The document discusses 7 ways to improve ROI from email marketing campaigns. It provides tips on defining goals and measuring ROI, acquiring subscribers, creating effective email content, optimizing frequency and targeting, leveraging social media, and going beyond just opens and clicks in metrics. Additional suggestions include focusing on engagement, relevance and clear value for subscribers.
8. “ We’re predicting that email will continue to distance itself from other online advertising formats over the next five years, growing to $15.7 billion and remaining the preferred channel among many marketers” Borrell Associates “ 65% of marketing spend has no discernible effect” World Advertising Research Coalition Email continues to gain steam
9. “ 54% of marketers plan to increase email budgets in 2010. - Exact Target (2010) Not to mention gaining speed
10. What’s at Stake? How about Brand & Bucks? Nearly a third of survey respondents (32%) said they have stopped doing business with at least one company altogether as a result of its poor email practices -- Merkle, Feb. 2009 For every dollar spent on Email marketing in 2009, marketers can expect an estimated $43.62 ROI -- DMA, 2009
11. Sheryl Sandberg, Facebook COO “ If you want to know what people like us will do tomorrow, you look at what teenagers are doing today. Email–I can’t imagine life without it–is probably going away. ”
20. Stan Rapp has said the value of a single opt-in address is estimated at $118 Lifetime value of Email address is $23 (Epsilon) Facebook fans valued at an average of $3.60 (ViTrue) Starbucks' 6.5 million fan base is worth a bit over $23 million Coke Rewards' 12 million reward email subscribers are worth $276 Million to $1.4 Billion What Is The Value Of A Facebook Fan? Zero! (Forrester)
37. The Inbox is Evolving Interact with your audience where they choose to receive & engage with opt-in messaging “ Advertising’s new role is to drive prospects to the web for memorable, relevant opt-in involvement” Stan Rapp, author and founder of Rapp Collins/Chairman of Engauge keynote speech at Email Evolution conference 2009
47. “ Do not use stats as a drunkard uses a lamp post – for support rather than illumination... the only three business metrics that count are increased revenue, lower expenses and increased customer satisfaction.” Jim Sterne, Founder, Web Analytics Association There are three kinds of lies: lies, damned lies, and statistics." Benjamin Disraeli, British politician and Prime Minister, 1804 - 1881
“ One of the top 21 email marketing information sources” & “Best Blogs” - Email Marketing Reports.com BrightWave & Client work featured in dozens of industry publications and media including The Atlanta Journal Constitution, Bloomberg TV, Marketing Sherpa, BtoB, ClickZ, DM News & MediaPost Created EmailStatCenter.com, in partnership with The Email Experience Council, the leading email research and metric portal for email marketing practitioners Contributor to iMediaConnection, over 40 email industry related articles published “ The Truth About Email Marketing” published by Pearson (FT Press, 2008) Leadership developed email programs at Cox Interactive Media, Southern Progress & WebMD
Compare this to a recent study by Vitrue, which valued Facebook fans at an average of $3.60. That means Starbucks' 6.5 million fan base is worth a bit over $23 million and, using Rapp's e-mail value, Coke Rewards' 12 million reward e-mail subscribers are worth $1.4 billion.
Emails I like the creative for varying reasons –”we’re about to pee our pants” is scoutmob
07/16/10
07/16/10
Email helped increase Facebook Fan growth by 700% to surpass 1,000,000 fans