TL;DR
Stop tracking clicks and opens in cold email campaigns. Click-through rates are unreliable due to email security bots, links hurt your deliverability, and tracking makes it worse.
Instead: limit links to 1 max, don't track them, ask permission before sending links, and use website tracking tools (like Lemlist, Google Analytics, or other solutions) to track engagement after prospects visit your site. Focus on the only metric that matters in cold outreach: reply rate.
Who should read this
This article is for:
Cold email practitioners who want to improve deliverability and reply rates
Sales teams making decisions based on click-through and open rate data
Outbound marketers struggling with emails landing in spam
Anyone tracking clicks and opens in their cold campaigns without understanding the consequences
💡 Key insight: If you're focused on optimizing open rates and click-through rates, you're likely optimizing the wrong metrics and hurting your deliverability in the process.
The 3 rules of link tracking in cold outbound
Based on real coaching insights from successful cold email practitioners, here are the three critical rules you need to know before tracking clicks in your campaigns.
Rule 1: Click-through rates are unreliable
The problem: Modern email providers (Gmail, Outlook, corporate email systems) use security bots that automatically scan incoming emails for malicious links.
What happens:
Bots click on every link in your email before the recipient even sees it
This generates fake "clicks" in your analytics
You can't tell the difference between bot clicks and real human interest
Your click-through rate data becomes meaningless
Real-world example: A campaign showing 40% click-through rate might have 0% actual human engagement—all bot clicks checking for spam, phishing, or malware.
⚠️ The reality: Click-through rates in cold email campaigns are not reliable metrics for measuring engagement or interest.
Rule 2: Links hurt your deliverability
The core issue: Email providers treat emails with links more suspiciously—especially in cold outreach.
Why links trigger spam filters:
✅ Professional inbox protection: Gmail, Outlook, and corporate email systems are designed to protect users from phishing and scams
✅ Cold email = higher scrutiny: When you're sending to people who've never emailed you before, every "risky" element counts against you
✅ Link density matters: The more links you include, the more likely your email lands in spam or gets bounced
The impact:
❌ Higher spam folder rates: Emails with multiple links are significantly more likely to land in spam
❌ Lower inbox placement: Even if not marked as spam, emails with links may land in "Promotions" or "Updates" tabs instead of Primary inbox
❌ Increased bounce rates: Some corporate email systems automatically reject emails with tracked links
Recommendation: Limit links to 1 maximum per email—ideally 0 in your initial cold outreach.
Rule 3: Tracking links makes deliverability worse
What is link tracking?
When you enable click tracking in lemlist (or any email tool), the tool:
Takes your original link (e.g.,
yourwebsite.com/demo)Wraps it in a tracking redirect (e.g.,
track.lemlist.com/click/abc123)Redirects users through the tracking server before landing on your actual page
Why this hurts deliverability:
❌ Tracked links look suspicious: Redirect links are a classic phishing technique—spam filters know this
❌ Shared tracking domains: When you use default tracking domains, you share reputation with thousands of other users—including those with poor sending practices
❌ Extra DNS lookups: Tracking links require additional DNS checks, which can slow down delivery and trigger additional security scans
❌ Anti-phishing systems flag redirects: Corporate security tools often block or quarantine emails with redirect links
The data-backed insight: Emails with untracked links consistently show better deliverability than emails with tracked links.
What to do instead:
✅ Turn off click tracking in your lemlist campaign settings
✅ Use plain, direct links (if you must include links at all)
✅ Set up a Custom Tracking Domain (CTD) if you absolutely need to track clicks—this isolates your reputation from other senders
Why open rates are equally unreliable
Just like click-through rates, open rate tracking is fundamentally broken in modern email.
How open tracking works
Email tools track opens by embedding a 1x1 pixel invisible image in your email. When the recipient's email client loads images, it pings the tracking server—counted as an "open."
Why it's unreliable
Problem 1: Email security bots
Many companies use anti-spam systems that:
Open emails automatically before they reach the recipient's inbox
Scan for malicious content
Generate fake "opens" in your analytics
As one commenter noted: "More and more companies use anti-spam systems that open the emails before it even lands. On your side you get an open but it was just a bot checking that you're not trying to scam their employees."
Problem 2: Image blocking
Gmail and Apple Mail now block automatic image loading by default
Many corporate email systems block external images entirely
If images don't load, opens don't get tracked—even if the person read your email
Problem 3: Apple Mail Privacy Protection
Since 2021, Apple Mail (used by 40%+ of email users) pre-loads all images automatically, whether the user reads the email or not. This means:
Every email sent to an Apple Mail user shows as "opened"
Open rates for Apple Mail users are artificially inflated to nearly 100%
You can't distinguish between actual reads and automatic pre-loading
The bottom line on open rates
Open rates are not a reliable indicator of:
Whether a human actually read your email
Whether your subject line was compelling
Whether your content resonated
What you should track instead: Reply rate (the only metric that proves actual human engagement).
