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Mar28
Key Elements for Maximum Email Newsletter ROI - Email Newsletter, Email Marketing Podcast Part 1
NextStage: Predictive Intelligence, Persuasion Engineering, Interactive Analytics and Behavioral Metrics Email newsletters are incredibly goal dependant and email newsletter metrics must match their goals or they're guaranteed to fail. That's the rub; Is the email newsletter intended to contribute to a company's revenue? Are newsletters part of the marketing channel (it's not an obvious yes or no)?

I've written elsewhere about NextStage's research into email newsletters and email marketing. Recently I was interviewed by AllBusiness.com's Chris Bjorklund on the subject and that interview has become two podcasts (see links below).

 

I'll also be posting the individual Q&A from that interview here for those who want a written record. Not everything covered in the interview is documented in print, so the best bet is to listen and take notes along the way.

First up, What are the key elements to think about in your design so that you get maximum ROI?

I think the thing I'd offer first is that, like everything else we've studied, certain rules and formulae emerge if you're willing to put the time and effort into discovering them.

That said, the single most important factor was knowing what type of device your audience would most likely be viewing the newsletter on first. Let me explain that so your listeners understand.

We learned that it's not uncommon for certain demographics to get their emails on mobile devices. Duh, right? But what we learned was that many people who get their emails on mobile devices either technically or mentally mark certain emails for "follow up". Not in the sense of "I have to respond to this" but in the sense of "this is important so I want to devote some time to it when I have time to devote to it".

One of the hallmarks of the mobile, pda, smartphone demographic is a metric we call "organization". This means they value the concept of "organization", of "being organized". It doesn't mean "they are organized" and this is crucial. We did a different and ancillary study that determined if this segment was more organized or less organized than other people and we discovered a micro-segment that actually used their device as a means of active organization. The rest of this segment pretty much all claimed their device's organizational value and when you looked at their time-activity usage you saw that it was just another distraction and lowered their life-efficiency by measurable percentage points.

And this doesn't begin to touch on the people who want to show you something on their iPhone, Smartphone or whatever. Sometimes these people (not all!) remind me of that Stuart character on MadTV that continually says "Look what I can do!"

So, whether these people are actually more or less organized than the rest of us, one of the things the majority seem to do is see something on their smart device and flag it as something they want to explore in a different setting.

This isn't just true with mobile, pda style folks. Is your newsletter about family health issues and you know your demographic is 30-somethings with small children, for example? That email probably isn't being read on a PDA. Also (and here's a trick we learned), if you can time delivery to when you know someone in this (or similar) demographic is sitting at their family computer -- note "family health" and "family computer" -- and can deliver that email newsletter into their inbox when they're sitting at their computer, you've just increased the relevancy of your newsletter to them.

This is a psychological factor that lots of people miss out on and it's not specific to health. We saw it in finance, pet care, lots of places.

Once you get past knowing what device subscribers will be using when they first see your newsletter, you get into things like content, relevancy,

Relevancy is a demographic issue and it's closely tied to distribution frequency and actionability. Distribution frequency is "how often will subscribers get a copy?" and actionability is "when can subscribers do something that benefits them based on the information provided within?"

Send out a daily newsletter without no immediately valuable action items and you can watch your subscription base go down to nothing. Send out a monthly newsletter that requires subscribers to act immediately to recognize value and watch your subscription base go away.

Please contact NextStage for information regarding presentations and trainings on this and other topics.

Links for this post:

Upcoming Trainings: Upcoming Conferences: Come on by and say hello.

Sign up for the NextStage Irregular, our very irregular, definitely frequency-wise and probably topic-wise newsletter.


7 Comments/Trackbacks




» Key Elements for Maximum Email Newsletter ROI - Email Newsletter, Email Marketing Podcast Part 3b from BizMediaScience
Key Elements for Maximum Email Newsletter ROI Part 3b Expectations [Read More]

» Key Elements for Maximum Email Newsletter ROI - Email Newsletter, Email Marketing Podcast Part 3a from BizMediaScience
Key Elements for Maximum Email Newsletter ROI Part 3a More Successful Patterns [Read More]

» Key Elements for Maximum Email Newsletter ROI - Email Newsletter, Email Marketing Podcast Part 3 from BizMediaScience
Key Elements for Maximum Email Newsletter ROI Part Successful Patterns [Read More]

» Key Elements for Maximum Email Newsletter ROI - Email Newsletter, Email Marketing Podcast Part 2 from BizMediaScience
Key Elements for Maximum Email Newsletter ROI Part 2 - A Little About Color [Read More]

» Key Elements for Maximum Email Newsletter ROI - Email Newsletter, Email Marketing Podcast Part 5 from BizMediaScience
Key Elements for Maximum Email Newsletter ROI Part 5 How Many Links [Read More]

» Key Elements for Maximum Email Newsletter ROI - Email Newsletter, Email Marketing Podcast Part 4 from BizMediaScience
Key Elements for Maximum Email Newsletter ROI Part 4 Measuring Response [Read More]

» Key Elements for Maximum Email Newsletter ROI - Email Newsletter, Email Marketing Podcast Part 3c from BizMediaScience
Key Elements for Maximum Email Newsletter ROI Part 3c More on Expectations [Read More]

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