
According to research conducted by the Direct Marketing Association, email marketing generated a return on investing of $43.62 for every dollar spent on it in 2009... that's a 4362% return on investment. How many other marketing channels offer this type of return?
When a prospect visits your site and leaves without buying anything you've lost them, maybe forever, and this means the advertising you've spent to get them there is a waste. But if you're able to capture their email address before they leave, through a free offer of some sort, you can then communicate with them on a regular basis at a very low cost so that when they are ready to buy, they think of you first.
Email marketing is one of the only marketing channels that allow you to communicate with a prospect on an ongoing basis. Implemented correctly, email marketing allows you to establish your company's credibility and build trust with your prospect so they feel comfortable enough to buy from you.
More importantly, email marketing allows you to communicate with your customers after they buy. And because they have already purchased from you in the past, they are much more likely to purchase from you again. Email marketing to past customers is one of the best ways to increase the lifetime value of your customers.
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How Do You Make An Email Marketing Campaign Work?The success of an email marketing campaign is achieved through the creation and implementation of an effective email marketing strategy. Every business is different and requires their own strategy - an ecommerce site selling high heel shoes will have a different strategy than an accounting firm. The key to making an email marketing campaign work is to find what your prospects are looking for and then give it to them. If we take the same example, the strategy for the ecommerce store might be to send out emails with special offers or when sales are on, whereas the strategy for the accounting firm would be to share free information and free strategies so they can establish their authority and build trust with their prospects.
Web Profits specialises in creating strategic email marketing campaigns that produce results. We can manage the entire process for you, or we can help you setup an email marketing campaign that you run yourself. Our email marketing solution includes:
At Web Profits we can work with your existing email marketing software application or can provide you with an appropriate email marketing program to use.
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