Screw Social: You Need to Grow Your Damn Email List

Over the last few months, I’ve seen rants across social media about the reduced engagement on Instagram and Facebook. Basically, Zuck Inc. is making brands “pay to play”, shrinking reach, impressions and engagement across platforms. Folks are seeing leads and sales shrivel up, because the keys to the kingdom are held by a company that is post-IPO and hungry for ad money.

WOMP WOMP.

While there are ways to grow engagement (pony up the cash, for one), this trend underscores something that us marketers have known all along:

Email is fucking gold.

Organic reach of the content brands publish in Facebook is destined to hit zero. It’s only a matter of time. –- Marshall Manson, Social @Ogilvy

As social media platforms rise and fall (Cue The Gladiator soundtrack), the one thing that remains in use is email. 10 years ago, marketers were wooed by MySpace, but noooo longerrrr. They used to have millions of eyeballs, that have now grown up, left Myspace, and moved onto other platforms, taking their downloads and spending money with them.
 

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Y’all. We have *got* to learn from the rise and fall of other social media platforms. Depending on one platform, be it Facebook, Vine (RIP), Tumblr, Instagram, etc etc, puts your business at risk. If you want to build companies that will still be selling product in a few years, you MUST:

  1. Engage with customers across social media platforms (don’t count on one to be your money maker)
  2. Build your goddamn email list like it’s your job (FYI, it is).

Email Email Email

Email is a tricky business, because if you send something that’s off message or uninteresting, you’ll see a huge spike in unsubscribes. Figuring out cadence, tone and CONTENT to send to your subscribers is absolutely key. By utilizing A/B testing and list segmentation you can find the magic combo through controlled experimentation, and build your list. The goal? Write emails that your subscribers send to their friends, because they’re just that good.

71% consumers favor email as their first online “check” of the day. –ExactTarget

Social Isn’t Dead

Social media remains hugely popular, but it should act as a step in your funnel. Said another way, growing your social media following isn’t your end game — it’s a step in the process to get your audience to eventually DO something (like, you know, buy something).

Make sense?

 I need an image here, so Beyonce it is! 

I need an image here, so Beyonce it is! 

 

BUT Email isn’t The Endgame Either!

Use social media to grow your subscriber list. Then, using both email and social media, increase frequency and length of website VISITS, by having content you only share on your website, or forums/perks that can only be accessed by going directly to your website.

WOAH, say what?

That’s right. The goal in this whole FREAKING PROCESS is to get people on your website, buying, reading and engaging, turning lukewarm leads hot and moving shit off of warehouse shelves (or crashing your server because of download requests, etc, this is a Choose-Your-Own-Adventure-Pick-a-Metaphor Day).

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Want more action packed business/marketing/life advice? Join my newsletter. I won’t spam you, but I will deliver HBIC and action packed verbiage to help you level the fuck up. If you want to engage 1:1, tweet at me Brianne Huntsman (yes I’m serious, I fucking love twitter) or lurk on my Instagram.

Let’s get moving.

$$ Checklist: Taking Your Biz from Side Hustle to Full-Time

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In October of 2016, I took The Big Leap. I finally took my part-time freelance side hustle (that had sustained me for 5 YEARS, helping with not-great decisions at Sephora and materials/books/supplies at Stanford) to FULL-TIME.

And while this isn’t the best choice for everyone (don’t let folks shit on you for not being an #entrepreneur, that’s idiotic), I chose to do this to have time/flexibility to focus on creating a fashion portfolio and body of work. It’s hard to be a creative with a 9–5, hence freelancing.

I knew in June of 2016 that I wanted to take my #SideHustle full-time (my coaching and marketing biz, The Huntswoman), but I didn’t really know how to start/prepare. After doing A TON of googling and pestering FT freelancers I knew, I came up with plan below. I’ve since edited it and added to it (20/20 hindsight FTW), and my hope is that it’ll help you too.

Need advice on managing the day-to-day life of freelancing? Check out my microblog on Instagram!

1. Get REAL about Where Your Money is Going

Before becoming fully self-employed, I would quickly archive my emails from Mint.com, ignoring the pangs of guilt. “No thank you, I do NOT want to know how much I’m spending at Starbucks, tyvm.” Freelancing requires you to get REAL real, fast, about tracking your money.

Think of it this way: How can you realistically hope to pay your own salary (with pay raises!) if you don’t know where your money is going? You’re in the “Business of You,” my friend, and you need to get the fuck over your money/budget hangups and review your bank statements. This will help you figure out where you’re bleeding money (do you really need Netflix, HBO *and* Hulu??) to lower expenses to build your nest egg.

Expense Reports: Every week,sit down and sort through your receipts. I try to pay everything electronically so I can save it in a special folder. Little business expenses add up to pretty swell writeoffs at the end of the year!

2. Building an Emergency Fund

Freelancers, coaches and consultants can regularly be found bitching over the “feast or famine” experience that comes with freelancing (ugh). Some months you’ll be overbooked and tearing your hair out, and other months you’ll consider getting a PT job to cover expenses.

Before jumping into FT freelance, save AT LEAST 3 months of bills and living expenses. If you have dependents, folks will advise you to save 6 months, minimum. You won’t know how much to save unless you know your expenses (cough do #1 cough) so get cracking.

3. Taxes & Knowing What to Charge

While you’re at it, set up an account at a different bank (credit unions ftw) to put aside ~30% of your earnings for taxes. Out of site, out of mind!

It’s a good idea to set up some sort of business entity (I have an LLC). This helps you if you ever get sued, and it makes taxes easier, etc. Every state/locality is different, so put on your propeller hat and get to googling!

ALSO, because you’ll be paying your employer taxes (will I ever see that money I’m putting into Medicare?), make sure to increase your hourly/project rate accordingly. This infographic explains the math/process.

4. Juggling your day job with your dream job

A lot of folks struggle with how to balance onboarding new clients while working a FT job.

I’m not going to sugarcoat it. Basically, get ready for some long hours.

I played a game where I slowly increased my freelance hours and decreased hours at my PT job. For about 6 weeks, I was working 20 hours part-time and 40 hours freelancing. I needed to be sure the clients would stick around before talking to my boss about working fewer hours.

Some folks work FT as a freelancer/consultant, and FT at their day job — having some not-so-fun 80 hour workweeks. If you can swing it, try convincing your employer to put you at PT hours for a few months to hang onto a bit of security.

5. Insurance (Cue the JAWS Soundtrack)

I ended up becoming a FT freelancer around the same time I was kicked off my parents insurance plan (goodbye, group coverage). If you’re in the U.S., I recommend reaching out to an insurance broker/calling the folks at Healthcare.gov. I recommend talking to a few agents to make sure you get the whole story, and gird your loins — single payer insurance is not nearly as snazzy as group coverage.

Overall, remember that you can do this. You can do this. YOU CAN FUCKING DO THIS. Some folks will think you’re certifiable for taking a “less secure” path, when really, I argue that you’re taking 200% (double) the responsibility for your income and life.

While full-time freelancing isn’t for everyone, having multiple streams of income (besides your FT job) is! Check out this microblog to learn how to begin bringing in some side hustle moula. :*

 

Disclaimer: This is from my experience. I’m not a lawyer or a licensed accountant. Please make business decisions with licensed professionals.