Spam placement gives you almost no signal. The campaign goes out clean, nothing errors, and the only symptom is that opens come in lower than usual. The natural conclusion is that the subject line underperformed. Sometimes the truth is that the email never reached anyone at all, and you spend the next campaign fixing the wrong thing.
Email deliverability is whether your sent emails actually arrive in inboxes rather than spam folders. When email goes to spam, it's usually for one of three reasons:
An email in spam can't be opened or clicked. And it compounds: subscribers who never see your emails eventually stop counting as an engaged audience at all. Protecting inbox placement protects the value of the list you've built, which is why the next three things run on every plan by default.