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The Power of Email Marketing: The Blog!

18 June 2024
Email

Last month, we hosted the first in our series of webinars – The Power of Email Marketing. Often a forgotten channel, email marketing is arguably the most important tool for nurturing leads and building brand loyalty. For those who were unable to attend the discussion, we’ve broken down the key takeaways below.

Why Should Email Marketing Be Part of an Integrated Strategy?

Web, social, and email channels shouldn’t be treated in isolation. Instead, they should be thoughtfully integrated and interconnected to ensure that every campaign and communication medium works efficiently together. Utilising email content with social media, web, and offline efforts creates a consistent brand message and a seamless customer journey, increasing satisfaction and loyalty.

What makes email marketing so powerful?

Better ROI

Investing in email marketing can significantly stretch your marketing budget and deliver an impressive return on investment (ROI). Compared to other marketing channels, the cost-effectiveness of email campaigns is evident, as they allow businesses to reach a large audience at a fraction of the cost of other methods. With targeted strategies and personalised content, companies not only attract but also retain customers effectively, creating long-term relationships that drive sales and brand loyalty.

Increased Engagement

Email marketing generates higher engagement across all demographics. Our Marketing to Farmers found that 83% of farmers check their emails daily or weekly, with 62% preferring to receive updates from suppliers weekly or monthly and 64% making regular purchases through email offers – these statistics make it clear: if you’re not utilising email marketing, you should be!

Whether for personal or professional use, email remains a crucial communication tool, making it a more effective medium to reach customers, offer promotions, and increase brand awareness. Emails are also more likely to be read thoroughly compared to social media posts, keeping your brand top-of-mind even if recipients aren’t ready to buy immediately.

Ease of Measurement

Email marketing tools provide clear metrics on the performance of your campaigns, such as delivery rates, bounce rates, open rates, click-through rates, and unsubscribes. These insights allow you to make informed tweaks and improvements, enhancing your overall inbound marketing strategy for future success.

High Personalisation

Email marketing allows for highly personalised content, which is key to effective inbound marketing. You can tailor your emails to your target audience’s specific needs and their stage in the buyer’s journey, increasing the likelihood of engagement and conversion. Unlike social media posts, emails offer one-to-one communication, making your message more impactful.

Farmer on phone in dairy cow field.

Pre-engaged Audience

One of the standout advantages of email marketing is that your audience has already shown interest in your company by subscribing to your mailing list. Whether they’re interested in discounts, special offers, or learning more about your products, these subscribers are more receptive to your messages. GDPR compliance ensures that your list consists only of those who have opted in, guaranteeing a genuinely interested audience.

Email in a post-cookie era

With third-party cookies no longer providing data, businesses can’t rely on outside sources for leads. This makes first-party data, collected directly from your audience, more critical than ever. Here’s why email marketing is essential in this new landscape:

  • Focus on your system: Concentrate on emailing people already in your system. These contacts have already shown interest in your brand, making them more likely to engage with your emails. This engagement drives higher conversions as these individuals are familiar with and trust your brand.
  • Acquire new contacts: Use email marketing to acquire new contacts by encouraging website visitors and social media followers to subscribe to your email list. Offer valuable incentives like exclusive content, discounts, or free resources to entice sign-ups. This strategy expands your reach and builds a robust, engaged audience base.
  • No reliance on third-party cookies: Shifting your focus to first-party data eliminates the need for third-party cookies. This not only ensures compliance with evolving privacy regulations but also builds trust with your audience by respecting their data and providing a more personalised experience.

Common issues we see in email marketing:

  • Deliverability Issues: Poor deliverability can result from factors like outdated email lists, spammy content, or technical issues. Regularly clean your email list and follow best practices to ensure your emails reach the inbox
  • Low Engagement Rates: Low engagement rates can be a sign that your content isn’t resonating with your audience. Experiment with different types of content, subject lines, and sending times to find what works best.
  • Content Relevance: Irrelevant content can lead to unsubscribes and low engagement. Use segmentation and personalisation to ensure your emails are relevant to each recipient’s interests and needs
  • Compliance and Privacy: Non-compliance with regulations like GDPR and CAN-SPAM can lead to legal issues and damage your reputation. Always get explicit consent before sending emails and include clear opt-out options.
  • Low Open Rates: Low open rates can indicate problems with your subject lines, sender name, or timing. A/B test different subject lines and send times to optimise open rates.
  • High Unsubscribe Rates: A high unsubscribe rate can suggest that your emails are too frequent, irrelevant, or not providing enough value. Monitor feedback and adjust your email strategy accordingly.
  • Spam Filters: Emails caught in spam filters will never reach your audience. Avoid using spam trigger words, ensure your email authentication is set up correctly, and maintain a healthy sender reputation.

Email marketing stands as a cornerstone of any strong digital marketing strategy. Its ability to deliver impressive ROI, create deeper engagement, and provide measurable insights makes it invaluable in today’s marketing landscape. As businesses navigate the complexities of a post-cookie era, where reliance on first-party data is becoming more important, email marketing is a reliable channel for cultivating meaningful relationships with a pre-engaged audience. By leveraging personalisation, segmentation, compliance with privacy regulations, and continuous optimisation, businesses can harness the full potential of email marketing to drive conversions and nurture brand loyalty effectively.

Take full advantage of the power of email marketing today to maintain a competitive edge in the digital marketplace.

So, if you’re ready to integrate email into your wider marketing strategy or are looking to understand how an audit can benefit your activity, get in touch here.

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