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Email Marketing A/B Test Strategy

May. 19, 2020
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Email Marketing A/B Test Strategy

  1. Email Marketing A/B Strategy Melina Miller Cohort 13 April 25, 2020
  2. EMAIL TEXT Brand Marketing: A Digital-First Approach Hi, First Name! I hope you and your family are in good health and staying safe during these times of uncertainty. I am reaching out to you with a one-time email to share an article I wrote that I think you might be interested in reading. The world is changing at a head-spinning pace right now, and among those shifts is the change of marketing strategies to fit this new environment. As a response to market uncertainty, many large-scale companies have cut back on their digital marketing budgets. As a result, digital advertising has become cheaper. This means companies and businesses still spending on digital marketing can get more bang for their buck. Our extended stay at home throughout this quarantine has shown us just how important a digital-first approach to brand marketing is. I collaborated with six marketing professionals to gain their expert insights on why a digital-first approach is essential for brand marketing. Click the Learn More button below to read what they had to say.
  3. HUBSPOT CONTACTS
  4. Title Intro Appeal Picture/Title Links to Social CTA EmailTemplate To the right, you can see a full version of my email template. To allow for a clear visual demonstration of the key elements, I have removed non- essential parts of my template from the visual on the left. The template displayed to the right is the template used for both versions of my A/B test, as the variant for this test was the subject line. I provided two opportunities for my readers to click a link to my article/website. In the body, I chose to forgo a button to connect on LinkedIn and provided a CTA button to only my article/website as I did not want to lead readers away from my primary CTA. However, to provide readers the opportunity to connect, I included a button to my LinkedIn and other social platforms in the footer. In both visuals, the orange writing stating, “First Name,” is in place of the personalization element, which generates the name of the reader upon sending.
  5. Variation I chose to conduct a subject line A/B test to determine if one subject line would draw in and attract more readers to open my email than the other. 2 Expert Insights: Why A Digital-First Approach to Brand Marketing Is Essential A/B TEST VARIATIONS IN SUBJECT LINE: A Digital-First Approach to Brand Marketing EMAIL A Subject: EMAIL B Subject: Subject Subject
  6. 1 2 3 4 WHAT WAS VARIED AND WHY WHAT WAS YOUR CALL TO ACTION? My call to action was a large grey button that matched the theme of my email and stated: “LEARN MORE.” This button was very visible, eye-catching, and drove readers to visit my website and read the intended article. HOW DID YOU INTRODUCE YOURSELF AND YOUR CONTENT? I introduced the content by mentioning current events and tied them into how they pertain to my article. This was designed to engage with my readers and drive them to read the article on my website. I formally introduced myself and related to my audience from an industry standpoint. WHICH VERSION DO YOU THINK WOULD PERFORM BETTER AND WHY? I hypothesis that version 1 will perform better because it demonstrates a more engaging title that has a better chance of grabbing the viewer’s attention and enticing them to open the email out of curiosity. I tested the subject lines among emails. I wanted to determine if either subject line would draw in and attract more readers to open my email than the other.
  7. 5 6 SUMMARY OF EMAIL DISTRIBUTION WHAT WERE YOUR KPI RESULTS BY EMAIL VERSION (A & B) A total of 204 emails were distributed in this test. I sent email version 1 to 102 people and email version 2 to 102 people. I created two email lists to spread the emails equally among my collected contacts.
