Two ideas, clicking links, and statistical fudgery.
Clickthroughs
I would like to add that you can mark emails as read by a user clicking a "view this email online" or by tracking click-throughs. If a user clicks on any <a>
tag in your email, send it to a script first that logs the email as read and marks which link they clicked on. This will give you can get a more accurate number.
Stats
I wonder if there is any research into how many users don't show images. That way you could 'statistically' correct for the lower open counts. Just did a bit of reading and found:
A 2009 report from Merkle states that only 48% of email recipients see
images automatically. This means that if an email campaign relies
heavily on images, it’s probably not being read by over half of its
intended recipients. Source
The same site says:
In the latest MarketingSherpa Email Marketing Benchmark Report (2010), a survey of email recipients found that only 33% have images turned on by default.
Somewhere in between there could be a useful figure (35-40%) of users not displaying images in emails. That doesn't necessarily say that those users are opening the emails. Just that auto-displaying images isn't enabled.
If anyone can come up with some more facts/stats, we could potentially get a correction factor. Just with this information I don't think you can do much other than marketing smoke-and-mirrors. For example, 30% opened the emails. Based on 35% of users not displaying images, that means ~9% of users didn't display images, but explicitly chose to turn them on for this email (not really, but just go with it). Let's say that leaves 26% to unaccounted for. You could "correct" your 30% to 56%! All with the magic of bogus stats and a touch of marketing.