Microsoft announced a leap in profits last month attributing the rise to its relaunch of LinkedIn.
Since Microsoft bought LinkedIn in 2016, the corporate social media site has been flooded with innovative new functions. Microsoft has focused on the site's main user-base - recruiters and jobseekers, and sales and marketing people. It offers packages of paid-for extras and add-ons for each of these target markets and promotes them relentlessly, largely by on-screen prompts and email.
I have been on the receiving end of a few comments on the lines of
"Can't believe Electric Marketing is still going, now that we're all using LinkedIn"
"Who buys email marketing lists these days?".
But plenty of b2b marketers still buy email lists because while social media has its place, it also has its limits. Yes, you can make contact with a sales prospect on LinkedIn by inviting them to connect with you. And if they do not reply you can use the InMail service. If the prospect ignores your message, LinkedIn cannot get you any further. To persist in chasing that prospect now, you need a phone number, or an email address.
It can take 12 emails, phone calls and other contacts before a business person buys from a new supplier. You can reach out to a prospect over and over using email marketing, direct mail and telemarketing. And you can only start that process by having your prospect's full contact details to hand.
LinkedIn understands this; it promotes its own products to its users by email. But it guards those email addresses closely; LinkedIn is mainly concerned with its profits, not yours.
Electric Marketing’s mailing lists come with full contact details. Our postal and email lists are sold on the basis of multiple use. If you have a list of leads and prospects that you have found on LinkedIn, our List Research Service can research their email addresses and full contact details for you. 25 years of experience in business-to-business marketing has taught us that re-mailing and regular emails, can build a client base and bring you sales.