5 Reasons Why The Timing Of Your Marketing Email Impacts Your Sales
November 4, 2009 by admin · Leave a Comment
When should you send your Ezine for optimal ROI?
It is a question that every business has to consider, but what is the answer? According to the Ezine Editors and Publishers Association, NEPA, over the last three years companies have sent their Ezines and email marketing pieces on three main days of the week; Tuesday, Wednesday, and Thursday. Tuesday was the most popular day of the week with 23.6% and Wednesday came in second with 22.7%.
What does this mean for your business?
Should you go against the grain and send your ezine out on a Monday or Friday? Probably not, but consider your clientele first. Business to business Ezines traditionally do not fare well on Monday because it is the primary meeting day for most executives and decision makers and Friday is ineffective because many people are simply on their way out the door.
If on the other hand, you?re marketing to consumers, then a Friday ezine has the potential to be effective because your readers would have the weekend to consider your information and offers.
Bottom line when considering the day of the week that your ezine goes out, consider your specific market and customers. If your clients tend to purchase on Thursdays, then test sending your Ezine to them a day or two before. It may prove to be the key to up selling or increasing sales on that day.
Time of the day is also an important consideration to sales. Generally, for mailing to business recipients 11am to 3 pm tends to be the most receptive time. An ezine received first thing in the morning may risk being deleted or over looked during the first morning rush and emails received at the end of the day are often ignored or put off until another day.
If, on the other hand, your know that your clients tend to put in full days and you know they eat lunch at their desks or they often conduct lunch meetings, than a ezine received right before lunch may have a good chance of being opened almost immediately.
Depending on the frequency of your ezine, you may also want to consider what day of the month you send your ezine on. If your prospects and clients tend to make purchases at the end of the month, then a ezine received mid month is likely right on target to assist them with their buying decision. Also be aware that your customer?s budget and budget constraints can impact not only their buying decision but ultimately their decision to open your email.
One last factor to consider is your competition.
When do they send their ezines? Do you want your ezine to be in your prospect?s in-box with your competitors or is it better to stand out from the crowd? That may be determined by your product and the volume of purchases. If you?re marketing a high end augmented product, you might want to consider beating your competitors to the punch. If however, you?re marketing a consumer good or service, then frequency of your message may be more important than standing alone in their in-box.
Patience, persistence, and testing are the keys to finding the best schedule for your ezine and optimal ROI.
Busy decision makers are generally focused on a handful of priorities at any given time and an unopened Ezine may not be indicative of anything more than the fact that your prospect was too busy to open it. Continue to send your ezines, testing times, days of the week and even days of the month.
By testing not only your click through rates but determining who within each company is opening your ezine and when, you can modify your ezine schedule to impact your sales in the most optimal way.
Timing is everything, right?
When making a major buying decision it certainly is. Contacting your clients and prospects with your ezine at the optimal time in their decision-making process is tricky at best, particularly when it comes to marketing high-end, augmented products.
Variables to Consider:
How many decision-makers must decide to purchase your product? Coordinating all of the decision-makers to make a purchase is a feat in and of itself, but if all of the executives involved are receiving your ezine then you?re a step ahead of the game.
Are all the decision-makers aware of your products or services? Make sure that your ezine is getting into the mailboxes of the key people involved in purchasing, if they?re not, involve your sales force in updating your mailing list so that you?re getting into the hands of the decision-makers each month.
Where is your ezine in the company?s business cycle? Budgets generally run on a cycle, annual, quarterly etc. Your ezine isn?t going to hit the right time during the budget cycle every time. If you are able to factor budget cycles into your distribution schedule then that is a bonus (but it isn?t often a possibility).
What are your prospects? priorities? Let?s face it, everyone is busy and the simple fact of the matter is that your product or service may not be a priority to your prospect right now.
What you can do:
Patience. No, we?re not suggesting that you merely sit back and wait for a sale. However, once you?ve assessed all of the contributing variables, patience (combined with persistence and good tracking) will prove beneficial.
Persistence. Continuing to send out a quality ezine at regular and predictable intervals will pay off. Assuming that your ezine is reaching the executives required to make the purchasing decision, variables like budget and the buyer?s priorities will change. Just make sure that you?re there when they do.
Tracking. Perhaps the most important step that you can take is to carefully track your results. With the right ezine system you can track when your ezine is opened, who reads it, when they read it and what they read. This information will enable your business to not only optimize the information that you place in your ezine but also optimize when you send it for the best and most profitable results.
