Develop more valuable connections to your prospects with a well-written and optimized newsletter.
Are you looking to ramp up the marketing of your small agency? If so, consider making an email newsletter part of your toolkit. It may be tempting, especially these days, to think that email is no longer effective. Guess again. According to recent data, email marketing has an average ROI of $42 for every dollar spent. 80 percent of professionals say email is an effective tool for customer acquisition and retention.[i] Get started with your newsletter marketing and start building sustainable demand by implementing the following best practices.
Subject Lines are Key
It is hard to overstate the importance of your email’s subject line, as prospects need to open your email before they can read it. The subject line is essentially your best opportunity to sell the reader on your email’s contents, so you need to make it count. Some main points to remember are to keep your subject lines short, convey the email’s main point or thesis, and avoid using characters like excessive exclamation points, which increase the possibility of your email getting stuck in a spam filter.
Emphasize Your Value Proposition
With any marketing strategy, it’s critical to make it primarily about the customer, not your business. The same idea holds true for your newsletter content. People will open and read your newsletter only if they understand there is something in it for them. Think about how you can deliver content that is exclusive, educational and actionable. For instance, your agency could put together a helpful video explaining how consumers can help keep their escrow funds safe from scammers and include it in your newsletter. You could even solicit participation from your audience, asking them to submit their own topics to be covered in a future newsletter.
Optimize for Readability
Having strong content is only one-half of the equation; you also need to ensure that your newsletter is laid out in an aesthetically pleasing way. Keep your sentences and paragraphs short. Use strong, active verbs. Whatever you do, do not neglect including images. Nothing will turn readers off quicker than encountering walls of text within the body of an email. Many email marketing platforms now include free graphics that you can easily insert into your newsletter, and several sites offer stock photography either for free or at a relatively low cost.
Stick to a Schedule
Amidst all the other responsibilities that come with running an agency, making sure that your newsletter goes out at roughly the same time can seem challenging. Yet it is important to prioritize consistency if you are going to maximize your readership. Sending your newsletter at the same time will make it feel more professional, and it will also help you stick out in your recipients’ crowded inboxes.
Toward More Meaningful Customer Relationships
The marketing landscape is growing ever more complicated, with marketers having access to a variety of different channels and technology. But sometimes tried-and-true methods remain the way to go. Despite being decades old, email is still a viable marketing method that belongs in your arsenal. And when executed correctly, an email newsletter can help you build more meaningful and valuable customer relationships.
Recently, a lot of marketers have found themselves playing in a different sandbox than the one that they may have been used to in the past. The old sandbox consisted of a hybrid kind of marketing, one that relied on both digital and physical platforms. As our world continues to shift for the foreseeable future, more and more of that physical marketing becomes irrelevant and marketing teams find themselves competing in a digital landscape.
There are a lot of benefits to shifting focus to digital. While there are still costs involved in online marketing, they’re often less. However, it also means competing with literally everything else on the internet at any given time. What we present to our target audience has to be put forward in an interesting enough manner that their attention can be pulled from the thousands of other options calling for them at any given time. That’s a tall order!
Shifting your marketing behaviors can be a difficult pill to swallow, but remember that it doesn’t all have to happen overnight. It’s also important to remember that this might not be forever. Right now, we’re in a constant state of adapting. Here are some tips for taking the plunge into this new landscape.
Focus on Engagement
We’re not just talking clicks here. Right now, one of the best things you can do for your marketing is to keep yourself accessible. Schedule live chats or seminars, or even create an online forum. These things may not have been considered to be standard marketing in the past, but right now it’s all about getting that attention. Accessibility will go a long way to set you apart from the rest of the pack.
Keep Your E-Blasts Interesting
You know what’s exhausting? Endless mailers. You know what’s even worse? Endless cookie-cutter mailers. Cutting and pasting information into the same email format you’ve sent forever might be the easy route, but it’s not going to get you the engagement you want – especially not right now. Give your audience a reason to click on your newsletter! You can utilize anything from small giveaways to something as simple as a snappier intro. Make your readers feel like you’re making an effort to connect.
Avoid Platitudes and Watch Your Frequency
We’re all getting inundated with marketing from across industries telling us that everything’s going to be okay and that our best interests are being looked out for. You don’t need to be that person. No one wants to hear platitudes all day long. We’re far enough into our current global situation that we’ve all pretty much figured out what we need on an individual basis. Focus on what you’re bringing to the table, and don’t overwhelm your email list with correspondence.
