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9/19/2015 Driving Email Success: Technology Leaders, LLC www.technologyleaders.com 230 Park Ave. New York, NY 10169 (212) 808-3058www.technologyleaders.com Measuring Beyond the Clickthrough 9/19/2015
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2 Email is Useless! If it doesn’t convert.
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3 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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4 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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5 Email Common Definitions: Open rate: how many TOTAL opens Uniques: How many Recipients Opened 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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6 Email Key Rates: *historically this is similar to a good direct mail response rate Open: 11.5% Clickthru: 2%
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7 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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8 Effective Email: Create an Environment Email campaigns not as successful in a vacuum Landing Page Editorial Mentions emailOnline Ads Affiliation Search Blog Trusted email Opt-in Offer Targeted Campaign
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9 Effective Email: Create an Environment Focus Efforts on Collecting Email Addresses Landing Page Editorial Mentions emailOnline Ads Affiliation Search Blog Trusted email Opt-in Offer Targeted Campaign
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10 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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11 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%
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12 Effective Email: Measure Thru Conversion Trusted email Targeted Campaign ? What happened to my Clickthroughs? Web site
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13 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 MUST Convert to Sale
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14 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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15 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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16 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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Technology Leaders: "Driving Web Success" 17 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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18 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, $$, 100%, check or money order--and others!
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19 Targeting Email Messages: Always seek relevance Segment Your Lists Focus Your Message To Each List Provide Value in Every Message What are the Needs and Desires of My subscribers?
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20 Remember the Goal: CONVERSION
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Email Measurement From open to conversion
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22 Email Measurement Examples: Number of email shares/social media Number of forwards Number of unsubscribes v. new subscribes Track Re-Tweets...and yes, how many clickthroughs Set goals beyond the most common: for instance-- how about “revenue generated per email”?* *requires web analytics
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23 What happens after Clickthrough? Without Measurement--mostly a vast unknown Did they do anything once they got to your conversion pages? Did your site do a good job of converting? How can you tell?
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24 Requires web analytics Tracks behavior beyond clickthrough...and into the site Essential to understanding email effectiveness More Meaningful Measures:
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25 Meaningful Measures: Analytics Challenges Establishing proper campaign identification Establishing proper campaign attribution Aligning feedback loop for optimization
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9/19/2015 26 Email Function in the Sales Funnel REACH ENGAGE CONVERT $$$ RETAIN EMAIL WEB SITE CUSTOMERS
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27 Content E-Commerce Lead Generation Self-Service/ Information Apples, Oranges, Pears and Kumquats (the 4 types of sites and how to measure them)
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28 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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29 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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30 Email is a REACH mechanism, feeding leads to your site
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31 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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9/19/2015 Full Cycle Email Measurement: Define DriversSet 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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34 Andrew Edwards aedwards@technologyleaders.com Phone: (212) 808-3058 @Aedwards_TL www.technologyleaders.com Thank You!
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