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ALCHEMY WORX INSIGHTS

Screenshot of the Listrak Interview with Alchemy Worx CEO Allan Levy

Innovation Unleashed

In this edition of Innovation Unleashed, Listrak CEO Ross Kramer and Alchemy Worx CEO Allan Levy dive deep into the future of cross-channel digital marketing.

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Don’t miss out on pay day

In the 6 months we have been publishing the AWCM [pronounced:آ aw-suhآ m]آ index we have noticed that email marketers appear to have a marked preference for sending emails on the second and third weeks of the month. With the exception of November (probably due to the Christmas effect) email volumes peak during the second or third week and tend to drop markedly at month end.

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Deliverability and Reputation

ESPs market their services partly on their ability to get your messages into the inboxes of your subscribers, but when deliverability falls it can feel as though they want to push the responsibility onto you, the marketer.

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Customer Engagement Metrics: Reach

So far, Metric of the Month has looked at conventional email metrics. Essentially, these ‘campaign based’ metrics examine how the message performed and treat each message as a discreet event. They do not tell you anything about subscriber behaviour over time. Whilst campaign based metrics are useful they can be frustrating because they give you a sense of what, but not why leaving you with more questions than answers.

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Naked Email: September 2009

Our regular report of the following metrics:

Campaign Based Metrics
Unique Metrics – by month
Campaign Metrics – by Issue
Click Analysis
Reach
Frequency
Recency
Campaign Based Metrics
This month’s update of Email Worx’ performance shows a continuing trend of falling open and click rates. Whilst overall they are still above industry averages, it’s not something we like to see. The total number of subscribers we’ve reached however continues to climb and is now nearly 90% which is a great achievement, and now, with 100% in our sights, we going to try to do the impossible and we’re aiming for 100% by the end of the year… We generally see 60% open reach for a 12 month period so this will be no easy task but a great challenge!

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Best footer forward

And finally… don’t overlook the footer elements at the bottom of your email – they’re a great last chance to hook your reader and a great way to bypass the search engines.

It’s last but by no means least. The bottom section of your email – the various footer panels below your sign-off – is an area that tends to be rather neglected by marketers, yet is actually a very potent piece of screen real estate.

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Naked Email: February 2009

Naked Email achieves an average open rate of 58%

As you know we like to bare all, showing you that we practice what we preach in email marketing. That’s why we are keen to share our success, and to reveal where we feel we could still improve.

After 3 issues Email-Worx has an average unique open and click rate of 58% and 27% respectively and we are very proud that we appear to be providing value to our subscribers. However we still feel that there is room for improvement, but where do we start? That is a difficult question if all we look at are the average open and click rates and highlights the limitations of basic metrics.

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Naked Email: January 2009

A high delivery rate was expected. What surprised us was that there were any bounces at all given how fresh our list was, and the fact that it was opt-in only. We had one hard bounce which was a fake address we entered when testing our form, which we should have removed. The two addresses with soft bounces were delivered our welcome message so we know they are valid addresses. So far we have not had any unsubscribes, and we hope that this continues as a testament to our content and frequency options.

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Naked Email: August 2009

Here’s what you’ve been doing since we doubled out frequency:

Individual campaign open and click rates have fallen to the mid 30s.
However, the number of unique openers and clickers has remained high.
And the total number of clicks has almost doubled since May.
Campaign Based Metrics

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Naked Email: April 2009

Two weeks ago in Naked Email we discussed how limiting Basic Metrics, which look at the campaign and not subscriber behavior, are. The problem with Open and Click Rates is that they tell you what, but not how or why! This makes it very difficult to know what to do to improve performance. It’s a bit like providing a football coach with nothing but the final score after every game and asking them to win the league without ever watching the team play. To win the league you have to watch every game and analyse how your team, and the individuals within it, perform over time.

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