In business, of all the electronic methods at our disposal for communication both internally to our colleagues and externally to our prospects, it is pretty much universally accepted that email will long continue to dominate.
In the consumer brand world, SMS, blogging, in-boxing, poking and tweeting are now an integral part of a ‘switched-on’ marketing strategy. But in the B2B arena the efficacy of such ‘new wave’ electronic communication is very much less understood largely due to the view that it’s immeasurable, ineffective and therefore frivolous. As we know however, relevance of use is key to the success of a particular communication method, and, where there is justification through results, adoption of these ‘new’ channels will no doubt be inevitable.
So currently, in the B2B space there are many ways to engage with our prospects using email marketing; To educate, influence, and stay ‘top-of-mind’ with customers, qualified leads, vendors, and colleagues. To glean information by measuring responses, and to feed leads to sales. To keep prospects warm and nurtured, upsell existing customers, generate more high-quality sales leads, strengthen your relationships overall, generate more referrals, and give sales intelligence that ultimately helps convert more leads into more sales. These methods fit perfectly into the email vehicle and can all be justified as relevant reasons for interaction.
With all of the above diligently in mind, you might be forgiven for treating email marketing as simply a ‘one to many’ means of ‘blanket bombing’ our prospects. BUT, in engaging with the audience, it is important to remember that we are developing a one to one relationship with savvy individuals who will very quickly see through a volley of thinly veiled generalist emails. As with all brand/company perception, once an opinion has been formed it is difficult to change that view.
It’s with this in mind that businesses are now turning to an even more forensic and sophisticated set of techniques which build ‘customer life-cycle’ marketing strategies using gathered intelligence in the form of ‘behavioural’ and ‘engagement’ data. In essence the technologies needed to track and communicate with customers one at a time and based upon their specific behaviours are now available.
By allowing email subscribers to specify email preferences, by dynamically personalising email content, by segmenting email campaigns based upon a sales cycle, or upon behaviour and by sending automatically generated emails based upon triggers, businesses are able to increase click throughs and open rates from 20%-30% significantly by delivering highly personalised and relevant content.
When engagement data is tracked and analysed the resulting segmented intelligence identifies the customers who are likely to buy/contact/order and, those customers engaged with a segmented email are up to 8 times more likely to buy/contact/order than those who are not. Behavioural data is gleaned through the online activity of site visitors and therefore behavioural email targets visitors based upon their online activity for best results. With open rates as high as 70%, you can in turn expect higher click through rates and conversion rates. Automated email strategies incorporating behavioural data and engagement data allow you to pro-actively communicate with prospects throughout the sales cycle and can be defined into many different categories from Welcome programme’ to ‘content triggers’ (i.e. viewed section x of site) from ‘regular browser’ to ‘twitter follower’ and many, many more.
Through our Windowbox e-marketing solution coupled with an initial e-marketing workshop we are able to put the theory into practice in order to help your business make the most of its relationship with individual prospects via behavioural and segmented email campaigns. After all, if you’ve invested in an online presence to generate more business, it stands to reason that you’ll want to drive the buying traffic through it’s door. Otherwise, it’s like investing in a brand new mobile phone and never giving the number out to any of your business network or your best prospects.
To find out what we can do for your business, you guessed it, drop us an email.