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We have been utilizing a report in our CRM tool which shows the open and click through rate for all emails we send out (campaign and within our sales processes).  This is a great tool to show you which emails are not even being opened, and can help you remove a lot of the "chaff" you might be sending out.  In the end, my goal is quality vs. quantity, and I prefer smaller, targeted mailouts on no more than a monthly basis...