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Should Your Business Have a Newsletter?

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“We need a newsletter.” Perhaps no four words so fill the hearts of marketing communication staffs with dread. That’s because company newsletters always seem to be the spur-of-the-moment brainchild of underutilized executives, who — having left this rotting corpse of an idea on someone else’s doorstep — immediately scurry off to attend their regular duties (probably clogging sinks and putting sugar in gas tanks).

 

Okay, maybe that intro is a little over-the-top and not quite fair (after all, this article is in a newsletter) but we’re trying to flip the mindset on newsletters from automatic “yes” to skeptical “maybe.” They can indeed be worthwhile vehicles for building rapport with customers, channel partners, employees and others, but they can also easily become a burdensome waste of time that ends in embarrassing surrender

 

Here are five questions that must be answered with a solid affirmative before committing to producing a regular newsletter. (And it IS a commitment to your audience, even though 80% or more of them may never read it.)

  • Will it provide ongoing support for achieving your overall marketing objectives? You should think of a newsletter the way publishers think of any periodical: they expect them to run forever. This means you don’t want to create a new newsletter only in conjunction with an occasional or unique occurrence (i.e. new product or service) or business change (i.e. a merger) that takes place within a limited time. Sure, you should publicize such things in email alerts, press releases, ads, blogs, even articles in an existing newsletter … anything … except a separate publication. Newsletters need a permanent theme and then should help you do something that will always need to be done, namely keep vital audiences connected to your organization.
  • Will it always offer value to your audience? If you ask yourself whether someone would be better off by having read your proposed newsletter, you can probably always rationalize a “yes.” (After all, you wouldn’t want anyone to miss out on your weekly sales specials!) But will the audience readily perceive the value of your proposed newsletter’s content? Before you get too far along, ask some objective (and honest) people how they would feel about receiving the newsletter in their inboxes.
  • Will you have enough content? True, there are no rules about how long a newsletter has to be, but realistically, the first one will kind of set the standard. Before starting a newsletter, businesses often have a lot of share-worthy information stockpiled. However, if they get too ambitious with the frequency or amount of content up front, it will evaporate surprisingly fast. Editorial staff will be left scratching their heads as deadlines loom. Make sure you will always have an adequate amount of worthwhile information in the pipeline before going forward with a newsletter.
  • Do you have the resources to produce it? Don’t be fooled, a newsletter requires a real investment. Do you have people with the skill and talent to produce a newsletter? If yes, the second question is whether those people have the time. Then, will you be able to reliably get it to your readership? Finally, what sort of ROI can you expect? If you’re going to publish a newsletter, it should be done well … as it will be a very visible representation of your company. Poor quality and haphazard delivery will not speak well of your business.
  • Will you, personally, enthusiastically read it? If everything is a “yes” up to this point, you have some real momentum going in favor of a newsletter, but before pulling the trigger, pause. Think about your own inbox and everything you are expected to read or want to read every day. Now think of where the proposed newsletter would sit on your list of things to peruse. If you, as a chief executive, won’t read your own newsletter with interest, how could you expect other audiences to do so?

If you answered yes to these questions and are ready to start your newsletter, let’s talk!