Email marketing is one of the best strategies you can use for growing a profitable blog.
A list of names and email addresses of people who signed up to receive updates and promotional emails from you is called an Email List. As a blogger, you will be collecting emails using opt-in forms on your blog. When you use email to promote your blog and services to your email list, it is called email marketing.
Why Should you Use Email Marketing for your Business?
According to the Direct Marketing Association, email marketing yields an estimated 4300 percent ROI, says entrepreneur.com.
Most new bloggers are slow to adopt email marketing because they think it is a slow and time-consuming process. Most would change their mind if they knew email marketing was the best way to connect with, and retain, customers. You get to land directly in your reader’s inbox and no other channel can get your business more visibility. People may not check their social media sites every day but they will certainly check their emails. With the prevalence of smart phones, people tend to check their emails several times a day. In fact, it is likely the first thing every person checks in the morning.
When you post on social media sites, you have to compete with other content to be seen. Moreover, social media sites like Facebook, Instagram, Twitter, and Pinterest can change their algorithm any time, which might limit your reach.
For example, Neil Patel mentions on his site (neilpatel.com) that on June 2016, the Organic Reach of a Facebook Page fell to a mere 2%. My friend’s DIY blog was hit severely by this update and her traffic plummeted overnight. Her Facebook page with 500K followers would reach only 10,000 people each time she made a post and only 200 of them clicked through to her blog. That is when she started to focus more on building an email list. She now has a list that is 50K strong. Every time she sends out an email, 30% of the people open it and 15% of them click through to her website. For example, just one email she sent out brought 6300 visits to her Crochet Baby Blanket Roundup post and earned her $150 in ad revenue in just one day. The bigger your list, the more revenue you can generate from it.