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First, a short story
Recently I participated in a roundtable discussion led by a salesperson for one of those cookie-cutter planned giving website companies. She was showing off her firm’s marketing emails. As she presented her Powerpoint slides, she kept emphasizing how wonderful the open rates were.
17% open rate. 28% open rate. 34% open rate.
“Oooh. Aaah. Wow” said the others seated beside me.
Then I asked, “Why are you measuring open rates? They don’t account for the effectiveness (or ineffectiveness) of email marketing. No smart marketer cares about them. I don’t get it. Why do you keep talking about open rates?”
Stunned! The sales rep was stunned. She had no idea what to say.
That’s because she didn’t know a darn thing about effective marketing. She was just spewing misinformation. Sadly that’s what I see happen at most fundraising conferences. That’s why I rarely go to them.
Some people call email open rates empty metrics. Others say they are just a vanity metric. I’m here to tell you that there’s simply no good reason whatsoever to measure them. Here’s why:
So what should you measure instead?:
What really matters is engagement! Email open rates are faulty and useless!
So the next time you hear one of those cookie-cutter planned giving website salespeople tell you about their open rates, tell ’em you know better.
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I like seeing the focus here. Thanks for providing metrics that SHOULD be used instead!
My pleasure Colleen! Thanks for reading my blog!
I agree. And I have noticed that on my smart phone or tablet that in order to delete an email in gmail, I cannot just slide it and delete. I have to open the email and then delete it. Which means every email I get in gmail is opened. But 99% I just open to delete. That has to be giving lots and lots of false positives. My measure of emails is how much money did I raise/net. Period.
Exactly Christopher. False positives abound!
You’re smart!!!
In the final analysis, it’s the number of leads generated that counts (e.g.: requests for more information, phone calls, etc.) The rest is interesting but not central to the effectiveness of the promotion.
[…] That was in addition to the time in 2017 that I told you not to focus on open rates. […]