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Email marketing: Unlocking success with OKRs and metrics

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class="modular-navigation-wrapper"> <div class="modular-navigation-main modular-navigation-main-width-list">Membership</div> <div class="modular-navigation-item-wrapper" style="display: none;"> <div class="modular-navigation-item modular-navigation-item-list-wrapper"> <h5>Pro membership</h5> <p>All you need to succeed</p> <div class="modular-navigation-item-sub-wrapper"> <a class="modular-navigation-item-third modular-navigation-item" href="/pro-membership-plan/"> <h6>Become a Pro member</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="/pro-plus-membership/"> <h6>Become a Pro+ member</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="/pro-membership-taster-pack/"> <h6>Your Pro taster pack</h6> </a> </div> </div> <div class="modular-navigation-item modular-navigation-item-list-wrapper"> <h5>Exec+ membership</h5> <p>For product marketing leaders</p> <div class="modular-navigation-item-sub-wrapper"> <a class="modular-navigation-item-third modular-navigation-item" href="/exec-plus-membership/"> <h6>Become an Exec+ member</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="/pma-exec-membership-ebook/"> <h6>Your Exec+ taster pack</h6> </a> </div> </div> <div class="modular-navigation-item modular-navigation-item-list-wrapper"> <h5>Team membership</h5> <p>Level up your product marketing team</p> <div class="modular-navigation-item-sub-wrapper"> <a class="modular-navigation-item-third modular-navigation-item" href="/teams/"> <h6>Get a team membership</h6> </a> </div> </div> <div class="modular-navigation-item modular-navigation-item-list-wrapper"> <h5>Why pick PMA?</h5> <p>See what our members say</p> <div class="modular-navigation-item-sub-wrapper"> <a class="modular-navigation-item-third modular-navigation-item" href="/membership-reviews/"> <h6>Membership reviews</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" 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href="/content-hub/?filter=articles"> <h6>Articles</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="/product-marketing-fix/"> <h6>Presentations</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="/content-hub/?filter=ebooks"> <h6>eBooks</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="/content-hub/?filter=guides"> <h6>Guides</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="https://media.thealliance.io/podcasts/?filter=podcast-filter-community-pma" target="_blank"> <h6>Podcasts</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="/content-hub/?filter=reports"> <h6>Reports</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="/content-hub/?filter=webinars"> <h6>Webinars</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="/content-hub/"> <h6>View all resources</h6> </a> </div> </div> <div class="modular-navigation-item modular-navigation-item-list-wrapper"> <h5>Research &amp; reports</h5> <p>Industry insights from us</p> <div class="modular-navigation-item-sub-wrapper"> <a class="modular-navigation-item-third modular-navigation-item" href="/product-marketing-salary-survey-report/"> <h6>Product Marketing Salary Report</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="/state-of-product-marketing-report/ "> <h6>State of Product Marketing</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="/state-of-product-marketing-leadership-report/"> <h6>State of Product Marketing Leadership</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="/the-state-of-go-to-market-report-2022/"> <h6>State of Go-to-Market</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="/product-marketing-tech-stack/"> <h6>Product Marketing Tools of Choice</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="/product-marketing-influencers-2023/"> <h6>Top 100 Product Marketing Influencers</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="/product-marketing-resources/"> <h6>View all reports</h6> </a> </div> </div> <div class="modular-navigation-item modular-navigation-item-list-wrapper"> <h5>Guides</h5> <p>Brush up on the essentials</p> <div class="modular-navigation-item-sub-wrapper"> <a class="modular-navigation-item-third modular-navigation-item" href="/what-is-product-marketing/"> <h6>What is product marketing?