How to Grow a Great Email Marketing List?
One of the most frequently heard concerns amongst novice email
marketers and even some more experienced ones is 'I'm fine with the
concept of permission but how do I get new members onto my list?'
I think we are all comfortable with the idea of communicating
regularly with existing customers and prospects so long as you have
permission to do that.
However, the 'old way' of growing a list (ie: buy a database and
scatter bomb it with offers hoping that some of the names on that list
will turn into customers) well, that doesn't apply to email
marketing.
In fact not only does it not work but you risk some serious damage to
your brand in doing that. The double whammy of a deluge of customer
complaints and being blacklisted by ISPs so none of your email gets
through should be enough to put anyone off.
So just how do you get new people on your list?.. fast?
Your Website The first place to look would have to be whatever you
have in place right now. This is most likely to be your website.
Visitors to your website are there because in some way your website
drew them there. However, fleetingly, they have pre-qualified
themselves just by visiting.
Rather than let them drift off into cyberspace, you should be doing
everything you can to win permission to build a relationship with
them.
However, it's not as easy as it used to be to win that permission. The
days when a free email newsletter was considered to be value in
itself are long gone. You need to have a much richer value proposition
to win that permission these days.
You will probably need to consider two types of value proposition: the immediate gratification and the long term benefits.
Immediate gratification propositions are usually some form of free
gift or more often an entry into the prize draw. Customers can sense a
quick return on their investment. Give my email address now and win a
$100 gift voucher next week!
However, you also want to have long term benefits clearly described.
After the prize draw what else is in it for the visitor. Member
discounts, advance notice of new products, in depth information,
belonging to an interactive community and invitations to special
events are all longer term benefits to consider. Make it clear that
handing over an email address isn't just about a prize draw.
If your site visitor to newsletter signup rate is pretty low, it could
be that you are asking too much. When you think about email marketing
as building a long term relationship, then it makes sense not to
overdo the first meeting. If I meet a stranger in a bar and he asked
me within the first five minutes what cereal my first born preferred
to eat, I would be running for the door. Think of earning permission
as being that guy in the bar. If you push too hard, you're scary. Get
it right, and you're marriage material.
Friend Get Friend If you are going to the trouble of working on your
website signup process, you might want to add in a 'friend get friend'
aspect. Afterall, when you meet someone nice, you're dead keen to
tell your friends!
It's not hard to add in the functionality to allow your new recruits
to send a quick message to their friends inviting them along to the
site so that they can join up too. I'm a great fan of allowing your
visitors to add their own message rather than just sending out the
standard website message.
Of course, you don't have permission to communicate with those people
until they sign up too but the chances of them doing that are a lot
higher if their friends have told them about your great value
propositions! People don't trust marketing messages anymore, but they
do trust their friends (mostly).
Once you have your website signup processes sorted out, only then would I recommend that you look to other methods.
Advertising Advertising in offline or related online publications can
work. I feel it works better as a brand awareness tactic than a
direct response mechanism. However a well placed ad in an email
newsletter that goes out to a list that's well-related to your type of
customers, can work wonders to drive prospects to your site.
Telemarketing If you absolutely insist on buying yourself a raw list,
then it makes much more sense to call these people first. Whichever
way you look at it, if you don't, you are veering into luncheon meat
territory (spam). Well-executed telemarketing with a good incentive in
behind it, can have response rates of up to 80% permission.
Co-registration This sounds a lot more technical than it is. To go
back to the bar analogy, it's simply a case of 'if you like me, you
might like my friend too'. To get this set up, find a company that has
a website with email signup on it and a good strategic fit to your
own. Then you both add sign ups to the other to your websites, thereby
doubling the exposure that you get.
As with any partnership relationship, it will take careful management
to make sure that both of you feel you are getting enough out of the
relationship and you will need to work extra hard to make sure the
customers know what they are getting.
A final note though : it's not the number of names on your database,
it's the quality of those names that counts. 100 people who are
committed customers are more valuable than 500 tenuously gathered
names. So when you are playing the numbers game, remember to examine
the true value of each list member. |
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