Digital Marketers
Email marketing will remain a significant
portion of our digital marketing plans for the foreseeable future. The reason – it works and is readily accepted
by many consumers.
One of the questions I am frequently asked
deals with “average open rates”. (In
fact one of you asked me this very question!)
Off to the research center. Below
are links to four articles that all bring some form of thought to this
question.
MailChimp offers free research based on
industry and company size. Open Rates
High - 48.6% for Religion. Low Daily
Deals/E-Coupons 19.3%
My favorite section of this article is Tips
for Improving Your Stats. Ideas on
handling hard and soft bounces. I like “When it comes to subject lines, boring works
best. When you write your subject line, don’t sell what’s inside—tell what's inside. Read our study on writing effective subject lines.”
Open rates have dropped over the previous
five years. In 2008 they averaged a high
of 13.2% and by 2012 it had settled to approximately 10%. They also show open rates by industry and now
is a time to remind you to look at research methodology. The reported open rates for Mailer Mailer are
considerably less than MailChimp reporting.
But they tend to trend the same.
MM also reports “The next chart
demonstrates the cumulative percentage
of opens in the hours after your message is delivered. So, a message
delivered to 500 recipients may receive 50 opens, and this chart shows when
those opens occur in the hours after deliver.”
It
continues, “Our findings reveal that about half (51.7%) of all opens occur within
the first six hours after delivery. At 18 hours after delivery, about three
quarters (74.9%) of total opens have occurred. In general, most opens occur in
the first few hours after delivery, after which point they taper off until all
opens have occurred — approximately 2 weeks after the message has been sent.
This report, using data from Mailer Mailer
shows the Email Open Rates, by Hour adjusted for local time. “Generally speaking, much as with last year’s study, emails scheduled to be sent between the early evening and the
early morning achieved the best open rates.”
“While emails scheduled between
the evening hours and early morning tended to lead to the best email open
rates, emails were actually opened at a much greater rate during the workday
than during those overnight hours.”
Some key US findings for the five quarters ended 1Q12:
· Open rates
averaged 19.9%, down from a 2009 average of 21.3%.
· CTRs averaged
5.4%, up from a 2009 average of 4.5%. · Unsubscribe rates (0.27%) were in line with previous studies overall, but varied dramatically by industry type.
My answer to what is an acceptable open
rate? It doesn’t matter. The key to any good marketing is to test and
measure. Whatever today’s open rate is,
tomorrow’s should be better. This is a
great time to brush up on ideas for A/B Testing.
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