Showing posts with label conversion rate. Show all posts
Showing posts with label conversion rate. Show all posts

Wednesday, 26 November 2014

Using Analytical Analysis to Help Improve Conversions

If there is one thing digital marketers want more of, it is success from their sites and marketing initiatives. Of course, no one likes declining sales trends or even the occurrence of just "bumping along." Where do you look for guidance, though? The latest digital marketing book, SEO platform, or digital marketing tool? The secret typically lies in accessing the biggest hammer in your marketing tool bag, analytics!
Understanding what interactions and behaviors are taking place on your site can provide a great amount of guidance as to what you may need to revise on your site to affect conversion rates. The first step in finding reason from the analytical data is realizing that your site users fall into several groups. First and foremost, converters and non-converters, but also several others such as by age group, new vs. returning user, mobile vs. desktop, and so on. Each of these user groups have different needs as well as perceptions of your site. It is up to you to identify there interactions and behavior and take more non-converters and transition them into the converters.

Roll Up Your Sleeves

Our analysis starts with setting custom dimensions. These analytical filters allow us to initially review two type of visitors, those who convert and those who don’t. For many of the sections below it will help to set these segments so you can see the differences between groups. Lucky for us, Google Analytics has predefined segments for converters and non-converters.
google-analytics-segments-1
Choosing only one segment at a time to view the following areas in Google Analytics.

User Flow

Review the typical user through the site by converter and non-converter. First, where does a converter typically enter the site and how many pages do they traverse before converting? Second, where does the non-converter typically enter the site and how many pages do they traverse before we notice a considerable exit rate/drop off.
users-flow
For the converters, is there a noticeable rhythm of great internal linking to keep them traveling through the conversion funnel from the starting point(page)?
For non-converters, where are most people entering the site? Where we see the drop-off primarily happening, is there a lack of calls to action, links to related content, or confusion in navigational linking?

Content Drilldown

While User Flow is a nifty visual for understand page progression and drop-off rates, Content Drilldown is an alternative data view for those a little more linearly inclined providing a table view for you to walk through top content pathways from within our custom segments. Now go your site and click through these pathways and gain an understanding of what may be providing reasons for users to leave the site.

Mobile

Now that we have a general understanding of overarching user flow behaviors of our converters vs. non-converters, we can likely start coming up with a little more insight on where we may be able to improve our conversation optimization efforts based on who these users are and where they are coming from. Since mobile traffic is all the rage these days and its contribution to overall site traffic is on the rise, let’s review our two segments within this analytical vertical.
mobile-users-flow
(Hmm… I think we have a conversion issue with mobile)
Does your percentage of conversions from mobile users compare with the percentage of overall mobile traffic which contributes to total site traffic? If mobile conversions are 2 percent of total conversions and 20 percent of overall traffic, you may have an issue.

Demographics

With our minds still surrounding the segmentation of converter and non-converter, let’s know look at demographic data. We understand how these two types are walking through the site, but who are they? By reviewing gender and age group data with secondary dimensions set to Landing Page, you can get a much better understanding of what demographic lens you need to wear when reviewing certain pages. To gain a better understanding of these underperforming demographics, create a custom segment based on this demographic and review User Flow or Content Drilldown to assess their entire journey through the site and where drop off is likely occurring.
google-demographics
Do call to actions and internal linking on specific landing pages speak to the interests of that gender or age group? For example, your older female age group may be suffering a low conversion rate. If you are selling Osteoporosis supplements and internal linking on a major landing page for this segment to related articles and resources for sports related injuries, you aren’t providing enticing pathways to avoid site drop-offs.

Reverse Goal Path

We have walked through site pages by converter and non-converter segment as they traversed the site but another angle to help assess is via reverse goal path. Of course we now walk away from having to segment by converter and non-converter, as we know that this view is only from those who have converted into said site objectives. In this section we will take a look at the conversion point and what pages recently provided the last few steps to conversion. This is where we will want to walk a few pages back in the conversion funnel and assess calls to action. We know what works and can now compare that with pages we saw earlier which were high drop off points. How can we revise the drop off pages to be more like these conversion funnel landmarks?

Funnel Visualization

For those that have taken an analytical review of improving conversions before, this is one of the oldest methods of conversion optimization review provided by Google Analytics. We have walked through a few user types and their pathways through your site, but Funnel Visualization concentrates more so toward the latter part of the conversion process. Here, we can access drop-off issues in the final steps of the conversion process.
funnel-visualization
If users are dropping out of the funnel but not exiting, what pages are they going to? Why are you providing links in the end conversion process to usher them away from the site?

Multi-Channel Attribution

I think one of the most powerful advancements in Google Analytics over the past few years is multi- channel attribution. It has provided a great wealth of what channels work well together and helped marketers form the mindset that it isn’t just SEO, paid, social, etc. - these channels often times work together. A quick glance under the hood here can let you know a lot more goal information than a quick last touch by default goal attribution by medium view. For example, you may have seen an organic sales slide in the last few months and never realized that paid search is a channel that serves as a first touch point with the site and they return days later via organic. When you axed your paid search budget a few months back, it may be hurting you more than you think!
multichannel-attribution

See, That Was Easy

The beautiful thing about Google Analytics is that there is still a myriad of comparative views we can undertake. We didn’t even take a look at obvious areas of review such as exit pages and sorting landing pages by bounce rate, etc. What I did want to do is provide a few fairly easy ways to review your conversion optimization potential utilizing deeper analytics offerings from Google Analytics via segmentation. The above will likely only take you a few hours to complete, but a few hours that could help you ramp up the conversion percentage of your site visitors.
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Friday, 31 October 2014

Your Rotating Headers Don’t Have to Kill Your Conversion Rate

Your Rotating Headers Don't Have to Kill Your Conversion Rate
It’s like a virus on the web: Rotating Headers, also called “Sliders”.
Designers recommend them.
Content Management Systems provide widgets to implement them.
And everyone is copying their competitors, which makes them spread.
Those of us that test websites know one thing: We can almost always get a higher conversion rate with a static image then with rotating header images.

