Email Benchmarks for Building Product Marketers

9 Feb

Benchmarking Email Performance Can Be a Challenge for B2B Marketers

Measure your email marketing performance with these tips.

With so much data available, email is one of the most measurable tactics in a building product marketer’s arsenal…but how do you know where your performance rates?

The two most common metrics in email marketing are Open Rate and Click-Through Rate (CTR). However, before you even begin to benchmark, it’s important to understand that not every email platform measures those two factors the same way.

Open Rate: Open rate is defined as the percentage of people that open your email send.

Click-Through Rate: CTR is most-commonly reported as the percentage of unique people that received your email and clicked on any of the links within it, but sometimes is instead calculated as a percent of only the people who opened your email. In some systems, multiple-clicks from the same user may count twice, driving up CTR in comparison to truly unique CTRs. So make sure you are comparing apples-to-apples when looking at your own metrics and comparing them to those you see in other places.

Benchmarks: It can be challenging to benchmark in email because of wide variances in list size, send frequency, types of messages sent (education, sales promotion, both?), list age and how the list was obtained. If you’ve got a small, targeted list of current customers than you send messages 2x per month to consistently, your results are going to be stronger than a marketer that buys a list from a broker and sporadically sends a “FREE OFFER” email to it. But it still helps to have some kind of baseline statistics, and for that, there’s a couple resources I’d like to share:

Through resources like those, you’ll likely find that an open rate of 25-35% and a CTR of 4-8% is a solid B2B building products industry email campaign. From there, you can begin benchmarking yourself and testing against your own past campaigns, since they’re going to be the most accurate comparison for you.

Additional Articles:

2 Responses to “Email Benchmarks for Building Product Marketers”

Trackbacks/Pingbacks

  1. Deeper Email Analytics for Building Product Marketers « Depth Finder - March 13, 2012

    […] an earlier post, I covered some of the basics of email marketing benchmarking, and now I’d like to share some other ways you can better measure & optimize […]

  2. Phone Call Tracking for Building Product Marketers « Depth Finder - June 14, 2012

    […] previous posts, I’ve talked about basic email analytics, as well as more advanced ones and, surely, your team is measuring the performance of your website […]

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: