What is Email Marketing?
Email marketing is one of the best ways to connect with your potential customers. You’ve experienced it yourself as a client. For example, a customer shopping on their favorite ecommerce website leaves without making a purchase. Then they get an email declaring, “It’s your last chance to get this great pair of shoes in your size!”
That’s one of the biggest benefits of email marketing: It can bring back users who were actively engaging with your website and close to making a purchase. It’s an important tool for moving leads through the sales funnel and has a high return on investment.
We’ve collected some of the most frequently asked questions related to email marketing. Whether you want to learn more about what email marketing is, or you need to know more about how it can help you grow your business, this page can help.
Not at all. Email marketing is an important marketing tool. Transparency Market Research estimates that the email marketing industry will be worth $22 billion by the end of 2025. According to Gartner, marketing software in the software as a service (SaaS) space will continue to grow in popularity, second only to sales software’s growth projections. Among retail and consumer goods marketers, email marketing is the second most popular marketing channel behind a brand’s website: Salesforce Research shows a 76 per cent adoption rate, with a projected growth rate of 24 per cent.
Email marketing is decidedly not dead.
Email marketing has earned its place among your most important marketing activities:
- It’s an affordable, effective channel.
- With the right email marketing tools, your messages can be highly personalized.
- You can segment your subscriber email list based on specific parameters.
- Email marketing funnels and drip campaigns warm up leads you’ve captured, engage them with your company’s marketing efforts, and make them more aware of your products or services.
- Email marketing is measurable, providing a trove of data with each campaign, which removes most of the guesswork.
Email marketing benefits any business, no matter how big or small it is. With email marketing, you can:
- Reach your ideal audience with its ideal content
- Automate everything and become more efficient
- Use intelligence to discover the right audience
- Activate first-party email data across channels
- Reach customers on any device with responsive design
- Build your messages with customizable templates
- Deliver dynamic messages that inspire action
- Engage customers along their journey with great messages
- Build 1-to-1 relationships with every customer
Depending on the countries where your subscribers are, you need to ask them for permission to send them email marketing messages. Use the information below to get started, but thoroughly research how to stay compliant in every country you send emails to.
Canada’s Anti-Spam Legislation (CASL) is arguably one of the most stringent anti-spam laws that affects email marketers. Any organization that sends commercial electronic messages within, from, or to Canada must have the recipient’s consent. Other regulations exist, and your business risks a number of strict penalties if it doesn’t comply. Check out this page from Deloitte and this complete documentation from the Government of Canada for more information.
With the rise of the fight against spam that resulted in CASL, GDPR, CAN-SPAM, and CCPA, the number of ways to get free leads has decreased. Previously, it was common practice to scrape (use software to search for) any email addresses it could possibly find and add them to an email list. That’s no longer an option. Now, before you send any emails to anyone, you need their clear permission to do so.
The safest way to capture free email addresses is by asking for them. Add subscription forms to your website, since those users are truly interested in your business. Run a contest that’s based on email addresses, create a rewards program, or invite your social media followers to join your email subscriber list. A list full of people who want to receive your email messages means higher conversion rates, more accurate metrics, and a stronger email marketing channel.
Permission-based email marketing helps fight junk email, aka spam, since it doesn’t allow companies to purchase email lists. If you want to send an email to a lead or customer, you need to first persuade this user to trust you with their email address. That’s one reason why many companies use a double-opt-in to add an email to their email subscription list. Double opt-in guarantees that the email address you’ve captured belongs to a real person, and this person is interested in subscribing to your emails.
Email marketing is effective, but only as effective as the list of email addresses you send each campaign to. Build your list responsibly and stay compliant to make your email marketing sing.