SlideShare ist ein Scribd-Unternehmen logo
1 von 47
Conversion Rate Optimisation
Simon Melaniphy
MD, Refreshed Media
Why Invest 30 Minutes Today?
“Improve your website’s sales or enquiries without
attracting any more visitors”
1. 60 seconds on my credentials
2. What is a Conversion & Conversion Rate Optimisation (CRO)?
3. How to research and analyse website activity.
4. Testing ideas on your website.
5. Case studies (including one who increased enquiries 3 fold!)
6. Action points.
About Me & Refreshed Media
Founding Director in 2003
Hands on digital marketing consultancy, web design, SEO, PPC
Today Refreshed is a full service digital specialist
• Multi-award winning
• Part of the £25m Emerge Group
Focused on traffic generation and lead & sales conversion
• Google Adwords Certified Partner
• Test and measure to improve your website conversion rate
• Google Analytics qualified consultancy
We’ve worked with clients from…We’ve worked with clients from…
Website Conversion Definition
“A desired action taken by a website visitor”
Types of conversion?
•E-commerce sale
•Completed enquiry form
•Newsletter signup
•Software download
•Membership signup
•Free trial signup
What Is A Conversion Rate?
Goal achievements
________________________ x 100
Website visitors
e.g. 200 conversions
_______________ = 2% conversion rate
10,000 visitors
Return On Investment
Example, if a conversion = a sale @ £100 & PPC average CPC of 50p
Monthly Investment Visits Conversions Conv. Rate Revenue
Search Engine Marketing £15,000 30,000 450 1.50% £45,000
Option 1 = Increase SEM Investment (£2k):
Monthly Investment Visits Conversions Conv. Rate Revenue
Search Engine Marketing £17,000 34,000 510 1.50% £51,000
Option 2 = Invest in CRO
Monthly Investment Visits Conversions Conv. Rate Revenue
Search Engine Marketing £15,000 30000 750 2.50% £75,000
Conversion Rate Optimisation £2,000
What Conversion Rate Should I Expect?
•Varies significantly
•E-commerce sales = 0.5% to 8%
•B2C typically 1% to 2%, best in class = 5%
•Retail financial services typically 1% to 2%
•Free subscriptions to paid subscribers = 1% to 7%
Stats courtesy of Fireclick.com
•What do you NEED it to be to generate a positive ROI?
•Who is aware of their conversion rate?
•Who thinks it could improve?
Conversion Rate Optimisation
“39% of companies are
dissatisfied with their
website conversion rate”
Econsultancy, 2010
What is CRO?
e process of measuring, understanding and adapting your website in
der to better suit visitor needs and in order to achieve website objectives.
Visits
CRO: Analysis,
Measurement, Testing
More
conversions /
sales / leads
CRO Process
Research & Analysis
Google Analytics
Free, well featured, supported
Get the measurement culture!
• Where is your traffic coming from?
• What traffic is productive?
• What is happening on your website?
Google Analytics – Tracking Goals
•All forms
•E-commerce
•Track basket values and product names
•‘Soft’ goals
•Positive user experience but no £ or data capture
•Particularly if low converting site to get more data
•e.g. free brochure downloads & key button clicks
Google Analytics – Tracking Goals
•Funnels
•Monitor visitor activity from point A to point B
•E.g. Through the checkout process or even for 1-stage forms
•Useful for:
•Reducing redundant steps people take towards the goal
•Finding the exit points in the site
•Identifying if not enough info on a
page so user has to click elsewhere
•Testing alternate page versions
GA – Segmentation
“Almost all data in aggregate is useless” - Avinash Kaushik
•GA much more valuable analysing in segments
•E.g. find most popular pages for a particular group, e.g.
converting visitors
•Easy to implement – top right on GA reports
•Create your own segments
•e.g. visits with an average order value of greater than £80
GA – Custom Variables
Define additional segments to apply to visitors
•E.g. Taylor Wimpey Introduced new incentive pages & drove traffic
•Would these affect the conversion rate?
•Custom Variables put these visitors into their own segment
•YES
•30% more likely to enquire
•40% more likely to download
a brochure
GA – Other Analysis
Every time you
implement something
new on your site, ask
how the effectiveness
can be measured
Tracking the Whole Click Journey
Click Date / Time Source
1 06/04/2010 – 18:32 Email Campaign
2 07/04/2010 – 18:48 Google Adwords – “new homes Winchester”
3 08/04/2010 – 19:20 Banner advertisement
4 10/04/2010 – 12:02 Google.co.uk (organic) – “Taylor Wimpey”
5 11/04/2010 – 13:31 Direct
Enquiry submitted on the 5th
visit – 5 days and 5 clicks after the original visit
But which traffic source is responsible for generating the conversion?
• First Click?
• Last Click?
Average clicks before conversion = 3.3
Example for house builder Taylor Wimpey
Multi-touch conversion attribution
Understand more about your visitors:
• How many clicks on average does it take for a visitor to convert?
• How long from first visit, does it take for a visitor to convert?
• What time of day / week / month / year are first click conversion journeys starting?
• When do I need to appear for research keywords (e.g. “new homes”)?
