The collaboration technology of choice varies by marketing discipline

Today I had lunch with my friend Don Buck of Buck Marketing. He owns a list brokerage. I was explaining why I had not yet installed the program he swears by, Trillian by Cerulean Studios. It’s a way to aggregate all of your instant messaging (IM) identities into one account. That way, regardless of which system someone wants to reach you in — AOL, MSN, Yahoo, Google (Jabber) or a less popular IM account — you can receive and send through one account.

Pretty clever. But it was a solution to a problem that I don’t have.

I only have Google IM, and that’s primarily to communicate with my team members. Few people beyond my coworkers are in my Google buddy list, and I have no need for other accounts. Don said, “That’s interesting but not surprising. I find that my contacts in the email marketing industry use IM to do their work, but those in direct mail use email.”

I have a theory why. Direct mail takes weeks to plan and execute, as do most other marketing projects nowadays. Passing information via email is sufficient to meet those types of deadlines.

Email projects are usually more immediate — at least when you are in the execution stage. We’re talking lag times of days instead of weeks. IM may be the only collaboration technology immediate enough to keep things on track and still keep a record of what’s discussed (otherwise you can just pick up the phone).

Or perhaps it’s something else that turns email marketers away from their lingua franca. Perhaps those who send emails for a living can’t bear to lean heavily on that medium to manage the projects. Sort of like the guy who makes donuts every morning never wanting to sample his own work.

How does your email performance stack up to others in your industry?

Postfuture.com, an email service provider (ESP) owned by Harte-Hanks, has released a benchmarking tool for consumer and business-to-business emailers. One of the more useful findings is the comparative click-through rates by industry, ranked best to worst:

  • Restaurants: 57.5%
  • Publishing: 55.6%
  • Pharmaceutical: 23.8%
  • Travel and hospitality: 23.4%
  • Conference events: 14.2%
  • Financial services: 11.0%
  • Technology: 10.9%
  • Government: 9.5%
  • Insurance: 9.5%
  • Consumer packaged goods: 8.6%
  • Entertainment: 8.1%
  • Retail: 6.0%
  • Automotive: 5.7%

As you look this list over, it shouldn’t be a surprise that all of the business-to-business (b2b) emails are at the top. Business people are paid to, among other things, keep abreast of news and opportunities. The emails they opt-in to receive help them fulfill this duty.

On the other hand, consumers will be less willing to open a typical email and dig deeper with a click. Overall, emails in the b2b sector had clickthrough rates and open rates of 19.9% and 78.9% respectively, while those sent to consumers generated 11.2% clicks and 67.7% opens.

This is all according to Harte-Hanks, mind you.

As with any secondary research, you’ll want to use the figures cautiously. For instance, I suspect that the company excluded many unsuccessful campaigns from their findings, in order to sweeten the report. It is, after all, a report card of sorts.

What if this ESP was instead selling weight loss programs? I imagine we’d be seeing their customers, of all stripes, dropping the pounds to a degree that might make you concerned for their collective health. (Note: Melinda Krueger thought these figures seemed high as well. Her Comment below explains what she learned when she followed up with them).

But for the sake of comparison, these figures can help. Tempered with a degree of skepticism and your own email track record, they can show you how your enterprise compares with others in your industry, and with the medium of email marketing in general.

Email newsletters still excel at customer retention and cross-sales

With all the recent noise about new online communication tools such as user-generated content and pushing content through RSS, we shouldn’t forget that some tried-and-true tactics aren’t going away any time soon. Take the the opt-in newsletter, particularly one that is customized to a recipient’s specific interests and tastes.

I challenge you to name an online tactic as powerful as a well-done opt-in email newsletter to draw visitors back to a web site or drive sales across a company’s complementary product offerings. This technique truly has legs.

Sure, it’s easy to see where email newsletters work in categories such as online fashion apparel and leisure travel. After all, is there anyone who hasn’t opted-in at one time or another to a travel site’s “hot deals” email?

But a truly enduring marketing tactic has the ability to surprise us – to show up and shine where we’re least expecting it. The email newsletter certainly has done this for me.

To my knowledge, one of the most effective opt-in newsletters around is in a category of services that no one ever wants to use. That category is healthcare.

Private Health News provides private labeled emails that a hospital or other care provider can use as a way to deliver news about its own offerings. What makes this newsletter so effective is the the fact that consumers truly appreciate receiving it. That’s due to theses two factors:

  • The content is customized
  • The content is trustworthy

Consumers sign up for it by visiting the site of the provider (let’s say it’s “General Hospital”), and then selecting topics of interest. This customization makes the newsletter unique to each households’ needs, with a selection of over 25 health topics from Blood Pressure to Breast Cancer, Sleep Disorders to Stroke Rehabilitation.

