Archive for the 'conversion rate optimization' Category

CRO and Keyword Advertising

Keyword advertising costs money.

Now that we’ve stated the obvious, let’s look at another simple statement of truth. Keyword advertising offers one of the most cost effective and flexible mediums to advertise your business.

The second ‘truth’ depends greatly on your commitment to finding how best to convert ad clickers, into customers. The smartest businesses focus on conversion rates. It’s smart business, because it gleans the greatest return on your advertising investment.

Keywords and the Diverse Internet Audience

Because the internet involves such a diverse group of users, one size will not fit all. Good keyword advertisers internalize this concept when writing ad copy. The words you use, affect the types of users you attract.

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Many internet users search before buying. This group searches using more general keywords—they seek information to make a final decision.  Other users want to commit to a purchase. These users tend to search using specific product names or brands. Professional internet marketers know that each group requires its own ad text.

Include Keywords in Multivariate Testing

When implementing CRO, remember your groups, and their varying motivations. Landing pages consume a great deal of the conversion conversation. Multivariate testing often relies on testing variations of landing pages, but not variations in keyword text.

Your ad text may compel one market segment at the initial click, while your landing page compels clicks from a different segment. You then begin the ‘black box’ task of reworking your landing page. Changes in your ad text, may be the key to unleashing an already effective landing page. Using this approach saves work, and has the potential to reveal valuable market segments.

SEO and CRO: The Long and Short of It

landingrhtcolpromoIf your small business maintains a website, you’ve most likely considered, talked about or implemented some type of SEO strategy. The belief being, that if you can attract traffic, you will by default attract customers or registrants. This may be the case to a small degree, but doesn’t accurately represent how things usually work.

Your site does need to attract visitors, but it also needs to drive those visitors to some goal. Establishing that goal, and subsequently compelling the user to satisfy that goal, means just as much to your business. Internet gurus label this concept conversion. Though the concept remains the same for all websites, the specific outcome— the actual goal, may vary. Your desire may be to register users, request a sales call or make a purchase. In any case, the final outcome provides some benefit to your business.

SEO and CRO work in concert to benefit your business.

SEO and CRO work in concert to benefit your business.

Just like SEO, where we optimize our sites so they will be found during user searches, we need to optimize websites so that they convert as many visitors to successful visits as possible. This concept is known as Conversion Rate Optimization. Many experts agree, including most major online retailers, that conversion rate should be considered just as important as SEO. Jamila White, owner of E-Commerce Diva said about conversion, “So many small biz owners don’t know that is THE most important metric.” The two concepts do not contradict, actually one complements the other. They do need to be approached with a different perspective.

SEO the Long Term Strategy

Irrespective of many claims by some SEO consultants, results from SEO take time. That’s because SEO is organic in nature. You should commit yourself to at least a six month effort before expecting consistent benefits. During that six month time span, you’ll need to work and rework your strategy to stay ahead of the pack. In short, SEO strategies are long term strategies.

CRO

CRO focuses more on the present. In short, it focuses on how well we compel the current site visitors, to accomplish a desired result upon visiting.  CRO has a more immediate effect. Conversion rate matters, whether you receive 100 visits per day, or 1000 visits per day. Conversion rate impacts your website efficacy more than SEO.

You can receive 100 visits per day, but convert twenty visitors into customers. This would have more impact than receiving 1000 visits per day, and then only converting ten visitors into customers. Again, we can stress the immediate focus of CRO, no matter the number of visitors, we need to convert as many as possible.

SEO and CRO a Combined Approach

SEO and CRO should not be considered competitive concepts. As website owners we should combine the two practices, knowing that our strategy will have short as well as long term business impact. It should also be noted that  CRO will benefit your SEO efforts.  CRO helps to better identify successful market segments, thus enhancing your ongoing SEO practices.

When converting customers, you will hopefully have analytics giving you customer data. Knowing what regions, pages or search terms used to find your site will elucidate more about the segments that find your product, service or information attractive. If this market doesn’t match your present SEO focus, now you know how to adjust, or better focus your current strategy.

SEO and CRO: Continual Efforts

Both CRO and SEO require continual modification. Consistent testing of landing pages and conversion paths– your CRO efforts, will greatly benefit your long term SEO. Let’s look at an example.

