Strategic email is engaging email and traditional email campaigns often fall short of being strategic. To add real value, email marketers must utilize more effective metrics. The right metrics not only refine what and when you send emails but also allow you to evaluate the effectiveness of your marketing strategies.
Top executives prioritize:
Executives typically aren’t concerned with metrics like Open Rate or Click-Through Rate from your latest campaign. If you can’t demonstrate the importance of email to your top executives, you won’t secure the budget or resources needed to make email a key element of your strategic marketing approach, missing out on its potential benefits.
In this section of our guide, we’ll outline best practices for using conventional email metrics. We’ll also introduce a new engagement metric and explain how to connect email strategies directly to revenue growth.
Before diving into advanced measurement strategies, let’s review the most common metrics used by Email Service Providers (ESPs). We’ll define each metric, provide benchmark values for average and top-performing companies, and share optimization tips for improving results.
Here are the seven most common email metrics:
Definition: The number of emails that successfully passed through the sending mail server (your ESP). This may not match the number of addresses on your sending list, as it depends on how your ESP tracks sent emails. Some may count “bad” addresses in the total. Marketo defines this as the number of valid contacts who received an email.
How to optimize: To increase the number of emails sent, focus on growing and maintaining a healthy contact list. A well-maintained list ensures higher delivery success.
Definition: This refers to the number of emails that were sent and not rejected by the recipient’s server. Note that “delivered” doesn’t guarantee that the email landed in the inbox. Marketo defines this as the number of contacts who received at least one message.
How to optimize: Maintain a healthy email list, ensuring that invalid addresses or spam traps are not included. Review Part 2 for more on building and maintaining a healthy list.
Definition: Bounced emails are those that fail to be delivered. There are two types:
Marketo defines bounced as the number of contacts who received a bounced message.
The Value of Engagement: According to the Marketo Benchmark on Email Performance, top performers have lower bounce rates:
COPYRIGHTS DIGITAL MARKETING COMMUNITY 2019