The latest email marketing industry census conducted by Adestra and Econsultancy , which surveyed nearly 700 marketers, revealed that 73% of respondents believe that email offers an excellent return on investment. That’s a clear sign that email marketing hasn’t lost its power in the digital world!
ROI statistics for email marketing and other digital media
And you know what else? According to a study by the firm DMA, email marketing generates an average ROI of $42 for every dollar invested, while the ROI of social media is $17 for every dollar invested. In addition, another study by McKinsey showed that email marketing is 40 times more effective than social media for acquiring new customers.
So why not make the australia business fax list most of this powerful tool? If you're not already paying attention to ROI in your email marketing campaigns, it's time to start! Don't underestimate the power of email in generating sales and customer loyalty. The proof is in the numbers!
How do you know if you have a good return on investment in your email marketing strategy?
If you want to get the most out of your email marketing campaigns, you need to make sure they are generating effective results. By improving the effectiveness of your emails, you can increase conversion rates and generate more revenue. Plus, optimizing ROI will allow you to maximize your marketing budget and make your business more profitable.
To measure the success of your strategy, you need to consider several factors, such as the objective of the campaign and the sector in which your business operates. But, as a reference, some marketing experts point out that an ROI of less than 5:1 indicates a need for improvement, while an ROI of 10:1 or higher is excellent.
