Food for thought

Companies that can’t be bothered to implement good subscription practices will rarely be bothered to send relevant or engaging email.
True or False?

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List Attrition

DJ over at Bronto blog has a post up about list churn / list attrition. She quotes a statistic published by Loren from MediaPost (the original post is behind a subscription wall) that a list will lose 30% of their subscribers year over year. This is similar to a statistic that I use, but the context I have seen the published statistic in is slightly different. DJ offers suggestions on how to reduce this churn. All the suggestions are great, but I think that they slightly miss the point. There are multiple processes that can be described as list churn. One is churn DJ addresses, that is people unsubscribe from a mailing list. The other is people abandon their email addresses. Individual mailers have some control over the first type of churn, but almost no control over the second.
I think the study Loren was quoting describes the second phenomenon not the first. In 2002, ReturnPath published a study that showed 31% of people changed email addresses in a single year. Understand, this does not mean that 31% of recipients on any particular list will actively decide to unsubscribe from a list or report it as spam or otherwise unsubscribe from that list. This is 31% of all email address owners will get a new address and abandon their current one. There are a few reasons for the churn.

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Now you know…

The key to email marketing, at least if you read blogs and talk to experts who blog about such things, is to segment your lists. But what does segmenting your lists really mean? Ken touches on it in a recent article about engagement and segmenting.
Segmenting your list means, quite simply, knowing your audience. It means tailoring your message to them, in order to extract as much money from them as possible. It means knowing which subscribers you can push with volume and which you will lose if you increase things too far.
In short, it means not treating all your subscribers the same, instead treating them slightly differently based on how they interact with your message.
To some people, this is too difficult. Ken even quoted someone in the industry as saying

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