Click-to-open rate (CTOR) is one of the single best metrics for gauging your email campaign's performance. And it's not as daunting as it looks. Below, we'll walk you through everything you need to know about CTOR, including what it is, the click-to-open rate formula, and differences with other metrics.
The best way to think about CTOR is to imagine, of those who opened your email, what percent found the content inside valuable/relevant enough to click on?
As marketers, we understand that the email we’re sending must be intriguing, relevant, and desirable. But we have to remember that email is supposed to be a win-win—brands send more emails, and consumers get to see more offers/info relevant to their wants, needs, and actions they’ve taken.
You don't just want people to open your emails. You want them to open and take action.
And that's what click-to-open rate tries to calculate.
This is how to calculate click-to-open rate in seconds. Your click-to-open rate can be calculated as (unique clicks/unique opens) x 100. For example, if your email receives 100 clicks and 150 opens, your CTOR is 66%.
Although metrics like open rates are equally important to track, CTOR helps paints a more complete picture of how your content is performing.
And on the other hand, you have click-through rate (CTR). CTR measures the click-through rate for everyone you sent the email to—whether they opened it or not. This metric can be a tad misleading because low open rates will always correlate with low click-through rates, but that information doesn't give you the insights you need.
For example, you might have a low open rate because of a poor subject line or bad sending timing—but that doesn't necessarily mean the content of your email or the calls to action (CTAs) were bad.
CTOR vs CTR: CTOR is based on people who opened your email rather, while CTR measures the clicks of your entire recipient list.
Keeping a close eye on your CTOR ensures that you can determine if your content is actually resonating with your recipients (once they were convinced to open your email).
Generally speaking, a good CTOR can range between 20% and 30%. However, as with any metric, it’s important to know how you compare with your industry averages. Refer to our 2018 Global Email Benchmark Reportto see how you compare to your industry average on unique click to open rate.
If you’re tracking your emails on a campaign level, find your norm for each of your different campaign types. Campaigns with personalized offers will have a consistently higher CTOR, so make sure you’re comparing apples to apples.
Giving customers something relevant and personalized to them will undoubtedly result in more clicks once your customers have opened your email. Use whatever data you have such as pages, products viewed, or products favorited, etc. to serve them something specific to their tastes.
Every email marketer shoots for a subject line that will get them the highest possible open rate. I definitely get a feeling of excitement when I think of a clever, or funny subject line, but subject lines serve a bigger purpose than just a “wow” factor.
Opens are great, but only as great as how close it gets you to the final goal: conversion.
If your subject lines are getting opens because they’re funny or abstract but not because they are representing your copy appropriately—they could cause your email to bounce, so consider providing a more clear and direct subject line.
When you are reviewing your email campaign metrics, the CTOR is great at gauging how relevant or valuable the content within your email appeared to the recipient. If you see high open rates, but low CTOR rates, this indicates that you nailed the subject line, but left more to be desired on the offering or copy within your email.
On the flip side, if you’re seeing lower than normal open rates, but increasing CTOR, then you can infer that you’re providing recipients with quality content and offerings. To balance these two elements, ensure that you’ve segmented your email list so that your campaigns are fine-tuned and targeted towards the right recipient groups.
SendGrid delivery expert Seth Charles put it well when he said, “Email marketing revenue is not a volume-based metric; it’s a value-based metric.”
This type of thinking is important when fostering a strong relationship with your customer. How can you deliver your customer value through email? Once campaigns go out, tracking your CTOR is a great way to see how you’re doing.
For more on how to optimize your email sending, check out our 4th Quarter Email Playbook, which is full of resources to make sure you create your best email campaigns to date—no matter what time of year it is!
