How Retail Companies Can Connect with Customers Through Emails
Whether it is announcing new products, promoting sales, or recommending products, retailers use emails to drive sales. Thanks to email automation, retail businesses can set up campaigns and ensure they are sent at the right moment.
Emails are an essential component of marketing strategies. However, many retail companies do not realize the effectiveness of email campaigns.
Data about emails in the retail industry
Even mobile users have grown significantly, emails are an integral part of people’s daily lives. They use email everyday for work and personal correspondence. One research shows that there were 4 billion email users in 2020. That number is slated to grow to 4.6 billion by 2025. So, there is no way retailers can ignore this massive section of prospective buyers.
Email marketing can be a success when handled the right way. One study shows that for every $1 that retailers spend, it has the potential an ROI of $40. So, when retailers create a budget for email marketing, they will reap rich dividends.
There is no doubt that emails are a powerhouse for retailers looking to generate sales. They need to focus on sending the right emails to drive results for their business.
Emails that Retail Companies Should Send
With a competitive retail landscape, it is essential that retail companies stay connected with their target audience. They need to focus on sending impactful emails that add value to their audience’s inbox. This not only boosts sales but also ensures customer loyalty.
Here
are a few useful emails that retailers should be looking to send out
periodically:
- Welcome Emails:
Once a person subscribes, it is time to set expectations. That way, they
will know what to expect from your brand. Use this opportunity to send
impactful welcome emails to ensure engagement with your brand. You can
send an About Us video, product promotions and offers, and new customer
discounts to get the ball rolling.
- Abandoned
Shopping Cart Emails: If a customer has added products to the shopping
cart but has not purchased them, abandoned shopping cart emails can do
wonders. One study shows that sending three such emails results in 69%
more sales than sending just one email.
- Review Requests:
Retailers need to show social proof that they have happy customers. And,
reviews are the way to build this proof and also understand the customers’
buying experience. By automating review requests, retailers improve their
customer service and retain future sales.
Effective Email Strategies for Retail Companies
When
you are using emails to drive sales and boost website traffic, there are a few
strategies that you can employ.
- Personalize the
Emails: Research shows that recipients are more likely to open emails when
the subject lines are personalized. This ensures you get better results.
You have the option of personalizing the subject line or message body
text.
- Segmentation:
You can group the subscribers on your list based on geographic location,
average spend, age, interests, gender, behavior data, or transactional
data. Segmentation enables you to send relevant emails. That increases the
chances of subscribers acting upon the message they receive.
- Dynamic Emails:
Dynamic emails mean that you decide which block of content within the
email recipients see. For instance, you can create an email marketing
campaign for two products – one for men and another one for women. Using
dynamic content, you can ensure that recipients see the content that is
relevant to them.
Use Emails to Drive Traffic to Physical Retail Locations
As
a retail company, you will have a physical space. However, if your target
audience shops on digital platforms, you will focus on having one. While that
is important, you can also drive footfalls to your physical locations using
emails.
- In-store
Promotional Offers: You can provide coupons to your subscriber list that
provide discounts exclusively for in-store purchases. This strategy is
useful if you are trying to meet sales goals or reduce inventory of certain
products.
- Host Exclusive
Events in the Store: You can offer your target audience something that
they cannot find anywhere else. But, to get this, it would be necessary
for them to visit your store. This can translate to a unique shopping
experience and build a sense of community among your customers.
- Hype Around Festivals: In India, Diwali, Dussehra, and Christmas are the perfect festivals to generate sales. You can create email campaigns around these festivals to offer your customers special promotions and discounts when they visit your physical store on a specific day.
Use MailHub for Effective Retail Email Marketing
Now you know about the importance of email marketing as a retail business. But, how do you send out the emails? That is where MailHub comes into the picture. It is a robust email API to send bulk emails to your subscriber list, track emails, and get actionable data.
Here
are some features that MailHub highly effective for retail email marketing:
- Optimize Send
Time: You can automate the send time for emails by choosing the best time
to send emails to your contact list. This increases the opens and clicks.
- Get Actionable
Insights: You can an overview of the performance of your emails. You can
get data based on the ISP and each contact.
- Advanced Editor:
To personalize and make emails more engaging, you can use the editor that
comes with a drop-and-drag tool, allows the creation of dynamic content,
and even has email templates that you can use.
- Team
Collaboration: Team members can review, edit, amend, and comment on
templates to improve them. This fosters real-time collaboration between
team members.
With
an email deliverability rate of 98%, responsive design, and 24/7 support, you
cannot ignore the benefits that MailHub offers retail businesses. They can
leverage the power of automated emails to drive sales, boost customer
engagement, and retain customers.
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