The alternative: Permission-based link sharing
Instead of forcing links into your initial cold emails, use a permission-based approach that improves both deliverability AND engagement.
The strategy
Step 1: Reference the resource without linking
Instead of:
Hi [Name],I thought this case study would be relevant for you: [tracked link]
Write:
Hi [Name],I recently created a case study showing how [Company X] increased theirreply rates by 47% using a similar approach to what you're doing.Would it be helpful if I sent it over?
Step 2: Wait for permission
When the prospect replies with "yes" or "sure, send it over," then you send the link in your response.
Why this works better
✅ Better deliverability: Your initial email has no links—maximum inbox placement
✅ Higher engagement: You've now started a conversation—the prospect is expecting and wanting your link
✅ Qualified interest: You only send resources to people who actually want them
✅ No tracking needed: Once they reply, you're in a conversation thread—you can track engagement via website analytics
✅ Warmer relationship: You've created a two-way dialogue instead of a one-way pitch
Example templates
For case studies:
I have a case study on [specific outcome] that might be relevant.Should I send it your way?
For resources:
I put together a guide on [specific topic] that addresses [specific pain point].Would you like me to share it?
For demos/calendars:
I can send over a few time slots for a quick call if that works for you?
How to track engagement without hurting deliverability
You can still measure campaign effectiveness without tracking clicks and opens in your emails.
Alternative tracking methods
1. Use website tracking tools
Instead of tracking clicks in lemlist, use:
lemlist's website tracking (visitor identification)
Google Analytics with UTM parameters (added manually after they reply)
Clearbit Reveal or Leadfeeder (identify companies visiting your site)
Hotjar or FullStory (session recordings and behavior tracking)
HubSpot or other CRMs with website tracking
How it works:
Prospect replies to your email (permission granted)
You send the link in your response (not in the initial cold email)
They visit your website
Website tracking tools capture their behavior
✅ Benefits: More accurate data, no deliverability impact, better user experience
2. Track the trigger, not the click
Set up automation based on website visits rather than email clicks:
Example workflow:
1. Send cold email (no links)2. Prospect visits your website (tracked via Lemlist/GA/etc.)3. Trigger: "Prospect visited pricing page"4. Action: Send personalized follow-up email
This approach:
Doesn't require link tracking in emails
Captures genuine interest (they came to your site independently)
Allows for better segmentation and personalization
3. Focus on conversation metrics
The most successful cold email practitioners track:
Primary metric:
Reply rate (positive replies only)
Secondary metrics:
Meetings booked (scheduled calls/demos)
Opportunities created (qualified prospects)
Closed deals (revenue generated)
Ignore:
Open rates (unreliable)
Click-through rates (unreliable)
Total replies including "unsubscribe" (vanity metric)
What successful outbound teams actually track
Based on insights from top-performing lemlist users and lemcoach participants:
The metrics that matter
1. Reply Rate (Positive)
Formula: (Positive Replies / Emails Delivered) × 100
What counts as a positive reply:
Questions about your offer
Requests for more information
Agreement to book a meeting
Any engagement showing genuine interest
What doesn't count:
"Not interested"
"Remove me from your list"
Out-of-office auto-replies
Benchmark: 5-15% positive reply rate is considered good for cold outreach
2. Meeting Booking Rate
Formula: (Meetings Booked / Positive Replies) × 100
This measures how effectively you convert interested prospects into actual conversations.
Benchmark: 40-60% of positive replies should result in booked meetings
3. Deliverability Rate
Formula: (Emails Delivered / Emails Sent) × 100
What to track:
Bounce rate (should be <2%)
Spam complaint rate (should be <0.1%)
Inbox placement rate (use lemwarm to monitor)
This is your foundation metric—if your deliverability is poor, nothing else matters.
4. Email-to-Opportunity Conversion
Formula: (Qualified Opportunities / Emails Delivered) × 100
This measures the actual business impact of your campaigns.
Benchmark: 1-3% email-to-opportunity conversion rate is strong
5. Email-to-Revenue
Formula: Revenue Generated / Emails Delivered
The ultimate metric: how much revenue does each email in your campaign generate?
Example: If you send 1,000 emails and close $50,000 in deals, your email-to-revenue is $50 per email.
What they DON'T track
❌ Open rates
❌ Click-through rates
❌ Time spent reading emails
❌ Email client type
❌ Device type
Why: These metrics don't correlate with actual business outcomes and can distract from what matters.
Best practices summary
✅ DO
For link usage:
Limit links to 1 maximum per email (ideally 0 in first touch)
Use plain, untracked links if you must include links
Ask permission before sending links ("Should I send it over?")
