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Biz MGMT-1006 by group 2.pptx

26 de Mar de 2023
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Biz MGMT-1006 by group 2.pptx

  1. Email Marketing MGMT - 1006
  2. Some Background : ● A majority of Americans (79%) are concerned about companies using their personal data, with 62% feeling it is impossible to avoid having their data collected. Privacy breaches are a real concern, with over 22 billion records compromised in last year's 4,145 publicly disclosed incidents. Companies can face hefty fines under the EU's GDPR regulation. Despite these concerns, consumers demand personalized marketing messages, with 72% only engaging with brand messaging that is tailored to them. Brands face the challenge of crafting personalized campaigns without losing trust with consumers. 2
  3. Why Email Marketing: When there are many ways of promoting and selling your product? ● According to the research, 59% of consumers said brand personalisation emails affects consumers buying decision. 3
  4. Email marketing is a method of promoting and selling products or services to a specific audience through the use of electronic mail as a communication tool. 4 Email Marketing:
  5. Email Marketing: 3 Strategies
  6. Privacy & Opt in Policies Let’s start with the first set of slides 1
  7. “ ” ○ Clear Privacy Policies: Many people are unsure about what companies do with their personal data, yet they still take steps to protect it, such as deleting cookies and using ad-blockers. ● Personal data is valuable to individuals, and companies should be transparent about their policies in order to gain trust and build strong relationships with their customers. In fact, a marketer found that they were able to increase sign-ups by 10% simply by changing their privacy policy from "100% privacy" to "Your privacy is 100% guaranteed". 7
  8. Example: For instances, Proton Mail uses various measures to protect the privacy of its customers. These include: ● End-to-end encryption: Proton Mail encrypts emails on the client side before they are sent to the server, ensuring that only the intended recipient can read them. ● No logging policy: Proton Mail does not log IP addresses or any information that could be used to identify individual users. ● Swiss privacy laws: Proton Mail is based in Switzerland, which has some of the strongest privacy laws in the world. 8
  9. Optimization for Humans: Bring the attention of your audience over a key concept using icons or illustrations 9 2.
  10. Digital marketing must be enhanced and developed for humans first, not for robots, which is the foremost path for gaining trust of subscribers. The language must be polite and clear as it will be easy for humans to catch data rather than robots who scans the emails. The language style used must be informal and idiomatic. Moreover, it is finer than social networking websites because it is exclusive council. Understanding Psychology: 10
  11. Example Blue is believed a trustworthy and reliable color while red demonstrates danger. Further, emails designing must follow the principles of universal design, which can be accessible to differently abled people also. Furthermore, faith in youngsters can be acquired through involvement. 11
  12. Create Test, Learn, & Repeat 12 3.
  13. How it works: 13 CREATE TEST LEARN REPEAT
  14. CREATE: 14 Implement automated email campaigns to improve your team's ability to deliver personalized and impactful marketing efforts. Begin with high-performing welcome and birthday emails, and then move on to address abandoned carts and website bounces. The key to successful email marketing is data-driven optimization. Use A/B testing to continuously evaluate and improve all elements of your emails, including subject lines, pre-header text, calls to action, design, and layout, to effectively engage with your target audience.
  15. TEST 15 • Successful email marketing does not rely on guesses and assumptions, but instead is achieved through continuous experimentation, evaluation, and refinement. A/B testing your subject lines is just the beginning. Test all elements of your emails, including the pre-header text, call to action, design, and layout, to identify what resonates with your audience and what needs improvement.
  16. our office 16 Example Large social media giants like Facebook and Instagram employ A/B testing to develop targeted algorithms for their consumers. By presenting content that an individual has previously shown interest in, the time spent on the platform and the likelihood of engagement with advertisements increases. This leads to a higher retention rate for individual users.
  17. LEARN Ultimately, it can be possible to have straight opinion or criticism from your precise viewers without any anxiousness. Therefore, preference centers could be established for gathering views or comments and inspiring followers to operate this feedback hub. Some of the questions which marketers can ask are most preferred or any certain time or when to receive messages, length of message-short or long and number of times , emails to be received per week. Consequently, this scheme will discourages folks to unsubscribe, as well as, boost open ratings. Open rate (the number of people who open your emails) used to be one of the most straightforward email metrics to track and gauge the success of your campaigns. 17
  18. REPEAT 18 Create Create and use pre email templates to understand a consumer. Learn Learn to improve the errors and repeat the process again. Test Test your product on the consumer 03 01 02
  19. Example For instance, when Apple released its iOS 15 update, it introduced a new “Mail Privacy Protection” feature that: Automatically loads all images from emails Hides IP addresses and the location of email recipients This update means that all of your email subscribers that have iOS 15 devices (iPhones, iPads, Apple Watches) will appear as opened whether they did or not. Since Apple iPhones are roughly 48% of the U.S. smartphone market, and most people read emails on their phones, open rates are inflated and not as accurate. So, this strategy helps to create those centres which will certainly delegate subscribers to cast their email experience. 19
  20. Summary 20 In conclusion, although customers dislike being bombarded with irrelevant advertising, targeted brand ads can influence their purchasing decisions. By utilizing these three email strategies: prioritizing privacy, appealing to psychology, and constantly improving through trial and error, a marketer can increase customer loyalty, drive growth, and ultimately boost sales.
  21. Thanks! Any questions? 21 😋
  22. Credits Special thanks to all the people who made and helped release this personation ● Presentation by Group 2 22
  23. Team Presentation 23 Simranpreet Singh Accounting Diploma @Vcc Daman Accounting Diploma @vcc Komal Randhawa Accounting Diploma @vcc Muskan Accounting Diploma @vcc Komal Bajwa Accounting Diploma @Vcc Jashan Accounting Diploma @Vcc
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