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The answer to this
question depends on who’s stats you read and what you see happening to your own
lists. I personally have seen my open rate go down fifty percent in just the
last year. Colleagues at a recent Newsletter & Electronic Publishers
Association luncheon corroborated my findings with theirs. Yet if you read
through two major sources on email stats you find conflicting
reports.
Let me walk you through some of the discrepancies and you can go to the
actual sources and see for yourself in more detail.
1) Click Through Rate – Steady or Decreasing?
Email Sherpa
published a brief overview on November 4th of last
year entitled: ANNUAL DATA REPORT: 2293 Marketers Share Real-life
Campaign Stats & Plans for 2005 we are quoted
the variances of marketers’ experiences. It’s hard to determine whether
these marketers are quoting from scientific objective data or from anecdotal
recall. Yet the overall consensus Email Sherpa reaches in its write up is that
clickthrough remains steady for house lists because 50% of the marketers say
there is no big change to their house lists.
Meanwhile, DoubleClick, in its Email Trend Report Q3 2004 which
tracks two billion messages sent by its clients reports otherwise. There is
no distinction made between house and third party lists. What Doubleclick
does report is that the average click-through rate (8.2%) decreased 10.9%
from, Q3 2003 to 9.2%
Email Sherpa shares marketers’ responses to what were this year's most
popular clickthrough rate answers:
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Newsletter articles sent to your house list - 6-10% CTR |
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Free offers sent to your house list - 6-10% CTR |
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Sales offers to your house list - 3-5% CTR |
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Anything sent to 3rd party lists - 0-2% CTR |
Perphaps these stats can serve as some informal benchmark for you.
2) What May Be Driving the Numbers Down
It’s definitely worth reading the whole Doubleclick report – it's all of four
pages and FREE. The most interesting point that I found in their
conclusions had to do with the effect of increasing mail files. To quote the
report,
"Newer customers (who typically tend to be more responsive)
now represent smaller and smaller proportions of total subscribers on file,
potentially driving overall declines in response in most categories."
So it sounds like segementing your files might well be worth it even by the
age of the record itself. Having six million names on files may seem like a
lot of data "wealth" when what it could mean is that you’re
loaded down with just a lot of digital baggage.
For The EmailSherpa Report Summary (full report for a fee) click
here.
For the Doubleclick
Report click
here.
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E-Commerce
Alert:
Online Consumer Fraud Rampant
in
New York
When it comes to crooked online
consumers New York City ranks number one in the nation, followed by Miami and
Los Angeles, according to survey of companies victimized by online consumer
fraud, which was conducted by Mountain View, CA-based CyberSource Corp.
The Big Apple had the highest rate of
credit card fraud, stolen credit cards and improperly obtained credit
information for online orders in the survey, more than twice as many as Miami
and Los Angeles and 13 times higher than the San Francisco Bay area.
Twenty-six percent of the instances of reported fraud were from New York.
"Few merchants will publicly
discuss this, but it's no secret that some areas of the country have tarnished
reputations due to a high incidence of e-commerce fraud," said Doug
Schwegman, director of market intelligence at CyberSource.
One reason why Internet credit fraud is
higher in New York may be the high concentration of trans-shippers in the
region, a person who receives orders fraudulently for forwarding other parts
of the world, especially Nigeria, Indonesia and parts of Eastern Europe,
according to Schwegman.
As reported Dec 14, 2005
DirectNewsline
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The use of generic
keywords for Internet search engines (as opposed to trademark names) and
convenient return policies boost online response and sales, according to two
recently released studies of consumer shopping behavior.
Generic terms accounted
for the majority of inquiry conversions to sales -- 61%, compared to brand
name terms used for searches, which converted to sales 30% of the time,
according to study findings released by comScore Networks, which as sponsored
by Overture Services Inc., a subsidiary of Yahoo Inc.
Eighty-three percent of
consumers use generic terms for Internet searches, rather than a product
specific term. Roughly 40% of the inquiries that convert to sales occur within
5 to 12 weeks.
"Search cannot be
thought of solely as a direct response marketing tool, especially in highly
considered product categories," said James Lamberti, vice
president of comScore Networks, in a prepared statement.
Ninety-two percent of
adults who shopped online or by catalog said they are somewhat more likely to
make another purchase if the return policy is convenient. Roughly 85% said
they would not likely shop again with a company that has an inconvenient
return policy, according to a survey commissioned by Austin, TX-based Newgistics
Inc. and conducted by Harris Interactive.
When returning a product
purchased online or from a catalog, 88% of consumers surveyed said they would
be likely to take advantage of discount offer for another purchase, survey
findings revealed. DirectNewsline Dec 14, 2004.
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U.S. visits to Web
shopping and classifieds sites jumped 25.6% from the year-ago holiday season
and peaked on Thanksgiving Day, said Internet research company Hitwise.
According to news
reports, between Nov. 1 and Dec. 25, those sites claimed 9.1% of all U.S.
Internet visits. Visits to large Web retailers peaked over a range of days. In
particular, traffic to Dell.com, eBay.com and Amazon.com spiked on Nov. 10,
Dec. 9 and Dec. 11.
On the other hand,
visits to the sites of major brick-and-mortar retailers such as Wal-Mart, Best
Buy and Target tended to peak on Nov. 25 -- or Thanksgiving Day -- as
consumers used the Web to research items before heading to stores for the
traditionally heavy "Black Friday" shopping day. DirectNewline
Dec 30, 2004
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Sol Grill, a Newport
Beach, CA restaurant has reportedly increased its customer traffic by 20% with
an e-mail marketing program, developed with the help of mUrgent Corp., an
e-mail marketing firm based in Santa Ana, CA.
After purchasing the
restaurant earlier this year the new owners opted for e-mail advertising,
rather than direct mail or space advertising to maintain customer loyalty and
attract new customers.
A database has been
developed to target promotions to customers who provide their e-mail
addresses. The restaurateurs Misty and Peter Thorne said the response has
shocked them. DirectNewsline Dec 21, 2004
Top
 Nielsen//NetRatings:
Week (01/02/05) from Imedia
Top search engines/portals & communities, and telecom/Internet services
sites; retail goods & services, and financial services advertisers.
http://www.imediaconnection.com/content/4913.asp
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