This article is intended to give you some background on the subject of electronic newsletters. What they are, how they work, and why you should be thinking about adding an E-Newsletter to your marketing tactics. Please contact us today at 770-454-1190 to speak further about how we can help you get started with an E-Newsletter!
If you use email on a regular basis, you're probably already receiving E-Newsletters from some of the companies you do business with. And while there's a tremendous amount of variation out there regarding what constitutes an E-Newsletter (or "electronic newsletter" or "E-zine" or "email newsletter;" they're all the same thing), they do have certain elements in common.
"The cost of acquiring a new customer can be as much as 5 times the cost of keeping an old one," (source: Peppers and Rogers). "A 5% increase in retention yields profit increases of 25 to 100 percent" (source: Bain and Co.) "Permission e-mail campaigns are ten times more effective than direct mail campaigns." (source: IMT Strategies) The results of this research and dozens of other studies add up to a simple conclusion: It's a lot more cost effective and profitable to grow your business by increasing revenue and referrals from existing customers, than it is to keep chasing strangers. If you've got a "house list" of business relationships, you've got an extremely valuable asset. An asset that a quality E-Newsletter is perfectly suited to take advantage of:
- An E-Newsletter Increases Lead Generation and Cross Selling
- An E-Newsletter Increases Customer Lifetime Value
- An E-Newsletter Provides a Low Cost; Instantaneous Channel For Sending Messages
- An E-Newsletter Opens Up A Two-Way Dialogue with Customers and Prospects
- An E-Newsletter Hypercharges Your Existing Marketing Efforts
- An E-Newsletter Provides Instant Measurable Results
- An E-Newsletter Increases Lead Generation And Cross Selling
