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Email Marketing Analytics and Testing - Web Association May 25, 2011

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Presentation on Email Marketing Analytics and Testing for the Cleveland Web Association luncheon on Email Marketing from May 25, 2011.
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Email Marketing Analytics & Testing Scott Mowery Search & Online Marketing Manager Cleveland Clinic May 25, 2011
Transcript
Page 1: Email Marketing Analytics and Testing - Web Association May 25, 2011

Email MarketingAnalytics & Testing

Scott MowerySearch & Online Marketing Manager

Cleveland ClinicMay 25, 2011

Page 2: Email Marketing Analytics and Testing - Web Association May 25, 2011

EMAIL ANALYTICS

2

Page 3: Email Marketing Analytics and Testing - Web Association May 25, 2011

Basic Email Marketing Metrics

• Deliverability• Open Rate• Clickthrough Rate• Effective Rate

3

Pre-Visit Measures

60% of email marketers use only these metrics(Source: Forrester Research)

Page 4: Email Marketing Analytics and Testing - Web Association May 25, 2011

Why Get Beyond Opens and Clicks?

• Learn more about users• Boost program efficiency• Justify your budget• Job security

4

Object: Measure engagement and conversions by segmenting your traffic

Page 5: Email Marketing Analytics and Testing - Web Association May 25, 2011

Measure Levels of Interaction

• Recency & Frequency• Bounce Rate• User-Generated Content• Social Media Sharing• Creating a user account• Lead Generation• Orders & Revenue

5

Pre-Visit Measures

Engagement Measures

Page 6: Email Marketing Analytics and Testing - Web Association May 25, 2011

What is the Value of Your Users?

• Churn Rate• Average Order Value• Average Subscriber Value• Cost per Lead• Cost per Order• Revenue Over 12 months• Lifetime Value

6

Pre-Visit Measures

Engagement Measures

Subscriber Level Measures

Page 7: Email Marketing Analytics and Testing - Web Association May 25, 2011

• Consistent tagging structure– Campaign, Medium, Source, Content

• Each message should have unique tagging• Allow roll up and drill down measures• Focus on critical, actionable metrics

Analytics Suggestions

7

More Info on Tagging Email Campaigns: bit.ly/emailtag1 bit.ly/emailtag2 bit.ly/emailtag3

Page 8: Email Marketing Analytics and Testing - Web Association May 25, 2011

EMAIL TESTING

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Page 9: Email Marketing Analytics and Testing - Web Association May 25, 2011

Why Should You Test?

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Page 10: Email Marketing Analytics and Testing - Web Association May 25, 2011

Why Don’t We Test?

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Page 11: Email Marketing Analytics and Testing - Web Association May 25, 2011

Testing Formats

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VS.

A/B Split Test Multivariate Test

Two recipes;Test one variable at a time

3 x 3 x 3 = 27 recipesMore Recipes = Longer Test

Page 12: Email Marketing Analytics and Testing - Web Association May 25, 2011

• Subject Lines & Sender• Calls to Action• Design & Imagery• Body Copy• Offers• Timing

Testing Elements

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Get Examples of EachEmail Testing Element:

slidesha.re/emailtestingelements

Page 13: Email Marketing Analytics and Testing - Web Association May 25, 2011

Testing Optimization Process

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Plan

Source: Forrester Research, Inc.

Design Develop QA

Launch Analyze Act Document

Pre-Send Optimization

Send & Post-Send Optimization

Page 14: Email Marketing Analytics and Testing - Web Association May 25, 2011

• Data trumps opinions• State a hypothesis, not scenarios• Establish goals/decisions• Take big swings• Remember the 6 P’s• Be a testing evangelist

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Plan Design Develop QA

Pre-Send Optimization Tips

Page 15: Email Marketing Analytics and Testing - Web Association May 25, 2011

• Measure to multiple goals• Strive for statistical significance• Archive results• Not all emails are equal• Retest your findings• Bring out the next challenger

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Launch Analyze Act Document

Send & Post-Send Optimization Tips

Page 16: Email Marketing Analytics and Testing - Web Association May 25, 2011

• ABTests.com & WhichTestWon.com• Your inbox• A/B Test Calculator (bit.ly/abtestcalc) • #email, #emailmarketing and #measure

Other Email Analytics Resources

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Page 17: Email Marketing Analytics and Testing - Web Association May 25, 2011

Scott [email protected] @scottmowery

View this deck on slidesha.re/mowery110525

clevelandclinic.orgFacebook.com/clevelandclinic

Twitter.com/clevelandclinicYouTube.com/clevelandclinic

Thank You!

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