When you first start your small business, probably the last thing on your mind is setting up an email subscription list. You’re more about getting your business set up, selling, and getting to grips with basic marketing and social media. But setting up your own email list is crucial to a small business and can seriously help you grow your business.

Social media is great and is a growing medium for small businesses. But, as lots of us have realised over the past year, the algorithm can make it difficult to keep consistency and, at the end of the day, you don’t own your social media account, and it can be closed at any point without any consultation with you.

If you have your own email subscription list of customers, it belongs to you. You own it, you run it and it isn’t going to suddenly disappear overnight, or a new algorithm suddenly do something you weren’t expecting.

Also if you use Social Media, you will know the frustration of wondering how many people actually see you posts – I see small businesses commenting all the time that their reach is not good and not as many people are seeing their posts. With email, you know that your email will drop into your subscribers email inbox. Will they open them? Yes, if you always deliver value and if you use enticing titles to make them want to open it.

Some stats

Email marketing is totally worth your time and investment because, as well as being cost-effective, it gives you the power to reach your customers in a place that most of them visit every day – their email inbox.

Let’s look at a few stats…

According to a study by The Radicati Group, that has been tracking email user stats since 1993, the number of people who use email is set to hit 4.37 billion worldwide in 2023, which represents more than half of the global population. You probably rely heavily on email for your small business already, sending out invoices, notifying buyers of their delivery dates, or confirming an order.

64% of small businesses use email marketing (Campaign Monitor). Although social media marketing remains the most common platform for building brand awareness, Email Marketing is a close second. The same applies to gaining new customers – social media marketing is still top, but email marketing close on its heels.

Hubspot Blog Research tells us that the most effective strategies for email marketing campaigns are subscriber segmentation (78%), message personalisation (72%), and email automation campaigns (71%). And the last stats I’m going to share, 50% of people buy from marketing emails at least once per month, (Salecycle), and 59% of respondents say that marketing emails have influenced their purchases.

Why use email marketing?

If you’re a small business, you probably have social media accounts. You post daily, targeting your ideal client. But your posts will be aimed at a large number of people. Email marketing is aimed at a specific group of people – those that choose to opt-in to your email, so you can make your emails much more personal and targeted. You know you’re talking to an audience that are already on board with what you offer.

You can also further segment that audience and send more targeted information based on their personal preferences. And email is more personal, you can write to your audience in a more friendly and personal way, so they really feel valued. It makes for excellent customer service!

We all get email spam every day, but if a person has opted into your email, they’ve given you permission to email them. This makes it legal, and they know what they’re signing up for. Now, I’ve signed up to email lists before and within a few months, have unsubscribed. The reason? Because they bombard me with constant emails, trying to sell me their latest ‘whatever.’ And not just one or two emails along the same subject line but loads – every day – for weeks! I hate this, so it’s not something I advise! I have a subscription for my business, but I only send a couple of emails when someone signs up – then I do a monthly email newsletter. To me, that’s enough…you may or may not agree!

Further stats from Salecycle says that Friday is the best day in terms of emails being opened – either first thing in the morning or after 8pm – good to know if you send weekly emails. And that the 29th of the month is the best single day for e-commerce type emails. I’m guessing that’s because it’s the end of the month and most people get paid at the end of the month.

Brand Recognition

Email marketing is great for your brand. Each email can be branded with your colours or images. But not just that, you can give your subscribers valuable content, helping them solve their problems – be it around marketing (like I do) or around a product or service you offer. If you are consistent with your content, your subscribers will begin to recognise your emails and even start to look forward to receiving them.

You can also use your email to get feedback on your products or services. You can ask them if they like the content you send, or if there is something else they’d like to see – or would they like to learn something different from you?

This will not only make your subscribers feel important and make them feel that you care, but also will give you new ideas for content and possibly even ideas for new products or services.

Budget-friendly

Email marketing is budget friendly. You can start your email using a site such as MailChimp or Mailerlite, although I prefer Mailerlite. Both have free versions for up to a certain number of subscribers, which is a perfect start for your business, with no financial outlay.

The bigger businesses can afford to spend time and money on advertising space, but when you first start out with your small business, you won’t have that luxury. Email marketing is the perfect choice to get you in front of a genuinely interested audience.

The other good thing is that once you have set up your initial subscription email and follow up emails, it can be automated, so you just need to have the link on your social media pages or website with the sign up and your hosting site does everything else for you. It does require a bit of time commitment to set it up, but it is worth it. Then you can write your monthly, weekly, or whatever email when you have time and schedule it to go out when you want it to.

The other good thing about a hosting site is that you have the relevant stats to help you. You can see who opens your emails, and whether they click on any links.

Traffic to your website

As well as being a great way to connect to your customers, email marketing is also great for getting increased traffic to your website. You can include links to your blog posts, and of course to your website or online shop, where you sell your products or services.

Be seen as an expert in your field

Email marketing can help you establish yourself as an expert in your field. Your customers have subscribed because they want to hear from you. They like the content you send them. For example, if your audience love what you do on social media, they will sign up for your email because they’ll want to hear more.

You can use your email content to establish yourself as an expert. You can ask questions and use the email to answer them, giving solutions to all your subscribers, who may have the same problem or question.

You can talk in more detail about what you do and offer and show more clearly the solutions that you provide.

Perks

Everyone likes something for nothing! And we all like to belong to a group and feel that we are valued or special. I belong to quite a few groups on social media, but there are only a few I feel really connected to. Your customers want to feel that connection too, so you can use your email to build relationships and build excitement around what you do.

You can offer exclusive deals to your subscribers – perks of belonging to your ‘group.’ We all love a freebie or a special deal, so make sure that you thank you subscribers by offering them something unique that they won’t get from other areas – such as your social media pages.

For example, when people sign up to my email list, I give them a free list of 102 social media post ideas. Once they sign up, this is automatically sent to them. They also benefit from free checklists every few months, and find out about anything new within my business before I publish it on social media.

If you are a product-based business, you could offer your subscribers a 20% off voucher or a free gift in return for signing up.

This kind of offer is called a lead magnet – it attracts customers to sign up, and there is the potential that they could then become regular customers.

Test the water

Another benefit is that you can test the water for new products, services or even just ideas for new products or services. You can ask for an opinion or ask what really interests your audience.

It could be that you are going to have a stall at a big event, or you are running an online event. You can ask your email subscribers what they think…and you can use your email to advertise these events so that your audience know where you will be and can come along and meet you in person…be it via Zoom or face to face.

Conclusion

Email marketing reaches your audience no matter where they are in the world – it goes to their personal devices. So, no matter what time zone they’re in, your email will reach your audience 24/7.

It’s easy to set up and manage, and you will be reaching your ideal audience because they WANT to be contacted.

You own your email list, and it won’t be affected by algorithms or social media reach.

It’s personal, so you can segment your audience, and send them more detailed information. It’s much more personal than social media.

And it helps you sell your products or services and encourage traffic to your website, blog, or online shop.

What are you waiting for? Make this year, the year you set up yours and start reaching your ideal clients on a more personal basis.

If you need help, I offer a service to set up email via Mailerlite for you, or I can give you some coaching sessions on managing your email and content. You can email me at cindymobey@outlook.com