Email tops the ROI charts for effectiveness
If you haven't read eConsultancy's census on eCRM effectiveness. It's a must read.
Email return on investment comes out top for ROI (ahead of SEO), with three-quarters (73%, up from 66%) of companies agreeing that email offers ‘excellent’ to ‘good’ ROI. 2015 calculated an average ROI for email at £38 return for every £1 spent, I know one client that has an ROI of over £1,000 for every £1 spent.
When will other brands realise they need to increase their investment in eCRM.
*** Full report here
If you're not currently emailing your clients & prospects on a monthly basis, you should focus on this.
I did this for a family run farm and in 9 months increased their direct clients from 450 to 690 and their prospect CRM from 250 email to 1,200 in 2 years. All this with virtually no marketing budget. Other than the cost to setup an email template & training them how to create new ones.
There was also a behavioural change needed. For example
When taking an order, taking their email addresss & asking if they wanted to be subscribed to the monthly newsletter
When attending food fairs, having newsletter signup form with a small competition to win a small prize
Adding a newsletter signup form to the website
See the case study as to what can be achieved with very little marketing budget.
Further Reading
Explore more growth tips, blogs and articles
Want to fast track your growth? Find out how we can help
Not sure what tools could fast-track your growth or improve your marketing team’s effectiveness? Explore our recommended 3rd party tools
What growth is achievable? see some recent case studies
Know what help you want? Pick a service & Book an exploratory call