Customer Lifecycle Email Marketing – The Neglected Child of Web Marketing
Wednesday, October 7th, 2009IMHO one of the more exciting areas of Internet marketing is an area that is often neglected and rarely talked about within most small to medium sized companies. Much emphasis and water cooler talk in Internet marketing is often focussed on Search, Social Media and how to involve Facebook into the marketing strategy. All are good and great channels and mediums for the lead generation, acquisition, branding, market intelligence and immediate distribution of marketing messaging. So while these are all great for investing marketing budgets, why is it the 80/20 rule (80% of your business/revenue comes from 20% of customers) so often overlooked and neglected? For marketers its not as sexy as the latter as their campaign strategies are focussed primarily on acquisition marketing channels for new customers, and lack of accountability for showing revenue, profits, and sustainability from existing customers.
So how does this relate to online marketing? Whether 80/20 rule strategies are sought to increase revenue from the 20% of customers through up-sell, cross-sell or direct sell tactics, the 80/20 rule impacts all web marketing channels – including Search, and especially Email. (more…)
Enhancing a campaigns performance in the Search channels such as a paid search campaign, or even in an email program, if done properly can reap those conversion rewards, or whatever your defined KPI’s (key performance indicators) may be. Though when traveling down this path of designing, building and executing landing pages, the necessity to test is critical. Just as with a paid search campaign, email promotional or lifecycle campaigns, eStore check out sales funnel and your run of the mill homepage, the need to test to optimize is integral to maximize your online the outcome you’re seeking…whether it be increased signs ups, conversions, sales, opt-ins, opens, click thru’s etc.
Blogs,
I must admit I was one of those people who at first didn’t care less about the social media tool of Twitter and felt it was just one of many social media tools that will come and go. I was wrong. Twitter does have a purpose that supplies the demand from thee mass public, and can be complimentary fit in the overall online strategy to distribute content, and built external organic links.