If you find yourself constantly digging for information to include in your marketing or other digital correspondences, lower the frequency of your newsletter. The people you’re reaching will appreciate that a lot more than a halfhearted information aggregate.
Keep on your Toes
As things change, change with them. There’s no sense in wasting your money on ad space or physical marketing that isn’t working for you. The future’s more uncertain than it has been in several generations. While it can be hard to accomplish, do your best to just go with the flow. Keep with the digital marketing while it makes sense, but be prepared to incorporate the physical back into rotation if the marketing landscape calls for it.
Focus on What Works Best You can read all the advice columns out of Forbes you want, but no one knows better than you do about what you and your audience are looking for. Use the advice of the experts as a spring board, and then do your best to make something unique out of your marketing. Not only will this set you apart from the crowd, it will also give your audience more of a reason to engage.
Would you be surprised to know that 99 percent of people check their email every day?
With a statistic like that,
it’s not hard to see why email marketing is a go-to for marketing campaigns.
What’s confusing, though, is that sometimes, email marketing ROI can look a
little bleak.
An unsuccessful email campaign
in a world where opening emails is such a big part of people’s lives can be
confusing, and brings up an important question:
Where is the gap between consumers checking their email
constantly, but not clicking on your brand’s message?
As you consider the value of email marketing, consider this — 73
percent of millennials prefer email communication when receiving marketing
material. Ultimately, the problem may not be the marketing channel,
but the message delivery. So, is email marketing dead? Or, is there
something that can be done to enhance the email marketing experience — for
consumers and marketers?
A marketing strategy makeover
might be necessary for a struggling brand. Email marketing as a marketing tool
isn’t dead. But some email marketing practices are, such as impersonal email
address lines, violating General Data Protection Regulations (GDPR), ignoring
user experience, and not tracking metrics.
If your brand’s email marketing
strategy is currently struggling with bringing in high ROI, it could be that
your strategy hasn’t been improved to reflect how email currently works.
Ultimately, if you’re not
catering to your audiences, or if you’re not using metrics to appropriately
measure and improve your email campaigns, you’re likely missing out on ROI —
not because email marketing is dead, but because your strategy is outdated.
To improve your email marketing
ROI in 2020, here’s what to retire:
1. Impersonal subject lines
Email marketing starts before
readers even open the email. Subject lines can make or break open-rate, a
metric that tracks how many subscribers open your emails.
Personalizing marketing
messages makes readers feel connected to what’s being sold. Generally, making a
subject line personal can be as easy as noting the holiday season or asking a
question to get readers thinking.
Think about what in your email
is the “must-know” takeaway, and create a short subject line that
taps into emotions to get subscribers clicking.
2. Ignoring GDPR standards
GDPR means making sure the reader gives clear, unambiguous
permission to receive marketing emails. Full compliance with GDPR ensures
that sending marketing emails is legal.
GDPR was created so consumers
know their data is protected and being used by brands they have trusted with
personal information. They opt-in to emails they’d like to receive from brands
they’re interested in.
This is good news for marketers
because it means your email campaigns will only be sent to users who are
genuinely interested in your marketing messages. It also ensures your email
marketing messages are compliant with the law.
3. Using templates that aren’t mobile-friendly
The world is mobile now. Many
people check emails from their phone.
Emails that aren’t
mobile-friendly are probably raising your bounce rate exponentially due to poor
user experience. Because it’s so easy to click away from something that’s
unappealing, emails optimized for mobile should be an important step in the
design process.
The Apple iPhone is the most popular method for opening emails.
For some audiences, marketing emails that are stellar for mobile should take
priority over emails for desktop, so the majority of readers don’t get turned
away from desktop-friendly templates.
4. Poor email design
It’s imperative to take time
designing emails that delight readers.
Emails lately have gotten snazzy. From animations to
GIFs, and even embedded full-length videos, businesses are dipping their toes
into exciting email marketing efforts to pull readers in.
Emails that have quick loading
time, bold CTAs (Call to Action), and colorful visuals typically perform best.
An email newsletter with long
paragraphs, the same-old template and a CTA that hasn’t changed in years are
less than exciting, and probably leave readers clicking out of that email.
5. Not strategically using metrics
Tracking metrics helps fill in
the gaps when looking where to improve marketing efforts. They break down the
behavior of email subscribers.
