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How to Create Huge
Conversion Rate Lift
Tweet to me: @chrisgoward
Read this: WiderFunnel.com/blog
Tweet this: @chrisgoward #magentoimagine
•  Conversion Rate Optimization
•  Strategy, design, copywriting & testing
•  Landing Page Optimization
•  Advanced optimization for complex businesses
•  Lift of 10% to 750% for every retainer client
The Conversion Optimization Agency
Tweet this: @chrisgoward #magentoimagine
Conversion Rate
Dissatisfaction
is Growing
How satisfied are you with your conversion rate?
Source: eConsultancy Conversion Rate Optimization Report 2011
Tweet this: @chrisgoward #magentoimagine
Conversion RateImprovementis Getting Harder
30%
35%
Source: eConsultancy Conversion Rate Optimization Report 2011
Has your conversion rate improved?
Tweet this: @chrisgoward #magentoimagine
GoodNews:
Conversion Optimization works,
if you do it right. . .
Tweet this: @chrisgoward #magentoimagine
Average Conversion Rate Lift
Ecommerce 23.1%
*WiderFunnel average results 2007-2012
Tweet this: @chrisgoward #magentoimagine
Conversion Optimization
“Best Practices” are Dead
...unless your best practice says
You Should Test That!
Tweet this: @chrisgoward #magentoimagine
“Almost everything that
distinguishes the modern world
from earlier centuries is
attributable to science.”
—Bertrand Russell
Tweet this: @chrisgoward #magentoimagine
Tweet this: @chrisgoward #magentoimagine
Tweet this: @chrisgoward #magentoimagine
Rotating messages
are a Distraction
Tweet this: @chrisgoward #magentoimagine
Over-emphasis on
security creates anxiety
Tweet this: @chrisgoward #magentoimagine
Does this
create trust?
Tweet this: @chrisgoward #magentoimagine
Tweet this: @chrisgoward #magentoimagine
Tweet this: @chrisgoward #magentoimagine
You Should Test That!
Tweet this: @chrisgoward #magentoimagine
But. . .
Testing alone isn’t enough
Tweet this: @chrisgoward #magentoimagine
200%
That’s what a structured
testing process is worth.
Tweet this: @chrisgoward #magentoimagine
No Yes
LargeIncreaseInSales
Source: eConsultancy Conversion Rate Optimization Report 2011
2x
Does your organization have a structured approach to improving conversion rates?
Tweet this: @chrisgoward #magentoimagine
This Works in All Industries
Tweet this: @chrisgoward #magentoimagine
Background
Millions of daily emails to opt-in list.
Highly optimized, but hit a plateau
The Goal
More e-commerce revenue
Tweet this: @chrisgoward #magentoimagine
Which Landing Page Won?
Tweet this: @chrisgoward #magentoimagine
Controlled Test Result
5%
Conversion Rate Lift
41%
Revenue/Visitor Lift
Tweet this: @chrisgoward #magentoimagine
Controlled Test Result
Marketing
Insight!
Tweet this: @chrisgoward #magentoimagine
How?
A structured approach that creates powerful hypotheses.