  8. 7 Email A: 48.50% Email B: 48.90% OPEN RATES CLICK-THROUGH RATES CHI-SQUARE TEST Email A: 25% Email B: 28.30% After conducting a chi-square test, we can conclude that the differences in click-through rates between email A and email B were not significant. Therefore, moving forward, I can use either subject line. A/B TEST RESULTS25% 75% Email A CTR Clicks No Clicks 28% 72% Email B CTR Clicks No Clicks
  9. WHAT WAS YOUR END GOAL? DID YOU ACHIEVE IT? WHY OR WHY NOT WHO IS YOUR TARGET AUDIENCE? My target audience consisted of professionals from various industries, as I felt the information I had to offer was relevant to more professionals than marketers. The contacts on my distribution list were business professionals who showed an interest in receiving the content I had to share. As a result, I achieved my goal of increasing website traffic and establishing connections with business professionals who may be interested in my marketing services. I received several responses to my emails, and I will continue nurturing relationships with these professionals to accomplish my overall goal of obtaining job leads. My end goal was to increase website traffic and establish connections with business professionals in industries that may require my marketing services. I hope that engaging with these connections will eventually lead to potential work opportunities. With an overall open rate of 48.45% and a 26.6% click-through rate, I was able to establish professional connections and increase website traffic successfully. 8 Website Traffic Channels 9 Website Traffic Visitors *Both graphs represent a time frame between 4/22-4/27
  10. 10 WHAT MAKES A COMPELLING EMAIL FROM A DIGITAL MARKETER Research indicates that compelling emails use actionable language, are personalized when possible, and align the subject line and email copy. Email campaigns that utilize these copywriting features are found to be more attractive, engaging, and actionable. Using actionable language in a subject line clearly notifies the recipients of the contents of the email, so they know what information they will receive should they open it. Personalized emails result in action and engagement because the recipients portray the email to be personalized specifically for them with relevant content. The email contents and subject line should align to provide action and engagement to enhance click-through rates. WHAT WAS YOUR UNIQUE SELLING PROPOSITION TO YOUR TARGET AUDIENCE? To engage with my readers and drive them to read the article on my website, I used actionable language to communicate the value of the email contents. My email subject lines and preview text contained actionable verbiage to convince the recipients to open my email. My email header displayed eye-catching elements to pull the reader in and guide them through the contents of the email down to the call to action to persuade my audience to complete the action. Additionally, I used information pertaining to current events to communicate the value my article has in the current environment. 11
  11. Email Reflection Email marketing is a highly effective digital marketing strategy that converts prospects into customers and establishes customer relationships and loyalty. Email marketers perform well when they provide the right message, to the right person, at the right time. Effective email marketers reach out to their audience with personalized, relevant, dynamic messages and craft actionable verbiage to enhance engagement. Macy’s is a great example. Macy’s does a phenomenal job at personalizing their emails. To do this, they create very detailed customer purchase journeys using advanced analytics and remarketing pixels. Additionally, they create dynamic content in every email and send re-engagement emails. Macy’s personalizes their emails intending to provide a digital experience that is reflective of Macy’s in-store experience, and their emails always provide personalized value, such as discount offers, coupons, and relevant products. Their emails always provide a coupon, a call to action, and a personalized list of items based on the recipient’s previous purchases, searches, and interests. IN A FEW SENTENCES, WHAT DO EMAIL MARKETERS DO WELL? WHAT DO THEY DO POORLY? Email marketing is a great way to capitalize on digital marketing, but, if utilized too much, it can provide the opposite effect. While it is crucial to sculpt an email marketing strategy that provides personalized, relevant, and dynamic messages to the right audience, it is also essential to ensure you are not overestimating or underestimating the frequency with which your subscribers would like to hear from you. Digital marketers need to balance the need to promote the brand with the desire to avoid overstimulating your audience. Receiving too many emails too frequently from a brand will cause recipients to unsubscribe instead of making a purchase. While Macy’s is an excellent example of a brand that does email marketing well, they also have some unsatisfactory qualities in their strategy. Macy’s sends emails to their subscribers too frequently, with the average subscriber receiving approximately five to seven emails in one week. Macy’s should conduct a survey among subscribers to determine the desired email frequency preferences.
  12. Segmenting email marketing lists is crucial to achieving a successful email campaign. All buyers are different and need to be segmented into various segments to be able to tailor content to meet the needs of each type of customer. I would segment my audience based on demographics, geographic area, past purchases, and email engagement to provide relevant and actionable content to the recipients. According to Campaign Monitor, "Personalized email marketing is proven to increase open rates and drive revenue by as much as 760% because it helps marketers give subscribers more relevant, individualized content." I would leverage personalization in my strategy to tailor the content to make my customers feel like the email was written specifically for them. To increase sales, boost engagement, and strengthen the customer experience, I would include personalized elements in my emails utilizing data collected from various sources and stored in my CRM program. These elements would consist of personalized subject lines, suggestions for products or services relevant to the individual based on purchase history, and location-specific content. Based on my customer's interests and interactions, I can deliver personalized experiences with relevant and dynamic messages, including personalized offers, to meet the preferences and needs of my consumers. In addition, I can extend my personalization strategy by sending welcome emails, follow-up emails, and remarketing emails to build trust and strengthen customer relationships. Additionally, upon initial interaction, I would provide a survey that allows new subscribers to communicate and subscribe to my emails with the frequency of their choosing to ensure I don't overestimate or underestimate how often they desire to hear from me. If I were in charge of an email marketing program, I would implement a strategy that provides the right message, to the right person, at the right time. I would cultivate personalized, relevant, dynamic messages, and craft actionable verbiage to enhance engagement. To do this, I would segment my marketing lists and provide personalized experiences that deliver results using a customer relationship management program. A CRM program would allow me to collect relevant data and information that can be easily updated through the customer's journey. EMAIL REFLECTION IF YOU WERE IN CHARGE OF AN EMAIL MARKETING PROGRAM, WHAT WOULD BE YOUR STRATEGY FOR SEGMENTATION, PERSONALIZATION (OFFERS, MESSAGES, ETC)? Segmentation: Personalization: Offers/Messages:
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