How to Create a Successful Email Marketing Strategy in 2023?
How to create a successful email marketing strategy in 2023?
In this email strategy, you will find examples and templates for generating and higher return on investment often called ROI. With COVID increasing numbers of emails, you might be thinking that emails are something from the past. No way! We believe that it’s still needed to contact your prospects and clients with this means
So let’s dive into our best tips and strategies to grow, engage and retain your subscribers for the long term.
1. Start with your inbound marketing strategy
2. Manage and segment your list appropriately
3. Create high-performing and hyper-targeted emails
4. Optimize your emails to drive conversations and conversions
5. Create email templates for your campaigns
Start with your inbound marketing strategy
Key Elements of Inbound Marketing: Understanding and Engaging with Prospects
To understand the inbound marketing methodology, you have to understand the difference between outbound and inbound first. When you write your email, you have to understand what your prospect’s current mindset is. Find a way to make them happy with the product and services you are promoting.
In your mind, you should always have three steps which are attraction, engagement and delight. It’s only once you understood the three elements of your targeted clients that you can start thinking about your inbound strategy.
Importance of Strategy Alignment and Funnel Optimization in Inbound Marketing
Your software should be connected to your CRM database and you should make sure that your CRM has all the basic information to target your customers with specific information. You should make sure that you turn on mandatory fields to highlight missing fields and update them before you sent a personalized email.
Then you have to make a choice about the funeral of conversations and conversions. Are your clients reading blogs? Which media are there consuming? Might be using chatbots? It’s important that you find the right funnel and make sure that the conversation will engage seamlessly with your clients and prospects. The funnel is more important than the message itself!
And your strategy should reflect your goals. As Simon Sinek says, “People don’t buy what you do but why you do it.
Manage and segment your list appropriately
To create a segment, we suggest you think out loud about a buyer’s journey. This is by a person or associated with a behaviour. Of course, this behaviour is the behaviour that you want and may not be the behaviour of your clients however it’s the right way to start to create a contextual message and test and try – this is pure A/B testing. Testing scenario until you find the best ideal message.
To create this list, you should collect the right information and using the CRM and the forms will help you to make sure that you collect information correctly. The data should be explicit and obviously compliant with email regulations called GDPR.
The client segment should have a life with leads, customers, subscribers, topics and perhaps also some elements such as Christmas or Chinese New Year, Hanukkah… We suggest you use TAGS for that segmentation too.
It’s important to make sure that you have a healthy database and make sure that your clients have the option to unsubscribe
Create high-performing and hyper-targeted emails
Defining a powerful and high-performing email strategy is something easy. We suggest you set a goal with a “SMART” goal.
S for a specific
M for measurable
A for attainable
R for relevant
T for timely
This is the core of our solution to deliver the right financial information at the right time to the right investor. Sending the right email means also making sure you use the moustache or “added variable” inside your template email to deliver the hyper-targeted message.
This is what we call hyper-targeted communication which means sending information that will be slightly individualized to make sure that each consumer will believe that it was a 1 to 1 message.
Obviously, the conversation should be based on words, but you can also attach some documents and forms. As InvestGlass generates forms linked to the CRM database, you can therefore ask an extremely specific question and even ask your contacts to update their own preferences with those questionnaires!
Optimize your emails to drive conversations and conversions
Once you crafted the perfect email the objective is to increase the number of clicks. This is what we called the click to action or something I like to call also the compelling call to action. Here we have to make sure that we will limit to one click to encourage customers to click on the link and follow through with one goal.
Create the right email templates for your campaigns
Then you will definitely create templates that can be saved and shared among your colleagues to promote a product and service but also for KYC remediation. You can define in the email template different types of business needs to create the perfect message and a frictionless experience for prospects and investors.
4 key ideas for 2023 don’t try to do it!
So how to create an email that we trust? The first step is to make sure that those elements of emails educate your customers and investors.
Email should provide valuable downloads and resources and therefore help and educate your clients.
The call to action should be clear and you should only have one call to action in an email. And the email can be of various formats with a video, a picture or dress very basic text. You can customize form InvestGlass email templates function with the “link name”.
In 2023, you must make sure that you collect expressed consent. This is the key to the can-spam and GDPR regulations which is to make sure that you collected in one way or another and express permission to contact those people who consent to be contacted via email. If someone asked you to stop emailing, then you should do it – and send a breaking up email.
Sales script ideas?
{{first name}} the first name and all information in brackets are directly promoted from your CRM.
Hi {{first name}},
My name is {{My Name}} and I head up business development efforts with {{My Company}}. We recently launched a service/platform that {{One Sentence Pitch}}
I read about you and based on your online profile, you appear to be an appropriate person to connect with…or might at least point me in the right direction.
I’d like to speak with someone from {{Company}} who is responsible for {{handling something that’s relevant to my product}}
If that’s you, are you open to a ten-minute call on {{time and date}} to discuss ways the {{Company Name platform}} can specifically help your business?
If not, can you please put me in touch with the right person? I appreciate the help!
Kind regards,
{{My Name}}
DISCLAIMERS
OPT OUT GDPR
One or two other steps are needed such as the template colours, the complex logos and the setup of your outbound email communication centre. This takes no more than 10 minutes to do and will make your email feel like they are leaving your own mailbox!
Analyze more and more
To analyze your email, you should have a look at the following. How many emails were delivered, how many emails were missing, how many emails were opened, how many emails were clicked, and how many emails get converted?
How to build your Return on Investment for email marketing?
First, you have to subscribe the money you invested in this campaign from the money you will make with an additional investor or sales. For example, CHF.10,000 is the money you made in additional sales CHF.1000 is the money you invested which equals CHF.9000.
Then divide the total money invested in your company so CHF.9000 divided by CHF.1000 equals nine and multiply this result by 100 here it will make 900%. The ROI is 900%.
Now you are ready! Go and get them!