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Best Practices for Sending Product Update Emails to SaaS Customers

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Product update emails are educational and are critical to any SaaS firm. They inform your customers about modifications in the products that you offer. Regular updates keep the users engaged with the product, refresh their memory on the perceived value you added to your product, and assure the customer that you are constantly working towards enhancing their experience.



A study conducted by Bain & Company shows that improving customer retention rates by 5% boosts profit by 25-95%, which explains why it is paramount always to update them.




Key Elements of Effective Product Update Emails


To craft effective product update emails, consider incorporating the following key elements:




Crafting Compelling Subject Lines


The subject line is your first opportunity to capture the user’s attention. A compelling subject line can significantly increase open rates and encourage users to engage with your content.

Examples:

  • “Exciting New Features in [Your Product] โ€“ Check Them Out!”
  • “Weโ€™ve Made Some Updates Youโ€™ll Love!”
  • “Discover the Latest Enhancements to [Your Product]”



Tips for Crafting Compelling Subject Lines:



  • Keep it short and to the point.

  • Use action-oriented language.

  • Avoid using spammy words like “free” or “discount.”



Personalizing Your Product Update Emails


Every customer is unique, and this is where personalization can make a great difference in the success rate of your product update emails.



Ways to Personalize:


Product Update Emails to SaaS Customers

  • Use the Customerโ€™s Name: To make the email more friendly it is advisable to address them by their first name.

  • Mention Specific Usage: Cite instances where the customer has benefited by using or purchasing your product.





Timing Your Product Updates


It is, therefore, important to consider the appropriate time to send the product update emails. They should be sent at a time when the user will be in a position to receive new information, but will not be overwhelmed with it.



Best Practices:



  • Frequency: Ensure that the updates are not too frequent โ€“ the updates should be frequent enough to cover developments but not too frequent to be irritating. Quarterly updates are a good start.
  • Event-Based: Send emails if there is a new feature release or something important has been done in the software.
  • User Behavior: Itโ€™s crucial to consider the userโ€™s activity level to define the best time to send updates.



Designing Visually Appealing Emails


Layout is arguably one of the most important elements when it comes to creating engaging emails. Studies show that people remember 80% of what they see and only 20% of what they read.



Design Tips:





Highlighting Key Features and Benefits


When launching a new product feature, it is recommended to focus on what you are going to provide or bring to your audience.

Focus on the productโ€™s key improvements and innovations such that it addresses their needs and wants.



Tips for Highlighting Key Features:



  • Use Bullet Points: If the updates are many, summarize them in the form of bullet points to ensure clarity.
  • Include Screenshots or Videos: Illustrate how the new features will work with the use of models and demonstrations.
  • Provide Context: Describe why the changes were made and how they will benefit the users.



Measuring Success and Optimizing Your Strategy


Evaluation of your product update emails has to be carried out continuously to determine the success of your emails.

Monitor relevant analytics like open rates, click-through rates, and user engagements to determine what needs to be adjusted.



Tips for Measuring and Optimizing:


Product Update Emails to SaaS Customers

  • A/B Testing: Experiment with different subject lines, email messages, and call-to-action to determine which approach gets the most response.

  • Analyze Feedback: Administer surveys or polls to get feedback from the users to understand their reactions to the changes.

  • Iterate and Improve: Always utilize the data you have collected to try and improve your email strategy.




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Author

  • Jim Coleman

    Jim is the Co-Founder of xFusion, and is a seasoned business operator with a background in operations leadership at private equity fund. Jimโ€™s also a passionate multi-time business owner, and is eager to help others in the industry. Outside work, he devotes himself to adoption and raising foster children, and he aspires to maximize his impact on developing countries.

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