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Overview of Email Marketing
Introduction
- email is a central part of most internet users
needs. In has changed the behaviour of Corporate employees who
habitually need to check they have not missed an important message from a
customer or their boss, when they sit down at their desk in the morning.
Email has opened up the world to instant messaging, accelerated business
rumours for better or worse, become a social networking fad for teenagers.
Love it or loath - it its here to stay. For small business owners email
marketing provides the ability to contact a huge number of prospects at very
little cost, anywhere on the planet. It is a form of direct marketing and
should ethically be used to communicate with existing customers or prospects
that are expecting and want to receive important messages. In 2008 over
$500 million was spent on email marketing.
Business Benefits of Email Marketing
- the main business advantages of using e-mail as a
form of marketing are:-
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Predictability - an
accurate return on investment figure can be measured and understood by
simply tracking each email campaign against a specially set up destination
web page. When the user clicks on any links contained in the email
message (to find out more), they can be taken to that specially set up
'special offer' webpage. For instance, the cost of webpage
graphic design, increases in a specific stock level supported with
dedicated call centre staff, can all be offset against profits generated
from that tracked email campaign. The exact return on investment can
easily be calculated. New products can be tested and re-tested to
see what messages work and to which interest groups.
-
Low cost delivery -
webmasters can send thousands of e-mails an hour at only the cost of a
simple email marketing software tool (typically £100). Compared to
producing thousands of expensive brochures, leaflets and other marketing
materials, only one e-mail message needs to be created and distributed to
an unlimited number of people.
Business Drawbacks of Email Marketing
- the main drawbacks of using the email as a
primary method of marketing are as follows:-
-
Is it Spam? - most
Internet users today are deluged by huge volumes of unwanted spam e-mail.
Despite being introduction of news laws and practically that of 'anti
spam' software such as Norton or MacAfee, it seems this problem is only
set to become worse as the spammers technology constantly changes. It is
highly likely a valid business message sent to a user who actually
opted to receive it may get lost/ automatically moved to anti spam email
boxes or simply mistaken a spam by the poor deluged end user.
-
Difficulty in Creating
an 'Opt In' email marketing list - if customers choose to receive
messages from your website in the future they have usually ticked a box on
your website (and may even chosen to receive customised emails in the
areas of particular interest to them). However, if you are creating a new
website for the first time and therefore do not have an opt in list, you
will have to spend time, effort and money in getting a list built up. You
may choose to try and to encourage people to subscribe to your online
newsletter by posting interesting articles or offering the chance to win
some kind of prize. This can be very time consuming. Alternatively, if you
choose to buy the list of thousands of e-mail addresses. This is
very risky... it is very difficult to know where these originally were
collected from. Unfortunately, some spammers simply 'harvest' email
addresses and unethically market them as an 'opt in list'.
-
Legal Ramifications
- it is generally illegal and certainly unethical to send a spam e-mail.
The legal framework across the world varies by country but common
principles seem to apply across these framework. Even an email sent by you
by mistake of may break local Data Communications laws as it may be
considered spam. Therefore, it is critical that when you send email you:-
-
Ensure no email is sent
to personal email addresses (unless they have opted to receive it)
-
Email sent to up the
businesses email address are properly addressed with a physical reply to
email address
-
Clearly relevant what to
the business recipient i.e. you are selling 'nuts' and the recipient is
selling 'bolts'.
-
An 'opt out message' or
instructions on how to opt out exist at the bottom of the e-mail
-
Ensure it is customised
to the individual according to their opt in requirements i.e. any
special offers relate to a specified interest
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Copyright IntelligentMarketing.org.uk 2008
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