Marketers are beginning to realize how effective email marketing can be as a tool for their marketing campaigns. Email can reach multitudes of people, much more than other traditional methods, and it’s one of those things that consumers check every day, just like their social media accounts. Here are a few email marketing statistics to prove that it is an effective strategy to add to whatever else you’re doing to get your message out there.
Total Potential Email Reach and Demographics:
There are roughly 245 million email users worldwide, and about 90% of them check their email every morning before going to work. Smartphones enable users to check their email by phone, so everyone has one or more methods for checking their email. So, you have the potential to reach 245 million consumers with your message. Of course, these won’t all be targeted prospects, but some might.
According to email marketing statistics, The demographics for your perfect customer may be adults between 30 and 65, male or female, living in a suburban city, and earning $50,000 or more per year. No matter what groups you target, optimizing your emails for mobile and desktop ensures a better conversion rate.
Often someone will check their email on their phone and then read the rest of the email at home. They may delete the whole message if they can’t open it on their phone (not optimized for mobile) or it doesn’t load right. You will have lost out on the opportunity to market to a large group of people.
Many people search the internet, shop, and get directions using their mobile phones. And another benefit is that users rarely leave the house without their phones, so that you can market to them anytime. Of course, the best time of day for your audience will be when they are most active on the internet and social media.
The Effectiveness of Email Marketing:
It is estimated that email marketing is 40% more effective than social media. And they end in purchases 3 x more than social media referrals. 47% of digital marketers consider email marketing the most effective marketing channel (33% for SEO, 33% for content marketing, and 39% for social media).
Besides using email to promote your company’s products or services, you can use it for many other things as well. Email marketing is effective since it has an excellent click-to-open rate. With more care given to how emails are designed and crafted, more and more messages get opened, and people visit the website more than other methods.
72% of customers say email is their preferred method of communication. They would rather receive an email than be contacted by phone or direct mail. Email messages with a reasonable click-through rate are hitting their target, and their success can be duplicated for other projects. Let’s check the email marketing effectiveness statistics.
Here is an example of the email marketing benchmarks for 2020:
- 18.0% is the average open rate:
- 2.6% is the average click-through rate
- 14.1% is the average click-to-open rate:
- 0.1% is the average unsubscribe rate
Is there a Best Day to Send an Email?
Surprisingly, yes. It was determined that Tuesday and Saturday are the days with the highest number of emails. Tuesday, Wednesday, and Thursday are typical email days, with Monday and Friday being avoided.
Tuesday and Thursday are Prime Days
Weekends typically don’t do very well since most people disconnect on weekends to spend more time with family and doing things outdoors. Mondays are too busy, and Fridays, people are trying to get out of the office and go home. Some people also ask if there is an excellent time to send an email message.
Well, the estimate is around 2 – 3 pm. But this may or may not work for your audience. You need to test it out and see what time works better for your audience. They may have different habits and read emails earlier or later in the day.
What Age Group Uses Email Marketing the Most?
Roughly 90% of email users are between the ages of 15 and 24. The next group is 30 – 49 and 65 and over. Younger people indeed tend to use technology more than traditional methods of communication. Plus, electronic communications cut down on waste and recycling costs. Many people would instead get an email than a letter or text. It is faster and easier to send someone an email than to write a letter to be mailed.
Regarding business, 93% of B2B marketers use email to distribute their content. They have utilized email to their advantage because it has so many uses.
B2B Email Marketing Statistics and Benchmarks:
- Saturday (16.2%) is the day with the lowest email open rates
- Days with the lowest click-through rates are Wednesday and Saturday (2.4%)
- Sunday and Tuesday (14.6%) are the days with the lowest click-to-open rates
- The day with the highest unsubscribe rates was none (0.1%)
How Well Does Email Marketing Work in 2021?
- 21% of emails are opened within the first hour of delivery.
- The ROI for Email marketing is 4200% ($42 for every $1 spent).
- B2B marketers prefer email for lead generation 59% more often.
- Email converts 40% better than marketing on social media like Facebook and Twitter.
- 40% of B2B marketers claim that email newsletters are the most used strategy in their marketing campaign.
The data presented here should convince you that you need to use an email marketing platform(Blue Dot Email) to increase your conversion rates for 2021 and beyond. The quality of emails going out is getting better, so there is less spam to clutter our inboxes, and more emails get opened and read by your target audience.
Contact us now for further email marketing statistics 2021 queries.