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Is Email Marketing is Effective ?
If someone is saying Email marketing is dead! - It’s not!
Still it’s the most effective way to get direct responds from your client; it will build a responsive audience of clients or customers for your business. It’s the strongest form of content marketing approach; it’s powerful
It’s so powerful because it’s something which is attached so Much with your ‘INBOX’
read more ..http://sharath-perso-b.blogspot.in/2013/08/is-email-marketing-is-effective-if.html
Depending on what your product offering is, I would say both might be good.
I mentioned in a previous email that I receive monthly emails from a beauty spa, notifying me of promotions for the month. I actually like receiving their emails and it clicks straight through to the website so I can book online.
Social media sometimes does become slightly cluttered with ads... maybe you can combine an email campaign and a social media campaign and see what yields the best results for your industry. If you have a databasis of loyal customers who you can target via email marketing, I say why not?