• When do I need to appear for transactional keywords?
• When really is the best time of day / week / month to send an email?
• How do first click visits differ from last click visits on the site?
Heatmaps
Scroll Analysis
Are visitors reaching the bottom of your pages?
Usability Testing – Your Site
• Understanding the WHY behind the WHAT
• Select users from your target market:
• Focus Groups
• 1-2-1 User Experience Test
• Set specific tasks – listen and interpret
Usability Testing – The Market
• Ask users to execute the same
tasks on key competitor sites
• Ask users to perform searches for
your products and services
• 5-6 users can uncover 85% of
usability issues
Ideas & Solutions
Solutions Priorities
Create a list of conversion improvement ideas, and priorities in order of
importance:
Issue Solution Priority How Measured
Visitor dropping off from stage 4 of
the conversion process.
Reduce the size of the form High % form
abandonment / %
stage completion
Low conversion rate for Product X Change the position of the
call-to-action
Medium Goal conversion rate /
% of visitors who click
through to form
Home page top image taking up
too much real estate
Reduce image depth and
promote search function
above the fold
Medium Bounce rate / pages
per visit / time on
site / conversion rate
Logo does not link to the home
page
Insert link Low Bounce rate / exit rate
Prepare for testing
• Pages will typically need 5,000 unique
visitors in order to have a large enough
sample.
• Test one solution at a time!
• Ease of implementation may dictate which
tests are conducted first
Testing
Conversion Rate Optimisation– Split Testing
• One of these designs gained 25% more conversions that the other – which was it??
Split A/B Testing
V
Serving up 2 or more different versions of a page live.
Multivariate Testing
Dividing the page into sections, and testing alternatives within those sections.
Different sized
images
Different designs
and wording for
calls to action
Different designs
and wording for
calls to action
CRO: Multivariate Testing
• 9 different versions of this page section...
• A massive 300% difference in conversion results
3 different colour tab
versions
3 different text versions
= 9 different page
versions
Case Study: Natural Training
Version 2 = 60% more likely to click, 40% more likely to convert!
• Through GA & user tests identified page which converting visitors usually visited
•Struggled to find call to action
•Tested positioning, designs and language
Case Study: National Express
The winning version increase conversion rates by 14%!
Testing Principles
• A test is only as good as the analysis & research
• Don’t just test the design of calls-to-action if they are not going to make a big
impact to site performance.
• Give the test a chance to reach a conclusion
• Don’t be disheartened if tests are inconclusive:
• Go back and find out why (more analysis, more user tests)
• Don’t be disheartened if the originals outperform the alternatives / solutions
• Better to analyse, test and measure than to not bother.
Content Strategy
Content Strategy
“In 2011, content strategy will cause a
bigger buzz than social media.”
opening speaker at this year's Content Strategy Forum in Paris
Content Strategy
• Think about how you engage your website visitor:
– Video
• product reviews / demonstrations
• Distribute via YouTube and other video sites
– Animations
• Explain difficult concepts
– Client testimonials (text / video)
– Personalise or segment content
– User generated content
• Forums
• Reviews
– Expert Content
• Blog
• Articles (distribution)
Content Strategy
– Social Media
• Twitter, LinkedIn or Facebook to:
– Drive content
– Stimulate conversation
– Engagement can enhance conversion rate
Review & Implementation
Implementing winning variations
• Continue to monitor the success of the implementation
• Report back to other stakeholders
• Timestamp / Annotate the implementation
• Useful when reviewing in future or for other staff
It’s a cycle!
• Whilst implementing the first test, start thinking about the next test
• Continually add to the solutions list
Action Points
What Next? Objectives
• Set Objectives:
• Increase conversion rate
from 1.5% to 2.5% within 1
year
• Implement at least 4 tests
within the next year
What Next? Strategy
Conversion Checklist:
Research / Analysis Done? Testing Done?
Setup / Configure Google Analytics Decide on split or mutlivariate test
Implement Heatmaps / Scrollmaps Implement heatmaps on variations
Usability Tests Ensure variations can be tracked in GA
Brainstorm ideas with sales team Take screenshots of variations
Ideas & Solutions Done? Review Done?
Create list of issues / problems Analyse the results
Brainstorm how to overcome them Implement the winner
Prioritise the actions / tests Annotate Google Analytics
Agree how to monitor tests Start next test process
What Next? Accountability
Give someone in the
organisation
responsibility for
managing the website’s
conversion rate
Any Questions?
simon@refreshedmedia.com
01202 414101
www.refreshedmedia.com
Download a copy from slideshare.net/refreshedmedia

