What factors impact the cost of email marketing?
There are a number of factors that will impact the cost of your email campaigns. Four major factors are:
- The quality of your current email list
- The complexity of your email design
- The frequency of your campaigns
- The platform you use
Quality of current email list
If your email list of full of inactive subscribers, you will need to take some time to clean it up in order to get the best results for your email campaigns.
Tools like Kickbox, NeverBounce, and BriteVerify can help you identify faulty email addresses and inactive subscribers so you avoid sending to those people.
Here’s how much you can expect to pay for each of these services.
Kickbox
Kickbox offers users 100 free verifications. After that, here’s what you should expect to pay to verify subscribers’ email addresses:
- 1k verifications: $10
- 5k verifications: $25
- 10k verifications: $80
- 25k verifications: $200
- 50k verifications: $400
- 100k verifications: $800
- 500k verifications: $2,500
- 5mm verifications: $4,000
You can check out more info about Kickbox’s pricing here.
NeverBounce
NeverBounce offers volume rates, so the more emails you verify, the less you will pay per email verification. Here’s what you can expect to pay for NeverBounce:
- Up to 10k verifications: $0.008/email
- Up to 100k verifications: $0.005/email
- Up to 250k verifications: $0.004/email
- Up to 1mm verifications: $0.003/email
This means that if you want to verify 100k emails, you can expect to pay $0.005 per email or $500. For more information, you can check out their price calculator.
BriteVerify
With BriteVerify, your first 250,000 email verifications each month cost $0.01. BriteVerify also offers tiered discounts, so the more emails you verify every month, the less it will cost. Here’s a breakdown of their volume rates:
- 5k verifications: $0.008/email ($40)
- 20k verifications: $0.0075/email ($150)
- 30k verifications: $0.007/email ($210)
- 50k verifications: $0.0065/email ($325)
- 100k verifications: $0.006/email ($600)
- 250k verifications: $0.005/email ($1250)
- 500k verifications: $0.0045/email ($2250)
For more information about BriteVerify’s pricing, you can check out their price calculator.
To maintain a quality email list, we recommend cleaning your email list once per quarter or every three months.
Complexity of email design
If you want to send intricately designed emails, you can expect to pay a higher price. Generally, the more complex and customized your email design, the higher your design costs.
To design custom email templates, most agencies charge either a flat or hourly rate.
You can expect to spend anywhere from $100 to $2000 per design, with templated designs at the lower end and complex, custom designs at the high end of this range.
Frequency of your campaigns
The frequency of your campaigns will also impact the price you pay for email marketing.
For example, you will pay less if you send one monthly newsletter as opposed to weekly email blasts.
If you pay a distribution cost of $0.03 for every recipient, and you send to 100k subscribers, you can expect to pay $3,000 to send one monthly email. However, if you send a weekly email to 100k subscribers for $0.03 per recipient, you can expect to pay $12,000 per month.
This should go without saying, but generally the more emails you send, the more you will pay.
Platform you use
The email platform you choose will also impact the amount you spend for email marketing.
Most platform providers offer various plans with pricing that varies by plan and number of contacts.
Let’s take a look at a few options. For the sake of comparison, we’ll list the pricing for 10,000 contacts a month for each platform.
- Mailchimp: $87-$299/month
- Constant Contact: $105-$180/month
- Campaign Monitor: $89-$249/month
- GetResponse: $65-$163/month
- ActiveCampaign: $139-$424/month
- Keap: Starting at $289-$449/month
These are just a few of the email platform options available to your business, and each has pros and cons. You’ll need to research each option in order to make the best choice for your business and budget.
At Adlevel, we developed our own proprietary email marketing software, EmailMarketingFX. With EmailMarketingFX, you can send emails for $5 per blast + $0.03 per recipient. For more information about how you can use EmailMarketingFX for your email campaigns, contact us today to talk with an Internet marketer.