For email channels, should you attribute program status success based off of an open or click and why?
Hi All!
Question:
For email channels, should you attribute program success based off of an open or click and why?
Hi All!
Question:
For email channels, should you attribute program success based off of an open or click and why?
For Email programs I rarely if ever have that as a stand along program and never have opens or clicks as a success step. Let's take a look at the example if you do.
I have an email promoting white paper A.
I have a Content Program: white paper A - captures people who fills out the form = success. This is for anyone across any channel that fills out the form.
I have a Web Asset Program: white paper A - capture people who fills out the form = success from anyone who is organically driven here i.e. not social, not paid, not adwords,
LinkedIn Program : White paper A
etc.
If I send an email, if this is a nurture email I put it in the nurture channel, again, I don't set a success.
If I am just blasting it to just send it, I would not set opens or clicks as success. The success is captured in the other programs stated above.
I receive the email, I fill out the form, I become a member in both the content program and the web asset program.
The reason why I don't set a success in the email program is because of the MT attribution. Marketo actually does a pretty good job on the linear MT attribution.
In a parallel universe, I set success at Email clicks. I send out an email, you click on it. You buy something. That email program get's a portion of the credit.
I look at my reports and see that emails are contributing significantly to pipeline. I should do more emails. So I should send 50 emails, and pipeline will get attributed to anyone who clicks. You end up diluting the usefulness of the attribution.
I buy something for 100,000
I was sent 9 emails and I clicked on 4, I went to a webinar and sat there for 60 min.
4 email program success (20,000 each for the success) = $80,000
1 webinar program success (20,000)
When you look at your reports you will see email have a huge influence on pipeline and takes away credit from the usefulness of the attribution data.
Summary - emails should be a part of a nurture program or another tactic.
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