Economy
A Complete Guide To Launching A Successful SMS Marketing Campaign
Today, many people use smartphones, which have already become an extension of their bodies. Also, they’re becoming more comfortable communicating with businesses via mobile devices.
So, you better start SMS marketing now, or you’ll miss many opportunities to make sales. It can be a great way to improve your social marketing, allowing you to reach potential and existing customers in real time via targeted messaging. But first, what’s SMS marketing?
SMS marketing refers to how marketers deliver marketing messages via text message. It’s an opt-in campaign requiring people to subscribe to receive notifications. Common types include the following:
- Remarketing
- Surveys
- Personalized promotions
- Exclusive deals and discounts
SMS marketing also has higher open rates than other forms of marketing, particularly email marketing. The average open rate of the latter is around 15-30%, while SMS exceeds 90%. And you can even reach up to 100% with the help of tools such as Unlimited Ringless voicemail.
So, where should you start? This post will show you a step-by-step process to guide you in implementing a successful SMS marketing campaign. Read on to learn more!
- Pick The Right SMS Platform
The first step is all about deciding which SMS engine is best suited for executing marketing campaigns. There are plenty of solutions out there in the market. However, not all of them are created the same.
Worse, some solutions may cost you more in the long run without delivering the desired ROI. And how do you distinguish real gold from fake ones? Consider the following when choosing an SMS provider:
- Message Delivery: A message should be sent at the right time—not too late, especially when there’s time-sensitive information involved. Also, it should be accurate, meaning there’s little to no chance of sending a message to incorrect phone numbers.
- Ease Of Use: Do you find it easy to create custom messages? Can you schedule messages and attach files easily? If you agree to these questions, you might’ve found the SMS engine your business needs.
- Integration: You might have a few business tools in place, and one of them is probably a customer relationship management (CRM) system. Ensure your SMS engine can integrate with your CRM so that you can access it while on the go.
- A Test Drive: Never go for a solution that remains undiscovered. Make sure you can try it out for free to see if it’s worth your time and money and how the system works under the hood.
- Good Reputation: Last but certainly not least, check the SMS provider’s reputation. Visit their website, read some testimonials, or dig into the conversation through their social media accounts. This is to find out whether they’re dedicated or not.
You may also consider using additional supporting tools like an auto dialer. It aims to turn your existing system into a powerful business dialing platform.
- Get An SMS Number
Getting a dedicated SMS marketing number sets you up for success. SMS providers often require businesses to invest in a virtual number to prevent multiple brands from using the same number.
Here are your options:
- Toll-Free Numbers: These are standard numbers for most brands for convenience and deliverability. They’re easy to activate and promote mass texting.
- 10-Digit Long Codes (10DLCs): 10DLCs are a new option for businesses. They’re ideal for non-time-sensitive messaging and low-volume texting.
- Short Codes: These numbers are a consumer favorite because they’re easy to remember. However, they’re expensive and have a lengthy approval process.
- Set Up Your SMS Subscriber List
Without a solid and targeted SMS subscriber list, all your marketing efforts will likely go down the drain—something you wouldn’t want to happen.
Encouraging potential and existing customers to opt in can be difficult, time-consuming, and costly. Even without an SMS program, collecting opt-ins is a great jumpstart for any brand that needs to do it.
Here are a few tips to encourage customers to join your subscriber list:
- Create an offer that’s exclusively available to subscribers.
- Give subscribers a time-sensitive promotion (e.g., Buy One, Get One).
- Deliver information essential to customers.
- Introduce new items to grab the attention of potential and existing customers.
However, setting up an SMS subscriber list isn’t easy. Unlike other forms of marketing, particularly social media, SMS requires consent. What does this mean? You have to ask customers and prospects for permission before adding them to your list and sending them marketing messages.
In the U.S., SMS marketing is regulated by the Federal Communications Commission. This enforces laws like the Telephone Consumer Protection Act (TCPA) of 1991, which protects consumers from intrusive and abusive telemarketing practices.
- Create An Automated SMS Welcome Message
Do you believe in the saying ‘first impression lasts’? You should be! That’s why building an automated welcome message is crucial. This way, you’re ready when customers and prospects start opting in.
A good welcome message educates new subscribers about your products and services, familiarizes them with your content, and encourages them to make their first purchase. Out of all automated tools, the welcome message often generates the most revenue for many brands.
Here are some tips to follow when creating an SMS welcome message:
- Set it up and make sure it sends a welcome message as soon as someone subscribes to your list.
- Don’t forget to include the name of your company. This is a way of introducing yourself to your customers and prospects.
