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What Is E-Mail Marketing?

By: Harry Hoover

Harry Hoover is managing principal of Hoover ink PR, www.hoover-ink.com. He has 25 years of experience in crafting and delivering bottom line messages that ensure success for serious businesses like Duke Energy, InterCerve, Levolor, North Carolina Tourism, VELUX and Verbatim.

E-mail - today's preferred business communication tool - provides you a simple, powerful, affordable way to develop, manage and maintain relationships as well as sell products and services. Let's briefly examine how permission-based e-mail marketing positively affects:
  • Brand Awareness
  • Market Intelligence
  • Web Traffic
  • Prospect Leads
  • Loyalty
Business Communication Tool % Preferred
E-Mail 48.50%
Telephone 39.00%
Postal Mail 3.50%
(source: Roper Starch Worldwide)

Build Brand Awareness

E-mail builds brand awareness by promoting the name, the look, feel and image of your company. Users now prefer HTML e-mail to text e-mail. HTML e-mail gives you the ability to include logos and other corporate images to reinforce your existing brand.


Increase Market Intelligence

Permission-based e-mail allows you easily to survey your current customer base to solicit feedback on your website, customer service, products and services.

With this baseline survey in hand, you can gauge how attitudes and awareness are changing over time. And with the capabilities of e-mail programs like www.nTarget.com, you can segment the results to see differences between established and more recent customers. Results such as these help you tweak and tune marketing and public relations efforts.


Drive Website Traffic

Your website can be one of your primary tools for customer acquisition and retention. People must visit the site in order for you to capture them as clients or up-sell them on other services. E-mail marketing programs can bring new visitors to the site and established customers back again.


Generate Leads

An e-mail newsletter containing worthwhile content, or a promotional offer with a high-perceived value can be used as incentives to convince prospects to provide their e-mail addresses. Once you have their addresses, you can initiate dialogue that results in acquiring and retaining the right kinds of customers. Profitable customers.


Build Loyalty

In our opinion, building loyalty is the most important feature of an e-mail program. Permission-based communication allows you to build customer loyalty, and customer loyalty kicks off a series of positive events including:
  • market share increases because acquisition costs are amortized, allowing you to realize the lifetime value of a customer
    • Some studies show that it costs six times more to acquire a customer as to retain one
    • The Harvard Business Review reports that cutting customer defections by just five percent can result in profitability increases of as much as 35 percent
  • sustainable growth continues because you have a solid base of customers who will refer others
  • attract better employees who in turn deliver better value to customers
With the availability of affordable products like nTarget, you no longer have a good reason for not using permission-based e-mail marketing to unleash the power of customer relationships.

© Copyright 2002 Harry Hoover

Other Articles by Harry Hoover

The author assumes full responsibility for the contents of this article and retains all of its property rights. MarcommWise publishes it here with the permission of the author. MarcomWise assumes no responsibility for the article's contents.

 

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