Establishing Goals and Strategies for Your Email Marketing
I think we can all agree that having goals is good. It gives you something to shoot for; something to achieve that will likely stretch your limits and cause you to challenge yourself. Setting smaller goals that are more easily attainable in order to build confidence and momentum can go a long way to the more lofty achievements. And of course, your strategy is what helps you achieve those goals, so the two go hand in hand, so to speak.
Okay, let’s get down to what email marketing goals and strategies may look like. It is important to have expectations for any email campaign, as well as a clear purpose for why the campaign is going out, but this is particularly important when you are just beginning or are emailing any list of individuals who do not know you, your company, or your message. In large part, your goals will depend upon your purposes for the email campaign, and ultimately what strategy you employ to reach those goals. For example:
Is the campaign for branding?
Are you sending your email campaign in order to generate awareness of and draw attention to your brand? If so, your strategy might be to send a large volume of email, and to do this on a fairly regular basis. Studies have shown that individuals are more likely to take some kind of action if they recognize a brand and are accustomed to seeing the name, logo, etc… Of course, you must always be cognizant of over saturating your audience with email messages.
For a branding campaign, monitoring the email deliverability and the number of recipients who opened your email is important. You can bet that if they opened it, they took a look at the content. So, hopefully you had a clear, concise, and catchy message (more about email content here), with your name and/or logo readily visible.
Is your goal to drive traffic to your website?
Like a branding campaign, volume is key with any email campaign intended primarily to drive traffic to your website. Also, like a branding campaign, deliverability and opens are important factors in analyzing the email campaign results, but here click-through’s are equally important. If the goal is to make sure that the individuals see your website content, it is essential that they click on your email ad. For this, your strategy must be a bit different. The recipient must click for this campaign’s goal to be reached, so having a clear call to action is imperative. A clear and large, “Visit our website to learn more!” is a good example.
Are you looking to get sign-up’s or to make sales?
A sign-up could be for anything: an email newsletter, a mailing list, a petition, etc… Of course, a sale speaks for itself. All of the other elements are important: deliverability, click-through ratio, a clear call to action, but we’ve added a new piece of strategy into the equation. Although the sale itself should take place on your website and NOT in your email ad, the strategy to drive the recipient to the website must be a bit different than in the case of simply driving traffic. You want to offer the recipient a glimpse of what is available, so that when he or she reaches your site interest is piqued for that product or service.
For this particular email marketing campaign in which you are looking for the recipient to take action, a high volume mailing is likely not the best strategy right out of the gate. This is where split-testing can be a very useful strategy as well. You will want to do as much testing as possible to be sure that the most effective email ad, list, etc… is being utilized. Ultimately, this is more easily quantifiable because you will be able to count those actions (sign-up’s or sales) to see how the campaign performed, but it is still important to look at every element. If you receive a much higher number of opens on a particular test, but the number of clicks goes down, you know it’s time to look at the email ad.
It is important to note that with any of the goals mentioned above, a crucial part of your strategy must be your email list. Targeting the correct audience is one of the most important ways to ensure that you are not wasting time and money emailing individuals who have no interest in your message.