Email Benchmark Report 2022 - APSIS

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Email Benchmark
Report 2022
While the digital marketing landscape changes every
    Statista predicts that by 2025 the
                                                                                         year, email has continued to be one of the most effective
    world will send and receive about
                                                                                         channels for nearly every industry and marketer imaginable.

                                                                                         In 2021, roughly 306 billion emails were estimated to have been sent and received each day,
                                                                                         and more than 5 billion of those emails were sent by our customers alone.

    376 BILLION
                                                                                         It’s clear that emails will continue to play an   Compared to the email benchmarks a couple
                                                                                         even more important role in our everyday lives,   of years before 2021, both marketers and
                                                                                         and how it also shows that the performance of     customers alike have dramatically changed

                            EMAILS PER DAY                                               an email can make a significant impact on your
                                                                                         marketing and the growth of your company.
                                                                                                                                           the way they used email.

    and the number of global e-mail users are
    expected to reach a total of

                         4.6 BILLION*
                                                                                         SO, HOW CAN YOU TELL IF YOUR EMAILS ARE
                                                                                         PERFORMING AS WELL AS THEY SHOULD?
                                                                                         By comparing your own email performance against others in the same industry to see how you
                                                                                         stack up, of course!

                                         *an increase of about 600,000 users from 2020

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This year, Efficy combed through more than 5 billion emails sent by our customers globally   However, there’s always room for improvement, While Efficy’s focus on developing a
between January and December 2021 to present you with their statistics for you to assess     and we have tips to help you beat your own sophisticated data-driven marketing solution
against your own results.                                                                    ‘high score’ this year.                       is unparalleled, we recognise that email
                                                                                                                                           marketing will remain as one of the main

THESE STATISTICS WILL HELP YOU DETERMINE                                                                                                   cornerstones of every customer journey.

WHERE AND HOW YOU SHOULD FOCUS YOUR                                                          If you’re just under the average benchmark, we’re here to
EMAIL MARKETING EFFORTS FOR 2022.                                                            help you fine-tune your email marketing strategy and do even
                                                                                             better in 2022!
If your results eclipse the average benchmark,

                             L AT I O NS!
                        RATU
            CONG

                                                                                             EMAIL MARKETING BENCHMARK REPORT 2022
HERE ARE MORE NUMBERS PROVING WHY
    Here’s how customers used the
    Efficy Marketing platform to                                                             EMAIL IS VALUABLE FOR YOUR BUSINESS.
    their advantage in 2021:                                                                 For every $1 spent on email marketing, marketers in these various industries receive a ROI of:

                                                                                                     $32                       $36                     $42                    $45
    5,383,996,856                                                                                Media, Publishing, and
                                                                                                    Entertainment
                                                                                                                          Software and Technology    Marketing, PR and
                                                                                                                                                    Advertising agencies
                                                                                                                                                                           Retail, E-commerce and
                                                                                                                                                                              consumer goods

    EMAILS SENT BETWEEN JANUARY                                                                                                             Litmus
              AND DECEMBER 2021

    which averages to an estimate of

                                      14,750,676
                                       EMAILS SENT PER DAY

    From automated drip campaigns, to a content-segmented newsletter for multiple audience
    groups, our customers made the most out of their email marketing last year.

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Email Marketing Benchmarks 2022                                                                        Top 3 months with the least number
    Email campaigns have the power to re-engage customers, as well as attract new ones. The best
    part is the people you communicate with have already shown interest by giving you consent              of mails sent
    to reach out. So, how can you maximise the power of email campaigns through small, yet
    efficient, means?
                                                                                                           It would appear that the months with the lowest emails sent were during the summer, and of
                                                                                                           course, January—the month post-holiday. When everyone including their spirits and wallets are
    Let’s dive into our customers’ average Email Marketing Benchmarks from 2021 and find out               feeling a little depleted.
    how you can use these numbers to improve your own email campaigns.

