Overview of Opt-In eMarketing
It is generally cost-effective, and if done properly, can help build brand awareness and loyalty. At a typical cost of only a few cents per message, it’s a bargain compared to traditional direct mail at $1 or more per piece. In addition, response rates on e-mail marketing are strong, ranging from 5 to 35% depending on the industry and format. Response rates for traditional mail averages in the 1 to 3% range.
One of the benefits of e-mail marketing is the demographic information that customers provide when signing up for your e-mail newsletter. Discovering who your customers really are – age, gender, income, and special interests, for example – can help you target your products and services to their needs.
Points to consider when creating your e-mail newsletter:
- HTML vs. Plain Text: Response rates for HTML newsletters are generally far higher than plain text, and graphics and colors tend to make the publications look far more professional. The downside is that HTML e-mail is slower to download, and some e-mail providers may screen out HTML email.
- Provide incentive to subscribe: To get customers to sign up for your newsletter, advertise the benefits of receiving your newsletter, such as helpful tips, informative content, or early notification of special offers or campaigns.
- Don’t just sell: Many studies suggest that e-mail newsletters are read far more carefully when they offer information that is useful to the customers’ lives rather than merely selling products and services. Helpful tips, engaging content, and humor are often expected to accompany e-mail newsletters.
- Limit questions: As each demographic question you ask may reduce the number of customers signing up, it’s best to limit the amount of information you solicit or give customers the option of skipping the questionnaire.
Do you have any Opt-In emarketing tips and trips that have worked for your business. Please share them on the Pleiades Publishing Services Customer Blog.
As a retired SBDC counselor, I know where to find business-related information — both online and IRL. In this case some of my marketing source is a SBA publication (National Women’s Business Center, Washington, D.C., 4/97). The balance is just years of experience. For individual business support with any aspect of your business contact the nearest SBA-sponsored Small Business Development Center.