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  • Email marketing

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    Posted on July 6th, 2010shankarMarketing

    Email marketing is very much on the rise. Statistics have it that volume of emails has overtaken direct mail marketing by a long shot.

    In this article I’ll talk about email marketing and how it make it a meaningful exercise.

    Firstly, it is important to be clear about where the email campaign fits in an overall context. Is it an email shot to an opt-in list? Or is it a part of an overall strategy. In other words, is it a cog in the wheel or is it the wheel itself?

    Some of the questions one need to ask are similar to those you ask in context of any other campaign –

    What CTRs would you expect? Do you have any precedents to go by?

    What kind of ROI would be reasonable on the campaign?

    If it is a part of a wider strategy, what is the expectation of the email campaign?

    Once these objectives are clear, we need to get the nitty-gritty of the email campaign out of the way –

    Cleaning databases and emailing lists

    Ensure you have requisite permissions to email

    If the campaign is outsourced, ensure that a bonafide company has been selected for the purpose

    Decide the number of emails that need to go out and how often they need to be emailed

    Benefits of email marketing

    Better value for money

    Cost of delivery is relatively lower as there are no costs involved in creating the message ( printing) and delivering the message ( postage).

    Usage

    Email is clearly the most used application on the internet

    Speed

    Emails are very quickly created and sent. And delivered in a jiffy. To add to this, you can also ask for ‘delivery receipts’ for emails using many of the popular email editors like MS Outlook etc

    Response

    Email advertising elicits a response of upto 15 % which is much higher than display advertising

    Quickness of response

    Response are usually received within 3 days of the email shot.

    Targeting

    With reference to opt-in databases especially, very focused targeting is possible using email marketing.

    Scope of optimization

    A similarity with online advertising is that one can measure results quickly. If the results are not upto expectations, one can quickly change/refine the message and re-launch the campaign.

    Having iterated the benefits, let’s look at some pitfalls as well.

    A campaign has to be well thought thru’ in terms of its ‘technicals’ so that it can bypass filters set up by the user

    It may not work very well with everyone… For example, time and time again it has been proved that the over 55s rarely respond to email marketing messages

    In conclusion, let me say that we need to ensure that email is a good way to get across to the prospective customer, the right kind of database is ready and available and ensure that we have a compelling message to get across. If these important factors are considered, we should have a potentially effective email campaign on our hands.

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