Keeping the already existing customers is very important, and more so than acquiring new ones. Loyal customers are very hard to get. In this day and age, an effective form of email marketing can contribute to generating more loyal customers.
In this article, I will be discussing what email marketing is and the possible benefits it poses for various businesses. Keep reading till the end to find out more information about it!
About Email Marketing
Email marketing is a very powerful and crucial marketing channel. It is both a form of direct and digital marketing channel.
This is highly advantageous when it comes to promoting the services or products of businesses.
They play a very important role in the marketing strategy for building brand awareness, and lead generation and for keeping the customers engaged in between their two purchases – with different types of email marketing techniques.
Importance Of Email Marketing
Here is a list of all the reasons why email marketing proves to be much important:
1. Builds Up Customer Loyalty
Email marketing would allow a business to regularly stay in touch with website visitors and customers.
The people who have already purchased from your business/brand would appreciate keeping up to date with the latest released promos and products.
Several studies show that it costs much less to retain an existing customer than acquire new ones.
2. Peak Customer Satisfaction
Email Marketing is also considered to be very effective when the topic is about generating interest from customers.
When it is done right, a newsletter is very cost-effective, simple, and a fast way of keeping customers informed about new promotions and upcoming products.
3. Inexpensive And Easy To Maintain
Email marketing can also be relatively a very cost-effective way. There are services such as Active Campaign and Mail Chimp that have further simplified the process.
This allows for greater customization and automation.
4. Improved Customer Outreach
Email marketing also has much greater chances of being noticed as compared to social media updates where one can always miss the announcements which are made.
Another great benefit to this is that with only a few clicks one can send emails to thousands and thousands of users. These users are also free to read whenever they deem necessary- at their convenience.
Benefits Of Email Marketing
Here is a list of reasons why email marketing proves to be beneficial for various businesses:
1. Creation Of Personalized Content
With the aid of email marketing, one can customize their campaigns and also create several targeted contents. Personalization can range from small to very big.
You also get to create individualized content so that it can vary according to the demographics of the customers you are targeting.
One such great tool which you can utilize for this is Hubspot’s tools which specifically cater to email marketing.
For instance, a buyer who has purchased gardening tools from your business might not be interested in buying clothes (a product that your business also provides).
Hence, you must target the right kind of customers for your business by applying the correct and effective email marketing strategy.
2. Collection Of Surveys And Feedback
Keeping track of the customer experience will also prove to be very valuable. That is if you want your customers to continue engaging, interacting, and purchasing from your brand.
Email marketing aids a person in doing this. For example, one can send surveys regarding the level of customer satisfaction, through email campaigns – after a user has purchased from your business.
3. Increased Sales
Email marketing proves to be very amazing and can lead to higher sales generation. About sixty percent of the marketers state that email is considered the greatest source of ROI and the marketers who use segmented forms of campaigns note as much as 760% of the increase in their revenue.
These campaigns can also feature services and products after a user has abandoned items in their cart. It also aids in delivering special offers to customers.
4. Generating More Traffic
When you produce great and effective content, how do you advertise it to your audience? Most likely, you send an email. Several email marketing campaigns will send traffic to your site and also improve your SEO. It is also going to keep your audience very engaged with your site and your brand.
While creating an email, you need to keep in mind that your email has a CTA so that the readers can click through your site.
5. More Leads
There’s an inbound method, which is an email marketing tactic that helps in improving conversions and nurturing leads. These campaigns can further qualify your leads so that the sales team does not waste any time running after bad leads.
Additionally, if the company does any lead scoring then you will also be able to keep track of whether or not the leads open emails by clicking the links in the email.
6. Brand Awareness Generation
This form of marketing is also a great way of increasing brand awareness generation as that would allow in regularly communicating with the audience who are your “ideal/target“. You can communicate with them directly in your inbox.
Be sure to also include your social networking links in the emails which can further help the subscribers in sharing and expanding the content within a brand’s reach.
Wrap All Up!
Hope you now get ideas about what is email marketing. If you want to get more leads for your business then be sure that you are utilizing email marketing for your business.
Thank you for reading up till the end. I hope you found all of this information useful and to the point.