Exploring the Metrics of Email Marketing

Learning how to better understand your emailreaders actually opened the email.
marketing campaign is the first step to making it· The open rate tracking can be activated
work harder; delivering more positive reception, morewithout the user ever having read the email.
sales, and of course, more revenue.· Identify those customers who never open
There's a slew of email marketing metrics and it'syour emails and send them a completely different
vital you are confident in cutting through to thetype of offer, something you've never tried before!
metrics that matter most, and how to use them toIt's a great way to try out your ideas on an audience
improve your email campaign performance.that won't negatively affect your sales figures and
Delivery Rateyou never know: you might just discover a way of
Delivery Rate is most often derived from how manyreaching a new type of customer for your business.
emails were originally sent out minus the number that· If you're paying for your email marketing
were bounced back. Makes perfect sense doesn't it?on a per email basis, and the above tip doesn't work,
However, it offers no further advice on whether thedelete these non-responders from your mailing list
email was deleted immediately by a spam filter, orand reduce your budget.
diverted into a spam or junk folder. It's important toClick-through Rate
remember that email clients like Gmail have the abilityNow we're cooking! This metric starts to give us
to recognize and label familiar communications assome solid insight into how interested the target
spam without ever alerting either the sender or theaudience is in your product or price (or story if you
recipient.run an informational website). Industry sectors can
What can you learn from this?experience wildly different click-through rates, ranging
· A percentage of all delivered email WILLfrom an average of 57% in the restraurant sector to
end in a junk folder and you'll never know about it.5.7% in the automotive sector (source Harte-Hanks
· Thus there will never be an officialPostfuture Index(TM) for January-June 2006), and it's
unsubscription from the recipient because chancesoften a sign of how saturated the email marketing
are they're not even aware they have receivedarena is in your chosen industry, and how loyal
anything from you.customers are within that market.
Bounce RateAim for the highest click-through rate as possible by
Bounce rate is the exact opposite of delivery rate,including a clear and compelling call to action in your
although it's often split up into hard bounces and softemail communication; don't trust the recipient to
bounces. Bounces of the hard variety are being sentdecide the next course of action. What constitutes a
to an email address that doesn't exist; like sending acompelling call-to-action is down to your
letter to a completely fictional address. If the domainunderstanding of your audience and market but here
or recipient isn't recognized, the email will be returnedare some examples from my experience:
to the sender. Soft bounces can occur for a number· Buy 1 Get 1 Free Voucher Code - Ends at
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· You should be aiming to reduce your email0800 123 444 to discuss your policy
marketing bounce rate to make your campaignsNotice, Grasshopper, how retail calls-to-action often
more effective overall.rely on two elements to encourage email click
Unsubscribe Ratethrough: an good offer and a compelling deadline. You
Many of the reasons why people unsubscribe fromcan develop this even more by including
email marketing lists is down to how you got theirpersonalisation to really connect with your customers
email address in the first place. There are threeon a individual level. If you employ these tactics,
general ways to procure email addresses:make sure your landing pages are ready to convert
Buying a list of emails - When you send your emailthis traffic and deliver on your promises - otherwise
communication out to a cold list of people who haveyour readers may feel conned and your unsubscribes
never heard about you, be prepared for a significantwill rocket.
unsubscribe rate.Conversion Rate
Compiling a list from your previous customers -The term conversion isn't necessarily limited to
Unsubscribes from previous customers on yoursecuring a sale online. It can mean any goal that you
database can mean you are sending too many emailsdefine as a secured milestone of customer
and none of them are of any particular interest toengagement: email signups, brochure downloads, calls
your recipient base. Unless you have some real newsin to the business, installed firefox addons... they're all
worthy of telling your customers or you have aconversions to various industries. Most ecommerce
significant offer that doesn't insult them, I'd seriouslybusinesses will consider straight up purchases as
reconsider if you need to send that particular emailconversions, and email marketing is a proven way of
creative you're working on.boosting sales and revenue.
Opt-in emails - An unsubscribe from these guys is farConversion rate depends on many factors coming to
more telling. If they signed up in the first place thentogether on your landing page to bring the customer
perhaps you are bombarding them too much, or theyto the point where they are willing to commit to a
have received some unacceptable service from youpurchase:
recently.Timing
· Use a form on your unsubscribe landing8am on a Monday morning isn't a great time to launch
page to offer people the chance to tell you whyyour email campaign. Similarly schools won't respond
they have decided to remove themselves from youroutside of term time.
marketing list. Be prepared for some cutting remarks.Pricing
· Find ways to top up your email base (yourGet this right and customers will forgive a lot of
recipient list) to counter the effect of unsubscribesmistakes. Remember, email marketing is not the place
and provide the opportunity to engage a widerto shout about your average pricing policy.
audience.Relevance
· Don't treat low unsubscribes as a measureDear old Mrs. Ogden probably isn't going to be
of recipient interest; use more active metrics likeinterested in a 18-30 holiday to Ibiza. Match your
opens, clicks and conversions instead.message to your database for an instant conversion
Open Ratequick win.
The Open Rate is a bit of a misleading metric... use itUrgency
with care. It doesn't show you how interestedIf you decide upon an arbitrary deadline for an offer
potential customers are in what you have to offer,or voucher code you must stick to it ruthlessly. The
and it's certainly no indication they are a gentle nudgenext time it happens people will know it's for real.
away from actually clicking through to your website.Trustworthyness
Most email clients (Hotmail, Gmail, Thunderbird,You have literally seconds to convince your potential
Outlook etc.) display a snippet line which needs to becustomer that you're legitimate and credible. Red
clicked on to load the full content of the email, whichComic Sans and premium call numbers are a definite
will usually contain a piece of tracking code or pixelno no.
image that allows the sender to get reports back.Call-to-Action
What this actually means is that the recipients emailTell your customer what you want them to do next.
client displayed this code; nothing more, nothing less.People don't like to think on the internet so give
However, as long as you understand this, it's still thethem a clear direction what to click, call or download.
best indication we have of judging how many human