All PR and marketing teams worth their salt know that email marketing is still in play if a brand wants to improve its conversion rate. Although some experts may suggest that email marketing is somewhat obsolete in an age when social media is at its peak, there’s still much to be said about the power of a bright, engaging email when it comes to capturing a potential lead’s attention.
Stat Check: The Excellence in Email Marketing
Email is not dead. It’s thriving more than ever, as having an email address is always the first step in signing up for just about every app and website in the world. There’s no stopping email as it continues to grow and improve the conversion rate for businesses worldwide. Consider these: ● There is an expected 4.3 billion email users by 2023, accounting for half of the world’s population. ● In 2019, 293.6 billion emails were sent out every day. And that number is expected to balloon to 347.3 billion by 2022. ● Email still holds one of the most potent ROIs. It’s relatively inexpensive to create or craft an email and send it out. (Pro-tip: Sending emails is free! It’s coming up with the content and something engaging that’s the challenge.) The return is an average of $49 as of 2019. ● There is still widespread use of email. As of 2019, nine out of ten marketers still make use of email marketing. As a means of distributing content, it remains one of the top, if not the top method of getting the material out and improving conversion rate. ● Businesses still trust email marketing to grow their business. Approximately 81% of SMBs rely on email to get more customers and leads, while 80% use email marketing to retain customers. ● It works wonders, especially when personalization is involved. Customized or personalized subject lines have a 50% higher open rate, improving the conversion rate.
Sent! The Future in Email Marketing
The future trends in email marketing are clear: more engagement, personalization, and interaction are the way to go. The secret to marketing success? Make it personal! Some of the expected trends are automation and the use of better technology for email marketers. Automated email innovation suggests that it will become much more convenient to send personalized emails en-masse, leading to less spam and more value being sent out. There’s more innovation, better strategy, and creativity when it comes to email marketing. And creativity and personalization can improve the conversion rate. Emails that create interaction or user engagement have shown increased click rates by up to 300%. This statistic shows massive potential in using email to not only gain but also to retain customers. People like to hear from companies when the emails they send out catches their eye through interactive and engaging methods. Through apps, software, and other new technologies, it becomes simpler for email marketers to create that engaging, personalized email for customers and fit them in with more comprehensive marketing strategies. It creates a seamless customer experience representing the brand and prompts customer trust and loyalty, allowing a business to grow further.
More Than Mail: Ways to Create Interactive, Personalized Experiences
Personalized experiences result in a more human connection between the brand and its customer base, and customers are actively seeking out this connection. Companies now need to aim for dynamic, behavior-based personalization that gives customers these values and human interaction. This connection pays off tremendously as it improves the conversion rate.