Why Email Marketing Matters in Affiliate Marketing
Affiliate marketing is all about building trust and relationships with your audience. You can’t just showcase products; you have to first become their trusted advisor who can help them make informed decisions.
Email marketing can help you do that in many ways including these –
- You build direct connection- Unlike social media posts that can get lost in algorithms, emails land directly in your subscribers’ inboxes. It’s a more personal and reliable way to connect.
- You build trust- Through regular, valuable emails, you establish yourself as an authority in your niche. Subscribers start relying on your recommendations, increasing the chance they’ll convert through your affiliate links.
- You can do very targeted communication- You can segment your email list based on interests. This helps you send highly relevant content and product offers, leading to better engagement and click-through rates.
All of these factors combined help you nurture leads and increase your sales conversions.
Studies also support the fact that email marketing has the highest ROI (returns on investment) than any other marketing channel.
Quality Over Quantity: Building a Targeted Email List
However, a popular myth about email marketing is that more subscribers equals more conversions. But that’s not always the case. In affiliate marketing, the quality of subscribers is what matters the most.
A large list filled with uninterested subscribers translates to low open rates and clicks, which is a nightmare for marketers. Instead, you want a targeted audience who’s genuinely interested in your niche and the products you promote.
If you have a large subscriber base, you are bound to send generic emails to be relevant to everyone. As a result, people won’t resonate deeply with them and won’t convert.
Besides, if you keep sending the wrong emails to the wrong people, they are most likely going to unsubscribe.
Thus, it’s true that you don’t always need a million email addresses to ace affiliate marketing. Even a small list of just a thousand highly engaged audience might power your cause!
So, how should you build an email list for affiliate marketing? Well, here’s how.
Identifying Your Ideal Customer
Before you start scraping hundreds of emails available on the internet, understand who you want to reach. This goes beyond demographics like age and location.
So here are some things you can consider to build your targeted audience persona.
- Needs and pain points- In Neil Patel’s words, “To have an impact on your audience, you must understand their pain points.” Understand what problems you are solving and who might need that solution.
- Interests- What content do they consume? Where do they hang out online (social media platforms, forums)?
- Values- Lastly, understand what will drive their purchase decisions. Understand their aspirations and goals.
By creating a detailed buyer persona of your ideal customer, you can create tailored content. Your offers will become more lucrative, and your overall marketing strategy will work better.
You can check out some online resources to get an idea of how to build an ideal user persona.
Crafting Compelling Opt-in Offers
The Opt-in offers are like baits that hook your subscribers to your email list. So once you have the subscriber persona in mind, find a resource that they will value a lot.
You can then barter this resource in return for their email address.
Here are some tips to create a compelling opt-in offer.
- Give real value: Offer something genuinely useful and relevant to your ideal customer’s needs. This could be an ebook solving a common pain point, a cheat sheet summarizing key industry insights, or exclusive discounts on relevant products.
- Focus on your niche: The opt-in offer should directly relate to your niche and the affiliate products you promote.
- Keep The benefits under the spotlight: Show them the benefits they’ll get from your opt-in offer. This is called Reciprocity Marketing.
It is an age-old technique in marketing where the company does something good for the consumer and in return the customer feels the need to do something good for the company.
- Keep it simple: The offer description and process should be easy to understand and follow.
- Create FOMO: Keep the offer for a limited period to create a sense of urgency.
Strategic Placement of Opt-in Forms
Once you have your opt-in offer ready, it is time to place it where your targeted audience is most likely to see it. Depending on your audience base, here are some tips to place them effectively.
- Use High-Traffic Pages: You can place opt-in forms on pages with high traffic, such as blog posts relevant to your offer, landing pages specifically designed for the offer, or your website’s homepage.
- Have Content Relevance: Match the opt-in offer to the content on the page. For example, if your blog post discusses healthy recipes, an opt-in for a free e-cookbook would be highly relevant.
- Make It Visually Appealing: Design your opt-in forms to be visually appealing without being distracting/annoying. A clear call to action (CTA) button and a concise explanation of the offer are essential- that’s it!
- Variety in Placement: You can experiment with different opt-in form placements, such as pop-ups, sidebar widgets, or embedded forms within your content. A/B testing can help you determine which placements generate the most sign-ups.
Engaging Your Audience: Strategies for Effective Email Communication
Building a targeted email list is just the first step. To take advantage of the list, you need to engage with your audience and nurture those relationships.
