How to Measure the Success of Special Offers and Discounts?
To measure the success of your special offers and discounts, consider the following metrics:
1. Open Rate: Indicates how many recipients opened your email. A higher open rate suggests that your subject line was effective. 2. Click-Through Rate (CTR): Measures how many recipients clicked on the links or CTAs within the email. 3. Conversion Rate: The percentage of email recipients who completed the desired action, such as making a purchase. 4. Revenue Generated: The total sales revenue generated from the email campaign. 5. Return on Investment (ROI): The profitability of the email campaign compared to the cost of running it.