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How to Prepare for the
Economic Uncertainty
with Conversion Rate
Optimization
BUDGET CUTS?
Today’s Logistics
Katherine Bishop
Marketing Coordinator
Recording & slides will be in your inbox
shortly after the session
Download relevant resources
Join our chat and submit questions for live Q&A
Log back anytime with same link
Join our poll questions - including if you want to talk to
our teams after!
WE’VE MASTERED THE
MEDIA THAT
MATTERS MOST
Tinuiti is the largest independent performance
marketing firm across Streaming TV and the
Triopoly of Google, Facebook, Amazon.
Employees
Media managed
Award-winning
culture*
$3B
#1
1000+
Some of
Our Clients
Our
Recognition
For Commerce Leaders Of Today And The Future
Our Speaker
KENDALL GIGLIO
VP, Web Solutions
Leveraging CRO To Navigate Economic Uncertainty
LANDING
First impressions
and getting visitors
to stay
CONVERTING
Optimizing and testing
the right things at the
right time
ENGAGING
Establishing momentum
through trust, value and
strong UX
6
LANDING PAGE RELEVANCY
DESIGNATED LANDING PAGES
CREDIBILITY & TRANSPARENCY
SALES & INCENTIVES
CHECKOUT FUNNEL
MICRO/MACRO
CONVERSION
RESEARCH &
EXECUTION
The Changing Landscape
If Money & Resources Were No Object, How
Would You Choose To Leverage CRO?
● Go big or go home: I’m redesigning my entire site
● Know all the things: Research, analysis & audit for key
learnings
● Testing FTW: Test, test, and then test some more (did I
mention testing?)
● Big spender: If I have the money, I’m doing all of the above
and then some
POLL
The Changing Landscape
8
Google Search Ads
A decrease in spend
Down from Q2’s 18% growth, and Q1’s 23%
15%
9
LANDSCAPE
Spend Growth On Meta Properties
Advertiser spend declines YoY
Across Facebook, Instagram, Messenger, and the Meta
Audience Network 1%
10
LANDSCAPE
The Economic Impact On Retail
11
LANDSCAPE
Sales generated were up 14% but orders
were up by just 6%
Half of retailers saw flat or declining order
volume
Inventory: Not Enough or Too Much
12
LANDSCAPE
The Upcoming Holidays
13
What this means for your customers
● Decreased motivation
● Decreased urgency
What this means for your business
● Increased brand credibility
● Increased perceived value
LANDSCAPE
The Upcoming Holidays
14
What this means for your customers
● Increased anxiety
● Increased hesitancy
What this means for your business
● Increased transparency
● Increased incentive
LANDSCAPE
Where to Begin
15
Leveraging CRO to Navigate Economic Uncertainty
LANDING
First impressions
and getting visitors
to stay
CONVERTING
Optimizing and testing
the right things at the
right time
ENGAGING
Establishing momentum
through trust, value and
strong UX
LANDING PAGE RELEVANCY
DESIGNATED LANDING PAGES
CREDIBILITY & TRANSPARENCY
SALES & INCENTIVES
CHECKOUT FUNNEL
MICRO/MACRO
CONVERSION
16
RESEARCH &
EXECUTION
Screenshot
Relevancy: Match the Query
A SEARCH FOR RAIN BOOTS
● Women
● Men
● Kids
WHAT CAUSED THE CLICK?
We will have no way of knowing what within the
ad drove the decision to click through
17
LANDING
Screenshot
Relevancy: Match the Query
CONSIDER TESTING
Driving traffic to a non-gender specific page in
which navigation options are clearly defined
18
LANDING
Screenshot
Screenshot
Relevancy: Clearly Identify Yourself
CAN IT BE SEEN?
● You have less than 3 seconds
● Keep it clear
● Keep it obvious
19
LANDING
Screenshot
Screenshot
Relevancy: Be Specific
EVERY DETAIL MATTERS
● Remove the guesswork
● Ensure you are addressing the need
● Don’t peak their interest and then leave them
hanging
20
LANDING
Screenshot
Screenshot
Relevancy: Maintain the Intent
IT’S NOT JUST ABOUT THE COPY
● If it’s not obvious, it’s lost
● Every element matters
● Users should want to stay and engage, give them
reason to
● An incentive is useless if users can’t identify the
reason they wanted it
21
LANDING
One Size Does Not Fit All: The Results
22
LANDING
One Size Does Not Fit All
23
LANDING
CVR
+108%
Relevancy: What About The Homepage?
