Knowing Email Open Rates Increases Sales |
Open email rates are important because
even if someone didn’t make a purchase, they were at least interested enough to
open the email and glance at the information. This means they may be moved to
make a purchase on a later email, with may be worth sending.
While most email programs have software
that uses a pixel that records whether the email was opened or not, this
information may not always be accurate. This is because often times the pixel
may be part of a graphic which may or may not load if the email is opened and
may not give an accurate reading. It is generally accepted in the email world
that this mechanism may be inaccurate up to 35% of the time.
So if you do not trust your email software to track the email open rates, or you do not use email software that
has this feature, you can still get an accurate idea of how many people are
opening your emails manually when you send out offers like coupons or promo
codes - even if they don’t use them.
One way to figure out your email open
rate is to work backwards with one of your more successful emails. If the
conversion rate is a standard 3% to 7%, then your open email rate can be
approximated as 9% to 22%. These are good conversion rates and a successful
email. Also, as you can see, conversion
rates relate to open email rates at about 30%. Rates will vary depending on the
industry and quality of the list, but this is a good rule of thumb.
You can also test your email open rates by using an A/B testing method.
This means that you send two different emails
out to one list. Group A will get one email and group B will get the other.
Using the above percentages, you can observe not only which emails got the most
sales but also figure out the email open rates for each email group.
Whether or not you have email software,
you should always measure the results of your emails because if you don’t,
email promotions become a hit or miss proposition. This means that if you reach
a point in your business when you really need to make sales, you can count on
an email blast to make them if you have documented success.
See also: writeyourselfrich.net
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