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   Driving ROI: Understanding the
            Role of CRO
Presented to:

#MMSEM11
Agenda


            Defining Conversions


            What is Conversion Rate Optimization


            An Overview of CRO


            Case Studies

11/1/2011                                          2
What is a Conversion?
An online conversion can have many different meanings.

    Examples:
       • Purchase
       • Newsletter or Email Sign-Up
       • A “like” or retweet
       • Online form submission (i.e. request a proposal or contact us)
       • Phone calls
       • eCommerce
       • Viewing a video
       • Downloading a whitepaper
       • Sharing on social media sites




11/1/2011                                                                 3
What is Conversion Rate Optimization?

Conversion Rate Optimization (CRO) is a unique and fresh approach to
online marketing. While most online marketing efforts (SEO, Paid
Search) focus on traffic generation and new visitors to your website,
CRO is focused solely on traffic monetization: getting the most value
out of the users already visiting your site.




11/1/2011                                                               4
Benefits of CRO

  •   Convert Website Visitors into Customers
  •   Establish a Stronger, More-Engaged User Base
  •   Improve User Experience
  •   Increase Revenue and Profits
  •   Generate More Repeat Business
  •   Continuous Optimization




11/1/2011                                            5
Fundamentals of CRO

Site Focus:
What is the objective of your website? What is your conversion
mechanism?

Site Navigation:
Navigation is one of the most important parts of the user experience.
Confused visitors become frustrated easily and that can lead to drop-
offs and high bounce rates.

Examples:
  • Adjusting color scheme
  • Building out drop-down navigation
  • Linking logo and multimedia

11/1/2011                                                               6
Fundamentals of CRO

Conversion Process:
Analyzing the steps a user takes leading up to a conversion

Design:
CRO tests different fonts, colors, or page layouts to provide valuable
insight into user behavior

Development:
Site speed and page load speed can impact usability and negatively
affect conversions.




11/1/2011                                                                7
Landing Page Optimization

A landing page is a crucial tool for any marketing campaign, including paid
search, email, social media and display media campaigns. A best practice
for CRO is to incorporate a well designed, streamlined landing page to
serve as a destination URL for any online marketing campaign.

Areas of Focus:
    • Messaging
    • Call to Action
    • Copy Structure and Layout
    • Offers and Promotions
    • Dynamic Content
    • Trustworthy Experience
    • Emphasize Benefits



11/1/2011                                                                     8
CRO Tools




11/1/2011               9
CRO Tools: Overview

CRO tools are used as a complimentary product to web analytics.
While web analytics gathers data regarding how traffic arrives at
your site, CRO tools collect information about what actions take place
inside any given webpage.

Data collected through CRO tools ranges from engagement tracking to
conversion metrics. An example of this is bounce rates:

  • Web analytics gives you time on site and bounce rate percentages.

  • CRO tools assign bounce rates based on time on engagement time
         o soft bounce is 20 seconds or less

         o hard bounce = 2 seconds or less




11/1/2011                                                             10
3 Main Components of CRO

• Form Analytics
• Conversion Funnels
• Heatmaps




11/1/2011                                 11
Form Analytics
Form analytics are critical to the conversion process. We collect 6 aggregate reports to
assess form analytics.

Reports:
     •      Form Analytics:
            Where users exit a page/site
     •      Conversion Reports:
            Highlights conversion funnels
     •      Drop Report:
            What piece of content was
            last viewed before exiting the site.
     •      Time Report:
            How long it takes to fill out a form
     •      Blank Field Report:
            What sections are overlooked (design element)
     •      Refill Report:
            What fields did the user fill in incorrectly the first time

11/1/2011                                                                                  12
Conversion Funnels

This report shows:
• Percentages of visitors completing a conversion
• Drop off rates
• Stages where the most drop off’s occur
• Estimates of site traffic over the past 30 days




11/1/2011                                           13
Heatmaps

  • Attention Heatmaps: Good for long pages of content. Where do
    they stop scrolling and start reading?

  • Scroll Reach Heatmaps: Enforces Attention Heatmaps, helps to
    identify ideal placement of content on a page, scrolling behavior,
    and gauges where visitors hover and read content.

