Effective Email Drip Marketing on a Shoestring Budget
Presented at: Norvax University Conference
September 24-25, 2009 | Los Angeles, CA
Speaker: Rey Villar
Choosing the Right White Label SEO Services to Boost Your Agency's Growth.pdf
Effective Email Drip Marketing on a Shoestring Budget
1.
2. Using Email Marketing to Convert More Leads
Why email marketing?
Reynaldo Villar | LinkedIn: #reynaldovillar | Twitter: @reyvillar | Orlando, FL, 2009
Lower lead generation and conversion costs
Valuable revenue-generating asset
Better tracking capabilities
Higher return on investment (ROI)
More submitted apps!
3. Using Email Marketing to Convert More Leads
Why email marketing?
Reynaldo Villar | LinkedIn: #reynaldovillar | Twitter: @reyvillar | Orlando, FL, 2009
4. Using Email Marketing to Convert More Leads
Why email marketing?
Reynaldo Villar | LinkedIn: #reynaldovillar | Twitter: @reyvillar | Orlando, FL, 2009
5. Using Email Marketing to Convert More Leads
Why email marketing?
Reynaldo Villar | LinkedIn: #reynaldovillar | Twitter: @reyvillar | Orlando, FL, 2009
6. Using Email Marketing to Convert More Leads
Why email marketing?
Reynaldo Villar | LinkedIn: #reynaldovillar | Twitter: @reyvillar | Orlando, FL, 2009
7. Using Email Marketing to Convert More Leads
Why email marketing?
Reynaldo Villar | LinkedIn: #reynaldovillar | Twitter: @reyvillar | Orlando, FL, 2009
For every dollar spent on email marketing in 2007, marketers can
expect an estimated $48.29 ROI. (Direct Marketing Association, 2007)
66% of those surveyed said they had made a purchase because
of a marketing message received through email. (ExactTarget “2008
Channel Preference Survey,” 2008)
Email produced the highest response rates (4.09%) for those
companies whose primary objective was to generate leads.
(Direct Marketing Association, “Response Rate Trends Report,” 2007)
8. Using Email Marketing to Convert More Leads
Drip marketing
Reynaldo Villar | LinkedIn: #reynaldovillar | Twitter: @reyvillar | Orlando, FL, 2009
A form of “persistence marketing” used on leads that may require
more time to make a buying decision:
1. Builds awareness and trust with
your prospects.
2. Provides information that will help
prospects make their decision.
3. Increase the probability that they’ll
remember you (favorably) when
they do decide.
9. Using Email Marketing to Convert More Leads
Your email marketing checklist
Reynaldo Villar | LinkedIn: #reynaldovillar | Twitter: @reyvillar | Orlando, FL, 2009
1. Know the law!!!
2. Select an ESP - email service provider
3. Plan a long-term campaign
4. Build your mailing list
5. Launch tips for higher open, CTR and conversion rates!
10. Using Email Marketing to Convert More Leads
Know the law!
Reynaldo Villar | LinkedIn: #reynaldovillar | Twitter: @reyvillar | Orlando, FL, 2009
Understanding the CAN-SPAM Act is
crucial for your long-term marketing
success:
Not knowing and following the rules can
cost you money.
Not knowing and following the rules
could go into your permanent record!
Understanding the CAN-SPAM Act will
increase your delivery, open, click-
through and conversion rates…as well
as your sales.
11. Using Email Marketing to Convert More Leads
Embrace the law
Reynaldo Villar | LinkedIn: #reynaldovillar | Twitter: @reyvillar | Orlando, FL, 2009
Each commercial email MUST contain:
Your valid physical mailing address
An advertisement disclosure (unless double opt-in)
Correct and legitimate header information
An easy and no-cost “Opt-Out” mechanism
12. Using Email Marketing to Convert More Leads
Follow the law
Reynaldo Villar | LinkedIn: #reynaldovillar | Twitter: @reyvillar | Orlando, FL, 2009
NEVER do any of the following:
Sell or share email addresses that have opted out.
Build your list through scraping or illegal harvesting.
Intentionally delay or hinder opt-outs.
Use deceptive or misleading subject lines.
Use deceptive or misleading “From” or “To” information.
13. Using Email Marketing to Convert More Leads
Use an ESP
Reynaldo Villar | LinkedIn: #reynaldovillar | Twitter: @reyvillar | Orlando, FL, 2009
Automatically checks “spam factor” and enforces CAN-SPAM
requirements.
