Let’s look at a few stats which perfectly illustrate just how impressive email marketing really is and how it is transforming business…
For example, did you know the following figures?
So, what does all this tell us? Why are these stats the way they are?
Firstly, let’s consider the ROI. The reason that ROI is so high for email marketing is actually because the cost of entry is so low. ROI is ‘return on investment’, the amount of money you make versus the amount of money you spent in order to make it!
In the case of email marketing, you only need to pay for an autoresponder. Once you’ve done that, you have the means to collect and send emails, which means the only thing left for you to do is to write said emails. Guess how much writing an email costs? And it barely takes any time either (remember: time is money!). In short, this is an incredibly quick and cost effective way to start marketing.
Another stat that’s interesting is the fact that 91% of consumers check their email every single day. That’s a huge statistic but in reality, it’s probably rather conservative. The reality is that most of us check our phones not only every single day but countless times throughout the day.
The reason for this is that we get a notification each time we get a new email. There is no way for us to miss an email, which stands in stark contrast to a Facebook post or a Twitter Tweet which is very easy to miss.
In fact, the main way that you tend to hear about new Facebook posts is via email.
Think about the Facebook pages that you have Liked. Can you honestly say that you get 100% of the messages that any of them put out? The answer for most of us is ‘no’ and the obvious reason for that is that we’ll only check Facebook every now and then and even then, we’ll likely only see a small percentage of what’s on offer because that’s what will make it to our homefeed. The only way we would stand a chance of seeing 100% of the content from a given page is if we were to manually navigate to that Facebook page every single day and scroll down through the posts.
And who cares enough about a brand to do that?
With email on the other hand, you not only check your inbox multiple times a day anyway, but you also get alerted each time a new message comes through.
Of course, this is only true of your inbox and not of your ‘social’ mailbox or spam – but using the tips you’ll learn over the course of this… course… you’ll learn how to make sure you end up in the inbox and not one of the other two.
So, that’s what the stats say but what about the things that a survey can’t quite capture?