According to a new study, the Email List Growth Survey from Ascend2 and BlueHornet with marketing, sales and business professionals from around the world, 68% of B2C companies consider email list growth very important to the overall success of their marketing program. Email list growth is felt to be not important to only 5% of consumer marketing programs.
Most Important Email Marketing Objectives
Increasing list size ranks second of the eight top email marketing priorities for B2C companies. Improving list hygiene ranks sixth, indicating that marketers may be sacrificing quality for quantity.
Most Important Objectives | |
Objective | % of Respondents |
Increase conversion rates | 62% |
Increase email list size | 44 |
Increase open/click rates | 39 |
Improve lead generation | 37 |
Improve brand loyalty | 26 |
Improve list hygiene/accuracy | 20 |
Improve email relevance | 19 |
Improve social integration | 11 |
Source: Ascend2/BlueHornet, February 2015 |
Choosing quality over quantity is challenging when you’re trying to grow your list, says the report. but invalid subscribers don’t contribute to meaningful list growth, says the report. Valid, engaged subscribers will drive higher lifetime value, they’re worth the effort to identify and acquire.
How is Email List Size Changing?
Despite the challenges, consumer email lists are growing rapidly for 20% of companies and growing slowly for another 54%. Email list size is not changing or worse, shrinking, for the remaining 26%.
Reason For Email List Size Changing |
|
Change | % of Respondents |
Email list growing rapidly | 20% |
List is growing slowly | 54 |
List size is not changing | 20 |
List is shrinking slowly | 5 |
List is shrinking rapidly | 1 |
Source: Ascend2/BlueHornet, February 2015 |
74% of B2C marketers feel that their email lists are growing slowly or not at all. If your email list is growing slowly or shrinking, first understand why, says the report:
Most Effective List Growth Tactics Used
Providing access to private, value-added sections of a website barely tops social media sharing as the most effective tactic used for growing consumer email lists. At the bottom of the list are offline tactics such as capturing email information in-store or in call center conversations.
Effective Tactics Used For Email List Growth | |
Tactic | % of Respondents |
Website access | 35% |
Social media sharing | 33 |
Content downloads | 25 |
Purchase process | 24 |
Email forward to friend | 20 |
Upcoming events | 20 |
Paid search campaigns | 19 |
Call center/in-store capture | 11 |
Source: Ascend2/BlueHornet, February 2015 |
Capitalize on website opt-in opportunities, says the report:
Most Difficult List Growth Tactics to Execute
Social media sharing requires significant time and effort, but little direct expense. However, it is still ranked as the most difficult tactic to execute for consumer email list growth purposes.
Most Difficult Tactics To Execute For Email List Growth | |
Difficult Tasks | % of Respondents |
Social media sharing | 35% |
Email forward to friend | 34 |
Paid search campaigns | 29 |
Call center/in-store capture | 28 |
Content downloads | 19 |
Website access | 18 |
Purchase process | 11 |
Upcoming events | 9 |
Source: Ascend2/BlueHornet, February 2015 |
Social media sharing is time consuming and resource intensive, says the report, but essential for B2C brands. Increasing both social acquisition and sharing can be accomplished by running an opt-in campaign on social channels with a sweepstakes, or contest, by offering incentives to subscribers for sharing content, suggests the report.
Tactical Effectiveness Versus Executional Difficulty
Providing access to private, added-value sections of a website is a far more effective email list growth tactic to use than it is difficult to execute, says the report. Social media sharing, on the other hand, is almost equally effective and difficult for consumer marketers to execute, says the report.
Tactical Effectiveness Vs. Executional Difficulty (% of Respondents) | ||
Tactic | Most Effective | Most Difficult |
Website access | 35% | 18% |
Social media sharing | 33 | 35 |
Content downloads | 25 | 19 |
Purchase process | 24 | 11 |
Email forward to friend | 20 | 34 |
Upcoming events | 20 | 9 |
Paid search campaigns | 19 | 29 |
Call center/in-store capture | 11 | 28 |
Source: Ascend2/BlueHornet, February 2015 |
To get the most out of your social media sharing campaigns says the report:
This survey was conducted online from a panel of more than 50,000 US and international marketing, sales and business professionals representing a range of company sizes and roles.
For access to Ascend2 studies, please visit here.
I've got some ideas I'm testing that look very promising as an inexpensive list growth method. Happy to share with any email marketers who have an interest. I'm easy to find ;-)