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Let's face it - the # 1 killer ap
on the internet today is email. Why is email a goldmine
as far as business is concerned? Simple, it gives you
the capability to reach zillions of people (read "prospects")
at the click of a button at literally zero cost. It's
a real no-brainer what it means to generate even one
sale with such costs.
PLUS it helps you evaluate to the last
penny how your marketing campaigns fare. There is no
better way to evaluate your campaign other than an email
marketing campaign. Why? Because it helps you track
your results down to the last individual - right from
how many people actually opened your mail to the number
of sales (or results) that you generated. In fact the
biggest companies today test their campaigns online
to get an accurate measure before launching a full-blown
offline marketing campaign.
PLUS PLUS despite the growing misuse
of email or SPAM by unscrupulous marketers, the fact
is that people are less likely to trash an email as
opposed to regular postal mail that they receive in
their mailboxes. So email marketing is a real win-win
proposition.
Leading online marketers have recognized
the power of email marketing as a great tool for back
end sales, repeat sales and cross sales. No wonder then
that they've built up opt-in lists of over 100s of thousands
of subscribers. They use these opt-in subscribers to
teach them the power of online marketing and at the
same time expose them to their tools and products, creating
a mutually beneficial relationship.
Email is a remarkable tool to maintain
and evolve customer relations. In this cut-throat world
of competition, companies are increasingly realizing
that its far easier to retain existing customers by
nurturing their relations rather than trying to get
new customers. Marketing statistics demonstrate that
its 70% cheaper to cross-sell to an existing customer
than getting a new one.
Advanced Applications
The best part is that email allows
you to develop customer relation like no other way,
that is why e-CRM has grown to have tremendous significance.
Email correspondences give you the power to collect
and analyze customer history most effectively. At the
touch of a button, you can have access to customer purchase
history, customer preferences, customer satisfaction
and much before. All this enables to help you develop
more meaningful marketing correspondence and a more
satisfying experience for your customer. While all this
may seem Greek and Latin to the beginner, the fact is
that as your business grows you will find yourself doing
all this and much more and email will help you do all
this at ZERO cost. Now can you imagine the power of
email? The challenge is to grow the initial faceless
relationship into a full-fledged intimate one.
So don't waste evaluating the pros and cons of email
as your most effective marketing weapon - if you're
not in, you're out. The fact is that email is here to
stay and you better begin today to harness its true
power as you move up your growth path.
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