Tweet this: @chrisgoward #magentoimagine
Kaizen Plan
Discovery
Phase 1: Conversion Optimization Strategy Phase 2: 7-Step Testing Cycle
Heuristics
Web Analytics
Voice of Customer
Research
The Structured Process
Tweet this: @chrisgoward #magentoimagine
Phase 1: The Plan
Prioritizing test opportunities
Tweet this: @chrisgoward #magentoimagine
Persuasional Landing Pages
Informational Interior Pages
Transactional Conversion Pages
Tweet this: @chrisgoward #magentoimagine
The PIE™ Prioritization Framework
1.  Potential
2.  Importance
3.  Ease
Heuristics
Voice of Customer
Traffic Volume
Cost
Technical
“Political”
Tweet this: @chrisgoward #magentoimagine
Test # Test Type Potential Importance Ease PIE
1.1 Home A/B Cluster 10 10 8 9.3
1.2 Home Isolation 1 8 10 9 9.0
1.3 Home Isolation 2 8 10 9 9.0
2.1 Category Template A/B Cluster 10 9 7 8.7
2.2 Category Isolation 1 8 9 8 8.3
2.3 Category Isolation 2 8 9 8 8.3
3.1 PCTA Isolation 1 6 10 8 8.0
4
Product Detail Template A/B
Cluster
10 10 4 8.0
5.1-3 Shopping Cart Isolation 1-3 8 9 6 7.7
4.1 Product Detail Isolation 8 10 5 7.7
6 Site-wide elements 6 7 9 7.3
5.4 Shopping Cart A/B Cluster 9 9 3 7.0
7 Blog Template PCTA 8 2 7 5.7
PIE™ Prioritization
Tweet this: @chrisgoward #magentoimagine
Phase 2: The Testing
Ongoing, iterative, scientific marketing
Tweet this: @chrisgoward #magentoimagine
Product Page Optimization
Tweet this: @chrisgoward #magentoimagine
Background
Solid brand awareness
Disappointing conversion rate
Google told them to work with WiderFunnel
The Goal
More e-commerce revenue
Tweet this: @chrisgoward #magentoimagine
(Note: For more, search “WiderFunnel Lift”)
TM
Relevance
Clarity
Anxiety
Distraction
Urgency
Knowing what to test: using the LIFT Model™
Tweet this: @chrisgoward #magentoimagine
Clarity: Blue text is confused
with links
Value Proposition: “Free
Shipping” more compelling?
Distraction: Show All opens a
new page
Relevance: Scrolling products
take most prominent position
Clarity: Design does not imply
sale price
Distraction: Reviews are more
prominent than features.
Clarity: Features included in
Description tab at bottom.
Clarity: Shipping tab does not
include shipping price.
Distraction: Shipping link
opens new page in new tab.
Distraction: Cross-selling
more prominent than features.
LIFT™Analysis
Tweet this: @chrisgoward #magentoimagine
WEAKNESS STRENGTH
Relevance: Scrolling
products take most
prominent position
Distraction: Reviews are
more prominent than
features.
Clarity: Design does not
imply sale price
Hypothesis: Moving
product reco box below
the fold
Hypothesis: Redesigning
CTAs to emphasize sale
price
Hypothesis: Increasing
prominence of product
features
Develop Test Hypotheses
Tweet this: @chrisgoward #magentoimagine
1
LIFT
Analysis
2
Hypothesis
Creation
3
Funnel
Experiment
Map
4
Graphic
Design &
Copy
5
HTML
& Technical
Install
6
Experiment
Launch
7
Results &
Analysis
The 7-Step Testing Cycle
Tweet this: @chrisgoward #magentoimagine
A B
Which Product Page Template Won?
Tweet this: @chrisgoward #magentoimagine
Why? 16% Sales Lift!
Controlled Test Result
Tweet this: @chrisgoward #magentoimagine
Category Page Optimization
Tweet this: @chrisgoward #magentoimagine
Background
Industry-leading website
Stagnant conversion rate
Google hired us to optimize for them
The Goal
More e-commerce revenue
Tweet this: @chrisgoward #magentoimagine
A B
Which Category Page Won?
Tweet this: @chrisgoward #magentoimagine
Controlled Test Result
16.1%
Sales Lift
Tweet this: @chrisgoward #magentoimagine
Persistent Call-to-Action (PCTA)
Optimization
Tweet this: @chrisgoward #magentoimagine
Tweet this: @chrisgoward #magentoimagine
A/B/n Test
Site-wide PCTA
Web Form & Phone
PCTA Test
Tweet this: @chrisgoward #magentoimagine
Which Booking Widget Won?
A B C
Tweet this: @chrisgoward #magentoimagine
Controlled Test Result
106%
Booking Lift!
Phone & Online
Tweet this: @chrisgoward #magentoimagine
Tweet this: @chrisgoward #magentoimagine
Interested in a Free Page Evaluation?
•  10 time slots are available for attendees
•  Scheduled on a first-come, first-served basis
•  Any type of page
To Qualify:
1.  Tell us the URL of the web page you’d like evaluated
2.  Minimum 30,000 unique visitors per month
3.  Email: Hello@widerfunnel.com
Free Offer: Custom Web Page Evaluation

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How to Create Huge Conversion Rate Lift | Imagine 2013 Strategic Marketing

  • 1.