Why Sliders Hurt Conversion

There are two primary reasons that sliding header images hurt conversion.

1. Load Times

It takes a long time to load each image. Header images are generally large. Multiply that by three or four or five and you have a slooooow loading page.

2. Motion is Irresistible

Rotating Banner
Try to read this sentence with the  image above moving constantly.
Our brains are programmed to pay attention to things that move. When something moves, your “Lizard Brain” must ascertain if it is something we can eat, be eaten by or mate with.
Every time the header images slides or fades, we stop reading the page and look up. We can’t help it.

Why static images are scary

Static images require us to think hard about our value proposition. They require tough decisions because you must pick one image in a key location on your home page, category pages and landing pages.
Don’t try to hedge your bets with a rotating smorgasbord. Decisions are hard.
Fear not. We have been able to beat a static hero image with a rotating “slider” on more than one occasion. If you’re attached to your slider, we’re here to help you out.

Creating Sliders That Work

This process only works if you know how to do A/B testing.
If you don’t, please, just use static images for your pages. Better yet, let us help you get setup for testing.
Rotating Mesh Banner-anonymized
This is a slider we optimized for custom sign maker. It started off with some advantages over most sliders we see on the Web.
First, the size of each image is relatively small, taking up one column width and measuring in at 519x 319 pixels.
Second, the rotation is a slow fade, not a sudden slide.
Third, the fade time is 10 seconds, which is quite long compared to other sliders we’ve seen.
Since we believed that a static image would perform better than the rotating images, we set out the see which of the panels would generate the most sales. We tested each image against the rotating banner as the control using Optimizely.
Here’s how they turned out. Only one panel beat the rotating image with high statistical significance.
Order Today Ships Today!
The others were inconclusive.
This was unexpected. So, we did a follow up. If we changed the order of the images, could we develop a rotating image that beat a static image?
We gave it a try, ordering the panels like this:

Panels in Order
In our test, the rotating header beat the static image by 61% with a confidence of over 99%.

What Does This Mean?

Does this mean that rotating sliders are the way to go? We have distilled the following best practices that have worked for us in other tests.
1. Make each image as small as possible so the page loads quickly.
2. Use a long interval between images.
3. Use a fade instead of a slide to minimize motion distraction.
4. Start the rotation with your highest performing images.
5. If you can’t test, go with a static image.
Don’t spread the virus. Be smart about your rotating messages.
To view the original article Click Here

Friday, 5 September 2014

5 Sure Shot Tips to Help You Convert More Leads

Converting leads through your website is an essential objective for any website owner. If your business relies solely on the performance of your website, then this becomes even more important. For success online, you have to constantly strive toward improving the conversion rate of your website.
Conversion rate basically refers to the frequency of converting casual visitors on your business website into success leads for the business. This list can include customers who buy your services or products, sign-up on email lists, post comments, make inquiries, as well as perform interactions with your website.
Converting visitors into leads is not child’s play. Even when armed with social media and content marketing strategies, companies are still unable to successfully convert visitors to leads. A good conversion strategy requires constant testing and analysis.
Essential tips to improve lead conversion rates
Improving conversion rates should be your primary aim when operating a business website. Below, are a few points to help you boost lead conversion rates.
#1 – Employ different strategies for for different leads
You have to treat your leads individually. Your customer base will likely be comprised of different groups who have different interests and triggers. For instance, there may be some customers who like reading exhaustive content describing your business, yet others, may lack such patience and would rather take part in a webinar. As you can see, each group would have a different trigger so you need to approach each category with material that appeals to them.
Carrot on a stick#2 – Offer incentives
Offering incentives is a great way of converting leads. This method has been used in the online business scenario for a long time now. The longevity of this method proves its success in lead conversion. An example of this method can be seen in several blogs where casual visitors are asked to give their emails in exchange for an exclusive link to a free resource such as an eBook. This principle is applicable in any online business for lead capturing purposes. You can increase you email list very quickly if this is done correctly.
#3 – Get to know your leads better
Every business has its ideal customer. You should ask yourself how well you know yours before creating your content marketing strategy. If you don’t know them very well, then it’s time to get to know them. Check out their demographics. You should know their location, income, occupation, buying habits, lifestyle, and similar data pertaining to financial situations. This data is called as Central Demographic Model or CDM. Apart from this, you will also want to know customers’ Central Psychographic Model or CPM. This defines the preferences, behaviors, and other factors affecting buying decisions of customers. CDM and CPM collectively can help you in converting leads better.
#4 – Understand successful conversion processes
Conversion processes are not an exact science. You may be surprised at how something mundane has contributed toward lead generation in the past. Hit and trial also works in online business lead generation. As such, you should always look at what has lead to successful conversions in the past. Proper attention should be paid to your website’s history in converting leads. Once you realize what has impacted your visitor’s decision in buying your product or service, that should be properly incorporated into your content marketing model, and should be duly communicated to everyone in the sales and marketing teams.
#5 – Always customize follow-up communication
Customizing follow up according to client preferences is also a must for lead generation. Whether you are using batch signs or whether the sales team is directly following up with specific leads, you have to ensure that you have proper understanding of the follow up campaign. Doing this will assist in customizing campaigns and avoid any clashes between the different follow up campaigns. As with the process of tailoring lead generation campaigns and content marketing according to client preferences, follow up measures should also be done for best results.
To view the original article Click Here