                                                                                                                           January
    Top 3 months with the                                                                                                  428 million
    highest number of emails sent                                                                                                                 August
                                                                                                                                                  401 millionon
    Due to the impact of global events during the last two years, there’s been a shift in consumer
    behaviour. Many customers are buying less in-store and more online, changing the way brands market
    and sell to consumers. So, it should be no surprise that the month with the highest number of emails                                                                 July
    sent was November. The week long Black Friday frenzy has clearly taken over inboxes last year!
                                                                                                                                                                         365 million

                                                                      November
                                                                    508 million
                                                        March
                                                   490 million
                                          May
                                     472 million

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                                                                                                               EMAIL MARKETING BENCHMARK REPORT 2022                                                       9
Overall average email open rate
                                                                                                     The opens are calculated based on the number     Since the open rate relies on an image, it will
                                                                                                     of delivered emails that were opened by your     not always be 100% accurate especially if
                                                                                                     subscribers.                                     your subscriber has turned off images in their
                                                                                                     The tracking of open rate is possible because    email client or if they have enabled Apple’s
                                                                                                     of a hidden one-pixel image placed in the body   Privacy Protection—in which case you won’t
                                                                                                     of the email by your email service provider.     be able to tell if they have opened your email,
                                                                                                                                                      even if they did.
     One of the most pressing issues marketers face is deciding when to send an email for the best
     results. While you may not need technology to tell you that business-related emails might
     engage better during working hours on a Thursday than on a Sunday morning, this isn’t going
     to be the same for everyone.

           TIP: Email Scheduling                                                                     WHILE YOU SHOULD NOT RELY ON THE
                                                                                                     OPEN RATE AS OFTEN, YOU SHOULDN’T
           Just take a peek at a retailer’s data
           and you’ll see that people are looking
                                                     To better understand when is best
                                                     for you to send an email, you need to
                                                                                                     COMPLETELY IGNORE IT EITHER.
           emails about Black Friday sales during    understand your audience. Who they
           working hours.                            are, where they live, and when will they
           Content or sender isn’t always the only   have time to look at your email, for
           factor that leads to high open or click   instance, are some important questions
           rates.                                    you can ask yourself.

     By combining what you know about your subscribers with
     A/B testing, you can put your theories to test and get
     answers that are backed by data.

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It can be useful to see how your open rate changes over                                                Here’s a comparison of our overall average open click rate
time. Sudden spikes or falls may alert you to particular                                               against a couple of our competitors:
successes like a catchy subject line, or failures due to
delivery issues with Gmail, for example.

                                                                                                       Competitors’ overall average open rate:
This is a metric you use to evaluate your emails over a period of time, as it is an indicator of how
well your subject line and content resonates with your subscribers.

Knowing how to nurture your subscribers at each stage of the sales funnel is more valuable for
your business if you want to keep them happy and engaged for the long-run.
                                                                                                       18.0%                                   Campaign Monitor

                                                                                                       25.3%                                           Constant Contact

                                                                                                       23.1%                                        Email Benchmark

                                                                                                       Our customers’ overall average open
                                                                                                       rate is...

                                                                                                                                               25.6%

                                                                                                       EMAIL MARKETING BENCHMARK REPORT 2022                              13
What’s changed for email marketing in 2021?

     Apple’s Mail Privacy Protection
     In June 2021, Apple announced Mail Privacy Protection for their Mail app. This basically means
     that it “...stops senders from using invisible pixels to collect information about the user. The new
     feature helps users prevent senders from knowing when they open an email, and masks their IP
     address”.

     What does this mean for marketers?
     While we always encouraged marketers to not rely on just the open rate as the ultimate measure
     of success, we aren’t saying that you should ignore it. Turn your focus to other metrics—like
     clicks and conversions to measure success, and with Mail Privacy Protection in place, the need
     to rely on those metrics will be even more important.

                                                                                                            Gmail changes the colours of your GIF images
                                                                                                            Since Gmail started caching images using a proxy server. GIF images get compressed and some
                                                                                                            colours get removed. GIFs will then replace the missing colour with the next closest colour.

