If youâre ready to start engaging with existing customers, potential customers, and sales prospects, you need an email marketing strategy for your small business.
But, sometimes, it can be hard to know where to start.
Do you start a newsletter? Send out emails asking people to buy your product/service?
In this guide, weâre going to break down the key ways you can use email marketing at your company to nurture existing customers, keep your audience engaged, and connect with good-fit potential customers.
Weâll cover:
Benefits of email marketing
Types of email campaigns you can start using today
How to create solid foundations for your email marketing strategy
How to use cold outreach to engage with new potential clients
Thereâs a lot to unpack, so letâs jump right in.
What is Email Marketing?
Email marketing includes any marketing or sales-related campaigns that you send to your prospects, leads, and customers' email addresses. Simple, right?
You can use your email marketing campaigns to nurture your potential customers, engage with new ones, and get more sales.
Benefits of Email Marketing for Small Businesses
Just because your business is small, it doesnât mean you canât be using one of the most powerful marketing channels available. Here are some of the key benefits to creating an email marketing strategy at your company:
1. Improve Customer Retention
Whether you have an agency, SaaS, service, or product business, it's always more cost-effective to retain existing customers than acquire new ones. Research has found that it's 5 - 25X more expensive to acquire a new customer than retain your existing customers.
Regularly staying in touch with your customers in the form of newsletters, product updates, or other similar nurturing campaigns will help you stay top-of-mind and retain your customers longer.
2. Get More Sales
While retention is nice, you still need to acquire new customers if you want to grow your business. Email marketing is arguably the best channel to do that.
You can build an email list and nurture those subscribers to show them why it's worth becoming a customer, or, you can send carefully targeted cold email campaigns to engage with prospects that are a great fit for your services.
3. Complete Control Over the Platform and Message
Marketing on third-party platforms like Facebook, LinkedIn, or Google comes with inherent risk. You don't own the platform, which means you don't have complete control over how your marketing is distributed and shown to your audience.
With email marketing, the tables are turned.
You have complete ownership of your email list. When you send compelling content to your audience, they'll always see itâ no need to rely on social media algorithms or having to pay for visibility with ads.
4. Cost-Effective with High ROI
Compared to other channels, email marketing is relatively low-cost. As well as that, itâs quick and easy to get started with. Both of those factors make it a perfect channel for small businesses.
Studies have found that email marketing generates an average of $38 for every $1 spent. Even if you can see a fraction of that, chances are, youâll be seeing positive returns.
The only initial costs youâll incur when starting out are the software you need for sending emails (like QuickMail), your domain name and related expenses, and the time you or your marketing team spend building your email campaigns.
Compared to channels like paid ads where you typically need to spend at least hundreds of dollars before seeing tangible results, email marketing has a much lower barrier to entry.
3 Key Types of Email Campaign To Start Sending
1. Keep Customers Up-To-Date with Transactional Emails
Make sure to set up transactional emails. These include emails such as:
Post-purchase confirmation
Sending receipts or invoices
Welcome emails to new customers and new subscribers
Once you set these up, youâll have automatic emails being sent to any audience member that matches the criteria you set.
For example, when someone signs up to your product/service, you can send them an automatic welcome email with details on what happens next, useful resources, or a simple thank you for being a customer.
You can easily set this up using QuickMail â if you already save customer records in a tool like Google Sheets or Airtable when someone makes a purchase from you, head to Zapier.
Using Zapier, you can create an automation that triggers whenever a new record is created in your customer database. Zapier will send that customer information to QuickMail and create a new prospect.
You can then start your prospect on a QuickMail campaign automatically. Your campaign can be as simple as a single welcome email, or, it could contain 5-10 emails, each with useful articles, resources, or links to help your new customer get started with your product/service.
Itâs simple but, automating emails like this is a powerful way to automate new customer engagement.Â
2. Turn Subscribers into Customers with Drip Campaigns
If youâre investing time and money into building your email list you need to ensure people donât join and forget about you and your business.Â
Make sure to nurture your subscribers by regularly sending them useful content.Â
Make sure the nurturing content you send is related to the main reason someone joined your email list â if you promised to send someone sales tips, and next week you start sending them investment advice, youâll quickly start seeing people unsubscribe.
Effective nurturing campaigns are a powerful way to:
Educate your email list about their pain points and your solution
Build authority in your industry
Turn subscribers into paying customersÂ
They can be promotional â after all, you still have a business to grow.
