Driving websuccess email_2

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07/03/22 Driving Email Success: Technology Leaders, LLC www.technologyleaders.com 230 Park Ave. New York, NY 10169 (212) 808-305 Measuring Beyond the Clickthrough 07/03/22

description

With an open rate of 11.5% and a clickthrough rate of 2%, we are looking at averages that rival what would be considered above average in regular print-based direct marketing. But theclickthrough rate does not tell the whole story. Email effectiveness cannot be separated from overall site effectiveness. They’ve got to work together to achieve the desired result. Therefore, every marketer needs to understand where email sits in the overall conversion engine.

Transcript of Driving websuccess email_2

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Driving Email Success:

Technology Leaders, LLC www.technologyleaders.com 230 Park Ave. New York, NY 10169 (212) 808-3058

Measuring Beyond the Clickthrough

04/11/23

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Email is Useless!

If it doesn’t convert.

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Email Today:Familiar. . . 93% of online consumers are subscribers

(have provided their info to a brand) 88% of online consumers check email every

day 50% of consumers make purchases b/c of

email

93%88%

50%

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Email Today: Familiar but Flawed Consumers dislike spam

intensely Consumers fear viruses/have

privacy concerns Miscommunication: difficult to

convey tone; graphics are taking over?

Marketers cite uncertainty that email measurement data is accurate

Email in a vacuum works less well than when surrounded by other marketing efforts

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Email Common Definitions:

Open rate:

how many

TOTAL opensUniques:

How many RecipientsOpened it.

Hard Bounce:Incorrect address,

No recipient(cull from list)

Soft Bounce: No server

space, fell into spam,other blockage

Clickthrough: Clicked on a link

Conversion:Led to desired action

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Email Key Rates:

*historically this is similar to a good direct mail response rate

Open:11.5%

Clickthru:2%

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Effective Email: Gaining Trust

Most email users “trust” about 16 companies and will open their emails

Opt-in is best way to become part of it

Trusted Circle of Companies

16

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Effective Email: Create an Environment

Email campaigns not as successful in a vacuum

Landing PageEditorialMentions

email Online Ads

AffiliationSearch

Blog

Trusted email

Opt-in

Offer

Targeted Campaign

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Effective Email: Create an Environment

Focus Efforts on Collecting Email Addresses

Landing PageEditorialMentions

email Online Ads

AffiliationSearch

Blog

Trusted email

Opt-in

Offer

Targeted Campaign

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Effective Email: Create your best offer

Lots of Bandwidth (Larger Company): Offer can be continuing: market reports; seminar series

Offer Little Bandwidth

(Smaller Company): Offer can be one-time, like a white paper

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Effective Email: Opt-in Much Superior

Opt-in = 500% better clickthrough than non-opt-in

List churn = 30% per year Therefore the effort needs to continue in

order to maintain list effectiveness

500%500%

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Effective Email: Measure Thru Conversion

Trusted email

Targeted Campaign ?What happened to my Clickthroughs?

Web site

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Effective Email: Drive to Conversion

Followup emails to drive towards conversion Email content needs to educate not “hard

sell” Describe Problem/Propose Solution Construct site to drive conversion

Targeted Campaign Web Site MUSTConvert to

Sale

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Effective Email:What will people read?

Email?

People are busy with other things Get to key info quickly Think text PLUS graphic Use bullets and lists Short, punchy paragraphs Hyperlinks in moderation

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Effective Email:Structuring Content Attention (subject

line) Problem: Ran out of

books to read for fall

Solution: 3 for the price of 2

Proof: the books themselves

Call to Action: Shop BN

Subject Line: A Tale of 3 Sales -- Paperbacks, DVDs, and NOOK

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Effective Email:Structuring Content

Subject line: 2x better open rate with less than 40 characters

Get your hyperlink near the top of the content

Close with a second chance to click the link Always include “unsubscribe” Include social media buttons

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Working with a Provider:Can Help Avoid Common Pitfalls

Technology Leaders: "Driving Web Success"

Manually run email campaigns quickly become hard to manage

Look for a reputable provider that will create comprehensive performance reports for each message.

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Working with a Provider:Avoiding the Spam folder

“spam index” for your emails The index will help you with words to avoid--

beyond “pharmacy” or “viagra”* Indexing will also help limit the number of

links in your email; and suggest that you only link to websites that have an anti-spam policy

*Money-back, extra income, cards accepted, guarantee, special promotion, $$,100%, check or money order--and others!

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Targeting Email Messages:Always seek relevance

SegmentYour Lists

Focus Your Message

To Each List

Provide Value in Every Message

What are the Needs and Desires of

My subscribers?

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Remember the Goal:

CONVERSION

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EmailMeasurement

From open to conversion

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Email Measurement Examples: Number of email shares/social

media Number of forwards Number of unsubscribes v. new

subscribes Track Re-Tweets . . .and yes, how many

clickthroughs Set goals beyond the most common: for

instance--how about “revenue generated per email”?*

*requires web analytics

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What happens after Clickthrough?

Without Measurement--mostly a vast unknown

Did they do anything once they got to your conversion pages?

Did your site do a good job of converting?

How can you tell?

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Requires web analytics

Tracks behavior beyond clickthrough

. . .and into the site

Essential to understanding email effectiveness

More Meaningful Measures:

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Meaningful Measures: Analytics Challenges

Establishing proper campaign identification

Establishing proper campaign attribution

Aligning feedback loop for optimization

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Email Function in the Sales Funnel

REACH

ENGAGE

CONVERT$$$RETAIN

EMAIL

EMAIL WEB SITE

CUSTOMERS

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ContentE-CommerceLead GenerationSelf-Service/ Information

Apples, Oranges, Pears and Kumquats(the 4 types of sites and how to measure them)

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You’ll want to improve. . .

Stickiness Direct Sales Customer

Contacts Efficiency/

Productivity

Content E-Commerce Lead

Generation Self-Service/

Information

If you are a______site. . .

Conversions for each site type

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Reach (Campaigns--like email!) Engage (Landing Page/Other Convincing

Content) Convert (Visitor performed desired action) Retain (Re-target, up-sell, cross-sell)

For ALL sites. . .

Stages of Conversion

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Email is a

REACHmechanism,

feeding leads to your site

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Framework for Analytics ROI

• e5o: (eBusiness 5-Step Optimization) provides a framework for total Web ROI. Properly deployed, it is a complete, repeatable feedback loop targeted at success.

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Full Cycle Email Measurement:

Define Drivers Set of goals and targets for web optimization project

Clear understanding of success factors for web site

Activity Deliverable Benefit

Build Metrics Create measurement criteria plus tool configuration

Gain critical insight into web performance

Plan Actions Map of improvements, based on analytics

Targeted, achievable improvement goals

Create Changes Development and delivery of actual improvements

A web site that responds to quantifiable critique

Measure Success Evidence of improvement by percentage

Proof that the process resulted in. . .

. . .Better Web ROI

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Putting it All Together. . .

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Andrew [email protected]

m

Phone: (212) 808-3058 @Aedwards_TLwww.technologyleaders.com

Thank You!