To be effective with emails, simply follow the golden rule. Send out the kinds of emails you'd like to receive. What gets you to open an email? Most people say it's a compelling subject line. That only gives you around 50 characters to create a big impact, so here's where to focus your effort.
Steps to Writing a Great Email Subject Line
1. Take your time. Don't just throw some words into the email template. Take the time to play with a few approaches and see which are the most compelling.
2. Make it personal. Subject lines with the subscriber's first name always work better. Referring to their tastes, preferences or purchase history can also work well. If you can, use the name of your company. Experts say these personalized subject lines can increase open rates up to 64%.
3. Study the newspaper. News headlines use just a few words to highlight the most important part of a story in a compelling way.
4. Include as much relevant info as you can. Adding offer details, product names and other info will increase open rates, as long as you keep it short.
5. Give them a deadline. Adding urgency to your subject line boosts open rates. If you have a short-term offer, do a series of emails. Announce the deadline and then follow up with "just 24 hours left."
6. Be brief. Cut out words you don't need. Try eliminating greetings, articles, adjectives and adverbs. Just clearly say what action to take. Try to raise curiosity while promising a benefit.
7. Be alert for spam filters. It's key to be urgent and compelling, but avoid expressions like: FREE!!!, URGENT!, Best Deal$, Save $$$ or any other spam type terms. Such crass appeals rarely work anyway.
8. Do A/B testing if you can. Some email service providers offer A/B testing to see which subject line works best. A couple of days before a big send take a portion of your list and test subject line options. Then use the winner for your major send. A line with as little as 8 or 9% better open or conversion rate can have a huge impact on long-term ROI!
9. Some final questions. Before you hit "send," ask yourself:
- If a benefit is implied in the subject line, does the email follow through on that?
- If the email is about saving the reader money, is that reflected in the subject line?
- If the email is about improving the reader's life, is that reflected in the subject line?
This e-mail is an advertisement for Dan Davidson. The material provided is for informational and educational purposes only and should not be construed as investment and/or mortgage advice, or a commitment to lend. Although the material is deemed to be accurate and reliable, there is no guarantee of its accuracy. The material contained in the newsletter is the property of PrimeLending; A Plains Capital Company and cannot be reproduced for any use without prior written consent. It is designed for real estate and other financial professionals only. It is not intended for consumer distribution. The material does not represent the opinion of PrimeLending; A Plains Capital Company. © 2011 PrimeLending, A PlainsCapital Company. Trade/service marks are the property of PlainsCapital Corporation, PlainsCapital Bank, or their respective affiliates and/or subsidiaries. Some products may not be available in all states. This is not a commitment to lend. Restrictions apply. All rights reserved. PrimeLending, A PlainsCapital Company (NMLS no: 13649) is a wholly-owned subsidiary of a state-chartered bank and is an exempt lender in the following states: AK, AR, CO, DE, FL, GA, HI, ID, IA, KS, KY, LA, MN, MS, MO, MT, NE, NV, NY, NC, OH, OK, OR, PA, SC, SD, TN, TX, UT, VA, WV, WI, WY. Licensed by: AL State Banking Dept.- consumer credit lic no. MC21004; AZ Dept. of Financial Institutions- mortgage banker lic no. BK 0907334; Licensed by the Department of Corporations under the California Residential Mortgage Lending Act- lender lic no. 4130996; CT Dept. of Banking- lender lic no. ML-13649; D.C. Dept. of Insurance, Securities and Banking- dual authority lic no. MLO13649; Illinois Residential Mortgage Licensee, IL Dept of Financial and Professional Regulation, - lender lic no. MB.6760635; IN Dept. of Financial Institutions- sub lien lender lic no. 11169; ME Dept. of Professional & Financial Regulation- supervised lender lic no. SLM8285; MD Dept. of Labor, Licensing & Regulation- lender lic no. 11058; Massachusetts Division of Banking– lender & broker license nos. MC5404, MC5406, MC5414, MC5450, MC5405; MI Dept. of Labor & Economic Growth- broker/lender lic nos. FR 0010163 and SR 0012527; Licensed by the New Hampshire Banking Department- lender lic no. 14553-MB; NJ Dept. of Banking and Insurance-lender lic no. 0803658; NM Regulation and Licensing Dept. Financial Institutions Division- lender license no. 01890; ND Dept. of Financial Institutions- money broker lic no. MB101786; RI Division of Banking- lender lic no. 20102678LL and broker lic no. 20102677LB; TX OCCC Reg. Loan License- lic no. 7293; VT Dept. of Banking, Insurance, Securities and Health Care Administration- lender lic no. 6127 and broker lic no. 0964MB; WA Dept. of Financial Institutions-consumer lender lic no. 520-CL-49075. PrimeLending, A PlainsCapital Company is an Equal Housing Opportunity Lender. NMLS# 10331
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