</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="/product-marketing-framework/"> <h6>Product marketing framework</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="/your-guide-to-competitive-intelligence/"> <h6>Competitive intelligence</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="/your-guide-to-pricing/"> <h6>Pricing</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="/okrs/"> <h6>OKRs</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="/your-guide-to-positioning/"> <h6>Positioning</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="/your-guide-to-go-to-market-strategies/"> <h6>Go-to-Market</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="/tag/guides/"> <h6>View all guides</h6> </a> </div> </div> <div class="modular-navigation-item modular-navigation-item-list-wrapper"> <h5>Best of the rest</h5> <p>Highlights from the site</p> <div class="modular-navigation-item-sub-wrapper"> <a class="modular-navigation-item-third modular-navigation-item" href="https://pmmgpt.com"> <h6>PMM-GPT</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="/product-marketing-iq/"> <h6>PMM IQ test</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="/product-marketing-leadership-resources/"> <h6>Product Marketing Leadership Portal</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="/product-marketing-newsletter/"> <h6>Newsletter</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="/your-definitive-product-marketing-reading-list/"> <h6>Product marketing books</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="https://tools.productmarketingalliance.com/"> <h6>Product marketing tech stack</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="/salarycalculator/"> <h6>Salary calculator</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="/create-and-contribute/"> <h6>Create and contribute</h6> </a> </div> </div> </div> </div> <div class="modular-navigation-wrapper"> <div class="modular-navigation-main modular-navigation-main-width-list">Certification</div> <div class="modular-navigation-item-wrapper" style="display: none;"> <div class="modular-navigation-item modular-navigation-item-list-wrapper"> <h5>Product Marketing Core</h5> <p>The A to Z of product marketing essentials</p> <div class="modular-navigation-item-sub-wrapper"> <p style="color:#ff5d4c;">PMMC - Level 1</p> <a class="modular-navigation-item-third modular-navigation-item" href="https://learning.productmarketingalliance.com/on-demand/product-marketing-certified-core" target="_blank"> <h6>Product Marketing Certified: Core</h6> <p>On-demand</p> </a> <a class="modular-navigation-item-third modular-navigation-item" href="https://learning.productmarketingalliance.com/live-online/product-marketing-certified-core" target="_blank"> <h6>Live &amp; online</h6> <p>Part-time or full-time</p> </a> <a class="modular-navigation-item-third modular-navigation-item" href="https://learning.productmarketingalliance.com/in-person/product-marketing-certified-core-live-and-in-person" target="_blank"> <h6>Live &amp; in-person</h6> <p>Pick your city</p> </a> <a class="modular-navigation-item-third modular-navigation-item" href="https://learning.productmarketingalliance.com/on-demand/b2c-product-marketing-certified-core target="_blank""> <h6>B2C Product Marketing Certified</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="https://learning.productmarketingalliance.com/on-demand/customer-marketing-certified" target="_blank"> <h6>Customer Marketing Certified</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="https://learning.productmarketingalliance.com/on-demand/product-marketing-certified-core" target="_blank"> <h6>Product-Led Growth Certified</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="https://learning.productmarketingalliance.com/#core-certifications" target="_blank"> <h6>View all Core</h6> </a> </div> </div> <div class="modular-navigation-item modular-navigation-item-list-wrapper"> <h5>Product Marketing Certified: Advanced</h5> <p>Establish your influence and strategic value</p><br> <div class="modular-navigation-item-sub-wrapper"> <p style="color:#ff5d4c;">PMMC II - Level 2</p> <a class="modular-navigation-item-third modular-navigation-item" href="https://learning.productmarketingalliance.com/on-demand/advanced-product-marketing-certified" target="_blank"> <h6>Product Marketing Certified: Advanced</h6> <p>On-demand</p> </a> <a class="modular-navigation-item-third modular-navigation-item" href="https://learning.productmarketingalliance.com/on-demand/messaging-certified" target="_blank"> <h6>Messaging Certified</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="https://learning.productmarketingalliance.com/on-demand/narrative-design-certified" target="_blank"> <h6>Narrative Design