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Your email marketing looks like it’s working. It isn’t.

18th March 2026

Most brands I speak to — whether they’re selling products or running SaaS — already have email in place. Campaigns are going out. Flows are live. Revenue is being attributed. On the surface, everything looks fine.

That’s exactly why it gets left alone.

Email doesn’t fail loudly. It doesn’t break or drop off a cliff. It just ticks along, generating enough activity and revenue to avoid scrutiny. So it gets labelled as “working” and attention moves elsewhere.

“It’s driving revenue, so we leave it.”

That’s the default.

But a large part of that revenue would happen anyway. Existing demand. Returning customers. People already close to converting. Email captures that demand, but it doesn’t necessarily create it. And because it’s easy to attribute, it gets credit for it.

So you end up with a channel that looks like it’s performing, even when it isn’t really changing anything underneath.

The question isn’t what email is generating. It’s what it’s changing.

Are more people converting than before? Are people getting to value faster? Are they coming back or engaging more over time?

If the answer isn’t clearly yes, then nothing is improving. The system isn’t getting stronger. It’s just running.

And most setups sit exactly there.

Most email marketing is still basic. It’s just better presented.

A welcome flow. Some post-signup or post-purchase emails. Regular campaigns. Maybe some segmentation. On paper, it looks complete.

In reality, it’s still one-size-fits-all. The same messages go to broad groups, on fixed timelines, regardless of what someone has actually done.

Someone high intent. Someone drifting. Someone already valuable. They all get variations of the same experience.

That isn’t lifecycle. That’s broadcast with better timing. And it leaves a huge amount of value on the table.


The channel becomes active, but not progressive.

Things are happening. But nothing is really moving forward.

People don’t convert at a higher rate. They don’t move through the journey any faster. They don’t become more valuable over time.

Because nothing is visibly broken, it doesn’t get challenged.

Which leads to the wrong conclusion: “We need more traffic.”

More spend. More campaigns. More reach. When in reality, there’s still a lot of value sitting in what you already have. It just isn’t being unlocked.

Email isn’t underused. It’s being used at a basic level.

It’s treated as a channel to send messages, not a system to shape behaviour. That’s the shift.

Stop asking how much it’s generating. Start asking what it’s changing. Because if it isn’t changing anything — conversion, engagement, retention, value — then it isn’t working.

It just looks like it is.

Member

About Christopher Haywood

Most brands have the hard part sorted — brand, product, traffic. What happens after the click is usually less clear. I focus on that bit — turning attention into actual revenue.

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