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How to Measure Email Marketing Performance – Checklist

How to measure email marketing performance - Checklist [2021]

Why Measure Email Marketing Performance?

Bloggers usually start a newsletter with a particular goal in mind, be it growing brand awareness, driving conversions, or getting new leads. Here are the main reasons to track email newsletter statistics: 

What Metrics Should I Track?

To help you make email marketing a success story, we’ve compiled six of the most important metrics. Tracking them will allow you to avoid spam filters and always reach your recipients’ mailboxes. To make measurement more efficient, be sure to:

  1. Set a tracking schedule. It’s important to choose your timing (whether you’ll track emails weekly, monthly, etc.), so that you can see patterns of change.
  2. Define your goals. Tracking will only be helpful if you’ve clearly set your goals so that you can move in the right direction.
  3. Improve your newsletter. The metrics below will help you understand what’s working for your audience and what’s not, so make sure to improve your campaign based on these findings.

1. Bounce Rate

Bounce rate is the percentage of your emails that weren’t delivered successfully. There are two types of bounces:

High bounce rates are indicative of an irrelevant subscriber list. With email marketing databases expiring by about 22.5% per year, it’s important to regularly clean your mailing list and delete invalid contacts. Otherwise, email service providers might perceive you as an unwanted sender and start directing your emails to spam folders, which can jeopardise the success of your upcoming mail campaigns.

2. Delivery Rate

Delivery rate determines the percentage of emails that end up in your recipients’ inboxes. This metric shows the health of your mailing list. It’s automatically calculated by most email marketing software, but you can work it out yourself: take the number of total emails sent, subtract the number of bounces, and divide by the total number of emails sent.

Ideally, your delivery rate should be about 95%. If you have lower figures, make sure to clean your subscriber base, as there must be invalid or recently unsubscribed contacts on your existing list. Then, try to improve newsletter content. For example, email clients don’t like overly long emails and might not deliver them. In addition, subscribers are likely to mark irrelevant content as spam. Finally, complicated designs can also cause deliverability problems.

3. Open Rate

Open rate is the percentage of emails that were opened by recipients out of the total number of emails sent. You can increase your open rate in the following ways:

However, remember that your open rate is not always a reliable metric to assess a marketing campaign, as some email service providers can skew the figures by automatically opening emails, etc.

4. Click-Through Rate

Click-through rate (CTR) is the most important KPI for email newsletters, as it allows you to track clicks in emails and determine whether your offer is interesting. CTR is the percentage of people who chose to engage with your newsletter content and click-through to your website.

A good CTR is about 15%. So, if your newsletter yields more clicks, you’re delivering highly engaging content and using effective CTAs. Otherwise, here are a few tips on how to improve your CTR:

5. Conversion Rate

Conversion rate is the percentage of people who clicked-through to your website and converted into leads by completing an action, such as subscribing to your mailing list, making a reservation, filling out a survey, etc. 

If you track traffic from emails and have a high open rate and click-through rate, but your conversions are low, the problem is likely to be with landing pages, where customers don’t take action. Think about how long it takes for users to convert after subscribing and whether you can speed up this process. For example, by adding CTAs, personalizing landing pages, etc.

6. Unsubscribe Rate

Unsubscribe rate shows the percentage of people who decided to opt out of receiving your newsletter. Basically, it shows the number of people who appreciate your content and mailing frequency. The average unsubscribe rate is a little lower than 2%, but it may differ for each industry.

Unsubscribes happen for many different reasons, such as:

Note that not every marketing software automatically removes unsubscribed users from your list. Some of them might require you to manually delete such addresses after each request. Make sure to keep an eye on this process to avoid any legal trouble.

How to Avoid Spam Filters

Email software tools are constantly upgrading their spam filters to prevent the delivery of irrelevant emails. Basically, these filters focus on blocking irrelevant and unsolicited content from going to subscribers’ inboxes if those subscribers didn’t give permission to receive said content. Spam filters don’t normally share their filtering practices, but there are few things you can do to avoid them:

How to Measure Your Newsletter Performance

Measuring newsletter performance can provide a lot of useful insights, which can help improve said performance. Try to focus on and enhance KPIs that are important and relevant to your business objectives. Automate data collection using email marketing software and take the time to properly analyze email newsletter performance. With a mindful approach, success won’t take long to achieve!