Email Marketing and KPIs
Most common activity a digital marketer plan for is email plans ands execution. Most of the time we forget to define the key performance indicators and defining goal benchmarks.
Goals should be universal for standing closer to other business performances and reaching a standardize reporting mechanism.
So, when you talk about your mailer success–instead of just talking about open rate, or click-through rate, you can align that statistic to a meaningful business result that even others can understand and value.
Following is a representative sampling:
General E-mail KPIs:
- E-mail sent/delivered
- Open rate – Campaign over campaign opens (total/unique/% rate)
- Click-through RateCampaign over campaign clicks (aggregate/unique /% rate)
- Click to Action- (% who open the message and click through)
- Churn rate- (% unsubscribe/opt out/undeliverable)
- Viral Rate – Send to a friend
- Email reputation – Monthly unsubscribe to open rate
Web Focused :
- Cost per visitor
- Number of leads by entry page
- Heavy user share
- Average page views
- Site Loyalty
- Length of site visit by source
And for e-commerce driven indicators include:
- Total sales (campaign, month, quarter, segment)
- Profit/margin per e-mail sent / source
- Sales per e-mail sent
- Cost per e-mail sent
- Average Order Value (AOV)
- Number of orders
- Conversion rate (to open/click through)
- Number of site visits (page rank)
- Demand Generation
- Number of leads (by product/client type)
- Number of downloads
While all these are useful measurements, the challenge is to isolate the top three to five that mean the most to your business. They will change depending on organization goals and objective. In some of the organization list growth is also being considered as one of the KPI.
Awesome, I was looking for something along the lines of this. I was thinking, do you think newsletters are still an effective way of marketing online? Does anybody still use them well and actually get readers?
Cheers!
John
I’m grateful for you because of this wonderful articles. You actually did make my day :
I admire the actual post created by a person and would look for similar posts by you might surely allow us in one or even the other ways. Thanq
Terrific function! This is the type of information that ought to be shared around the internet. Shame on the search engines for not positioning this post higher!
After searching Google I found your site. I think both are great and I is going to be coming back to you and them in the long term. Many thanks
While we’re in the Email Marketing and KPIs | Digital Strategies & Marketing Tips at TanmayMohanty.com zone, Whatever form you ultimately choose, make certain that it will allow you to use email templates, as you will need each subscription request to include certain words within the subject for processing. Email form templates will enable the email messages delivered to your subscription address to contain any information you’d like.