How much are you making from email marketing?

[sallysaleh]

Hi all, I wonder if email marketing still work. and if the social media like facebook has replaced it.

For example if I have an optin list of 5000 people to my business and marketing list. and I sell a product of $30.
How many sale I may expect to get from one email send.

Thanks indeed

 

[entrepreneurjay]

It all depends on the quality of your subscribers.

Ask yourself these questions

Did you build a relationship of some sort with your list?

Do you offer value to your list?

How good are the products that you are promoting to your list? Did you buy it? Because you do not want to be promoting junk.

Are your subscribers buyers or freebie seekers?

Buyers obviously will make you a much better R.O.I.

With that being said the industry average is $1.00 per subscriber for the lifetime of that subscriber.


P.S. Email marketing is still king

 

[Alby]

Alby

Sound advice. It all boils down to quality and targeting. If your subscribers are genuinely interested in what you offer, your conversion rate will be much higher than if they are general freebie seekers.

 

[crystalallen]

The message you are sending to your customer it should be relevant and relatable. Tell them about your discounts and offers. And the most important thing is the Time appreciating solutions

 

[Danlucy]

Danlucy

This could be exact, send to your customers what they need, is best way to have more conversions and the most important part.

 

[thesmartynetwork]

I agree, It all depends on the quality of your list.

Most of the list of marketers are freebie seekers.

And you won't get a good conversion rate from such list.

However, if you have built a relationship and provided value to your list.

Many will follow you and most probably buy from you.

And yes industry standard is average $1 per subscriber.

 

[popwin1]

Keep in mind the next thing : emails are sales.

But it's your job to turn them into sales.
If your product is good, and your email has a good explanation + a % for the next 48h you can get even 5% CR in sales. Even more,it depends on your product,your price,the need for the product and your marketing strategy.

 

[mindwave1]

This may surprise all of you guys! Do you know that you may have an optin list of 5000 people and at the same time not making money from them? If you did not develop relationship with these people, you might not make any money from them. The money is not in the list. The money is in the relationship you develop with your list. Period!

 

[mmninja]

I don't think you can expect a formula for what you're asking. There are too many variables, too many different issues involved.

What's the product?
What's the time of year?
What kind of users are on your list? Are they just looking or are they ready to buy?

 

[Hometutor]

You might also consider Twitter as an alternative to an email list or at least a supplement.

It was made for mobile use
SMS text notification can be setup
A short message to the rest of the article on your website drives more traffic to your website
Using free web services automatic content can be placed from your blog or forum to twitter which then feed your list which then promotes your list since it's public

Rick

 

[Emilygrey]

Relevance is all what everyone wants in his/her inbox. Email Marketing must be done accordingly.

 

[fjk23]

I have tried email marketing soooo many times and the truth is for me anyway is that it has become so saturated and filled with spam that there is a small chance that you will actually make some decent bucks off of it, unless your list is targeted and you are offering value to your subscribers.

 

[Hometutor]

Hometutor

Try Twitter,

it's mobile friendly
Texting for tweets can be setup by clients
It's public so the tweet itself can get you more followers

Rick

Edit sorry I didn't realize this was the same thread I had already suggested Twitter in

 

[mikeyman120]

I actually got started with list building way too late as I thought figuring out how to set up an autoresponder was very difficult but it wasn't. So I have pretty small lists even now. But I still make $20-$80 per month per list. I have also purged a bunch of my lists after a while if people don't convert over to buyers. I know that isn't much but I am getting into email marketing much more now and it is of course very important to build your own list and market to them in the Internet Marketing game.