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By Ross Andrew Paquette

Email isn’t going anywhere, and it cannot be ignored.

Millions of consumers worldwide use  and its use continues to increase throughout the years. Email is one of the most popular  channels, and the majority of emails sent daily are  related.

Think of how many emails you receive on a daily and weekly basis — they consume a large part of our life. From notifications to paperless billing — we rely heavily on emails every single day.

Email marketing has continued to be one of the most effective ways for a business to market to its customers. Email is personal and the open rates put your message in front of its intended recipients more than any other channel.

Email isn’t going anywhere, and while SMS marketing may be experiencing industry-high open rates, specifically in the e-commerce industry, email cannot be ignored. Here is why brands need to be all-in on email marketing.

More customizable and personal than social media

E-commerce brands, especially direct-to-consumer brands, love social media. While social media offers a great platform to market to your customers, it isn’t highly customizable or personal.

If a brand has 100,000 followers on Instagram, for example, every Post or Story is broadcast to that entire audience. What if a D2C apparel brand has both men’s and women’s lines? A post highlighting the women’s spring collection is going to be seen by all followers — male and female.

Email, however, allows an e-commerce brand to segment its list based on data. An apparel brand can have a main list that includes all customers, and then segment that into lists according to purchase behaviour.

Sending an email announcing a new women’s line to customers that have previously purchased women’s apparel is going to perform much better than an offer broadcast to the entire list. The same applies to men’s drops.

Email  also helps to create a stronger relationship. A post on social media feels generic, whereas an email addressed to the recipient feels more personal.

Highly measurable data

When you take all of the data available to you and break it down, you can make incredible improvements in your future email deployments. You can further segment your list, identifying your best customers and you can also use data to determine the best days of the week and time of day to send messages.

Numbers don’t lie, and when you take the time to analyse your email data, you will find new opportunities and optimize them to improve your overall results. For example, you might find that general newsletters have a significantly higher open rate on Tuesday afternoon, while special offers convert better on Friday mornings.

Access to this data also allows you to send dynamic content within your emails, tailored to each recipient. When you place an offer for a product they were recently viewing on your website in front of them, they are more likely to convert than they would be if it was just a generic blanket offer designed to appeal to the masses.

Consumers have instant access to their email via mobile devices

Mobile devices have the majority of consumers’ email at the tip of their fingers. You don’t have to wait for them to get home or to login to their email on a desktop or laptop. They are notified as soon as that email hits their device.

Whether or not they open your email immediately depends on several factors. If they are busy, they are going to ignore their email until they have time to dive in. A strong Call to Action in the email subject, however, can potentially get your emails opened very quickly.

Most consumers are glued to their mobile phones all day and all night — from the morning when they wake up until it’s time to go to sleep. Even while working or preoccupied, most will at least glance at their notifications.

Email gives you instant access to the majority of your customer base. Remember, you aren’t the only brand vying for their attention. Strong email subjects to draw high click-through rates are important, as is conveying your message within the first few sentences.

The right offer can trigger an immediate action, which is the beauty of email marketing. A consumer could have no intention of making a purchase, but they become intrigued with your offer, and the next thing they know, their credit card is out and they are completing a transaction on your website from their mobile device.

Cost-effective

Online marketing costs are skyrocketing for e-commerce brands. Facebook ads are becoming increasingly popular, therefore driving costs so high that it’s forcing many brands to look for additional channels that provide a more affordable acquisition cost.

Email is hands-down the most cost-effective, as the hard costs to deploy messages are minimal. Customer emails are collected when they make a purchase and via opt-ins on-site. While there is a cost associated with every email address added to a list, that is a one-time cost.

That email list turns into an asset that becomes more valuable as it grows. Large e-commerce brands can send email marketing offers weekly or bi-weekly and generate a substantial amount of revenue each time without the customer acquisition costs that come with Google Ads and Facebook ads.

By Ross Andrew Paquette

Sourced from Entrepreneur Europe

By ,

Email isn’t going anywhere, and it cannot be ignored.