If you are doing email marketing, then it has to be through effective email communication.
So here’s how you can make your emails less promotional and more believable.
- Value First, Promotion Second: Focus on providing valuable content to your subscribers before promoting affiliate products. This will build trust and establish you as a reliable source of information in your niche.
- Relationship Building: Your emails should foster a sense of connection with your subscribers. Use a friendly and conversational tone, address them by name (when possible), and respond to their questions and comments.
- Solid Subject Lines: Craft subject lines that pique your subscribers’ curiosity and compel them to open your emails. Use strong verbs, highlight benefits, and keep it concise to avoid getting cut off in inboxes.
- Compelling Content: Don’t just sell; tell stories! Use engaging storytelling techniques, case studies, and relevant data to make your emails informative and enjoyable to read.
- Personalization Power: Personalize your emails whenever possible. Use subscribers’ names, reference their past purchases or interests, and segment your list for even more targeted communication.
Know that the secret of successful email marketing is segmentation. Segmentation helps you send targeted messages based on demographics, interests, or even purchase history.
To do that, you can use email marketing tools like Mailvio that come with great email segmentation and automation features.
With this, you can even design visually appealing emails, manage your subscriber’s list, automate email sequences and much more.
Beyond the Numbers: Measuring Email Marketing Success for Affiliate Marketers
Now that you know that the length of your email list doesn’t matter much, how do you know if you’re doing good at email marketing? To analyze the success of your email marketing, you need to first learn about the email marketing metrics.
These metrics are as follows.
Open Rates
The name pretty much gives the idea of what it is. The opening rate indicates the percentage of subscribers who actually opened your email. For example, if you have 1000 subscribers and only 300 of them open your emails, you have an opening rate of 30%.
A high opening rate suggests that you are doing good at writing compelling subject lines.
Open rates can be different for different niches, so make sure you research industry benchmarks for your niche.
To improve your subject lines, you can do A/B testing in smaller batches and see which one gets more open rates. You can also monitor open rates across different subscriber segments as different demographics can have different liking.
Click-through Rates (CTRs)
The click-through rate indicates the percentage of people who clicked on the links you’ve put inside the body of the email. It helps understand how good you are at influencing your audience and make them take action.
To get better CTRs, you experiment with link placements. But make sure your email content aligns with the product you are promoting.
Conversion Rates
Conversion rate is the ultimate metric. It represents the percentage of clicks that completed your desired task. Now this action can be purchasing a product/service or signing up somewhere.
The difference between CTR and CR? CTR is like bringing the customer to your shop and CR is making them buy something from your shop.
To have good conversion rates, you first need to ace the previous two metrics. Once that is done, you can follow some simple steps to boost conversion rates.
- Give them a smooth user experience.
- Show them what you actually advertised.
- Give them a good offer.
Conclusion: Building a Sustainable Affiliate Marketing Strategy with Email
Email marketing is a powerful tool used correctly. We hope you understand that it is more than just collecting email addresses and blasting them with your affiliate emails. To get more conversions, you have to build an audience that is genuinely interested in your niche.
Once you find them, provide them with regular value to build trust. The more they trust you, the more they’ll engage and interact with your affiliate content.
Understand your audience and their needs so you can have punchy subject lines that you know will interest them. Don’t forget to track metrics like open-rates, click-through rates and conversion rates to see if you’re on the right path.
So what are you waiting for? Follow this guide step by step and take your affiliate marketing strategy to the next level with the power of email marketing.
FAQs
Q. How many email list do I need to get sales from affiliate marketing?
- You don’t need multiple email lists. You can simply build a single, high-quality, targeted email list, and you’ll be good to go.
Q. How to build an email list for affiliate marketing?
- You can use different tactics to build your high-quality email list. The most popular way of building a high-quality list would be using lead magnets. This includes resources like ebooks, cheat sheets or exclusive coupon codes.
Q. What are the best lead magnets for affiliate marketers?
- Some of the most effective lead magnets for affiliate marketing include ebooks, cheat sheets, webinars, masterclasses, and exclusive discounts.
Q. How to write a good subject line for affiliate marketing campaigns?
- Here are some tips on how to write a good subject line for affiliate marketing campaigns. Keep it concise, use strong verbs that pique curiosity, personalize if possible, and do A/B testing before using.
Q. What email marketing metrics do you need to track for affiliate marketing success?
- You need to track the open rates, click-through rates, and conversion rates to measure the success of an affiliate marketing campaign.