grow your email marketing list faster
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
TIM WATSONEmail Marketing Consultant
Grow Your List FasterJune 2014
Photo credit: Flickr arbyreed
Is this your strategy?
Content is King
Data builds the Kingdom
Whatβs your objective?
Quantity Quality
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%
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
The 7 iβsOf list growth
interest
Stimulate customer signup interest by giving benefits and reasons to
subscribe
1
Top of page or bottom?
incentive
Offer incentives to reduce friction to subscribe
2
Free, Win, Save incentives
Targeted incentives
Source: KISSMetrics
Lead capture rate doubled
impulsive
Help customers to act impulsively with spot on timing and by making it
easy
3
Wait until customers are engaged
Ask once value is established
35% of
sign-ups
During transactional processes
instant
Instant gratification not just promise of jam tomorrow
4
Offer immediate value
integrated
Integrate list growth across all touch points
5
Partners
Twitter Cards
Facebook β competitions and more
Solutions from: TabSite, Wildfire, Shortstack, Woobox, Heyo, Pagemodo, and Offerpop
Facebook Custom Audiences
Offline capture points
Source: Zettasphere http://www.zettasphere.com/email-list-growth-increased-3-3x/
3.3x more email addresses than publishing a URL
Within corporate Emails - bounce back
Header
Footer
50% of list growth using these banners Source: RocketSeed
Verify and recover failed addresses
improve
Review and improve list growth processes you already have
6
Optimise capture
Source: ContentVerve
31.54% more signups
investable
Evaluation and metrics that make list growth investable
7
B2C Example
π ππ£πππ’ππ£πππ’πππ πππ΅2πΆ πΈππππ π΄πππππ π =πΏπππππ ππππππππ π Γ(π΄πππ’ππ πΈπππππ ππ£πππ’π)
(π΄π£ππππππππ π‘ π ππ§πππ hπ‘ π π¦πππ )
Life 3 years, revenue Β£500K, list 75000= 3 years x Β£500K/75000 = Β£20
And set permitted email acquisition cost
Donβt be shy ASK
β’ Ask more oftenβ’ In more placesβ’ More effectively
Questions?Get answers β contact me hereβ¦
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/