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BEYOND THE OPEN RATE Presented By: Dela Quist CEO Alchemy Worx
41

Beyond the Open Rate

Feb 25, 2016

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Beyond the Open Rate. Presented By: Dela Quist CEO Alchemy Worx. Alchemy Worx Clients. What about B2B?. B2B. B2C. Improving open rates makes us focus on the Subject Line . Shorter is better right?. Subject Line Length - Characters. Subject Line Length – Number of Words. What's going on?. - PowerPoint PPT Presentation
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Page 1: Beyond the Open  Rate

BEYOND THE OPEN RATE

Presented By: Dela Quist CEO Alchemy Worx

Page 2: Beyond the Open  Rate

Alchemy Worx Clients

2

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What about B2B?

B2B B2C

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Improving open rates makes us focus on the Subject Line

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Shorter is better right?

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Subject Line Length - Characters

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Subject Line Length – Number of Words

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What's going on?

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Short - Ambiguous or Misleading

“Summer starts here”

CTO Rate = 7%

Open rate 75%

Relevant Customers

10%

Click Rate 5.25%

Subject lines act as a relevance filter

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Subject lines act as a relevance filter

Long - Multiple Proposition “50% off Nike trainers; the latest from Wimbledon,

Plus your chance to win a spa weekend”

CTO Rate = 28.5%

Open rate 35%

Relevant Customer Group A

10%

Click Rate 10%

Relevant Customer Group B

10%

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Subject lines act as a relevance filter

Short - Strong Single Proposition “Nike trainers - 50% off”

CTO Rate = 60%

Open rate 15%

Relevant Customers

10%

Click Rate 9%

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By focusing on open rates what we are trying to do is get everyone to open click and buy from every email they get

from us by sending fewer and fewer messages!

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Why is Branding an important consideration?

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Relevance Timing Triggered messaging Behavioural targeting

Current thinking dominated by DM techniques - RFM

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Standing out in crowded Inbox?

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More than 1 chance to make a difference

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More than 1 chance to make a difference:Make them work together

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More than 1 chance to make a difference

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An opportunity Wasted?

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Top Tips for promoting Brand Values in your SL

Focus on a values you wish to be identified with

Branding is about repetition – once identified keep repeating your core values

Emails do NOT have to be opened for your brand values to register

Discounts do not build your brand

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Insula Skiathos

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Insula Skiathos

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Insula Skiathos

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Insula Skiathos

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The vast majority of email does not get opened no matter what you do

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Spent over $20,000 in last 12 months

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The nudge effect: subject lines influence non-openers too

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Top SL Tips for promoting sales in other channels

Send times should be based on peak sales in that channel

SL should acknowledge the channel “Great deals in store this weekend”

You can still promote specific products and great offers

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Email has a veeerrrry long tail

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Purchase from time of deployment

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Purchase from time of last click

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1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 160.0%

5.0%

10.0%

15.0%

20.0%

25.0%

30.0%

35.0%

40.0%

Open and Click Rates/ Open and Click ReachOpen Reach (% of Del) Click Reach (% of Del) Total Open Rate Total Click Rate

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Open and Click Rates/ Open and Click Reach

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The problem with AB testing

Early openers behave very differently to late openers

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Opens & Clicks Over Time

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EMAIL: [email protected]

LINKEDIN: HTTP://UK.LINKEDIN.COM/IN/DELAQUIST

TWITTER: @DELAQUIST@ALCHEMYWORX

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