In short, renting an email list basically means to purchase a third-party list with a pre-arranged number of emails for you to use in your online marketing campaign. Of course email list renting can differ greatly with some agreeing to deliver up to ten emails a week to a specified email address while others may only agree to send you three emails per week. Whatever the case may be, email list renting is a great idea for anyone who wants to quickly build up a responsive mailing list.
There are a lot of benefits that come with email list renting. For one, it can be cheaper since most businesses charge per email sent and not per person or contact in the list. The cost is split between the business and the service provider so there's usually no loss of money. Plus, since you don't have to purchase the list and do not have to worry about maintaining a huge inventory, one can save money in this manner as well.
One benefit of renting email lists is getting feedback from your potential customers. If you ask a large number of people for their opinions, you get a lot of valuable data. This will allow you to improve your offers, make your sales pitch more appealing and ultimately, increase your market share. So if you're looking to expand your business and drive more traffic to your website, email list renting is a very ideal customer relationship management technique.
Another advantage of email list renting is flexibility. You can easily change the contents of your lists as often as you want or need to. If you want to send out a particular kind of product announcement, then you can do that. If you'd like to send out a newsletter that offers some special deals, then you can do that as well. With such versatility, you can easily respond to any customer changes and manage your email lists accordingly.
Lastly, email list management through renting email lists gives you the freedom to manage your lists more effectively. It also allows you to focus on other aspects of your online business. There's no need to concern yourself with the management of your email lists because you can hire professionals who will take care of it for you. For instance, you can hire an SEO expert to optimize your site and your ads, or a copywriter to craft compelling content materials and emails for your target customers.
There are some disadvantages in renting email lists though. One disadvantage is the cost of maintaining the list. In most cases, online marketers who rent their lists pay a monthly fee to email list brokers who maintain the list for them. These fees may vary depending on the broker, but a good way to check is to inquire from your potential clients if they are willing to pay for the service you are offering them.
It is important that you have a clear understanding of the services you plan to provide before renting any email list. If you're planning to use only one contact list to promote all your products and services, then it is important to know how you plan to manage it effectively. If you don't know how to schedule follow-ups, then you won't be able to maximize your marketing campaign. Aside from that, if you fail to deliver the emails regularly, you may lose your clients. Make sure that when you are renting email list, you will be dealing with a reputable company. Find out if they follow delivery schedules, provide good support, and answer questions quickly.
The benefits of email list renting far outweighs the cons when done properly. You can easily create and develop effective campaigns without spending a lot of money and time. Most importantly, you can avoid wasting your time by renting the lists from professionals. Don't be intimidated by starting your own lead lists. Once you get the hang of using email list provider, you can easily create powerful email marketing campaigns that will make the difference between success and failure. Find out how to choose the best email list provider below. |