Fan Base versus House List: Where’s the Value?
May 10th, 2010 - Posted in Social Media Marketing, Solution Provider Services by Tim Freestone
For internet marketers, nothing compares in value to the house list. It’s gold. You know that you can blast an e-mail and count on a certain conversion rate, yielding a comfortable predictability to your revenue stream. Yet, there are limits to e-mail marketing. After a while, you have to limit your campaigns, for fear of winding up in a spam folder or seeing the unsubscribes tick up. You’re ability to interact with your most likely buyers, therefore, is inherently constrained. Social media platforms can cut the ties that bind, however, and bring new flexibility to your internet marketing efforts.
Doubtless, direct pitches to your fan base will eventually meet with the same malaise triggered by e-mail saturation. So, keep your blasts to a minimum. Instead, use other methods to attract the attention of your fans or followers — which is effectively your social media “house list” — and you can stimulate buying activity much more often.
