Email marketing is a subpart of Digital Marketing. Similar to Digital Marketing, its main focus is on promoting the product and services while generating strong relationships with potential customers. So, it can be said that email marketing is of great importance in today’s era. Several seminars and conferences keep on originating from time to time to make people understand its importance and latest techniques. The name of one such email marketing conference is “Mailcon email conference”.
Before introducing more about Email Marketing, let’s understand what Email Marketing actually is.
What is Email Marketing?
Whenever a firm sends an email apart from a payment confirmation email and answers the query of a user and comprises the motto of acquiring the users, that is called email marketing. It may include a newsletter (intended to promote information about the company), a promotional email for sale, an exclusive email with certain deals for the subscribers. One of the main advantages of it is that it keeps the audience intact with the latest information about the company. Also, if it is used a lot unnecessarily, it may be counted as spam which is not fruitful and creates a negative impact on the users.
Now is the time to discuss the benefits of email marketing. Understanding them you can have more clarity about the same.
Benefits of Email Marketing
When it comes to the benefits these are in abundance. Here, the most popular benefits of email marketing are going to be discussed.
Have a look.
Awareness About the Brand
One of the main benefits of email marketing is that it allows one-to-one communication. Every firm wants to spread its brand publicity. To do this they accompany email marketing as there is a high chance that the user will see and open up the email which is not possible in other modes of marketing like social media, where an average time of staying at the post is of few seconds only.
A Global Reach
Email marketing does not let you confine yourself to a limited audience. The region of it is global i.e it lets you showcase the company at the global level. Also, the charges to email marketing do not jump up and the cost remains under budget.
It is not difficult to share an email. If you are sending a promotional email to your subscriber, there is a huge chance that it will be shared with others (If it is a good offer). So, it enhances the business leads in a way and also promotes your business to several different markets.
Email marketing falls under the budget and is not costly as compared to other marketing channels. Since it is completely digital and does not require you to spend an additional fee in terms of printing, billboard, magazine, etc. Also, if you want to send emails to a large audience, there will be a need for some automated software and it might cost you a little bit. But this money overhead will be much smaller as compared to the money spent in physical marketing.
If you are unsure about the status of email marketing in the coming future or wondering what could be the future of it, you will get the answer to it in the next passage.
Future of Email Marketing
According to Statista, by the end of the year 2023, the number of email users will be around 4.3 billion which in itself is a huge number. Without email marketing, the scope of marketing seems to be impractical.
Users who are interested to check the email need to personalize the email received as sometimes promotional emails are filtered as spam. So, it is not a good practice to bombard emails to the users.
Also, with the advent of new devices in the coming future, there will be a need of framing email marketing with respect to them. So that users do not face any hindrance while reading the email.
To make people aware of trending email marketing tactics, several marketing summits are organized from time to time at different places.
Email marketing is the most trending marketing technique. Anyone who needs to accelerate their business needs to follow it. Nowadays, it is inclining more towards automation as the number of email users is increasing day by day and also the scope of email marketing is not limited to a few users.
One such scope is Email Segmentation. Knowing your customer and product advertising targeted specifically to demographic groupings will contribute to a higher success rate and overall reach of your product. The end result will be a personalized service with clear audience awareness.