Key takeaways
- Email marketing delivers higher ROI and should be the centrepiece of your digital strategy, supported by social media.
- Social media offers massive reach and daily engagement (2 billion active accounts, 4.5 billion Facebook likes/day, 500 million tweets/day, 70 million Instagram uploads/day, 5 billion Google+ hits).
- Typical email ROI cited in the post: mid-size businesses ~246%, smaller businesses ~183%, enterprise-level ~117%.
- Best results come from integrating channels: reuse content across inbox and social audiences and promote each channel to the other.
- Tactical integrations: add social share buttons to emails, use Facebook’s opt-in feature to grow lists and call out cross-platform access on your blog.
Introduction
If there’s one thing you can count on in the digital world, it’s that most communities on the Internet love a good argument. When it comes to weighing the merits of email marketing and social media against one another, this adage holds strong with endless debates promoting both sides of the discussion. Unfortunately, for brands that are trying to fit both of these processes into an optimized and streamlined marketing strategy, this constant arguing doesn’t come close to answering the big question on everyone’s mind – which path is better for your company? To answer this dilemma once and for all, and ensure you’re not wasting a single dollar of your digital marketing budget, let’s delve into the benefits of both email marketing and social media management to see which one comes out on top.
The Power of Social Media
Since we primarily deal with email marketing, let’s start off with the challenger to the throne, social media. As marketing expert Jeff Bullas explains on his personal blog, there’s plenty that social media management has going for itself in terms of reach and potential benefits. For starters, there are currently over 2 billion active social media accounts on the web.
If you’re looking to dig a little deeper, this equates to a daily total of 4.5 billion likes on Facebook, 500 million tweets on Twitter, 70 million photo uploads to Instagram. Google+ also has an astounding 5 billion +1 button hits in this same time-frame. Needless to say, in terms of activity, it’s hard to deny that the world of social media is virtually humming with prospective clients and other interested parties.
Making the Case for Email Marketing
Of course, email marketing has plenty going for itself as well. In his look at the virtues of reaching out via the inbox, Stewart Rogers of Venture Beat points out that some sectors of this approach – namely mid-size businesses – enjoy an average return on investment of around 246 percent on the initial cost that goes into email marketing. For the smaller and enterprise-level businesses out there, these statistic still hits a more than impressive level of 183 and 117 percent, respectively. As Rogers so eloquently puts it, email marketing is still the king when it comes to sheer impact, even if social media is a more expansive platform.
Which One’s Better for Your Brand?
So with this knowledge on hand now, it’s time to drop your social accounts and go all in on email marketing, right? While this kneejerk reaction seems right, Business 2 Community’s K.C. Claveria explains that it’s not exactly the best way to approach the situation.
Yes, email marketing offers up the biggest bang for your buck. In fact, Claveria points out that it should stand as the centerpiece of your digital strategy if you’re truly looking to maximize your impact with potential clients and consumers. However, email marketing operations truly thrive when you nurture and support these campaigns via secondary methods – like proper social media management.
Moving Forward with a Smart Plan
In order to get the most out of these two complementary outreach tools, it’s time to rethink your take on the discussion. Instead of worrying about which one is best, try to focus on promoting both platforms to the best of your abilities. As Pamella Neely of Web Marketing Today suggests, this all starts with finding simple and effective ways to integrate social media with your greater email marketing plans.
For instance, finding common ground between your inbox and social consumer segments can serve as the impetus for developing content for both groups. Once you have these offerings in hand, don’t be shy about letting each branch of your online community know that access to other similar selections can be had by joining the opposite platform. Acknowledging both outreach methods via your blog keeps this newly integrated trend moving in the right direction.
Additionally, you can also incorporate social share buttons on your email content as a way to help the truly stellar messages go viral with new online audiences. Even doing something as simple as using Facebook’s built-in opt-in feature can drive more traffic to your email contact list.
The big point to take away here is that as long as you’re willing to explore new territory, there’s no reason why you can’t bolster the reach of your inbox initiatives with the support of savvy social management practices. Considering how important both are to your digital prospects, it’s easy to see why getting behind these approaches can do wonders for your connection to the consumers that matter most.
FAQ
Email marketing produces a higher return on investment and should be the centrepiece of your digital strategy. ROI ranges for mid-size businesses are ~246%, smaller businesses ~183% and enterprise-level businesses ~117%.
Integrate by finding common content for both inbox and social audiences, promoting each channel to the other (ask social followers to join email and vice versa), adding social share buttons in email content, using Facebook’s built-in opt-in feature to drive email sign-ups and calling out cross-platform access on your blog.
No. Avoid abandoning social. Email should be the centrepiece, but social media supports and nurtures email campaigns by expanding reach and helping acquire subscribers.
There are over 2 billion active social media accounts, 4.5 billion Facebook likes daily, 500 million tweets daily, 70 million Instagram photo uploads daily and 5 billion Google+ hits in the same timeframe.
Use social share buttons inside email messages so strong content can spread and employ Facebook’s built-in opt-in feature to drive traffic to your email contact list. Also promote cross-access on your blog and reuse content for both audiences.
The strongest ROI is for mid-size businesses (~246%), with smaller businesses at ~183% and enterprise-level businesses at ~117%.