Building an Email List for your Business
Among the buzz of social media marketing, paid advertising, growth hacking, viral marketing, etc., most companies overlook email marketing.
However, an email list can boost any business and drive traffic in real time. The benefits of building an email list are too many to ignore.
I believe in precisely prepared email marketing strategies. You can develop a strong relationship with your audience and boost sales excellently.
The Email List: What is it?
An email list is when a business gathers the names and email addresses of its website visitors, who allow it to share notifications or updates regarding sales, discounts, new product launches, price drops on previous products, and more.
Later, the business creates personalized emails concerning its online stores, products and services, and blog updates and sends notifications to those audiences in bulk.
In short, building an email list is the best way to connect with your audience and grasp their interest in your offerings. Statistically, email marketing fetches you six times more clicks compared to tweets.
Many online tools can help you build an email list, including MailChimp, Sender, ThriveLeads, Optimonk, Mailmunch, and many more.
A Brief Insight into Email List Building
The act of tempting more web visitors to subscribe to your newsletters and emails is known as "email list building."
When you have an irresistible CTA on your website's homepage, it encourages your web visitors to connect with you through emails. Here, the CTA works as the source of email list building.
Your email list will improve as you develop more ways to attract your audience.
Why Building an Email List can be Beneficial?
If successfully run, email marketing enjoys a 4300% ROI on average, says the Direct Marketing Association.
According to ExactTarget stats, an investment of $1 generates revenue of $44.25 on average.
Here are a few reasons why building an email list is profitable:
Easy interaction with your target Audience
Different studies and research show that around 91% of people check their email notifications at least once every 24 hours, while the same people might avoid opening social media for days.
Email marketing is much more effective for getting your consumers' attention.
When you share an email with your web visitors, your tailored message reaches their inboxes directly.
And if your message is compelling enough, you will never know you can get tons of new leads in just a few seconds.
An Email Is a Personal Approach
Consumers love it when you share personalized emails, mentioning their names, creating the perfect 'awe moment.'
Your personalized message can take the outcome from average to extraordinary!
Moreover, email is very personal; everyone gets the message straight in their inbox with other emails, unlike coming across a sponsored ad while scrolling through the news feed.
Additionally, in the case of email marketing, there is no such thing as a "ranking" that can limit your reach.
Creates a bond with the website visitors
As mentioned earlier, email is very personal, and by taking advantage of it, you can develop a smooth relationship with the users.
Also, it allows you to address issues faced by your web visitors and solve them immediately.
When your web visitors are happy, they will return to your site again, which can expand your business and enhance sales.
Segmentation
Email marketing can work more effectively, driving 18x more sales if segmented. Segmentation in email list building refers to sorting mail by personalized preferences.
When you equip the users with the most relevant offerings, they will automatically show interest in your business.
The best way to learn their likes and dislikes is by asking them a few questions when they sign up for your email notification.
To segment the emails, you can use the visitors' tailored info. It can be anything from age, gender, geographical location, etc.
Builds Trust
Many introverts skip communicating with your business on social media even though they are eagerly interested.
With email marketing, you can allow them to ask questions personally.
Since users receive emails in their inboxes and can formulate their queries privately with ease and confidence.
This, in turn, helps build trust, making them your permanent buying consumers.
You Have Sole Control Over Email Marketing
Unlike Facebook, Google, and Twitter, which keep changing their algorithms and policies, email marketing remains to be enacted.
With the modification of the policies, you need to start afresh, as your existing SEO efforts and media campaigns will become useless.
Mail lists, however, are very secure as other giant businesses do not persuade them.
An Email Will Stay Forever
Several social media and blogging platforms were once viral but disappeared with time. Furthermore, they took the advertising techniques with them that had a huge fan base.
And this will continue, vanishing other popular platforms that are now in the trends. But email is different; they are eternal, and so are the email lists.
As per Radicati, there are around 3.8 billion active email users today, and the number is increasing by thousands with each passing day.
It means the number of your subscribers will increase daily with the correct email marketing approaches, strengthening your brand image.
Ensure maximum exposure to your target audience
No other platform enjoys as many users as email. As mentioned earlier, the number of active members has touched 3.8 billion and is expanding daily.
That suggests that if your email marketing approach is top-notch, you will likely reach out to more audiences than other marketing networks.
Bring Back Lost Consumers
Time-out might occur when users switch to different brands for a change. And through email marketing, you can bring back your inactive consumers.
Re-engaging with them, explaining your new products, best-selling products, discounts, and offers on your products and services, may entice them to return to you.
Let You Launch New Products/Services at A Low Cost
You probably spend a lot on launching new products and services. What if we say you can conduct your product/service launch programs efficiently at a pocket-friendly price rate?
