Five Keys to E-mail Marketing Success
by Joseph Nchor
GroupWeb.com
The cost of starting and executing an email
campaign is relatively low compared to any other
direct marketing methods. Hence, many companies
are quickly adopting permission email marketing
strategies. The rush to establish opt-in email
programs not only indicates low cost of entry,
but the importance of email marketing in today's
business environment. A new study from IMT Strategies
reveals that organizations must adhere to key
factors that will lead to long-term success
of email marketing, otherwise they throw the
baby out with bath water. These factors are
Multi-Channel Marketing Management, CRM Integration,
Managing Context and Personalization, Customer
Control Over Permission Relationships, Enterprise
E-mail Governance.
Multi-Channel Marketing Management
One thing that Internet marketers may have
learned from the fall of dotcoms is perhaps
that Internet alone is not enough to market
a product or a service. Companies must use
multiple media channels to launch their products
or services if they are to succeed. The same
rule applies to email marketing. In order
for any company to succeed in email marketing,
IMT Strategies reveals that executives must
"integrate email into offline and online
media campaigns." For example, some technology
magazines solicit email addresses from prospective
subscribers with postcards. When a future
subscriber receives a postcard in the mail,
he completes a personal profile that includes
his email address and returns the card to
the publisher. Sometimes a reader receives
a letter in the mail and he is invited to
complete a subscription form online. The subscriber
does not only gets a print magazine, but he
is also included in a periodic email newsletter.
CRM Integration
Whether your email strategy includes offline
prospecting or not, its outcome will demand
customer relationship management (CRM). According
to Webopedia.com, "CRM entails all aspects
of interaction a company has with its customer,
whether it be sales or service related."
Imagine you send out an email campaign to
sell widgets. The next day, you are flooded
with responses to buy your new product. How
you respond to inquiries from prospective
customers quickly and satisfactorily will
determine the success of your campaign.
Managing Context and Personalization
If your widgets are for females and some for
males, craft your email piece based on different
sexes. Do not send email to women describing
widgets for males, and men will not like to
receive email from you describing widgets
for women. Write each email based on your
target audience and how each product or service
matches each individual in your email list.
In other words, manage your email campaign
based on the context of your product or service.
You can achieve this contextualization based
on personalizing your emails to your target
audiences.
Customer Control Over Permission Relationships
It is difficult to achieve optimum personalization
of prospective or existing customers if they
do not have control over the ability to tell
you who they are. Some male customers may
be interested in your widgets, but may not
like to let you know how much money they make
a year. Some may not like to tell you anything
about their gender or sexual preferences even
though they are interested in your product.
If existing customers have changed habits
of consumption, provide a place on your online
preference form so that they can indicate
their new habits. Do not make it obligatory
for your customers to complete online forms
with personal information if all you need
is an email address.
Enterprise E-mail Governance
In order for an organization to achieve continuous
successful email marketing campaigns, IMT
Strategies indicates that the organization
must hire a senior management who will establish
and execute email policies. The person will
measure the return of investment for each
campaign and holds everyone accountable who
is involved.
Long-term success in email marketing, according
to IMT Strategies, depends on how you use
multiple channels to execute your email campaigns.
Success also depends on how you integrate
customer relation management, personalization,
customer control over permission relationships
and email governance. You can find a summary
of IMT Strategies study "Enterprise Permission
Marketing -- Best Practices for Managing Targeted
Email Programs Across the Organization"
on their website.