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Optimizing conversion in eCommerce




          by Artem Daniliants / LumoLink
This is what we do




Training
           Online marketing Browser based
                              solutions
                              LumoLink - Web solutions that work
Conversion?
 In internet marketing, conversion rate is the ratio of visitors who convert casual content views or
website visits into desired actions based on subtle or direct requests from marketers, advertisers, and
                                           content creators.

                                                                                            -- Wikipedia




                                                                   LumoLink - Web solutions that work
Services
                                              Content
  Products       Your website
                                              (Value)
(Monetization)


                 Conversion



                                LumoLink - Web solutions that work
Google analytics is your (best) friend




                        LumoLink - Web solutions that work
Setting up goal tracking in Google Analytics

                                    LumoLink - Web solutions that work
Which distribution channel is the most effective?
                                        LumoLink - Web solutions that work
Conversion rate can tell you
                               LumoLink - Web solutions that work
On which distribution channel should we focus?



                                     LumoLink - Web solutions that work
eCommerce integration and conversion rate can tell you



                                         LumoLink - Web solutions that work
search keyword
search keyword
search keyword
search keyword
 search keyword
 search keyword
search keyword
search keyword
search keyword
search keyword

      Which keyword we should optimize for in search engines?

                                                LumoLink - Web solutions that work
search keyword
search keyword
search keyword
search keyword
search keyword
 search keyword
search keyword
search keyword
search keyword
search keyword

                  Conversion tracking can tell you that too
                                                     LumoLink - Web solutions that work
Google Analytics URL builder
Use it to create unique URLs which conversion you can later analyze. Use this for example to analyze
  performance of your posts in social media (Facebook Fan page, email, link exchange and so on).

                                                                 LumoLink - Web solutions that work
Your unique “campaign” URL
              LumoLink - Web solutions that work
12000
                            1234




Later you can view results of your custom campaigns in Google Analytics




                                                  LumoLink - Web solutions that work
12000     600€      178        3.3€         3.2%       3.2%
                      1234      90€      54          1.6€        1.3%       1.3%




You can view conversion and ecommerce data for each campaign




                                               LumoLink - Web solutions that work
CAC
    “Customer acquisition cost” = CAC
Can be easily calculated if you’ve setup goal tracking in Google Analytics
                             More information


                                                    LumoLink - Web solutions that work
Landing pages
Page specifically designed for high conversion




                               LumoLink - Web solutions that work
What was this page optimized for?

                          LumoLink - Web solutions that work
Landing page should
•   Display competitive advantage
•   Encourage person to act
    •   “Call now to save X€”
•   Assure users
    •   Easy return policy
    •   “99% of our users said that our product is ...”
•   Provide additional information for those who want it
•   Provide easy path to act
    •   Ordering form
    •   Phone number
•   Have goal tracking setup in Google Analytics/AdWords



                                                   LumoLink - Web solutions that work
Order process
   Funnel optimization




                     LumoLink - Web solutions that work
Best practices
• Short and sweet
• Make buying as easy as clicking one button
 • Learn from the best: Amazon
• Make registration and future orders simple
• Don’t have too many steps
• Track your order process using Google
  Analytics

                             LumoLink - Web solutions that work
Order step 1




                          Order step 2




                          Order step 3




Funnel conversion analysis allows you to optimize your order process


                                                 LumoLink - Web solutions that work
A/B testing
  Simple and multivariate




                      LumoLink - Web solutions that work
Use Google Website Optimizer to optimize your landing pages for higher conversion.



                                                       LumoLink - Web solutions that work
Above the fold
  Reduce unnecessary scrolling




                        LumoLink - Web solutions that work
Make sure your most important content displayed in the first 600 pixels. This will make it visible to
                            visitors right away without scrolling.

   You can use http://browsersize.googlelabs.com/ to see where your layout needs optimizing.

                                                                 LumoLink - Web solutions that work
AdWords
Conversion tracking will save you money




                           LumoLink - Web solutions that work
Setup conversion tracking in AdWords and optimize your cost of conversion. This allows you to
track your cost of acquisition and allows AdWords to optimize campaigns for better conversion.

            This also allows you to get rid of keywords that don’t bring conversion.




                                                               LumoLink - Web solutions that work
AdWords allows you to switch to CPA (Cost Per Action) type of bidding where you pay for
                                    conversions.




                                                            LumoLink - Web solutions that work
SPEEEEEEEEEDDDDDD!
   Faster your site = More purchases




                           LumoLink - Web solutions that work
Use Google Webmaster tools
 and Google Analytics to see
   how fast is your website




                               LumoLink - Web solutions that work
SEO in the nutshell
- unique and frequently updated content
- h1
- meta tags
- links
- meta data in general
                            LumoLink - Web solutions that work
Video
Utilizing video can improve conversion and even search engine ranking




                                              LumoLink - Web solutions that work
Some cool tools



           LumoLink - Web solutions that work
UserFly records your visitors sessions to videos that you can use to analyze customer’s shopping
                                             behavior.



                                                               LumoLink - Web solutions that work
Real time chat providers like Olark will allow you to easily setup real time chat on your website which
                              can even further optimize your conversion.


