Promotional email open rates have jumped during the COVID-19 pandemic, averaging 18.2% in March and 19.4% in April and then sliding to 18% in May, according to the 2020 Covid-19 Email Marketing
Benchmark Report, a study by Acoustic, a marketing cloud platform.
In contrast, the average open rate was 14.8% in January.
Globally, there was a 4.7% increase in
rates from February to April and a 5.4% increase in North America.
Acoustic analyzed email marketing messages sent by its clients from January 1 through May 31. These included
promotional messages but not transactional or triggered emails.
Among verticals, 58.3% of transportation companies pulled an almost 60% hike in open rates — to
30% — from February to March.
Financial services firms were next, generating a 35.4% increase to 18% during that one-month period. Hospitals and healthcare providers rose by
3.7% to 34.5%. But the energy and environment field pulled the highest open rate: 48.4%, with a 32.1% boost.
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Open rates also varied by region from January to May, averaging 16.8%
overall:
- Continental Europe — 23.8%
- United Kingdom & Ireland — 23.4%
- Australia & New Zealand — 21.9%
- Latin America
& Caribbean — 17.3%
- North America — 16.5%
- Middle East & Africa — 15.9%
- Asia-Pacific — 15.2%
- India — 7.3%
Overall, click-through rates fell to 7.5% in March, them jumped back to 9.3%, the average for January.
The study attributes the March plummet to the fact that brand were brands were
communicating their COVID-19 policies with lengthy emails from their CEOs. These contained few links and no CTAs, the study states.
The big change came in April, when companies moved to more
action-oriented emails.
Click-through rates averaged 1.47% overall, with these regional differences:
- Continental Europe — 2.94%
- United Kingdom &
Ireland — 2.56%
- Australia & New Zealand — 1.84%
- North America — 1.42%
- Middle East & Africa — 1.29%
- Asia-Pacific —
1.17%
- Latin America & Caribbean — 1.03%
- India — 0.15%
Europe also had the highest click-to-open rate ratio, surpassing the overall 8.74%
average:
- Continental Europe — 12.36%
- United Kingdom & Ireland — 10.94%
- North America — 8.59%
- Australia & New
Zealand —8.38%
- Middle East & Africa — 8.10%
- Asia-Pacific—7.67%
- Latin America & Caribbean — 5.97%
- India —
2.10%
And despite claims on social media that they are opting out of emails, the unsubscribe rates were relatively low during April and May, averaging 0.064% overall:
- Middle East & Africa — 0.075%
- North America — 0.073%
- Australia & New Zealand — 0.068%
- Continental Europe — 0.059%
- Latin America & Caribbean — 0.044%
- Asia-Pacific — 0.035%
- India — 0.031%
The report speculates that reduced volume may account
for lower unsubscribe rates.