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Top benefits of email marketing
Effective email marketing can offer businesses a range of advantages ranging from highly tangible revenue increases to softer benefits such as improved brand perceptions.
An email marketing strategy can help businesses:
Drive sales and build revenue
- Effective email communication can help to maximise customer lifetime value
- Communicating the right information at the right time will help drive sales
- Email can help businesses acquire new customers (provided lists are used with care)
- Create opportunities for cross-selling and up-selling
- Drive traffic to website (the right kind of traffic)
- Drive offline sales and increase footfall in the physical store
- Generate conversions and repeat sales
Reduce costs
- Email marketing is both cost-efficient and fast
- Email marketing campaigns are relatively quick to produce
- The right messages at the right time will help you retain customers – retention is much cheaper than acquisition
- Email is much cheaper than traditional direct marketing
Increase customer satisfaction and loyalty
- Relevant and tailored communications will score businesses points with consumers
- A happier customer is less likely to defect to a rival
- Build an emotional connection with your audience
- Email affords excellent opportunities to remind customers of the benefits of a business’ proposition and the value they are getting
- Companies can exploit data (e.g. CRM and web analytics) to identify and meet needs of customer
Improving customer intelligence
- Learn from customer feedback
- Email is a highly measurable channel
- Email campaigns can be personalised and highly targeted for individual customers or behaviours
- Integration with web analytics software can help this process
Boost brand awareness and credibility
- Effective integration of messaging and creative into broader marketing strategies is essential for successful businesses
- A holistic customer experience and brand experience will enhance perceptions of your company and improve recall
- Build relationships by engaging users in an efficient and entertaining way
- There is an opportunity to exploit rich media to engage more effectively with customers, provided that this is done in a non-intrusive way