Posts Tagged ‘ROI’

The Importance Of Internet Email Marketing

Email marketing is a potent and critical marketing tool that can effectively promote your website, help you generate more income, and ensure your Internet marketing success. A direct type of marketing through emails, Internet email marketing can do many things with spending much time and money. Email marketing is an economical way to advertise or promote a product, increase customers, ensure customer satisfaction, and improve product or brand appeal. In fact, most small online businesses consider email marketing as the number one promotion method to get more site visitors and customers. According to a survey, email marketing is rated by online businesses as one of the most important Internet marketing technologies in terms of promoting products and brands.

Email is very important in online marketing because it provides numerous advantages. Internet email marketing creates a win-win situation for Internet marketers and their target customers. Email marketing works by creating an incentive scheme for prospective customers who sign up to receive Internet marketing emails. Primarily, you send your prospects the links to your advertisements through emails. You get more traffic when more people click on your links in the emails that you sent. To make people click on the links, they are given points for every click. And when they reach a certain number of points, they get rewards. This advantage enables you to establish strong relations with your prospective customers.

Unlike other Internet marketing avenues, email marketing allows a proactive communication between the marketer and the target audience rather than the former passively waiting for visitors to make purchases on the website.

With email marketing, you do not have to spend for materials, production, and postage costs. One can get that huge benefit from free email. Compared to direct email, email marketing is 20 times more cost effective.

Another importance and advantage of Internet email marketing over other marketing channels is its ability to generate an immediate response by creating call to action techniques. These techniques make the target audience click on a link that leads them to your website or the sales page of your product. In addition, it is quite easy to make and distribute email promotions, newsletters, and announcements in a matter of hours using self-service tools available on the Internet. Communication between you and your customers is made fast and convenient without the need for tedious production process. As opposed to a mailed advertisement, email marketing can deliver ads in just a few seconds.

Email marketing is especially important to small and medium online enterprises because it provides list segmentation, professional HTML templates, and instant tracking and reporting. This marketing channel makes it easy for online marketers to deliver their message to consumers.

When it comes to measuring return on investments (ROI), email marketing can do the job easily and effectively. ROI measures the number of people who viewed your deals or newsletters sent via email, as well as how many readers clicked on the links in the email.
In a nutshell, Internet email marketing proves to be one important tool in ensuring online business success. If you are interested in using email marketing in promoting your website or product, you can take advantage of various email marketing software, tool, and other resources available on the Web that can help you get started.

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Three Practical Steps to Improving the ROI of Email Marketing Campaigns

In an economic downturn it is essential that you get the best return possible on money invested in direct marketing campaigns. In particular, with email marketing campaigns we are all looking for how we can make each email count and increase conversion rates. By taking just 3 simple and cost effective steps you can improve your email marketing campaigns and greatly increase your ROI.

Advanced segmentation

We all know how important segmentation is to a campaign's success, but how many of us really take the time and effort to use that knowledge effectively? The answer is 'Not Many'. Lots of busy marketers get through a whole year (if not a whole career) without worrying much about any segmentation beyond recency, frequency and value of past purchases.

While this basic level of segmentation is good in itself, there does come a time when we have to break out of our comfort zones if we are going to really excel.

Segmenting our email marketing data into lists that share common characteristics allows us to target the right people with the right message. Age, Gender, Class, Income, Location and Hobbies are just a few of the myriad ways we can split lists to give ourselves a greater chance of converting prospects into sales or to build ongoing relationships with recipients.

If it all seems like too much work, talk to your list brokers (they are the experts after all). They can take on the graft for you as part of their role, allowing you the to sit back and bask in the glory of the increased ROI that comes from really effective data segmentation.

Get relevant, get personal

Personalisation is not just putting a customer's name in a subject line. In order for our mailings to stand out amongst the in-box competition we need to make offers that are truly relevant to the individual recipients. This means understanding the data we hold and using it effectively.

We can all bandy around terms such as 'dynamic content' and 'life-cycle based messaging' but again, few of us have the time or inclination to really work our data. For example; the purchasing history of a fashion store customer may well show a marked preference for clothes of a particular colour. Why not use this data to dynamically choose the colour of product images sent in individual html emails? While an email to Mrs Smith might include a picture of a red dress, the email sent to Mrs Jones would show a blue version of the same dress. I am sure you can find an equivalent piece of data in your records that could be used to similar effect in your next email marketing campaign.

Using techniques such as this to make an email relevant to individual recipients is critical to making sure it gets opened, read and acted upon. Again, why not resolve to have a talk to your email list broker about how they can help you use the data you have at your disposal to create more effective email marketing campaigns.

Engage with new subscribers

Warmly welcome new subscribers immediately upon subscription. Even better, have a tempting offer or promotion ready for them. Then do all you can all avoid losing your new subscribers within the first couple months. Do you have a staggered email marketing programme ready to go as soon as they join? Many companies have been doing this very effectively for years but so many others are ignoring this simple but hugely successful technique.

It really is essential to keep in regular contact with subscribers with details of new products and services. Do send them a monthly newsletter including your latest news, offers and free trials. Incidentally, If the first email a customer receives from you has clear white list instructions, it will help ensure that it isn’t also the last email they receive from you.

Above all, from the start be clear about when, how and what you'll be emailing them in the future to avoid mismatched expectations and disgruntled subscribers.

Admittedly these are all very basic suggestions, but sometimes it does us good to remind ourselves of the basics.

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