Why Email Marketing Is The Most Effective Channel To Drive Business Results
By The BBS Agency
August 17, 2022
If you’re a digital marketer, you know that there are many different forms of marketing channels: organic search, paid search, social media, email marketing, and more. But which marketing channel is the most effective at driving business results. According to the State of Marketing Report 2022, email marketing is the most effective marketing channel. It has the highest ROI out of any other form of marketing thanks to the fact that it’s highly flexible and personal. Email allows you to utilize a more personalized approach to reach your audience at a time that’s most convenient for them. Email marketing is also the most effective form of marketing because it is extremely versatile. It is possible to increase brand awareness, generate website traffic, leads and MQLs, improve sales performance and customer retention with a good email marketing strategy. Keep reading to learn more reasons why you should be sending emails as a part of your marketing strategy. If you have any questions or want us to handle anything for you, reach out to us at Prebuilt Sites or The BBS Agency. We’d love to help you out!
The State of Marketing Report 2022 has the answer and we also have some insights on that!
If you are a digital marketer, you might be aware of most of the channels that we have available to drive our results. We can use them to reach different audiences at different times and stages of their journey.
But there are some people saying that email is dead, right? And what if I say to you that 95% of marketers agree that Email Marketing was an outstanding channel to drive business results? Even more: that, for them, email is the most effective Marketing channel, in front of paid search, organic search and social media?
These data were some of the findings of the State of Marketing Report 2022, brought to you by Hubspot, in partnership with Rock Content, Litmus and Wistia. This article is the second one of a series of blog posts we are doing to highlight the main takeaways from the study, which brings valuable insights from more than 1,600 marketers and you can download for free to help you become a stronger professional and plan your strategies.
Take a look at this ranking. We are going to discuss it deeper below.
Why is Email Marketing so relevant to businesses?
Email ROI
First of all, it is extremely cheap. According to Litmus for the report, for every $1 invested in Email Marketing, the return might be around $36.
This number can be quite impressive, but the CRM and email platform together are able to make the job a lot easier when reaching out to hundreds, thousands or millions of people through email without making large efforts.
Stronger connections through personalization
Emails have been so successful and relevant thanks to its possibility to provide closer and stronger connections.
We know how providing a personalized experience is important to the daily work of a marketer. You probably already know (and await) the emails you might receive every week in your inbox, whether it is from an email marketing communication or newsletter, for example.
Creating the right segmentations is one of the best features to explore in an Email Marketing strategy. You can use personalized tags – like first name, company, job title or location – to get closer to the reader.
Another option is to divide your email base according to the stage of the journey, industry or any other type of distinction to provide different approaches in a more personalized and valuable way.
This can be done to the body of the text or the subject line. All you need is to be creative and make your contacts feel valued.
Work the whole journey
Email Marketing is an extremely versatile channel. A good strategy here can deliver results for many goals and stages. All you have to do is define the way you want to go. It is possible to increase brand awareness, generate website traffic, leads and MQLs, improve sales performance and customer retention.
Aligning it with your content strategy and counting on this source when distributing your content through the funnel can be the turning point for reaching the goals you aim for. Don’t forget that a personalized experience makes the difference!
Capture Different (and valuable) Insights
The end of cookies and third-party data has been freaking out some professionals. Meanwhile, a good understanding of your email performance is able to fill some gaps and bring some calmness to the concern that the lack of data might cause.
Most professionals evaluate open rate and click rate. In fact, these are relevant metrics, however, there’s a lot more to explore.
Besides understanding the conversions and ROI generated by email campaigns, it is possible to understand the interactions the audience is having.
With this in mind, marketers can see when the audience engages the most, the type of audience interested in each topic, where they click more frequently, design preferences and other information that enriches the strategy.
The richer the information you have, the more consistent and successful your strategy will be. Understanding these interactions will help you purpose valuable optimizations and keep driving even better results.
Conclusion
In the end, your Marketing strategy may benefit a lot from the emails you can send. Of course, they need to be useful and your base needs to be conquered legitimately. Don’t buy email address bases. Conquer your audience with great content. You’ll see the difference in the engagement rates!
Strategically, email is cheap, personalized and provides valuable information. It is possible to work all the stages of the journey in a single channel and create stronger connections with the audience while reaching different audiences and aiming at different goals.
If you want to have access to the full report, click here to download the State of Marketing Report 2022 for free!
Originally published on Rock Content.