CRO can be affected by numerous factors. If a CNBC guest makes recommendations about what to look for in certain financial products, or throws out a new term, this could alter what financial products customers seek. Sudden drops or increases in conversions, could be the first clue to  a change in your visitor’s needs. Knowing this, allows you to also adjust your SEO strategy to be in place when that CNBC audience turns to the internet to find the company who will sell that product.

Online Top 10 Retailers: What We Can Learn

analyticsrhtcolpromoTake a look at the Top 10 Online Retailers for December. You can find the info at Marketing Charts.com. First thing to notice— the list relies on conversion statistics not total sales. That measure of success, reiterates the importance of conversion rate optimization (CRO).

Also notice the conversion percentages  ranging from 19 to 31%.  That’s pretty good, especially when research from Fireclick tells us the average conversion rate hovers between 2 and 3%.  Imagine the impact of a 10% conversion rate increase for your small business’s revenue.

Since imitation is the sincerest form of flattery, let’s look at some things you can replicate in your site, that may help increase your conversion rate.

Keyword Ads Link to Product Pages

The right keyword text, linking to the right landing page. When the user clicks on keyword text that says ‘luxurious lingerie’ , they don’t land in the soap section of victoriassecret.com. They don’t land at the home page either. If the visitor searches for potatoes, they want potatoes.

Graphics Heavy Home Pages

All the big winners had very graphic intensive home pages. The text explained large graphics highlighting featured products.  Outside of that, very little text. Its all about the visual and pushing product. Be assured that the featured items are most likely proven sellers.

Unique Page Titles

Every page has a unique title.  Product pages were titled with their respective product names. They do this because page title holds a high priorty in page rankings. Make sure your ecommerce application allows you to use product names as page titles. 

Alt tags for Every Image

All images posses ‘alt’ text. Another SEO strategy,  alt text influences search engine page ranking.

Products to the Left, Checkout to the Right

All the product pages held true to form– product image on the left, description, size charts, colors and checkout on the right. Visitor attention tends to gravitate towards the visual first. Marketing research suggests that users have a harder time moving from right to left, than left to right. Looks like our top ten retailers saw the same study.

The Conversion Lynch Pin: Understanding Search Habits

All these retailers understand the search habits of online buyers.  They search based upon specifics, not generalities. A web buyer looking for shoes, generally will search for a specific shoe type– ‘xj7 running shoe’, ‘rockport men’s dress shoes’. Knowing this, its better to focus your ecommerce SEO efforts on your product and category pages, not just the home page.

Ramping Up
You’ve got almost a full year until the next Christmas shopping season. Start implementing changes now. Starting now gives you the opportunity to test what works best. It also allows you to evaluate your ecommerce application. Make sure it automates things like page titles and alt tags. If not, check the upgrades or another vendor.

By the time the heavy shopping traffic begins, you’ll be in prime position to convert visitors into revenue.

5 Reasons You Will Use Hiconversion in 2009

landingrhtcolpromoTake note of the term Conversion Rate Optimization (CRO). During the down economy, CRO will justify itself more than any other online marketing strategy. The reason being, CRO proves what online marketing strategies produce revenue.

Thinning budgets demand improved ROI. Quite simply, businesses can’t afford to waste resources. Money will not be spent without strong justification. CRO provides the best means to test, measure and justify online marketing strategies.

CRO has been slow to take hold. Mainly due to a lack of affordable choices, and reliable expertise. Until recently choices have been limited to free applications— such as Google’s Website Optimizer, or investing in high end enterprise applications costing thousands.

Zee Agonovic, the CEO of Hiconversion, a CRO software development company, sees CRO taking center stage very quickly.

Online marketers are putting the cart before the horse,” he stated in our recent conversation., “All the money and effort is spent on generating web traffic and very little, if anything, is done about visitor conversion”. It doesn’t matter how many users visit your page, if they never take the next step.

After having the opportunity to see Hiconversion’s tool first hand, here’s five reasons you’ll be using Hiconversion in 2009.

1. Improves Online Marketing ROI

With Hiconversion, you get the CRO benefits, at a much lower cost, with less complexity and a higher level of reliability than any other tool on the market.

2. Works with Low traffic volumes

Hiconversion’s patented algorithms don’t require large volumes of traffic. If your site generates 100 hits per day, you can get reliable data, and improve conversion rates.

3. Easy Setup

Hiconversion utilizes a service based model, like Google’s Weboptimizer. There are no installs— you create an account online and begin testing. Creating multivariate tests has been reduced to simple point and click functionality.  The tool provides the ability to create an unlimited number of test pages, for as many pages as you want.  The tool gives you the capability to test unlimited page element combinations via a graphical interface. You can test entire conversion paths, almost eliminating the need for more complicated analytics reports.