Weitere ähnliche Inhalte

Kürzlich hochgeladen

MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?Olivia Kresic
 
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...ictsugar
 
Organizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessOrganizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessSeta Wicaksana
 
TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024Adnet Communications
 
PSCC - Capability Statement Presentation
PSCC - Capability Statement PresentationPSCC - Capability Statement Presentation
PSCC - Capability Statement PresentationAnamaria Contreras
 
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCRashishs7044
 
Market Sizes Sample Report - 2024 Edition
Market Sizes Sample Report - 2024 EditionMarket Sizes Sample Report - 2024 Edition
Market Sizes Sample Report - 2024 EditionMintel Group
 
Darshan Hiranandani [News About Next CEO].pdf
Darshan Hiranandani [News About Next CEO].pdfDarshan Hiranandani [News About Next CEO].pdf
Darshan Hiranandani [News About Next CEO].pdfShashank Mehta
 
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptxThe-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptxmbikashkanyari
 
Financial-Statement-Analysis-of-Coca-cola-Company.pptx
Financial-Statement-Analysis-of-Coca-cola-Company.pptxFinancial-Statement-Analysis-of-Coca-cola-Company.pptx
Financial-Statement-Analysis-of-Coca-cola-Company.pptxsaniyaimamuddin
 
Digital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdfDigital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdfJos Voskuil
 
Kenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby AfricaKenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby Africaictsugar
 
8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCRashishs7044
 
Innovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfInnovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfrichard876048
 
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607dollysharma2066
 
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607dollysharma2066
 
Memorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMMemorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMVoces Mineras
 
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCRashishs7044
 

Kürzlich hochgeladen (20)

MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?
 
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...
 
Organizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessOrganizational Structure Running A Successful Business
Organizational Structure Running A Successful Business
 
TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024TriStar Gold Corporate Presentation - April 2024
TriStar Gold Corporate Presentation - April 2024
 
No-1 Call Girls In Goa 93193 VIP 73153 Escort service In North Goa Panaji, Ca...
No-1 Call Girls In Goa 93193 VIP 73153 Escort service In North Goa Panaji, Ca...No-1 Call Girls In Goa 93193 VIP 73153 Escort service In North Goa Panaji, Ca...
No-1 Call Girls In Goa 93193 VIP 73153 Escort service In North Goa Panaji, Ca...
 
PSCC - Capability Statement Presentation
PSCC - Capability Statement PresentationPSCC - Capability Statement Presentation
PSCC - Capability Statement Presentation
 
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
8447779800, Low rate Call girls in Shivaji Enclave Delhi NCR
 
Market Sizes Sample Report - 2024 Edition
Market Sizes Sample Report - 2024 EditionMarket Sizes Sample Report - 2024 Edition
Market Sizes Sample Report - 2024 Edition
 
Darshan Hiranandani [News About Next CEO].pdf
Darshan Hiranandani [News About Next CEO].pdfDarshan Hiranandani [News About Next CEO].pdf
Darshan Hiranandani [News About Next CEO].pdf
 
Enjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCR
Enjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCREnjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCR
Enjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCR
 
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptxThe-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
 
Financial-Statement-Analysis-of-Coca-cola-Company.pptx
Financial-Statement-Analysis-of-Coca-cola-Company.pptxFinancial-Statement-Analysis-of-Coca-cola-Company.pptx
Financial-Statement-Analysis-of-Coca-cola-Company.pptx
 
Digital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdfDigital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdf
 
Kenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby AfricaKenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby Africa
 
