When it comes to online conversion rates, email still dominates. Email is the vampire of the online marketing world – old-school, eerily seductive, and packs one hell of a bite.
The recent numbers from the DMA show email’s conversion rate is still the highest, bringing in $40.56 for every dollar spent on it this year. Although this is down on previous years, it’s still miles ahead of the next highest converter – search-based marketing, at $22.24 per dollar spent.
Email marketing is a powerful thing. When customers give you their email addresses, they’re giving you permission to send your message into their home. Emailing a customer is a bit like walking into their home and glueing your business card onto their cat’s forehead.
NB: I don’t advocate glueing business cards to felines as a viable marketing tactic.
But you can’t just go emailing people willy nilly – you have to get their permission first, much like a vampire can’t enter a home without permission. Vampires are gentlemen – they only go where they’re wanted. Your business is like a vampire …