The document is a project on 'E-Mail Marketing' completed by Nishant Kumar at Dr. Bhim Rao Ambedkar College, University of Delhi. It outlines the importance of email marketing as a direct and digital marketing channel, detailing its roles in outreach, nurturing relationships, and remarketing, as well as categorizing email marketing into transactional, relational, and promotional types. The project concludes that email is crucial for brand awareness and customer engagement throughout the marketing process.
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Project On Email Marketing
The document is a project on 'E-Mail Marketing' completed by Nishant Kumar at Dr. Bhim Rao Ambedkar College, University of Delhi. It outlines the importance of email marketing as a direct and digital marketing channel, detailing its roles in outreach, nurturing relationships, and remarketing, as well as categorizing email marketing into transactional, relational, and promotional types. The project concludes that email is crucial for brand awareness and customer engagement throughout the marketing process.
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Dr.
Bhim Rao Ambedkar College
University of Delhi
Project on
“E-Mail Marketing”
By Name: Nishant Kumar Roll no.: 766 Class: B.Com (Program) Section: C Subject: Digital Marketing
Teacher Name: Dr. Sunita Chaki
ACKNOWLEDGEMENT
I would like to express my special thanks of
gratitude to my Digital Marketing teacher Dr. Sunita Chaki as well as our principal R.N. Dubey who gave me the golden opportunity to do this wonderful project on the topic “E-Mail Marketing”. Secondly, I would also like to thank my parents and friends who helped me a lot in finalizing this project within the limited time frame. CERTIFICATE
This is to certify that Nishant Kumar student of
course B.Com (Program), Section-C of Dr. Bhim Rao Ambedkar College, University of Delhi has successfully completed her Digital Marketing project on “E-Mail Marketing” under the guidance of Dr. Sunita Chaki. E-Mail Marketing
Email Marketing is a strong marketing channel, a type of direct
marketing as well as digital marketing, that utilizes email to advance the business products and services. It can assist with making the customers mindful of the most recent things or offers by coordinating it into the marketing computerization endeavors. It can likewise assume a vital role in the promoting procedure with lead generation, brand awareness, building connections or keeping customers connected between purchases through various kinds of marketing emails.
Role of E-Mail Marketing:
1. Outreach: Email is an excellent channel for outreach, whether you want to bump your brand awareness or stay in front of existing subscribers. For example, a monthly newsletter can help you communicate the latest tips, trends, or updates about your organization or industry. A one-off email announcing a brand- new service or limited-time offer is the perfect opportunity to reach out to customers who want to stay informed. 2. Affiliate: With affiliate marketing, your business gets referrals from a third-party website or company that advertises your services or products on your behalf. Email marketing serves a critical role in this relationship, as it not only introduces potential customers to your company but also communicates the values and benefits of becoming your customer. 3. Nurture: Once you have existing subscribers and customers, it’s important to maintain those relationships. Whether you are speaking to a potential buyer or long-time loyalist, the role of email marketing in this case is to nurture them along. 4. Remarketing: Sending remarketing emails is a priority for companies that want to keep existing customers engaged and recover potential lost sales from those who haven’t yet made a commitment. This includes everything from connecting with people who already purchased from you in the past, to those who added items to their cart but left without purchasing.
Types of E-Mail Marketing:
There are basically three types of email marketing which are
listed as follows: 1. Transactional Marketing 2. Relational Marketing 3. Promotional Marketing 1. Transactional Marketing: These are the messages that get conveyed by the robotized frameworks, affirming moves initiated by the possibilities and customers. There are 6 types of transactional marketing: a. Order Confirmations: Order confirmation emails have a higher open rate than any other type of email. The recipient has just given you the money and wants to verify the details of their purchase. Most brands don't do anything to optimize this email for growth. This email confirms the purchase, sets expectations, and finishes the transaction. The customer is excited about their purchase-which means it's a great time to add an additional offer or ask for a referral. b. Purchase Receipts: Receipt emails, like confirmation emails, have a high open rate, but they’re rarely leveraged for growth. Shipping Notices, another email that excites the customers is the shipping alert email, telling them their purchase has been shipped and when it will arrive. There's not usually anything in this email that could excite the customer journey. But it just reminds the customer of their purchase, renewing their excitement about getting it in the mail. c. Account Creation: This email goes out when one creates an account for new purchases, providing customers their login information. As with most transactional emails, this email is rarely leveraged. But getting access to a closed group is a bit like getting a present. The customers feel excited and happy. d. Return Confirmation: If you sell physical products and someone requests a return merchandise authorization (RMA), this is a fantastic time to make them an offer or give them a coupon. While they aren't happy about the product they’re returning, they can get excited about your excellent customer service. Your goal here is to re-engage customers, perhaps by offering a different product that would fit their needs better or by providing a coupon code. For example, you might double the refund amount on another purchase. As with Return Confirmation emails, support ticket follow-up emails give you an opportunity to add tons of value. If someone received great support, you can easily ask them to share their experience or extend their happiness by giving them a coupon. e. Password Reminders f. Unsubscribe Confirmations Here is the sample of transactional mail I received: 2. Relational Marketing: Companies that use email to nurture leads generate 50% more sales-ready leads at 33% lower cost. Here are 7 types of relational emails one can use to get the results for business-whether it's digital or brick-and-mortar. a. New Subscriber Welcome: This email should be sent immediately to every new contact. It introduces them to the brand and tells them what to expect, including the benefits of being on the list and the value that the company intend to provide. b. Newsletters/Blog Articles: Whenever one creates content, one should use email to distribute it to the subscribers. These emails can be short and simple, introducing the topic and providing a link to access it. c. Webinar/Event Confirmation: This type of email is both relational and transactional. One has been asked someone to block off some time to put them into their schedule. They've made a commitment to t h e m . They need to confirm that commitment. d. Survey/Review: Surveys can help you learn more about your customers’ interests. It can also help you segment them so your offers will be precisely targeted to their needs. e. Social Update: Update your followers on changes in your company or your product. This can help you build excitement as well as preparing them for what’s coming up. f. Contest Announcement: Contests build excitement and attract new subscribers. g. Referral Request: After any positive interaction with your subscribers, it makes sense to ask for a referral. Relational emails, regardless of why they're being sent, should be “human” rather than scripted. And they should always provide value. Here is the sample of relational mail I received: 3. Promotional Marketing: According to the Direct Marketing Association, 66% of consumers have made a purchase online as a direct result of an email marketing message. Obviously, promotional emails are a powerful growth tool. The 8 types of promotional marketing are as follows: a. Promotional Content: Promotional content is the content that's perceived as valuable to the audience while it generates sales for you. This type of content shouldn’t be overused, but balanced with relational content, it’s a good way to engage the subscribers. b. New Gated Content: Gated content aims to attract new subscribers, but existing subscribers are likely to want it as well. c. A Sale Announcement: Sale announcements get more engagement than any other type of email. Clearly, if one wants to make a bunch of sales, they can use it. d. New Product Release: The goal as an email marketer is to take new subscribers all the way through the value journey, transforming them into promoters. Because promoters are hyper- responsive and typically want everything you produce. That being the case, you should always be producing new products to support these “hyper-buyers”. e. Webinar Announcements f. Event Announcements g. Trial Offers h. Upgrade Offers
Here is the sample of Promotional mail that I received:
Conclusion: Email plays a part in many aspects of marketing, from the very first stages of brand awareness to engagement after the conversion.