“It’s not you, it’s me” - Understanding When it’s Time to Say Goodbye to Unengaged Email Subscribers
What’s in a number? If we’re talking about a bank account then quite a bit. But when it comes to email marketing, there are a lot of differing opinions. Some might say that the sheer size of the subscriber list is the driving force behind a successful campaign. The more subscribers they have, the better the campaign. I’m sure this has worked for many companies at one point but now it’s really time to rethink the shotgun email approach because frankly, I can’t take it anymore. Recently I attended ExactTarget’s email marketing conference, Connections 2011, and the theme for this year’s event was “The Power of One.” One thought, one action, one individual. If each has the power to change the world just think about what it means to your company. It’s no longer acceptable to market to the masses with one message.
Unfortunately there is no “secret formula” for the perfect email campaign. What works for one company may not work for another. That’s why it is imperative to optimize and never become complacent. Your customers are constantly evolving, and so should your campaign.
The graphs above were created by ExactTarget and distributed to Connections 2011 attendees.
Let’s break this down with a hypothetical situation. Say you have a master list that consists of 2 million subscribers. Now after cleansing out the bad addresses, duplicates, and recent unsubscribes we’re down to about 1.2 million. Load those into ExactTarget to filter out the undeliverables, and now we’re down to our final list size of about 950,000 subscribers. That’s less than half of the master list! Does anyone else see a problem with this? Sure, it looks great on paper – “we have 2 million subscribers” - but when you look at the revenue generated by the campaign, the results are less than impressive. Just take a look at the chart below. It’s hard to deny the direct relationship between relevant emails and revenue.
It’s not just about list size anymore. The better metric to measure success is subscriber engagement. It’s time to get rid of the dead weight and recognize when it’s time to shrink the list. One unengaged subscriber is a liability to your reputation. Add a couple thousand unengaged subscribers and you now have a huge problem on your hands. If your campaign is starting to become stale and the engagement level is dropping off, it’s time to evaluate your approach.
Here are a few tips and tricks:
Here are a few tips and tricks:
- Segmentation and Relevancy: Your customers are unique and the interests of one may not be the same as the interest of another. When you group your subscribers based on similar traits and characteristics, your message becomes more relevant. A relevant message will keep them coming back to their inbox again and again. One thing to remember is that what someone tells you they’re interested in may be very different from what they’re actually interested in. You’ll have to find the right balance between quantitative and qualitative analysis and optimize on an ongoing basis. Subscribers will never stay in the same segment forever so you have to be agile and keep up with their ever changing demands and give them what they want.

- Trim the Fat: There could be many different reasons why people suddenly stop opening your emails. Maybe their interest has changed and your message no longer pertains to them, or maybe they’re just not that into you anymore. Whatever the reason, try to target them with a re-opt in campaign before you let them go. Give them the opportunity to tell you why they’ve been so distant lately. It could be hard to accept but if they unsubscribe, they’re no longer a liability to your reputation. If they’re still not responding then it’s time to let them go. Update their status to “unsubscribed” and call it a day. Stay focused on those that really want to engage with your company because that’s where you’ll see the most return on your investment.
Unfortunately there is no “secret formula” for the perfect email campaign. What works for one company may not work for another. That’s why it is imperative to optimize and never become complacent. Your customers are constantly evolving, and so should your campaign.
The graphs above were created by ExactTarget and distributed to Connections 2011 attendees.