Hi All,
Many of you know me as that guy with the cheap generic pharmacy meds on Ozbargain. I've been fiddling with the "Marketing" tab in Shopify - thinking that a great way to increase sales is to better and more regularly engage with the email database the platform seems to have automatically collated for me after a few years of online sales.
I've previously sent out a small number of targeted emails before ie/ Customers who elected to receive email comms, who purchased X, between Y and Z dates - but a few days ago I thought I would send out communication of our latest Ozb promoted sale https://www.ozbargain.com.au/node/783836 to the entire database (which includes all the regular non Ozb buyers as well) as I thought some of the deals were particularly sharp and worthy of some additional air time.
Now notwithstanding a small technical issue (the unsubscribe button text in some email readers blending in to the background of the email) causing some minor but justified upset amongst some recipients , I thought the response was "ok" but I'm really not sure what "ok" really looks like - here are the stats from the "campaign"
Emails sent: 14,049
Open rate: 5,016 / 35.7%
Clicked: 450 / 3.2%
Total orders: 87
Unsubscribe: 170
Bounced: 98
Reported as spam: 11
Total sales attributed to campaign: approx $2.5k
- Does a ratio of 87 sales (some of which were multiple items) per 14,049 emails tell me anything (ie/ the deal isn't good enough to bother people) or is this a good result ?
- Does the open rate indicate the email looked boring ie do I need to invest in professional template creation?
- Is the number of unsubscribes reasonable given the total volume of emails sent ?
- Is $2.5k in sales worth losing 170 people from the database / is this inevitable whenever e-promotions are sent?
- Any other insights email marketing tech experts can share ?
- Is there a metric I can/should measure my results against or can any experienced e-marketers critique my results?
What was the sales history $ of the customers that unsubscribed?