Reasons Why Email Marketing is Essential to Your Business

Top Reasons Why Email Marketing is Important in 2023

By Binary Demand - Last Updated on April 6, 2023

Despite the emergence of new marketing communication strategies, it’s difficult to imagine a future where email marketing isn’t a crucial part of the marketing mix. B2B email marketing has been and will remain the central strategy for conducting marketing campaigns, even as social media and mobile platforms experience tremendous growth. This raises the question: why is email marketing important and enduring?

There are a few answers to this question. Email marketing is a powerful, cost-effective tool that allows the dissemination of a brand’s content across existing and prospective audiences. No other digital marketing channels offer engagement opportunities as email marketing does. Moreover, Email marketing can generate leads and nurture relationships with potential customers by sending them content that will eventually convert them customers. Thus email marketing is a strong tool for B2B lead generation solutions and increases revenue.

Globally, email marketing is the quickest way to announce a sale, share company news, or remarket to previous customers. A well-crafted email is personal, action-oriented, and measurable. Let’s look at why B2B email marketing campaigns help B2B marketers fuel productivity and increase sales and revenue.

In this article

Statistics on Why You Should Use Email Marketing

The impact of Email marketing extends well beyond simply reaching recipients’ inboxes. If you want to become a master, you need to be versed in a few insightful statistics. Peek into the top statistics that you need to know in 2023.

why use email marketing statistics

But first, let’s understand the concept in a nutshell.

What is Email Marketing?

Email marketing is a digital B2B demand generation solution connecting individuals and businesses with customers. It helps orchestrate high-performing B2B demand generation campaigns that generate High-Quality Leads.

Email marketing is an aspect of a business’s marketing operations that helps advertise its products and services, and eventually increase client loyalty. Email marketing is a method for informing clients about any updates regarding new products, sales, or other services. It may also be used to educate your audience about your brand’s worth and maintain their attention between transactions.

Also Read: The Fundamentals of Email Marketing

Why is Email Marketing Important?

Email marketing assists organizations in establishing a rapport with their target audience. When executed correctly, it enables B2B marketers to engage in organic discussions with their clients before making a pitch.

Let’s take a look at some of the top benefits of email marketing that will demonstrate why it is one of the best tactics.

  • Ensures personalization: With data monitoring and analytics, marketers can produce customized content for consumers by evaluating their purchase history, behavior, and other relevant information. This enables firms to send personalized emails with comparable items or information by determining consumer interests and preferences. Email automation may also analyze the customer’s location in the sales funnel and send relevant information.
  • Outperforms other marketing channels: It offers one of the best ROIs of any other new marketing channel, such as webinars, video campaigns, or social media posts. On top of that, it enhances lead conversion rates. To get the best results from your email marketing campaign, you should monitor metrics like click-through rates, engagements, bounce rates, etc.
  • Minimizes costs: Email is cost-efficient and accessible. You don’t need huge budgets to advertise or print the ad. So, it saves on associated expenses to hire a digital and video production crew.

You need to hire a professional graphic designer to make eye-catching images and good content, and you’re good to go. With the increased penetration of mobile phones, email is an excellent way to contact potential customers.

  • Enhances customer loyalty: You may maintain constant contact with customers and website visitors with email marketing. Recognized purchasers like being informed of the most recent items and promotions.
  • Reaches real-time: Most emails are opened on mobile devices. Thus, it should be an integral element of any marketing strategy. Consumers are increasingly utilizing mobile devices for all other forms of media and information. On mobile devices, well-designed emails have the greatest conversion rates of any medium.
  • Enhances brand loyalty: It is a fantastic strategy for brand promotion. Audiences may obtain information-rich content to promote the brand’s mission, products, and values.

Potential customers are more engaged and connected if they have a deeper understanding of your company. To stay in touch with your users, develop consistent, long-term strategies that make them eagerly anticipate your next email.

  • Boosts sales: An efficient marketing tool, that helps B2B marketers further their sales goals. It allows businesses to feature products or services, motivate customers to purchase after leaving their cart or entice them with special offers. Additionally, it can also be used to automate certain sales processes that can also boost sales.
  • Easy to maintain: Email marketing is relatively easy and cheaper to maintain. Email marketing services such as MailChimp or Active Campaign have simplified the process, allowing for greater automation and customization.
  • Generates traffic to your site: The best way to disseminate produced content to your audience is by email. Email marketing campaigns will send traffic to your site and improve your SEO. Moreover, you will keep your audience engaged with your brand and site. Also, add a call to action (CTA) for readers to directly reach your site.
  • Reaches various devices: A person’s email address can be accessed on many devices. So, you should not worry about their ability to contact you. As long as the receiver has a device with internet access, it is probable that they can view the email. These devices can display your email, regardless of whether we are discussing a desktop computer, laptop, tablet, or smartphone.
  • Collects feedback and survey reports: Email marketing assists in maintaining a tight watch on the client experience. These campaigns may be used to send customer satisfaction surveys and get client feedback. This is one of the most accurate methods for calculating your Net Promoter Score (NPS). Using the information gathered from NPS, you may build ways to enhance the client experience.
  • Looks professional with expertly designed email templates: Email themes are meant to help you appear professional in the inbox of your recipient. You may include your own text and personalize each email template with your logo and brand colors to maintain consistency with your company’s aesthetic.
  • Drives higher ROI: It generates conversions and is the most effective channel driver of increased ROI. Such marketing permits hyper-specific messages. In turn, such a hyper-targeted strategy ensures that the content is relevant to each individual recipient, which encourages people to click through, make purchases, and boosts ROI.
  • Generates results faster: It is the direct form of communication, where the tie is not wasted, and the efforts are paid off. Most people read an email within 24 hours, so you can be assured about generating results within a few days.

Conclusion

Most marketers feel email marketing is long dead. In reality, direct mailing is still effective as long as you keep up with the latest practices. Many companies have executed email marketing campaigns in various ways and have successfully optimized the ROI and business productivity of their B2B email marketing strategy.

But as it is said, every good thing comes with its share of challenges. The most crucial thing to consider with B2B email marketing is to keep experimenting and remember to monitor performance KPIs. The above blog showcases a comprehensive perspective of why email marketing is important for a successful business.

Binary demand is here to help you develop an ROI-driven email marketing campaign. Our digital marketing experts are armed with an email database across industries that’s human-verified.