Marketers Say Email a Good Investment During Downturn Click here to see larger, printable version of this chart
This chart reflects an email dichotomy. It addresses the attitude toward email that marketers ascribe to their own organizations; it looks at it through the lens of how marketers view the ongoing effectiveness of email. There's an important difference.
Those that see the effectiveness of their email programs diminishing are much more likely to have short-sighted organizational attitudes toward the tactic. Nearly 50% of them consider email to be "free" or nearly so, compared to only one quarter of those who see email's impact as increasing.
The dichotomy is also clear when we go underneath the attitudes and examine the benchmarks for these different groups. Organizations with investment-oriented views of email reap the rewards. They have higher open, click and conversion rates. In addition, they are much more likely to have a metrics-based grasp of how email works for them. Those with the "email is free" view, on the other hand, are more likely to fall into the group that doesn't track conversion. The key takeaway:
Email should be the last place to cut budget and the first place to increase it. Modest investments in testing, best practices, measurement and, most importantly, providing relevant content will generate powerful ROI - especially in a time when selling to existing customers will be a key to survival. Useful links related to this articleNot a Subscriber to Sherpa's Chart of the Week? Click Here to Get a New Chart Delivered to Your Inbox Every Tuesday!
More Research Data from Sherpa:
The 2009 Email Marketing Benchmark Guide: