Many teams stop at CTR. That’s a mistake. It shows how attractive the message is, not whether it made money. Here’s the full set.
Delivery rate is the share of subscribers who received the notification. A normal range is 85–95%. Lower means many inactive subscribers or technical failures.
CTR is the share of recipients who clicked. A realistic starting benchmark is 3–8%. Below 3% points to a problem with copy, offer or relevance.
Conversion rate is the share of clickers who completed the target action. This is the main metric for the business, and you can’t measure it without UTM tags.
Opt-out rate is the share who unsubscribe after a campaign. Keep it under 0.5% per send. A sharp rise signals a problem with topic, frequency or relevance.
Active subscriber share shows how much of your accumulated base actually receives messages. Since Chrome started removing permissions, your base can shrink without you noticing.
Revenue per subscriber is revenue divided by active subscribers. In our practice, a well-tuned push channel in e-commerce brings from $0.5 to $2 per month per active subscriber.
Worked example. Your base is 10,000 active subscribers. A campaign with 5% CTR gives 500 clicks. At 3% conversion that’s 15 orders, and with a $30 average order it’s $450 from a single send. This is how you see whether the channel pays off against your team’s effort. For the tracking side, our
end-to-end analytics page shows how revenue gets tied back to channels.