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What the Email Open Rate Doesn't Tell Marketers
Many marketers judge the effectiveness of email marketing
campaigns simply on the number of recipients who open the
message, but the open rate is only of limited usefulness in
evaluating a campaign or planning future campaigns, according
to findings from Jupiter Research.
Some 25% of companies polled by Jupiter say they are planning
to implement an email marketing application within a year,
but most had no plans to implement either email marketing
or customer-level clickstream analysis to go with it. Retailers
that don’t invest in analytical capabilities to track
customer’s behavior on a site after they click through
will be wasting some of their investment in email marketing
campaigns, Jupiter contends.
By contrast, email campaigns that factor in relevant data
gathered from clickstream analysis can boost response rates
and sales significantly. Jupiter cites an online sports apparel
retailer who assembled the customer list for an email campaign
offering NFL jerseys based not only on recency-frequency-monetary
data from past purchasers and geographic data showing which
shoppers lived close to NFL teams, but also on clickstream
data that identified shoppers who had frequently viewed apparel
on the site in the past year. The response rate was 62% and
the promotion achieved sales of $1 million over the previous
year’s campaign, which did not use clickstream data.
Isn't it time to decide which acquisition services will help you build and manage your
opt-in customer database?
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