Tuesday, March 16, 2021

Email Newsletter: Why Your Business Needs One

E-newsletters are a succinct way to communicate with your prospects and clients. Newsletters can serve as valuable vehicles to educate and inform your target markets, fundraise, promote a new product or just stay top of mind with those most important to you. The best part is that e-newsletters can be produced at a low cost with a high return.

It’s well known that email marketing is one of the most effective forms of marketing. According to a report from Litmus, the average ROI (return on investment) for email marketing is $42 for every $1 spent.  Depending on which industry you’re in, that return can be even greater:

  • Software & technology: 40:1
  • Marketing, PR, & advertising agency: 42:1
  • Retail, e-commerce, & consumer goods or services: 45:1
  • Media, publishing, events, sports, & entertainment: 45:1
  • Travel, tourism, & hospitality: 53:1

Email newsletters are a great way to dip your toe into email marketing.  E-newsletters come in a familiar format that’s easy to digest and are generally welcomed in the inbox.  Here are some reasons to consider investing time and effort into developing an e-newsletter:

1. Boost Sales

Attracting new business and re-engaging with existing customers requires consistent communication and e-newsletters provide an effective way to do this. Email marketing allows you to highlight your products or services, illustrate benefits, show examples and easily connect prospects to a point of sale. Including special incentives like coupons or discounts, plus a strong call to action, can help you generate more business.

2. Maintain Connections

When you consistently deliver valuable information to your clients and prospects’ inboxes, you develop trust in your brand and become known as a source and expert in your industry. E-newsletters that offer relevant information can help you stay connected to your audiences.

You can also boost your other digital marketing efforts- specifically your social media network connections- by featuring and linking to them in your e-newsletter.

3. Drive Website Traffic

What better way to get the people who matter most to your business (your email contacts) to visit your website? By placing strategic hyperlinks to your products/services or blog posts, e-newsletters can play an active role in increasing site traffic.

Email marketing services let you track your e-newsletter’s performance, including open rates and click rates, so you can see which content worked best. These insights will help you evaluate which content  appeals most to your readers when you’re creating your next issue.

If you need help creating an e-newsletter or other type of email marketing, contact Jocelyn Murray at Marketing & Event Resources.  Check out my portfolio for samples of e-newsletters that I've created for my clients.