Common types of content formats you can use for promotional emails include:
Links to your latest content
Details about your product/service
Details about new discounts or promotions youâre running
Weekly or monthly newsletters
Thereâs no perfect science into what to include, or how long your nurturing campaigns should be. The only requirement is that your emails provide ongoing value to your audience and match what they expect to hear from you.
3. Engage Decision-Makers with Cold Email Campaigns
If you have a good idea of who your ideal customers are, a personalized cold email is the perfect way to reach out to them.
Itâs a different approach to email marketing. Instead of building a list based on website visitors, with cold email, you approach your ideal customers.
Cold email lets you skip the usual sales and marketing journey â you get direct access to a decision-makers inbox. Itâs the ideal channel for small business owners as the costs are low, and itâs direct, meaning you avoid the risk of wasting resources on Facebook Ad campaigns or flyering that donât even get seen by the right people.
That said, you need to treat your cold email campaigns differently than you treat your drip and transactional email campaigns.
With cold email, you need to treat each email as a one-to-one interaction. That means you canât send a fancy template to 100 people and expect a reply. Send plain text emails that are short, and designed to start a conversation.
Each email you send needs to have unique customization, written specifically for the recipient.Â
For example, if youâre emailing the CEO of a recently funded startup in your area, you can mention that in your opening line to break the ice.
Hereâs a great example from AppSumo (see the campaign on Cold Outreach Templates).Â
They use attributes like first name, company name, and even your product category to customize their outreach emails.Â
If you received this email, chances are, youâre going to reply positively, or at least, be interested in hearing more because itâs clear that itâs targeted specifically to you
Cold email is a powerful acquisition channel for small businesses that lets you engage with your prospects without relying on paid ads, writing new content, or recording podcasts. You get to directly communicate with key decision-makers, making it highly effective â if you can master it.
Creating Foundations for Your Email Marketing Campaigns
1. Set Up a New Email Sending Domain and Warm Up Your Email
You use your regular email address for client and team communication, so you donât want to risk anything affecting it.
When starting any type of email marketing, itâs always best to set up a new email address on a new domain.
If your existing domain is company.com, buy an address thatâs similar, such as thecompany.com or company.io, and use that domain to send your emails from.
This sounds like a hurdle, but it wonât take long to set up. The main benefit here is that if something happens to the email address youâre using to send your marketing email campaigns (such as deliverability issues, or landing in the spam folder), it wonât affect the primary email address that youâre using for client communication.
When you set up your new email address, make sure to warm it up before starting your outreach. Email warm-up tools like MailFlow (itâs free to use) are ideal for anyone sending cold emails. MailFlow also offers a native integration with QuickMail, which is ideal for its users.
MailFlow will warm up your email address and generate engagement so your marketing emails are more likely to land in your audienceâs primary email inbox.
Over time, youâll be less likely to land in the spam folder and your emails will land in your recipientâs inbox more often.
2. Highlight The Best Reasons to Join Your Email List
People wonât join your mailing list without good reason.
Consider how youâll encourage people to join. Common motivators are downloads for free resources (like our example below).
eBooks, free resources, or other gated content are generally an effective way to build your subscriber base.
Theyâre often low-cost to create, which makes them ideal for small businesses without huge marketing budgets, and can offer huge value to your audience.
Keep in mind who your ideal customer is, what they care about, and optimize your email list-building strategies based on that knowledge.
As well as having opt-ins, you can add your existing customers to your relevant campaigns. If theyâre already interested in problems you can help with, most people will be glad youâre willing to share useful learnings and resources with them on a regular basis.
3. Review the Laws and Regulations You Need to Abide By
Email marketing is subject to various rules and regulations, including:
These dictate what type of content you can send, how you can send it, and who you can send it to.
For most small businesses, this can be as simple as adding an Unsubscribe option to your emails, and including a company address, but, make sure to review any rules that apply before kicking off your email campaigns.
These rules aren't there to stop your email marketing effortsâ they're there to cut spam, making email a better channel for everybody using it.Â
4. Pick Your Email Marketing Software and Set Up Campaigns
Thereâs a wide variety of email marketing tools out there. The key is to find one that fits your needs at a price point youâll see a return on investment on.
If you only need to send promotional emails to your existing list, software like Mailchimp is perfect. You can quickly get set up, and create emails from a variety of nice-looking templates.
But, if you want to set up automated, personalized email sequences to send to both existing customers and new prospects, then QuickMail is for you.