                                                                                                            What does this mean for marketers?
                                                                                                            The real cause behind this hasn’t been identified, but in most cases, GIFs ended up with a smaller
                                                                                                            image size. So, Litmus has come up with two methods to get your GIF images back to looking high-
                                                                                                            quality. First, is to resave GIF images at different colour tables (32, 64, 128, or 256). The second
                                                                                                            way is a more technical solution involving CSS blend modes. Get the step-by-step here.

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Why do you need to know this?                                                                   Overall average email
     Maybe GIFs aren’t a big aspect of your email marketing campaigns, but Gmail is one of the top
                                                                                                     click-to-open rate (CTOR)
     3 email clients in 2021:

                                                                                                     Your click-to-open rate measures the number of   Don’t mistake the click-to-open rate for the
                                                                                                     unique clicks divided by the number of unique    click-through rate, the latter gives you insight
     57.4%                                                                           Apple           opens, and this analyzes the performance of
                                                                                                     your email content.
                                                                                                                                                      into the percentage of the audience interested
                                                                                                                                                      in your content over time.

     30.4%                                                    Gmail

     4.1%                               Outlook
                                                     While Gmail saw the most webmail opens at       THESE TWO METRICS CAN BE A TAD
     2.5%                                                                                            CONFUSING, SO WE’VE BROKEN IT DOWN
                                                     89.6%, Apple had the most email opens on
                         Yahoo Mail                  mobile- 77.6% and on desktop- 54%. Apple’s
                                                     Mail Privacy Protection has also surpassed
                                                     webmail as the favoured email reading
                                                                                                     FOR YOU:
                                                     environment at 40.6% since it rolled-out in
     2.0%            Google Android                  September 2021.
                                                                                                     Click-through rate (CTR)                         Click-to-open rate (CTOR)
                                                                                                     This measures the percentage of recipients       This measures clicks based on who opened
                                                                                                     who clicked on the links in your email against   your email. It looks at the percentage of
                                                                                                     the total number of delivered emails.            unique individuals who clicked on a link after
                                                                                                                                                      opening the email.

     Turning your focus to the click-to-open rate instead of the
     open rate as a measure of email marketing effectiveness is
     even more crucial now.
     Keep reading for our tips, and email benchmarks on the
     click-to-open rate!

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Our customers’ overall average
                                                                                            click-to-open rate is...

                                                                                                                                    15%

     TIP: Email Readability
     As the CTOR only evaluates clicks         Make use of headlines, use consistent
     from people that actually viewed your     font sizes, and break up text with images.
     email, it is many marketer’s preferred    Structure important information at the
     metric when it comes to evaluating how    top and have a clear call-to-action (CTA)
     effective your messaging, design, and     for each topic in your email.
     content performed, and if generated       Try A/B testing subject lines, copy or
     enough interest in a subscriber to take   colours for your CTA button, and work
     action. This means your copy needs to     with segmented content to improve
     be readable and in bite-sized chunks of   your click-to-open rate.
     text— think short paragraphs of 2 to 3
     sentences at most.

                                                                                            IT CAN BE SAID THAT THE CTOR IS THE
                                                                                            MARKETER’S FAVOURITE METRIC FOR
                                                                                            MEASURING HOW EFFECTIVE THE MESSAGING
                                                                                            OF AN EMAIL CAMPAIGN IS.

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Overall average email click rate                                                                     SEGMENTATION PUTS THE POWER OF DATA
                                                                                                          IN YOUR HANDS.
     Like the open rate, the click rate is the other   If you have high click rates, it shows that your
     metric that’s used to measure engagement.         email content and messaging is relevant to the
     However, unlike opens, clicks give you a better   subscribers who opened that email.
     understanding of the content as it measures       Use this to guide the angle of your content for
     the total number of times any link in an email    future campaigns.
     was clicked.

     Our customers’ overall average click
     rate is...

