How to Increase Email Open Rates and Earn Reddit's MOON Tokens

Kazuki Nakayashiki

Hatched by Kazuki Nakayashiki

Sep 12, 2023

4 min read

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How to Increase Email Open Rates and Earn Reddit's MOON Tokens

Email marketing and cryptocurrency may seem like unrelated topics, but there are common points to be explored. In both cases, the goal is to capture attention and engage with the audience. In this article, we will discuss how to increase email open rates with H2H subject lines and delve into the world of Reddit's MOON tokens.

Email marketing is a powerful tool for businesses to connect with their audience. However, many marketers struggle with low open rates. According to recent data, the average email open rate across industries is 19.66% in 2022. This can be attributed to two main reasons.

Firstly, subscribers may not be interested in hearing from you. However, this is unlikely since they signed up for your emails in the first place. So, the second reason is more probable – you're not framing your subject lines to show what's in it for them.

Before people open your email, they want to know that it's relevant to them. The job of the email subject line is to make the reader feel that they want to see the email. People don't care about you or your product. If you focus on yourself, you'll lose them.

In a study conducted in 2020, researchers examined how messaging affected solar adoption in 29 different cities. They found that people were twice as likely to adopt solar power when the message focused on personal gain for the adopter rather than social responsibility. This highlights the importance of showing the recipient what they stand to gain from opening your email.

Research also shows that the brain releases dopamine, a feel-good chemical, as a reward for satisfying our curiosity. When we encounter a knowledge gap or something we don't know, we naturally want to figure it out. This principle can be applied to email subject lines by catering to at least one of the five dimensions of curiosity: deprivation sensitivity, joyous exploration, social curiosity, stress tolerance, and thrill-seeking.

Triggered emails, which are personalized and sent based on specific actions or events, have been found to perform better than newsletters. A study by GetResponse revealed that triggered emails had an open rate of 35.64%, compared to 20.58% for newsletters. Personalization in subject lines doesn't simply mean adding a first name tag. In fact, the study found that open rates were lower when subject lines included this form of personalization.

Specificity in subject lines sets an expectation and allows readers to picture a clear outcome. GetResponse found that subject lines with the word "now" scored an open rate of 31.73%. This sense of urgency can entice recipients to open the email.

It's important to consider the device on which recipients are viewing their emails. Most people open emails on their mobile phones, and mobile screens have limited space for subject lines. While the average subject line length is 44 characters, mobile phones can only accommodate around 33 characters within the field of view. So, keeping subject lines concise and impactful is crucial for mobile users.

Now, let's shift our focus to Reddit's MOON tokens. Reddit, the social media giant, introduced Reddit Community Points (RCPs) in 2020 as a way to reward content creators on the r/Cryptocurrency subreddit. RCPs are crypto assets that have a monetary value determined by the market. They run on the Ethereum blockchain, making them real cryptocurrencies.

Redditors can earn MOON tokens based on the content they produce on the subreddit. Active users can earn MOONs from the protocol itself, based on their generated karma points, or through tips from other Redditors. Additionally, Reddit allocates a certain number of MOON tokens to distribute to community moderators and to the platform itself.

The supply of MOON tokens is limited, with only 250 million tokens in existence according to the software's rules. This scarcity adds value to the tokens and creates an incentive for users to actively participate in the community.

Now that we have explored both email marketing and cryptocurrency, let's provide three actionable advice to increase email open rates and potentially earn MOON tokens:

  1. Personalize your subject lines: Instead of focusing on yourself or your product, highlight what the recipient stands to gain from opening your email. Appeal to their curiosity and make it clear that the content is relevant to them.

  2. Use triggered emails: Implement a system that sends personalized emails based on specific actions or events. This can increase open rates significantly compared to generic newsletters.

  3. Optimize for mobile: With the majority of email opens happening on mobile devices, it's crucial to keep subject lines concise and impactful within the limited space available. Consider the character limit and make every word count.

In conclusion, both email marketing and cryptocurrency require strategies to capture attention and engage with the audience. By incorporating personalization, triggering emails, and optimizing for mobile, you can increase email open rates. Meanwhile, Reddit's MOON tokens provide a unique opportunity for content creators to be rewarded for their contributions to the community. So, whether you're looking to improve your email marketing or explore the world of cryptocurrencies, these insights can help you on your journey.

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