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Close the Deal
Techniques and Technology That Will
    Increase Your Conversion Rates

                                  Adam Justis
                  Sr. Manager Product Marketing
                                 John Broady
              Executive Director, Omniture Digital
Agenda
    Start the Conversion Conversation – Adam Justis

    Putting it into Practice – John Broady
       • Case Studies
       • Call for Volunteers – an optimizing look at your
          landing pages / Web sites

    iMac Giveaway




2    © 2009 Omniture Inc
NUMERATOR
Manage conversions from both the   DENOMINATOR


3   © 2009 Omniture Inc
~ $23 billion* was spent on online search and display ads in 2008

    ~ $250 million** was spent on site optimization and site-side
         behavioral targeting in 2008



                       For every $80 spent online to acquire traffic,
                       $1 is spent to proactively convert this traffic!


                             Where is the                   ?

* eMarketer
** Forrester


4      © 2009 Omniture Inc
5   © 2009 Omniture Inc
The sites that should convert 2 to 3 percent of their traffic are the exception, not the rule.
   I've long stated that sites that convert less than 10 percent should be concerned.
                                                       Bryan Eisenberg, Co-Founder Future Now, Inc.




  6   © 2009 Omniture Inc
Top 10 Online Retailers – February 2009
     By Conversion Rate (%)




                               Source: Nielsen Online, MegaView Retail


7   © 2009 Omniture Inc
Hope is not a strategy

8   © 2009 Omniture Inc
Web sites have historically been monologues




        Today, customers demand relevant dialogues

9   © 2009 Omniture Inc
Omniture Online Marketing Suite


                              CMO DASHBOARDS
  Internet                                                          Enterprise

     Search                                                         CRM

                                             ONLINE      CHANNEL
                VISITOR
Ad Networks                                                         Kiosks
                            CONVERSION      ANALYTICS   ANALYTICS
              ACQUISITION
                               APPS           APPS        APPS
                 APPS
Ad Exchange                                                         Call Center


     Mobile                                                         POS

                     OPEN BUSINESS ANALYTICS PLATFORM
      Video                                                         Teller
                               Data Warehouse & APIs


                        ONLINE MARKETING SUITE
Testing and targeting
        enable dialogues in several ways:
           •        Sample your visitors to allow them to dictate
                         best content and page layout

                       •   Deliver different content to different
                                 segments of visitors

          •        Target content to individual customers based
                           on their individual behavior




12   © 2009 Omniture Inc
A Virtuous Cycle for Conversions


                              Deliver
                                                     Test to an
                             targeted
                                                     audience
                            experience




                                          Identify
                                         important
                                         segments



13    © 2009 Omniture Inc
Does it Work?


     “Although only about one-third of the market is
      currently testing… 79% of (these) companies have
      increased registrations per visit, 74% have improved
      customers’ satisfaction, and 68% have increased
      conversion rates.”




14     May 7, 2009
© 2009 Omniture Inc, Confidential & Proprietary
Putting it into Practice


                      John Broady
Executive Director, Omniture Digital
Decrease CPA & Increase Conversion Rates
                           Automate landing page optimization




      Keyword                   Ad Copy         Landing Page      CPA


        Keyword 1                Ad Copy 1       Landing Page 1   $30
                                                                  $50

        Keyword 2                Ad Copy 2       Landing Page 2   $65

        Keyword 3                Ad Copy 3       Landing Page 3   $95




16   © 2009 Omniture Inc
Integrate testing and measurement to reveal the most
   compelling and relevant content and executions




          Converting 30% less
          than general
          keywords landing
          page




          Goal: Increase “baby names” keywords landing page form completion

17   © 2009 Omniture Inc
C
                           B




                               E
                           D




18   © 2009 Omniture Inc
Results Summary
               ORIGINAL: CONTROL


                                   WINNER: B



                                                               TODAY


                                           Conversion
                                                        Lift   Confidence
                                           Rate




                              66% lift in conversion



19    © 2009 Omniture Inc
Shockwave.com

     • Casual games for moms & families
     • 15MM Unique Visitors/Month
     • Downloadable games with two revenue streams




