List
building and email marketing may be considered “old
fashioned” and even “un-sexy” compared to
social media. The rallying cries of “Email marketing is dead!”
are ringing out all over the social media world. But you probably need
to know that these cries are simply inaccurate. They are also hurting
the bottom line of those businesses who listen.
List
building or social media isn’t the question. The key is to
use them both, together, to maximize results for your business. List
building and email marketing provide your business with the most direct
line of communication for turning leads into sales, which is why the
smartest entrepreneurs have no intention of giving it up any time soon.
Social
networks are great. I like to use them. You can find me on Facebook, Twitter, Linkedin,
and Instagram (IG QR) at any
time.
We
believe that if you are asking, “List building OR social
media”, you are asking the wrong question. I use both. I
still focus most of my marketing on list building and email marketing.
Why?
Social
networks thrive on the sharing of good content, and your only real job
on social media is to give people something to share.
When
people see something on your social media site, some will like it and
click it to learn more. When they do they have just told you something.
What did they tell you? They are saying they value at least this
particular piece of content.
When
they get to your site, your job is to continue communicating with them
on that topic. When it comes to ongoing communication, email is the
best choice.
Email
marketing helps you avoid just another update in an overcrowded Twitter
stream. An update they may very well miss. Email allows you to stay in
front of your audience.
When
your information is on social media, it can get lost on the page with a
lot of other posts. When your information is in an email
that the reader asked for, you have their attention.
This
is why so many successful entrepreneurs focus on list building and
email marketing.
Still
not convinced?
Look at the data.
In
order to convince you that email should be your top priority when it
comes to communicating with customers, look at the statistics
and data and see how and
why email marketing and list building lends itself to better
engagement.
Email is More Popular than Social
Media
According
to a recent study by Ipsos, nearly 85 percent of people who
use the web will use email, compared to only 62 percent who use social
networking sites.
The
key difference to note here is that all social networking sites were
included in that 62 percent, which means that each individual site has
far less of an audience than you think.
Email
is universal, widely used, and still the biggest place where business
is conducted online.
Worse
yet, by using multiple social networks (e.g., Twitter, Facebook,
Pinterest), you are dividing your audience across multiple
platforms.
Compare
that to list building and you can quickly see how email marketing can
be very powerful as a single focused distribution channel for content
and updates.
Email
is Made for Business
One
thing to remember when evaluating why social media updates,
ads, and even promoted posts are so ignored is the fact that you are
competing with fun and games on social media.
When
the average user logs into Facebook, they want to see new pictures from
last Friday night (so they can un-tag all the evidence),
updates from family members who are out of state, political debates,
and witty status updates from their friends.
Not
only does email trump social media in both quantity (more users) and
quality (better engagement), email marketing was simply made
for business.
Email as a communication channel
is personal.
As
consumers, we are therefore naturally more receptive to things in our
inbox. We guard our inboxes much like a mother
wolf guards her pups … because they are filled with
things we choose to
see.
This
more intimate method of communication lends itself to more
honest discussions and decisions. This is an important reason
why people will always be “warmer” to being sold
via email, and just another reason why email will always beat social
media when it comes to marketing.
When
Facebook went down, we knew they would fix the issue. We did not panic.
We were not afraid of losing a ton of communications we needed. When
our email provider goes down we scream blood murder. Why? We need those
emails. We areafraid we will lose an important communique.
When
social media is experiencing problems all I do is log in to my
autoresponder and launch an email campaign to generate sales while
social media works out their issues.
Which
do you prefer in your business, List Building or Social Media?