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Email Marketing Industry overview & trends
Presented By: Don Farrell – MD Circulator
Email marketing will generate an ROI of $48 for every dollar spent on it this year, outperforming all other direct marketing channels .
(DMA Oct 18 2008)
Email Marketing Stats - 2009
Total Revenue Generated $500bn
Microsoft x 4
97% of all Internet users use email . If it was a country, its 1.4 billion users would make it the largest country
But as a marketing medium?
Sharing of information (viral)
78% of people email their friends links to information they wish to share
22% share through social media
Email delivers one of the lowest costs per order. Email's ROI index is 70 % higher than any other direct-response marketing vehicle - DMA, 2008
Email Marketing Stats
What Medium can’t you give up?
Email and text messaging (both 26%) are the activities “least likely to be given up for a week"
25% of US internet users report using social networks more often over the past 6 months
23% of US internet users report using email more often over the past 6 months
21% of US internet users report using text messaging more often over the past 6 months
Growth Trends: Social Networking v Email v SMS
75% of online consumers prefer to receive promotional messages via email
Followed by 17% who prefer direct mail promotions – down 8.6%
More than half of online consumers have made a purchase as the direct result of an email more than any other online communication channel
Change in Consumers preferred channel 2008 – 2009
Customer Re-lationships
Generating New Leads
Brand Awareness
Direct Online Sales
0%20%40%60%80%
100%
95% 83% 82%57%
%
%
What have Irish Marketers used email for ?
A 2009 survey of top Irish marketers found 79% rating email marketing as important or very important to their marketing strategy
Future of the medium ?
Positive
34% of marketers believe email will become more effective over the next two years
Why ?
74% believe the content is getting more relevant
58% see email as an integral part of their multichannel activities
44% believe customers prefer email as a marketing channel
Negative
Spam – we all hate spam ! Thankfully spam filters & firewalls are getting better
>Inbox Overload
Ireland – 2009 – Average open rates
17% of Irish Marketers are seeing open rates of over 51%
Q – what factors influence open rates ? A – Subject Line, Timing, Frequency & quality of previous campaigns
Email Examples - The Good
Personalisation
Main CTA is well positioned and is HTML (people can see / click it even if they don’t download the images)
Clear and well defined supporting cta’s ( also in HTML)
Full Company Details and Opt Out
Email Examples - The Bad & The Ugly ..
Image downloading - Get a good mix of images & html
Images Downloaded Images Not Downloaded
Domains
Business 62%Hotmail 14%Gmail 8%Yahoo 8%Eircom.net 8%
Emails sent via Circulator (Ireland 07 - 09)
What email clients do people use ? Email sent to 27k European Business Addresses – Sector Energy - Feb 09
A recent campaign to an ‘Online Marketing’ audience - 10% opened it on an iPhone
Integrate email & mobile marketing
European mobile internet penetration is growing significantly, from 13% in 2008 to 39% in 2014
42% of 18– 34 year olds, and 33% of 35-44-year olds, say they are interested in receiving marketing messages on their phones
‘Text’ your email address to 51xxx to:
Enter & Win Get more info Be added to the list
Testing increases ROI – The Process
Design
Analyse
Segment
Delivery
Why Test ?
Testers achieve 68% higher return
Small changes can make a big difference
Good news - most marketers don’t
Test
Multi Tier Viral Campaign - person who subscribes the most friends wins €1000
Multi Tier Viral Campaign
Multi Tier Viral Campaign
Increasing brand awareness & database
Integrate Email with the other smart stuff
Integrate with Google Analytics and track what happened after the subscriber clicked through to your site. Real ROI Measurement
Questions & Answers
Text ‘circulator’ followed by your ‘email address’ to 51444
Visit www.circulator.com
Mail: [email protected]