Is Email-marketing is still preferred Way of Marketers to market their products?

@net101 (158)
India
March 31, 2009 1:52pm CST
I have been reading a while that importance of email marketing has diluted due to spam filters and spyware and adwares injected by the spammy marketers. In the mean time, Social Media has taken over the internet by storm. Do you feel, if you market any product or service on the web, days of email marketing are over?
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