While many online marketers will insist that open rate is the most important factor in successful email campaigns, we contend that this is not necessarily the case, and that there is not a direct correlation between open rates and conversions. It’s complicated.
Admittedly, prospects can’t convert if they don’t open the emails you send them,and so open rates do matter. On the other hand, the mere act of opening an email does not, necessarily, lead to conversion. In fact, conversion rates depend upon a number of factors that are independent of open rates.
Let’s look at some of these factors.
Subject line
Subject lines most closely affect a prospect’s decision to open an e-mail, but they also affect conversion, not unlike the way a well wrapped present invites you to find the gift inside. When composing your email subject lines, consider the following recommendations.
Timing
The timing of the delivery of your email matters a lot. Identifying a day of the week that produces the best response can be crucial to the success of your campaign. If you want to get more sophisticated about timing, you can do day-part targeting, a technique used extensively in marketing and advertising, to identify the times of the day that email recipients are at their most receptive.
Test which day of the week results in the most opens and clicks for your emails. If you add time of day to your testing, you will have all the information you need to identify the optimal time to send emails to your prospect donors
Call To Action
The call to action has the most direct impact on conversion. A call to action instructs readers to DO something, like click, download, or subscribe. The call to action links the email’s content to your desired outcome. Follow these suggestions to optimize your calls to action.
Testing
Hitting the right subject line, sending your email on the right day, authoring relevant content, and including a compelling CTA are all factors whose effectiveness can be measured and improved through testing.
A/B split testing is standard operating procedure for testing marketing messages and no less so with email messaging. In an A/B test, you set up two variations of the email, perhaps varying the subject message, or the CTA. Your criteria for success will depend upon the email element you are testing. If you are testing the subject message, open rate is your criterion. If you are testing CTA, then conversion rate is the metric to monitor. Send the email versions to a small percentage of your total recipient list, the test group. Half of the test group is sent email version A and the other half gets email version B. The result, based on the success criterion you have selected, determines the more effective email and that version is sent to the remaining recipient list.
The suggestions we have presented in this post will help increase the effectiveness of your email campaigns. But these suggestions are by no means all there is to know. There are many online resources that provide additional suggestions for mounting a successful campaign. Two that I recommend are ClickZ Email Marketing Best Practices and 7 Expert Email Marketing Tips.
Looking for more ways to make your marketing programs more effective?