Email is one of the fastest ways to accelerate the growth of your retail business. You can use it to showcase your products, boost sales and build connections with new and existing customers. All of this pays off over time.
As a retail marketer, you need to connect and engage with your customers as much as possible. And with increased access to data, it’s crucial for retailers to up their email marketing game.
When you have a new product that you are selling, you want to keep your customers up to date with timely messages about them to help drive revenue. You also need to send shipping details, confirmation emails, payment details, etc.
Strategic email marketing for retail services can improve customer retention, grow buyer trust, increase conversion rates, etc. You can also showcase your products– reaching customers wherever they are.
If you are wondering if email marketing for retailers can be successful, then the answer is YES.
Pearl Lemon Leads is a leading email marketing agency that can help you grow your business by establishing a well-rounded email marketing strategy.
Contact Us to find out more.
Retail businesses sell physical products. While most other businesses and companies use stock photos for their email efforts, retailers get to showcase the actual images of the products they are selling.
Email marketing has been around for quite some time, and it still delivers impressive results. For every $1 spent on email marketing, you get a $44 ROI.
What email marketing can do for your business goes beyond just getting your messages into your prospect’s inboxes. It’s an opportunity any business shouldn’t be missing out on.
Several other studies show that email marketing is an effective marketing channel. As technology advances, email is propelled ahead of other communication channels. Also, in email automation, AI( Artificial Intelligence) has changed how customers receive and engage with emails.
Email marketing has many benefits. When used correctly, it can boost general sales, generate new customers and help retain them.
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You can use financial services email marketing to inform your prospects and customers about all the other services you can deliver. For starters, email marketing is very affordable, even for small businesses.
Email marketing is a scalable and effective communication tool that is still widely used by most consumers.
You can send targeted and personalized messages. It can also boost the effectiveness of your direct marketing campaigns.
Here’s what you have to gain when you set up an email marketing strategy for your retail business:
As a retail business, you need a diverse marketing strategy that cuts across various channels, but email needs to be at the front. Email is directly tied to your customer acquisition, general purchase behaviour and conversion rates.
While social media is suitable for retail businesses, it can be difficult to target customers directly. In most cases, you make a post hoping for engagement. On the other hand, email gives you direct access to prospects and customers. You are sure that every email address on your list will get the target message once sent.
As a financial institution, you must maintain consistent communication for business continuity and survival. Consistent communications can:
This aspect shouldn’t be neglected. It’s a chance for your institution to keep the clients informed about your services. Additionally, this strategy will increase your customer’s lifetime value.
It has been proven that consumers trust more long-form content than concise messages. While most social media channels still have limits, email allows one to send long messages. This gives you an opportunity as a retailer to send more in-depth and authentic content to give people a chance to get to know you better.
Personalization in email marketing involves targeting email campaigns to specific subscribers by using the data and information you have about them. Further studies show that 74% of marketers say targeted personalization increases customer engagement, and they see an average increase of 20% in sales when using personalized experiences.
Email is an owned marketing channel– meaning that you have control over all your content and distribution. There’s nothing that can alter the algorithms and ruin your strategy. It’s also easy to see and monitor the success of your email marketing strategy.
We understand that managing your business needs can be exhaustive; email marketing shouldn’t be another thing on your plate.
Our team at Pearl Lemon Leads can take that burden off your back.
We can send emails to your clients on your behalf and target prospects.
The best part about this is that it’s pretty simple. Just tell us what type of relationship you want to establish with your clients. Email marketing can change the whole relationship between your clients and your business. By increasing engagement with your customers, you will encourage them to convert and ultimately purchase from your business.
Take the boring out of your retail services with our targeted messaging. Our experts at Pearl Lemon Leads will create a tailored strategy to put your services ahead in the highly competitive industry.
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Transparency is one of our core values – we’ll show you EXACTLY how we’ve helped our previous clients to achieve their digital growth goals!
Email marketing remains one of the most effective ways a business can reach its audience directly. Come to think about it; it’s not like social media or other sites. You are not posting, hoping that your prospects see or view it. With email marketing, you are sending something to individual inboxes where they will definitely see it. They may not immediately open it, but they will see the personalized subject line and company’s name each time the notification pops up. In a way, you are communicating directly with your audience.
Don’t get it wrong. Social media is a great marketing strategy, but you should not put it ahead of your email marketing. Did you know that email has over 2.9 billion user accounts? That’s nearly three times as many user accounts as Facebook and Twitter combined. Furthermore, Facebook and Twitter combined make up 0.2% of the emails sent daily. This is a huge difference. If you have users and prospects opted in your email list, you can be sure that everyone on that list will receive the intended message.
This is tempting, but you have to do everything to resist this temptation. The best way to grow your email subscriber list that is beneficial to your company is to grow it organically. Besides the email addresses on those lists not being highly qualified leads, many email service providers will not allow you to use purchased lists. You need people who are sincerely and genuinely interested in your products and services. That’s why it’s best to do it organically.
Do it as often as you can– but without getting annoying. Otherwise, people will mark or report your email as spam. The balance depends from business to business. For some, once a month is okay. For others, twice a week. For many, as long as essential information needs to be shared. You can experiment and test your audience to see what they respond to best.
There are various ways to go about this. But you can start by: