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Conversion Rate Optimization
Or: How I Learned to Stop Worrying and Love A/B Testing
Andrei Marinescu
Agenda
● What’s Conversion Rate Optimization (CRO)?
● Landing Pages: Examples & Best Practices
● The Rest of the Funnel: Best Practices
● Case Study: Hulu
● A/B Testing
● Walk-through: Ring
● AMA
Version A
Version B
Which version won out?
● Version B!
○ Increased completed trial submissions by 38%
● Why?
○ One-line headline
○ Sub-headline
○ Tweaked copy
Conversion Rate Optimization
“Get as many leads as
possible to take your
intended action.”
Why is CRO important?
● This is your funnel:
● > 90% of your traffic abandons
● Change = impact
○ Not just traffic; acquisition cost!
Landing page best practices
● Short, succinct value proposition(s)
● Clear, compelling hero image
● Prominent, single CTA
● No exit paths out of funnel
● Sufficient information to drive conversion
Sample Landing Pages
Broader funnel best practices
● Capture email up-front
● No/limited exit paths
● Price presentation: simple, clear, and comparable
● Anticipate & address customer objections
● Use breadcrumb trail to set expectations
● Forms
○ Only ask for minimum necessary info
○ Place labels above fields
○ Align fields, labels along a straight line (left-justified)
○ Define field criteria and syntax requirements
● Use free trial/sample to reduce perceived commitment
Sample Funnel Elements
Case Study: Hulu
Home Page Evolution
Landing Page Evolution
Funnel Evolution
A/B Testing
● Process is KEY
● Create a pipeline of testing hypotheses (force-rank)
● ID & remove operational bottlenecks
○ Design, front-end development, data analytics
● Have solid analytics in place
● Optimize your cadence
○ Build
○ Test
○ Analyze
○ Repeat
Walk-through: Ring
AMA
THANK YOU
Andrei Marinescu
andrei@500startups.com
@malaparte
Appendix
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