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Comment:
Set realistic expectations
The best way to find out
if anybody is reading you is to check the metrics. They will give you a realistic expectation of what is happening once your
e-letter arrives (and if it arrives).
For instance, if you send
out html e-letters, and if you use software or an e-mail delivery service that provides “tracking data,” you will
get to see delivery rates, open rates and click through rates for each of your mailings. These rates will tell you how many
letters were actually delivered to the intended inbox, how many of those recipients opened the letter, and how many times
that readers clicked on links in the letter to view the related material on your website.
If you send out text letters
that include plenty of links to your own website, and if you sign up for web traffic data for hits to your site, you too will
get a good idea of what is what. (No, you won't get "open" rates--the number of recipients who clicked on your letter an opened
it--because that is only available in html letters. But you will see how many people clicked through, and to what part of
your website, and that is very meaningful data.)
I assessing reader response,
it is important to keep in mind that many readers do their responding several days, or even weeks, after your mailing--because
they were busy when your e-letter arrived, out of town, sick, or battling a computer meltdown. Many respond only when especially
moved or stirred. These non-data understandings also help to set realistic expectations.
Sadly, many e-newsletter
professionals are reporting that, even when people have data like open rates, say, or click-through rates--they do not use
the data to inform them about how to improve their letter. Some never even look at the data, or if they do, they do not realize
its import.
This is sad, because that
data can provide telling insight to what draws reader interest and what doesn't. If readers are really interested in butterflies,
for instance, but the Insect Bytes e-newsletter only includes items on butterflies once in a blue moon, the e-newsletter is
missing a valuable opportunity to reach readers where they live.
What brings all this to mind
is a conversation I had not long ago with a woman who started to do some e-advertising about her firm via an e-newsletter
platform. She was getting clicks to her site from that ad but she was unhappy with the response.
Why the unhappiness? It turns
out that the woman had the wrong expectation about to expect by way of response rates to a single ad. She had expected that
most all the e-newsletter readers would click on through as soon as they saw the ad.
When she later learned that
her ad actually pulled a very high response rate by e-ad standards, she was chagrinned. She apparently had expected most of
the recipients to click on her ad. She also did not know that readers view the letter over a period of several days, with
a second wave of clicks 2 weeks later--in response to having heard about something in the e-letter from friends and associates
(the buzz marketing effect).
This lack of awareness reminded
me of the lack of awareness that some e-publishers have about their e-newsletters. They will spend extraordinary amounts of
time designing and promoting an e-newsletter, but relatively little or no time learning the ropes of response rates. If the
phone doesn’t start ringing off the wall once the e-newsletter goes out, they are mad. They may start blaming people,
or needling them to perform better.
What a waste of energy and
emotion. A better response would be not to assume automatically that the letter is not being read or that it needs a major
overhaul.
In the first place, in e-publishing,
the phone doesn’t typically ring off the wall. That is the kind of response that occurs (sometimes) with print publishing.
But with e-newsletters, no. Instead, watch for an increase in email responses.
Also, even if there is no
up-tick in email responses, it is wrong-headed to assume that the letter is not being read. To find out what is really happening,
it’s far better to resolve to track the online delivery statistics over several months, in order to develop a set of
realistic benchmarks and then compare those to industry benchmarks for the same class of e-newsletter that’s involved.
(Vertical Response --www.verticalresponse.com--has industry benchmarks, as do many other email service providers. Just check
around and you will find what you need.)
Only after benchmarking in
this way for several months should an e-publisher consider revamping an e-newsletter--if the response rate is not realistic,
that is.
Regarding the advertiser
mentioned above, once she learned about realistic response ranges for ads (and for her own ad), she quickly became a happy
camper--and she is still advertising online. That speaks volumes about the power of data, and setting appropriate expectations.
To comment, click here.
--Linda
Koco
e-Newsletter
SIG leader
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