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Learn how to measure conversion rates in email marketing

Posted: Tue Dec 03, 2024 10:45 am
by nurnobi75
Planning and analyzing results are two of the most important steps in your campaigns. Measuring the conversion rate in email marketing, for example, can tell you a lot about your customers and the effectiveness of your actions.

There is no doubt that email is one of the most important tools for establishing a closer relationship with your customers and generating more sales.

However, all benefits are reaped from a well-planned and segmented strategy .

In this post, we will show you the importance of analyzing this metric for your company, how to measure it and interpret all the data obtained. Check it out!

Content
How important is conversion rate in email marketing?
How to interpret these results?
How to measure conversion rate?
How important is conversion rate in email marketing?
The conversion rate measures how effective your email usa business fax list marketing strategies are. There is no point in investing in an action that will not bring benefits to your business.

Email marketing can greatly help a company grow in the market and build customer loyalty by sending targeted emails with a specific objective, encouraging action.

This action, through a landing page, can propose the download of an e-book, the presentation of a product, a video with valuable information, among other actions that are interesting to win over your persona.

But how do you know if your content brings results for your company?

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It is through the conversion rate that you can analyze these details. Seeing through Google Analytics that your emails are opened and your links clicked is not enough to measure the effectiveness of your strategy.

It is necessary to know how many people complete an action based on the objective of that email marketing.

Remembering that email marketing is also very important for carrying out A/B tests and the conversion rate has a direct impact on these experiments, so you can see which formats and strategies had the best results.

How to interpret these results?
Whether this rate is high or low, it allows you to make adjustments to your entire planning — always with the aim of increasing sales and building customer loyalty.

A low conversion rate may indicate that your audience targeting is not correct, that is, you are trying hard to reach customers who are not ideal and are not interested in your products or services.

From this point on, you need to review your entire planning, redo target audience research with current customers and the market to correctly define your target.

This metric also allows you to analyze your content in terms of subject, language and format.

If you send an e-book to a good contact list and notice a low conversion rate, it may be that this material is not interesting for your persona.

From there, you need to review the interests, desires and problems of your target audience and produce content based on this information, focusing on the call-to-action.

If you have noticed that your emails are not being opened very often, it may be because the subject line is not attractive, and you will need to create impactful sentences that will arouse your customers' curiosity to open those emails.

Another important point to note from the conversion rate is the time and period of sending.

You need to identify at what time of day your target audience is most likely to open emails and also what is the ideal period to send them — be it every 3 days, weekly, etc.

This is very important so that you don't lose that lead by sending too many emails and filling the inbox without any action being completed.

If your email marketing conversion rate is high, great! This is a sign that your strategy is in line with your business and customer goals. However, it is very important to monitor this metric constantly to keep up with changes in the behavior and interests of your target audience.

How to measure conversion rate?
The conversion rate in email marketing can be calculated by dividing the number of people who completed an action by the number of emails sent.

If a company sent a total of 3,000 emails and obtained 30 conversions, it can be said that the conversion rate of this campaign was 0.01, or 1%.

We cannot classify this result as a good or bad conversion rate. It all depends on the organization's goals and objectives, market niche, investment and profitability.

In other words, it depends on the context and you shouldn't compare it to other types of business. Focus on your results and always try to improve them.

Some tools can optimize conversion rate measurement, such as Google Analytics . It allows you to identify where the traffic to your website or landing page comes from, i.e. through which communication channel people found your pages.

This way, you will know exactly how many people completed an action from a marketing email to calculate the conversion rate.

The Mailbiz tool can also be useful. In addition to automating the sending of emails, the tool provides a series of analyses regarding your campaigns.

These analytics cover open rates, clicked links, engagement , and overall performance — and help your business improve targeting and increase sales.

However, you will only have a good conversion rate if you invest in quality campaigns and communication channels. It is very important that your website, landing page and email have a nice design , load quickly and are responsive.

They need to adapt to any type of platform, especially mobile, since many users currently access email and/or make purchases via smartphones and tablets.

And don’t forget: always produce targeted content that meets your customers’ needs. This way, you will get great results from digital strategies.