Certified</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="https://learning.productmarketingalliance.com/on-demand/positioning-certified-masters" target="_blank"> <h6>Positioning Certified</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="https://learning.productmarketingalliance.com/on-demand/pricing-certified-masters" target="_blank"> <h6>Pricing Certified</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="https://learning.productmarketingalliance.com/on-demand/go-to-market-certified-masters" target="_blank"> <h6>Go-to-Market Certified</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="https://learning.productmarketingalliance.com/#advanced-certifications" target="_blank"> <h6>All Product Marketing masters</h6> </a> </div> </div> <div class="modular-navigation-item modular-navigation-item-list-wrapper"> <h5>Product Marketing Certified: Leadership</h5> <p>The ultimate roadmap for product marketing leaders</p> <div class="modular-navigation-item-sub-wrapper"> <p style="color:#ff5d4c;">PMMC III - Level 3</p> <a class="modular-navigation-item-third modular-navigation-item" href="https://learning.productmarketingalliance.com/leadership-on-demand/product-marketing-certified-leadership"> <h6>Product Marketing Certified: Leadership</h6> <p>On-demand</p> </a> <a class="modular-navigation-item-third modular-navigation-item" href="https://learning.productmarketingalliance.com/accelerator-live-online/product-marketing-leadership-accelerator"> <h6>Product Marketing Leadership Accelerator</h6> <p>Live & online</p> </a> <a class="modular-navigation-item-third modular-navigation-item" href="https://learning.productmarketingalliance.com/#all-courses" target="_blank"> <h6>All product marketing courses</h6> </a> </div> </div> <div class="modular-navigation-item modular-navigation-item-list-wrapper"> <h5>Product Marketing Training</h5> <p>Individual &amp; org-wide options</p> <div class="modular-navigation-item-sub-wrapper"> <a class="modular-navigation-item-third modular-navigation-item" href="https://learning.productmarketingalliance.com/product-marketing-team-training" target="_blank"> <h6>Team training</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="/pmm-scholar-program/"> <h6>Scholar Program</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="/the-product-marketing-certified-journey/"> <h6>Certification Journey</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="/why-pmms-love-pmmc/"> <h6>Why PMMs ❤️ PMMC</h6> </a> </div> </div> </div> </div> <div class="modular-navigation-wrapper"> <div class="modular-navigation-main modular-navigation-main-width-list">Events</div> <div class="modular-navigation-item-wrapper" style="display: none;"> <div class="modular-navigation-item modular-navigation-item-list-wrapper"> <h5>Virtual events & meetups</h5> <p>Connecting our global community</p> <div class="modular-navigation-item-sub-wrapper"> <a class="modular-navigation-item-third modular-navigation-item" href="https://virtual.productmarketingalliance.com/location/demos/" target="_blank"> <h6>Product Demos Summit | December 10</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="/pmm-talks/" target="_blank"> <h6>PMM Talks</h6> <p>Knowledge worth knowing</p> </a> <a class="modular-navigation-item-third modular-navigation-item" href="https://community.productmarketingalliance.com/s/regional-chapters/" target="_blank"> <h6>PMM Meetups</h6> <p>City chapters</p> </a> <a class="modular-navigation-item-third modular-navigation-item" href="/pmm-now/" target="_blank"> <h6>PMM Now</h6> <p>Exclusive live streams</p> </a> </div> </div> <div class="modular-navigation-item modular-navigation-item-list-wrapper"> <h5>In-person summits</h5> <p>Coming to a city near you</p> <div class="modular-navigation-item-sub-wrapper"> <a class="modular-navigation-item-third modular-navigation-item" href="https://world.productmarketingalliance.com/location/chicago" target="_blank"> <h6>PMM Summit | Chicago | November 13 & 14</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="https://world.productmarketingalliance.com/location/toronto" target="_blank"> <h6>PMM Summit | Toronto | November 20 & 21</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="https://world.productmarketingalliance.com/location/london/" target="_blank"> <h6>PMM Summit | London | December 4 & 5</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="https://world.productmarketingalliance.com/location/washington/" target="_blank"> <h6>PMM Summit | Washington | January 