Table of Contents for our Email Marketing Agency Pricing post below:
What is Email Marketing
What are some statistics around Email Marketing?
Why is Email Marketing beneficial for your business?
What are the top 3 ways to implement Email Marketing into your business?
What are the top 3 mistakes made in Email Marketing?
Email Marketing Agency Pricing
What is Email Marketing?
Email Marketing uses email to promote products and/or services. Email Marketing also develops relationships with potential customers and/or clients.
Email marketing is one version of internet marketing, which includes online marketing via websites, social media, blogs, etc. It is similar to direct mail except that instead of sending mail through the postal service, advertisements are being sent electronically through email.
Email marketing allows companies to continue to inform their customers and tailor their marketing messages to those customers. It's also a great way to cultivate relationships with potential customers, keep all subscribers informed, ensure current customers stay up to date on your brand, offer coupons to encourage customer loyalty, and more!
Some people think email marketing is out-dated, but that couldn't be more wrong. Email marketing has been utilized since the beginning of the Internet. It has matured dramatically since then and is still an astonishingly useful marketing tool. Many marketing experts argue that email marketing is more influential now than ever before.
The term is usually used to refer to:
Sending emails improves the communication between the merchant with its current and previous customers and to encourage customer loyalty and repeat business.
Emails can acquire new customers or convincing current customers to purchase something immediately.
You can add advertisements to emails sent by other companies to their customers.
Keep the sender at the top of the mind of the receiver. Such as to inform them and educate them that the sender to be the receiver's first thought at their next purchase.
What are some statistics around Email Marketing?
Nowadays, marketers are in love with chatbots, influencers, and other new opportunities to reach their customers.
However, you shouldn't let contemporary communication methods distract you from one of the oldest and yet most effective messaging channels -- email.
It makes sense that 85% of U.S. retailers consider email marketing their most effective customer acquisition tactic!
Email Marketing produces $38-41 per each $1 spent, which is a fantastic 3,800% ROI, making it the best and most consistent ROI out of any marketing tactic.
It's forecasted that there will be 4.3 billion active email users by 2022.
Add that to the two hundred sixty-nine billion emails sent and received each day, and it's easy to see a long future for the industry.
Did you know that 81% of small businesses rely on email as their primary customer acquisition channel?
Additionally, 80% of small businesses utilize it for retention.
A welcome email averages approximately 82% open rates.
Emails with personalized subject lines generate 50% higher open rates.
For the E-Com companies out there, sending three abandoned cart emails produces 69% more orders than one email.
A big miss by companies is not adding videos to their email marketing. Videos increase click rates by an average of 300%.
Think email marketing is annoying? 49% of consumers said they like to receive promotional emails from their favorite brands.
Make sure to check your content on the mobile preview. 49% of all emails are opened on mobile devices.
Also, the more you define your audience, the better ROI you will receive. A study from DMA shows that 77% of ROI comes from segmented, targeted, and triggered campaigns.
Email Marketing is not just for engaging a new buyer. It also increases the spend of each user. In fact, individuals who buy through email marketing spend 138% more.