Tag Archive for 'e-mail marketing'

Cheap, Versatile, and High ROI: E-Mail Marketing


Continuing our series of posts about real estate and homebuilder online advertising and marketing fundamentals, this week we’ll discuss the basics of e-mail marketing.

You may have heard some rumors about the eventual demise of e-mail, with whispers of Facebook and Google wave-type platforms as the likely successors. The facts, however, show that e-mail is alive and well, and only continuing to grow in popularity and omnipresence.

247 billion emails were sent each day in 2009, and there were approximately 1.4 billion global email users in 2009, according to market research firm The Radicati Group. Even Google’s popular Gmail web-based e-mail served approximately 176 million users all by itself in the month of December 2009 according to the Wall Street Journal. In fact, according to mail2web.com, there were 100 million more e-mail users in the world in 2009 than there were in 2008.

So the number of e-mail users within the United States and around the world is massive and getting even bigger. But best of all, according to the Email Experience Council, e-mail marketing produces an ROI of 40-50% greater than all other direct marketing media or methods. Just like your online advertising, e-mail is trackable and analytics are available for your usage and response that can help you refine and finely tune your messages and approaches to ensure the most response.

And as to the idea that social media is taking away market share and eyes from e-mail, the fact is that many employers are now simply blocking social media sites such as Facebook and Twitter to maintain productivity, leaving e-mail as your primary communications conduit and best option for creating trackable results.

So you should feel very comfortable making e-mail a major component of your new home and real estate marketing—it’s cheap, quick, versatile, and, when executed properly and ethically, produces astounding returns that you can monitor, track, and use to guide your refinement on the path to e-mail marketing success.

Next time, we’ll discuss Website & Online Advertising Analytics and its role in getting the most for your money in your online advertising and marketing.

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GUEST BLOG: Why Do We Need Email Marketing if We Have Social Media?


The following is a guest blog from our friend and colleague Mike Lyon over at DoYouConvert:

Many of you are squeezing social media so hard that you have forgotten about the old-fashioned email marketing campaign. Are you thinking, with all of these status updates, tweets, article postings, video sharing, and more—we just don’t need the email campaigns like we used to?

Lately, I have received an increase in requests to speak to homebuilders about using social media to generate new home sales. It’s the topic du jour. In my presentations, I always start with this thought:

Even though we are here to talk about social media and how you can leverage that network, the bottom line is, homebuyers are not going out to search for a home on Facebook. You must have a solid foundation and a bulletproof online sales program, before you invest all of your time and effort building a social media campaign.

One of the key Internet marketing tools in your Online Sales Program is your email marketing. If you aren’t sending out monthly campaigns to potential customers, realtors, and past customers, you are missing valuable opportunities.

But Mike, we have 1,000 followers on Twitter and 400 Facebook fans. They all see our stuff, is the response I get. But does your post stick around? No, which is why email campaigns are so great.

Let’s look at some of the benefits of this traditional form of marketing (funny that email campaigns are now considered traditional).

Email campaigns are targeted. Unlike a tweet, you can guarantee that email recipients almost always see the subject line. Your challenge is to make that subject line engaging enough for the recipient to want to open it.

Email campaigns are more permanent. When the email is in someone’s inbox, they have to delete it to get rid of it. A Facebook status update or an article will disappear on its own. So, in this case, an email lives until the recipient takes action.

Email campaigns have more real estate. Emails offer more space to talk about your message link to other information, and add enticing images, which is much more powerful than the 140 characters allowed by Twitter. You can track effectiveness with email campaigns. Tracking an email’s effectiveness is easier and less time-consuming than tracking the ROI of social media.

You can take action with email campaigns. With a targeted email message, you can actually see who opens and clicks through to the specific link. When you drill down into that data, you can then pick up the phone, call the prospect or realtor and talk about the subject immediately. Very powerful stuff!

If you really want to go old school, look at direct mail. When done correctly, it can still be very effective. Like a diverse portfolio, you must always keep your marketing program well rounded. Just because there is a great new technology or a new advertising medium, it doesn’t mean the old method is useless. You always have to look at the return on time and investment to determine its value for you or your company. What old school methods still work for you?

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The Right Mix for the Highest Digital ROI


Over at Marketing Sherpa they’ve asked consumer marketers to rank the ROI of various online marketing tactics and published the rankings for Q4 2008. The results? It appears that email, SEO, and paid search continue to enjoy the best ROI. And, it seems no surprise that display advertising is taking the back seat now. Click here to read the whole article.

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