After a year of blogging, I stopped building an email list. I know crazy…right. The main reason was I just lost focus.
I wasn’t quite sure what to do with all of these emails I was collecting.
I wasn’t reaching out to them like I should. I was afraid of people unsubscribing if I sent out an email that didn’t go over well.
I was paying $30 a month at the time to Aweber and wondering if it was worth it since I wasn’t doing much. For all those reasons…I quit.
About 6 months later, I woke up from my ‘stupid coma’ and began to put some energy and effort back into list building. So many gurus were saying, “the money is in the list.” They were also saying that you should be making $1 per subscriber each month.
That just wasn’t happening for me.
Over time, what I have come to realize is the money is in providing real value for your list not in just collecting a bunch of emails. They are not going to give money to people they do not know, like, trust or ever hear from. It is relationship building 101. While I am still learning, I see an incredible amount of importance today in building an email list. It is not optional.
3 Email List Insights from the MailChimp Research Team
We love using MailChimp. It is what Bob and I use to collect email addresses on all of our blogs. The other day I came across a super helpful page where the research team at MailChimp released some data related to email lists. I want to walk you through a few of these and why we are going to test these insights out on our own blogs.
You always want to test things out for your particular niche. You may not have a typical customer base. However, if you do not know where to start, then start with the following suggestions.
When is the best time of day to email your list?
According to all of the data that has been collected by the MailChimp research team, the time of the day that gets the most “open rates” is 3:00 in the afternoon. Majority of the open rates happen after 12pm and the highest activity is between 2-5 pm.
Take a look at the graph below to see what I mean. In general, try sending out emails in the afternoon and see if it improves your open rates.
What is the best day of the week to send out your emails/newsletter?
Do you have a newsletter? If not, the easiest way to do this is by using the MailChimp RSS Email List Option. Mailchimp will automatically generate a weekly newsletter for you with any new blog posts that have been published by you. Links, pictures, and excerpts all get included in your email.
If you are on our weekly newsletter list, then you already know how this works. If not, you can sign up here and get some free blog goodies.
The best time of the week to email your list appears to be on Thursdays. Thursdays have an average 19% open rate on emails sent out that day. The second best day is Wednesday with Tuesday not far behind. The lowest day of the week for open rates is Sunday, followed by Saturday.
When is the highest engagement on your list?
There is no question that the highest engagement on your list is right after they have subscribed. With an almost 25% open rate during the first 30 days of signing up, you need to deliver your best stuff right up front. Many do this by setting up autoresponders. An autoresponder is an email you set up to be automatically delivered after a certain number of days upon signing up.
After 4 months, that engagement factor has dropped below 6%. That doesn’t mean that all of your email addresses older than 4 months are worthless. It just means that you have to win people over in the first 30 days of being on your list in order to keep them engaged long term.
I am personally going to start implementing some of the insights I have received from this page. I’ll follow up in the days ahead and let you know how it has worked for me.
Question: When to comes to building & maintaining an email list, what tips or strategies have worked well for you? Please comment below.