Email marketing has been a popular choice for years now, known as an inexpensive option to directly reach consumers. Emails consistently have the highest ROI of all marketing channels. But are they still working? And are they more fit for B2C companies?
The answers are, “Yes, they are still working, and they are just as fit for B2B companies!” In fact, B2B companies have a higher Open Rate and CTR than B2C companies when it comes to email. Let’s take a look at a few reasons your B2B company should employ a robust email marketing campaign.
For one, emails can help establish your business as a forward-thinking thought leader in your industry. Presenting new, helpful information to decision makers will keep you at the top of their mind when they encounter a business pain that needs a solution you already provide.
Second of all, emails have a higher rate of engagement than social media. This could be because people who sign up for your email list are already more engaged in your company than those that click “like” on social media, or it could be because people are in the mindset for reading more and deeper connections when they sit down with their email than when they casually scroll through social media channels. Regardless, emails has proved in multiple studies to be more effective than social media. Not to mention, many of your client and contacts may not be connected to you on social media!
Lastly, emails are a great way to stay in contact with clients and interested parties with long buying cycles. You are well aware that B2B sales are relationship based. Nurture and grow that relationship by providing interesting and relevant information for them in between sales calls.
So now that we’ve covered why B2B companies should send emails, what should be in them?
Email marketing is a great tool for both B2C and B2B businesses, but those emails are very different in terms of content.
A B2C email typically has a call to make a purchase, but B2B emails are best when they present new information. B2B emails should focus on being educational and informative, encouraging recipients to “Learn More” rather than “Buy More!”
This is a great opportunity for B2B companies to reach decision makers and educate them about problems they may not know about and introduce them to the solutions you provide. Rather than list your products, show them an in-depth case study so they can see how your company can affect change and solve their business pain. It’s also the perfect place to announce new products or services you offer, trade shows you will be attending, and other developments that are relevant to your clients and show that your company is constantly growing and developing.
Even when content is rich, detailed, and informative, don’t bog down the email by making it too lengthy. Post your case study, whitepaper, or product announcement on your website. The email should contain enough information for your recipient to determine if it’s information they want to learn more about, and then provide a link for them to do just that – on the company website, of course.
As with all email marketing campaigns, only send an email when you have something interesting to tell you recipients! For many B2B companies, an email a month is frequent enough. As always, monitoring your results can guide the decision making process for adjusting any marketing campaign to achieve best results.
We would also recommend you make sure that you use an Email Encryption service. It is important to send out quality information in your emails, but you want to be sure that your are only sending out the information you are aware of and not leaking private company information with emails that aren’t encrypted. Make sure you find a service that offers your the right protection and email encryption service for your business before you choose one.
While there are some differences in B2C and B2B campaigns, there are similarities as well.
Segmenting your audience to get the most pertinent information to your recipients realizes the best results, particularly for larger companies with several focuses. Otherwise, companies run the risk of recipients getting into the mindset that emails from you are not always relevant or helpful.
As always, only use email addresses that people have willingly given and opted-in to receive correspondence and give a clear opt-out option in emails. If your company is getting ready to add email marketing to your marketing mix, ensure recipients are told in their first email what your emails will be used for and how frequently they can expect communication.
Companies that take the time to develop great emails will reap the rewards in better client relationships and a great ROI. If you aren’t currently investing in email marketing, it’s never to late too begin and see how your business benefits.