3 Things You Need to Know About Free Student Credit Cards
November 3, 2009 by admin · Leave a Comment
There?s definitely no shortage of free student credit cards, but does “free” really mean “free” in the world of student credit cards? You?re in college now and if you haven?t learned this life lesson already, it?s about time you did — there is no such thing as a free ride, a free lunch, or free student credit cards. Here are three things to keep in mind when applying for a student credit card and putting it to use.
1. Why Aren?t They Free?
So why aren?t free student credit cards really free? Because if you run a balance each month, you have to pay for it in the form of interest.
It?s very easy to spend more than you realize when you first get a student credit card. If you can?t pay your bill in full at the end of the month, you?re going to pay interest and over time, that interest can really add up.
2. What You Charge Now May Haunt You Later
If you run up a big bill on your free student credit cards, it may haunt you later on in life — especially if you can?t pay your bills on time due to the amount of debt you?ve gotten yourself into.
Say you quickly max out all of your free student credit cards and you make quite a few late payments. A few months later you decide you want to rent an apartment and you?re ready to sign the lease. One problem — you didn?t qualify due to your credit problems.
It can and does happen. Any mistakes you make with your free student credit cards can prevent you from getting a car or even a house or apartment later on in life.
3. It?s Not All Bad
While it?s true that free student credit cards do have potential pitfalls, they do have their benefits. You do need a credit card to start building your financial future. It?s just a matter of using it wisely.
Remember, charge only what you can pay off at the end of the month (except in the case of an emergency) and pay each and every bill on time.
If you absolutely cannot pay off your entire balance at the end of the month (and you should), reserve at least 30% of your credit balance if you can. Credit bureaus are interested in how much available credit you have. Use it all up and your credit score will drop.
By managing your free student credit cards in a responsible manner, you?ll be well on your way to building a sound financial future and creating a solid credit history.
?Taking a Chance ??” Working at Home
November 2, 2009 by admin · Leave a Comment
While the idea of working at home in the comfort of your pajamas sounds like heaven, be sure and look before you leap. If you have a traditional full-time job and want to transition into a home-based Internet job make sure you do your homework first.
Before making any rash decisions it is better to do a trial run to see how things will go. Try working online a few hours a day after your regular full time job to get your self started.
What are some factors to take into consideration before making the change? Below are just a few:
1. Are you a self-motivator? There will be no one at your house requiring that the work get done. It will be up to you to schedule your time for work each day and not allow other things to distract you or take the place of your work time.
2.It is important to consider other benefits that you will lose when you quit your current job.
There will be no paid time off. If you are sick or are unable to work for a few days for whatever reason you receive nothing. Also health care can be quite a monthly expense and it will be up to you to plan for your future and for your retirement. All of these benefits that come naturally with a conventional job are what you will lack when working from home.
3. There is also the issue of the inconsistency or profits when you are self employed or working from home.
When you are starting your own business at home there are expenses to be calculated. At times your expenses will outweigh your profits. Are you financially prepared to handle those challenging months? Good planning and number crunching will help you decide.
4. Once you have crunched the numbers you have to decide what type of work you want to do.
There are so many options for working from home. There are online options for selling products or services. There is writing, data entry and word processing. You have to determine what you want to do, how lucrative this business will be and how much money it will cost you to get started.
Before getting started, it would be wise to try to save enough money to support you and your family for several months until your new employment is established and you are seeing some profit.
Hosting Company – Choosing One Can Be Tough!
October 30, 2009 by admin · Leave a Comment
Typically, there are so many web hosting companies to choose from that it would take days or even weeks to review them all! We’re talking about hundreds of thousands of web hosting companies here. There are several reasons why one web hosting company could be considered ‘better’ than another. It could have to do with the features and/or options they offer, as well as their pricing and reliability, etc.
Just because one hosting company might be super expensive, while another is dirt cheap, it doesn’t mean that the cheaper one is of lesser quality. In fact, sometimes you’ll find that a cheaper service is in fact better, whether it be due to better customer service or faster speed for example.
It is up to you, the website owner or creator, to make the best decision for your website and make sure that the plan you choose suits the needs of your site and it’s functions. Not only will it be a matter of personal preference; there will also be additional factors that will help you make the best decision possible. Customer reviews, professional reviews and the needs of your website will all play major roles in which web hosting company you will select.
Do not underestimate the importance of finding a reliable web hosting provider. If your website is down a lot or has any problems due to a poor web host, you can be in for a lot more trouble than you bargained for. It is crucial that you get the right web hosting provider from the start.
If you want to make sure that you choose the best Malaysia hosting company possible for your website, visit Malaysia Web Hosting to read comprehensive and detailed reviews of the top 5 web hosting sites in Malaysia and the USA.