The Evolution of Email Marketing

The evolution of email marketing

In 2012 it felt like we couldn't escape the constant reminders by journalists, bloggers, marketers and even consumers that social media had reached adolescence. Some even touted the idea that social could make email marketing obsolete; a bold and presumptuous concept when you consider that email is still the primary source of lead generation for 9 out of 10 B2B marketers. Whilst email marketing may not have received the accelerated public growth adopted by social, it has begun to evolve – so what can it offer in 2013?

The relevance of email

The aforementioned figures were revealed by Forrester and sat alongside stats declaring that 70% of marketers see email as either ‘critical’ or ‘very important’ with more than half of them using emails as a primary source of, (in descending order), lead generation/nurturing, enhancing or building brand awareness, driving sales and strengthening thought leadership.

The ultimate B2B marketing tool

Industry wide, B2B marketers reported an average deliverable rate of 84% and a further 13% average click-through rate. Not only are these figures extremely positive, but website forensics can provide marketers with hitherto unprecedented access to customer analytics and reporting which can be tied back to ROI, mainly through the process of lead-scoring; a convention still presenting teething problems for the social revolution.

“New and growing businesses are stealthy in how they embrace email. You will hear marketing automation, cloud-based marketing platforms, digital messaging, CRM, and the like, but the companies valued highly and/or raising a ton of money or being acquired, feature email front and centre’ (S.Jenkins, Clikz 2013)

So what’s next for email marketing?

More and more professionals are now using more complex email marketing systems and choosing marketing automation platforms in order to enhance email lead nurturing campaigns. Marketing automation offers more complex analytics, allowing marketers to track customer behaviour which ultimately leads to more efficient output as brands can fine tune their communications, content and daily activities by interpreting this unique data. Furthermore, these platforms can streamline the entire process with CRM integration, automation of campaigns and filtering mechanisms. What’s not to love?

Marketing Automation

So why do we think Marketing Automation is critical to the longevity and survival of email marketing? Firstly, the adoption of marketing automation is expected to increase 50% by 2015 and thanks to the ease in which customers now have access to the plethora of information about your company, the average sales cycle has increased by 22% over the last 5 years - all the more reason to join the party. Moreover, to counteract this paradigm shift in buying behaviour marketers must now adopt a more sophisticated lead nurturing approach to keep up with this revolution in buying behaviour.

Evolve to prepare

So in summary, it’s safe to say that email marketing is not ‘dead’ and social certainly isn't the straw that will break the camel’s back just yet. However, to keep up with the shift in consumer behaviour email marketing has to continue its evolution to become more sophisticated and integrate with your existing end-to-end marketing efforts including web, social, CRM and offline channels.

Finally, Gartner predicts that by 2020 customers will manage 85% of their relationships with an enterprise without talking to a human. If this is the case, can you afford not to have a platform in place to ensure that you make the most of inbound leads so that your sales teams can target the right customers at the right time with the right content?