I'll add this as well, several companies have built products just to allow people to do email tracking in Gmail (boomerang, signals, streak, banana tag). So yes it does work
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Is it a bad thing to have your open and clicks "tracked" by an email marketer?
Yes and No.
It depends who the marketer is. If it's a spammer, then the answer is no, it's not good.
However, if it's a company you signed up for their email list, then you want tracking. You want them to send you advert's that you are actually interested in. You want them to not waste you time (and inbox space) with advert's that you will never be interested in. You also want them to send you engaging, funny, provocative emails that don't annoy you.
These things can only happen if the marketer knows what people are clicking on and what type of content is the most engaging.