Email Marketing Benchmarks
How do you Compare?
Speaker

• Loren McDonald
  –   Silverpop
  –   VP, Industry Relations
  –   Twitter: @LorenMcDonald
  –   Google+: +LorenMcDonald
Why compare yourself with others?

No one in the entire world can do a
better job of being you than you.

                         Unknownsdfsf
As marketers, we often ask
       ourselves…
How do we compare?
Hmm, that’s an OK question.
The better question is…
How do we improve?
Benchmarks are
  worthless…
…unless you use them to take
  your marketing program
     to another level.
End of sermon.
OK, so what’s the #1
most asked question in
  email marketing?
What’s the average email open rate?
You asked…today we#1
     What’s the reveal…
most asked question in
  email marketing?
Review of
Final Notes /
   Q &A         Agenda        Selected
                               Metrics




                What to Do?
What We Did

Permission    • Asked clients to opt-in

  Data        • Ran the script

 Analysis     • Sliced, diced and organized
Overview of Benchmark Study

1124 Brands – 20 Countries

2011 + Q1 2012      Industries

US       Canada       EMEA
Industry Breakdown
But, do you really want to be average?
Metrics Sliced 4 Ways

 Top        Bottom
Quartile    Quartile

 Mean       Median
Quartiles
 Top 25% of data
             Average
                       {                 Top
                                       Quartile




Bottom 25% of data
             Average
                       {               Bottom
                                       Quartile
Mean (Average)


         Sum of All Metrics
Mean =   Number of Metrics    = Average
Median


           The central point of a set;
Median =   the number that occurs in
           the middle of a set of numbers
                     550 fell above
                            &
                     549 fell below
Metrics We Pulled*




* Blue highlight = discussed in today’s presentation
Agenda
Open Rates




             27
BTW, What is an “open” anyway…




  * “Derived” open
20.1%
WW: Open Rate - Average

43.7%
WW: Open Rate - Top Quartile



8.0%
WW: Open Rate - Bottom Quartile
Open Rate – Select Industries (WW)
Open Rate – Select Industries (WW-cont)
Click Rates
Click-through rates
Click-to-open rate
Clicks-to-clicker




                      32
5.2%
WW: Click-through Rate- Average

                            16.6%
                            WW: CTR - Top Quartile



0.7%
WW: CTR - Bottom Quartile
CTR – Select Industries (WW)
CTR – Select Industries (WW-cont)
19.3%
WW: Click-to Open Rate- Average

40.0%
WW: CTOR - Top Quartile



6.7%
WW: CTR - Bottom Quartile
1.56
WW: Clicks-Per-Clicker - Average


1.82
WW: Clicks-Per-Clicker - Top Quartile



1.34
WW: Clicks-Per-Clicker - Bottom Quartile
List Churn
Hard Bounces
Unsubscribes




               38
2.1%
WW: Hard Bounce Rate- Average

0.1%
WW: Hard Bounce - Top Quartile



7.3%
WW: Hard Bounce - Bottom Quartile
0.31%
WW: Unsubscribe Rate- Average


                   0.02%
                   WW: Unsubscribe Rate- Top Quartile


1.05%
WW: Unsubscribe Rate - Bottom Quartile
                                            * Percent of opt outs
                                            per messages sent
Agenda
1. Understand these are “process” metrics
2. Compare your metrics to the study
3. FIND THE GAPS
4. Use it to ask for budget & resources
4. Lobby for bigger budget & resources
5. Focus on the REALLY big issues
7. Then tweak and optimize
8. Compare again
9. Celebrate and get promoted
Agenda
Interested In Learning More?
Interested In Learning More?

      2012 Email Marketing Benchmark Report
        silverpop.com/marketing-resources
            www.slideshare.net/silverpop
               Twitter.com/silverpop
              Facebook.com/silverpop
Thanks / Q & A


             Loren McDonald
         lmcdonald@silverpop.com
             @LorenMcDonald
          Google+: LorenMcDonald

Email Marketing Metrics Benchmarks Silverpop

Editor's Notes

  • #53 Silverpop brings the expertise and experience to support your marketing needs. We are the only digital marketing technology provider that brings together email marketing, marketing automation and social sharing, including location-based marketing.Silverpop serves over 1,400 clients across a variety of industries, geographies and business sizes. We have been in marketing technology for over 12 years, this brings you a partner with the financial and operational stability to support your business, it brings you a partner with a depth of experience and with a highly scalable infrastructure. Silverpop is a global company, we have over 400 employees worldwide. Our US headquarters is in Atlanta. We also have offices in London and Frankfurt and do business in Asia Pacific through a reseller.
  • #54 If you would like to see our product in action, we would encourage you to attend one of our monthly product demos. This month, the email marketing-focused demo will be held on Sept.25 and the marketing automation-focused demo on Sept. 27. You can register for these demos or you can view a 5-min demo at any time by visiting silverpop.com.
  • #55 Also available at silverpop.com/marketing-resources is more information about future webinars, recordings from previous webinars, You can also access slides from Silverpop presentations on social media and countless other topics at slideshare.net/silverpop. You can also find us on Twitter and Facebook.