How to Build a Beloved Product Without Email Marketing

My co-founder and I consider his sister to be a trusted confidant. So when she told us that she’s uncomfortable providing her email address to companies—including ours!—and didn’t want more email clogging up her inbox, it made us stop in our tracks. 

Could this be true across the board? We dug into our data and quickly discovered that our users shared her sentiment.

Based on what we were seeing, we decided to take a risk. We stopped requiring users to provide an email address upon signing up—which ultimately meant that we ditched our email marketing efforts altogether.

In the time since we decided to stop our email marketing, our business has grown exponentially. Our account registrations went up by 53%, meaning our users were investing further in our site, increasing their chances of returning. 

Wondering how to encourage users to engage with your product again and again, without constantly popping in their inboxes? Here’s how we’ve done it.

Why we decided to stop collecting email

To give you some context, my co-founder and I operate a website called Solitaired, which ties classic card games to brain training. If I’m being honest, our user base was growing rapidly with email marketing. So you may be wondering why we decided to stop collecting email addresses, especially if it was working.

Before I go any further, it’s important to note that this strategy probably isn’t right for all businesses. In many cases, customers are more willing to give out their info when rewards are at stake, like discounts or sales. But our business doesn’t operate in that manner, which is just one of many reasons that we explored the possibility of pausing our email marketing.

However, we didn’t decide to ditch it without digging into our data even further. Before we made a final decision, we wanted to benchmark and understand the value of a sent email.  

To do so, we emailed a small subset of our users. Our open rate was great, at 37%, with a 7% click through rate. Both were above industry benchmarks, which was something we were really proud of. But when we took a closer look, we discovered that, even if we scaled our email campaigns, the users who received our emails represented a measly 1% of our overall revenue. 

We launched our second campaign a week later, and the story got worse. The open rate and click through rate dropped by more than half. Email blindness was setting in.

Armed with that data, and based on the initial feedback we received from my co-founder’s sister, we were also concerned about the potential annoyance of continuing these email campaigns. This was something we saw on a broader level. In general, open rates and click-throughs have decreased 45% since 2010 as users have become fatigued by email marketing and more concerned about their privacy.

This was more than enough data to suggest that…

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4 Ways Entrepreneurs Can Boost Their Mental Health

4 Ways Entrepreneurs Can Boost Their Mental Health [] (function(w,d,s,l,i){w[l]=w[l]||[];w[l].push({‘gtm.start’: new Date().getTime(),event:’gtm.js’});var f=d.getElementsByTagName(s)[0], j=d.createElement(s),dl=l!=’dataLayer’?’&l=’+l:”;j.async=true;j.src= ‘https://www.googletagmanager.com/gtm.js?id=’+i+dl;f.parentNode.insertBefore(j,f); })(window,document,’script’,’dataLayer’,’GTM-MM8GNSK’);]]> This website uses cookies to improve your experience. We’ll assume you’re ok with this, but you can opt-out if you wish. Cookie settingsACCEPT

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3 Better Questions than “Do You Know How to Lead?”

Many years ago our family hosted a foreign exchange student. On her application, she said she knew how to drive a car. That was important to us as she’d help shuttle our two young boys to school and other events in exchange for her living expenses.

What we didn’t know is that she didn’t know how to drive very well. She was awful. She’d driven only a few times in a country where traffic conditions were very different. While she had driven a car, she needed much coaching and practice with my wife or me to become proficient and safe.

With that in mind, how do you respond to the question, “Do you know how to lead?”

Or if you’re hiring someone for your team, is it enough to ask them if they know how to lead?

For yourself or a potential job candidate, there are three better questions that provide a clearer picture:

1. How well can you lead?

Few would aspire to be a marginal or mediocre leader. Even these leaders, technically, “can lead.” They just don’t lead well.

Go beyond experience and consider results. What evidence is there of effective leadership? How do team members evaluate the leader’s abilities?

2. Why do you lead?

When I ask someone why they want to learn to lead, the response is often, “It will enable me to earn more money and become promotable.” While that might be true, it isn’t a very good reason.

Great leadership is about making a difference and positively impacting others. And if you don’t have a higher purpose that career advancement, you’ll likely lack motivation when you bump up against challenges and problems.

You won’t exert the effort to become a better leader because your boss or I told you to do it. You will become a better leader when you desire to become one. And to be more than just “able to lead,” you’ll need a higher purpose.

3. How are you becoming a better leader?

Experience won’t make you a better leader, but learning from that experience–both successes and failures–will if you pay attention to and learn the lessons.

Here’s the point of the matter:

Anyone can lead if they choose. But limited experience (“time in the seat” of the leadership machine) will put you on par with our exchange student. She wasn’t lying, but she wasn’t completely telling the truth when she said she knew how to drive.

Take consistent action so that the next time you’re posed the question, “Do you know how to lead?” you can answer affirmatively and with confidence.

