EPISODE · Jan 4, 2023 · 24 MIN
Predictions of Email Marketing For 2023
What does the future hold for email marketing? What's going to happen in the next year and beyond? As we crack open this brand-new 2023, let's go and find out. Here are our predictions for email marketing in 2023. Be warned - some of these things might change the way you view your marketing. Ready to get planning for an explosive 2023?SOME EPISODE HIGHLIGHTS: (0:13) Come and talk to us inside our FREE Facebook group.(4:07) The importance of having a direct line with your customers.(8:32) The tech in email is going to improve.(10:07) AI writing tools will get smarter.(14:17) Readership of email on mobile devices is going to continue to grow.(15:10) More businesses will make email marketing their top priority.(17:38) The introduction of algorithms for individual inboxes.(19:38) People who don't take email marketing seriously will be left behind.(21:04 ) Want to learn how to make email marketing work for you in 2023 and beyond?(21:38) Subject line of the week.The importance of having a direct line with your customersThe first shift we see happening when it comes to email marketing in 2023 is the fact that having a direct line with your customers is going to become more important than ever. Why? Because the social media algorithms are going to continue to throttle organic reach in favour of ads, which are getting a lot more real estate on those platforms. Advertising costs continue to increase because social media platforms have limited space and inventory to display ads. With more and more businesses advertising and usership going down as people switch to other platforms, we've definitely seen a huge shift over the past few years. Take Facebook, for example. We all used to see a lot more posts from our friends and only a few ads from big companies. But now the balance has tipped in favour of ads because that's how the platforms make their money. And the reach for organic social posting is pitifully low. We knew it was tough before, but if you put great value out there, back then you could go viral. And if you decided to run ads, the return was a lot higher. Still, not as high as the return for email marketing, which is about $80-$90 for every $1 you spend. So having that direct line where you can talk to your customers through a channel that you own (email) and lands directly onto their phones is going to be super important. There is no scalability issue with email marketingIn a nutshell, with demand for advertising being at an all-time high, social media has become an unpredictably unscalable business. But there's no scalability issue with email because every single person who is on your list can have a one-way conversation with you. You have as much space in their inbox as they’re willing to give you. At any point, they can choose to unsubscribe, but until then, you can have a back-and-forth conversation with your audience. The tech in email is going to improve Another prediction for email marketing in 2023 is to do with tech. In the next few years, technology is going to allow us to put more and more interactive elements into emails, such as surveys and videos. And it's going to become more accessible too.As a result, more people are going to be attracted to the world of email marketing because of the Shiny Object Syndrome phenomenon. In fairness, email hasn't evolved much from a tech perspective for a long time - not much has changed in terms of what's possible. So the changes will come in. But we're not convinced that the advancement in tech is going to be a phenomenal idea. Because email has one job to do. And that's to deepen the relationship with your customers and get them to click on the links in your emails to take some sort of action (either to register for something or to buy from you).And we're not sure that the ability to put more into your emails is going to help you make more sales. In fact, it might become a form of distraction for both marketers and their subscribers. In other words, just because we can do more, should we? Artificial Intelligence (AI) writing tools will get smarterOne of the things that are going to improve in the tech space is Artificial Intelligence - AI writing tools are definitely going to become smarter. We did some testing of existing tools earlier this year, and the results weren't great. But as the software does get better, more people will start to use AI tools and automate more of their email marketing. Introducing more automation is obviously an attractive proposition, but is it really going to serve you? Because, in a world where algorithms are writing emails, your personality is what's going to stand out. Things written by an algorithm are going pale in comparison to a human-written email that has your personality. When people get our emails, they often tell us they can hear our voices in their heads as they read - it's a psychological thing called subvocalization. People read things and 'hear voices in their heads' (not in a bad way). But no one wants to hear the voice of a robot when they read your emails! If you want to find out more about what we have to say about AI, go check out the episode Write Emails Using Artificial Intelligence (AI).Nothing can beat your personality!We can’t argue with the fact that AI software is going to get better. But the one thing we can’t see happening in the next 5 years or so is for it to be able to completely emulate your personality. Because we can't train an AI tool to know your personality! One of the most effective techniques in our email marketing philosophy is to base your emails around stories of quirky things that have happened to you in the last 24 hours or around interesting facts about you. You can't train an AI tool to know these stories and anecdotes about you! Also, while these tools can write individual emails for you, they're struggling to connect them into sequences to build a campaign. In a nutshell, if you want to stand out in someone's inbox and want people to resonate with you and buy from you, you want your personality to shine through your emails. And that means not having AI tools write emails for you. Readership of email on mobile devices is going to continue to growAnother thing we predict is going to happen is that readership of email on mobile devices is going to continue to grow. There used to be a time when people would read emails on desktop and use their phones more for social media, but that's no longer the case. People check their emails when they're connected to their mobile devices. So what does that mean for us as email marketers? It means we need to be conscious of the fact that when people click on a link, they'll view the page on their device. That's also where the shopping cart will be. So we need to focus on the mobile consumption of email because people are on the move and are busier than ever. Email must be treated like another social media channel. More businesses will make email marketing their top priorityWe also predict that in 2023, people who had previously made email marketing a low priority (or no priority at all) will make it their highest priority. This is something we've already noticed over the last year or so. Having started email marketing about 18 years ago, we probably have an unfair advantage. But back then, there was no other way of creating an audience - social media platforms didn't even exist! When they did appear on the market, they distracted people from email marketing, which, in comparison, seemed complicated and difficult. Facebook, Instagram, and Twitter certainly seemed a lot more user-friendly!But now that organic reach has taken a nose dive in favour of advertising, we've started to see a shift in people realising that email is important. So they want a way to make it work. And rather than it being something they ignore, email marketing is going to be something to focus on.And this is phenomenal for those who choose to prioritise email marketing and do it the right way. Because with email marketing (as opposed to social media) you own the data. And the insight you can get can have a hugely positive impact on your business. The introduction of algorithms for individual inboxesAnother thing we see happening in 2023 and beyond is the introduction of algorithms for individual inboxes. At the moment, the way your emails are placed in someone’s inbox (in the Primary folder, the Promotion one, Spam, or the Socials tab) is done on a reputational level. This means that if you're doing things right and have a good reputation as a sender, you'll get better placement in people's inboxes.But Gmail and other platforms will be looking at an individual level at the interaction and engagement that a user has with the emails you send. So how your emails are placed in someone's inbox is going to be based on a one-to-one relationship. This means you might be getting primary placement in someone's inbox but never in someone else's. And it all depends on their...
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Predictions of Email Marketing For 2023
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