30</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="https://world.productmarketingalliance.com/location/austin/" target="_blank"> <h6>PMM Summit | Austin | February 11 & 12</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="https://world.productmarketingalliance.com/location/newyork/" target="_blank"> <h6>PMM Summit | New York | March 13 & 14</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="https://world.productmarketingalliance.com/location/paris/" target="_blank"> <h6>PMM Summit | Paris | March 26</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="https://world.productmarketingalliance.com/" target="_blank"> <h6>Summit calendar 2024</h6> </a> </div> </div> <div class="modular-navigation-item modular-navigation-item-list-wrapper"> <h5>Quick links & OnDemand</h5> <p>Plan ahead or catch up</p> <div class="modular-navigation-item-sub-wrapper"> <a class="modular-navigation-item-third modular-navigation-item" href="/pmm-ondemand/"> <h6>Catch up OnDemand</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="https://productmarketingall.typeform.com/to/hxI9MbBm" target="_blank"> <h6>Apply to speak</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="https://events.productmarketingalliance.com/" target="_blank"> <h6>All events</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="https://certified.productmarketingalliance.com/" target="_blank"> <h6>All courses</h6> </a> </div> </div> </div> </div> <div class="modular-navigation-wrapper"> <div class="modular-navigation-main modular-navigation-main-width-list">About</div> <div class="modular-navigation-item-wrapper" style="display: none;"> <div class="modular-navigation-item modular-navigation-item-list-wrapper"> <h5>The basics</h5> <p>Our journey &amp; how to reach us</p> <div class="modular-navigation-item-sub-wrapper"> <a class="modular-navigation-item-third modular-navigation-item" href="/about/"> <h6>Mission</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="/contact/"> <h6>Contact</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="/calling-all-sponsors-or-partners/"> <h6>Partner with us</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="/press-resources/"> <h6>Press resources</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="/case-studies/"> <h6>Case studies</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="/help-centre/"> <h6>Help centre</h6> </a> </div> </div> <div class="modular-navigation-item modular-navigation-item-list-wrapper"> <h5>Our people</h5> <p>AKA the building blocks of PMA</p> <div class="modular-navigation-item-sub-wrapper"> <a class="modular-navigation-item-third modular-navigation-item" href="/the-pma-team/"> <h6>PMA team</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="/experts-in-residence/"> <h6>Experts in Residence</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="/pma-founding-members/"> <h6>PMA Founding Members</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="/careers/"> <h6>Careers</h6> </a> </div> </div> <div class="modular-navigation-item modular-navigation-item-list-wrapper"> <h5>Get involved</h5> <p>Get your name published</p> <div class="modular-navigation-item-sub-wrapper"> <a class="modular-navigation-item-third modular-navigation-item" href="/calling-all-sponsors-or-partners/"> <h6>Get the media guide</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="/community-partnerships/"> <h6>Community partnerships</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="/pma-pulse-2023/"> <h6>PMA Pulse</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="/contributor-guide/"> <h6>Create &amp; contribute</h6> </a> </div> </div> <div class="modular-navigation-item modular-navigation-item-list-wrapper"> <h5>Quick links</h5> <p>Our bread &amp; butter</p> <div class="modular-navigation-item-sub-wrapper"> <a class="modular-navigation-item-third modular-navigation-item" href="/join-slack/"> <h6>Slack community</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="/pma-consult/"> <h6>PMA Consult</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="https://certified.productmarketingalliance.com/" target="_blank"> <h6>Get certified</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="/signup/"> <h6>Membership</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="/product-marketing-framework/"> <h6>Product marketing framework</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="/articles/"> <h6>Articles</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="/product-marketing-resources/"> <h6>All reports</h6> </a> </div> </div> </div> </div> <div class="modular-navigation-wrapper"><a