e- [eee] (used in combination) A prefix that stands for “electronic” and refers to information technologies, business and almost anything connected to or transmitted over the internet.
If you were to ask me what one single method I would recommend to reach your customers and prospects on a regular basis, I would say an e-Newsletter hands down! Mind you, I am not saying that an e-Newsletter should replace every other form of marketing and advertising that you do. There are many benefits to the other methods, but dollar-for-dollar e-Newsletters are the way to go. In fact, there are so many benefits to this form of marketing and communication that it warrants a full featured article.
Awareness – Let’s start with the obvious. Just as with any other type of marketing, you want to build awareness of you and your product or service. The old rule of thumb is that it takes seven contacts before someone makes a buying decision. I’ve recently read that seven is actually pretty light now. With e-Newsletters, the number of contacts you make only depends on the frequency you send out your e-Zine (another name for e-newsletter).
Relationships – With a written e-Newsletter, you are able to build a relationship with your customers and prospects. Every issue you send is packed with usable and valuable information that your readers will look forward to receiving. The relationship you build is that of a trusted advisor. The more and more you give through sharing ideas with your readers, the more and more they will view you as the authority that you are.
Immediate – This benefit is two-fold. One, the e-mail, when written and sent, is immediately received by your target audience. You do not have to wait for that direct mail piece to be printed and delivered. You don’t have to wait for the Sunday paper to hit or for your audience to tune in the station you are advertising on. With e-Newsletters, you only have to wait for your readers to check their inbox – which with some people is as frequent and involuntary as breathing.
The other side of Immediate is the type of response you can get. If your e-Newsletters are providing valuable information and ideas and contain an effective call to action, a simple click of the Reply button gets the ball rolling. This has the potential for being much more immediate than picking up the phone and making a call.
Inexpensive – Many e-Newsletter services are very, very inexpensive compared to other forms of marketing and advertising. Although most are fairly user friendly to set up, it may be worth the added expense to have someone create your account, develop your template, build your re-direct pages and get it working exactly the way it should. But once that expense is out of the way, you can reach up to 2500 readers for $30 (depending on the service you use).
Think of that! Thirty bucks a month to reach 2500 people that are looking forward to hearing from you in each and every issue. What’s more is with most services you can send e-mails out as often as you want – once a month, once a week or even once a day! For thirty bucks? Seriously!? That’s a no-brainer!
Track Activity – This is a very powerful tool that is built in to most e-newsletter services. Say you send out your e-Newsletter to 268 readers on Thursday morning. As soon as your readers begin to open it, you can start getting live reports on how many people opened it up and more importantly, who is opening it. If you have links in your e-Newsletter that direct your readers back to your website, you can see those as well. This kind of market research is invaluable information for you.
Gain Insight – Once you’ve sent out your e-Newsletter and read your activity reports, you can discover how effective it was based on your reader’s actions. If you find that you are getting higher open rates on one particular topic, you may want to consider writing about that topic more frequently.
Segmentation – After gaining insight into what topics your readers are more interested in, you can very simply segment your main subscriber list into topical lists and send just those readers more detailed communications or even special offers that they may be interested in. This is the ultimate in tracking your marketing efforts and targeting specific audiences with exactly what they want and need.
Commitment – Everything above details the overwhelming benefits of sending out e-Newsletters. However, there is a time commitment that you must be willing to give in order for your efforts to be successful.
At a minimum, you will want to send out your e-Newsletter once a month. My recommendation is once a week. You may think find a few extra hours a week to do this would be impossible, but once you get into a groove it become part of your weekly routine and budget your time accordingly. Make the commitment, stick to it and watch the response you get. It will be like no other!
CAUTION! – Do not send out “ME”-Newsletters!! Your readers will not want to read about you every week. Your e-Newsletter is not a weekly or monthly advertisement – at least not directly. Your e-Zine must contain valuable information for your readers to use regardless if they ever pick up the phone or hit the Reply button. If your content falls short of that, your readers will get in itchy trigger finger to hit the UnSubscribe button and then they are gone!
Recommendation – When I started my e-Newsletter, I researched over a dozen services and tested eight of them. The service that I felt stood head and shoulders above the rest is Constant Contact. To learn more about it, you can visit constantcontact.com or you can call (989.546.7355) or e-mail me (workinghard@helpingusellu.com) with any questions you have.
