Nope they are not! Although e-newsletters are more difficult to deliver to the end user than they used to be, they are certainly not dead. In fact for me, many of my clients come to me from my own e-newsletter. I typically will hear, “I’ve been getting your e-newsletter for a while, and now I need xyz and thought to call you.”
I do a monthly e-newsletter and try to keep what I blog about separate from my newsletter so that there is real value to someone subscribing to it. I do not want the two vehicles to be the same. I use my e-newsletter sometimes to flesh out a point or topic in more detail than I do in a blog post.
Yes, it does take time and effort to create a newsletter but with now over 1,200 subscribers it is a wonderful vehicle to keep in touch with past clients, current clients, and prospects. One of my clients, who was a top long term care insurance client, told me that you need to keep your name in front of a client at a minimum of four times a year to continue to build business with them.
Additionally, it is typically less costly to work your existing client base to increase your sales than to bring in a new clients. I feel that it is important to have a mix of both approaches; always reaching out to new clients and making sure that older and existing clients know what you have to offer and of any new services you add.
I tell customers who do an e-newsletter to make sure you offer value. There is no faster way to be blocked from inboxes if all you do is talk about yourself. If you offer value in regards to tips, information that your audience really wants to know, and soft sell your services in a winning way you will grow your subscriber base.
Even if you don’t have an e-newsletter right now, I strongly recommend that you update your privacy policy on your website to cover that you will keep email addresses if a prospect contacts you and you will use it for your own marketing. I also recommend capturing email addresses of current and new customers. This way if at a point in the future you want to do an e-newsletter you are building your own list. The days of being able to buy an email address list and being able to use that to springboard your own e-newsletter are long gone.