class="modular-navigation-main" href="https://jobs.productmarketingalliance.com/" target="_blank">Jobs</a></div> <div class="modular-navigation-wrapper"> <div class="modular-navigation-main modular-navigation-main-width-list">Community</div> <div class="modular-navigation-item-wrapper" style="display: none;"> <div class="modular-navigation-item modular-navigation-item-list-wrapper"> <h5>Network</h5> <p>Connect and collaborate</p> <div class="modular-navigation-item-sub-wrapper"> <a class="modular-navigation-item-third modular-navigation-item" href="/join-slack/"> <h6>Slack Community</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="/meet-the-ambassadors/"> <h6>Meet the ambassadors</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" href="/pma-meetup/"> <h6>Meetups</h6> </a> <a class="modular-navigation-item-third modular-navigation-item" 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He posts about SEO and growth marketing." class="post-author tooltip-trigger-author"> <div data-tooltip="Vaibhav is the founder of smartlead.ai and smartwriter.ai, cold outreach and personalization platforms used by Stripe, Meta, and 16,000 other businesses. He posts about SEO and growth marketing." style="background-image: url(https://www.productmarketingalliance.com/content/images/2023/11/Screenshot-2023-10-17-at-13.35.54.png)" class="author-image tooltip-trigger"> </div> <div class="author-details"> <span data-tooltip="Vaibhav is the founder of smartlead.ai and smartwriter.ai, cold outreach and personalization platforms used by Stripe, Meta, and 16,000 other businesses. He posts about SEO and growth marketing." class="author-name tooltip-trigger">Vaibhav Namburi</span> </div> </div> </a> </div> <div class="date-time-read"> <span class="post-datetime">November 28, 2023</span> <img src="https://pma-assets-external.ams3.cdn.digitaloceanspaces.com/Janrey-test/asterisk-sm.svg" /> <span> 5 min read </span> </div> </div> <a href="#" id="getCopyBtn" class="hidden"> Get a copy</a> <div class="post-content-container"> <div class="left-sidebar"> <div class="sticky-container"> <a target="_blank" href="https://www.linkedin.com/school/product-marketing-alliance/" class="follow-us-on-linkedin"> <img src="https://pma-assets-external.ams3.cdn.digitaloceanspaces.com/Janrey-test/linkedin-white.svg"/>Follow us on LinkedIn</a> <span class="left-sidebar-overview"> Contents </span> <aside class="toc-container"> <div class="toc"></div> </aside> </div> </div> <div class="post-content"> <p>Whether you’re part of a large organization or a bootstrapped <a href="https://www.productmarketingalliance.com/making-your-mark-the-pmms-startup-survival-guide/"><u>startup</u></a>, <a href="https://www.productmarketingalliance.com/9-effective-tips-to-create-great-email-content/"><u>email marketing</u></a> is an extremely effective way to grow your business. In fact, email marketing still generates <a href="https://blog.hubspot.com/marketing/email-marketing-stats?ref=productmarketingalliance.com"><strong><u>$36</u></strong></a> for every dollar spent.&nbsp;</p><p>However, an effective email marketing campaign is useless without proper tracking of metrics and analysis of key performance. No matter what your marketing goal is (enhanced lead gen, reduced <a href="https://www.productmarketingalliance.com/a-beginners-guide-to-customer-acquisition/"><u>customer acquisition cost</u></a>, improved customer experience, etc.), you can only succeed with predetermined and measurable metrics to aim for.&nbsp;</p><p>That’s where <a href="https://www.productmarketingalliance.com/your-guide-to-okrs/"><u>OKRs</u></a> come in. OKRs, or objectives and key results, are a simple framework designed to allow all members of your organization to track their progress toward a common goal.</p><p>In this article, I’ll share all there is to know about <a href="https://www.productmarketingalliance.com/16-email-marketing-tools-for-product-marketers/"><u>email marketing</u></a> OKRs – from what they are to how to use them to elevate your email marketing performance. I’ll even throw in a few examples for good measure!</p><p>Now, without further ado, let’s get into it.&nbsp;</p><p></p><h2 id="what-are-email-marketing-okrs">What are email marketing OKRs?</h2><p>The OKR framework is a goal-setting process used by businesses to define and track objectives and their achievable outcomes. OKRs are designed to bring clarity and alignment to an organization by setting clear, measurable goals.