Millions of consumers worldwide use and its use continues to increase throughout the years. Email is one of the most popular channels, and the majority of emails sent daily are related.

Think of how many emails you receive on a daily and weekly basis — they consume a large part of our life. From notifications to paperless billing — we rely heavily on emails every single day.

Email marketing has continued to be one of the most effective ways for a business to market to its customers. Email is personal and the open rates put your message in front of its intended recipients more than any other channel.

Email isn’t going anywhere, and while SMS marketing may be experiencing industry-high open rates, specifically in the e-commerce industry, email cannot be ignored. Here is why brands need to be all-in on email marketing.

More customizable and personal than social media

E-commerce brands, especially direct-to-consumer brands, love social media. While social media offers a great platform to market to your customers, it isn’t highly customizable or personal.

If a brand has 100,000 followers on Instagram, for example, every Post or Story is broadcast to that entire audience. What if a D2C apparel brand has both men’s and women’s lines? A post highlighting the women’s spring collection is going to be seen by all followers — male and female.

Email, however, allows an e-commerce brand to segment its list based on data. An apparel brand can have a main list that includes all customers, and then segment that into lists according to purchase behaviour.

Sending an email announcing a new women’s line to customers that have previously purchased women’s apparel is going to perform much better than an offer broadcast to the entire list. The same applies to men’s drops.

Email also helps to create a stronger relationship. A post on social media feels generic, whereas an email addressed to the recipient feels more personal.

Highly measurable data

When you take all of the data available to you and break it down, you can make incredible improvements in your future email deployments. You can further segment your list, identifying your best customers and you can also use data to determine the best days of the week and time of day to send messages.

Numbers don’t lie, and when you take the time to analyse your email data, you will find new opportunities and optimize them to improve your overall results. For example, you might find that general newsletters have a significantly higher open rate on Tuesday afternoon, while special offers convert better on Friday mornings.

Access to this data also allows you to send dynamic content within your emails, tailored to each recipient. When you place an offer for a product they were recently viewing on your website in front of them, they are more likely to convert than they would be if it was just a generic blanket offer designed to appeal to the masses.

Consumers have instant access to their email via mobile devices

Mobile devices have the majority of consumers’ email at the tip of their fingers. You don’t have to wait for them to get home or to login to their email on a desktop or laptop. They are notified as soon as that email hits their device.

Whether or not they open your email immediately depends on several factors. If they are busy, they are going to ignore their email until they have time to dive in. A strong Call to Action in the email subject, however, can potentially get your emails opened very quickly.

Most consumers are glued to their mobile phones all day and all night — from the morning when they wake up until it’s time to go to sleep. Even while working or preoccupied, most will at least glance at their notifications.

Email gives you instant access to the majority of your customer base. Remember, you aren’t the only brand vying for their attention. Strong email subjects to draw high click-through rates are important, as is conveying your message within the first few sentences.

The right offer can trigger an immediate action, which is the beauty of email marketing. A consumer could have no intention of making a purchase, but they become intrigued with your offer, and the next thing they know, their credit card is out and they are completing a transaction on your website from their mobile device.

Cost-effective

Online marketing costs are skyrocketing for e-commerce brands. Facebook ads are becoming increasingly popular, therefore driving costs so high that it’s forcing many brands to look for additional channels that provide a more affordable acquisition cost.

Email is hands-down the most cost-effective, as the hard costs to deploy messages are minimal. Customer emails are collected when they make a purchase and via opt-ins on-site. While there is a cost associated with every email address added to a list, that is a one-time cost.

That email list turns into an asset that becomes more valuable as it grows. Large e-commerce brands can send email marketing offers weekly or bi-weekly and generate a substantial amount of revenue each time without the customer acquisition costs that come with Google Ads and Facebook ads.

By

Founder and CEO of Maropost

Sourced from Entrepreneur Europe

By Lucas Miller.

More than a few companies have been burned by the wrong approach. Make sure yours isn’t one of them.

