One
of the best aspects of email marketing is that it has the ability to turn out
considerable revenue from a promotional email campaign or ecommerce. But the
common perception of this type of marketing is that you design your email,
forward it to a list of subscribers and then wait and watch the revenue rolling
in. But it is not that easy.
For
an ecommerce program to be successful it takes more than just emailing the
newsletter. And because of this, companies jeopardize lot of money by not
dividing their customers into segments and utilizing more advanced emailing
features. Segmentation can be done on the basis of demographics,
personalization, actions, customers responses detail tracking and trigger based
emails. By considering these variables, a lot of investment may not be made in
infrastructure or technology.
The
revenue of an ecommerce program can be doubled or even tripled within few
months with a little extra effort, analysis, refinement and testing. The things
to be taken care of here are list building, content creativity, list
management, segmentation and testing.
List building is the most effective means for
increasing revenue. The email subscription form must be optimized for growth of
the email list. Just a good home page won’t do the trick of capturing new
subscribers. An eye catching link to the subscription form must be placed on
every page of the website, possibly with an impossible to miss image. Many
readers expect incentives when they sign-up for something. Try to offer ‘free
shipping’ or ‘$25 off on the first order’, or something like it. The email
address of a customer should be captured on the shopping cart form. Then a
transaction confirmation email can be sent which includes link to the
subscription form. This opportunity can also be used to get additional
information from the customer in order to target them better. Demographics such
as gender, product interests, and preferences can be asked about.
Try
to use a search engine pay-per-click or PPC program, because search is the most
frequently used way for customers to buy products they desire. PPC program
increases the traffic towards your website. If such programs are used, the
signing up process must be made easier for visitors who have or haven’t bought
products from your website. Making the website search engine optimized is the
most cost effective method of getting traffic and improving your list. This
optimization can be done either internally or by hiring an external SEO
consultant. Every page of the website must be optimized to get the top
rankings. The ‘Send-to-a-friend’ feature must be included in every eNewsletter
as this feature generates a considerable amount of new subscribers. Although
the number won’t be big, but it will be enough to satisfy the number of
unsubscribes every month.
If
the business or shop is located somewhere, in-store promotion offers can be
sent via emails. Sign-up forms can be given at cash registers and subscriptions
can be promoted at the point of purchase.
According
to researches, a compelling subject line can increase the open rate by fifty
percent. Solid offers and great design are the perfect blend for doubling the
click through rate. Give customers options from which they can choose the most
appropriate one which suits their appetite. The products must be divided into
categories. Personalization helps in increasing the response rate. Emails can
be personalized by referring to the customers by their first name or by their
past purchase history. Since the email is just an extension of the website, it
is better to leverage the website’s navigation. If the website has search
capability, it must be incorporated in the email.
The
personality of the company should be reflected in their emails and its designs.
Emails main job is motivating the recipients to click on the links to go to the
website or subscription form. Some other very important links can be included,
but a clutter shouldn’t be formed so that the most important one cannot be
located. Graphic buttons and images can be used to draw attention. Great
subject lines, top lines and offers just to wonders.
List
should be managed by calculating email churns and fatigues. Incorrect email
entry can be solved by including a second email entry box. Send out
confirmation to check the validity. Update email address and manage account
link should be included in every email.
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