GITNUX REPORT 2024

Key Newsletter Industry Statistics: Revenue Growth, Engagement Trends Revealed

Unlock the Insights: The Impact of Newsletter Industry Statistics Revealed for Marketing Professionals.

Author: Jannik Lindner

First published: 7/17/2024

Statistic 1

42% of millennials check their email while in bed

Statistic 2

Mobile devices account for 46% of all email opens

Statistic 3

The average person receives 121 emails per day

Statistic 4

38% of US adults subscribe to at least one email newsletter

Statistic 5

60% of consumers subscribe to a brand's email list to receive promotional messages

Statistic 6

49% of consumers say they would like to receive promotional emails from their favorite brands on a weekly basis

Statistic 7

70% of subscribers read newsletters on mobile devices

Statistic 8

72% of consumers prefer email as their main channel for business communication

Statistic 9

61% of consumers enjoy receiving promotional emails weekly

Statistic 10

The average time spent reading a newsletter is 11.1 seconds

Statistic 11

74% of Baby Boomers think email is the most personal channel to receive communications from brands

Statistic 12

49% of consumers say they would like to receive promotional emails from their favorite brands on a weekly basis

Statistic 13

72% of consumers prefer email as their main channel for business communication

Statistic 14

61% of consumers enjoy receiving promotional emails weekly

Statistic 15

Newsletters with video content can increase click rates by 300%

Statistic 16

The average open rate for newsletters across industries is 21.33%

Statistic 17

Personalized email subject lines can increase open rates by 50%

Statistic 18

The best time to send newsletters is Tuesday at 10 AM

Statistic 19

Newsletter subscribers are 3x more likely to share content on social media

Statistic 20

Newsletters with social sharing buttons have a 158% higher click-through rate

Statistic 21

The average email list churn rate is 25-30% per year

Statistic 22

Interactive emails can increase click-to-open rates by 73%

Statistic 23

The average click-through rate for newsletters is 2.6%

Statistic 24

Newsletters with emojis in the subject line have a 56% higher open rate

Statistic 25

Newsletters with personalized content generate 6x higher transaction rates

Statistic 26

Newsletters sent on Mondays have the highest open rates

Statistic 27

The average email deliverability rate is 85%

Statistic 28

Newsletters with a single call-to-action increase clicks by 371%

Statistic 29

Newsletters with social proof can increase click-through rates by up to 468%

Statistic 30

The average email marketing campaign conversion rate is 1.22%

Statistic 31

Newsletters with animated GIFs have a 6% higher open rate

Statistic 32

The average email marketing campaign bounce rate is 0.7%

Statistic 33

Newsletters with countdown timers can increase click-through rates by 14%

Statistic 34

The average email marketing campaign unsubscribe rate is 0.1%

Statistic 35

Newsletters with personalized subject lines are 26% more likely to be opened

Statistic 36

Newsletters with a clear and compelling call-to-action can increase click-through rates by 371%

Statistic 37

The average email open rate for the media and publishing industry is 22.15%

Statistic 38

Newsletters with social sharing buttons have a 158% higher click-through rate

Statistic 39

Newsletters with emojis in the subject line have a 56% higher open rate

Statistic 40

The average click-to-open rate for newsletters is 14.3%

Statistic 41

The newsletter industry is expected to reach $1.5 billion in revenue by 2024

Statistic 42

The global email marketing market size is expected to reach $17.9 billion by 2027

Statistic 43

The number of global email users is expected to reach 4.6 billion by 2025

Statistic 44

The global email marketing software market is expected to grow at a CAGR of 10.5% from 2021 to 2028

Statistic 45

43% of marketers plan to increase their email marketing budget

Statistic 46

The global email marketing market is expected to reach $17.9 billion by 2027

Statistic 47

59% of B2B marketers say email is their most effective channel for revenue generation

Statistic 48

77% of marketers have seen an increase in email engagement over the last 12 months

Statistic 49

The average ROI for email marketing is $42 for every $1 spent

Statistic 50

67% of B2B marketers use email marketing to nurture their audience

Statistic 51

Segmented email campaigns can increase revenue by 760%

Statistic 52

35% of marketers send their subscribers 3-5 emails per week

Statistic 53

The average email marketing campaign ROI is 3800%

Statistic 54

47% of marketers say they test different email versions to optimize performance

Statistic 55

85% of marketers use email marketing for lead generation

Statistic 56

31% of B2B marketers say email newsletters are the best way to nurture leads

Statistic 57

54% of marketers say increasing engagement rate is their top email marketing priority

Statistic 58

80% of business professionals believe that email marketing increases customer retention

Statistic 59

59% of marketers say email generates the highest ROI for their organization

Statistic 60

33% of marketers send weekly emails to their subscribers

Statistic 61

78% of marketers have seen an increase in email engagement over the past 12 months

Statistic 62

The average ROI for email marketing campaigns is 3800%

Statistic 63

87% of B2B marketers say email is one of their top free organic distribution channels

Statistic 64

35% of marketers send their customers 3-5 emails per week

Statistic 65

There are over 1 million active newsletters on Substack

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Summary

  • There are over 1 million active newsletters on Substack
  • The newsletter industry is expected to reach $1.5 billion in revenue by 2024
  • 59% of B2B marketers say email is their most effective channel for revenue generation
  • The average open rate for newsletters across industries is 21.33%
  • Personalized email subject lines can increase open rates by 50%
  • 42% of millennials check their email while in bed
  • The best time to send newsletters is Tuesday at 10 AM
  • 77% of marketers have seen an increase in email engagement over the last 12 months
  • The average ROI for email marketing is $42 for every $1 spent
  • Mobile devices account for 46% of all email opens
  • Newsletters with video content can increase click rates by 300%
  • 67% of B2B marketers use email marketing to nurture their audience
  • The average person receives 121 emails per day
  • Newsletter subscribers are 3x more likely to share content on social media
  • 38% of US adults subscribe to at least one email newsletter

Move over, pigeons carrying scrolls – the newsletter industry is soaring to new heights with more than just fancy stationary. With over 1 million active newsletters on Substack and a projected revenue of $1.5 billion by 2024, its clear that email isnt just for forwarding cat videos anymore. From personalized subject lines boosting open rates by 50% to the revelation that 42% of millennials are catching up on emails in bed (sorry, morning coffee), this blog post dives into the juicy stats that keep the youve got mail era alive and kicking. So, grab your smartphone, caffeinate accordingly, and lets explore why 38% of US adults are hitting that elusive subscribe button – because as it turns out, newsletters arent just sharing recipes for overnight oats, theyre shaping digital landscapes and generating an email marketing ROI of $42 for every $1 spent. Who knew that a well-crafted newsletter was the modern-day equivalent of a message in a bottle?”

Consumer Behavior

  • 42% of millennials check their email while in bed
  • Mobile devices account for 46% of all email opens
  • The average person receives 121 emails per day
  • 38% of US adults subscribe to at least one email newsletter
  • 60% of consumers subscribe to a brand's email list to receive promotional messages
  • 49% of consumers say they would like to receive promotional emails from their favorite brands on a weekly basis
  • 70% of subscribers read newsletters on mobile devices
  • 72% of consumers prefer email as their main channel for business communication
  • 61% of consumers enjoy receiving promotional emails weekly
  • The average time spent reading a newsletter is 11.1 seconds
  • 74% of Baby Boomers think email is the most personal channel to receive communications from brands
  • 49% of consumers say they would like to receive promotional emails from their favorite brands on a weekly basis
  • 72% of consumers prefer email as their main channel for business communication
  • 61% of consumers enjoy receiving promotional emails weekly

Interpretation

In a world where attention spans are shorter than elevator rides and scrolling has become a national pastime, the art of email marketing is alive and thriving. Millennials seem to have taken the phrase "rise and grind" quite literally, checking their inboxes even before their feet touch the floor each morning. With mobile devices acting as personal gateways to the digital realm, it's no surprise that emails are being devoured on tiny screens at an alarming rate. The average person wades through a virtual flood of 121 emails daily, hoping to find that one golden message amidst a sea of promotions. Despite the clutter, consumers still crave that digital love letter from their favorite brands, eagerly anticipating weekly updates like clockwork. While the average newsletter may only be granted a fleeting 11.1 seconds of attention, the power of personalized communication through email is undeniable, with Baby Boomers declaring it the most intimate connection they share with their beloved brands. In an era where a well-crafted subject line can make or break a sale, email remains the undisputed heavyweight champion of business communication, wielding its influence with finesse and flair. So, as we bid adieu to snail mail and embrace the digital age with open arms (and overloaded inboxes), remember: in the world of emails, the subject line is your stage, the content your script, and the reader's attention your most elusive co-star.

Content Strategy

  • Newsletters with video content can increase click rates by 300%

Interpretation

In the realm of newsletter statistics, adding video content is the ultimate power move, like sprinkling a dash of glitter to turn an ordinary message into a dazzling gem. With a whopping 300% increase in click rates, it's as if subscribers can't resist the siren call of moving pictures, drawn in by the irresistible allure of sight and sound. So, in the dance of digital communication, remember this golden rule: when words fail, let video do the talking – because sometimes, a click is worth a thousand words.

Engagement Metrics

  • The average open rate for newsletters across industries is 21.33%
  • Personalized email subject lines can increase open rates by 50%
  • The best time to send newsletters is Tuesday at 10 AM
  • Newsletter subscribers are 3x more likely to share content on social media
  • Newsletters with social sharing buttons have a 158% higher click-through rate
  • The average email list churn rate is 25-30% per year
  • Interactive emails can increase click-to-open rates by 73%
  • The average click-through rate for newsletters is 2.6%
  • Newsletters with emojis in the subject line have a 56% higher open rate
  • Newsletters with personalized content generate 6x higher transaction rates
  • Newsletters sent on Mondays have the highest open rates
  • The average email deliverability rate is 85%
  • Newsletters with a single call-to-action increase clicks by 371%
  • Newsletters with social proof can increase click-through rates by up to 468%
  • The average email marketing campaign conversion rate is 1.22%
  • Newsletters with animated GIFs have a 6% higher open rate
  • The average email marketing campaign bounce rate is 0.7%
  • Newsletters with countdown timers can increase click-through rates by 14%
  • The average email marketing campaign unsubscribe rate is 0.1%
  • Newsletters with personalized subject lines are 26% more likely to be opened
  • Newsletters with a clear and compelling call-to-action can increase click-through rates by 371%
  • The average email open rate for the media and publishing industry is 22.15%
  • Newsletters with social sharing buttons have a 158% higher click-through rate
  • Newsletters with emojis in the subject line have a 56% higher open rate
  • The average click-to-open rate for newsletters is 14.3%

Interpretation

In the world of newsletter industry statistics, it's not just about hitting send and crossing your fingers anymore. With personalized subject lines that pack a punch and emojis that make you smile, newsletters are stepping up their game. Tuesdays at 10 AM have become the new happy hour for email opens, while social sharing buttons are the VIP passes to viral content. Interactive emails are the life of the party, boasting a 73% higher click-to-open rate, and animated GIFs are the flashy accessories that demand attention. So, if you want your newsletter to shine brighter than a disco ball, remember: personalized is powerful, social proof is king, and a clear call-to-action is the ultimate mic drop. Welcome to the glitzy world of newsletter magic, where every click is a standing ovation.

Market Growth

  • The newsletter industry is expected to reach $1.5 billion in revenue by 2024
  • The global email marketing market size is expected to reach $17.9 billion by 2027
  • The number of global email users is expected to reach 4.6 billion by 2025
  • The global email marketing software market is expected to grow at a CAGR of 10.5% from 2021 to 2028
  • 43% of marketers plan to increase their email marketing budget
  • The global email marketing market is expected to reach $17.9 billion by 2027

Interpretation

In an age where the inbox is the new battleground, the newsletter industry is shaping up to be the ultimate gladiator arena, with revenue projections reaching a staggering $1.5 billion by 2024. With an army of 4.6 billion global email users expected to march in by 2025, the battlefield is set for marketers to wage their email marketing campaigns. As 43% of marketers gear up to boost their email marketing budgets, it's clear that in this digital age, the power of the email is mightier than the sword. Brace yourselves for an epic showdown as the global email marketing market strives to conquer the $17.9 billion peak by 2027, with growth rates that would make even the most seasoned gladiator break a sweat.

Marketing Effectiveness

  • 59% of B2B marketers say email is their most effective channel for revenue generation
  • 77% of marketers have seen an increase in email engagement over the last 12 months
  • The average ROI for email marketing is $42 for every $1 spent
  • 67% of B2B marketers use email marketing to nurture their audience
  • Segmented email campaigns can increase revenue by 760%
  • 35% of marketers send their subscribers 3-5 emails per week
  • The average email marketing campaign ROI is 3800%
  • 47% of marketers say they test different email versions to optimize performance
  • 85% of marketers use email marketing for lead generation
  • 31% of B2B marketers say email newsletters are the best way to nurture leads
  • 54% of marketers say increasing engagement rate is their top email marketing priority
  • 80% of business professionals believe that email marketing increases customer retention
  • 59% of marketers say email generates the highest ROI for their organization
  • 33% of marketers send weekly emails to their subscribers
  • 78% of marketers have seen an increase in email engagement over the past 12 months
  • The average ROI for email marketing campaigns is 3800%
  • 87% of B2B marketers say email is one of their top free organic distribution channels
  • 35% of marketers send their customers 3-5 emails per week

Interpretation

In a world where attention spans are shorter than a goldfish's memory, email marketing emerges as the unsung hero of revenue generation. With a 3800% average ROI that could make even the most seasoned Wall Street investor raise an eyebrow, it's clear that email is not just surviving but thriving in the digital age. From tailored segmented campaigns that can boost revenue by a mind-blowing 760% to the relentless pursuit of engagement rate perfection through rigorous A/B testing, marketers are wielding their keyboards like modern-day maestros conducting symphonies of customer retention and lead generation. So, next time you hit send on that newsletter or promotional email, remember that behind every click lies the potential for a 42-to-1 return on investment - an email miracle in a world of fleeting digital miracles.

Platform Statistics

  • There are over 1 million active newsletters on Substack

Interpretation

With over 1 million active newsletters on Substack, it seems like everybody's got something to say and an audience eager to listen. In a world inundated with information, the rise of newsletters signifies a shift towards curated content delivered straight to your inbox. It's not just about staying informed anymore; it's about choosing whose voice you want to amplify in your daily scroll. So, in the midst of this newsletter frenzy, make sure you're subscribing wisely - because in the battle of the inbox, quality trumps quantity every time.

References