Imagine this: It's 2023, your email subscribers are converting, your bounce rate is dropping, and the revenue you earn from your email marketing campaigns is reaching new heights.
Sounds great, doesn't it? But those results are possible only if your email marketing is future-ready.
The global email marketing industry is forecast to reach $17.9 billion by 2027. And if you want a slice of the pie, you must realign your email marketing strategy to stay relevant in the ever-evolving digital landscape.
Customers' behavior is changing. Your potential leads are savvier and intentional about what content they consume online and how they consume it. As a result, personalization and data-backed insights are more critical than ever for making meaningful connections with your audiences.
Here are five ways to overhaul your email marketing strategy in 2023.
1. Double-down on personalization
Source: SendGrid
One of the best email marketing tactics for businesses is to get personal with potential leads by sending tailor-made messages. You'll have a higher open and clickthrough rate, more engagement, and increased revenue as a result.
Although many brands now understand the value of personalization in email marketing, most still need to use it to its full potential.
Email personalization should use data-driven insights to take a strategic approach to creating a personal experience for each subscriber.
Personalization tactics include...
- Using segmentation: Segmenting your email list means grouping your recipients based on parameters such as demographics, location, and buying behavior.
- Considering browsing history: By analyzing users' browsing history and interactions on your website, you can personalize their emails accordingly and send tailored offers to increase the likelihood of conversion.
- Taking advantage of important dates: You can use important dates such as birthdays to send personalized greetings or even discount offers for products your targeted leads are interested in.
- Employing trigger emails: A trigger email is a message you send to recipients after they complete an action on your website, such as buying a product, trying a demo version, or signing up for a newsletter subscription.
- Sending emails from a specific person: Instead of using your business name as the sender address, you can use a person's name to build a more personal connection.
Email personalization is about making subscribers feel like more than a number on your list.
For example, a campaign by legal service platform The Expert Institute sent personalized emails from its vice-president George Cuchural.
Each email addresses the recipient by name and informs the reader that George will be the primary business contact. The email has a warm, friendly tone and lets the reader know that George is available to answer questions.
Source: drip
2. Create more value
As you realign your email marketing for better performance, focus on creating value for your customers through relevant and valuable content.
Emails should contain a balance of value, insights, and promotion. For instance, instead of hard-sell pitches all the time, share content that is helpful to your target, such as guides and how-tos. People will unsubscribe if you promote too much; but if you don't sell enough, they will lose track of your business's purpose and won't become customers. The trick is to find the sweet spot between those elements and create a formula that works for you.
In this eye-catching B2B email, Obviouslee offers small businesses the chance to use its PR services at no cost. And it does so in a playful way: by parodying the Fresh Prince of Bel Air's theme song.
Source: ZENMEDIA