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 £500 £500

Send fee £50 £100

Total Cost £550 £600

Revenue per email (p) 3 3

Total Revenue £750 £900

Profit £200 £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 £2310 £1.65 £480 £0.34 21%

Competition 950 £750 £0.78 £225 £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 i‘sOf list growth

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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

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Wait until customers are engaged

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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

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Twitter Cards

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Facebook – competitions and more

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

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Facebook Custom Audiences

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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

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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

𝑅𝑒𝑣𝑒𝑛𝑢𝑒𝑣𝑎𝑙𝑢𝑒𝑜𝑓 𝑎𝑛𝐵2𝐶 𝐸𝑚𝑎𝑖𝑙 𝐴𝑑𝑑𝑟𝑒𝑠𝑠=𝐿𝑖𝑓𝑒𝑜𝑓 𝑎𝑛𝑎𝑑𝑑𝑟𝑒𝑠𝑠×(𝐴𝑛𝑛𝑢𝑎𝑙 𝐸𝑚𝑎𝑖𝑙𝑅𝑒𝑣𝑒𝑛𝑢𝑒)

(𝐴𝑣𝑒𝑟𝑎𝑔𝑒𝑙𝑖𝑠𝑡 𝑠𝑖𝑧𝑒𝑖𝑛 h𝑡 𝑒 𝑦𝑒𝑎𝑟 )

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

And set permitted email acquisition cost

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Don’t be shy ASK

• Ask more often• In more places• More effectively

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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/