Bizcommunity – Three sure-fire ways to maximise the ROI of your email marketing campaign
Email marketing – when used effectively – can return massive marketing results, largely because it is one of the few mediums that allows you to directly touch your intended recipients.
1. Your value proposition
The first rule of any good marketing campaign, is to really look at it from the customer’s point of view, and then ask yourself: “What’s in it for me?”
And what exactly is it that is in there for the customer? What benefits will they receive, how will this make their life easier, how will this make their jobs easier, or even how will it help them save money?
A powerful value proposition has many distinct elements…
• It’s short and to the point
People don’t read much anymore – and they want to know the offer up front – so tell them, in clear language, at the beginning of your marketing, exactly what’s in it for them.
• It’s specific
No pussy-footing around here, a great offer tells the prospect exactly what they’ll get, what it will cost them and strongly motivates why yours is the offer they should take up. In addition, this is also a great practice to adopt in terms of the Consumer Protection Act, which is all about clarity and straightforwardness in your marketing.
• It is in the language of the customer
We have 11 official languages in South Africa, with the vast majority of our population using our business language, English, as their second language. The trick in situations like this is to speak in clear, simple English, eliminating confusion and making it accessible to the average Joe. This way, it doesn’t matter in whose inbox it lands – your message will get across.
• It must pass the ‘seat-of-the-pants’ test
Does your campaign excite you, and does it offer something that you cannot wait to get your hands on? If not, then rethink it. At the end of the day, it doesn’t matter how many people read your emailer, you want them to turn into conversions – and what is it that you’re offering that will excite your prospect into reaching out and taking action?
Magnets are a great way to get prospects to take action – and a magnet is something that you give away in order to get the prospect to sign up to your website and join your ongoing mailing list.
Great magnets can be any number of things.
A competition, for example, to win something cool – and even relatively inexpensive – like an iPad, is a great way to get people to sign up to your mailing list. Once they’re on your mailing list, it means that you are that much closer to reaching the number of contacts you need to convert that client into a sale.
If your offering is product-based, you could give away a product, or product sample, or something that people may be interested in that is not a fast mover for you, and one of which you have extra stock.
Less expensive options for magnets include e-books offering real, salient information in your area of expertise, or even a free, no-obligation consultation, or, if your offering is service-based, a prize that includes your marketable skills.
Really though, the point of a magnet is to gather the information of the people who may be potentially interested in what you have to offer, so that you can continue creating touch points with them. This way, they will turn to you when they have a need in your area, because your repeated touch points keep you front of mind.
Want to check out the who’s who and what’s what of email marketing?
Read The Buzz.
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