                                                                   LumoLink - Web solutions that work
Image credits


• http://www.sxc.hu/photo/1287373


                        LumoLink - Web solutions that work
Thank you!
Connect with me via Email / Twitter / LinkedIn / Facebook / FriendFeed
   Follow LumoLink on: Twitter / LinkedIn / Facebook / FriendFeed

                     www.lumolink.com
                                              LumoLink - Web solutions that work

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Optimizing conversion for eCommerce

  • 1. Optimizing conversion in eCommerce by Artem Daniliants / LumoLink
  • 2. This is what we do Training Online marketing Browser based solutions LumoLink - Web solutions that work
  • 3. Conversion? In internet marketing, conversion rate is the ratio of visitors who convert casual content views or website visits into desired actions based on subtle or direct requests from marketers, advertisers, and content creators. -- Wikipedia LumoLink - Web solutions that work
  • 4. Services Content Products Your website (Value) (Monetization) Conversion LumoLink - Web solutions that work
  • 5. Google analytics is your (best) friend LumoLink - Web solutions that work
  • 6. Setting up goal tracking in Google Analytics LumoLink - Web solutions that work
  • 7. Which distribution channel is the most effective? LumoLink - Web solutions that work
  • 8. Conversion rate can tell you LumoLink - Web solutions that work
  • 9. On which distribution channel should we focus? LumoLink - Web solutions that work
  • 10. eCommerce integration and conversion rate can tell you LumoLink - Web solutions that work
  • 11. search keyword search keyword search keyword search keyword search keyword search keyword search keyword search keyword search keyword search keyword Which keyword we should optimize for in search engines? LumoLink - Web solutions that work
  • 12. search keyword search keyword search keyword search keyword search keyword search keyword search keyword search keyword search keyword search keyword Conversion tracking can tell you that too LumoLink - Web solutions that work
  • 13. Google Analytics URL builder Use it to create unique URLs which conversion you can later analyze. Use this for example to analyze performance of your posts in social media (Facebook Fan page, email, link exchange and so on). LumoLink - Web solutions that work
  • 14. Your unique “campaign” URL LumoLink - Web solutions that work
  • 15. 12000 1234 Later you can view results of your custom campaigns in Google Analytics LumoLink - Web solutions that work
  • 16. 12000 600€ 178 3.3€ 3.2% 3.2% 1234 90€ 54 1.6€ 1.3% 1.3% You can view conversion and ecommerce data for each campaign LumoLink - Web solutions that work
  • 17. CAC “Customer acquisition cost” = CAC Can be easily calculated if you’ve setup goal tracking in Google Analytics More information LumoLink - Web solutions that work
  • 18. Landing pages Page specifically designed for high conversion LumoLink - Web solutions that work
  • 19. What was this page optimized for? LumoLink - Web solutions that work
  • 20. Landing page should • Display competitive advantage • Encourage person to act • “Call now to save X€” • Assure users • Easy return policy • “99% of our users said that our product is ...” • Provide additional information for those who want it • Provide easy path to act • Ordering form • Phone number • Have goal tracking setup in Google Analytics/AdWords LumoLink - Web solutions that work
  • 21. Order process Funnel optimization LumoLink - Web solutions that work
  • 22. Best practices • Short and sweet • Make buying as easy as clicking one button • Learn from the best: Amazon • Make registration and future orders simple • Don’t have too many steps • Track your order process using Google Analytics LumoLink - Web solutions that work
  • 23. Order step 1 Order step 2 Order step 3 Funnel conversion analysis allows you to optimize your order process LumoLink - Web solutions that work
  • 24. A/B testing Simple and multivariate LumoLink - Web solutions that work
  • 25. Use Google Website Optimizer to optimize your landing pages for higher conversion. LumoLink - Web solutions that work
  • 26. Above the fold Reduce unnecessary scrolling LumoLink - Web solutions that work
  • 27. Make sure your most important content displayed in the first 600 pixels. This will make it visible to visitors right away without scrolling. You can use http://browsersize.googlelabs.com/ to see where your layout needs optimizing. LumoLink - Web solutions that work
  • 28. AdWords Conversion tracking will save you money LumoLink - Web solutions that work
  • 29. Setup conversion tracking in AdWords and optimize your cost of conversion. This allows you to track your cost of acquisition and allows AdWords to optimize campaigns for better conversion. This also allows you to get rid of keywords that don’t bring conversion. LumoLink - Web solutions that work
  • 30. AdWords allows you to switch to CPA (Cost Per Action) type of bidding where you pay for conversions. LumoLink - Web solutions that work
  • 31. SPEEEEEEEEEDDDDDD! Faster your site = More purchases LumoLink - Web solutions that work
  • 32. Use Google Webmaster tools and Google Analytics to see how fast is your website LumoLink - Web solutions that work
  • 33. SEO in the nutshell - unique and frequently updated content - h1 - meta tags - links - meta data in general LumoLink - Web solutions that work
  • 34. Video Utilizing video can improve conversion and even search engine ranking LumoLink - Web solutions that work
  • 35. Some cool tools LumoLink - Web solutions that work
  • 36. UserFly records your visitors sessions to videos that you can use to analyze customer’s shopping behavior. LumoLink - Web solutions that work
  • 37. Real time chat providers like Olark will allow you to easily setup real time chat on your website which can even further optimize your conversion. LumoLink - Web solutions that work
  • 38. Image credits • http://www.sxc.hu/photo/1287373 LumoLink - Web solutions that work
  • 39. Thank you! Connect with me via Email / Twitter / LinkedIn / Facebook / FriendFeed Follow LumoLink on: Twitter / LinkedIn / Facebook / FriendFeed www.lumolink.com LumoLink - Web solutions that work