· 4 min read · by Matthew Rissik
What is a good cold email reply rate?
Ask what a good cold email reply rate is and you’ll get a confident number from someone selling email software. (It’s usually their customers’ number. On their best day.)
Here are real ones instead, from 17 campaign dashboards I’ve run, and why the reply rate isn’t the number I watch most.
tl;dr
Across 17 of my campaign dashboards, reply rates ran from 0.64% to 4.84%, with about half between 1.3% and 2%. A good cold email reply rate depends on the market and list, but the number that matters more is the positive reply rate: the share of replies that are interested. On my campaigns that ranged from 4.33% to 48%.
Real reply rates from 17 campaigns
These come straight from the sending dashboards, across recruiting, med spa software, commercial cleaning, capital advisory and marketing agencies. A few of them:
| Campaign | Emails sent | Reply rate | Positive share of replies |
|---|---|---|---|
| Nurses in Canada (recruiting) | 5,469 | 1.40% | 48% |
| Commercial cleaning | 29,017 | 1.30% | 35.33% |
| Agencies, Google inboxes only | 2,520 | 1.40% | 25% |
| Capital advisory | 30,693 | 1.64% | 18.03% |
| Med spa software, non-personalised | 9,281 | 4.84% | 16.07% |
| Window cleaning | 32,649 | 4.61% | 6.29% |
Every campaign dashboard is on my projects page, the weak ones included, because a benchmark made only of winners isn’t a benchmark. It’s a highlight reel.
Why reply rate on its own misleads you
Look at the table again. The two highest reply rates, 4.84% and 4.61%, had some of the lowest positive shares. The nurses campaign had a modest 1.40% reply rate, and nearly half of those replies were interested.
A reply can be “yes, let’s talk.” It can also be “remove me,” “wrong person” or a three-paragraph lecture about unsolicited email. Reply rate counts all of them the same. A campaign that annoys lots of people into replying looks great on a reply-rate chart and books nobody.
So I track three numbers, in this order: positive replies, booked calls, and pipeline. Reply rate is a health check, not a goal. (Nobody has ever paid an invoice with a reply rate.)
So what is a good cold email reply rate?
From my own dashboards, a reply rate somewhere between 1% and 5% is normal for cold email to a decent list. Below 1% usually points to a deliverability or targeting problem. Much above 5% is worth checking: is it interest, or irritation?
For positive replies, my campaigns ranged from 4.33% to 48% of replies, and up to 32%+ on the larger tables. The gap between those numbers is almost entirely about two things: how narrow the list was, and how obvious the reason to reply was to that one type of person.
Treat any single benchmark with suspicion, mine included. Your market, your offer and your list matter more than anyone’s average.
When the number is low: deliverability first
If almost nobody replies, the first question isn’t “is the copy bad?” It’s “did the emails arrive?” A brilliant email in a spam folder has a reply rate of zero.
Gmail’s sender guidelines ask senders to authenticate their mail with SPF or DKIM and keep spam rates low, and Google’s Postmaster Tools show you how your sending domain is doing. That’s also why I never send cold email from a client’s main domain. Burn a secondary domain and it’s an inconvenience. Burn your main one and your invoices stop landing.
Once you know the emails are landing, look at the list (is it the right people?), then the offer (would they care?), then the copy. In that order. Most people start with the copy because it’s the fun part.
How to get more positive replies, not just more replies
- Narrow the list to one buyer with one problem
- Lead with that problem, not your company history
- Give one easy reason to reply, and one easy question to answer
- Keep it short enough to read on a phone in ten seconds
- Answer interested replies within minutes, with a booking link
That last one isn’t about the reply rate at all, but it decides how many positive replies become calls. A “yes, tell me more” that waits two days often turns back into a no.
What I’d do this week
Open your last campaign and split the replies into interested, not interested and remove me. Work out the positive share. If it’s under about 5%, fix the list before you touch the copy.
Then run your numbers in the cold email ROI calculator to see what a better positive rate would be worth. If you’d rather have someone run the whole thing, that’s my outbound lead generation service. And if your buyers are in South Africa, read is cold email legal in South Africa? first.
If you want a second pair of eyes on yours, book a call and I’ll tell you honestly what I’d change first.
Questions people ask
What is the average cold email reply rate?
Across 17 of my campaign dashboards, reply rates ran from 0.64% to 4.84%, with about half between 1.3% and 2%. Your market and list will move that a lot.
What is a positive reply rate?
The share of replies that are interested, such as “yes, let’s talk,” rather than “not interested” or “remove me.” It’s a better measure of a campaign than reply rate.
Why is my cold email reply rate so low?
Usually deliverability first: the emails may not be reaching inboxes. Then check the list, the offer and the copy, in that order.
Is a high reply rate always good?
No. A high reply rate full of “remove me” replies books nobody. Watch the positive share and booked calls instead.
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