When the newsletter arrives, it reports the latest research, originally seen in articles from over 350 prestigious healthcare publications. The publications include the Journal of the American Medical Association and Lancet. Interspersed with the news — which, mind you, is tailored exactly to a recipient’s current health concerns and interests — are brief bulletins and ads about General Hospital events and offerings relevant to that topic.

For instance, along with a Men’s Health article there might be a notice of a free prostate cancer screening held at the hospital in three weeks, along with a link to the place on the General Hospital site where you can sign up or get more information.

I first met Dan Ansel, the president of Private Health News, six years ago at a healthcare marketing conference in San Diego. When he described his fledgling product to me, I immediately saw how this was the part of the puzzle I was struggling to deliver to my healthcare clients.

Dan’s product was a way to ensure that the valuable minority of consumers who visit my clients’ sites – and care enough about their families’ health to be proactive – can receive, every month, several excellent reasons to come back for more information. In other words, it was a way to retain prospects and patients, and to cross-sell to them wherever appropriate.

Has it worked? My experience and those of my clients says it has. What’s more, Dan has made sure to periodically survey newsletter readers, to get the user’s perspective on its effectiveness. Here are a few of the results of his latest survey, which had a sample size of 10,157 newsletter subscribers:

  • 99% consider the health information in their newsletter valuable, with 25% saying it was “very valuable”
  • 75.6% have the health issues to which they subscribe or are making decisions for loved ones with those health issues
  • Respondents are making healthcare decisions for an average of 3.3 people
  • 67% indicate a new awareness of the provider’s services as a result of receiving their newsletter
  • Over 13% have used these services because of that awareness

That last metric is the one that always blows me away. Every time the survey is conducted, more that one out of every ten people surveyed said they used a hospital’s services because of awareness they gleaned from the newsletter.

If only half of those people are telling the truth, that means over 600 individuals in this relatively small sample went to the provider of the newsletter for a possibly very profitable high ticket item, all thanks to an email newsletter.

I’ll be returning to the wonderful marketing double whammy of customization and credibility in future examples of online marketing excellence. But I’m not sure any other online technique I’ve encountered has the same high level of ROI as this surprising opt-in newsletter that sells people services they would prefer to never think about getting in the first place.

Attention B2B marketers: Your prospects are tired of white papers

In working with clients who sell to other businesses, I and my team are witnessing something I can only characterize as white paper fatigue. Remember when a truly well-written white paper that you could download from a corporate site was, although never truly a novelty, at least a welcome way to consume important information? Me too.

And it still is to some extent. I still find their contents valuable. The trouble is I’m spending less time reading and more time scanning. Therefore, the white paper has come to represent for me a workaday chore, not an opportunity to learn. Clearly others are in the same camp, because the offer of a white paper, when posed on a site or packaged in an email, is not as measurably compelling to our clients’ prospective customers as we have observed in the past.

There is an alternative, and I’m pleased to see it’s quickly on its way out of the “novelty” category of web site offerings. I’m talking about the audio white paper. AKA, the podcast.

Recent research reported in eMarketer.com suggests that the B2B audience is not just receptive to white paper content in this format: They want more of it. Here is an excerpt:

The respondents [in this survey of business and IT professionals] were actually enthusiastic about podcasting — and wanted more. Nearly 60% said business and tech information in white papers or analyst reports would be more interesting as podcasts, and 55% said they would be more likely to use the information if it were delivered in podcasts, rather than as reading material.

This same report showed how these are not just early adopters (from a statistical perspective) but are a growing base of business people who like podcasts, and use them both personally and professionally. This is encouraging news for companies who are seeking new ways to engage their target audience. 

As often happens with quickly emerging media trends, the challenge now becomes meeting this exciting opportunity — quickly — with content that truly takes advantage of the medium. Have any of my readers found strong examples of podcasted (and video!) white papers? I encourage your comments.

 

Make email copy long enough to tell the story

Legend has it that President Lincoln was asked how long a soldier’s legs must be to qualify for his Union army. His answer: “Long enough to reach the ground.” Whether this is true or not is unclear, but the truth behind it can be applied to a subject of heated debate: The copy length of marketing emails.

Melinda Krueger’s latest column addresses the debate with an extremely well-reasoned approach. She writes:

Use as much copy as needed to give readers all the information they need without a preconceived notion of what the “right” amount is. In some cases, you will get fewer clicks but more conversions (sales, donations, leads) from more copy-intensive e-mails, as they deliver more pre-qualified buyers.

She goes on to provide great tips for breaking up longer email copy to make it seem less daunting. Her point is right on, though. Don’t fret over the length of your email copy. Instead, make sure it is optimized for clarity, brevity (to the extent possible) and excitement.

Finally, don’t forget to test, test, test!