  • 2. How to Create Huge Conversion Rate Lift Tweet to me: @chrisgoward Read this: WiderFunnel.com/blog
  • 3. Tweet this: @chrisgoward #magentoimagine •  Conversion Rate Optimization •  Strategy, design, copywriting & testing •  Landing Page Optimization •  Advanced optimization for complex businesses •  Lift of 10% to 750% for every retainer client The Conversion Optimization Agency
  • 4. Tweet this: @chrisgoward #magentoimagine Conversion Rate Dissatisfaction is Growing How satisfied are you with your conversion rate? Source: eConsultancy Conversion Rate Optimization Report 2011
  • 5. Tweet this: @chrisgoward #magentoimagine Conversion RateImprovementis Getting Harder 30% 35% Source: eConsultancy Conversion Rate Optimization Report 2011 Has your conversion rate improved?
  • 6. Tweet this: @chrisgoward #magentoimagine GoodNews: Conversion Optimization works, if you do it right. . .
  • 7. Tweet this: @chrisgoward #magentoimagine Average Conversion Rate Lift Ecommerce 23.1% *WiderFunnel average results 2007-2012
  • 8. Tweet this: @chrisgoward #magentoimagine Conversion Optimization “Best Practices” are Dead ...unless your best practice says You Should Test That!
  • 9. Tweet this: @chrisgoward #magentoimagine “Almost everything that distinguishes the modern world from earlier centuries is attributable to science.” —Bertrand Russell
  • 10. Tweet this: @chrisgoward #magentoimagine
  • 11. Tweet this: @chrisgoward #magentoimagine
  • 12. Tweet this: @chrisgoward #magentoimagine Rotating messages are a Distraction
  • 13. Tweet this: @chrisgoward #magentoimagine Over-emphasis on security creates anxiety
  • 14. Tweet this: @chrisgoward #magentoimagine Does this create trust?
  • 15. Tweet this: @chrisgoward #magentoimagine
  • 16. Tweet this: @chrisgoward #magentoimagine
  • 17. Tweet this: @chrisgoward #magentoimagine You Should Test That!
  • 18. Tweet this: @chrisgoward #magentoimagine But. . . Testing alone isn’t enough
  • 19. Tweet this: @chrisgoward #magentoimagine 200% That’s what a structured testing process is worth.
  • 20. Tweet this: @chrisgoward #magentoimagine No Yes LargeIncreaseInSales Source: eConsultancy Conversion Rate Optimization Report 2011 2x Does your organization have a structured approach to improving conversion rates?
  • 21. Tweet this: @chrisgoward #magentoimagine This Works in All Industries
  • 22. Tweet this: @chrisgoward #magentoimagine Background Millions of daily emails to opt-in list. Highly optimized, but hit a plateau The Goal More e-commerce revenue
  • 23. Tweet this: @chrisgoward #magentoimagine Which Landing Page Won?
  • 24. Tweet this: @chrisgoward #magentoimagine Controlled Test Result 5% Conversion Rate Lift 41% Revenue/Visitor Lift
  • 25. Tweet this: @chrisgoward #magentoimagine Controlled Test Result Marketing Insight!
  • 26. Tweet this: @chrisgoward #magentoimagine How? A structured approach that creates powerful hypotheses.
