Social Nets vs. Email

March 10, 2009 on 11:17 am | In Advertising, Consumer Behavior, Customer Retention, Email Marketing, FaceBook, Marketing, Social Media, social media marketing best practices project, Tools | No Comments

A new Nielsen study shows that social networks have overtaken email as the most popular online activity. Says a story in Adweek,

Active reach in what Nielsen defines as “member communities” now exceeds e-mail participation by 67 percent to 65 percent. What’s more, the reach of social networking and blogging venues is growing at twice the rate of other large drivers of Internet use such as portals, e-mail and search.

No real surprise there. Email is maturing. It has settled into its niche as an excellent longer-form instantaneous communication tool.

How mature? Friend Mark Harrison and I were discussing this recently. Email has become so mature that spam has decreased in our inboxes. Now, we’re starting to see spam infiltrate social media. When spam arrives, so has your medium. You can learn a lot from spammers. But that is a topic for another day.

Eventually, every medium finds its place. Radio didn’t kill newspaper and magazines. TV didn’t kill radio. The web didn’t kill everything else. I’m still a believer in the power of email, as I’ve said on numerous occasions.

Email is a superb customer retention tool. I think its effectiveness in acquiring new customers is suspect. Smart businesses use email to keep customers informed, reinforce their brand and to drive traffic to stores or their online presence. In 2008, the average return on investment for email was $45 for every $1 spent for an ROI of 4,400%. Sounds like email is working to me.

The best marketers have figured out how to integrate all the communication vehicles. Remember, there is a time and season for all things. Do it right and you win.

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