Key Performance Indicators for Email Marketing which Remain Important
The Most Important Metrics in Email Marketing Key performance indicators (KPIs) are very valuable in evaluating the success of strategies and their effectiveness in achieving what was intended. Within the realm of email marketing, KPIs serve as an unbiased measure that can determine whether or not this particular campaign is meeting its initial goals. However, numerals without any context are nearly meaningless. Contextualization is essential for email marketing KPI data to have any meaning. Two primary methods exist for achieving this – contrasting your latest campaign against other campaigns and measuring it against industry averages. As an example, if marketers wanted to analyse whether this year’s holiday promotion emails had a higher or lower open rate than those in previous years and what this could imply for the success of the current campaign, they would be enabled by comparing some specific KPIs from one campaign against the corresponding KPIs of other similar campaigns. The marketers quickly match their email marketing KPIs with the industry benchmarks and it’s not without good reason. For example, if you come across a situation where the bounce rate of your campaign is far above what is considered normal then it would be an indicator that maybe you should do away with the invalid email addresses or even change your current email service provider. While marketers are currently equipped with devices capable of assessing virtually everything, it might be quite appealing to evaluate everything. However, such information overflow can occasionally result in less clarity rather than more. For this reason, some email marketing KPIs are worth monitoring. Inbox Placement Rate (IPR) Open Rate Click-Through Rate (CTR) Conversion Rate Email Sharing/Forwarding Rate List Growth Rate Optimizing Marketing Email KPIs with Cross-Channel Marketing The use of a cross channel marketing platform such as Iterable can help you optimize your campaigns against the email marketing KPIs that really matter to you. You will be able to optimize for higher engagement by reaching out to customers personally and including the content they love on their favourite channels. For instance, automatically sending a subsequent email if any of your emails are deleted or going back again into someone’s inbox is possible through adopting other channel messages for following them up like SMS following e-mail messages. That way you might push them into reading the SMS sent to them, not forgetting also going back and checking an old email which was unread by them earlier. More opportunities for personalized messaging that drives customers to action are provided by cross-channel marketing. You can have increased email open rates, conversion rates, click through rates and other email marketing KPIs that matter to your brand by using personalized nurture campaigns to involve and re-involved your customers. Final Thoughts Understanding key email marketing benchmarks is crucial for measuring performance and making data-driven decisions. While industry standards provide a guide, the most important metric is your own consistent improvement. Track what matters with Emailidea’s real-time analytics dashboard.








