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Using Email Marketing to Convert More Leads into Sales Presented at: Norvax University Conference July 30-31, 2009 Orlando, FL By Rey Villar
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Page 1: Using Email Marketing to Convert More Leads into Sales

Using Email Marketing to Convert More Leads into SalesPresented at: Norvax University ConferenceJuly 30-31, 2009Orlando, FLBy Rey Villar

Page 2: Using Email Marketing to Convert More Leads into Sales

Using Email Marketing to Convert More Leads

Why email marketing?

Reynaldo Villar | LinkedIn: #reynaldovillar | Twitter: @reyvillar | Orlando, FL, 2009

Lower lead generation and conversion costs Valuable revenue-generating asset Better tracking capabilities Higher return on investment (ROI) More submitted apps!

Page 3: Using Email Marketing to Convert More Leads into Sales

Using Email Marketing to Convert More Leads

Your email marketing checklist

Reynaldo Villar | LinkedIn: #reynaldovillar | Twitter: @reyvillar | Orlando, FL, 2009

1. Know the law!!!

2. Select an ESP - email service provider

3. Plan a long-term campaign

4. Build your mailing list

5. Launch tips for higher open, CTR and conversion rates!

Page 4: Using Email Marketing to Convert More Leads into Sales

Using Email Marketing to Convert More Leads

Why email marketing?

Reynaldo Villar | LinkedIn: #reynaldovillar | Twitter: @reyvillar | Orlando, FL, 2009

Page 5: Using Email Marketing to Convert More Leads into Sales

Using Email Marketing to Convert More Leads

Why email marketing?

Reynaldo Villar | LinkedIn: #reynaldovillar | Twitter: @reyvillar | Orlando, FL, 2009

For every dollar spent on email marketing in 2007, marketers can expect an estimated $48.29 ROI. (Direct Marketing Association, 2007)

66% of those surveyed said they had made a purchase because of a marketing message received through email. (ExactTarget “2008 Channel Preference Survey,” 2008)

Email produced the highest response rates (4.09%) for those companies whose primary objective was to generate leads. (Direct Marketing Association, “Response Rate Trends Report,” 2007)

Page 6: Using Email Marketing to Convert More Leads into Sales

Using Email Marketing to Convert More Leads

Know the law!

Reynaldo Villar | LinkedIn: #reynaldovillar | Twitter: @reyvillar | Orlando, FL, 2009

Understanding the CAN-SPAM Act is crucial for your long-term marketing success: Not knowing and following the rules can

cost you money. Not knowing and following the rules

could go into your permanent record! Understanding the CAN-SPAM Act will

increase your delivery, open, click-through and conversion rates…as well as your sales.

Page 7: Using Email Marketing to Convert More Leads into Sales

Using Email Marketing to Convert More Leads

Embrace the law

Reynaldo Villar | LinkedIn: #reynaldovillar | Twitter: @reyvillar | Orlando, FL, 2009

Each commercial email MUST contain:

Your valid physical mailing address An advertisement disclosure (unless double opt-in) Correct and legitimate header information An easy and no-cost “Opt-Out” mechanism

Page 8: Using Email Marketing to Convert More Leads into Sales

Using Email Marketing to Convert More Leads

Follow the law

Reynaldo Villar | LinkedIn: #reynaldovillar | Twitter: @reyvillar | Orlando, FL, 2009

NEVER do any of the following: Sell or share email addresses that have opted out. Build your list through scraping or illegal harvesting. Intentionally delay or hinder opt-outs. Use deceptive or misleading subject lines. Use deceptive or misleading “From” or “To”

information.

Page 9: Using Email Marketing to Convert More Leads into Sales

Using Email Marketing to Convert More Leads

Use an ESP

Reynaldo Villar | LinkedIn: #reynaldovillar | Twitter: @reyvillar | Orlando, FL, 2009

Automatically checks “spam factor” and enforces CAN-SPAM requirements.

Makes it easy to create and send emails to thousands of prospects and leads.

Cost: free trial; then affordable monthly rates. Recommended for beginners:

www.iContact.com www.mailchimp.com www.ConstantContact.com

Page 10: Using Email Marketing to Convert More Leads into Sales

Using Email Marketing to Convert More Leads

Plan a long-term campaign

Reynaldo Villar | LinkedIn: #reynaldovillar | Twitter: @reyvillar | Orlando, FL, 2009

1. Segment your list

2. Create a 12-month calendar using different types

3. Decide on a template design

4. Autoresponder messages

5. Sequentially programmed messages

6. [Advanced] rules-based emails

Page 11: Using Email Marketing to Convert More Leads into Sales

Using Email Marketing to Convert More Leads

Plan for long-term needs

Reynaldo Villar | LinkedIn: #reynaldovillar | Twitter: @reyvillar | Orlando, FL, 2009

Finding or developing quality content Special promotions Up-selling opportunities Collaborate with other businesses Integrate with your website [Bonus] Revive dormant leads!

