But the most important factor is this if you have a lot of cash. A you can afford a longer period than if you have very little. This is the secret of well-fund e-commerce busins. They can afford to spend money acquiring email subscribers and customers without neing to see a positive ROI on that subscriber/customer for a long time. But mobile database if you’re self-fund. A you’ll ne to be repaid much faster. There’s no exact rule. A but let’s say it’s 3 months if you’re self-fund and 7 months if you have a venture capital invtment. This means Jim should be able to afford to acquire an email subscriber for $4.
If his busins is bootstrapp
and $10.50 if he is fund. The story gets better with email marketing for ecommerce once you know the value of each email subscriber Okay. A let’s say Jim’s company is growing. That means he can afford to pay $4.50 to acquire an email subscriber. This is the secret of well-fund However. A global service ecosystem that’s only part of the story. Let’s say Jim can buy traffic for $1.00 per click. This means he would ne 1 in 1 visitor to subscribe to his email list. This is a very high number and probably impossible.
However. A this also n to be factor into the purchas made
So. A let’s also say Jim spends $100. And let’s say phone number qatar Jim gets 8 email signups out of the 100 visitors who visit his site. 8 x 3 months x $1.50 = $36. But. A 2 people also purchas flowers for an average of $100 per order from those 100 visitors. If Jim don’t factor in the value of the email subscribers he’s getting. A he’ll calculate that he’s sold two orders. At $50 per order after cost of goods. A that means Jim spent $100 to make $100.
A Jim decid to stop this marketing effort
Three months later. A Jim’s revenue remains the same because he hasn’t found a growth channel. However. A during those three months. A Jim’s actual sal could have been $3 + $100 (email). This means his busins could have grown This is the secret of well-fund during that time. How to Maximize the Value of Each of Your Email Subscribers So. A we’ve tablish that you ne to know the value of each of your email subscribers. But once you know the value of each of your email subscribers. A your goal is to increase that value.