Include links in follow-up emails after getting replies
For tracking:
Turn off click tracking in lemlist campaign settings
Turn off open tracking (it's unreliable anyway)
Use website tracking tools (lemlist, GA, etc.) instead
Track reply rates as your primary success metric
Monitor deliverability continuously with lemwarm
For deliverability:
Set up proper DNS records (SPF, DKIM, DMARC)
Use a Custom Tracking Domain if you absolutely need tracking
Keep sending volume under 40 emails/day for new mailboxes
Run lemwarm continuously for domain reputation
Validate email lists to avoid bounces
❌ DON'T
Don't include multiple links in cold emails
Don't track clicks in your initial outreach
Don't make decisions based on open rates
Don't use default tracking domains
Don't send links without permission
Don't ignore deliverability metrics
Don't optimize for vanity metrics (opens, clicks)
Common questions
Q: But how do I measure campaign effectiveness without tracking opens and clicks?
A: Focus on reply rate and meetings booked—the only metrics that prove actual human engagement and business outcomes.
If 100 people "open" your email but 0 reply, that's a failed campaign. If 20 people open your email but 10 reply and 5 book meetings, that's success.
Optimize for conversations, not clicks.
Q: I need to include a calendar link. What should I do?
A: Two options:
Option 1 (Recommended): Ask permission first
"Would it be helpful to find 15 minutes to discuss this?I can send over some time slots if so."
Then send the calendar link in your reply after they say yes.
Option 2: Include 1 untracked calendar link in your signature
Turn off link tracking
Use a plain Calendly/Cal.com link
Place it at the bottom of your signature, not in the body
Q: What about UTM parameters for tracking?
A: UTM parameters are fine after you have permission:
❌ Don't do this in cold emails:
Check out our case study:yoursite.com/case-study?utm_source=cold_email&utm_campaign=Q1
✅ Do this after they reply:
As requested, here's the case study:yoursite.com/case-study?utm_source=email_reply&utm_campaign=Q1
The difference: one is unsolicited (hurts deliverability), one is requested (no deliverability impact).
Q: Should I turn off tracking in lemlist entirely?
A: Yes, for cold outreach campaigns.
Here's how:
Go to your campaign settings in lemlist
Navigate to "Tracking Settings"
Disable "Track email opens"
Disable "Track link clicks"
Focus on reply tracking instead
Exception: If you're sending to warm lists (existing customers, newsletter subscribers, engaged leads), tracking may be appropriate—but even then, test the impact on deliverability.
Q: What about setting up a Custom Tracking Domain (CTD)?
A: A Custom Tracking Domain can help if you absolutely must track clicks, because:
✅ Isolates your reputation from other lemlist users ✅ Looks more professional than generic tracking domains ✅ Can improve deliverability compared to default tracking domains
However: Even with a CTD, untracked links still perform better for deliverability than tracked links.
Recommendation hierarchy:
Best: No links at all in cold emails
Good: Plain, untracked links (1 max)
Acceptable: Tracked links with Custom Tracking Domain
Poor: Tracked links with default tracking domain
Q: How do I convince my team/manager to stop tracking opens and clicks?
A: Run a test:
Test setup:
Campaign A: Track opens and clicks (current approach)
Campaign B: No tracking, no links, permission-based approach
Same ICP, same offer, same email copy (minus links)
Send to similar audience sizes (minimum 200 each)
Compare:
Deliverability rates
Positive reply rates
Meetings booked
Opportunities created
Expected result: Campaign B will outperform on every metric that actually matters for business outcomes.
Present the data, not opinions.
Q: I'm in B2B SaaS. Don't I need to track which features prospects are interested in?
A: You can track interest after they engage:
Cold email approach:
Hi [Name],I noticed [relevant trigger]. We help [similar companies] achieve [specific outcome].Would a quick overview be helpful?
After they reply "yes":
Great! Here are a few resources based on what you mentioned:- Feature deep-dive: [link with UTM]- Case study: [link with UTM]- Product demo: [link with UTM]Which would be most relevant for you?
Now you can track:
Which resources they click (website analytics)
Which pages they visit (lemlist website tracking)
Which features they explore (product analytics)
All without hurting deliverability in your initial outreach.
Q: What about A/B testing subject lines using open rates?
A: Open rates are too unreliable for accurate A/B testing. Instead:
Test using reply rates:
Subject Line A vs. Subject Line B
Measure: Which gets more positive replies?
Ignore: Open rate data (contaminated by bots)
Better indicators of subject line effectiveness:
Reply rate
Quality of replies (How relevant/engaged are responders?)
Meeting booking rate from each variant
If Subject Line A has a 60% open rate but 1% reply rate, and Subject Line B has a 30% open rate but 8% reply rate—Subject Line B wins.
Optimize for outcomes, not opens.

