Is Email Marketing Still Effective in 2024?
You’ve probably have question that Is email marketing dead or is Email Marketing Effective in 2024
Don’t buy into it. While some email marketing strategies are outdated, the channel itself continues to thrive.
Consider the following statistics:
- Active email accounts topped 5.6 billion in 2017 to 2026.
- 78% of marketers report continued increases in email engagement.
- For every $1 businesses spend on email marketing, they receive $42 in return.
Not only is email marketing alive and well, but it also offers significant benefits for your small business.
Benefits of using email marketing to market your small business
1.It’s affordable
No matter what new tactics or strategies arise in the next few years in the digital marketing world, one thing will always remain the same. Companies need to find tactics that allow them to maximize their marketing budget while still achieving their overall goals. Email marketing is one of the most cost-effective digital marketing strategies that you can use to reach and engage your target audience.
Average expected ROI is $42 for every $1 you spend on email marketing.
2. You can automate the email marketing process
Email automation will continue to be a major topic in the discussion of the importance of email marketing.There are a lot email marketing based platform where you can schedule your email to large audition. ex: Mailchimp
3. Build and organize your audiences before you launch
Don’t wait until you launch to start building an audience. Spread the word about your new business on social media with your landing page and you can use Marketing CRM to organize your new contacts. The audience dashboard makes it easy to segment your new contacts, so you can personalize your marketing from the moment you start to socialize your business idea.
4.Increase brand awareness
Nope, social media isn’t the only platform that helps a company’s brand awareness. Possessing a customer or prospect’s email address means one thing: they showed a level of interest in your business. Email marketing gives you the ability to increase that interest level, that brand awareness, by staying top of mind.
This doesn’t mean to send four daily emails to every single customer. That’s actually a great way to get customers to hate you… Instead, try some email marketing that promotes your activeness in the local community. Too many times companies try to sell, sell, sell their products via email marketing, and completely ignore the brand awareness factor. By doing so, they’re also prohibiting the ultimate possibility of building customer trust and adding a sense of personality to their brand.
5. You can quickly and easily measure your email marketing efforts
The only way to know if a digital marketing tactic is working for your business is to measure the results. Yet another reason why your business needs email marketing by 2020 is because email marketing metrics are easy to track and measure over time.
With email marketing analytics, your business can see which users opened your emails, if they clicked any links, or if they took the desired action (or converted).
6.Everyone (almost) uses email
A Hubspot survey states that 91% of consumers use email. That alone should be enough to convince you to explore the tool. Unless your industry accounts for the remaining 9% (hint: it doesn’t), email presents an incredible opportunity to reach customers. Not only can you provide them with discounts, specials, new products and more, they can share and forward those emails to anyone they’d like. A good email marketing strategy is to encourage customers to share offers as much as possible.
Start Growing Your Business with Email Marketing
Now that you know the importance of email marketing and how your business can use it to grow, it’s time to start making a plan for implementation. If you don’t have any email marketing expert then Konnectogrow can help you for the same. Konnectogrow provides you the best digital marketing services in Pune and Noida, you can get the expert solution for your email marketing strategy.