  • Mouse Click Heatmap: Tracks numbers of clicks on a page,
    gauages performance of each hyperlink, identifies content that
    needs to be linking to another page (i.e. logos or images).

  • Mouse Move Heatmap: Gauges what content people are looking
    at on a page, similar to eye tracking.



11/1/2011                                                            14
Examples of Heatmaps




11/1/2011              15
YourLabelsNOW.com Case Study




11/1/2011                                  16
YourLabelsNOW Case Study




11/1/2011                  17
YLN’s “Instant Quote” Form Test


•   YLN relies heavily on samples and quote requests.

•   Their “Instant Quote” form is crucial to successful online business.

•   We used the form analytics to measure the performance between a
    one-column versus a two-column form.

•   We tracked effectiveness and conversions by measuring the amount
    of form submissions.



        The result was a 23% increase in conversions.


11/1/2011                                                              18
YLN Case Study: One-Column Form
We tested the current one-column form versus the new two-column form.
The majority of the drop off’s occurred because users couldn’t locate
information resources and samples.




11/1/2011                                                           19
YLN Case Study: Two-Column Form
As a result we changed the instant quote form to be more visually
engaging added a second column with sample images and help
options/resource links..




11/1/2011                                                           20
Allen Brothers Case Study




11/1/2011                               21
Allen Brothers “Best Sellers” Case Study
In this test we highlighted the “Best Sellers” within the category and
began to cross-promote “Best Sellers” from other categories. We used
the below existing layout as option one.




11/1/2011                                                                22
Allen Brothers Case Study
The challenger or second version highlighted best sellers and cross-
promotional items . With the below version, conversions increased by
20%.




11/1/2011                                                              23
11/1/2011   24
Conversion Rate Optimization (CRO)

Methods of Testing & Evaluation
    • Aesthetic Analysis
    • Conversion Funnel Analysis
    • Incoming Traffic Analysis
    • In-depth User Testing
    • User Surveys
    • A/B Testing & Multivariate Testing
    • Site Reviews by Industry Experts

Examples of Variables Tested
     •      Headlines
     •      Website Copy
     •      Landing Pages
     •      Web Page Layout
     •      Form Fields & Label Alignment
     •      Colors & Fonts
     •      Button Shape, Size & Placement
     •      Conversion Funnel Length (number of touch points in the sales cycle)


11/1/2011                                                                          25
Thank You!

            Questions?




11/1/2011                26

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CRO Presentation Kelly Cutler #MMSEM11

