Predicting the Click Through Rate (CTR) for an email campaign.
Problem Statement Most organizations today rely on email campaigns for effective communication with users. Email communication is one of the popular ways to pitch products to users and build trustworthy relationships with them.
Email campaigns contain different types of CTA (Call To Action). The ultimate goal of email campaigns is to maximize the Click Through Rate (CTR).
CTR is a measure of success for email campaigns. The higher the click rate, the better your email marketing campaign is. CTR is calculated by the no. of users who clicked on at least one of the CTA divided by the total no. of users the email was delivered to.
CTR = No. of users who clicked on at least one of the CTA / No. of emails delivered
CTR depends on multiple factors like design, content, personalization, etc.
Variable - Description
campaign_id - Unique identifier of a campaign
sender - Sender of an e-mail
subject_len - No. of characters in a subject
body_len - No. of characters in an email body
mean_paragraph_len - Average no. of characters in paragraph of an email
day_of_week - Day on which email is sent
is_weekend - Boolean flag indicating if an email is sent on weekend or not
times_of_day - Times of day when email is sent: Morning, Noon, Evening
category - Category of the product an email is related to
product - Type of the product an email is related to
no_of_CTA - No. of Call To Actions in an email
mean_CTA_len - Average no. of characters in a CTA
is_image - No. of images in an email
is_personalised - Boolean flag indicating if an email is personalized to the user or not
is_quote - No. of quotes in an email
is_timer - Boolean flag indicating if an email contains a timer or not
is_emoticons - No. of emoticons in an email
is_discount - Boolean flag indicating if an email contains a discount or not
is_price - Boolean flag indicating if an email contains price or not
is_urgency - Boolean flag indicating if an email contains urgency or not
target_audience - Cluster label of the target audience
click_rate (Target Variable) - Click rate of an email campaign