How Do You Measure Revenue Growth from Email Marketing?
To measure the revenue growth from email marketing, you'll need to track key performance indicators (KPIs) such as:
- Conversion Rate: The percentage of email recipients who complete a desired action. - Customer Lifetime Value (CLV): The total revenue generated by a customer over their lifetime. - Average Order Value (AOV): The average amount spent each time a customer makes a purchase. - Revenue Per Email (RPE): The total revenue generated divided by the number of emails sent. - Click-Through Rate (CTR): The percentage of email recipients who clicked on one or more links.