Email Marketing
Email marketing is a powerful means of communication as well as promotion for business. It is a cost effective way of communication between consumers and businesses. One of the biggest mistakes mostly marketers do now a days, is to think that email marketing is no more effective way of customer acquisition. Many businesses dropped the email marketing and prefers social media marketing on it. Social media marketing may looks better to someone, but is it really social media post is that effective as an email? Before we answer that question, let’s understand first,
What is Email Marketing?
Email marketing is a way of targeting the customers through emails. The emails sent to a prospective customers can be considered as email marketing. Email marketing includes sending a promotional email or ad posts/brochures to a subscriber via his email address. A great number of organizations, businesses and websites today use email marketing. Today Bloggers or website owner’s use email marketing even more than ever before. For example, have you ever noticed pop up forms or embedded forms while browsing on a website asking for Newsletter sign ups or asked to submit your name and email to get a free eBook or update? That is collecting emails and it is the first step of email marketing.
Most bloggers use email marketing because it improves the user experience. With a well-targeted email list, you can reach your customers and prospective ones too. Any given subscriber will be educated better and more easily via email. The email have a better visibility than a Facebook post because it is delivered directly in mailbox. The Facebook post will disappear in a series of upcoming posts within a few minutes.
Do You Really Need Email Marketing?
If you want to improve your customers or readers knowledge, then you need email marketing. Email marketing is still more effective and economical as compare to social media marketing. Email marketing can also be used to build trust with customers over time, in order to turn them into repeat customers.
Successful business are aware with the fact that repeat customers are how your business will attain viable development over time. After all, repeat customers are happy customers. And happy customers mention your business to others. It is also an effective way to keep your customers up-to-date about new products, sales, or special offers upcoming.
People want to stay informed about your brand in real-time, and email marketing is one of the best ways to stay connected with that audience. Email marketing is valuable because it is fast, efficient, and cost-effective.
We are sharing some key facts and figures about email marketing that will further help you in decision making whether to use email marketing or not.
Some Key facts of Email Marketing
- There are over 4 billion people with email accounts worldwide.
- There are about 293.6 Billion emails sent daily in 2019 and this figure is expected to grow by 347.3 Billion daily in 2023
- 81% of Small and Medium size Businesses rely on email marketing for customer acquisition
- 49% customers prefers to receive weekly publicity emails from their favorite brands
- The average email user has 1 to 3 email addresses.
- The average email marketing return on investment is $44 per dollar spent.
- Plugging video content into emails boosts conversions by up to 300%.
- Abandonment emails sent an hour after a customer’s shopping session have a 6.33% rate of conversion.
- 93% of marketers consider email as their top content dispersal channel
- Mobile devices currently account for over 60% of email opens.
- About 81% of email users prefer to open emails on their smartphones and handheld devices.
- Gmail is the second most popular email client in 2020, with a 26% market share.
- Only 20% of email campaigns are optimized for mobile devices.
- 77 % of customers choose emails for getting in touch
- 88% of retailers in US consider emails as most reliable technique for customer acquisitions
- Almost 91% internet users check their emails at least once in a day
- Email marketing converts 3 times more effective than compare to social media marketing
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