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7 Effective Email Marketing Strategies to Generate More Sales
Each year the number of email users is growing at an astonishing rate. It is expected that by the end of 2022 there will be over 4.2 billion users. What these numbers show, besides that email remains one of the preferred ways for business communication, is that email marketing is still a highly effective way of reaching out to potential customers – if not essential in order to get the best out of a marketing strategy.
Considering the fact that there are over 293 billion emails being sent every day, it’s inevitable to ask the question. In a sea of emails, how can you make your business stand out from the crowd and get bigger sales by higher open and click-through rates?
1. Get Personal – But Have Your Boundaries
There’s no doubt that email personalization is a great tactic proven to have amazing benefits on your mail campaigns. According to Invesp, compared to non-personalized, personalized promotional mailings have 29% higher unique open rates and 41% higher unique click rates. The benefits even go further. An Epson research states that 80% of the customers are more likely to purchase from a brand that provides a personalized experience.
While it’s great to familiarize the relationship you have with your customers, you have to be careful not to cross the line. Overusing names will just make you look weird in your customer’s eyes and damage your reputation.
In a study conducted by YouGov, 32% of the participants stated that they don’t like personalized messages because it felt like they’re invading their privacy, while 29% stated irrelevance as their top reason for disliking marketers using their name in emails.
Here’s where having the right customer data can help a lot. For example, another option for personalization is to use general user data, such as birth dates.
An Experian research found out that birthday emails generate 342% higher revenue per email, 179% higher unique click rates and 481% higher transaction rate than promotional emails. This looks like a pretty good reason to include personalization emails in your email marketing strategies, right?
But, don’t forget that personalization is more than just mentioning each customer’s name in the email. There are plenty of other ways to do it and it’s up to you to test and see which option works best for your mail list.
2. Keep Your Subject Lines Short
47% of email recipients open the mail based on the subject line only, and those that are personalized are 22% more likely to be opened. This shows that subject lines are extremely important for your email marketing campaign’s success. However, statistics show that it’s not just the content you need to be careful about, but the number of the characters used as well. In fact, email subject lines with 6-10 words are those with the highest open rate. Another statistic that goes well in your advantage is that those subject lines with a sense of urgency or exclusivity give a 22% higher open rates.
What seems to be a simple one-liner, can, in fact, take a lot of time to create the right one. Subject lines can either make or break your campaign’s success. So, the next time you’ll find yourself crafting one, keep in mind that the more you tell with less, the better the chances of a successful campaign you have.
3. Pick the Right Time for Email Sending
Timing is
everything when it comes to the success rate of your email campaigns. You are
surely aiming for improved open and click-through rate so choosing the time
wisely is an element you should focus on. One more reason is that loyal users
may want to engage with your content (share with friends or on social media,
etc.). Having that in mind, you should use all the tools you can to determine
what’s the best timing for them.
There is no one-fits-all time to send. A huge factor to consider here also is the type of business you own. Here’s a table that will help you find the perfect timing depending on your type of business:
On average, 51% of the companies are currently using automation, which is no wonder – there are countless marketing automation tools that can help you execute advanced multivariate testing in order to find the ideal timing for messaging your users. In return, this will save your business plenty of time and resources and will let you focus on the important aspects of your email marketing strategy.
With the help of tools like these, you can incorporate AI delivery, which basically means that the automation software itself learns what resonates best with your audience by tracking their actions. It takes a certain period (from the moment users enter your email list) to intelligently decide when the users engage most with your app based on previous behavior. Consequently, users will receive your messages at the ideal moment. This type of email optimization can definitely save you from investing time and resources into the wrong email marketing strategies.
4. Give Away Freebies
Promotional giveaways cannot only significantly increase the number of subscribers, but they can increase your income as well. You might be skeptical as to why you should give away something free of charge, but this kind of promotional content is what many subscribers like and are willing to give you their email address in exchange for. Freebies such as templates and tools are the most popular with a 26% to 66% click-through rate.
