Hannah/Gold Communications LLC’s Post

Wondering if you should consider SMS marketing. 📈 Let's talk numbers! Here are some compelling stats for business owners: 1️⃣ Text messages have an average open rate of 98% 2️⃣ A 90% Read Rate within 3 Minutes 3️⃣ Increased Conversion Rates: Studies show that SMS marketing can lead to higher conversion rates compared to other channels. 4️⃣ SMS marketing is a lucrative marketing channel, yet only 39% of businesses currently utilize it. 5️⃣ About 72% of millennials send text messages at least ten times every day, and around 31% of them send more than 50 texts per day. During the pandemic, around 34% of businesses began using SMS marketing. 6️⃣ Studies show that a coupon received via SMS is redeemed ten times more often than any medium 7️⃣ Sending a follow-up text message after an email boosted open rates by 20-30%. What does the future hold for SMS? By 2025, the SMS marketing industry is projected to exceed $12.6 billion, solidifying its status as one of the most prevalent communication channels. With an estimated 7.5 billion mobile users anticipated by 2025, the SMS market is poised for further expansion. SMS marketers demonstrate exceptional return on investment, generating $71 for every dollar spent. 85% of interactions between brands and customers will be managed without speaking. https://lnkd.in/gyKw-_D8

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