  • 27. Tweet this: @chrisgoward #magentoimagine Kaizen Plan Discovery Phase 1: Conversion Optimization Strategy Phase 2: 7-Step Testing Cycle Heuristics Web Analytics Voice of Customer Research The Structured Process
  • 28. Tweet this: @chrisgoward #magentoimagine Phase 1: The Plan Prioritizing test opportunities
  • 29. Tweet this: @chrisgoward #magentoimagine Persuasional Landing Pages Informational Interior Pages Transactional Conversion Pages
  • 30. Tweet this: @chrisgoward #magentoimagine The PIE™ Prioritization Framework 1.  Potential 2.  Importance 3.  Ease Heuristics Voice of Customer Traffic Volume Cost Technical “Political”
  • 31. Tweet this: @chrisgoward #magentoimagine Test # Test Type Potential Importance Ease PIE 1.1 Home A/B Cluster 10 10 8 9.3 1.2 Home Isolation 1 8 10 9 9.0 1.3 Home Isolation 2 8 10 9 9.0 2.1 Category Template A/B Cluster 10 9 7 8.7 2.2 Category Isolation 1 8 9 8 8.3 2.3 Category Isolation 2 8 9 8 8.3 3.1 PCTA Isolation 1 6 10 8 8.0 4 Product Detail Template A/B Cluster 10 10 4 8.0 5.1-3 Shopping Cart Isolation 1-3 8 9 6 7.7 4.1 Product Detail Isolation 8 10 5 7.7 6 Site-wide elements 6 7 9 7.3 5.4 Shopping Cart A/B Cluster 9 9 3 7.0 7 Blog Template PCTA 8 2 7 5.7 PIE™ Prioritization
  • 32. Tweet this: @chrisgoward #magentoimagine Phase 2: The Testing Ongoing, iterative, scientific marketing
  • 33. Tweet this: @chrisgoward #magentoimagine Product Page Optimization
  • 34. Tweet this: @chrisgoward #magentoimagine Background Solid brand awareness Disappointing conversion rate Google told them to work with WiderFunnel The Goal More e-commerce revenue
  • 35. Tweet this: @chrisgoward #magentoimagine (Note: For more, search “WiderFunnel Lift”) TM Relevance Clarity Anxiety Distraction Urgency Knowing what to test: using the LIFT Model™
  • 36. Tweet this: @chrisgoward #magentoimagine Clarity: Blue text is confused with links Value Proposition: “Free Shipping” more compelling? Distraction: Show All opens a new page Relevance: Scrolling products take most prominent position Clarity: Design does not imply sale price Distraction: Reviews are more prominent than features. Clarity: Features included in Description tab at bottom. Clarity: Shipping tab does not include shipping price. Distraction: Shipping link opens new page in new tab. Distraction: Cross-selling more prominent than features. LIFT™Analysis
  • 37. Tweet this: @chrisgoward #magentoimagine WEAKNESS STRENGTH Relevance: Scrolling products take most prominent position Distraction: Reviews are more prominent than features. Clarity: Design does not imply sale price Hypothesis: Moving product reco box below the fold Hypothesis: Redesigning CTAs to emphasize sale price Hypothesis: Increasing prominence of product features Develop Test Hypotheses
  • 38. Tweet this: @chrisgoward #magentoimagine 1 LIFT Analysis 2 Hypothesis Creation 3 Funnel Experiment Map 4 Graphic Design & Copy 5 HTML & Technical Install 6 Experiment Launch 7 Results & Analysis The 7-Step Testing Cycle
  • 39. Tweet this: @chrisgoward #magentoimagine A B Which Product Page Template Won?
  • 40. Tweet this: @chrisgoward #magentoimagine Why? 16% Sales Lift! Controlled Test Result
  • 41. Tweet this: @chrisgoward #magentoimagine Category Page Optimization
  • 42. Tweet this: @chrisgoward #magentoimagine Background Industry-leading website Stagnant conversion rate Google hired us to optimize for them The Goal More e-commerce revenue
  • 43. Tweet this: @chrisgoward #magentoimagine A B Which Category Page Won?
  • 44. Tweet this: @chrisgoward #magentoimagine Controlled Test Result 16.1% Sales Lift
  • 45. Tweet this: @chrisgoward #magentoimagine Persistent Call-to-Action (PCTA) Optimization
  • 46. Tweet this: @chrisgoward #magentoimagine
  • 47. Tweet this: @chrisgoward #magentoimagine A/B/n Test Site-wide PCTA Web Form & Phone PCTA Test
  • 48. Tweet this: @chrisgoward #magentoimagine Which Booking Widget Won? A B C
  • 49. Tweet this: @chrisgoward #magentoimagine Controlled Test Result 106% Booking Lift! Phone & Online
  • 50. Tweet this: @chrisgoward #magentoimagine
  • 51. Tweet this: @chrisgoward #magentoimagine Interested in a Free Page Evaluation? •  10 time slots are available for attendees •  Scheduled on a first-come, first-served basis •  Any type of page To Qualify: 1.  Tell us the URL of the web page you’d like evaluated 2.  Minimum 30,000 unique visitors per month 3.  Email: Hello@widerfunnel.com Free Offer: Custom Web Page Evaluation