We have been collecting email addresses for 7 years without sending any emails until a couple of months ago. Bad, I know!
We recently cleaned the list and started sending a newsletter of curated articles related to social media and online marketing (the niche our app is in) to the 425k subscribers.
The open rate is low, about 7% - 9%, with a click rate of ~0.5%. We are planning on sending 6 newsletters once a week, then dropping any emails that have not engaged with any of the campaigns.
How do we make the most out of that list, keeping in mind that the goal is to have a sponsored link to generate revenue?
Tricky.
Likely many email addresses are dead + others have forgotten your name + why they subscribed.
Your steps.
1) Clean your list.
2) Place a link at top of each message that says.
Report this message as spam, which then connects to a non-interactive, instant unsubscribe mechanism.
This keeps people from reporting you to real spam authorities.
3) Wait 10 days, for all unsubs to come in.
4) Create a targeted audience in Facebook or Traffic Oxygen to get your name in front of these people + generate some cash, without emailing them.
5) Then run this for... say 30 days...
6) Then start weekly emails + keep these email going, so your list stays warm.
If all this makes your head spin, hire someone to assist you with this.
As others have said, proceed with caution! Assuming you've already used a top email list hygiene provider like Fresh Address or Webbula (if you haven't, you might need to clean it again), here's what I suggest you do next:
1) Interrupt your pattern of sending content newsletters with either a preferences or general survey, ideally with an incentive for completion (random prize drawing works well). At this point, sending a campaign people will be HIGHLY MOTIVATED to open and click is key, since leading ISPs such as Gmail and MSN are increasingly using engagement metrics to determine whether your email keeps getting delivered or gets junked. Also, conditioning a pattern of response early is important to getting people to engage on a regular basis.
2) Vary your messaging to include other campaigns than just newsletters. People grow immune to repetition. What stand-alone messages can you work into the schedule? Maybe a weekly spotlight on a featured piece of content, interview with a subscriber, weekly trivia, etc. These are all great for engagement.
3) Keep a strong eye on your deliverability and reputation as an email sender. Look into ReturnPath's services.
4) As far as "dropping email addresses that have not engaged with any campaigns" consider your options and define "engagement". What are the actions and thresholds of activity that constitute "engaged" - is it no opens/clicks in 30 days? 90 days? longer? You don't say if you'll be wiping those from your list and never emailing again, dialing back volume, or suppressing and contacting with a reactivation or re-opt-in campaign. If you decide to no longer email inactives, try targeting them in other channels like via FB custom audience targeting or Live Intent.
Need more help or a long-term strategy? Contact me - it's what I do.
