How un-insightful is this !!! Response Media's Email 2.0 Optimization Report
Email - The Digital Marketing Backbone
As 2006 closed, several reliable sources for digital marketers
like the Direct Marketing Association (DMA), MediaPost and
Marketing Sherpa released reports and studies that concluded
that email continues to be a highly effective and efficient
marketing tactic. According to the DMA’s “The Power of Direct
Marketing” study, email returned $57.25 for every dollar spent
on it.
These reports point to how marketers are shifting their email
mind-set and tactics. Instead of email initiatives centered on
“batch and blast”, one-off efforts, marketers are developing
measurable, accountable strategies that leverage the power
of email to serve as the digital backbone for other digital and
marketing efforts. Successful approaches include:
1.
Simply adding an “Access Your Account” link toyour subscription e-newsletter.
This action can result inmore unique visits to your web site and more revenue per visit.
One marketer reported that this tactic resulted in a significant
increase in clickthroughs to transactional web pages and now
accounts for 60% of clickthroughs into the marketer’s web site.
2.
Convert offline customers to online. Chief Marketerreports that most companies today have email addresses for
fewer than 20% of their customers. If your company is among
them, you may be interested in how to cost-effectively convert
customers from offline to online communications. You can do
this by inviting customers who read your ads or visit the contact
center or cash register to sign up for your email list. This
approach helps you to leverage the high cost of acquisition for
new customers by expanding the number of channels through
which customers can do business with you. If you are clear that
you treat every customer’s email address with respect, you will
continually build your database of people who do business with
you and want to learn about other offers relevant to them.
3.
Grow your list cost-efficiently, Part One. Puttingthe list growth challenge into perspective, Marketing Sherpa
explains that, even as most B2B email lists grow by 3.9%
every month, approximately 2% of those names are lost due
to bounces or opt-outs, resulting in an annual average list
growth of 22%. So, even if only 2% or 3% of the names are
coming off the list every month, those numbers add up. Savvy
marketers know that the majority of names fall away due to
bounces rather than actual opt-outs. If you understand exactly
what a bounce is to your email service provider (ESP) and how
those bounces are handled, you can begin to take remedial
action to salvage those names you spent valuable marketing
dollars to obtain in the first place. Also, many consumers
switch email providers as they upgrade to broadband or take
advantage of new bundled voice and Internet service plans. By
understanding how your organization or your ESP deals with
address changes, you can develop strategies to retain valuable
customers before they fall into the ether and before you feel
compelled to spend money to re-acquire those same customers.
4.
Grow your list cost-effectively, Part Two. Leverageco-registration.
As both Jupiter Research and attendeesat the recent Marketing Sherpa Email Summit point out, coregistration
is a smart and highly cost-effective tactic to grow
your email list. Jupiter suggests that marketers “Seek out firms
that specialize in email acquisition, such as Response Media.
They tend to have a variety of co-registration alternatives at
their disposal”. According to the Internet Advertising Bureau
(IA
, co-registration grew 290% in 2005, to $753 million. No
other online segment even came close to that increase. Some
of the largest, most respected marketers and some of the more
heavily traveled Internet sites have discovered the value of
co-registration when it’s done the right way. You can, too.
Smart Approaches to Combat Email
List Fatigue
Your digital backbone has the potential strength to do the
heavy lifting as a content hub that extends your marketing
conversation and customer interaction channels. But to do so,
you’ll need to develop strategies to combat the challenge of
list fatigue.
You can get the rest on the site if below..
http://www.responsemedia.com/Frm42835.asp?s=DMWP02&v=2





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