Of all the ways
to get website traffic and make money online, nothing tops email
marketing. Of course, email marketing in itself means many things to
many marketers. After all, it can take on quite a wide variety of
formats.
Today I'll cover
the various forms of email marketing available to online businesses
and reveal what works and what doesn't. Here's what we'll discuss...
1. Unsolicited
bulk email marketing
2. Opt-in email list rental
3. Email newsletter classified and sponsorship advertising
4. Email newsletter solo mailings (text and html)
5. Email newsletter network advertising
6. Opt-in "series" email marketing
1. Unsolicited bulk email marketing
Let's jump
right into that dangerous endeavor referred to as UCE (Unsolicited
Commercial Email). Most of you know my take on this. Sure, you can
get some website traffic using bulk email. (Though a response rate
close to the 10% rate some companies promise is not likely - .01% is
more likely.) You can tackle the rigors of unsolicited bulk email
marketing yourself (you'll need lots of ISP connections because
they'll be canceled quickly!) or hire a company to do the dirty work
for you.
But the fact
is, since unsolicited bulk email angers a huge percentage of
recipients, your risks can be rather high. Your domain will end up
being blocked by many ISPs and you could even face some legal
battles. In my humble opinion, unsolicited bulk email is not worth
the trouble. Read on and you'll find that bulk email marketing isn't
really necessary either.
2. Opt-in email list rental
A much
"cleaner" version of bulk email marketing is "opt-in email list
rental." There are plenty of companies on the web that will rent you
email addresses that have opted in to receive commercial email.
Actually, in most cases they are not really renting the addresses;
that is, you never see the addresses. Instead, they charge you a per
email address fee for mailing your message to a list under their
management. But does it work...?
As long the
recipients are not being paid to read the messages and they are
genuinely interested in the offers they signed up to receive, this
strategy can be profitable. The problem is that in most cases you'll
pay from ten to twenty cents per address and mailing to a list large
enough to get great results can get quite expensive. But if your
budget can handle it, you can generate some great targeted traffic.
I've tried a few list rentals myself, though not recently. The best
was from the site postmasterdirect.com which has millions of
addresses in a huge variety of categories under management.
3.
Email newsletter classified and sponsorship advertising
Now let's jump
to a more reasonably priced email marketing solution... "email
newsletter classified and sponsorship advertising". In my opinion
this one still gives the best bang for the buck, especially for
small businesses with modest advertising budgets.
Some people
think I recommend ezine advertising because I have an ezine and I'm
trying to sell my own ad space. On the contrary, I've been trying
NOT to sell my ad space for the last few years. That's why my own
rates are fairly high! I can run my own offers or affiliate offers
and make much more than I can selling the ad space. Many other ezine
editors are finding the same thing. While this has resulted in
rising ezine ad costs over the last few years, one fact remains...
ezine advertising is still one of the most effective ways to get
targeted traffic -- cheap.
Ezine
advertising works best when you locate ezines that your target
market actually look forward to reading. And that's not difficult to
do... Just visit an ezine directory and search for ezines in your
niche market. Subscribe to a bunch of free ezines and read them as
they arrive. Look for larger circulation ezines that have a good
following. If you like the content in any particular ezine, then
hundreds or thousands of other readers probably do too. Place a
classified ad and if your site and offer are up to snuff, you'll
make a profit nearly every time. If you can swing a top sponsorship
ad, that works about five times better than a regular classified ad!
Here are two solid ezine directories you can scour and locate lots
of ezines that target your particular niche...
Direct Email
List Source
http://market.emailresults.com
Ezine Hub
http://www.ezinehub.com
4. Email newsletter solo mailings (text and html)
An even better
way to utilize email newsletters to drive traffic and sales is to
purchase "email newsletter solo mailings." I've been able to locate
both text and html solo mailing offers lately and some ezine
publishers really underprice these. (especially compared to list
rental costs.) I've found html email to be especially effective,
returning 4-5 times the cost of the ad in most cases. Once again,
the list should be tightly targeted to your niche audience for best
results. Use the same directories above to locate ezines that reach
your best prospects and you'll undoubtedly find some that offer this
type of advertising.
5. Email newsletter network advertising
The next email
marketing strategy which I've been using quite a bit lately is
"email newsletter network advertising." In a nutshell, you pay email
newsletter management sites to run top sponsorship ads across their
network of newsletters. The traffic can be targeted to just about
any niche and it's faster that finding each of the ezines yourself.
Although this requires a larger initial investment than running ads
in individual ezines, in the long run it is usually cheaper and it
requires much less effort. The best advertising resource I've ever
found on the web is an email newsletter network. It's one of the
proven, super-resources I share only with my Make-A-Living-Online.com
members!
6. Opt-in "series" email marketing
Finally, I'd
like to cover one last email marketing strategy which very few
Internet businesses use, and use properly. It's called "opt-in
series email marketing." This is a secret weapon many of the big
name marketers prefer not to talk about much. It works like this...
You offer an attractive and irresistible freebie at your site, (in
most cases this works best via a pop up or pop-under) and when your
visitors claim their freebie, they are required to enter then name
and email address. They then are subscribed to your series of
personalized, scheduled email messages that you have pre-written.
The best type of series is one that offers free valuable help and
information about the subject they were looking for help on in the
first place.
A well-written
email series will form relationships with your best prospects,
something that holds more value than most online businesses realize.
The best part of this strategy is that once you do the setup work,
everything is completely automated and personalized. You may wish to
check out my
Web
Business Wizard service or the
IntelliContact Pro
software for good web based email list management software.
There are a
number of sites that offer follow-up email auto-responder services.
I use my Web Business Wizard service for my own follow ups and it
has worked wonders for my business. When used properly, and with a
bit of originality and flare, this email marketing strategy can be
one of your top sales producers.
In closing...
There you have it; six email marketing strategies and the results
they yield. Of course here's one more email marketing strategy I
highly recommend, but I left it off today's list. That strategy is
"publishing your own email newsletter." I'll cover that in detail in
the next issue of BizWeb eGazette. See you then!
If you are are looking for a solution for your email marketing, newsletter marketing, mailing list management or email tracking, we recommend Nesox Email Marketer.
Click here to learn more about Nesox Email Marketer.