Email conversion rates are one of the business’s vital business metrics in this digital era.
Why?
To boost productivity, increase revenue and ROI and generate organic leads.
Statistically, an impressive email marketing strategy can deliver 36 times the investment done. 58% of users check their email inbox the moment they wake up. Companies are increasing their budget for this marketing domain by 37%. There are 4 billion email users. Moreover, 59% of B2B marketers consider email marketing as their top revenue-generating channel.
“As per E-mail marketing worldwide – statistics & facts | Statista, here are some exciting insights on Email Marketing:
- E-mail marketing revenue worldwide 2020-2027
In 2020, the global e-mail marketing market was valued at 7.5 billion U.S. dollars and the source projected that the figure would increase to 17.9 billion by 2027. The compound annual growth rate (CAGR) for that period is expected to amount to 13.3 percent.
- Number of e-mail users worldwide 2017-2025
Despite the growth and prominence of mobile messengers and chat apps, e-mail is an integral part of daily online life. In 2020, the number of global e-mail users amounted to four billion and is set to grow to 4.6 billion users in 2025.
- Number of e-mails per day worldwide 2017-2025
With the internet becoming increasingly accessible, the number of e-mails sent and received globally has increased each year since 2017. In 2021, there were an estimated 319.6 billion e-mails sent and received daily around the world. This figure is projected to increase to 376.4 billion daily e-mails by 2025.
- Click-Through, open and close rates
Across all sectors, the average email open rate is 18%, the click-through rate is 2.6%, and click to open rate is 14.1%.”
Why are we discussing this?
These statistical figures explain how email marketing can be the best tool to create a strong brand image.
Is it still effective in this day and age?
Email marketing is an excellent way to reach your target audience. It’s easy to set up, customize, and use to build your brand, generate leads and make sales. It is a more personalized form of marketing that takes direct communication to one additional stage by sending emails to relevant people. These can contain consumers who have bought a product, taken your services, registered interest in a product/service, or any relevant target audience aligned with your niche.
Several businesses rely on email marketing to boost productivity, increase revenue and generate conversions.
Here’s why!
E-mail marketing revenue worldwide from 2020 to 2027(in billion U.S. dollars)
You will need the service from a reputed email marketing agency to distribute and segment the campaigns effectively.
7 tips for email marketing 2023
- Segmentation of email content
A clumsy email that does not deliver the right message quickly is a major red flag to avoid. Ideally, you should segment the email body into a unique subject line, a descriptive body, and a call-to-action section.
- Segmentation of target audience
Segmentation is also essential when sorting the right audience to receive emails. Hence, define your target audience with formal demography and online behaviour so that you can configure emails accordingly. Make sure you are sending the right emails to the right people.
- Personalization and personification
Stay precise with these two closely-related terms. Personalization is the key to making great emails that receivers can easily connect with. Personification is to add a personal voice to the email content to make that feel human. Write emails as if they want to engage the receivers in a conversation. Encourage replies and listen to what the receivers wish to say to increase engagement. Write content blocks in the emails that the readers find exciting and appropriate.
Dynamic or adaptive content reduces bounce rate and leads to more conversions.
- Narrate a story – Storytelling is the key
Written narratives and stories resonate well with the readers. Rest assured that stories make more impact on the audience you want to approach. Engaging readers’ attention will enhance to a considerable level when you tell a story about your brand and experience. Make it more personal and give credit to the customers you have. Please encourage them to become a part of your clientele. Remember to add a punch line and a call-to-action section.
- Drip campaigns
A drip campaign can be set that will send emails automatically at the preset intervals to the list assigned or to the users who have taken action on your website. These campaigns are the best bet you can use to create a solid and lasting impression on the users who have just visited your website.
- Mobile friendly Emails
Seek assistance from the top email marketing companies to make your email mobile friendly. The interactive elements added to the email body must fit into the mobile screens properly and deliver the right message. Remember that 53% of the population check emails on their smartphones.
- Linking images is a must
Using images and infographics is the best way to engage the readers. Link these images with your landing pages and business website. Help land on the pages they want to visit.
Verdict
These top tips will enable your email marketing campaign to increase business efficiency and success. Include the CTAs, write interesting and appropriate content, create proper subject lines, make the emails mobile-friendly and provide links with the images.
Hire an email marketing agency to get the job done. Keep loyal customers engaged, convert leads with email marketing tools, and establish your brand.
The company caters to a diverse clientele and has a panel of skilled employees. If you wish to browse the catalog of services, drop a mail or schedule an appointment, then log onto the website. If you want more about email marketing services, visit Espial Solutions.