Page 12: Using Email Marketing to Convert More Leads into Sales

Using Email Marketing to Convert More Leads

Build your mailing list

Reynaldo Villar | LinkedIn: #reynaldovillar | Twitter: @reyvillar | Orlando, FL, 2009

Add your 3rd-party Internet leads Website subscription widget Newsletters and eBooks Contests and referrals Never buy email lists!

Page 13: Using Email Marketing to Convert More Leads into Sales

Using Email Marketing to Convert More Leads

Growing your list

Reynaldo Villar | LinkedIn: #reynaldovillar | Twitter: @reyvillar | Orlando, FL, 2009

Content strategy: e-books, tools, etc. Contests Send only relevant emails to segments Give them a reason to stay on your list Triggered emails Ask for referrals and pass-alongs

Page 14: Using Email Marketing to Convert More Leads into Sales

Using Email Marketing to Convert More Leads

List hygiene

Reynaldo Villar | LinkedIn: #reynaldovillar | Twitter: @reyvillar | Orlando, FL, 2009

Clean out duplicates and bad addresses Pay attention to “opt outs” Note: unsubscribes are better than spam complaints Expect turnover of 20% to 30% per year Remove or segment non-prospects

Page 15: Using Email Marketing to Convert More Leads into Sales

Using Email Marketing to Convert More Leads

Elements of an effective email

Reynaldo Villar | LinkedIn: #reynaldovillar | Twitter: @reyvillar | Orlando, FL, 2009

Avoid fluff and generalities Leave readers feeling smarter Always have a “Call to Action” Always include a privacy statement Keep it clean (content and design) People like freebies, but they want relevance

Page 16: Using Email Marketing to Convert More Leads into Sales

Using Email Marketing to Convert More Leads

Subject line tips

Reynaldo Villar | LinkedIn: #reynaldovillar | Twitter: @reyvillar | Orlando, FL, 2009

The first 40 characters are key! Test and keep testing! Up to 60% increase when localizing info and company

name included (Jupiter Research, 2007)

2/3 of "report spam" or "junk" button clicks are due to the subject line (Email Sender and Provider Coalition, 2007)

The best subject lines tell what's inside; the worst subject lines sell what's inside (MailChimp, 2007)

Page 17: Using Email Marketing to Convert More Leads into Sales

Using Email Marketing to Convert More Leads

Your subject line is crucial

Reynaldo Villar | LinkedIn: #reynaldovillar | Twitter: @reyvillar | Orlando, FL, 2009

Page 18: Using Email Marketing to Convert More Leads into Sales

Using Email Marketing to Convert More Leads

When should you send?

Reynaldo Villar | LinkedIn: #reynaldovillar | Twitter: @reyvillar | Orlando, FL, 2009

Weekend deliveries are best, with open rates of up to 38.3%. (eROI Email Statistics, 2006)

Saturday is best for click-throughs (5.4%), followed closely by Thursday. (eROI Email Statistics, 2006)

Consumers overwhelmingly prefer to receive commercial emails on Wednesdays and Fridays. (eROI Email Statistics, 2006)

Page 19: Using Email Marketing to Convert More Leads into Sales

Using Email Marketing to Convert More Leads

Email marketing tips

Reynaldo Villar | LinkedIn: #reynaldovillar | Twitter: @reyvillar | Orlando, FL, 2009

For better response and conversions: Test, Test, Test More emails/week = more opt-outs Use landing pages when possible Simpler alternatives: blogs and autoresponders

Page 20: Using Email Marketing to Convert More Leads into Sales

Using Email Marketing to Convert More Leads

Your email marketing checklist

Reynaldo Villar | LinkedIn: #reynaldovillar | Twitter: @reyvillar | Orlando, FL, 2009

1. Know the law!!!

2. Select an ESP - email service provider

3. Plan a long-term campaign

4. Build your mailing list

5. Create and use effective (relevant) content

Page 21: Using Email Marketing to Convert More Leads into Sales

Using Email Marketing to Convert More Leads into SalesPresented at: Norvax University ConferenceJuly 30-31, 2009Orlando, FLBy Rey Villar