By Jon Odishoo, manager of email operations for BDX.

You’ve done all the hard work: you’ve chosen a design, finely tuned your content and agonized about subject lines, and now your email campaign has finally gone out. Now the waiting begins, and you are hoping for a strong response via email or phone, or perhaps increased activity on your website eventually leading to a home sale. But besides those varied and largely unconnected indicators, how are you to know if the campaign was a success? What benchmarks do you use to determine if your latest effort worked better or worse than the last?

Luckily, most good email campaign services provide reports that show who (and how many) are opening and clicking on your email, and some analysis of these metrics. Here we have assembled a few pointers on how to decipher these reports and compare the effectiveness of your email campaigns.

Opens: This metric tracks how many times the email was opened, but if a user clicks on the message more than once it will be counted again. The “Unique Opens” metric, if available, is helpful to determine the true number of people who opened. The “Open Rate” is the percentage of messages sent that were opened. If this number is low, it is likely that the subject line is the culprit – make sure that the subject line is direct, concise and compelling for best effect.

Clicks: The number of how many clicked on a link or button in your message; the “Click Rate” being the percentage of messages sent that were clicked on. Analysis of what people clicked on more often may give important clues for refining the design of your campaigns, including the placement and wording of your call to action statement.

Conversions: A conversion can mean many things depending on the goals you’ve set for your campaign, but if you are a home builder attempting to gather consumer website visits or leads, a click-through on your call to action statement or a completed lead form that you can track back to your email message would equate to one conversion. Tracking the number of how many people you’ve sent into the conversion funnel is a good indicator of a campaign’s success. If these numbers are trending downward in your recent campaigns, try restructuring the email or the landing page that the lead form is on to be easier and more attractive for respondents.

Bounced: A bounce refers to a bad address that could not be delivered to. In a list of a few hundred or thousand, some bounces are definitely normal, but a spike in bounces may be cause for alarm – perhaps you’ve run into a temporary server block, or a group of your recipients changed email addresses. In these cases you can investigate yourself or ask your campaign service to check for you.

Unsubscribes: As with bounces, a few unsubscribes per email campaign is normal. However if these numbers are edging upward, take a look at the frequency with which you are sending emails, as this is the number one cause for high unsubscribe rates. If you slow your deployment schedule this may ease the frustration of your recipients, but if this doesn’t work you may want to change the tone and/or design of your emails. A great way to find out what your recipients are thinking, if they aren’t mailing you back with their annoyances, is to do a survey and ask them what they want to hear about most.

Hopefully these tips will help you in deciphering the sometimes confusing litany of email analytics that you might receive, and turn them into helpful indicators of how you might improve your campaigns.

Jon Odishoo is the manager of email operations for BDX. If you have any questions about reaching real estate agents through the BDX Connect email service, click here.

By BDX Guest Blogger, Carol Morgan, mRELEVANCE

Problem: you’ve created your website, blog and social media and have implemented search engine optimization, but you don’t know how to effectively measure your return on investment (ROI). Solution: Google Analytics. Yes, the answer really is that simple. Google Analytics is a free, easy to use tool offered by Google that allows you to filter your traffic to see the true impact of your efforts.

Once you’ve created an account, your Google Analytics report will show you graphs of your daily visits, average time on site, bounce rate, the geographical areas your visitors are from and more. Furthermore, Google Analytics recently launched social reporting which means you can now see the referrals to your website from social media, conversations on your social media sites, how your content is being shared socially and more. Both of these reports allow you to analyze your traffic to determine what your home buyers are actually looking at and looking for.

By becoming better educated about how home buyers are interacting with you on all of your online platforms, your company will be able to adjust or make changes to your plan to meet unforeseen needs and to continue to increase what is working. These tools essentially make you a smarter provider because you’ll know what your audience wants and how to get that to them.

For example, in 2008, we had a Florida home builder who needed to cut their marketing budget. And, even though they cut their budget by 85 percent over the next three years, traffic to their website tripled thanks to the information we gained from Google Analytics. Now that’s what we call a good ROI!

If you’re company wants to increase your ROI or if you’d like a walkthrough of what your Google Analytics report is trying to tell you, contact Marketing RELEVANCE.

Carol Flammer is managing partner of Marketing RELEVANCE, LLC, a Marketing, Communication, Interactive agency with offices in Atlanta and Chicago.

Tracking Ad PerformanceHow do you measure the success of an advertising campaign in traditional, offline media? This is something advertisers and media companies have struggled with for years. The question: “What is the value of a billboard or a newspaper ad to this exact customer?“ can be very difficult to answer.

However, in the online space it’s never been easier to map and track the entire buying process. Marketers can see where their consumers are coming from and what actions they take.  You can identify trends common to site visitors that convert and optimize your site and marketing strategies accordingly to improve performance.

I find this process of analysis and optimization to be fascinating and insightful. However,, many of the advertisers I work with fail to measure the success of their banner campaigns. I’m often asked to just link to the homepage with no forethought on measuring performance after the click.  After all, some ads work better than others right?  As a publisher I’m constantly looking for ways to improve my site’s performance. Our entire team works hard to ensure the high quality of the traffic we receive.

MEASURING PERFORMANCE

Appending the click thru URL to your display campaign is an easy way to attribute action to the banner.  Google’s URL builder (Link) works with Google Analytics where you can set campaign goals and compare performance.

Why not just track “referring sites”? With online advertising you may not be able to track performance as a “referring site” because most ads are served through ad servers independent of the host website. Banners from NewHomeSource.com, for example, may appear as 247.OASRealMedia or Double Click. For banners on an ad network like our Vertical Ad Network (VAN) it can become even more complex as the ad passes through multiple ad servers. Using an appended URL is the best way to accurately measure performance.

It’s also important to define your campaign goals. This sounds very basic, I know, but if you’re looking for leads, does your ad take the user to a place where they can complete a lead form?  If the ad says “Find New Homes in Austin” does it link to the Austin market page?  Managing the consumer’s expectation of what they’ll receive when they click is very important to improving your performance on the front and back end.

Finally, recognize that not all consumer actions are equal.  You can get cheap, low quality traffic but it may not convert.  You’ll likely need to invest more dollars to persuade a consumer to complete a lead form as opposed to printing driving directions, especially if the lead form is lengthy or hard to find.

For advertisers on the BDX, we’ve consistently found that users who click on builder banners on from our site have a lower bounce rate, view more pages, and  are a better quality prospect overall for the builder. All of these are stats that can help a marketing manager document their campaign’s success.

If you have questions about marketing strategies or advertising with BDX contact Thane Tennison, Advertising Manager for the BDX Network.