Email marketing secrets that most marketers don't know

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Email marketing secrets that most marketers don’t know By Elizabeth Yin, October 30, 2014

Transcript of Email marketing secrets that most marketers don't know

Page 1: Email marketing secrets that most marketers don't know

Email marketing secrets that most marketers don’t knowBy Elizabeth Yin, October 30, 2014

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Who am I?● EIR at 500● CEO/co-founder LaunchBit

(adtech for SaaS, Batch 2, acq by BuySellAds ‘14)

● Xoogler product marketing● BSEE Stanford, MBA MIT

Sloan

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Today’s talk is on● Overview of email marketing● Improving your open rate● Improving your click-through-rate

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Email marketing means so many different things...

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Newsletters are a great business...

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...but only if you

● Can get signups specifically for your newsletter

● Have high engagement (open rate / CTR)● Get scale ● Have high value brand advertisers in your

industry

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Here are the numbers:● $20-$50CPMs for email ads● $100-$300CPMs for dedicated emails

100k subscriber list w/ daily email (at ave $30CPM) -> $1M revenue per year

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But use transactional emails for marketing

● Emails should be ○ Dynamic○ Personalized○ Differentiated

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What can transactional emails be used for?

● Keeping your audience engaged● Nurturing leads via drip sequence● Thanking your audience

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What “numbers” should I be aiming for?

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Letter from a YC founder

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A pretty good open rate is 20%

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But open rates decline

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You need to look at cohorts

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What does average open rate mean?

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A couple ways to increase your open rate

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A/B test subject lines ONLY if...

● You are sending the same transactional/drip emails over and over

● AND you send 100k+ emails per month

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Try different subject line formats

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Send at a different time

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A couple ways to increase your click-through-rate

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We analyzed lots of emails...

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Most people click on the first or second link (< 5 links)

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Put your call to action upfront

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Breakdown of the campaigns we analyzed

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Doing the math...

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People click “evenly” on 5+ link emails

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So, reduce your links...

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Digest emails “teach” people to click

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Non-black fonts have a significant impact on click-through-rate

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One-column newsletters have a low impact on click-through-rate