  • 1. Full-service online + interactive marketing firm Driving ROI: Understanding the Role of CRO Presented to: #MMSEM11
  • 2. Agenda Defining Conversions What is Conversion Rate Optimization An Overview of CRO Case Studies 11/1/2011 2
  • 3. What is a Conversion? An online conversion can have many different meanings. Examples: • Purchase • Newsletter or Email Sign-Up • A “like” or retweet • Online form submission (i.e. request a proposal or contact us) • Phone calls • eCommerce • Viewing a video • Downloading a whitepaper • Sharing on social media sites 11/1/2011 3
  • 4. What is Conversion Rate Optimization? Conversion Rate Optimization (CRO) is a unique and fresh approach to online marketing. While most online marketing efforts (SEO, Paid Search) focus on traffic generation and new visitors to your website, CRO is focused solely on traffic monetization: getting the most value out of the users already visiting your site. 11/1/2011 4
  • 5. Benefits of CRO • Convert Website Visitors into Customers • Establish a Stronger, More-Engaged User Base • Improve User Experience • Increase Revenue and Profits • Generate More Repeat Business • Continuous Optimization 11/1/2011 5
  • 6. Fundamentals of CRO Site Focus: What is the objective of your website? What is your conversion mechanism? Site Navigation: Navigation is one of the most important parts of the user experience. Confused visitors become frustrated easily and that can lead to drop- offs and high bounce rates. Examples: • Adjusting color scheme • Building out drop-down navigation • Linking logo and multimedia 11/1/2011 6
  • 7. Fundamentals of CRO Conversion Process: Analyzing the steps a user takes leading up to a conversion Design: CRO tests different fonts, colors, or page layouts to provide valuable insight into user behavior Development: Site speed and page load speed can impact usability and negatively affect conversions. 11/1/2011 7
  • 8. Landing Page Optimization A landing page is a crucial tool for any marketing campaign, including paid search, email, social media and display media campaigns. A best practice for CRO is to incorporate a well designed, streamlined landing page to serve as a destination URL for any online marketing campaign. Areas of Focus: • Messaging • Call to Action • Copy Structure and Layout • Offers and Promotions • Dynamic Content • Trustworthy Experience • Emphasize Benefits 11/1/2011 8
  • 10. CRO Tools: Overview CRO tools are used as a complimentary product to web analytics. While web analytics gathers data regarding how traffic arrives at your site, CRO tools collect information about what actions take place inside any given webpage. Data collected through CRO tools ranges from engagement tracking to conversion metrics. An example of this is bounce rates: • Web analytics gives you time on site and bounce rate percentages. • CRO tools assign bounce rates based on time on engagement time o soft bounce is 20 seconds or less o hard bounce = 2 seconds or less 11/1/2011 10
  • 11. 3 Main Components of CRO • Form Analytics • Conversion Funnels • Heatmaps 11/1/2011 11
  • 12. Form Analytics Form analytics are critical to the conversion process. We collect 6 aggregate reports to assess form analytics. Reports: • Form Analytics: Where users exit a page/site • Conversion Reports: Highlights conversion funnels • Drop Report: What piece of content was last viewed before exiting the site. • Time Report: How long it takes to fill out a form • Blank Field Report: What sections are overlooked (design element) • Refill Report: What fields did the user fill in incorrectly the first time 11/1/2011 12
  • 13. Conversion Funnels This report shows: • Percentages of visitors completing a conversion • Drop off rates • Stages where the most drop off’s occur • Estimates of site traffic over the past 30 days 11/1/2011 13
  • 14. Heatmaps • Attention Heatmaps: Good for long pages of content. Where do they stop scrolling and start reading? • Scroll Reach Heatmaps: Enforces Attention Heatmaps, helps to identify ideal placement of content on a page, scrolling behavior, and gauges where visitors hover and read content. • Mouse Click Heatmap: Tracks numbers of clicks on a page, gauages performance of each hyperlink, identifies content that needs to be linking to another page (i.e. logos or images). • Mouse Move Heatmap: Gauges what content people are looking at on a page, similar to eye tracking. 11/1/2011 14
  • 18. YLN’s “Instant Quote” Form Test • YLN relies heavily on samples and quote requests. • Their “Instant Quote” form is crucial to successful online business. • We used the form analytics to measure the performance between a one-column versus a two-column form. • We tracked effectiveness and conversions by measuring the amount of form submissions. The result was a 23% increase in conversions. 11/1/2011 18
  • 19. YLN Case Study: One-Column Form We tested the current one-column form versus the new two-column form. The majority of the drop off’s occurred because users couldn’t locate information resources and samples. 11/1/2011 19
  • 20. YLN Case Study: Two-Column Form As a result we changed the instant quote form to be more visually engaging added a second column with sample images and help options/resource links.. 11/1/2011 20
  • 21. Allen Brothers Case Study 11/1/2011 21
  • 22. Allen Brothers “Best Sellers” Case Study In this test we highlighted the “Best Sellers” within the category and began to cross-promote “Best Sellers” from other categories. We used the below existing layout as option one. 11/1/2011 22
  • 23. Allen Brothers Case Study The challenger or second version highlighted best sellers and cross- promotional items . With the below version, conversions increased by 20%. 11/1/2011 23
  • 24. 11/1/2011 24
  • 25. Conversion Rate Optimization (CRO) Methods of Testing & Evaluation • Aesthetic Analysis • Conversion Funnel Analysis • Incoming Traffic Analysis • In-depth User Testing • User Surveys • A/B Testing & Multivariate Testing • Site Reviews by Industry Experts Examples of Variables Tested • Headlines • Website Copy • Landing Pages • Web Page Layout • Form Fields & Label Alignment • Colors & Fonts • Button Shape, Size & Placement • Conversion Funnel Length (number of touch points in the sales cycle) 11/1/2011 25
  • 26. Thank You! Questions? 11/1/2011 26