Using Email Marketing To Save Money
With today’s tough economic conditions, many small businesses are looking for ways to save money or at least make their money go a little further. When it’s time to trim costs, marketing budgets are often the first to get cut, especially if they contain expensive items like glossy printed pieces, a one-time radio ad, or pricey direct mail campaigns. To make your marketing dollars stretch further, you need to use high-impact, low-cost marketing strategies that get the word out about your business yet don’t break the bank. One low-cost strategy you can implement is an email marketing program to help you communicate with customers, target the right prospects, and market your business effectively without spending a lot of money.
In 2008, the Direct Marketing Association reported that the return on investment (ROI) for email marketing was more than $45 for every dollar spent on it. That’s amazing! Email marketing is also incredibly effective, since nearly 87% of adult internet users open the opt-in emails they receive from businesses (according to MarketingSherpa). With numbers like these, it’s easy to see how email marketing can help small businesses save money on marketing while reaching their target audience at the same time.
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