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Conversion Optimization: 6
Steps to Double Your Revenue
Beyond the tactics
• 3,000+ Successful Tests
• 400+ Successful CRO projects
• 11 different countries
Lessons from
Client X
2011
2016
Start of CRO work
6 years of CRO work
1.5m annual sales, 1.5% conversion rate
18m annual sales, 8.5% conversion rate
150 tests
2015
0% uplift
2015
Client X
1st test
Start of CRO work
0% uplift
2nd test
Start of CRO work
0% uplift
3rd test
Start of CRO work
4% uplift
4th test
Start of CRO work
15.5% uplift
Increasing Conversion Rates
is a Complex Problem
Focused
Solutions
“For retailers looking to grow their conversion rates — which typically hover around 3% — conversion marketing
provides opportunities to address the other 97% of visitors”
Forrester Research
Sophisticated
Analysis
Higher
probability
of success
A process that worked for some amazing
companies
Getting to the big “Yes”
Big “Yes”
yes
yes
yes
yes
yes
no
no
no
yes
yes
Best Practices
Starting with CRO
Close to 50% of AB tests do
not produce significant
results
POP QUIZ
POP QUIZ
Success
& CRO
The Process
How does it work?
Quantitative research (analytics)
Qualitative
Research
3 Questions
1. Do visitors know where they are?
2. Do visitors know what action
you want them to take?
3. Do visitors know what will
happen next?
• What elements will
increase visitors’ trust
in the website and on
the page
1. Identify trust problems
• What elements will
increase visitors’
FUDs in the website
and on the page
2. Identify FUD problems
• What elements will
motivate visitors to act
right away?
3. Identify Incentives
• What elements will
engage visitors?
3. Identify engagement
• Move from targeting
the masses into
specific targeting
• Personalize
conversion
optimization
experience
5. Address personas
• What elements do
early shoppers need
to see?
• How do we bring
them back to the
website?
6. Account for buying stages
• What elements do
help with complex
sales?
7. Deal w/ complex sales
Suzan
 Caring
 Evaluating
 Worried about
delivery
Mike
 Logical
 Ready to Buy
 Looking for a
good deal
Chris
 Aggressive
 Just browsing
 Loves
technology
Jessica
 Spontaneous
 Researching
 Price
conscious
Identify the problems
before making any
changes
Possible conversion problems on the
page
Conversion element Page element Priority
Trust Lack of clear value proposition 1
Trust Disconnect in messaging 2
Trust Lack of congruent messaging 5
FUDs No clear order steps 3
FUDs Pricing is confusing 4
Incentives No use of urgency 5
Incentives No use of scarcity 6
Incentives Pricing discount is not clear 8
Persona – Mike the spontaneous Heavy use of jargon 7
Hypothesis
Conversion element Page element Priority
Trust Lack of clear value proposition 1
Hypothesis
Copy Design Placement
Testing without
a process is a waste of
time and money
24 tests / year
5% uplift /month
The Process
1st give away!
FREE COPY OF OUR BOOK
The Web is unique in its ability to deliver this almost improbable
win-win: You can increase revenue AND make your customers
happy. Yet most websites stink. Worry not, Khalid and Ayat to the
rescue! Buy this book to follow their practical advice on how to
create high converting websites that your visitors love.
This book goes far beyond optimizing conversion. It is a digital
marketing primer that explains both the geeky stuff ("bounce
rates") and the soft stuff ("social proof"). Anyone who wants to
increase online sales or website traffic should read it--by my
calculation, that's just about every marketer in the world.
Avinash Kaushik – Google Analytics Ambassador
Guy Kawasaki - author, speaker, entrepreneur, and evangelist
Email book@invesp.com
2nd give
away!
Sign up for a free beta account
www.figpii.com
Conversion Optimization 6 Steps to Double Your Revenue

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Conversion Optimization 6 Steps to Double Your Revenue

  • 1. TITLE SLIDE ALTERNATIVE LAYOUT w/ *EXAMPLE* IMAGE (SWAP IN YOUR OWN AS NEEDED) `` Conversion Optimization: 6 Steps to Double Your Revenue Beyond the tactics
  • 2. • 3,000+ Successful Tests • 400+ Successful CRO projects • 11 different countries Lessons from
  • 3. Client X 2011 2016 Start of CRO work 6 years of CRO work 1.5m annual sales, 1.5% conversion rate 18m annual sales, 8.5% conversion rate
  • 6. Client X 1st test Start of CRO work 0% uplift 2nd test Start of CRO work 0% uplift 3rd test Start of CRO work 4% uplift 4th test Start of CRO work 15.5% uplift
  • 7. Increasing Conversion Rates is a Complex Problem Focused Solutions “For retailers looking to grow their conversion rates — which typically hover around 3% — conversion marketing provides opportunities to address the other 97% of visitors” Forrester Research Sophisticated Analysis Higher probability of success
  • 8. A process that worked for some amazing companies
  • 9. Getting to the big “Yes”
  • 11.
  • 14. Close to 50% of AB tests do not produce significant results
  • 19.
  • 20. How does it work?
  • 24. 1. Do visitors know where they are? 2. Do visitors know what action you want them to take? 3. Do visitors know what will happen next?
  • 25. • What elements will increase visitors’ trust in the website and on the page 1. Identify trust problems
  • 26. • What elements will increase visitors’ FUDs in the website and on the page 2. Identify FUD problems
  • 27. • What elements will motivate visitors to act right away? 3. Identify Incentives
  • 28. • What elements will engage visitors? 3. Identify engagement
  • 29. • Move from targeting the masses into specific targeting • Personalize conversion optimization experience 5. Address personas
  • 30. • What elements do early shoppers need to see? • How do we bring them back to the website? 6. Account for buying stages
  • 31. • What elements do help with complex sales? 7. Deal w/ complex sales
  • 32. Suzan  Caring  Evaluating  Worried about delivery Mike  Logical  Ready to Buy  Looking for a good deal Chris  Aggressive  Just browsing  Loves technology Jessica  Spontaneous  Researching  Price conscious
  • 33. Identify the problems before making any changes
  • 34. Possible conversion problems on the page Conversion element Page element Priority Trust Lack of clear value proposition 1 Trust Disconnect in messaging 2 Trust Lack of congruent messaging 5 FUDs No clear order steps 3 FUDs Pricing is confusing 4 Incentives No use of urgency 5 Incentives No use of scarcity 6 Incentives Pricing discount is not clear 8 Persona – Mike the spontaneous Heavy use of jargon 7
  • 35. Hypothesis Conversion element Page element Priority Trust Lack of clear value proposition 1 Hypothesis Copy Design Placement
  • 36. Testing without a process is a waste of time and money
  • 37. 24 tests / year 5% uplift /month
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  • 42. Sign up for a free beta account www.figpii.com