E-Newsletters and the Power of Change by Jeanne Jennings
                                
    
    
        Problem: You offer a number
            of free email newsletters to your customers, but only a small percentage opt in
            to receive them.
    
    
        What do you do? Here are a
            few possible actions, along with their pros and cons, to consider. 
    
    
    
        Go Opt-Out
    
    
        This can be tempting to consider,
            as it appears to be a quick-fix to the problem. The justification usually goes something
            like this: "If customers haven't seen our email newsletters, how can they really
            know if they want to receive them? We'll add them to the lists automatically. If
            they aren't happy receiving them, they can always unsubscribe." 
    
    
    
        In the short term, your lists
            will grow very rapidly; but what will it do to your metrics in the long term? Opt-out
            email addresses don't perform as well as opt-in. The opt-out portion of your list
            will have lower open, click-through, and, if you're looking for an action, conversion
            rates than the opt-in portion. This approach may also open you up to spam complaints
            and jeopardize your relationship with your email service provider (ESP).
    
    
        If you do decide to go opt-out,
            put tracking in place so you can view results of opt-in and opt-out subscribers
            separately. Chances are the opt-out portion will drag down overall metrics. You
            may be sending more (and if you're paying a CPM fee to your ESP, that will cost
            you more), but your overall open, click-through, and conversion rates will take
            a hit. 
    
    
    
        A final thought on opt-out,
            based on philosopher Immanuel Kant's categorical imperative, which states: "Act
            only according to that maxim by which you can at the same time will that it would
            become a universal law." In other words, if you're entitled to send email to your
            customers, without their opt-in, is everyone entitled to do so? I don't know about
            you, but although I like all the products I buy at the grocery store (and elsewhere),
            I really don't want to receive email, even if I can opt out, from every company
            whose products I purchase. 
    
    
    
        Look at Your Sign-Up Page
    
    
        When you request someone's
            email address, there's an underlying quid pro quo; it's a value-based transaction.
            You must be sure the value you offer is sufficient to entice visitors to provide
            their email addresses. If it's not, they won't.
    
    
        Does your sign-up page do
            a good job of spelling out the benefits of signing up for your newsletters? Do you
            tell visitors, in benefit-oriented language, what's in it for them? There's a big
            difference between an email newsletter that "features industry articles" and one
            that promises to "keep you ahead of industry trends and help you do your job better."
            Which would you sign up for? 
    
    
    
        Even if your email newsletters
            are free, you must still market them. The descriptions above could refer to the
            same email newsletter, but positioning the content as something that will benefit
            the reader speaks more directly to the value proposition.
    
    
        Examine Your Topics
    
    
        Maybe the topics you're offering,
            no matter how you describe them, don't appeal to your audience. For instance, there's
            a good chance you're reading this column because you value ClickZ's columns about
            email marketing and opted in to receive them. What if ClickZ launched new email
            newsletters on movies, music, or recipes? Would you be as excited to see those in
            your inbox, especially if you haven't opted in to receive them? 
    
    
    
        Probably not. ClickZ readers
            who are interested in those topics likely already get that information from other
            sources. ClickZ isn't regarded as an authority in those areas. Be sure the topics
            you cover interest your readers and are areas in which you offer some type of expertise
            or unique perspective.
    
    
        Assess Your Success With
            Opt-In Subscribers
    
    
        How well are you meeting business
            goals with opt-in subscribers? Where do your metrics fall: at or above industry
            benchmarks, or below them? Are you seeing the desired results from your efforts?
        
    
    
    
        If customers who opted in
            to receive email from you don't engage via opens, clicks, and conversions, and if
            the results don't meeting your business goal, be it retention, up- or cross-sell,
            or something else, you may have a larger problem to address. It may be time to reevaluate
            and refocus your email program. This could mean different topics or another approach
            entirely.
    
    
        Don't Fear Change
    
    
        Things change. The macro environment,
            business goals, and readers' needs aren't stagnant. Your email program shouldn't
            be stagnant, either. Take the time to investigate what's going on; sometimes the
            quick fix isn't really a solution at all.
    
    
        Until next time,
    
    
        Jeanne