{"id":1549,"date":"2015-06-02T16:17:12","date_gmt":"2015-06-02T21:17:12","guid":{"rendered":"http:\/\/flevy.com\/blog\/?p=1549"},"modified":"2024-05-30T08:17:46","modified_gmt":"2024-05-30T13:17:46","slug":"the-incredible-value-of-email-marketing","status":"publish","type":"post","link":"https:\/\/flevy.com\/blog\/the-incredible-value-of-email-marketing\/","title":{"rendered":"The Incredible Value of Email Marketing"},"content":{"rendered":"<p>Email marketing has been around for a while, and its value hasn&#8217;t gone down over the years, in fact, it&#8217;s increased. Everybody loves getting email, but spam not so much. The pleas from Nigerian princes, the erectile dysfunction ads, and the standard chain emails of political myths don&#8217;t get the clicks or the opens they used to. People hate spam, and what they dislike even more is getting email content that they&#8217;re not interested in from retailers and other businesses, and nor is relevant to their needs.<\/p>\n<p>So how do small and large businesses keep their email marketing relevant?\u00a0Why do they keep investing money into email marketing when people keep saying they hate spam?<\/p>\n<p>The fact is that sending emails\u00a0works. Smartly designed and highly targeted emails with actual content works. It takes a coherent strategy to set a clear email marketing system into place, and to carry it out with a very high return on the initial investment.<\/p>\n<p><img decoding=\"async\" class=\"size-medium wp-image-1550 alignright\" src=\"https:\/\/flevy.com\/blog\/wp-content\/uploads\/2015\/05\/8585151633_d2d27daafa-300x199.jpg\" alt=\"8585151633_d2d27daafa\" width=\"300\" height=\"199\" srcset=\"https:\/\/flevy.com\/blog\/wp-content\/uploads\/2015\/05\/8585151633_d2d27daafa-300x199.jpg 300w, https:\/\/flevy.com\/blog\/wp-content\/uploads\/2015\/05\/8585151633_d2d27daafa.jpg 500w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p>Email marketing hands-down is the undisputed king when it comes to getting\u00a0<em style=\"font-weight: inherit;\">incredible<\/em>\u00a0returns for a minimal investment. And here&#8217;s proof below from one of the many studies out there showing the effectiveness of email:<\/p>\n<p><strong>1.<\/strong> Email is\u00a040 times more\u00a0successful in\u00a0you getting new clients than through Facebook or Twitter.<\/p>\n<p><strong>2.\u00a0<\/strong><a style=\"font-weight: inherit; font-style: inherit;\" href=\"http:\/\/www.emarketer.com\/Article\/Personalization-Sees-Payoffs-Marketing-Emails\/1010563\" target=\"_blank\" rel=\"nofollow noopener\">81%<\/a>\u00a0of online consumers who receive segmented emails based on their shopping habits are more likely to make a purchase.<\/p>\n<p><strong>3.<\/strong> Nearly\u00a0<a style=\"font-weight: inherit; font-style: inherit;\" href=\"http:\/\/www.circle-research.com\/2012\/its-all-about-the-lead\/\" target=\"_blank\" rel=\"nofollow noopener\">half of B2B<\/a>\u00a0businesses say that email is one of their\u00a0most effective ways of getting new clients.<\/p>\n<p><strong>4.<\/strong>\u00a0The ROI is unbelievable with email! With every $1.00 spent,\u00a0<a style=\"font-weight: inherit; font-style: inherit;\" href=\"http:\/\/www.exacttarget.com\/blog\/50-email-marketing-tips-and-stats-for-2014\/\" target=\"_blank\" rel=\"nofollow noopener\">$44.25 is the average return<\/a>\u00a0on email marketing investment.<\/p>\n<p><strong>5.\u00a0<\/strong><a style=\"font-weight: inherit; font-style: inherit;\" href=\"http:\/\/www.hubspot.com\/marketing-statistics\" target=\"_blank\" rel=\"nofollow noopener\">59%<\/a>\u00a0of marketers say that email is the most effective channel for increasing revenue.<\/p>\n<p>With email as the undisputed driver of revenue for businesses, it is constantly changing with new adaption of technology, it can be hard for businesses to keep up. We suggest that businesses should focus on these three emerging trends to optimize and strengthen their email marketing:<\/p>\n<ul>\n<li style=\"font-weight: inherit; font-style: inherit;\"><strong>Segmentation\u00a0\u2014<\/strong> sorting of your email list based on specific categories shown by your prospects. (Age, gender, product purchase, interest in specific content areas, etcetera).\u00a0<a style=\"font-weight: inherit; font-style: inherit;\" href=\"http:\/\/mailchimp.com\/resources\/research\/effects-of-list-segmentation-on-email-marketing-stats\/\" target=\"_blank\" rel=\"noopener\">Narrowing your focus actually works and improves your open rate and click-through rates.<\/a><\/li>\n<\/ul>\n<ul>\n<li style=\"font-weight: inherit; font-style: inherit;\"><strong>Automated email campaigns\u00a0\u2014<\/strong> emails that are sent out based on triggers such as web page visits, activation of product or purchase, cart abandonment, and educational drip campaigns.\u00a0<a style=\"font-weight: inherit; font-style: inherit;\" href=\"http:\/\/marketingland.com\/auto-responders-why-trigger-based-email-will-increase-your-conversions-43839\" target=\"_blank\" rel=\"noopener\">Almost 75% of businesses<\/a>\u00a0are missing out on revenue from automated emails.<\/li>\n<\/ul>\n<ul>\n<li style=\"font-weight: inherit; font-style: inherit;\"><strong>Responsive email design\u00a0\u2014<\/strong> emails have to look great on smartphones, tablets, and on laptops! If your newsletter that looks great on your desktop and doesn\u2019t work on your smartphone, that can actually lead to higher unsubscribe rates and lost leads.\u00a0<a style=\"font-weight: inherit; font-style: inherit;\" href=\"http:\/\/blog.hubspot.com\/marketing\/mobile-email-stats\" target=\"_blank\" rel=\"noopener\">70% of consumers<\/a>\u00a0immediately delete emails that don\u2019t work on their mobile phones.<\/li>\n<\/ul>\n<p>By working on email marketing systems, businesses can keep increasing their revenue, drive relevant traffic to their website, and retain their customers. The value of email marketing is strong, and it will continue to be so for the next few years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Email marketing has been around for a while, and its value hasn&#8217;t gone down over the years, in fact, it&#8217;s increased. Everybody loves getting email, but spam not so much. The pleas from Nigerian princes, the erectile dysfunction ads, and the standard chain emails of political myths don&#8217;t get the clicks or the opens they&hellip;&nbsp;<a href=\"https:\/\/flevy.com\/blog\/the-incredible-value-of-email-marketing\/\" rel=\"bookmark\"><span class=\"screen-reader-text\">The Incredible Value of Email Marketing<\/span><\/a><\/p>\n","protected":false},"author":48,"featured_media":1550,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","footnotes":""},"categories":[81],"tags":[787,820,10],"class_list":["post-1549","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-strategy","tag-b2b","tag-email-marketing","tag-mckinsey"],"_links":{"self":[{"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/posts\/1549","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/users\/48"}],"replies":[{"embeddable":true,"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/comments?post=1549"}],"version-history":[{"count":8,"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/posts\/1549\/revisions"}],"predecessor-version":[{"id":13888,"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/posts\/1549\/revisions\/13888"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/media\/1550"}],"wp:attachment":[{"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/media?parent=1549"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/categories?post=1549"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/tags?post=1549"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}