| Latest Benchmarks Prove Email Still an Effective Marketing Channel |
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06/07/2012 01:02 (316 Day 07:41 minutes ago) | |||||
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The FINANCIAL -- Email may be one of the oldest online marketing tactics, but it is also one of the top performing.
May 2012 data from the CMO Council showed a significant majority of marketers worldwide (67%) rated email the most successful digital marketing tactic. June findings from the Direct Marketing Association (DMA) provided further, granular evidence of success, showing improvement in US email open rates and clickthrough rates (CTR) for both in-house and prospect-intended emails in 2012, as compared to 2010.
Advances in marketing automation and data segmentation over the past two years have undoubtedly led to more personalized, relevant email marketing programs, and these gains are reflected in increased engagement rates. However, more personalized forms of email communication do not necessarily result in higher sales: Conversion rates for both house and prospect lists declined slightly from 2010 to 2012.
As emarketer reported, however, credit card and banking emails from the financial services industry yielded the highest open rates, likely due to the fact that these emails are often tied to a person’s banking or investment account and contain critical user information.
General retail and CPG emails saw the highest CTRs, which is attributable to such emails containing the coupons and discounts that consumers value. CPG emails also saw the highest click-to-open rate, again, likely attributed to the inclusion of coupons and discounts.
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