- Make sure your messages are personalized and cater to your customers’ specific needs. Address them using their first name for a personalized touch.
- Thank subscribers when they join your list.
Aside from these tips, ensure your SMS welcome message has a clear call to action (CTA). CTAs are words or phrases that encourage audiences to take the action you want them to do (e.g., ‘Subscribe now and get a 15% discount on your first purchase!’).
- Expand Your SMS Subscriber List
Once you have a solid SMS subscriber list, you’ll need a strategy to grow and expand it. Always look for opportunities to encourage customers and prospects to opt in without compromising their experience. Here are some tips that may help you accomplish that:
- Leverage The Check-Out Experience: Including the check-out step in your SMS consent collection allows customers to receive SMS campaigns while processing their orders. This is a non-intrusive way to motivate customers to subscribe to your list.
- Incentivize Website Visitors: When creating an SMS sign-up form for your site, ensure you target those already part of your email list, provided you have one. Then, include eye-catching discounts or freebies to encourage them to subscribe.
Follow these two simple tips to motivate your audience to subscribe to your SMS list without sounding intrusive.
- Measure Initial Performance Rates
Do you want to find out which strategy works best for your business? If you do, you need to measure your initial performance rates on a regular basis.
You need to set your eyes on the following key performance indicators (KPIs):
- Delivery Rate: This refers to the percentage of SMS messages delivered successfully to your contacts. Also, this is one of the most crucial KPIs SMS marketers have to monitor. The average delivery rate for SMS marketing is 98%.
- Click Through Rate (CTR): CTR is the foundation of your campaign’s success. It refers to the percentage of link clicks to the SMS messages you delivered. The average CTR for SMS marketing is 36%.
- Opt-Out Rate: This vital KPI refers to the percentage of subscribed contacts who unsubscribe to your SMS list. It shows that some of your subscribers aren’t interested in your content.
- Conversion Rate: This critical KPI refers to the percentage of subscribers who made a purchase. The average conversion rate for SMS marketing is 29%. It’d be best to aim higher than this to ensure a steady flow of revenue.
If your SMS messages get subpar digits, consider making necessary adjustments through A/B testing. Focus on elements like message type, number of messages, and timing.
- Send Your First Campaign
Once you’re done collecting subscribers for your SMS list, you may start your first SMS campaign. Make sure you include the following details:
- Company name
- One time-sensitive CTA
- The first name of the subscriber and other details that’d make the message more personalized
- A friendly and conversational tone
- Value
Here are some examples you might want to consider for your first SMS campaign:
‘Blue Green Flask: These products are getting retired, which means you can get a 30% discount while supplies last! Start shopping now: www.bluegreenflask.com/clearancesale30. Reply STOP to opt out.’
‘Noun: 30% off on ALL dry shampoos and conditioners! Use the code SHAMCON at check-out to avail of the discount. Excludes custom kits and value. Shop: www.noun.com/shamcom. Reply STOP to opt out.’
‘Borough Linen: We’re grateful to you! And as a way to give you thanks for your recent purchase, we’re giving you USD$50 credit on your next order using the code: GIFT50. Shop now: www.boroughlinen.com/gift50. Reply STOP to opt out.’
What makes these examples effective is that they can show clarity and conciseness while conveying the message they want to deliver.
If you want to improve your messages, add a GIF or image below 600KB. This converts SMS to MMS (multimedia messaging service), which limits you to 1,600 characters. However, remember that MMS costs more than SMS under many plans.
- Recover Abandoned Shopping Carts
Experts believe that over 50% of online shoppers leave their carts unattended. This is an opportunity to recover lost revenue. What’s great is that SMS is one of the most effective ways to motivate customers to complete their orders.
Here are some examples of SMS campaigns for cart abandonment:
‘Hey Jan! I noticed you left some items in your cart. Here’s 20% off to help you complete your checkout now! Check it out here: mycookingfantasy.com/potsandpans.’
‘Hi Mark, you left some great items in your shopping cart. Here’s a free shipping voucher just for you: bit.ly/5Fg4B. This exclusive offer will expire in three days. Reply STOP to opt out.’
- Use SMS To Announce New Products
Keep your subscribers updated by sending them an SMS message whenever you release new collections, products, and services. And to make everything more special, consider offering them early access when new items drop.
Here are some examples of SMS messages announcing new products and services:
‘KITE: Thank you for subscribing! You’ll be among the first to shop for our upcoming product launch! Before anything else, here’s a 25% discount, so shop now!’
‘Banana Floss: New Coco Collection! You’ll surely fall head over heels for our tropically luscious Coco Daiquiri and sunny Beach Copacabana set! Grab some before they’re gone! Shop now: bananafloss.com/cococollection.’
