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Subscribe to this list via RSS Blog posts tagged in list building

How do your sales and marketing teams define the sales funnel? If their views aren’t compatible and streamlined, you likely have a problem. Don’t fret though. Your team is just a few important steps away from maximizing their sales opportunities.

Develop the Most Qualified Lead

There seems to be a traditional rift between marketing and sales personnel when it comes to defining the sales funnel. It could be attributed to the number of steps required to qualify a lead or it may be due to the economic friction “generated by the need to divide the total budget.”

Ultimately, one of the biggest roadblocks to alignment is the different view each team has of the sales funnel. Therefore, it is up to the two camps to agree on what defines the most qualified lead.

There are generally four types of leads based on the level to which a customer is a good fit and interested:

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Any savvy businessperson knows that email has become an essential method of delivering marketing messages. Permission marketing, however, is a specific type of marketing aimed at communicating with customers who have already indicated an interest in your product by opting in via your website, Facebook page, or another vehicle.

Even though you may have “permission” to send marketing messages, there are some specific steps you should take to make your marketing strategy as productive as possible.

Pinpoint “WIIFM”

One of the first things that your customers will want to know is ‘what’s in it for me?’

Nearly 15 years ago, internet marketing pioneer Seth Godin said in Fast Company , "Consumers will grant a company permission to communicate only if they know what's in it for them.” So essentially it all comes down to rewarding consumers for paying attention to your message. Whether you offer industry tips, links to helpful information, discounts on products or services, or something else, consumers are all about getting something for letting you develop a relationship with them.

Build Your Target List

Building relationships with customers requires you to both hone in on who will bring you the most profit, as well as define those who are most likely to influence other customers. You want and NEED these people on your permission marketing target list.

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Email marketing is a primary factor in generating leads and initiating a call to action. But how can you make your campaign the best it can be?

Start with a Solid Email-Marketing List

A well cultivated and relevant list is the most valuable tool any email marketer can have. This means a list that has been carefully compiled, consisting of contacts of a true opted-in nature (not one that has been purchased) and genuinely want to hear from you. It is also important to keep your list up to date. Proper list cleansing and maintenance will ensure the best deliverability possible.

According to the September 2012 Business2Business post, “Get to Know Your Email Marketing List a Little Better,” the size of your marketing list is not nearly as important as the quality.

If you don’t take time to get to know the people in your list, you stand the risk of sending irrelevant, untimely, and potentially boring emails to the majority of your subscribers. This will result in poor engagement—sometimes referred to as email fatigue—and will lead to declining open rates and click-throughs, and ultimately poor sales.

Give Your Message the Creativity it Deserves

In order to produce a truly creative and targeted email, marketers must take into account several key components. The message’s subject line, body content and graphics all come into play.

The subject line should be engaging and include a strong call to action. After all, the first thing viewers will want to know is “what’s in it for me”. The first impression is invaluable. Marketers should make sure to tell subscribers what they want up front, what they will get in return, and then reinforce it several times throughout the email. By grabbing the subscriber’s attention from the start and layering their call to action several times, marketers will increase the strength of the first impression.

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Asked by Lorrain, 'I’m not allowed to tell you' agency

Answer by Sara Steinnagel, Community Manager.
Based on this question, it sounds as if your agency is simply not educated about the overall value email marketing provides. Email should be the backbone of an integrated on or offline campaign helping to build and reinforce customer relationships. What happens when the campaign is over? Do customer relationships fizzle? Why bother collecting all that permissioned data and not use it? Doesn't your agency view this as a wasted opportunity? Aren’t your clients’ customers expecting to hear from them?

According to the Direct Marketing Association’s 2011 Power of Direct report, email is bringing in $40.56 for every dollar spent on it in 2011, compared to catalogs' ROI of $7.30, search's return of $22.24, Internet display advertising's return of $19.72 and mobile's return of $10.51. Email is the most cost effective digital marketing medium there is. Granted, building a quality email program tends to be more complex than for other digital mediums, however the payoff can easily be substantiated. Convincing your account management team about the value of email marketing is a function of education. Like all educational processes, it will be slow and mastery will take time. Eventually your account team will need to garner enough confidence to pitch the client accordingly. If your account team seems reluctant to educate themselves about email marketing, just let them know that eventually their customers will find out and take their business elsewhere. More importantly, it sounds as if your agency needs an inside champion for email. Are you up for the job?

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Google places optin form directly in search ad, eliminating the need to visit advertisers’ site.
From an email marketing perspective, list growth has and always will be a top goal. We have covered numerous list growth tactics here in Trends and Takeaways, the good and the bad. Even still, it’s always exciting when something cutting edge like this surfaces. Not only is this concept extremely efficient, combining an advertisers preexisting Google ad with an optin form, it also simplifies the process for the subscriber. Users no longer have to worry about leaving their current page and visiting an advertiser’s landing page. As long as they’re logged into Gmail, the form will auto populate their basic information and with just one click, they’re signed up. It looks like quality and efficient list building practices are finally coming into the mainstream and it’s promising to see a big name like Google facilitating it.

Takeaway: It’s still early, but keep an eye out for this game changer.
Normally we stick to proven and executable trends here, but we just couldn’t help ourselves with this one. Obviously it is in its testing phases and there is little hard data to analyze, but judging by the big names who have jumped in to test, I think this format is here to stay. This trend, when and if it takes off, will inevitably change the way we look at search marketing. Where cost per click, cost per impression etc left marketers confused when calculating their ROI in the past, cost per acquisition will be the tangible game changer. Marketers will be able to quantify their results and see exactly what it costs to build their lists.

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