Makes it easy to create and send emails to thousands of
prospects and leads.
Cost: free trial; then affordable monthly rates.
Recommended for beginners:
www.iContact.com
www.mailchimp.com
www.ConstantContact.com
14. Using Email Marketing to Convert More Leads
Plan a long-term campaign
Reynaldo Villar | LinkedIn: #reynaldovillar | Twitter: @reyvillar | Orlando, FL, 2009
1. Segment your list
2. Create a 12-month calendar using different types
3. Decide on a template design
4. Autoresponder messages
5. Sequentially programmed messages
6. [Advanced] rules-based emails
15. Using Email Marketing to Convert More Leads
Plan for long-term needs
Reynaldo Villar | LinkedIn: #reynaldovillar | Twitter: @reyvillar | Orlando, FL, 2009
How to satisfy your content needs
Brainstorm special promotions
Look for cross-selling opportunities
Collaborate with other businesses
Integrate with your website and other marketing efforts
16. Using Email Marketing to Convert More Leads
Build your mailing list
Reynaldo Villar | LinkedIn: #reynaldovillar | Twitter: @reyvillar | Orlando, FL, 2009
Start with current clients and prospects
with emails.
Add your 3rd-party Internet leads.
Insert a subscription widget into your
website.
Use list-building campaigns.
Don’t buy lists!
Encourage “forwards” with easy links.
17. Using Email Marketing to Convert More Leads
Growing your list
Reynaldo Villar | LinkedIn: #reynaldovillar | Twitter: @reyvillar | Orlando, FL, 2009
Content strategy: e-books, tools, etc.
Contests
Send only relevant emails to segments
Give them a reason to stay on your list
Triggered emails
Ask for referrals and pass-alongs
18. Using Email Marketing to Convert More Leads
List hygiene
Reynaldo Villar | LinkedIn: #reynaldovillar | Twitter: @reyvillar | Orlando, FL, 2009
Clean out duplicates and bad addresses
Pay attention to “opt outs”
Note: unsubscribes are better than spam complaints
Expect turnover of 20% to 30% per year
Remove or segment non-prospects
19. Using Email Marketing to Convert More Leads
Elements of an effective email
Reynaldo Villar | LinkedIn: #reynaldovillar | Twitter: @reyvillar | Orlando, FL, 2009
Avoid fluff and generalities
Leave readers feeling smarter
Always have a “Call to Action”
Always include a privacy statement
Keep it clean (content and design)
People like freebies, but they want relevance
20. Using Email Marketing to Convert More Leads
Subject line tips
Reynaldo Villar | LinkedIn: #reynaldovillar | Twitter: @reyvillar | Orlando, FL, 2009
The first 40 characters are key!
Test and keep testing!
Up to 60% increase when localizing info and company
name included (Jupiter Research, 2007)
2/3 of "report spam" or "junk" button clicks are due to the
subject line (Email Sender and Provider Coalition, 2007)
The best subject lines tell what's inside; the worst subject
lines sell what's inside (MailChimp, 2007)
21. Using Email Marketing to Convert More Leads
Your subject line is crucial
Reynaldo Villar | LinkedIn: #reynaldovillar | Twitter: @reyvillar | Orlando, FL, 2009
22. Using Email Marketing to Convert More Leads
When should you send?
Reynaldo Villar | LinkedIn: #reynaldovillar | Twitter: @reyvillar | Orlando, FL, 2009
Weekend deliveries are best, with open rates of up to
38.3%. (eROI Email Statistics, 2006)
Saturday is best for click-throughs (5.4%), followed
closely by Thursday. (eROI Email Statistics, 2006)
Consumers overwhelmingly prefer to receive
commercial emails on Wednesdays and Fridays. (eROI
Email Statistics, 2006)
23. Using Email Marketing to Convert More Leads
Email marketing tips
Reynaldo Villar | LinkedIn: #reynaldovillar | Twitter: @reyvillar | Orlando, FL, 2009
For better response and conversions: Test, Test, Test
More emails/week = more opt-outs
Use landing pages when possible
Simpler alternatives: blogs and autoresponders
24. Using Email Marketing to Convert More Leads
Your email marketing checklist
Reynaldo Villar | LinkedIn: #reynaldovillar | Twitter: @reyvillar | Orlando, FL, 2009
1. Know the law!!!
2. Select an ESP - email service provider
3. Plan a long-term campaign
4. Build your mailing list
5. Create and use effective (relevant) content