DemandBase has just announced a webinar series called B2B Marketing Best Practices that Need to Die (I will present one of the sessions). Today, I’m working on my presentation for Monday’s lead nurturing webinar 7 steps to finding untapped revenue in your marketing database, where I’m presenting real best practices.
That made me think: in lead nurturing, are there any common “best practices” that are actually ineffective? Yes! For example, the monthly newsletter.
Today’s prospects are “crazy-busy” and “frazzled” according to Jill Konrath in her new book SNAP selling. I totally agree. If you send prospects an email, it better be relevant. If not, your email will be ignored, deleted or – worse – flagged as spam.
Monthly newsletters were a best practice in the early days of email marketing. They were designed to “stay in touch” and offer something of interest to everyone. In other words: it tried to be everything to everyone!
Newsletters break the primary rule of effective email marketing, that is: you need to segment your list to make messages relevant. A monthly newsletter is undifferentiated, and won’t please anybody. Instead, create unique messages for smaller segments of your database.
If you’d like a response to your email, you need to have a call-to-action. That works best if you have only 1 call-to-action per message. Again, this is where newsletters often go wrong: they try to promote a webinar, a whitepaper, and a new product, all in the same message. The result: terrible response rates for all of these call-to-actions.
Instead, segment your audience, figure out what they’re interested in, and send them targeted emails with only 1 topic and 1 call-to-action. And stop sending that monthly newsletter.