From my perspective, blogs are better than e-newsletters. Many clients are surprised to find out that they will typically only have between a 10% to 35% open rate with e-newsletters. The reality is that it is simply getting more and more difficult to have your e-newsletter appear in someone’s in box and not their junk mail folder.
Blogs allow for the same type of contact with clients, prospects, and visitors without the person having to share their email address. In my own case my e-newsletter subscriber list is over 1,000 but typically on any given month under 100 people will actually open and read my monthly e-newsletter. In comparison nearly 20% of my website traffic will stop in visit and read my blog.
I still do a monthly e-newsletter, but now use it for a platform for special features, tips, and longer newsy articles than what I post as a typical blog post. I do try to get double duty from my e-newsletters by archiving them on my website and sometimes even breaking out the content as a white paper download in our resources section or special PC instruction.
So, do I feel that an e-newsletter is passé? No, not for some clients. particularly clients who are not blogging and an e-newsletter is the only regular contact they have with clients and prospects. From my point of view the contact is what is important, if the client does not buy into a blog then an e-newsletter monthly or quarterly is a good alternative.
For e-commerce site owners, I have a different perspective on the value of e-newsletters, I consider an e-newsletter crucial in regards to building repeat sales but only if the e-newsletter is used as a perk for regular shoppers and includes coupon codes and promotions.
Anyway you look at it, if you are in business, you should at least start to capture email addresses of clients on a daily basis if you are not already. You may want them for a regular e-newsletter in the future or to announce your new blog.