- Engage Customers Using Time-Sensitive Messages
Reaching customers at the right time can take your SMS campaign to the next level. This is where time-sensitive campaigns, such as a price drop or back-in-stock alert, come in.
Price drop alerts are ideal for SMS, as it requires contacts to act as fast as possible. Send these messages to people on your list to make them exclusive to mobile users. Here’s an example of a price drop alert:
‘CookingWare: PRICE DROP ALERT! The 15-pc stainless steel premier set was USD$760—now USD$380! Get yours now before they’re gone: cookingware.com/12Ho11goiT23.’
Back-in-stock alerts inform subscribers that the items previously out of stock are back and ready to ship. Here’s an example of a back-in-stock alert:
‘Hey, Martin, our 15-pc stainless steel premier set is back in stock! Make cooking more fun with nothing but the best. Shop now before they’re gone: cookingware.com/12Ho11goiT23.’
- Use SMS For A Great Post-Purchase Experience
SMS marketing is effective not only for increasing sales but also for improving post-purchase experiences. Including transactional SMS messages, like billing updates, appointment reminders, and shipping delay alerts, may help you reach and exceed customer expectations.
Once you complete the delivery, you may use SMS to send valuable details directly to a customer’s phone instead of their email inbox. These may include the following:
- Share tips and tricks on how to use the product in the best way possible
- Share a link (e.g., how-to guides or tutorial videos)
- Highlight customers who use the product
- Send reminders regarding their loyalty points or VIP status
Final Words
SMS marketing is one of the most effective ways to reach and interact with potential and existing customers. They also have one of the highest open rates, around 95-98%. This means that for every 100 successfully delivered SMS, almost all are opened.
To ensure the success of your SMS campaigns, follow the best practices discussed above. These include building a subscriber list, creating welcome messages, measuring performance, delivering time-sensitive information, and personalizing messages.
Economy
Unlisted Securities Shed 0.21% on Profit-taking
By Adedapo Adesanya
It was a bad day for the NASD Over-the-Counter (OTC) Securities Exchange on Monday, February 23, after it slumped 0.21 per cent at the close of business.
This pullback was influenced by profit-taking by investors in four securities, which overpowered the gains recorded by six others.
According to data, Central Securities Clearing System (CSCS) Plc dipped N3.79 to sell at N67.21 per unit compared with the previous N71.00 per unit, UBN Property Plc lost 13 Kobo to close at N1.98 per share versus N2.11 per share, Resourcery Plc fell 3 Kobo to 36 Kobo per unit from 39 Kobo per unit, and Geo-Fluids Plc depreciated 1 Kobo to close at N3.31 per share versus N3.32 per share.
As a result, the bourse’s market capitalisation went down by N5.04 billion to N2.384 trillion from N2.389 trillion, and the NASD Unlisted Security Index (NSI) decreased by 8.42 points to 3,985.90 points from 3,994.32 points.
Business Post reports that NIPCO Plc rose N23.00 to N253.00 per unit from N230.00 per unit, MRS Oil Plc added N14.50 to close at N214.50 per share versus N200.00 per share, FrieslandCampina Wamco Nigeria Plc grew by N1.85 to N93.40 per unit from N91.55 per unit, NASD Plc soared 40 Kobo to N51.28 per share from N50.88 per share, First Trust Mortgage Bank Plc advanced by 12 Kobo to N1.32 per unit from N1.20 per unit, and Food Concepts Plc improved by 6 Kobo to N3.76 per share from N3.70 per share.
As for the trading data, the volume of securities jumped 99.7 per cent to 7.3 million units from 3.7 million units, but the value depleted by 26.8 per cent to N61.8 million from N84.5 million, and the number of deals slipped 7.1 per cent to 39 deals from 42 deals.
At the close of trades, CSCS Plc was the most active stock by value (year-to-date) with 32.9 million units sold for N1.9 billion, followed by Geo-Fluids Plc with 120.6 million units valued at N473.4 million, and Resourcery Plc with 1.05 billion units exchanged for N408.7 million.
Resourcery Plc closed the session as the most active stock by volume (year-to-date) with 1.05 billion units worth N408.7 million, followed by Geo-Fluids Plc with 120.6 million units valued at N473.4 million, and CSCS Plc with 32.9 million units traded for N1.9 billion.
Economy
Customs Street Opens Week Bullish After 0.66% Surge
By Dipo Olowookere
The Nigerian Exchange (NGX) Limited ended the first trading session of the week on a positive note after it chalked up 0.66 per cent on Monday.