Influencer marketing is becoming a fundamental part of many e-commerce brands. In fact, in a recent survey, 92 percent of marketing agencies confirmed its effectiveness. So if nearly everyone agrees it’s important, what do e-commerce brands need to know about this hot topic so they can best take advantage?

1. Influencer marketing reaches further.

Traditional marketing channels have brought success to many companies for decades, but as times change, those channels do not reach as far as they use to. Influencer marketing is able to connect to customers on a deeper level than traditional marketing was ever able to. Even better, it’s capable of accomplishing this on a limited budget.

Customers are unlikely to pay attention to advertising that they believe to be inauthentic. They are much more likely to trust a real person over a brand. This trust is important to build, because many customers will leave a brand they believe is disingenuous.

The price tag for an influencer partnership can vary, but there are options for any budget. In the past, a company could spend millions of dollars to create an advertising campaign that connects with customers. Unless your influencer is a high-profile celebrity, you will not need that kind of cash. If you’re trying to keep costs down, there are many low-profile influencers that can be hired for a fraction of the cost of an ad campaign while still effectively bringing in customers. The ROI for influencer marketing is significantly higher than traditional marketing.

2. Influencers must be relevant.

When finding an influencer to partner with, you must find one with relevance in your industry. It doesn’t matter if a potential influencer has a million followers if their audience is not connected your products. Find someone that resonates with people who will also resonate with your brand.

One individual who certainly understands the principle of finding relevant influencers is Josh Elizetxe, founder and CEO of Snow. Elizetxe is an entrepreneur and internet advertising veteran, and during a recent email conversation about influencer marketing, he told me, “Finding the right partnership lets small companies take on big companies. It allows tiny startups to become lucrative, long-term businesses. It’s all about using the internet to your advantage.”

3. Micro-influencers reach targeted audiences.

The best strategy for using micro-influencers is to segment your customers and choose which segment you want to target, increasing the efficiency of your marketing efforts. Dunkin’ Donuts used the micro-influencer partnership strategy this past year. They also used nano-influencers, which are people with even smaller followings but high influence among that following. Dunkin’ was able to generate $300 million in coffee sales alone with this strategy by  capturing the attention of younger audiences and appearing more relatable to highly targeted groups.

4. Authenticity is key.

In influencer marketing, authenticity is the number-one priority. It’s important to find influencers that truly believe in your product. Customers can see through an influencer who’s promoting a product for a paycheck. This kind of promotion won’t drive sales, and it may even give your brand a bad name.

In 2016, Bootea, a weight loss-shake brand, partnered with Scott Disick, a reality star with a large Instagram following. Unfortunately, Disick copied and pasted the instructions from the brand into his post, and his followers immediately knew the promotion was sponsored. It’s important to find an influencer who will not only appear authentic, but also be authentic.

5. Platform choice is strategic.

There are many platform options for influencer marketing, but it’s imperative to choose one that’s right for your industry and your product. You must understand what platforms your target audience is using and which people on that platform they trust.

Most brands think of Instagram when talking about influencer marketing, but any platform where you can build a large following can be a good choice. Many influencers have gained large followings through YouTube, blogging, Pinterest and, more recently, TikTok.

The most popular platforms are not your only option, though. In fact, sometimes you can reach customers more effectively through less-popular outlets with less competition.

6. Quality matters.

Younger companies, especially new e-commerce brands with small budgets, are frequently tempted into partnering with the least-expensive influencer. Be cautious when doing this, however, because the quality of an influencer’s following matters. Newer influencers sometimes are not as influential as they seem.

Impostors are one of the biggest issues businesses have encountered when looking for low-cost influencers. It’s common for aspiring influencers to buy followers, which makes them appear to have a high level of influence when they don’t. To avoid this problem, read through potential influencers’s content. If engagement levels are lower than expected, some of the followers may be fake or simply unengaged. And in e-commerce, credibility and active engagement are, quite simply, everything.

Feature Image credit: supersizer | Getty Images 

By Lucas Miller

Founder of Echelon Copy LLC

Sourced from Entrepreneur Europe