In short: If a campaign underperforms, check five things in order: your email content, your sender address, your sender domain's reputation, the quality of your mailing list, and your sending practices. Judge performance mainly by clicks and conversions, since Apple Mail Privacy Protection inflates opens, and use what you learn to plan your next campaign.
Sometimes marketers put painstaking effort into conceptualizing an email campaign only to just move on to the next campaign after it is sent. However, does a marketer's role end right after sending the email campaign? The answer is an astounding "NO". Once your campaign is sent, you must assess its performance to understand the impact created by it.