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Graduate & Professional Schools > E-mail Marketing > E-mail vs. Traditional Media
E-mail marketing is cost effective
E-mail campaigns cost less then traditional direct marketing or advertising. And because e-mail marketing is highly targeted, e-mail campaigns get higher response rates.
Consider a situation where you want to market your open house to students, counsellors, parents, etc. You have three options:
- Traditional advertising (e.g. placing an ad in a newspaper),
- Traditional mail (mailing a post card invitation) or
- An e-mail campaign.
E-mail marketing may cost less and gets better results. The result to you is a much lower cost per response.
| |
Traditional Media (newspaper) |
Traditional Mail |
E-mail Marketing |
| Creative Cost |
$500 |
$500 |
$500 |
| Placement Cost |
$1,000 |
n/a |
n/a |
| Printing Cost |
n/a |
$600 |
n/a |
| Distribution Cost |
n/a |
$2,400 |
$1,500 |
| Total Cost |
$1,500 |
$3,500 |
$2,000 |
| |
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|
| Total Circulation |
700,000 |
n/a |
n/a |
| Total Pieces |
n/a |
5,000 |
5,000 |
| |
|
|
|
| Estimated Responses |
10 |
50 |
n/a |
| Estimated Open E-mail |
n/a |
n/a |
1,500 |
| Estimated Clickthrough |
n/a |
n/a |
100 |
| |
|
|
|
| Cost Per Response |
$150 |
$70 |
$20 |
Note: We are not necessarily recommending you use only one marketing channel. This chart is meant to make a point about the effectiveness of e-mail marketing. Costs and response rates will vary.
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Marketing a Bachelor or Master's Nursing program requires targeting a very specific audience with a focused message. Working with EDge over the past three years, we have been able access prospective students using highly customized and personalized e-mail campaigns. Through this effort and other consulting services offered by EDge, we have been able to reach our goal of tripling enrolment.
Francine Wynn, RN, PhD Faculty of Nursing University of Toronto
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