Given our
class two weeks ago on email marketing, this article was timely, and
corroborated what Professor Kagan and Brian Hecht told us – it comes via a new
study by email marketing provider AWeber.
They polled
1600 of their small business customers. Of course, they are a self-selecting
group, since presumably they wouldn’t be a customer of AWeber unless they used
email marketing, but still, I found some of the points particularly
interesting:
*75% of small business owners use
email marketing to leverage their business
*91% of them fulfill their marketing
needs themselves
(my highlight)
*30% of them attribute 25% or more
of their revenue to email marketing
*”The business owners who are rocking it with email marketing…see
the value in growing an audience of email subscribers as part of the overall
growth strategy for their business.”
Of course,
the company that did the study has a vested interest in having the results
support email marketing, but since they support what we learned in class, I am
going to assume they are correct.
In any case,
when you look at the numbers above, and the fact that these small business
owners are also email marketers, it made me think that perhaps an email
marketing class (or at least a segment) – the why’s and the how’s – should be
part of our required classes. Because if this is one of the most powerful and most efficient marketing tools
available for small businesses, and there are so many budding entrepreneurs at
CBS, it feels like it should be part of the curriculum for everyone…maybe part
of our Marketing class in the core?
The article
ended with the advice that every email marketing message should contain a call
to action, because apparently not all of them do: “the SMB owner doesn’t drive
all the way to what they want the outcome to be….” When I think about my own
habits, the marketing emails I click through on are always focused on getting
me to act…bills, sales, offers for upgrades in status (hotels and airlines),
etc etc., so clearly they are getting to the relevance and the call-to-action
in the emails I receive (at least the ones that work). Anyway, the article put
a nice exclamation point on the class for me, and has me thinking about email
marketing for a nonprofit I am working with. It is something I haven’t done
professionally, but I can see both from the research and from my own experience
how important it is.
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