EVENT RECAP – INBOX INSANITY: THE FUTURE OF EMAIL MARKETING
Sunday, February 22nd, 2009Chances are you have a number of different inboxes, all competing for your attention. Professional and personal e-mail accounts. Voicemail and instant messaging at the office, your mobile device and at home. And now there’s all the social media inboxes – Facebook, LinkedIn, Twitter, Yammer, YouTube, Flickr – the list goes on and on.
Talk about your inbox insanity.
While many internet marketing professionals thrive on exploring ways to use these tools to generate and share content, we are a clear minority. Indeed, a vast majority of our customers and prospective customers are finding the proliferation of inboxes overwhelming. And as a result, 1:1 social media networks are beginning to fragment in the same way traditional media did before.
These are all insights Jeffrey Rohrs, Vice President of Marketing for ExactTarget, shared with about 150 MIMA members and guests at our February workshop. Speaking to us on a snowy morning at the Depot in downtown Minneapolis he also shared these observations on the current state of email marketing, some tips for successful practice and a vision for the future.
Observation one – Marketers are not in control. Consumers now scan and delete messages that do not appear relevant to them to manage their busy inboxes. Plus, they appreciate the greater control over the source of messaging they receive offered by social media inboxes. So email marketing messages must become more personal and less promotional to be opened, read and acted upon.
Observation two – Marketing communications increasingly exist by invitation. This is especially true for Millennials.
Observation three – Invitations are easily revoked. Remember the recent Burger King “angry Whopper®” offer for a free burger to anyone who got rid of ten Facebook friends? Demand was so high, they had to shut down the application.
Observations one, two and three demonstrate that permission and relevance matter. Fail to heed this simple rule and risk being deleted from the inbox or dropped by the consumer.
Tips for implementing a successful email marketing program
• Create conversations, deliver meaningful offers and don’t push for the sale
• Give consumers the information THEY want and the respect THEY deserve
• Don’t “pollute” the inbox with irrelevant communications
• Position your communications as customer service opportunities
• Create “subscribers” who opt-in and look forward to your communications
Based on these observations and tips, Rohrs said to be effective email marketing programs must be built on smart use of market data. Shockingly, he cited research from the CMO Council 2008 that reveals that few of us are prepared to succeed.
• Only 6% of CMOs surveyed said they have excellent knowledge of their customers.
• More than 50% of CMOs surveyed said they had little or no knowledge of their customers’ demographic, behavioral, psychographic or transactional data.
Clearly, these numbers need to change. Rohrs suggests marketers strive to transform from thinking like siloed businesses to thinking like publishers. Based on this concept, he and his firm, ExactTarget, believe that the future of email marketing will belong to those who take an agnostic approach where subscribers rule.
Key take aways
• Serve individuals
• Honor their unique preferences regarding communication, content, frequency and channel
• Deliver timely, relevant content that improves their lives (always send value)