However, as much as you want your email list to grow bigger and bigger, there are rules to be followed, and by that, we mean the CAN-SPAM Act (Controlling the Assault of Non-Solicited Pornography and Marketing Act). According to the CAN-SPAM Act, when sending out an email, it should have a relevant subject line, your commercial email address at the bottom and an unsubscribe option in every mail – no exceptions.
Therefore, even though your subscribers gave you their email in exchange for a freebie, you still must follow what the law says, not just because of the legal consequences, but more importantly – because building trust between your brand and your customers is the #1 marketing strategy you have up your sleeve!
5. Send Mobile-Friendly Emails
Imagine sending an email that looks so good. But the moment you open it on your phone the images don’t show and the design looks bad. As a result, your subscribers aren’t able to interact. This situation can seriously affect your campaign’s success.
Here are some quick design tips that will help your marketing strategy to avoid the dislikes by your subscribers:
80% of the Internet users own a cell phone and this number is even expected to grow over the years. That’s why you should never leave your email marketing strategy without a mobile-friendly design. Regardless of where subscribers check their email, make sure to always send emails that will be of high-quality.
6. Segment Your Subscribers
Segmenting your email lists speaks more directly and intelligently to your users. It gives them the right information at the right moment. If you do it right, the results will be certain. In their research about the power of segmentation for marketing campaigns, Optimove found out that target groups with up to 150 customers had at least $1.90 uplift per customer. The groups of 1,500+ had an uplift of $0.90 the most. This shows that the smaller the group, the bigger the range of possible campaign outcomes.
According to Lyris’s Annual Email Optimizer Report, businesses that use email segmentation experienced 24% higher sales. Subscribers want to receive relevant content to their likes and dislikes – since it creates a seamless customer experience. Taking this into consideration, it is crucial to properly segment your lists to maximize your engagement.
Some quick and easy segmentation strategies to help you in the process:
7. Re-engage with Inactive Customers
You will roughly
lose a quarter of your subscribers every year if you don’t work hard to send
engaging and relevant information. Email list decay is inevitable, but you can
prevent it to a certain degree. So, how do you keep your subscribers active, or
to put it in another way – how do you make inactive subscribers active again?
Re-engagement email campaigns, or also known as win-back campaigns, include sending a sequence of emails in order to get the inactive subscribers to interact with you.
Before you do this, you need to define what inactivity means to you:
When it comes to the right strategy, you need to answer the above-mentioned questions, then you can focus on creating the re-engagement campaign. There are many creative ways for executing the win-back. Some go for the “we-miss-you” type of campaigns, as well as discounts, and promo codes – or maybe even both.
The win-back campaigns are often not so easy. But keep in mind that companies that invest in re-engaging campaigns in their email marketing see a $28.50 return on each $1 spent. This means that getting back inactive subscribers is more cost-effective than acquiring new ones.
Whatever your strategy is, you might send a certain number of emails and your subscribers don’t come back. In this case, it’s best to simply ask them about their email their preferences. Let them decide whether they still want to receive your emails. A cleaned-up email list is better for your email marketing success than spending resources on subscribers that won’t come back no matter your strategy.
Conclusion
The most
powerful way to find out what works best for your business is to always test
your email campaigns. This will save you typos, errors, bounces, and other
kinds of troubles that could have been prevented should you sent out test
emails prior to the official one.
Also, it’s important to note that testing isn’t something you should do occasionally, but rather continuously on-the-go. Testing different variations of the same email campaign will give you plenty of information about how your subscribers respond. You will know what works well, and what needs to be improved in your next campaigns.
Having so many possibilities that lead to growth and success is what makes email marketing both a challenging and exciting process. It is a great basis for creating well-planned strategies that will lead to generating higher sales – if executed the right way. Putting a substantial amount of effort into communicating with your subscribers on their way of becoming loyal customers is what’s going to put you in front of your competition.
If you need support with choosing the right email service provider, improving your email engagement metrics, or for guiding you through the IP warming process, do not hesitate to contact Alite International. We have been working with multiple large organizations in supporting their email marketing strategies & their move towards full marketing automation. Send me an email on ljubica.nikolovska@alite-international.com
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