Laurie Sullivan @lauriesullivan, at Media Post shared some interesting data regarding engagement results from email and text message campaigns. Engagement where the recipient has a ‘choice’ in the matter, i.e., click to request a coupon versus just sending the coupon, had a significant impact on open rates and conversions.
Experian Marketing Services released its quarterly email benchmark report Q2 2015 focusing on engagement rates and duel subscriber rates, those who subscribe to email and some sort of alternative communication, like mobile text of push messages on their device.
“Customers who texted to get a coupon were more willing to complete a purchase than those receiving a push campaign, but both message types were successful in generating revenue.”
Analysts also looked at consumers who subscribe to both email, whether opened on a smartphone or desktop, and some other form of communication such as mobile text or push messages on their device.
In the analyses of SMS and MMS messaging programs from two brands it turns out dual subscribers were 3.9 times more likely to complete transactions than email-only customers. Transaction rates for mobile campaigns were 10-times higher than those for email campaigns
More than half of all email opens and 38% of clicks occur on mobile devices, but sometimes it takes two channels to make a campaign work. So, to better understand the value of mobile subscribers, Experian Marketing Services analyzed case studies from two brands with on-going SMS and MMS messaging programs. In both cases, analysts could attribute transactions to mobile campaign data by subscriber.
Consider this: signing up to receive emails, subscribers can open those emails on desktop, tablet, e-reader or mobile device. Mobile SMS and MMS require a separate opt-in. In the first analysis, “Brand A,” which sends emails and SMS messages announcing seasonal products, wanted to see if email subscribers who also provide their mobile phone numbers transact more in any one channel, compared with email-only subscribers.
Comparing both, Experian found significant increases in the percentage of mobile and email subscribers who had completed transactions. Dual subscribers (22.5%) were 3.9-times more likely to make a transaction, compared with email only subscribers (5.7%).
The second study with another brand analyzed SMS and MMS campaigns during eight months from another brand. It compared two types of mobile campaigns for Brand B, broadcast campaigns, in which the brand pushed SMS to the subscriber, such as a sale starts tomorrow, and pull campaigns, in which customers texted to get an offer such as “Save 25% off with in-store coupon- code XXX123.”
SMS push or broadcast campaigns made-up more than 95% of the volume, but pull messages added to stronger transaction results. It also compared transaction rates with Experian email benchmarks finding that mobile transaction rates were more than 10-times higher than the all industry average email transaction rate at 0.64% for all mobile campaigns compared to 0.06% for all industry email.
Customers who texted to get a coupon were more willing to complete a purchase than those receiving a push campaign, but both message types were successful in generating revenue. The overall revenue per message was $0.32, which is more than 3-times higher than the all industry revenue per email for this period at $0.09.