Email marketing is still one of the most effective online activities, despite changes in recent years. Given the changes in technology, it’s sometimes difficult to decide whether to choose email marketing or not. This article gives an overview of the advantages and disadvantages of email marketing and helps you make a decision. Most importantly, you will get insights into how to maintain a strong customer relationship using email marketing techniques.
What is email marketing?
Email marketing is creating newsletters and emails to promote a business or present products and services. It can be done via email, fax, online banner, other platforms, and text messages to mobile phones.
Email marketing is a very effective sales technique that can help garner interest in your product or service. It’s been around for a long time, and whether you’re a large brick-and-mortar business or a fledgling startup, you can use email marketing to build brand awareness, drive sales, and ensure profitability.
Email marketing is a cost-effective way to connect with your customers and tell them about the latest products and services you offer. It is one of the oldest forms of marketing, but it’s also one of the most effective.
That’s because email is not only a channel that consumers use regularly, but it also allows you to communicate directly with your customers in a way that doesn’t feel like traditional advertising.
According to the 2017 Email Marketing Benchmarks, Budgets, and Trends report, email marketing has an average ROI of $38 for every dollar spent.
Advantages of email marketing:
The investment cost is low:
With email, you can send an unlimited number of messages at an extremely low cost per message. This makes it easy for small businesses on a limited budget to use this strategy effectively, while larger companies can send more targeted messages at a higher cost per message.
An eye-catching email will do half your work:
Beautifully-designed newsletters with great content will ensure your audience will enjoy opening your emails and maybe even look forward to receiving them!
It maximizes the effectiveness of your email marketing. Not only that, but it helps ensure all of your information is laid out in a way that’s easy for readers to understand and remember.
Email marketing is permission-based.
Email marketing is permission-based. If someone joins your mailing list, they want to receive messages from you. Your messages don’t interrupt or get in their way — they choose to read them.
You can segment your lists to improve targeting and personalization.
You can segment your lists to improve targeting and personalization. For example, if you have multiple products or services, you can send different emails based on whic+h product/service each person signed up for or purchased from in the past.