"Is our open rate above or below average?", "Are our click rates in the green zone?" - these and similar questions are regularly discussed in marketing teams. Episerver's "Email Marketing Benchmark 2019" study provides a big industry comparison of the most important campaign metrics in email marketing. Episerver is a provider of CMS, e-commerce and omnichannel marketing solutions.
Subject lines: Personalization works, emojis fall flat
In order to stand out and create the highest possible relevance for recipients, it is advisable to personalize subject lines. In the test, however, this was the case in only 22 percent of the mailings examined. At the same time, the average open rate of personalized subject lines is 22 percent higher than that of non-personalized mailings. In the travel segment, personalized subject lines even performed 47 percent better. On the other hand, subject lines with symbols did not show a better open rate in any industry. However, the effective click rate of mailings with symbols in the subject line was higher than in those without symbols. The combination of personalization and icons developed real appeal in the retail sector: here, the open rates of the mailings studied were not only higher than those without one of the features, but also higher than those with only one of the two attention grabbers.
Opening rates: Finance top, Fashion flop
An important key figure for the success of email marketing is the open rates. In 2018, this averaged 28.08 percent. Providers in the finance, insurance and real estate sectors achieved above-average values (38.02 percent). The retail & e-commerce sector also had above-average open rates of 31.15 percent. Only the fashion sector is well below average here, with 20.36 percent. One possible explanation for this is the high level of competition in the fashion segment. Due to the abundance of stores that send newsletters, recipients are apparently more selective in opening them. In addition, especially when it comes to fashion, there is also a lot of advertising via other channels, which leads to a faster saturation of information, according to the experts at Episerver.
Fashion mailings have the worst click-through rates
The click rate shows whether a recipient is really interested in the information or offers listed in the mailing. According to the survey by Episerver, it averaged 5.17 percent in 2018. As with open rates, click rates in the finance, insurance and real estate sector are also well above average, averaging 8.24 percent. The fashion industry again brings up the rear with 3.56 percent. The reasons for this could be that the fashion presented is very much a matter of taste, and that fashion newsletters sometimes have different intentions and function more as a source of inspiration without a clear purchase intention than mailings from other sectors.
Business customer area (B2B) shines in terms of opening factor
The open factor indicates how often a mailing was opened by recipients on average. A high value can also be an indicator that the e-mails were frequently forwarded to friends, family members or work colleagues. The rule of thumb here is: the higher the opening factor, the higher the perceived benefit of the e-mail. In the benchmark study, B2B mailings scored among the best in terms of opening factor, with an opening factor of 2.1 percent. This is in line with the assumption that decisions in companies are usually shared between several people and that e-mail information is exchanged within the team accordingly. Across all industries, the average value is 1.88.
Deregistration rate: 0.1 percent is the norm
The unsubscribe rate establishes a ratio between unsubscribes and delivered emails. The lower the value, the better. In the case of an organically grown e-mail distribution list, the unsubscribe rate should be below one percent. Those who achieve higher values, according to the advice of the Episerver experts, should check their measures for address acquisition and the consent procedure. The highest unsubscribe rates are found in the finance, insurance and real estate sector with 0.36 percent. Travel providers come in at 0.19 percent. Apparently, interest in these topics is limited in time. Anyone who has found a new apartment or booked a trip, for example, unsubscribes from the newsletter.
Business customer area (B2B) shines in terms of opening factor
The open factor indicates how often a mailing was opened by recipients on average. A high value can also be an indicator that the e-mails were frequently forwarded to friends, family members or work colleagues. The rule of thumb here is: the higher the opening factor, the higher the perceived benefit of the e-mail. In the benchmark study, B2B mailings scored among the best in terms of opening factor, with an opening factor of 2.1 percent. This is in line with the assumption that decisions in companies are usually shared between several people and that e-mail information is exchanged within the team accordingly. Across all industries, the average value is 1.88.
Deregistration rate: 0.1 percent is the norm
The unsubscribe rate establishes a ratio between unsubscribes and delivered emails. The lower the value, the better. In the case of an organically grown e-mail distribution list, the unsubscribe rate should be below one percent. Those who achieve higher values, according to the advice of the Episerver experts, should check their measures for address acquisition and the consent procedure. The highest unsubscribe rates are found in the finance, insurance and real estate sector with 0.36 percent. Travel providers come in at 0.19 percent. Apparently, interest in these topics is limited in time. Anyone who has found a new apartment or booked a trip, for example, unsubscribes from the newsletter.