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Beyond the Open Rate: It’s Time to Think
      Reach Frequency and Impact!




Presented by: Dela Quist   @DelaQuist http://uk.linkedin.com/in/delaquist
CEO Alchemy Worx           @alchemyworx
Alchemy Worx Clients
How Much Time Do You Spend on
            Email
DMA / fast.MAP Email Tracking Study
When It Comes To SL’s People Are People

  B2B                          B2C
“Promoting the mundane is really
boring. It’s much easier to promote
  new [hot] stuff, especially when
          there’s no ROI.”

          Warren Buffet
People Hate Too Much Email




DMA Email Benchmarking Report
5c/click
Standing Out In A Crowded Inbox?
DMA / fast.MAP Email Tracking Study
DMA / fast.MAP Email Tracking Study
People’s view of frequency is
               subjective
• Trusted brands treated differently

• Brand advocates underestimate frequency

• Sign up to very few 10 or less so inbox is
  competition free

• Email from trusted brand much more likely to
  be called relevant

• Seasonality
Current Thinking Dominated By DM
          Techniques - RFM

 Relevance

 Timing

 Triggered messaging

 Behavioural targeting
In Effect What We Are Trying To Do Is Get
 Everyone To Open, Click And Buy Every Time
They Get An Email From Us - By Sending Fewer
             And Fewer Messages!
Time for a rethink?



Cost to create & send Direct Mail = $ 1 – 5..10..20….?



Cost to create & send email = $ – 0.0005
Branding is about influencing
               behaviour

     Relevance and timing are about
      being influenced by behaviour



18
Target Setting

•   Send Volume can be easily
    altered by you and has a
    very strong influence on the
    number of subscribers
    opening each message.

•   In order to elicit an open
    from the subscriber base,
    you need to send 6 messages

•   In order to generate a single
    click, you need to get 4
    opens

•   These measures can be used
    by you to determine the
    volume of messages that
    need to be sent in order to
    meet open and click based
    targets.
Calculation of Secondary KPIs
                                             Sent
 •   On average, to generate an additional
     £100 in revenue, you will need to:
      –   Send 335 messages

      –   48 opens

      –   7 unique clicks

      –   10 total clicks

      –   1 unique transaction

      –   1 purchaser
                                    Sent     Sent
Email Has A Veeerrrry Long
      Response Tail
Purchase From Time Of Deployment
Purchase From Time Of Last Click
DMA / fast.MAP Email Tracking Study
Not All Opens And Clicks Are Equal
Purchase To Click Ratio Over Time
Purchase To Open Ratio Over Time
Why are we so obsessed with
        open rates?
The Vast Majority Of Email Does Not
Get Opened, No Matter Who You Are
         Or What You Do
In The Inbox, The Subject Line Is The
 Only Part Of Your Message You Can
       Guarantee Will Be Seen
The Nudge Effect: Subject Lines Influence Non-
                 openers Too
2011 DMA Email Tracking Study
Standing Out In A Crowded Inbox?
More Than 1 Chance To Make A Difference
More Than 1 Chance To Make A Difference:
       Make Them Work Together
More Than 1 Chance To Make A Difference
More Than 1 Chance To Make A Difference
An Opportunity Squandered?
Snippets Count – Use Them Too
Multiple Proposition Sl’s - Can Be Very Long
Gilt Group emails
DMA / fast.MAP Email Tracking Study
View from the Mobile
View from the Mobile
DMA / fast.MAP Email Tracking Study
BRANDING = Reach Frequency Impact

Email should be the          Database Size

primary means by which




                                               Order of Importance
someone you already         Send Frequency

know, visits your site or
interacts with your brand    Subject Lines

online.                         Data
                             Segmentation


                            Offer & Creative
Contact details & further reading



WHITE PAPER: SUBJECT LINES LENGTH DOES MATTER

HOW TO CREATE AN EFFECTIVE SUBJECT LINE METHODOLOGY

THE SECRET POWER OF THE UNOPENED EMAIL

THE BEST SUBJECT LINE SEPARATORS

WHAT WORDS SHOULD I AVOID IN MY EMAIL SUBJECT LINE TO ENSURE I GET TO THE INBOX?



EMAIL: DELA@ALCHEMYWORX.COM
LINKEDIN: HTTP://UK.LINKEDIN.COM/IN/DELAQUIST
TWITTER: @DELAQUIST @ALCHEMYWORX
More
 Email-Worx: Weekly newsletter for email marketers

 Subscribe at http://www.alchemyworx.com



Articles and blog posts by Dela Quist

What to do about inactive subscribers
Maximising ROI without overmailing – how to determine the right send
frequency for your email campaigns
Lies, Damn Lies and Statistics relating to Email
The Nudge Effect in Email Marketing
Forget Relevance it’s about value!


                                    47

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Beyond the Open Rate: It's Time to Think Reach Frequency and Impact

  • 1. Beyond the Open Rate: It’s Time to Think Reach Frequency and Impact! Presented by: Dela Quist @DelaQuist http://uk.linkedin.com/in/delaquist CEO Alchemy Worx @alchemyworx
  • 3. How Much Time Do You Spend on Email
  • 4. DMA / fast.MAP Email Tracking Study
  • 5. When It Comes To SL’s People Are People B2B B2C
  • 6.
  • 7. “Promoting the mundane is really boring. It’s much easier to promote new [hot] stuff, especially when there’s no ROI.” Warren Buffet
  • 8.
  • 9. People Hate Too Much Email DMA Email Benchmarking Report
  • 11. Standing Out In A Crowded Inbox?
  • 12. DMA / fast.MAP Email Tracking Study
  • 13. DMA / fast.MAP Email Tracking Study
  • 14. People’s view of frequency is subjective • Trusted brands treated differently • Brand advocates underestimate frequency • Sign up to very few 10 or less so inbox is competition free • Email from trusted brand much more likely to be called relevant • Seasonality
  • 15. Current Thinking Dominated By DM Techniques - RFM  Relevance  Timing  Triggered messaging  Behavioural targeting
  • 16. In Effect What We Are Trying To Do Is Get Everyone To Open, Click And Buy Every Time They Get An Email From Us - By Sending Fewer And Fewer Messages!
  • 17. Time for a rethink? Cost to create & send Direct Mail = $ 1 – 5..10..20….? Cost to create & send email = $ – 0.0005
  • 18. Branding is about influencing behaviour Relevance and timing are about being influenced by behaviour 18
  • 19. Target Setting • Send Volume can be easily altered by you and has a very strong influence on the number of subscribers opening each message. • In order to elicit an open from the subscriber base, you need to send 6 messages • In order to generate a single click, you need to get 4 opens • These measures can be used by you to determine the volume of messages that need to be sent in order to meet open and click based targets.
  • 20. Calculation of Secondary KPIs Sent • On average, to generate an additional £100 in revenue, you will need to: – Send 335 messages – 48 opens – 7 unique clicks – 10 total clicks – 1 unique transaction – 1 purchaser Sent Sent
  • 21. Email Has A Veeerrrry Long Response Tail
  • 22. Purchase From Time Of Deployment
  • 23. Purchase From Time Of Last Click
  • 24. DMA / fast.MAP Email Tracking Study
  • 25. Not All Opens And Clicks Are Equal
  • 26. Purchase To Click Ratio Over Time
  • 27. Purchase To Open Ratio Over Time
  • 28. Why are we so obsessed with open rates?
  • 29. The Vast Majority Of Email Does Not Get Opened, No Matter Who You Are Or What You Do
  • 30. In The Inbox, The Subject Line Is The Only Part Of Your Message You Can Guarantee Will Be Seen
  • 31. The Nudge Effect: Subject Lines Influence Non- openers Too
  • 32. 2011 DMA Email Tracking Study
  • 33. Standing Out In A Crowded Inbox?
  • 34. More Than 1 Chance To Make A Difference
  • 35. More Than 1 Chance To Make A Difference: Make Them Work Together
  • 36. More Than 1 Chance To Make A Difference
  • 37. More Than 1 Chance To Make A Difference
  • 39. Snippets Count – Use Them Too
  • 40. Multiple Proposition Sl’s - Can Be Very Long Gilt Group emails
  • 41. DMA / fast.MAP Email Tracking Study
  • 42. View from the Mobile
  • 43. View from the Mobile
  • 44. DMA / fast.MAP Email Tracking Study
  • 45. BRANDING = Reach Frequency Impact Email should be the Database Size primary means by which Order of Importance someone you already Send Frequency know, visits your site or interacts with your brand Subject Lines online. Data Segmentation Offer & Creative
  • 46. Contact details & further reading WHITE PAPER: SUBJECT LINES LENGTH DOES MATTER HOW TO CREATE AN EFFECTIVE SUBJECT LINE METHODOLOGY THE SECRET POWER OF THE UNOPENED EMAIL THE BEST SUBJECT LINE SEPARATORS WHAT WORDS SHOULD I AVOID IN MY EMAIL SUBJECT LINE TO ENSURE I GET TO THE INBOX? EMAIL: DELA@ALCHEMYWORX.COM LINKEDIN: HTTP://UK.LINKEDIN.COM/IN/DELAQUIST TWITTER: @DELAQUIST @ALCHEMYWORX
  • 47. More Email-Worx: Weekly newsletter for email marketers Subscribe at http://www.alchemyworx.com Articles and blog posts by Dela Quist What to do about inactive subscribers Maximising ROI without overmailing – how to determine the right send frequency for your email campaigns Lies, Damn Lies and Statistics relating to Email The Nudge Effect in Email Marketing Forget Relevance it’s about value! 47