List Building 2.0

I'm pretty sure this is how most people's inbox looks like. I might read maybe 2 in 100 such emails. Why do the seasoned marketers still want to be there in people's inboxes while the chance of your email getting is read is less than 5%? Why not have them like your facebook page? I'm pretty sure the read rate is atleast 5 times higher over there. Also, there is the AR cost to consider. I moderate a movie fan page which has around 1000 likes. I posted a poster last Saturday and so far it has reached more than 800 people (Facebook page Analytics).
I seek the experts' opinion on why they still hang on to email list building.
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Martin Platt
martin-platt.com
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