We are now entering one of the busiest and most expensive times of the year for digital marketing. While conversion rates skyrocket, so will customer acquisition costs, including the value of an email address. Email marketing is the most effective marketing channel, outperforming all online marketing strategies including SEO.
Almost 90% of Black Friday and Cyber Monday purchases are made by customers who open an email before the holidays, making it critical to start building your email list. In fact, 56% of the revenue a single email address generates is realized in November and December. So this begs the question what is the most effective, affordable way to collect email addresses before the holidays?
Our answer: Launch an athlete giveaway campaign in October
How it works:
Since most people don’t buy right away, this email building campaign is a sure-fire way to grow a vetted audience and reach out to them for free during the holiday season when other paid marketing channels are extremely costly. Working with an athlete aligned to your product not only helps you build a relevant email list, but it also increases your brand affinity and social proof.
With November just 30 days away, now is the time to launch your giveaway campaign and grow your email list. One the benefits of OpenSponsorship is that we’ve shortened the typical athlete deal flow from 3 months to 2 weeks so you can start working with an athlete immediately.
Ready to build your email list and crush Black Friday and Cyber Monday sales?
A member of our team will reach out to you shortly!