ESTABLISH YOUR UVP
Front and center
● Big and bold
● Clear and concise
GET THEM THERE
Quickly, no distractions
● Choices = anxiety
● Noise = bounce
ENGAGEMENT
24
LANDING
Consider Your Options
QA IT
Cross check your Ads against your
landing pages to avoid glaring
relevancy issues
REDIRECT IT
Determine if other pages within your
site are better suited for the traffic
arriving
BUILD IT
Leverage an LP build tool to easily
and quickly set up, design and
duplicate at scale
25
LANDING
Leveraging CRO To Navigate Economic Uncertainty
LANDING
First impressions
and getting visitors
to stay
CONVERTING
Optimizing and testing
the right things at the
right time
ENGAGING
Establishing momentum
through trust, value and
strong UX
LANDING PAGE RELEVANCY
DESIGNATED LANDING PAGES
CREDIBILITY & TRANSPARENCY
SALES & INCENTIVES
CHECKOUT FUNNEL
MICRO/MACRO
CONVERSION
26
RESEARCH &
EXECUTION
- Flint McGlaughlin, “The Marketer as Philosopher”
“The marketer must make value
visual; the marketer must
make value perceived. The
marketer must make value
believed .”
27
Brand Trust
28
ENGAGING
Your website is a vehicle to establish your credibility. No
one is eager to give their money to someone they don’t
trust
Where customers are expecting you to establish trust:
● Quality/value
● Security
● Shipping
● Inventory
Review Placement Matters
29
ENGAGING
Review Placement Matters: Results
30
ENGAGING
CVR
+11.44%
Product Availability
31
ENGAGING
ADDRESS THE ELEPHANT IN THE ROOM
● Is it in stock? Will I get it in time?
● If you can’t provide the product, provide peace of mind
● Be transparent with what you have…and what you don’t
In-Stock Call Out: Mobile Product Description Page
32
ENGAGING
In-Stock Call Out: Results
33
ENGAGING
Revenue
+4.77%
Transactions
+2.77%
In-Stock Call Out: Desktop Product Listing Page
34
ENGAGING
In-Stock Call Out: Results
35
ENGAGING
Revenue
+1.86%
Incentive: Free Shipping
FREE SHIPPING IS A POWERFUL MOTIVATOR
People prefer free shipping over a % off discount, which
would actually save them more
● Language
● Placement
● Presentation
36
ENGAGING
Free Shipping Messaging
37
ENGAGING
Free Shipping Messaging: Results
38
ENGAGING
Transactions
+5%
Revenue
+13%
Incentive: Promo Codes
PEOPLE ARE MOTIVATED TO SAVE
Promo codes ultimately either help or hinder your
conversion rates
Visitors will navigate away from your site to locate a
promo elsewhere. The challenge is making sure they
return
39
ENGAGING
Decreasing Promo Code Box
40
ENGAGING
Decreasing Promo Code Box: Results
41
ENGAGING
Transactions
+3%
Leveraging CRO To Navigate Economic Uncertainty
LANDING
First impressions
and getting visitors
to stay
CONVERTING
Optimizing and testing
the right things at the
right time
ENGAGING
Establishing momentum
through trust, value and
strong UX
LANDING PAGE RELEVANCY
DESIGNATED LANDING PAGES
CREDIBILITY & TRANSPARENCY
SALES & INCENTIVES
CHECKOUT FUNNEL
MICRO/MACRO
CONVERSION
42
RESEARCH &
EXECUTION
Double Down On Checkout
43
CONVERTING
CART ABANDONMENT
Typically the highest point to abandonment and drop off,
you should be pressing in to identify areas for
improvement and removal of speed bumps
● Unnecessary distractions
● Guest checkout
● Upfront costs & fees
Streamlining Guest Checkout
44
CONVERTING
Streamlining Guest Checkout: Results
45
CONVERTING
Transactions
(desktop)
+20%
The Impact Of Micro On The Macro
46
CONVERTING
Revenue
+13%
Bookings
+1%
CVR
+12%
Testing A Shift In Strategy
WHAT’S THE IMPACT?
● Improved margins
● Increased revenue
● Peace of mind
47
vs.
CONVERTING
Give The People A Voice
48
CONVERTING
Your visitors will tell you what they
like and don’t like, but are you willing
to listen to them?
Put On Your Listening Ears
49
CONVERTING
Heat Mapping
Heat Mapping
Scroll Mapping
User Videos
User Polling
Making Behavior-Based Decisions
50
CONVERTING
Quantitative tools will tell you what the problem is, but
they won’t tell you why it’s a problem in the first place
Big impact changes can be the result of low-lift analysis
● Scroll depth
● Time to click
● Rage clicking
Get By With A Little Help From Your Friends
51
CONVERTING
Best For:
● New designs
● Quick analysis
● Competitive
comparison
Best For:
● Heat/scroll maps
● User videos
● Polling
Best For:
● Preference testing
● 5 second testing
● First-click testing
Best For:
● User testing
In Closing
52
Leveraging CRO To Navigate Economic Uncertainty
LANDING
First impressions
and getting visitors
to stay
CONVERTING
Optimizing and testing
the right things at the
right time
ENGAGING
Establishing momentum
through trust, value and
strong UX
LANDING PAGE RELEVANCY
DESIGNATED LANDING PAGES
CREDIBILITY & TRANSPARENCY
SALES & INCENTIVES
CHECKOUT FUNNEL
MICRO/MACRO
CONVERSION
53
RESEARCH &
EXECUTION
1. Relevancy matters: make sure your pages aren’t
leaving your traffic lost and unsatisfied
2. Clearly establish brand trust: if not from you, they
will get it somewhere else. It should be you.
3. Inventory matters: ease anxiety up front while
removing any opportunity for hesitancy
4. Not all incentives are created equal: free
(on-time) shipping is most appealing
5. Stop checkout leaks: don’t neglect the area most
likely to experience the highest abandonment
6. All touchpoints matter: the path to conversion has
multiple interactions - optimize them
7. Put on your listening ears: if you aren’t proactively
listening, you’re proactively losing money
Key Takeaways
54
Schedule Your
Consultation
with a Conversion
Rate Optimization
Expert
Q&A
KENDALL GIGLIO
VP, Web Solutions
57
Stay informed
on the future of
digital marketing
Visit our content hub
➜
Thank you!

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Budget Cuts? How to Prepare for the Economic Uncertainty with Conversion Rate Optimization

  • 1. How to Prepare for the Economic Uncertainty with Conversion Rate Optimization BUDGET CUTS?
  • 2. Today’s Logistics Katherine Bishop Marketing Coordinator Recording & slides will be in your inbox shortly after the session Download relevant resources Join our chat and submit questions for live Q&A Log back anytime with same link Join our poll questions - including if you want to talk to our teams after!
  • 3. WE’VE MASTERED THE MEDIA THAT MATTERS MOST Tinuiti is the largest independent performance marketing firm across Streaming TV and the Triopoly of Google, Facebook, Amazon. Employees Media managed Award-winning culture* $3B #1 1000+
  • 4. Some of Our Clients Our Recognition For Commerce Leaders Of Today And The Future
  • 6. Leveraging CRO To Navigate Economic Uncertainty LANDING First impressions and getting visitors to stay CONVERTING Optimizing and testing the right things at the right time ENGAGING Establishing momentum through trust, value and strong UX 6 LANDING PAGE RELEVANCY DESIGNATED LANDING PAGES CREDIBILITY & TRANSPARENCY SALES & INCENTIVES CHECKOUT FUNNEL MICRO/MACRO CONVERSION RESEARCH & EXECUTION The Changing Landscape
  • 7. If Money & Resources Were No Object, How Would You Choose To Leverage CRO? ● Go big or go home: I’m redesigning my entire site ● Know all the things: Research, analysis & audit for key learnings ● Testing FTW: Test, test, and then test some more (did I mention testing?) ● Big spender: If I have the money, I’m doing all of the above and then some POLL
  • 9. Google Search Ads A decrease in spend Down from Q2’s 18% growth, and Q1’s 23% 15% 9 LANDSCAPE
