Email Marketing: Equipped to Handle Adversity
Your email subscribers are likely feeling the economic crunch as much as—if not more than—your business. With that in mind, now is definitely the right time to keep your audience informed of any savings or promotional offers that are available. Even if business has been strong enough in the past that you were able to avoid offering special incentives, marketing in a time of economic uncertainty needs to be performed with an eye toward the future. Fostering customer loyalty now via special offers can pay dividends down the road when the economy rights itself.
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Published:
Dec 12, 2008
Type:
White Paper
Length:
5 pages
Email Marketing:
Equipped to Handle Adversity
Even as the struggling economy requires businesses
of all sizes to implement cost-cutting measures,
the value of email as a marketing tool remains strong. Email Marketing: Equipped to Handle Adversity
dds are, your marketing budget has felt the negative impact of growing concerns over the worldwide economy. Small businesses and large corporations alike have Obeen forced to erase entire sections of their 2009 marketing "wish list" in response to a bleak economic forecast that has many marketers evaluating the cost-effectiveness and ROI of previously ironclad marketing vehicles.
Amid the turmoil, email marketing has remained a staple due to its cost-effectiveness and flexibility. At a fraction of a penny per message, the value of an email campaign compared to an expensive direct mail communication is substantial. However, getting the most from your email marketing campaigns during tough economic times may require a different approach than what you've done before.
Savings Sell
Your email subscribers are likely feeling the economic crunch as much as-if not more Marketing in a time of than-your business. With that in mind, now is definitely the right time to keep your audience informed of any savings or promotional offers that are available. Even if business economic uncertainty has been strong enough in the past that you were able to avoid offering special incentives, marketing in a time of economic uncertainty needs to be performed with an eye toward needs to be performed the future. Fostering customer loyalty now via special offers can pay dividends down the road when the economy rights itself. with an eye toward
If special offers and savings previously occupied a less-than-prime area of your the future.email communications-leaving the heart of the messages for things like articles and announcements-now might be a good time to shine the spotlight on such items. Not only can this help get recipients' attention, but the knowledge that such promotions are available through your email messages can increase the likelihood of your messages being opened going forward.
The point is often made that relevance is the strongest determining factor in whether or not a recipient engages with an email message. At this time, few things are more relevant to any audience than the opportunity to save money.
2 Copyright ©2008 SubscriberMail. Email Marketing: Equipped to Handle Adversity
Narrow Your Broadcast
It's likely that your audience is actively seeking ways to save money more than ever before, making quick conversions a very real possibility via email marketing. The best way to accomplish this is by narrowing your email focus rather than blasting the same message to your entire list. By sending a message tailored to a recipient's online behaviors or purchase history, you're much more likely to make the type of instant connection that results in a shorter sales cycle.
Additionally, now is not a time when your audience is looking to spend frivolously. Identifying cross-sell opportunities can boost the amount of repeat business by promoting complementary products/services related to a previous purchase. A new product or service can be considered an unnecessary expenditure, but a product or service that helps make a previous purchase operate more efficiently is easier to justify.
Avoid Drastic Measures
Hopefully, you've followed email best practices up to this point to build a quality Making messages as relationship with your audience. Don't jeopardize that relationship by making wholesale changes to the way you use email marketing. It may be tempting to increase the volume of targeted as possible is your most cost-effective marketing communications, but remember that loyal subscribers have come to expect a certain amount of email. Increasing that established volume can the best way to put the scare off some subscribers, essentially risking the severance of longstanding subscriber relationships in the name of trying to achieve a quick fix. most relevant offers in
On the same note, avoid the temptation to secure new business via rented/purchased lists. front of recipients.The likelihood of SPAM complaints and possible damage to your credibility as a sender outweigh the chances that recipient... [download for more]