8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR
 
Innovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfInnovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdf
 
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
(Best) ENJOY Call Girls in Faridabad Ex | 8377087607
 
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607FULL ENJOY Call girls in Paharganj Delhi | 8377087607
FULL ENJOY Call girls in Paharganj Delhi | 8377087607
 
Memorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMMemorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQM
 
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
 

Empfohlen

Everything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPTEverything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPTExpeed Software
 
Product Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage EngineeringsProduct Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage EngineeringsPixeldarts
 
How Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthHow Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthThinkNow
 
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfAI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfmarketingartwork
 
PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024Neil Kimberley
 
Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)contently
 
How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024Albert Qian
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsKurio // The Social Media Age(ncy)
 
Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Search Engine Journal
 
5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summarySpeakerHub
 
ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd Clark Boyd
 
Getting into the tech field. what next
Getting into the tech field. what next Getting into the tech field. what next
Getting into the tech field. what next Tessa Mero
 
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentGoogle's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentLily Ray
 
Time Management & Productivity - Best Practices
Time Management & Productivity -  Best PracticesTime Management & Productivity -  Best Practices
Time Management & Productivity - Best PracticesVit Horky
 
The six step guide to practical project management
The six step guide to practical project managementThe six step guide to practical project management
The six step guide to practical project managementMindGenius
 
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...RachelPearson36
 
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...Applitools
 

Empfohlen (20)

Everything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPTEverything You Need To Know About ChatGPT
Everything You Need To Know About ChatGPT
 
Product Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage EngineeringsProduct Design Trends in 2024 | Teenage Engineerings
Product Design Trends in 2024 | Teenage Engineerings
 
How Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental HealthHow Race, Age and Gender Shape Attitudes Towards Mental Health
How Race, Age and Gender Shape Attitudes Towards Mental Health
 
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdfAI Trends in Creative Operations 2024 by Artwork Flow.pdf
AI Trends in Creative Operations 2024 by Artwork Flow.pdf
 
Skeleton Culture Code
Skeleton Culture CodeSkeleton Culture Code
Skeleton Culture Code
 
PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024PEPSICO Presentation to CAGNY Conference Feb 2024
PEPSICO Presentation to CAGNY Conference Feb 2024
 
Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)Content Methodology: A Best Practices Report (Webinar)
Content Methodology: A Best Practices Report (Webinar)
 
How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024How to Prepare For a Successful Job Search for 2024
How to Prepare For a Successful Job Search for 2024
 
Social Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie InsightsSocial Media Marketing Trends 2024 // The Global Indie Insights
Social Media Marketing Trends 2024 // The Global Indie Insights
 
Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024Trends In Paid Search: Navigating The Digital Landscape In 2024
Trends In Paid Search: Navigating The Digital Landscape In 2024
 
5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary5 Public speaking tips from TED - Visualized summary
5 Public speaking tips from TED - Visualized summary
 
ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd ChatGPT and the Future of Work - Clark Boyd
ChatGPT and the Future of Work - Clark Boyd
 
Getting into the tech field. what next
Getting into the tech field. what next Getting into the tech field. what next
Getting into the tech field. what next
 
Google's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search IntentGoogle's Just Not That Into You: Understanding Core Updates & Search Intent
Google's Just Not That Into You: Understanding Core Updates & Search Intent
 
How to have difficult conversations
How to have difficult conversations How to have difficult conversations
How to have difficult conversations
 
Introduction to Data Science
Introduction to Data ScienceIntroduction to Data Science
Introduction to Data Science
 
Time Management & Productivity - Best Practices
Time Management & Productivity -  Best PracticesTime Management & Productivity -  Best Practices
Time Management & Productivity - Best Practices
 
The six step guide to practical project management
The six step guide to practical project managementThe six step guide to practical project management
The six step guide to practical project management
 
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
Beginners Guide to TikTok for Search - Rachel Pearson - We are Tilt __ Bright...
 