 

Mark Sanborn is an award winning speaker and Leadership Expert in Residence at High Point University, the Premier Life Skills University. For more information about his work, visit www.marksanborn.com. 

For a free assessment and information about The Classic Fred Factor online training and a unique opportunity to license the training, go to www.FredFactor.com.

Author: Mark Sanborn

Mark holds the Certified Speaking Professional designation from the National Speakers Association (NSA)…

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The Charming Personality Trait Linked To High IQ

The Charming Personality Trait Linked To High IQ post image

The trait is not normally associated with intelligent people.

People who are generous by nature have a higher IQ, research finds.

Generous people are unselfish and sometimes deny themselves so that others can have more.

Although generosity is not something people usually associate with intelligence, psychological research clearly shows a link.

Intelligent people may be more generous partly because they can afford it.

People with higher IQs generally have greater resources, or can expect to recover what they have given away later on.

The conclusions come from a study in which 96 people played games that involved either donating to others or keeping things for themselves.

The results revealed that intelligent people were more generous to others.

In contrast, those who kept more for themselves tended to be less intelligent.

The study’s authors used the results of SAT tests, which can be converted into approximate IQ scores.

They write:

“We find that subjects who perform better on the Math portion of the SAT [Scholastic Aptitude Test] are more generous in both the dictator game and the SVO [Social Value Orientation] measure.

[…]

Our results involving SAT scores […] suggest that measures of cognitive ability, which are less sensitive to the intrinsic motivation of the subject, are positively related to generosity.”

The study was published in the Journal of Economic Behavior & Organization (Chen et al., 2013).

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Episode 151: Using Marketing Data the Right Way with CEO and founder of Oribi Iris Shoor

The DigitalMarketer Podcast | Episode 151: Using Marketing Data the Right Way with CEO and founder of Oribi Iris Shoor The DigitalMarketer Podcast | Episode 151: Using Marketing Data the Right Way with CEO and founder of Oribi Iris Shoor 0; if (swpButtonsExist) { swp_admin_ajax = “https://www.digitalmarketer.com/wp-admin/admin-ajax.php”; swp_post_id=85749; swp_post_url= “https://www.digitalmarketer.com/podcast/digitalmarketer/marketing-data/”; swp_post_recovery_url = “”; socialWarfare.fetchFacebookShares(); } }); ]]>

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Here’s Why Market Timing is Everything When it Comes to Startup Success

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The Unalterable Law of Energy

The Unalterable Law of Energy

Low energy is fatigue. No energy is death.

Only 11% of us had a great deal of energy yesterday. Tom Rath

Healthy fatigue rests joyfully, but weariness dreads tomorrow.

Sad Fatigue gnaws at potential and corrodes resolve.

Success with energy, according to Gallup, is one of the five factors of wellbeing at work.

The five factors of wellbeing at work:

  1. Career wellbeing: You like what you do every day.
  2. Social wellbeing: You have meaningful friendships in your life.
  3. Financial wellbeing: You manage your money well.
  4. Physical wellbeing: You have energy to get things done.
  5. Community wellbeing: You like where you live.

Dangers of fatigue:

Fatigue gnaws at potential and corrodes resolve.

Energy is courage. “Fatigue makes cowards of us all.” Vince Lombardi

Fatigue opens you to the attack of enemies you defeated in the past. When your energy tank is low, you fall into destructive habits, say things you regret, and pollute the atmosphere.

Exhaustion makes you stumble on pebbles.

The unalterable law of energy:

Pouring out requires pouring in.

Pour in more than you pour out and live on the overflow. If you’re exhausted, the ratio of pouring out to pouring in is off kilter.

Tip: Meaningful work is pouring out and pouring in at the same time.

I asked an online audience to text me things that fuel their energy. I received over 350 messages. Here are ten.

  1. Meditation.
  2. Playing catch with my dog.
  3. Baking.
  4. Positive feedback.
  5. Prayer.
  6. Family get togethers.
  7. Time alone in the woods.
  8. Working out.
  9. Challenges.
  10. A good night’s sleep.

A little restoration goes a long way. Take a short walk.

A little discipline pays big dividends. Don’t overeat.

A little encouragement is fuel. Express gratitude.

Small improvements are confidence to look forward.

Tip: Find some friends that pour into your tank instead of draining it.

What gives you energy?

Added resources:

How to Fuel Tomorrow’s Energy Tonight

How to Manage Energy: 4 Out Of 10 Are Drained At Work



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Episode 1375 Scott Adams: Israel’s Clever Tunnel Decoy Plan, Masks Off For the Vaccinated, Checking Your Predictions

Quantcast {{options.learnMore}} {{options.dismiss}}’, ”, ”, ” ], cookieName: ‘dilbert_cookieconsent_dismissed’, readystate: ‘interactive’ }; ]]> Episode 1375 Scott Adams: Israel’s Clever Tunnel Decoy Plan, Masks Off For the Vaccinated, Checking Your Predictions – Scott Adams’ Blog ]]>

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