  • 10. Spend Growth On Meta Properties Advertiser spend declines YoY Across Facebook, Instagram, Messenger, and the Meta Audience Network 1% 10 LANDSCAPE
  • 11. The Economic Impact On Retail 11 LANDSCAPE Sales generated were up 14% but orders were up by just 6% Half of retailers saw flat or declining order volume
  • 12. Inventory: Not Enough or Too Much 12 LANDSCAPE
  • 13. The Upcoming Holidays 13 What this means for your customers ● Decreased motivation ● Decreased urgency What this means for your business ● Increased brand credibility ● Increased perceived value LANDSCAPE
  • 14. The Upcoming Holidays 14 What this means for your customers ● Increased anxiety ● Increased hesitancy What this means for your business ● Increased transparency ● Increased incentive LANDSCAPE
  • 16. Leveraging CRO to Navigate Economic Uncertainty LANDING First impressions and getting visitors to stay CONVERTING Optimizing and testing the right things at the right time ENGAGING Establishing momentum through trust, value and strong UX LANDING PAGE RELEVANCY DESIGNATED LANDING PAGES CREDIBILITY & TRANSPARENCY SALES & INCENTIVES CHECKOUT FUNNEL MICRO/MACRO CONVERSION 16 RESEARCH & EXECUTION
  • 17. Screenshot Relevancy: Match the Query A SEARCH FOR RAIN BOOTS ● Women ● Men ● Kids WHAT CAUSED THE CLICK? We will have no way of knowing what within the ad drove the decision to click through 17 LANDING
  • 18. Screenshot Relevancy: Match the Query CONSIDER TESTING Driving traffic to a non-gender specific page in which navigation options are clearly defined 18 LANDING
  • 19. Screenshot Screenshot Relevancy: Clearly Identify Yourself CAN IT BE SEEN? ● You have less than 3 seconds ● Keep it clear ● Keep it obvious 19 LANDING
  • 20. Screenshot Screenshot Relevancy: Be Specific EVERY DETAIL MATTERS ● Remove the guesswork ● Ensure you are addressing the need ● Don’t peak their interest and then leave them hanging 20 LANDING
  • 21. Screenshot Screenshot Relevancy: Maintain the Intent IT’S NOT JUST ABOUT THE COPY ● If it’s not obvious, it’s lost ● Every element matters ● Users should want to stay and engage, give them reason to ● An incentive is useless if users can’t identify the reason they wanted it 21 LANDING
  • 22. One Size Does Not Fit All: The Results 22 LANDING
  • 23. One Size Does Not Fit All 23 LANDING CVR +108%
  • 24. Relevancy: What About The Homepage? ESTABLISH YOUR UVP Front and center ● Big and bold ● Clear and concise GET THEM THERE Quickly, no distractions ● Choices = anxiety ● Noise = bounce ENGAGEMENT 24 LANDING
  • 25. Consider Your Options QA IT Cross check your Ads against your landing pages to avoid glaring relevancy issues REDIRECT IT Determine if other pages within your site are better suited for the traffic arriving BUILD IT Leverage an LP build tool to easily and quickly set up, design and duplicate at scale 25 LANDING
  • 26. Leveraging CRO To Navigate Economic Uncertainty LANDING First impressions and getting visitors to stay CONVERTING Optimizing and testing the right things at the right time ENGAGING Establishing momentum through trust, value and strong UX LANDING PAGE RELEVANCY DESIGNATED LANDING PAGES CREDIBILITY & TRANSPARENCY SALES & INCENTIVES CHECKOUT FUNNEL MICRO/MACRO CONVERSION 26 RESEARCH & EXECUTION
  • 27. - Flint McGlaughlin, “The Marketer as Philosopher” “The marketer must make value visual; the marketer must make value perceived. The marketer must make value believed .” 27
  • 28. Brand Trust 28 ENGAGING Your website is a vehicle to establish your credibility. No one is eager to give their money to someone they don’t trust Where customers are expecting you to establish trust: ● Quality/value ● Security ● Shipping ● Inventory
  • 30. Review Placement Matters: Results 30 ENGAGING CVR +11.44%
  • 31. Product Availability 31 ENGAGING ADDRESS THE ELEPHANT IN THE ROOM ● Is it in stock? Will I get it in time? ● If you can’t provide the product, provide peace of mind ● Be transparent with what you have…and what you don’t
  • 32. In-Stock Call Out: Mobile Product Description Page 32 ENGAGING
  • 33. In-Stock Call Out: Results 33 ENGAGING Revenue +4.77% Transactions +2.77%
  • 34. In-Stock Call Out: Desktop Product Listing Page 34 ENGAGING
  • 35. In-Stock Call Out: Results 35 ENGAGING Revenue +1.86%
  • 36. Incentive: Free Shipping FREE SHIPPING IS A POWERFUL MOTIVATOR People prefer free shipping over a % off discount, which would actually save them more ● Language ● Placement ● Presentation 36 ENGAGING
  • 38. Free Shipping Messaging: Results 38 ENGAGING Transactions +5% Revenue +13%
  • 39. Incentive: Promo Codes PEOPLE ARE MOTIVATED TO SAVE Promo codes ultimately either help or hinder your conversion rates Visitors will navigate away from your site to locate a promo elsewhere. The challenge is making sure they return 39 ENGAGING
  • 40. Decreasing Promo Code Box 40 ENGAGING
  • 41. Decreasing Promo Code Box: Results 41 ENGAGING Transactions +3%
  • 42. Leveraging CRO To Navigate Economic Uncertainty LANDING First impressions and getting visitors to stay CONVERTING Optimizing and testing the right things at the right time ENGAGING Establishing momentum through trust, value and strong UX LANDING PAGE RELEVANCY DESIGNATED LANDING PAGES CREDIBILITY & TRANSPARENCY SALES & INCENTIVES CHECKOUT FUNNEL MICRO/MACRO CONVERSION 42 RESEARCH & EXECUTION
  • 43. Double Down On Checkout 43 CONVERTING CART ABANDONMENT Typically the highest point to abandonment and drop off, you should be pressing in to identify areas for improvement and removal of speed bumps ● Unnecessary distractions ● Guest checkout ● Upfront costs & fees
  • 45. Streamlining Guest Checkout: Results 45 CONVERTING Transactions (desktop) +20%
  • 46. The Impact Of Micro On The Macro 46 CONVERTING Revenue +13% Bookings +1% CVR +12%
  • 47. Testing A Shift In Strategy WHAT’S THE IMPACT? ● Improved margins ● Increased revenue ● Peace of mind 47 vs. CONVERTING
  • 48. Give The People A Voice 48 CONVERTING Your visitors will tell you what they like and don’t like, but are you willing to listen to them?
  • 49. Put On Your Listening Ears 49 CONVERTING Heat Mapping Heat Mapping Scroll Mapping User Videos User Polling
  • 50. Making Behavior-Based Decisions 50 CONVERTING Quantitative tools will tell you what the problem is, but they won’t tell you why it’s a problem in the first place Big impact changes can be the result of low-lift analysis ● Scroll depth ● Time to click ● Rage clicking
  • 51. Get By With A Little Help From Your Friends 51 CONVERTING Best For: ● New designs ● Quick analysis ● Competitive comparison Best For: ● Heat/scroll maps ● User videos ● Polling Best For: ● Preference testing ● 5 second testing ● First-click testing Best For: ● User testing
  • 53. Leveraging CRO To Navigate Economic Uncertainty LANDING First impressions and getting visitors to stay CONVERTING Optimizing and testing the right things at the right time ENGAGING Establishing momentum through trust, value and strong UX LANDING PAGE RELEVANCY DESIGNATED LANDING PAGES CREDIBILITY & TRANSPARENCY SALES & INCENTIVES CHECKOUT FUNNEL MICRO/MACRO CONVERSION 53 RESEARCH & EXECUTION
  • 54. 1. Relevancy matters: make sure your pages aren’t leaving your traffic lost and unsatisfied 2. Clearly establish brand trust: if not from you, they will get it somewhere else. It should be you. 3. Inventory matters: ease anxiety up front while removing any opportunity for hesitancy 4. Not all incentives are created equal: free (on-time) shipping is most appealing 5. Stop checkout leaks: don’t neglect the area most likely to experience the highest abandonment 6. All touchpoints matter: the path to conversion has multiple interactions - optimize them 7. Put on your listening ears: if you aren’t proactively listening, you’re proactively losing money Key Takeaways 54
  • 55. Schedule Your Consultation with a Conversion Rate Optimization Expert
  • 57. 57 Stay informed on the future of digital marketing Visit our content hub ➜