New Year’s Resolution: Grow Your House List
Looking for the best email list? You may already have it. Here’s how to use and grow your house list.
Looking for the best email list? You may already have it. Here’s how to use and grow your house list.
Happy New Year!
Email lists are a hot topic. I keep hearing the same questions from ClickZ readers, my clients, and prospective clients: Where can they find new email lists to test? How can they tell if they are really opt-in? What can they do to maximize return from an outside list?
Like a Zen master, I answer their questions with one of my own: What about your house list?
Answers vary. Some don’t have a house email list. Others have a list, but the names are all clients or previous buyers, no prospects. A small number have some form of a house list, but usually its origin is murky (did these people really opt in?), it’s a static group (no growth), or they’ve been emailing it and the response rate is approaching zero (if it’s not already there).
Now it’s not that I’m against renting outside lists, but your house list is an asset you can’t afford to ignore. Conventional wisdom says your own house list will outperform just about any list you rent. It is a way for you to build relationships with prospects, not just market to them. And you can’t beat the cost — free. So before you give up on your musty old house list, put resources into growing and revitalizing it.
The First Step: The Offer
First you need a “carrot” — something to entice people to give you their email addresses. I recommend developing a free email newsletter. It should be editorial — not promotional — and focus on issues of importance to your prospects. It can also serve as the vehicle you use to communicate with your house list. (My colleague Debbie Weil has great advice on getting started with an e-newsletter.) Important: Limit your advertising (in-house and third-party ads) to no more than 40 percent of the content (some experts recommend no more than 20 percent), otherwise you’ll lose people who will view it as an email advertisement.
Growing Your House List
Once you have the carrot, there are many ways to grow your list. A few of the most common are:
Growing your in-house list will lessen your dependence on outside lists in the long run, thus reducing your costs. It’s an investment in an asset you can leverage many different ways. Make growing your house list one of your New Year’s resolutions. Here’s to 2002!