So, do you know what SMS marketing is? If you guessed that it is a marketing strategy that uses SMS to send messages, you'd be quite right. That's the gist of it, but there is much more to it than just that! SMS marketing is commonly used to drive sales, obtain positive reviews, and even grow businesses with no barrier, and its cost-effectiveness and ease of use make it the go-to strategy for many.
But of course, with so many new ways to market, many people believe that SMS marketing is out of date. However, those who are quietly still utilising it have shown to increase their conversion rates by over 100 per cent! Now that's a staggering number, and that alone should tell you that it is nowhere near out of style.
Today, we want to delve deeper into SMS marketing to help you understand what it is all about:
What Exactly Is SMS Marketing?
SMS Marketing is a type of mobile marketing that uses text messages to reach out to new and existing customers. SMS stands for Short Message Service, and it is a powerful tool for businesses to communicate with their customers and prospects. With SMS Marketing, companies can send custom messages, promotional offers, discounts, and other information to their targeted audiences.
How Is SMS Marketing Commonly Used?
There are many ways SMS marketing is used, and one of the most common uses of SMS Marketing is to send promotional messages to potential customers. Companies can use SMS marketing to send promotions, discounts, coupons, and other offers to their customers. This allows businesses to entice new customers and encourage existing customers to take advantage of their services.
Another popular use of SMS Marketing is to send updates and reminders to customers. Companies can use SMS to remind customers of upcoming events, such as sales, product launches, and other announcements. This helps businesses stay in touch with their customers and keep them updated on the latest products and services.
SMS Marketing can also be used to send alerts and notifications to customers. Businesses can send notifications to customers when they are out of stock, when a new product is available, and when a service is being offered. These alerts and notifications can help businesses keep customers informed and ensure that they are up to date with the latest pieces of info and offerings.
Finally, SMS Marketing can be used to conduct surveys and polls. Companies can use SMS to gather customer feedback about their products and services. This feedback can be used to improve the customer experience and help businesses understand their customers better.
What Are the Main Benefits of SMS Marketing?
There's a whole host of benefits of using SMS marketing, and here are some of them:
1. Reach a Large Audience
One of the main benefits of SMS marketing is that it allows businesses to reach a large audience quickly and easily. SMS messages can be sent to thousands of people at once, and they can be personalised to target specific customers. This makes it an ideal way to reach potential customers as well as existing customers.
2. Cost-Effective
Another great benefit of SMS marketing is that it is cost-effective. Unlike other forms of digital marketing, SMS marketing does not require a large budget to send out messages. It is also a great way to save money on advertising costs, as it is much cheaper than running ads in traditional mediums such as TV, radio, and print.
3. Timely Delivery
SMS messages are delivered instantly, which means businesses can send out messages when they need to. This is important for businesses that need to send out messages in a timely manner, such as when a promotion or sale is about to end.
4. Increase Engagement
SMS marketing is a great way to increase engagement with customers. Businesses can use SMS messages to notify customers about new products, special offers, and discounts, as well as to keep customers informed about upcoming events or changes.
5. Boost Sales
Finally, SMS marketing can be used to boost sales. By targeting customers with messages that are tailored to their interests, businesses can encourage customers to purchase products or services.
Are There Any Potential Drawbacks to SMS Marketing?
SMS marketing can be an effective tool for companies to reach their target audience, but it's important to consider the potential drawbacks of this marketing technique before investing in it.
1. Can Be Intrusive
The first potential drawback of SMS marketing is that it can be intrusive. People tend to be protective of their phones, and they don't want to receive unsolicited messages. This means that companies need to be careful about how they use SMS marketing and make sure that they are sending messages that are relevant and useful to their target audience. Otherwise, they risk alienating their customers and damaging their brand.
2. Can Be Costly
Another potential drawback of SMS marketing is that it can be costly. Companies need to pay for each message they send, so the cost of using SMS marketing can quickly add up. Additionally, companies need to be aware of legal and regulatory requirements when sending out SMS messages, which can add to the cost of using this marketing technique.
3. Can Be Difficult to Measure
Finally, SMS marketing can be difficult to track and measure. While companies can track the number of messages sent, it's difficult to accurately measure the effectiveness of SMS marketing campaigns. This makes it difficult to determine whether or not the investment in SMS marketing is worth it, which can be a major drawback for companies.
All in all, while SMS marketing can be effective, it's important to consider the potential drawbacks before investing in it. Companies need to be aware of the potential intrusiveness of SMS messages, the cost associated with this marketing technique, and the difficulty of measuring its effectiveness. With careful planning and consideration, companies can use SMS marketing effectively and reap the rewards.
Conclusion
All in all, SMS marketing is an incredibly powerful tool that businesses can use to engage with their customers and build relationships. With the right strategy, businesses can use SMS marketing to reach a large audience, increase engagement, generate leads, and boost sales. With all of these benefits, it's no wonder that SMS marketing has become one of the most popular forms of digital marketing.
So, what are you waiting for? Go ahead and implement SMS marketing today!
Nurturely offers an all-in-one CRM software that helps businesses simplify their processes and enjoy success. Check out our software today and take your business to the next level.