4. Quick Results

With low site volume, 100 clicks per day, you can get reliable results within weeks. With 1000 clicks per day or higher, you get reliable data within days. Many users of the tool start seeing improved conversion rates before they even complete their testing periods. Hiconversion also comes with a complete set of out-of-the-box reports, including real-time and projected ROI analysis.

5. Fits Your Budget

At $99  per month, you can’t find a better way to invest your money. You can get turnkey CRO services  starting at just $995 per project, with a 10% CR increase guarantee.

10 Tips to Improve eCommerce Sales

analyticsrhtcolpromoThe holiday buying season has come and gone. Now its back to the day-to-day grind in terms of sales. What little money many consumers had, has been spent. So now we need to really focus on converting visitors to buyers.

Once you implement your marketing strategy, its time to find ways to close the deal. Internet retailing relies heavily on your technical infrastructure and store design. I’ve formulated ten tips gathered from advice by the biggest players in the eCommerce space. Read now, and you’ll find a bonus tip:

1. Identify Your Top Searches

Plain and simple, you will need to be customer focused to be successful. Knowing what customers want, makes you better able to serve them.  Perform test searches. You want to make sure visitors find what they want– and you provide. For obvious reasons, note searches for items you don’t sell.

2. Find Customer Exit Points

Outside of your sales confirmation page, you want to know where customers most often leave your site. If they leave at your product pages, it might be time for a redesign. If they leave during the checkout process, look at ways to simplify your checkout process.

3. Test Site Performance

Online shoppers don’t like to wait. If they did, they would shop at a physical store. Test how well your site functions at peak times.  Test user flows to analyze your purchasing paths.  Be particularly aware of any errors that occur. Test during low traffic periods as well. If performance problems still exist, this might be an indicator of a software or hardware problem. Compare your site metrics with these indice from ECommerce Times, to see how your site measures up to competitors.

4. Monitor Usability

Usability may be a reason for some of the exit points you found in tip #2.  Navigation should be a key area of focus, especially for sites with large offerings. If users get lost, or can’t find what they’re looking for, statistics tell us they’ll find another retailer. 

You also want to test your usability in various browsers and browser versions. With the introduction of Chrome, there’s a new landscape to traverse in terms of compatibility.

5. Optimize Product Pages

Test various layouts of your product pages.  Try different copy to determine what drives sales best. If you’re serious about increasing revenue, implement a multivariate testing strategy.

6. Find Customer Tendencies

Again, we’re back looking at customer focus. How customers navigate your site says a great deal about their needs. For example, if visitors tend to visit certain products in groups, you’ve got a hint on what to include in your cross-sells items list.

7. Make Your Most Popular Products Easy To Find

Sounds like common sense– and it is. Yet, many shopping sites don’t do this simple thing. If you sell shoes, make sure each subcategory page displays at least your top seller on that page. If you can display your top three, you’re in even better position to sell.

8. Simplify Checkout

As internet retailers, we have to accept cart abandonment. The idea will be to reduce it. Make sure your checkout process doesn’t confuse visitors. Add a step-by-step navigation bar at the top of the cart, indicating what steps still need to be completed. Consolidate steps where possible. Make sure you provide simple easy to understand instructions to facilitate checkout.  Don’t forget to make the ‘help’ or ‘faq’ button highly visible.

9. Address Shipping Charges Sooner Not Later

No one likes surprises on their bill. Provide shoppers with some expectations about shipping costs prior to checkout. 

10. Review Your Customer Service Plan

Recent surveys indicate that customer satisfaction with online shopping has dropped. The causes of this increased dissatisfaction have yet to be thoroughly identified. Be assured customer service will be some where on the list. Asses how well you handle customer inquiries and returns

Test and Retest      

Develop a conversion rate optimization (CRO) strategy. Testing various page layouts, copy and combinations of both, can greatly enhance you sales success. CRO should be just as important as SEO to your internet sales plan.               

Jeff Prus, senior director of user experience at VistaPrint recently stated at the Internet Retailer Conference 09, “VistaPrint regards ongoing site optimization as a revenue-generating function, one that generates millions of dollars per year in proven business value,” . CRO maximizes your SEO benefits. In these economic times every dollar counts.