Metrics collect data on how
many people are interacting with emails, when they are, who they are, and for
how long. All of this information is important to know when planning because
they lead to important marketing decisions.
Metrics save time by reporting
on what’s working and what isn’t. To begin tracking metrics, consider what
email software you use. Many have reporting and tracking built into their
tools, as well as information about how that data is collected and interpreted.
Ultimately, the reasons you may not be seeing results, is not
because email marketing is dead — it’s because of how you’re
email marketing. So, before you turn away from email marketing as a whole,
think about ways you can improve your strategy to compete.
Marketing pros live and die by email, and with good reason: Email
marketing provides the highest ROI of any marketing channel, especially when
it’s done correctly.
To maximize your reach and covert your copy into a
convincing narrative, you’ve got to be thoughtful, captivating and
customer-centric.
Follow these effective tips for crafting compelling email
marketing messages that will help grow your business.
Research Your Target Audience
Your audience is the most valuable asset to your business,
and it’s your job to ensure that you develop customer profiles that align with
your business and its values and mission.
That starts with compiling organic email lists based on
everything from demographic data to hobbies and interests.
Verify that every name on the list wants to be included in
your email marketing campaigns. The fastest way to get blacklisted by the major
ISPs is to purchase or rent email lists.
Building the lists from scratch is time-consuming, but the
reward is much higher engagement.
Test Your Email Content
Before you send out a campaign to hundreds, if not thousands
of readers, be sure to test your content first for broken links, image
resolution issues, spelling errors, grammatical mistakes and design layout.
It’s always best to send a few test mails to yourself to
ensure that everything looks correct.
Beware of Spam-Like Content
Always, always keep your content relevant to your audience
and consistent with your brand.
Everyone has spam filters and “junk” email inboxes, and if
your subject headers, for example, are too gimmicky, have too many exclamation
points or contain misspellings, it’s likely that your email campaigns will be
promptly dumped into the trash bin.
Always Include a Call-to-Action
There’s nothing worse than leaving your audienceat a dead end.
One of the most crucial email marketing best practices is to
be abundantly clear and direct with your audience – and that means telling them
exactly what you’d like them to do next.
The point to any marketing message is to get a response.
Provide sign-up links, for example, if you’re promoting a
class, workshop or webinar. If you’re hosting an event, be sure to include an
RSVP link.
And if you’re offering promotional offers, use
action verbs – “reserve,” “act,” “subscribe,” “save,” “start” and “get,” for
instance – to persuade your audience to respond.
Federal and state regulations don’t make it easy for title insurance companies to market and grow their business, but there are strategies to maximize their marketing efforts.
Federal and state regulations don’t make it particularly
easy for title insurance companies to market and grow their business, but
despite the regulatory RESPA obstacles, there are strategies that title
insurance companies can implement to maximize their marketing efforts.
Leverage Your Online Presence
Leveraging your online presence is paramount. By using the
right technology and social media platforms to create insightful, compelling
and informative content, you can generate – and keep – a captive audience.
The keytakeaway is to provide value to your readership, which in turn establishes trust. And trust is key to growing your business.
Additionally, regularly updating your website with a clear
mission, current marketplace trends, blog posts, analysis and data backed by
research shows that you’re an expert in your field.
Authoritative blog posts and engaging social media posts generate
the strongest leads, so it’s crucial to maintain a regimented and consistent
posting schedule.
If you slack, you risk losing the audience – and potential
clients – that you’ve worked so hard to connect with and cultivate.
Remember that homebuyers and sellers are a core element of
your target customers, and they’re more educated than ever before about title
insurance.
Savvy consumers compare title insurance companies, and if
you don’t have a go-to resource stocked with information, services and
products, you’ll miss your opportunity to connect with these people.
Good, Ol’ Fashioned Networking
As well, network at every opportunity, and taut your
services with lenders, real estate professionals and others in your field.
While social media and an informative website are critical,
word-of-mouth recommendations continue to generate leads.
Collecting e-mail addresses legally is also an effective way to market your services to the right demographics.
Deliver a Useful E-Newsletter
An educational enewsletter providing insight about relevant
topics – including escrow, property searches and title insurance protection – is
another proven way to reach your target audience and build a solid customer
base.
Use graphics and photos to illustrate trends and salient
points, and present simplified information that home buyers can easily digest.
These
are just a few ways to effectively market your title insurance company. Amanda
Farrell, who writes for PropLogix, offers several more ideas to jumpstart
your marketing efforts.