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
 

More Sales From Your Website: Increasing The Conversion Rate

  • 1. Conversion Rate Optimisation Simon Melaniphy MD, Refreshed Media
  • 2. Why Invest 30 Minutes Today? “Improve your website’s sales or enquiries without attracting any more visitors” 1. 60 seconds on my credentials 2. What is a Conversion & Conversion Rate Optimisation (CRO)? 3. How to research and analyse website activity. 4. Testing ideas on your website. 5. Case studies (including one who increased enquiries 3 fold!) 6. Action points.
  • 3. About Me & Refreshed Media Founding Director in 2003 Hands on digital marketing consultancy, web design, SEO, PPC Today Refreshed is a full service digital specialist • Multi-award winning • Part of the £25m Emerge Group Focused on traffic generation and lead & sales conversion • Google Adwords Certified Partner • Test and measure to improve your website conversion rate • Google Analytics qualified consultancy
  • 4. We’ve worked with clients from…We’ve worked with clients from…
  • 5. Website Conversion Definition “A desired action taken by a website visitor” Types of conversion? •E-commerce sale •Completed enquiry form •Newsletter signup •Software download •Membership signup •Free trial signup
  • 6. What Is A Conversion Rate? Goal achievements ________________________ x 100 Website visitors e.g. 200 conversions _______________ = 2% conversion rate 10,000 visitors
  • 7. Return On Investment Example, if a conversion = a sale @ £100 & PPC average CPC of 50p Monthly Investment Visits Conversions Conv. Rate Revenue Search Engine Marketing £15,000 30,000 450 1.50% £45,000 Option 1 = Increase SEM Investment (£2k): Monthly Investment Visits Conversions Conv. Rate Revenue Search Engine Marketing £17,000 34,000 510 1.50% £51,000 Option 2 = Invest in CRO Monthly Investment Visits Conversions Conv. Rate Revenue Search Engine Marketing £15,000 30000 750 2.50% £75,000 Conversion Rate Optimisation £2,000
  • 8. What Conversion Rate Should I Expect? •Varies significantly •E-commerce sales = 0.5% to 8% •B2C typically 1% to 2%, best in class = 5% •Retail financial services typically 1% to 2% •Free subscriptions to paid subscribers = 1% to 7% Stats courtesy of Fireclick.com •What do you NEED it to be to generate a positive ROI? •Who is aware of their conversion rate? •Who thinks it could improve?
  • 9. Conversion Rate Optimisation “39% of companies are dissatisfied with their website conversion rate” Econsultancy, 2010
  • 10. What is CRO? e process of measuring, understanding and adapting your website in der to better suit visitor needs and in order to achieve website objectives. Visits CRO: Analysis, Measurement, Testing More conversions / sales / leads
  • 13. Google Analytics Free, well featured, supported Get the measurement culture! • Where is your traffic coming from? • What traffic is productive? • What is happening on your website?
  • 14. Google Analytics – Tracking Goals •All forms •E-commerce •Track basket values and product names •‘Soft’ goals •Positive user experience but no £ or data capture •Particularly if low converting site to get more data •e.g. free brochure downloads & key button clicks
  • 15. Google Analytics – Tracking Goals •Funnels •Monitor visitor activity from point A to point B •E.g. Through the checkout process or even for 1-stage forms •Useful for: •Reducing redundant steps people take towards the goal •Finding the exit points in the site •Identifying if not enough info on a page so user has to click elsewhere •Testing alternate page versions
  • 16. GA – Segmentation “Almost all data in aggregate is useless” - Avinash Kaushik •GA much more valuable analysing in segments •E.g. find most popular pages for a particular group, e.g. converting visitors •Easy to implement – top right on GA reports •Create your own segments •e.g. visits with an average order value of greater than £80
  • 17. GA – Custom Variables Define additional segments to apply to visitors •E.g. Taylor Wimpey Introduced new incentive pages & drove traffic •Would these affect the conversion rate? •Custom Variables put these visitors into their own segment •YES •30% more likely to enquire •40% more likely to download a brochure
  • 18. GA – Other Analysis Every time you implement something new on your site, ask how the effectiveness can be measured
  • 19. Tracking the Whole Click Journey Click Date / Time Source 1 06/04/2010 – 18:32 Email Campaign 2 07/04/2010 – 18:48 Google Adwords – “new homes Winchester” 3 08/04/2010 – 19:20 Banner advertisement 4 10/04/2010 – 12:02 Google.co.uk (organic) – “Taylor Wimpey” 5 11/04/2010 – 13:31 Direct Enquiry submitted on the 5th visit – 5 days and 5 clicks after the original visit But which traffic source is responsible for generating the conversion? • First Click? • Last Click? Average clicks before conversion = 3.3 Example for house builder Taylor Wimpey