If you go with QuickMail, you can tap into features like:
Easy-to-use email creator
Ability to import prospects manually, from Google Drive, or from any other tool you use using Zapier
Native integration with deliverability tools to ensure every email lands in your recipientsâ inbox
Detailed analytics on how your email campaigns are performing
Collaboration by default, so you can work with your whole team on your email campaigns
Once youâre set up with your account, you can start creating email campaigns, importing your prospects and customer list, and scheduling your emails. You can get started with QuickMail on a free trial to see how our software can help you boost your email engagement at your small business.Â
Incorporating Cold Outreach into Your Strategy
When you start using cold email marketing to engage with new clients, you need to approach your strategy from a new direction.
1. Building Your Prospect List
Rather than building a list based on your existing traffic, youâll curate a list of prospects that match your ideal customer.
Common ways to find prospects include:
Finding people that match key criteria on LinkedIn
Attending events and trade shows
Joining Facebook groups for people in your target industry
Build your prospect list in a simple spreadsheet containing all of the key criteria you need to know about someone (grab our free prospect list template here to make this easy).
Once you have a prospect list ready, itâs time to craft the cold email youâll be sending to your prospects to start a conversation, and eventually, close new business.
2. Sending Personalized Emails
With regular email marketing, youâll end up sending similar emails to most people on your list.
When it comes to cold emails, you need to approach it as a one-to-one interaction, with each email being personalized in a unique way.
The simplest way to do this is to customize your opening line for every prospect. In your prospect list, add a new column titled âOpening_Lineâ.
In that column, write a personalized and unique introductory sentence for each prospect.
For example, letâs say youâre emailing a local business owner who recently won an industry award. In your opening line, you can highlight that you saw their achievement and congratulate them.
Instantly, your prospect will know that youâve done your research, and their trust in you will grow.Â
To ensure every email you send is completely personalized, make sure to use attributes in every email.
These take the information you specify in your prospect list and pull it into each email you send. This enables you to create a basic email template that then gets auto-filled with personalized information unique to every prospect youâre contacting.Â
You can choose from a range of commonly used attributes in QuickMail, or, create your own.
Considering 86% of B2B buyers expect salespeople to personalize their sales material, itâs essential that you customize every email you send. Youâll get more replies, and more engagement.
Personalization wonât slow you down, either. Using QuickMail you can automate the sending of your outreach campaigns, without compromising on personalization.
3. How to Ensure Your Cold Emails Get Replies
In your regular marketing emails, your call-to-action will commonly be:
A link to useful content
An invite to join a webinar
A link to a product page
In cold emails, you canât use call-to-actions that act like a hard pitch. If itâs the first time someoneâs hearing about you, focus on starting a conversation.
Some effective cold email call-to-actions include:
Do you have 20 minutes available for a call this week?
Is this a problem that you are facing currently?
Would you mind if I sent you a short video to explain how this may help?
In all of these examples, your prospect can reply with a short yes, no, or elaborate. Even if theyâre not immediately convinced that they want to work with you, if you can start a conversation and build a relationship, youâre off to a great start.Â
4. Tracking Your Campaign Performance
Cold email has different success metrics to traditional email marketing. In your newsletter, youâll optimize for clicks to the article youâve linked.
In a product promotion email, youâll be optimizing for conversions.
But, with cold emails, your goals are different. If youâre selling a product or service to someone thatâs never heard of you, theyâre not going to instantly convert and theyâre unlikely to click any links in your emails.
Instead, there are four useful metrics to measure:
Open rate: How many people are opening your emails?
Adjusted Reply Rate:Â Understand how many replies you get for every person that opens your email.
Positive Reply Rate: Understand how many people reply positively. Ignore replies such as ânot interestedâ.
Bounce Rate:Â A good metric to monitor if youâre landing in your prospectsâ main inbox, or in the spam folder.
You can measure how your cold email marketing is performing in your QuickMail dashboard.
You can set targets, then compare how your email campaigns are performing in comparison. When you find a campaign or template that works, you can start to scale it up and start getting more replies to your outreach emails.
Using Email Marketing to Engage and Nurture with Current and Future Customers at Your Small Business
Email marketing is a powerful channel that every business should be using today.
Using email gives you complete control over your communication with clients, prospects, and sales leads. Itâs one of the few channels where you have complete control over it â youâre not relying on other platforms giving you visibility.
You can use email marketing at your small business for transactional communication, sending invoices, receipts, or automated welcome emails. You can use it to nurture subscribers by sending them useful content and keeping them up-to-date on interesting news. Or, you can engage and build relationships with potential customers using personalized cold emails.
Whatever strategy you choose, youâll need the right tools for the job. If youâre ready to start creating and sending personalized emails on autopilot, make sure to start your free trial of QuickMail today.