CTOR
Click to Open Rate is CTR’s sharper sibling. Unlike CTR, which measures clicks against all emails delivered, CTOR only looks at people who actually opened your email — then asks: of those, how many clicked? It’s calculated by dividing the number of unique clicks by the number of unique opens, and multiplying the result by 100.
This makes CTOR a much more precise measure of content quality. A low CTOR means your email got opened but didn’t deliver — the design, layout, copy, or CTAs need work. A high CTOR means that once people read your email, it convinced them to act.
If CTR tells you whether your emails are being engaged with, CTOR tells you whether they’re worth engaging with.