Email marketing remains one of the favored and rather lucrative means of engaging customers, driving sales, and enhancing a business’s popularity. Nevertheless, small business owners are invariably baffled by what it would cost for a digital marketing company to perform email marketing services for them. Knowledge of average price and what affects it can assist businesses as they make their decisions.
What Services Does Email Marketing Involve?
Still, let’s first look at what you get once you have hired a Digital Marketing Company for your Email Marketing Services. These services often include:
Crafting email content
Designing email templates
Managing mailing lists
Segmenting audiences
Automating campaigns
Looking at the outcome and targeting the following campaign. These can be complex tasks for a small business to manage independently, hence the need to engage with a marketing professional who can adapt different campaigns to fit a specific objective.
Average Costs of Email Marketing Services
This makes the price of Email Marketing Services depend on your business size, the complexity of your email marketing communication campaigns, and the ability of the Digital Marketing Company. On average, businesses can expect to pay:
Small businesses: $300 to $1,000 per month
Mid-sized businesses: $1,000 to $2,500 per month
Larger enterprises: $2,500+ per month
Unless you require ongoing services such as website maintenance, graphic design, or very low-priced merchandise sales services such as $4, you may pay between $100 and $500 for a specific project.
Factors Influencing the Cost
Several factors affect how much a Digital Marketing Company charges for Email Marketing Services:
Number of emails: High email frequency will lead to high spending levels.
List size: A more extensive list means more difficulties with handling and sometimes higher costs connected with mailing list management.
Automation and segmentation: Less complex integrations or additional tools such as automatic signals and audiences cost extra, as they encompass more excellent expertise.
Custom designs and content: Sophisticated, branded email templates and personalization can be cheaper, but as a rule, they are more expensive solutions.
Is the Investment Worth It?
Specifically, email marketing is one of the most effective means of generating revenues, generating $36 in profit for every $1 invested. In the case of businesses, spending on email marketing services offered by a digital marketing company means that the promotions are crafted to achieve high open and click-through rates and conversions; they remain an expense worth undertaking.
Wrapping Up
As with all services, the costs of Email Marketing Services may differ, so working with a Digital Marketing Company will provide benefits, from time-optimization to better results and added customer experience. In fact, with scaled value-added margins to businesses of all sizes, this service can be rather valuable.
Read It: Is Digital Marketing Services Worth for Small Businesses?