Updated on: 09-11-2021 by WEB-ROI
In many ways, marketers are beginning to appreciate the true value of an email list and email marketing in general, favouring it over social media in many different ways.
One of the reasons why this small business guide to email marketing is so necessary for small business owners is because email marketing gives you more control over your marketing messages and who your message goes out to. How? You own your email list!
No, that doesn’t mean that you own your customers, but what it does mean is that your email and your messaging isn’t subject to the dreaded social media algorithms. In fact, according to a survey published by Opt-In Monster, the average conversion rate for email (6.05%) is more than 3 times what the conversion rate is for social media marketing posts (1.9%).
Convinced yet?
That’s what we thought. In this small business guide to email marketing, we will dive into when you should send your emails (i.e. what purposes emails can serve), how often you should send your emails and how to build your email list.
And now, without further ado, here’s our small business guide to email marketing!
There are many ways to use email marketing to further your marketing and business objectives. The most common objectives that marketers use email to achieve include:
Email is a strategic way of reaching your customers and generating leads. According to HubSpot there are 3.8 billion email users worldwide and $38 made for every $1 spent this is an amazing return on investment. Email is 40x more effective for customer acquisition than Facebook and Twitter combined. The next time you are wondering if you should use email to reach out to potential clients, think of these results.
To begin using email marketing for your small business you need to consider what your email marketing strategy will be. Your customers receive hundreds of emails a day, and you need to ensure that your email will not get lost in a crowded inbox. To achieve this, creating and implementing an email marketing strategy is your best bet. Follow these steps to build an effective email marketing strategy:
You can easily manage your campaigns with email service providers like Mailchimp, Constant Contact, and many others. Want to learn more about email marketing? Download our eBook today!
Download your FREE copy of 5 Tips to Shift Your Email Marketing Campaign into the Next Gear.
Of course, this wouldn’t be a small business guide to email marketing without talking about how you can build that email list. Quite frankly, there’s no sense in investing time and money into a marketing campaign that doesn’t reach your target audience. With that in mind, be sure to dedicate consistent efforts to building your email list, not just marketing to it. This also includes cleaning up your email list regularly to ensure that the people you are reaching are still relevant to your business and want to continue to receive your emails. This can greatly reduce the number of unsubscribes.
These days, one very popular tactic to growing your email list is by creating and offering what’s called a ‘lead magnet.’ A lead magnet is a piece of content – it could be an eBook, whitepaper, webinar, or something else entirely – that is useful or otherwise attractive to your target audience, compelling them to give you their precious email address (something that pushes past their thought: “ugh, not another email collection tactic”) in order to get this valuable piece of information that you’re offering.
You can also build your email list by creating an opt-in form or adding an opt-in to your existing forms that will compel your customers to sign up.
The frequency with which you send emails to your email list can be highly dependent on your target audience, what you’re offering, your goals and so many other factors. Going into your email marketing efforts with an open mind, allows you to test different frequencies and other elements of the campaign until it begins to resonate with the audience that you want to attract most.
Once you have created an email list and developed an email marketing strategy you can start to send your emails. To continue to improve your business it is imperative to dive into the analysis of your email marketing strategy. The following are some things to consider when analyzing your email marketing efforts.
We hope this email marketing guide provides you with the information you need to feel more comfortable utilizing the power of email to grow your business.
When used correctly, the benefits of email marketing are numerous. For more information about how email marketing can benefit your business, or to learn about our email marketing services contact us today.
Sources
https://optinmonster.com/email-marketing-vs-social-media-performance-2016-2019-statistics/
https://blog.hubspot.com/marketing/email-marketing-guide
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