Tag: email marketing strategy

Email Marketing Evaluation: A Must!

A promotional method

Email marketing can be a very effective promotional method to reach target audiences around the world, despite the fact that in many cases, the marketing efforts of a business owner or promoter may not reach full potential unless s/he invests the necessary time, energy and money into evaluating the email marketing strategy which s/he has put into action.

It is during such an evaluation that a business owner can determine whether or not email marketing is a method that can enable him/her to reach stated marketing objectives. The same evaluation can be used to determine if email marketing as a strategy is having an adverse affect the business productivity.

Useful information

That having been said, there are a few ideas pertaining to the importance of evaluating email marketing that we’d like to discuss in this article, and will also offer what we consider useful information on how to initiate and complete the email marketing evaluation process. To say such a process, done on a regular basis, is important would be an obvious understatement since frequent evaluation of any email marketing strategy is not only important, it is crucial to the success of the business or individual that puts it into effect.

So it follows that one’s failure to evaluate his/her email marketing strategies can have adverse effects on finances and overall business objectives, including failure to produce results and loss of customers to his/her competitors.

Avoid shortcuts

Consider for a moment that an existing email marketing campaign is not effective because it does not reach members of the particular target audience. An evaluation will certainly reveal the reasons for this failure, one of which may very well be that the distribution list to which this campaign is being sent consists of recipients who have little or no interest in the being offered via the emails.

Business owners who take shortcuts by purchasing large email lists, often find their shortcut did not pay off because the recipients of their marketing emails are simply not interested in any product(s) or service(s) they offer. In this scenario the email marketing is likely to generate very few sales or website visits. However, reevaluating the email distribution list to include recipients who are interested in the products or services being offered will likely result in significantly more sales and website visits.

Remove ALL semblances of spam!

Now consider a situation in which your email marketing is being construed as spam by recipients. If you have taken precautions to ensure your emails are reaching members of your target audience, but your emails seem like over the top sales pitches, the members of your email distribution list may view your emails as spam and not take your advertisements seriously. When this happens members of your email distribution list may be more likely to seek out a competitor when they are in need of products or services rather than making a purchase from you.

In fact, one of the subtle ways you could use to remind yourself that any likeness to spam must be avoided at all costs, is getting in the habit of refer to your list as an “opt-in subscriber” list and not a distribution list. Think of this excercise in these terms:

You can buy distribution lists. But you must create, build, and nurture subscriber listscreate, build, and nurture subscriber lists by offering interesting (compelling?), useful (valuable?) and free content on your website to attract and encourage visitors who become repeat readers and, ultimately valued subscribers. get the difference?

Evaluating your email marketing efforts may be formal or informal in nature. If you have specific business goals in mind you might want to consider the path to meet this goal as an indication of whether or not the email marketing is working. If you’re interested in reading more about email marketing take a look at this recently published post – Alternatively, you can evaluate your email marketing efforts by soliciting customer feedback.

Ask for customer feedback

Asking customers for their opinions about your email marketing campaign and whether or not they were compelled to make a purchase because of the content, the advertising or some other element is a simple and straightforward way of getting direct and unvarnished answers from your target audience.

Based on this information you should have a good indication of whether or not the email marketing strategy is effective. If it is not effective you should consider making changes to create more interest in your products or services. The changes you make should reflect any feedback you receive, and ensure you are not making changes that will cause even less interest from the members of your subscriber list.

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Benefits of Email Marketing to Your Business

Added benefits

Even if you are already running a successful business, you may be surprised to learn that your business can benefit greatly by launching an effective email marketing strategy which consists of targeted campaigns, digital newsletters and discount coupons along with other specialized (or niche-based) offers associated with such a strategy. Email marketing campaigns provide several advantages including, the ability to reach a worldwide audience, a variety of promotional options, and the ability to do a great deal of marketing with very little investment dollars.

In this article we will take a look at the various features and procedures your business can utilize in an effort to give you some insight into how email marketing can benefit your business.

For many business owners one of the most prominent advantages of email marketing is the ability to reach worldwide audiences with minimal effort and expense; and while traditional marketing methods (TV & radio ads, print media ads) are typically targeted to a rather small geographic area, email marketing can reach worldwide audiences.

It is possible to reach an audience of this magnitude with other marketing methods as well, but it would be much more complicated to do and would likely involve launching advertising campaigns in several countries which would require an intense coordination effort, at least a few staff members to assist you in the effort and, of course, an enormous budget.

Immediacy is a plus

On the other hand, an email marketing strategy would give you the ability to instantly reach targeted audiences with just a few simple mouse clicks after you have composed the message you’d like to transmit; even though creating the marketing materials for your campaigns can be significantly more involved. The simple fact is your business (you) stand to derive substantially more benefits via an email marketing strategy at a mere percentage of the cost to derive the same benefits utilizing other means.

Another advantage of email marketing is the multiple advertising options available to those who wish to utilize this marketing strategy, keeping in mind that the most commonly used method of email marketing is to send out group emails with product information and other promotional materials. Such product information could consist of any format or medium you choose, including a digital newsletter that you could publish and distribute to interested consumers, targeted audiences or both groups, depending on the type of promotion being conducted.

Added value

Additionally there may be some graphics, advertising and links included in the layout of such a newsletter that could enhance the message and or product being promoted. In fact, some marketers have successfully used email marketing campaigns to create and implement email correspondence courses which are typically focused on a specific niche subject and feature a few installments that provide detailed information on a specific aspect of the niche subject.

Finally email marketing can benefit your business because it is an extremely cost effective method of advertising in the sense that when you elect to launch an email marketing campaign you will likely invest money in hiring professionals such as writers and graphic designers to assist you in creating content as well as an appealing layout for your promotional emails. it is important to point out here, however, that this is typically not more than you would invest in hiring the same type of personnel for an offline marketing campaign. Unlike offline marketing methods there is not a great deal of expenses associated with implementing your email marketing campaign.

By comparison

For example, consider the creation of a television commercial where you will have to pay fees and purchase advertising space to allow your advertising to reach the public. By comparison, when you transmit your advertising via email, there is virtually no cost associated with this transmission, except the costs associated with maintaining an Internet connection and retaining employees to send these emails but these costs are minimal and can be considered part of normal operating costs which are often mere percentage points of achieving similar goals via traditional methods.