                                                                                                                                                                It helps you construct long-term and profitable

                                             2.2%                                                                                                               relationships with your subscribers by targeting
                                                                                                                                                                and personalising for different audiences while
                                                                                                                                                                keeping your customers updated efficiently.

                                                                                                                  TIP: Audience segmentation
     You can start with segmentation.                                                                             Creating content that matters to your         If   you    have never worked with
                                                                                                                  subscribers is the key to relevance           segments, begin by grouping your
                                                                                                                  and a greater ROI. Start by working           audiences by language, or customer
     Your click rate helps you figure out what content is working                                                 with segmentation. The purpose of             status. Then slowly work your way
     and what isn’t.                                                                                              segmenting your content is to deliver         to more advanced segments like key
                                                                                                                  more personalised messaging to your           behaviours on your website or responses
                                                                                                                  subscribers based on, among other             towards a promotion or email.
                                                                                                                  things, location, demographics, interests,
                                                                                                                  and even level of activity with your brand.

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Overall average email                                                                                  Our customers’ overall average hard &
     bounce rate                                                                                            soft bounce rate is...
     Although your bounce rate isn’t a direct measure It will affect where your email lands, if it’s even
     of email marketing performance, it is a measure opened, and whether recipients engage with
     of your list hygiene. It can negatively affect your your carefully crafted content.
     email results if you neglect deliverability, as
     it contributes to the success rate of delivering
     emails to inboxes.                                                                                                                1.2%

                                                                                                             4.6%                         Email Benchmark

     By definition, an email’s bounce rate reflects the number of
     emails rejected by the receiving server. They can be divided                                            9.9%                                   Constant contact
     into three categories: hard, soft, and technical bounces.

     Hard bounces are the ones you should pay           Having either repeated or large volumes of
     more attention to as it means that it was          email addresses turn out to be hard bounces
     impossible to deliver the email. Once a hard       may threaten the health of your deliverability      The average bounce rate of emails sent through Efficy over the
     bounce happens, most email service providers       rate. On the other hand, soft and technical
     won’t make another attempt to deliver to that      bounces are usually temporary issues, and           last 12 months was a remarkable 1.2%—at least 3.4% lower than
     email address, and might even completely           email service providers will attempt a resend       our competitor’s overall industry average.
     stop sending after a few failed attempts.          within short periods of time.

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Build and deliver successful
                                                                                                      emails every time
                                                                                                      82% of B2B and B2C companies use email marketing technology. With such a large chunk of
                                                                                                      your competitors already using an email solution to reach customers and subscribers, you’ll
                                                                                                      need to be two steps ahead if you want to outshine the best in your industry.

     BOUNCE RATES 10% OR HIGHER?                                                                      Why is Efficy Marketing the better choice?
     Bounce rates of 10% and above is considered a bad sending, meaning there could be issues with    The grass is greener on the other side with Efficy Marketing.
     the email addresses you’ve sent to, or perhaps a problem with your email authentication setup.   You can expect to see up to:

     We recommend that you contact your support for assistance.
                                                                                                      50% Resources
                                                                                                      Saved with
                                                                                                      automated emails

           TIP: Minimizing bounce rate
                                                                                                      400% Increased sales
           Bounces will always happen when you           The longer you go between sending
           send an email. All you have to do is          emails, the higher the bounce rate will
           minimise it by consistently maintaining
           your list’s hygiene, and ensuring your
                                                         become.
                                                         If you find unusual increases in
                                                                                                      Through automated
           list acquisition tactics are secure and by    bounces, check that the sources used         emails vs bulk
           law. Take the time to review the statistics   to collect your subscribers details are
           for the bounces – it tells you a lot about    capturing correct email addresses in a
           the state of your subscriber lists.           secure manner.

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For beginners and experts. Try it!
Doesn’t matter if you’re a beginner or expert email marketer—effortlessly transform basic
emails into data-driven, hyper-personalised newsletters that stand out in a crowded inbox with
Efficy Marketing’s Email tool.

But don’t just take our word for it, see for yourself by
booking a free personal demo.
No obligations. Just a simple chat.
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