Requires Soapbox Mailer v1.3 or greater
Soapbox Mailer allows you to merge the Campaign Member ID field (CampaignMember.Id in Salesforce terms) into both the body of an HTML version of an email and in the Destination URL of an Email Link. To use a Campaign Member ID in either of these two situations, simply use the following merge field for inserting the Salesforce CampaignMember.Id field:
{!CampaignMember.Id}