Page 45 - Email Marketing Success
P. 45

EMAIL MARKETING SUCCESS



               email providers to institute penalties when you try to deliver future

               emails.




               Return on Investment



               Your return on investment (ROI), is the financial ratio that is used

               to measure the return of an entrepreneurial strategy. This

               measurement compares the profit to the invested capital. When

               used in email marketing, the term refers to the ratio of the costs

               required for an email marketing measure to the revenue

               generated by it.




               Defining Your Goals




               Before you send out your first emails and start analyzing the

               results, you need to determine the goals of your email marketing

               and what you are going to measure. You can set goals like

               gaining new customers, increasing revenue, or raising brand

               awareness, or it can be a combination of goals. In order for you to

               define concrete goals, you are also going to need to establish the

               appropriate KPIs.




               Measurements like click rate, conversion rate, and email list

               growth rate should always be on your list of metrics to analyze.

               However, you also need to specify and track the correct KPIs

               depending on the goals you want to accomplish. For example, if

               your goal is to gain more subscribers, then you need to focus on





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