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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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Save the cart

In less than a month, our new teamsalesagent product is already proving itself. We are proud to say that site conversions are up over 10%

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Engagement Metrics: Part 2

The click to open rate is an easily calculated, and very useful metric to include in your analysis. It measures whether your communications are meeting your subscribers’ expectations. Your click to open rate will tell you what proportion of the subscribers who opened, then went on to click. The value of your content, and how effectively you convey it in your subject line will influence this metric the most.

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Engagement Metrics: Part 1

Open, click, conversion rates and revenue per email metrics can either be calculated based on the number of messages sent or the number delivered. Each one is perfectly acceptable, providing you consistently stick with one method. However it could be argued that basing your metrics around the number sent is more appropriate for acquisition than retention.

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Emotional vs Functional links

Generating clicks will provide you with valuable information on each of your subscribers, from which content is most attractive to exactly what each individual subscriber is interested in.

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Don’t buy a list – build one

Before you buy in a third-party list, check: are you making the most of the program you’ve already got?
Look to build your list organically instead: create something worth subscribing to and communicate its benefits clearly
Make it really easy to subscribe from your website – build email subscription into your web template if possible
Consider an audit of your subscription process and goals
Don’t collect info you’re not going to use in the next 12 months

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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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