Grow Your Email Marketing List Faster

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TIM WATSON Email Marketing Consultant Grow Your List Faster June 2014

description

The 7 i's of rapid email marketing list growth. Seven principles behind list growth that you can use to capture more email addresses. Examples are given to illustrate each point.

Transcript of Grow Your Email Marketing List Faster

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TIM WATSONEmail Marketing Consultant

Grow Your List FasterJune 2014

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Photo credit: Flickr arbyreed

Is this your strategy?

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Content is King

Data builds the Kingdom

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What’s your objective?

Quantity Quality

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Why Bigger is a lot BetterA B

List size 25000 30000

Campaign Creation £500 £500

Send fee £50 £100

Total Cost £550 £600

Revenue per email (p) 3 3

Total Revenue £750 £900

Profit £200 £300

List size increase 20%Profit increase 50%

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Tracking Source Performance and QualitySource Number

of leadsSource Cost

CPL 1st Monthly Revenue

Revenue per lead

Quality%

Google PPC 1400 £2310 £1.65 £480 £0.34 21%

Competition 950 £750 £0.78 £225 £0.24 31%

Incentivised signupFacebook Ad

Test Sources and invest in highest quality sources,where CPL is lower than

permitted acquisition cost

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The 7 i‘sOf list growth

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interest

Stimulate customer signup interest by giving benefits and reasons to

subscribe

1

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Top of page or bottom?

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incentive

Offer incentives to reduce friction to subscribe

2

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Free, Win, Save incentives

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Targeted incentives

Source: KISSMetrics

Lead capture rate doubled

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impulsive

Help customers to act impulsively with spot on timing and by making it

easy

3

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Wait until customers are engaged

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Ask once value is established

35% of

sign-ups

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During transactional processes

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instant

Instant gratification not just promise of jam tomorrow

4

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Offer immediate value

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integrated

Integrate list growth across all touch points

5

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Partners

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Twitter Cards

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Facebook – competitions and more

Solutions from: TabSite, Wildfire, Shortstack, Woobox, Heyo, Pagemodo, and Offerpop

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Facebook Custom Audiences

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Offline capture points

Source: Zettasphere http://www.zettasphere.com/email-list-growth-increased-3-3x/

3.3x more email addresses than publishing a URL

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Within corporate Emails - bounce back

Header

Footer

50% of list growth using these banners Source: RocketSeed

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Verify and recover failed addresses

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improve

Review and improve list growth processes you already have

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Optimise capture

Source: ContentVerve

31.54% more signups

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investable

Evaluation and metrics that make list growth investable

7

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B2C Example

𝑅𝑒𝑣𝑒𝑛𝑢𝑒𝑣𝑎𝑙𝑢𝑒𝑜𝑓 𝑎𝑛𝐵2𝐶 𝐸𝑚𝑎𝑖𝑙 𝐴𝑑𝑑𝑟𝑒𝑠𝑠=𝐿𝑖𝑓𝑒𝑜𝑓 𝑎𝑛𝑎𝑑𝑑𝑟𝑒𝑠𝑠×(𝐴𝑛𝑛𝑢𝑎𝑙 𝐸𝑚𝑎𝑖𝑙𝑅𝑒𝑣𝑒𝑛𝑢𝑒)

(𝐴𝑣𝑒𝑟𝑎𝑔𝑒𝑙𝑖𝑠𝑡 𝑠𝑖𝑧𝑒𝑖𝑛 h𝑡 𝑒 𝑦𝑒𝑎𝑟 )

Life 3 years, revenue £500K, list 75000= 3 years x £500K/75000 = £20

And set permitted email acquisition cost

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Don’t be shy ASK

• Ask more often• In more places• More effectively

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Questions?Get answers – contact me here…

Web http://www.zettasphere.com/contact/Twitter @tawatson

LinkedIn http://uk.linkedin.com/in/tawatson

Get Free Email Marketing Advice and Tipshttp://www.zettasphere.com/signup/