</p><p>So, email marketing OKRs are basically strategically set measurable goals for your <a href="https://www.smartlead.ai/blog/email-marketing-glossary?ref=productmarketingalliance.com"><u>email marketing</u></a> efforts to achieve within a specific timeframe. Let’s take a look at some examples:&nbsp;</p><p></p><h3 id="example-one">Example one</h3><p><strong>Objective:</strong> Increase email subscriber engagement</p><p><strong>Key result one:</strong> Achieve a 20% increase in email open rates by the end of the quarter.</p><p><strong>Key result two:</strong> Increase click-through rates by 20% for our email campaigns.</p><p><strong>Key result three:</strong> Reduce unsubscribe rates to less than 1% per campaign.</p><p></p><h3 id="example-two">Example two</h3><p><strong>Objective:</strong> Grow the email subscriber list</p><p><strong>Key result one:</strong> Add 5000 new subscribers to the email list over the next quarter.</p><p><strong>Key result two: </strong>Increase the conversion rate of website visitors to email subscribers by 20%.</p><p><strong>Key result three:</strong> Launch a referral program and get 5% of new subscribers through referrals.</p><p></p><h2 id="how-to-set-email-marketing-okrs">How to set email marketing OKRs&nbsp;</h2><p>There is a simple formula to structure email marketing OKRs (it can also be used by other departments):&nbsp;</p><p><strong>[Your objective], as measured by: [your key results]</strong></p><p>For example:</p><p>Optimize email engagement, as measured by: a 15% increase in email open rates, a 12% increase in click-through rates, and a reduction in the email unsubscribe rate to less than 0.5%.</p><p>Remember that objectives should be specific and they should meet the following criteria:&nbsp;</p><ul><li>The objectives should be clear enough for the entire team to understand.</li><li>They must be actionable and achievable.</li><li>They should be time-bound so you can assess the progress made.&nbsp;</li><li>Your objectives should also serve as a source of inspiration for your team to pursue.&nbsp;</li></ul><p>Key results must be measurable and have a direct cause-and-effect relationship with your objective – in other words achieving your key results should logically lead to the success of your objectives. It’s vital to measure key results at least monthly, if not weekly. That way, if you’re not seeing the progress you’d hoped for, you can adjust your tactics.&nbsp;</p><p></p><h2 id="key-email-marketing-metrics">Key email marketing metrics</h2><p>To measure the success of your email marketing, you need to track the relevant <a href="https://www.productmarketingalliance.com/product-launch-metrics-you-cant-ignore/"><u>metrics</u></a>. Here are some essential email marketing metrics to monitor:</p><ul><li><strong>Email open rate:</strong> This indicates how many recipients opened your email. According to Mailchimp, the average email open rate across all industries is <a href="https://mailchimp.com/resources/email-marketing-benchmarks/?ref=productmarketingalliance.com#:~:text=Average%20Totals&text=The%20average%20email%20open%20rate,the%20emails%20you%20send%20them."><strong><u>21.33%</u></strong></a>.</li><li><strong>Click-through rate (CTR):</strong> This measures the effectiveness of an email campaign in terms of how many recipients clicked on one or more links contained within an email. The average CTR for email marketing campaigns is just shy of <a href="https://mailchimp.com/resources/email-marketing-benchmarks/?ref=productmarketingalliance.com"><strong><u>3%</u></strong></a>.&nbsp;&nbsp;</li><li><strong>Bounce rate:</strong> This is the percentage of emails that are not successfully delivered to the recipient's inbox A high bounce rate suggests issues with your email list quality or email deliverability.&nbsp;</li><li><strong>Conversion rate:</strong> This tracks the percentage of email recipients who completed the desired action after opening your email, such as making a purchase or signing up for a webinar. Although the number varies based by industry, the typical conversion rate is 1–5%.&nbsp;</li><li><strong>List growth rate:</strong> This is the rate at which you grow your subscribers. You should aim for an annual list growth rate of at least 10%.</li><li><strong>Unsubscribe rate:</strong> This is the rate at which subscribers opt out of your email list. Ideally, you’ll want to keep it below 0.5%.