With an email list, it is possible! Just promote your products through email marketing, and let your consumers place orders directly from your website!
Moreover, you can even use the email market for sample testing.
Texts with powerful words like "free sample, Discount, Price drops, Pay Only Delivery Charge to Try Our New Launches" allure buyers and try it.
Therefore, you can know what your clients think about your new launches and proceed based on their feedback!
Great ROI
Who doesn't want to relish a great ROI at a minimal investment? If you feel the same, email list building is your game!
Email marketing is way more affordable than most other marketing elements, including promotional, influencer, and sponsored ads on social media platforms.
However, the results are always the same. Sometimes the ROI rate of email marketing surpasses the other techniques.
Convert Your Web Visitors into Your Actual Buying Consumers
Research conducted by Deloitte shows that around 27% of US clients subscribe to a mailing list to save a few dollars.
That means if you give them coupons for gifts, they will likely purchase them from you.
Well, in the case of groceries, the percentage increases to up to 65%. In short, by building an email list and offering promotional materials.
You can convert most of your website visitors into permanent consumers.
Web visitors are already interested in your website. And that is why they have visited your site. And email list building convinces them to become your loyal and permanent consumers.
Top-Of-The-Line Ways to Expand Your Email List
There are several ways you can use to expand your email list, and the most useful ones are the following:
Giveaways
Everybody loves free goodies, and your clients are no exception to that!
You can pull several consumers into your business with free products and vouchers. For free entry, ask for the email addresses of your web visitors.
And tell them that they can win more entries if they share your giveaways on the social media platforms they use.
Lead magnets
A lead magnet is a marketing term that means offering gifts to your web visitors to get their email addresses. It can be anything from free eBooks, PDFs, newsletters, etc.
Coupon Vouchers
Coupon vouchers are an excellent product for a lead magnet, especially when you run an eCommerce business.
Vouchers offer a 2-in-1 benefit, where you can generate leads and boost sales.
Poll Creation
Consumers love to have a personalized user experience.
And taking advantage of it, you can create surveys and polls, asking them to share their feedback.
What changes they want in the products/services, and other relevant questions regarding your offerings.
In between, you can get access to their email address!
Custom Forms
Implementation of custom forms on your "Contact Us" page is the easiest way to grow your email list.
Not to mention, custom forms let you learn much about your audience other than your email address.
It can help you to personalize your email content, winning the hearts of your web visitors.
Pop-Up Email Opt-In Form
An opt-in form refers to the consent provided by web visitors who want to know more about a specific service/product.
And it is known to grow your email list faster than any other method.
Inclusion of an eye-pleasing theme
Customers love things that visually please them.
So, when your website has a friendly theme, alluring designs, and a flawless user experience, people will want to stick around your website.
Consequently, it will help you add them to your email list.
How To Create an Email List?
To get started with creating your email list, here are a few simple steps that you need to follow:
Step 1: Develop A Website
Starting from scratch, you need to develop a website for your business. If you already have an existing website, proceed to the next step.
Including survey forms to build an email list is also a smart move.
Step 2: Include A Subscription Form
A subscription form lets your web visitors subscribe to your newsletters and blogs by inputting their mail addresses.
Thus, embedding a subscription form into your website is a must.
Step 3: Link Your Subscription Form to A Premium-Class Email Marketing Tool
The third step involves registering with email marketing software. It is necessary to store your composed emails and share them accordingly.
Step 4: Include an Email Opt-In Forms
As mentioned earlier, email opt-in forms are a great way of quickly growing your email list.
When your visitors complete the form, you can get their details, including their mail ID. So, all you need to do is include an email opt-in plugin.
Step 5: Strategize Your Email Campaigns Wisely
After stocking up the email addresses of your web visitors, it's time to connect with them with personalized emails.
This 5th and final step is crucial as the outcome of the whole campaign depend on whether your visitors open your emails and respond to them.
So, make sure to compose the emails in the best way possible.
Building an email list fetches equal benefits for all, regardless of the industry you belong to.
Big businesses have already started incorporating it into their marketing strategies. Well, email marketing is a long-term investment that offers high returns at a very minimal cost.
However, when composing emails, ensure the content appears genuine and catchy, or the user may discard it as spam.
And the best way to develop your email marketing campaigns is to analyze the results of your existing strategies and improve them in your future approaches.
While there will be ups and downs, keep improving your skills, and nothing can stop you from reaching sky-high success.
I hope the information I've provided might serve as a good place for you to start when blogging.
If you enjoyed today's article, "Why do you Need an Email List? Please share the tools with others.
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My Best to You,
Elizabeth Redd
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