I wonder how many email marketers are really able to determine the return on investment of their activities and how they’re doing it in this social email marketing day and age. I’ve tackled the topic several times, talked about it with some people, but I’m curious how you, dear email marketer, do it.
So if you combine social media and email marketing, feel free to share your insights.
When you ask marketers, many still say that email has a high ROI.
However, it’s not the champion of ROI.
A while ago, I wrote about a survey by Alterian that found that 42% of respondents said they don’t incorporate clickstream and web analytics data into their customer and email database.
Now, I’m often using words such as KPIs, ROI metrics and metrics in general on this blog. I realize this could cause some confusion. That’s why in this post, I’ll tackle the difference between metrics and KPIs (Key Performance Indicators) and metrics.
A typical example of a metric in email marketing is the click-through rate or CTR. In web site analytics a typical example is the number of unique visitors.
To analyze and improve the results of your online marketing efforts, you need web analytics and workable parameters regarding the impact of your strategies on your online business and your business in general.