&nbsp;</li></ul><p></p><h2 id="step-by-step-guide-to-elevating-email-marketing-success-with-okrs-and-metrics">Step-by-step guide to elevating email marketing success with OKRs and metrics</h2><p>The key to consistent growth lies in your ability to enhance <a href="https://www.productmarketingalliance.com/12-top-customer-experience-engagement-tools-for-product-marketers/"><u>customer experience</u></a> (CX) throughout the buyer journey. Here’s how you can leverage OKRs and metrics to enhance customer experience and maximize your chances of success through email marketing.&nbsp;</p><p></p><h3 id="step-one-define-clear-cx-objectives">Step one: Define clear CX objectives</h3><p>To build a stellar customer experience, you need to start with a clear objective. To make sure you choose the right one, it’s a good idea to start with a CX assessment. Begin by analyzing your customer feedback and reviews. Then, identify the most critical areas for improvement based on your assessment. Prioritize objectives like faster response times, improved user interfaces, personalization, or streamlined processes.</p><p>It’s crucial to ensure your customer experience objectives are linked to broader business outcomes. For example, a cross-selling campaign might align with your organization’s revenue growth goal.&nbsp;</p><p></p><h3 id="step-two-establish-key-results">Step two: Establish key results&nbsp;</h3><p>Once you’ve set your objective, it's time to define your key results. Remember: these should be specific, measurable, and time-bound. For example:&nbsp;</p><ul><li>Achieving a 20% increase in email open rates before the year’s end.</li><li>Increasing click-through rates by 5% per quarter.</li><li>Reducing the email unsubscribe rate to less than 1% within the next six months.</li></ul><p>Make sure key results are directly linked to campaign objectives, such as improving email CTR or growing the subscriber list. Continuously track your results and make changes if needed based on the campaign performance.</p><h3 id="step-three-monitor-metrics-throughout-the-buyer-journey">Step three: Monitor metrics throughout the buyer journey</h3><p><a href="https://www.pwc.com/us/en/services/consulting/library/consumer-intelligence-series/future-of-customer-experience.html?ref=productmarketingalliance.com"><strong><u>73%</u></strong></a> of buyers say customer experience is a significant factor in their purchasing decisions. To enhance the experience effectively, you must understand the buyer journey and track key metrics at every stage.&nbsp;</p><p>You can divide key metrics based on the different stages of buyer journey:&nbsp;</p><ul><li><strong>Awareness stage:</strong> Monitor email open rates to check the effectiveness of your subject lines, and track click-through rates to gauge engagement. Also, keep a close eye on forwarding and sharing rates to assess the relevance of your emails.</li><li><strong>Consideration stage:</strong> If your email directs recipients to a landing page with more information about your product or service, monitoring the time visitors spend on these pages can be insightful. It helps you gauge their level of interest and engagement with the content.</li><li><strong>Decision stage:</strong> This is by far the most crucial stage of the buyer journey. Make sure you analyze conversion rates to assess the impact of your emails on buying decisions.&nbsp;</li><li><strong>Post-purchase stage:</strong> Measure customer retention rates, gather feedback using customer satisfaction surveys, and promote referrals through email campaigns.</li></ul><p>To continuously improve your email marketing efforts, regularly review these metrics, and be prepared to make any necessary adjustments. Don't hesitate to leverage <a href="https://www.productmarketingalliance.com/how-to-choose-the-right-kpis-for-your-a-b-tests/"><u>A/B testing</u></a>, segmentation, and personalization to fine-tune your strategies and ensure a stellar customer experience throughout the journey.</p><p></p><h2 id="conclusion">Conclusion&nbsp;</h2><p>Leveraging email marketing to enhance customer experience throughout the buyer journey isn't just a smart move; it's essential for thriving in today's competitive landscape. By setting clear objectives, defining key results, and consistently tracking metrics, you can not only attract and convert new customers but also retain existing ones.</p><p>Always keep in mind that the success of your email marketing campaigns relies heavily on the quality of your subscriber list and your segmentation efforts. Before launching any campaign, ensure that you conduct A/B testing to fine-tune variables for optimal results. 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