          Goal: Increase subscription of premium service – Shockwave Unlimited

20     © 2009 Omniture Inc
Building Data – The Initial Test



     A                     B




C                          D




21   © 2009 Omniture Inc
Building on Wins with Segmentation


                                     M-box areas in the
                                     conversion funnel used
                                     for reinforcement




     Game/Genre
     segmentation was
     most effective


22   © 2009 Omniture Inc
Test & Target Results


• 10% increase in
  subscription conversion
• 150% + increase in
  annual subs
• 100% increase in
  subscription conversion
  from high traffic pages




23   © 2009 Omniture Inc
Geo-targeting for Demand Generation

                                                            • Over 20 events
                                                              nationwide

                                                            • Web site accounts for
                                                              60% of ticket sales and
                                                              virtually all of the business
                                                              leads for higher end
                                                              events

                                                            • Only 10% of online
                                                              visitors from a particular
                                                              local market ever made it
                                                              to the Live Events pages



                           Goal: Increase local demand of Live Events

24   © 2009 Omniture Inc
Geo-targeting for Demand Generation




                           • Geo-targeting of local Live
                             Events

                           • Modify the subsequent Web
                             pages and checkout process

                           • 400% ROI in 60 days


25   © 2009 Omniture Inc
Call for Volunteers?


                      John Broady
Executive Director, Omniture Digital
Takeaways


                                                                    Improve
                                Stop Guessing –
  NUMERATOR                                                       Relevance to
 DENOMINATOR                    Create a Dialogue                   Increase
                                                                  Conversions




     “Testing, and learning from testing, should become central to any
     organization‟s decision making…It‟s time to replace „I‟ll bet‟ with „I know.‟”
                           -Thomas Davenport, Harvard Business Review, February 2009


27   © 2009 Omniture Inc
Attributions
• Photos:
   • Rusty bucket:
     http://www.flickr.com/photos/playingwithpsp/2312939343/
   • Shoe Store: http://www.flickr.com/photos/cambalache/2352814719/
   • Gutter: http://www.flickr.com/photos/evergreenkamal/2387590051/
   • Fingers crossed:
     http://www.flickr.com/photos/spacecase/3410708170/
   • Tin can phone:
     http://www.flickr.com/photos/38324365@N00/3086381646/

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Increase Conversion Rates with Targeted Testing

