Is Email Marketing Dead?

Let’s start with the facts. Right now, according to a report by The Radicati Group, 269 billion emails are being sent daily. This figure is set to grow by 4% over the next four years, with the number of worldwide email users in 2017 now topping 3.7 billion.

So email itself is still flourishing, but what about email marketing?

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Here is LeadDigital’s top 5 for what your hospitality brand can achieve with effective email marketing.

1. Inform & Engage

There are few better ways to connect with people interested in your hotel, restaurant, bar or events venue than by email. Your list of email contacts will include people who’ve stayed in your hotel, attended an event or shown an interest in your hospitality business. These are people who want to hear from you and have given permission to be contacted.

Although our inboxes are inundated, people don’t dislike all email – just the messages they don’t want to receive!

Strategy-led email marketing provides a direct opportunity to engage with people interested in your brand. LeadDigital can work with you to define your strategy and tailor your approach for different types of customers. This could be new subscribers just starting to explore your services or long-term customers.

2. Increase Retention

Your venue has run a large event, sold thousands of tickets and collected email addresses from everyone who attended. How do you then make sure those event goers buy from you again? Email marketing.

An experienced email marketer can craft content that directly reaches out to your customers, and builds a desire to recreate or relive a moment in time. This could be a hotel re-engaging with a couple who’ve celebrated a special occasion with a return visit offer. Or, perhaps a restaurant, inviting someone who’s booked a table four times in the past year, a discount on their fifth visit.

This is known as drip marketing. LeadDigital are MailChimp Experts, and can use the MailChimp platform to automate a wide collection of email messages, which saves you time and money.

Read more about MailChimp automation.

3. Affordable Marketing

Many hospitality businesses get drawn towards social media, print, tv & radio marketing and whilst these do offer their own benefits, none are as cost effective as email marketing. For example, an article on McKinsey.com suggests, email is considered nearly 40 times more effective at acquiring customers than Facebook & Twitter combined! – with average order values 17 percent higher!

This is down to two things – reach and engagement.

Say your restaurant or venue has 10,000 email subscribers and a sent email reaches 7,900 of those subscribers (79% according to a report by returnpath.com). As per benchmarks set by email marketing software brand MailChimp, 1714 people (21.7%) of those subscribers who received this email would likely open it, and 23 people (1.33%) would click a link.

On the other hand, Facebook posts reach only 1-6% of fans; so out of 10,000 fans, only 300 (3%) see a posted message, and then only 2 (0.07%) would actually engage with it (like or comment). Email offers both greater opportunities to reach people, and is more likely to engage with relevant customers.

More people, more relevance, more return on investment.

 

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4. Future Proof

Email is proving itself to be one of the pillars of digital communication. While people are moving away from desktop computers and onto mobile devices, email remains a key communication tool. With 44.9 million mobile users in the UK alone in 2017, being able to engage with mobile users is more important than ever!

Using an email marketing online software platform like MailChimp, your hospitality brand can create emails that not only look good, but successfully work across all devices. This can be tested carefully before even a single email is sent, never damaging your relationship with subscribers.

MailChimp Experts like LeadDigital, can develop specific email marketing strategies for mobile, taking into account how people interact differently on mobile devices.

5. Easily Sharable

With just the simple click of the forward button, subscribers to your hospitality brand can quickly share your emails with friends and family. This makes email marketing one of the best ways to gain more exposure for restaurants, hotels, bars, venues; turning your subscribers into brand advocates. Not only is sharing easy, it’s also a great way for your hospitality brand to build credibility. You’re much more likely to book a hotel room recommended by your best friend.

Conclusion

Is email marketing dead? Not at all, but the way businesses approach email marketing does have to change. Hospitality brands need to value and carefully manage how subscribers are obtained; and then develop tailored email marketing strategies.

At LeadDigital, we work with hotels, bars, restaurants and venues to refine their customer sign-up processes and create long-term email marketing plans that are based on their goals, using our expert knowledge of MailChimp.

 

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