook or Twitter, so your attention span is much more receptive to important information.
At CXGlobals, we work with many companies in the IT solutions industry. Our clients' customer profiles often include C-level execs and IT managers that usually explore their email inbox for work over leisure. This type of audience is way more open to opening an interesting looking email over clicking on social media ad, making this type of marketing an effective tool to communicate with them. Additionally, newsletter campaigns specifically target subscribers. This means that you will be sending information to people who have already been interested in your brand on a previous occasion, increasing your chances of earning a qualified lead.
Email Marketing lets you create an automated journey
One of the advantages of using newsletters and email marketing campaigns is that you can create an automated journey for your potential leads straight into your sales funnel. Sophisticated email design paired with interesting and informative content can easily get a potential lead to go to your website or a landing page within it. From there, a strong website can do the job it's supposed to do: sell your brand.
Email Marketing metrics can be easily tracked
Tracking metrics for email campaigns is both straightforward and very revealing of audience behavior. Nearly every email marketing tool measures open rate, bounce rate, CTR, clicks, and unsubscribes. These metrics can easily be studied and compared to show you what types of headlines are getting more attention, what topics are being most clicked on and how many users are following the automated journey into your website.
So, are you ready to try it out? Read more on our demand generation tactics here.