The gains recorded yesterday were boosted by the 3.42 per cent rise by the insurance sector, the 1.44 per cent surge by the banking index, and the 1.30 per cent leap by the industrial goods counter. They offset the 0.20 per cent loss posted by the energy sector and a 0.11 per cent decline suffered by the consumer goods industry.
Consequently, the All-Share Index (ASI) closed higher by 1,273.78 points to 196,263.55 points from 194,989.77 points, and the market capitalisation appreciated by N805 billion to N125.969 trillion from N125.164 trillion.
Business Post observed that investor sentiment turned bearish during the session after Customs Street ended with 34 price losers and 33 price gainers, representing a negative market breadth index.
Fortis Global Insurance gained 10.00 per cent to trade at 66 Kobo, Okomu Oil expanded by 10.00 per cent to N1,605.60, Fidson rose by 9.90 per cent to N95.50, NPF Microfinance Bank rose by 9.89 per cent to N6.89, and Infinity Trust Mortgage Bank jumped 9.84 per cent to N17.30.
On the flip side, The Initiates weakened by 10.00 per cent to N17.55, Deap Capital deflated by 9.97 per cent to N6.86, LivingTrust Mortgage Bank went down by 9.92 per cent to N5.90, Multiverse lost 9.92 per cent to close at N22.70 per cent, and Ellah Lakes shrank by 9.77 per cent to N11.55.
Yesterday, market participants traded 1.3 billion shares worth N31.5 billion in 95,091 compared with the 820.5 million shares valued at N28.3 billion in 63,507 deals last Friday, indicating an increase in the trading volume, value, and number of deals by 58.44 per cent, 11.31 per cent, and 49.73 per cent apiece.
Japaul ended the session as the busiest stock after selling 474.0 million units worth N2.0 billion, Chams traded 51.5 million units for N221.3 million, Jaiz Bank exchanged 48.3 million units for N566.9 million, Secure Electronic Technology transacted 46.3 million units worth N68.8 million, and Mutual Benefits sold 42.5 million units valued at N242.5 million.
Economy
Naira Further Crashes to N1,349/$1 at Official Market
By Adedapo Adesanya
The first trading day in the currency market in Nigeria ended bearish for the Naira as its value further weakened against the US Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEX) on Monday by N2.92 or 0.22 per cent to N1,349.24/$1 from the N1,346.32/$1 it was traded last Friday.
Also in the spot market, the Nigerian currency depreciated against the Pound Sterling by N6.62 during the trading day to close at N1,821.87/£1 versus the preceding session’s N1,815.25/£1, and lost N6.80 on the Euro to settle at N1,591.42/€1, in contrast to the previous rate of N1,584.62/€1.
At the GTBank forex desk, the Nigerian Naira crashed against the greenback yesterday by N1 to quote at N1,357/$1 versus the preceding session’s closing value of N1,356/$1, but in the black market, the Naira appreciated by N5 to close at N1,365/$1 compared with the preceding trading day’s N1,370/$1.
The Naira slide came amid renewed pressure as weekly inflows declined, as Bureaux De Change (BDC) operators were unable to purchase Dollars from banks two weeks after the Central Bank of Nigeria (CBN) reopened the official FX Market window to them.
It had been expected that BDCs would help to further deflate the parallel market premium, but according to reports, BDC operators had yet to commence FX purchases from commercial banks, two weeks after the apex bank said legitimate agents can access up to $150,000 from the banks.
There were no FX inflows from the CBN during the past week, according to a report by the research department of Coronation Merchant Bank.
Meanwhile, Nigeria’s external reserves, which provide the CBN with firepower to support the naira, rose to $48.77 billion as of February 19, 2026.
Meanwhile, the cryptocurrency market was in the red as a broader risk-off shift tied to an emerging “AI scare trade” in equities is weighing on crypto markets.
This is leading traders to sell, while the sharp liquidation events that typically attract dip buyers have seen no such move recently, with Bitcoin (BTC) down by 3.2 per cent to $62,901.86.
Further, Ethereum (ETH) depreciated by 2.5 per cent to $1,821.13, Cardano (ADA) slid 1.9 per cent to $0.2571, Litecoin (LTC) went down by 1.9 per cent to $50.45, Solana (SOL) shrank 1.8 per cent to $76.54, Dogecoin (DOGE) declined by 1.7 per cent to $0.0912, Ripple (XRP) slumped 1.2 per cent to $1.32, and Binance Coin (BNB) lost 0.6 per cent to sell for $589.88, while the US Dollar Tether (USDT) and the US Dollar Coin (USDC) closed flat at $1.00 each.
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