grow your email marketing list faster

33
TIM WATSON Email Marketing Consultant Grow Your List Faster June 2014

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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.

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Page 1: Grow Your Email Marketing List Faster

TIM WATSONEmail Marketing Consultant

Grow Your List FasterJune 2014

Page 2: Grow Your Email Marketing List Faster

Photo credit: Flickr arbyreed

Is this your strategy?

Page 3: Grow Your Email Marketing List Faster

Content is King

Data builds the Kingdom

Page 4: Grow Your Email Marketing List Faster

What’s your objective?

Quantity Quality

Page 5: Grow Your Email Marketing List Faster

Why Bigger is a lot BetterA B

List size 25000 30000

Campaign Creation Β£500 Β£500

Send fee Β£50 Β£100

Total Cost Β£550 Β£600

Revenue per email (p) 3 3

Total Revenue Β£750 Β£900

Profit Β£200 Β£300

List size increase 20%Profit increase 50%

Page 6: Grow Your Email Marketing List Faster

Tracking Source Performance and QualitySource Number

of leadsSource Cost

CPL 1st Monthly Revenue

Revenue per lead

Quality%

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

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

Incentivised signupFacebook Ad

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

permitted acquisition cost

Page 7: Grow Your Email Marketing List Faster

The 7 iβ€˜sOf list growth

Page 8: Grow Your Email Marketing List Faster

interest

Stimulate customer signup interest by giving benefits and reasons to

subscribe

1

Page 9: Grow Your Email Marketing List Faster
Page 10: Grow Your Email Marketing List Faster

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

Page 14: Grow Your Email Marketing List Faster

impulsive

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

easy

3

Page 15: Grow Your Email Marketing List Faster

Wait until customers are engaged

Page 16: Grow Your Email Marketing List Faster

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

Page 22: Grow Your Email Marketing List Faster

Twitter Cards

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Facebook – competitions and more

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

Page 24: Grow Your Email Marketing List Faster

Facebook Custom Audiences

Page 25: Grow Your Email Marketing List Faster

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

Page 27: Grow Your Email Marketing List Faster

Verify and recover failed addresses

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improve

Review and improve list growth processes you already have

6

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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

π‘…π‘’π‘£π‘’π‘›π‘’π‘’π‘£π‘Žπ‘™π‘’π‘’π‘œπ‘“ π‘Žπ‘›π΅2𝐢 πΈπ‘šπ‘Žπ‘–π‘™ π΄π‘‘π‘‘π‘Ÿπ‘’π‘ π‘ =πΏπ‘–π‘“π‘’π‘œπ‘“ π‘Žπ‘›π‘Žπ‘‘π‘‘π‘Ÿπ‘’π‘ π‘ Γ—(π΄π‘›π‘›π‘’π‘Žπ‘™ πΈπ‘šπ‘Žπ‘–π‘™π‘…π‘’π‘£π‘’π‘›π‘’π‘’)

(π΄π‘£π‘’π‘Ÿπ‘Žπ‘”π‘’π‘™π‘–π‘ π‘‘ 𝑠𝑖𝑧𝑒𝑖𝑛 h𝑑 𝑒 π‘¦π‘’π‘Žπ‘Ÿ )

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

And set permitted email acquisition cost

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Don’t be shy ASK

β€’ Ask more oftenβ€’ In more placesβ€’ More effectively

Page 33: Grow Your Email Marketing List Faster

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/