How to Design a Lucrative Email Marketing Strategy

You’ve probably heard it a million times “Mailing lists are free sales.” Collect emails of potential buyers. Start a Email Marketing Campaign at say MailChimp.com, and watch the sales flood in. What they don’t tell you is how to compete step one. Get high quality, targeted subscribers.

Email subscribers are the most lucrative asset of any Social Media marketing Strategy. They’re a list of potential customers who’ll likely lead to easy sales. Furthermore, obtaining email addresses of potential clients gives you the opportunity to build relationships, resulting in potentially regular returning traffic. It should be any website’s priority to grow an email list.

Some say that with the emergence of social media marketing, Email is no longer needed. But the numbers disagree;

  • 66% of online customers in 2014 (ages 15+), made a purchase as a result of email marketing.
  • 91% of working age adults check their emails at least once a day. Most by mobile phone.
  • 70% of mobile purchases were the result of an email.

So how do you go about building a list of potential customers?

Email Marketing Strategy

List Building itself hold very little value. It’s the quality of subscriber’s that add value. A list of irrelevant, uninterested, and fake subscribers is completely useless to you, and can even cost you money.  The number one mistake many bloggers and website owners make when designing their Email Marketing Strategy is how they go about populating this subscriber list. They focus so much on getting new names on their list that they lose sight of their true end goal (to make money)and add any old Joe Shmo to their list. You need to focus on only obtaining subscribers who are potential customers. Target people who have expressed interest in, or have already made a purchase.

The next big hurdle your average blogger trips on is failing to send a quality email. Today, nearly every working adult owns a smartphone and uses it to check email. Emails need to be easy to read when on mobile. In 2014 over 50% of Americans used their mobile device as their main email checker!

 

So how do you target the Right Subscribers?

The most common way to attract subscribers is by offering a freebie, like a micro-payment, a checklist, an invitation to an event, or even something physical like a T-shirt. Your freebie has to work for you though. Giving away Iphones will in no way target only potential buyers if you are selling shoes for a living. Check out how to set up a giveaway at PromoPlugs.com to set up a Social Media Campaign, a key component in any Email Marketing Strategy!

Furthermore, you shouldn’t necessarily advertise your freebie as a free giveaway. Make it the first step of your sales process. The most common example of this is trial software. The user downloads your software, uses It for a few days and then gets prompted to buy it. Give them a taste of what they’ll later pay for. Exchanging a free trial in exchange for their email allows you to work them over with a series of automated emails containing tutorials coupons prompting rash purchases, etc.

For example, if you are selling a game, you could allow the user to register with an Email and in exchange download a free trial. The user then gets to play your game right away, getting sucked into the story, and inviting friends to join them. You can then send out an automated email containing, say a free in game upgrade, and a coupon offering a 10% discount if they purchase now.

 

Ned Potter via Flikr

Ned Potter via Flikr

Types of Emails to Consider in Your Email Marketing Strategy

In my experience, you need two key components to trigger this action.

  • An intelligent auto responder sequence
  • A simple and convenient buying process

 

  1. The ‘Congratulations’ Email – This email thanks the subscriber and tells them how great of a decision they made in trying your software. They key here is to build a personal relationship with the users.
  2. The Sales Email – This email is your first attempt at finalizing the sale. You can try and relate to the subscriber with a story, or just be direct and too the point. Include a coupon to include your chances even further.
  3. The Warning Email – This email points out all the great things the user will miss if they fail to purchase in time. The coupon may expire. They may miss out on great gaming experiences with their friends, etc. For best results, we’ve found that sending this email 24 hours prior to the trial expiration is best.
  4. The Last Call Email – This email is just a small reminder about their expiring trial service. We typically send this email out around the 5 hour mark.

 

A few more tips

  • You can use a service like Mailchimp or SendinBlue to send automated emails.
  • 68% of online shoppers abandon their purchases due to a poor buying experience. Simplify the process as soon as possible.

 

To Recap

  1. A successful Email Marketing Strategy is vital towards building a successful online business.
  2. You should create an email list of potential customers, not just anyone, using a free giveaway.
  3. Once you’ve got the subscriber you can convert them using a set of automated, semi personal emails.

I’m a web developer by trade, with a background in Computer Engineering.
I’m the owner of PromoPlugs.com and CryptoTycoons.com. I’ve got a passion for CryptoCurriencies, and although, and occasionally set up services for various coins!

Facebook Twitter 


Leave a Comment