  • 20. Multi-touch conversion attribution Understand more about your visitors: • How many clicks on average does it take for a visitor to convert? • How long from first visit, does it take for a visitor to convert? • What time of day / week / month / year are first click conversion journeys starting? • When do I need to appear for research keywords (e.g. “new homes”)? • When do I need to appear for transactional keywords? • When really is the best time of day / week / month to send an email? • How do first click visits differ from last click visits on the site?
  • 22. Scroll Analysis Are visitors reaching the bottom of your pages?
  • 23. Usability Testing – Your Site • Understanding the WHY behind the WHAT • Select users from your target market: • Focus Groups • 1-2-1 User Experience Test • Set specific tasks – listen and interpret
  • 24. Usability Testing – The Market • Ask users to execute the same tasks on key competitor sites • Ask users to perform searches for your products and services • 5-6 users can uncover 85% of usability issues
  • 26. Solutions Priorities Create a list of conversion improvement ideas, and priorities in order of importance: Issue Solution Priority How Measured Visitor dropping off from stage 4 of the conversion process. Reduce the size of the form High % form abandonment / % stage completion Low conversion rate for Product X Change the position of the call-to-action Medium Goal conversion rate / % of visitors who click through to form Home page top image taking up too much real estate Reduce image depth and promote search function above the fold Medium Bounce rate / pages per visit / time on site / conversion rate Logo does not link to the home page Insert link Low Bounce rate / exit rate
  • 27. Prepare for testing • Pages will typically need 5,000 unique visitors in order to have a large enough sample. • Test one solution at a time! • Ease of implementation may dictate which tests are conducted first
  • 29. Conversion Rate Optimisation– Split Testing • One of these designs gained 25% more conversions that the other – which was it??
  • 30. Split A/B Testing V Serving up 2 or more different versions of a page live.
  • 31. Multivariate Testing Dividing the page into sections, and testing alternatives within those sections. Different sized images Different designs and wording for calls to action Different designs and wording for calls to action
  • 32. CRO: Multivariate Testing • 9 different versions of this page section... • A massive 300% difference in conversion results 3 different colour tab versions 3 different text versions = 9 different page versions
  • 33. Case Study: Natural Training Version 2 = 60% more likely to click, 40% more likely to convert! • Through GA & user tests identified page which converting visitors usually visited •Struggled to find call to action •Tested positioning, designs and language
  • 34. Case Study: National Express The winning version increase conversion rates by 14%!
  • 35. Testing Principles • A test is only as good as the analysis & research • Don’t just test the design of calls-to-action if they are not going to make a big impact to site performance. • Give the test a chance to reach a conclusion • Don’t be disheartened if tests are inconclusive: • Go back and find out why (more analysis, more user tests) • Don’t be disheartened if the originals outperform the alternatives / solutions • Better to analyse, test and measure than to not bother.
  • 37. Content Strategy “In 2011, content strategy will cause a bigger buzz than social media.” opening speaker at this year's Content Strategy Forum in Paris
  • 38. Content Strategy • Think about how you engage your website visitor: – Video • product reviews / demonstrations • Distribute via YouTube and other video sites – Animations • Explain difficult concepts – Client testimonials (text / video) – Personalise or segment content – User generated content • Forums • Reviews – Expert Content • Blog • Articles (distribution)
  • 39. Content Strategy – Social Media • Twitter, LinkedIn or Facebook to: – Drive content – Stimulate conversation – Engagement can enhance conversion rate
  • 41. Implementing winning variations • Continue to monitor the success of the implementation • Report back to other stakeholders • Timestamp / Annotate the implementation • Useful when reviewing in future or for other staff
  • 42. It’s a cycle! • Whilst implementing the first test, start thinking about the next test • Continually add to the solutions list
  • 44. What Next? Objectives • Set Objectives: • Increase conversion rate from 1.5% to 2.5% within 1 year • Implement at least 4 tests within the next year
  • 45. What Next? Strategy Conversion Checklist: Research / Analysis Done? Testing Done? Setup / Configure Google Analytics Decide on split or mutlivariate test Implement Heatmaps / Scrollmaps Implement heatmaps on variations Usability Tests Ensure variations can be tracked in GA Brainstorm ideas with sales team Take screenshots of variations Ideas & Solutions Done? Review Done? Create list of issues / problems Analyse the results Brainstorm how to overcome them Implement the winner Prioritise the actions / tests Annotate Google Analytics Agree how to monitor tests Start next test process
  • 46. What Next? Accountability Give someone in the organisation responsibility for managing the website’s conversion rate