  • 1. Close the Deal Techniques and Technology That Will Increase Your Conversion Rates Adam Justis Sr. Manager Product Marketing John Broady Executive Director, Omniture Digital
  • 2. Agenda Start the Conversion Conversation – Adam Justis Putting it into Practice – John Broady • Case Studies • Call for Volunteers – an optimizing look at your landing pages / Web sites iMac Giveaway 2 © 2009 Omniture Inc
  • 3. NUMERATOR Manage conversions from both the DENOMINATOR 3 © 2009 Omniture Inc
  • 4. ~ $23 billion* was spent on online search and display ads in 2008 ~ $250 million** was spent on site optimization and site-side behavioral targeting in 2008 For every $80 spent online to acquire traffic, $1 is spent to proactively convert this traffic! Where is the ? * eMarketer ** Forrester 4 © 2009 Omniture Inc
  • 5. 5 © 2009 Omniture Inc
  • 6. The sites that should convert 2 to 3 percent of their traffic are the exception, not the rule. I've long stated that sites that convert less than 10 percent should be concerned. Bryan Eisenberg, Co-Founder Future Now, Inc. 6 © 2009 Omniture Inc
  • 7. Top 10 Online Retailers – February 2009 By Conversion Rate (%) Source: Nielsen Online, MegaView Retail 7 © 2009 Omniture Inc
  • 8. Hope is not a strategy 8 © 2009 Omniture Inc
  • 9. Web sites have historically been monologues Today, customers demand relevant dialogues 9 © 2009 Omniture Inc
  • 10. Omniture Online Marketing Suite CMO DASHBOARDS Internet Enterprise Search CRM ONLINE CHANNEL VISITOR Ad Networks Kiosks CONVERSION ANALYTICS ANALYTICS ACQUISITION APPS APPS APPS APPS Ad Exchange Call Center Mobile POS OPEN BUSINESS ANALYTICS PLATFORM Video Teller Data Warehouse & APIs ONLINE MARKETING SUITE
  • 11.
  • 12. Testing and targeting enable dialogues in several ways: • Sample your visitors to allow them to dictate best content and page layout • Deliver different content to different segments of visitors • Target content to individual customers based on their individual behavior 12 © 2009 Omniture Inc
  • 13. A Virtuous Cycle for Conversions Deliver Test to an targeted audience experience Identify important segments 13 © 2009 Omniture Inc
  • 14. Does it Work? “Although only about one-third of the market is currently testing… 79% of (these) companies have increased registrations per visit, 74% have improved customers’ satisfaction, and 68% have increased conversion rates.” 14 May 7, 2009 © 2009 Omniture Inc, Confidential & Proprietary
  • 15. Putting it into Practice John Broady Executive Director, Omniture Digital
  • 16. Decrease CPA & Increase Conversion Rates Automate landing page optimization Keyword Ad Copy Landing Page CPA Keyword 1 Ad Copy 1 Landing Page 1 $30 $50 Keyword 2 Ad Copy 2 Landing Page 2 $65 Keyword 3 Ad Copy 3 Landing Page 3 $95 16 © 2009 Omniture Inc
  • 17. Integrate testing and measurement to reveal the most compelling and relevant content and executions Converting 30% less than general keywords landing page Goal: Increase “baby names” keywords landing page form completion 17 © 2009 Omniture Inc
  • 18. C B E D 18 © 2009 Omniture Inc
  • 19. Results Summary ORIGINAL: CONTROL WINNER: B TODAY Conversion Lift Confidence Rate 66% lift in conversion 19 © 2009 Omniture Inc
  • 20. Shockwave.com • Casual games for moms & families • 15MM Unique Visitors/Month • Downloadable games with two revenue streams Goal: Increase subscription of premium service – Shockwave Unlimited 20 © 2009 Omniture Inc
  • 21. Building Data – The Initial Test A B C D 21 © 2009 Omniture Inc
  • 22. Building on Wins with Segmentation M-box areas in the conversion funnel used for reinforcement Game/Genre segmentation was most effective 22 © 2009 Omniture Inc
  • 23. Test & Target Results • 10% increase in subscription conversion • 150% + increase in annual subs • 100% increase in subscription conversion from high traffic pages 23 © 2009 Omniture Inc
  • 24. Geo-targeting for Demand Generation • Over 20 events nationwide • Web site accounts for 60% of ticket sales and virtually all of the business leads for higher end events • Only 10% of online visitors from a particular local market ever made it to the Live Events pages Goal: Increase local demand of Live Events 24 © 2009 Omniture Inc
  • 25. Geo-targeting for Demand Generation • Geo-targeting of local Live Events • Modify the subsequent Web pages and checkout process • 400% ROI in 60 days 25 © 2009 Omniture Inc
  • 26. Call for Volunteers? John Broady Executive Director, Omniture Digital
  • 27. Takeaways Improve Stop Guessing – NUMERATOR Relevance to DENOMINATOR Create a Dialogue Increase Conversions “Testing, and learning from testing, should become central to any organization‟s decision making…It‟s time to replace „I‟ll bet‟ with „I know.‟” -Thomas Davenport, Harvard Business Review, February 2009 27 © 2009 Omniture Inc
  • 28. Attributions • Photos: • Rusty bucket: http://www.flickr.com/photos/playingwithpsp/2312939343/ • Shoe Store: http://www.flickr.com/photos/cambalache/2352814719/ • Gutter: http://www.flickr.com/photos/evergreenkamal/2387590051/ • Fingers crossed: http://www.flickr.com/photos/spacecase/3410708170/ • Tin can phone: http://www.flickr.com/photos/38324365@N00/3086381646/