Email marketing KPIs
📖 3 min readUpdated 2026-04-19
Email has a dozen possible metrics. Focus on the ones that map to business outcomes.
Core KPIs
- Open rate (20-40% broadcast, 40-60% transactional)
- Click-through rate (1-5% broadcast, 10%+ highly-targeted)
- Conversion rate (varies wildly)
- Unsubscribe rate (<0.5%)
- Spam complaints (<0.1%)
- List growth rate
Revenue KPIs
- Revenue per email sent (RPES)
- Revenue per subscriber per month
- List LTV
Post-iOS 15 open rates
Apple's Mail Privacy Protection pre-loads images, inflating opens by 20-40%. Open rates are less reliable than they were; click rate is truer.