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Conversion Rate Optimisation
           = CRO
Background
What is Conversion Rate Optimisation?
The Amazon Example

                     First Website
Amazon – Continual Improvement


Late 90s   Early 2000’s   Mid 2000’s   Late 2000’s   Today
Managing Conversion = Revenue
Source: Marketmotive 2011
The Evolution Of CRO




• Reliable       • On-line          • A/B/n testing   • Multivariate   • Content Targeting   • Automated
                 Surveys                                Testing                                Optimisation
infrastructure                                                         •Targeting offers
                 • Usability labs                     •Know what        and services         •Optimal
•You know                                              your             relevant to           experience
 what your                                             audience         segment               for every
 audience                                              WANTS to do                            interaction
 DID                                                   and WHY
 (analytics)                                                                                 •Across all
                                                                                              channels and
                                                                                              media
How is Everyone Testing?
How to Approach CRO
Approach To CRO

                                               Benchmarking
                                                                 Site
                                                                Audit

                                      Goals

                                                                        Data Analysis

                                                    Discovery




                          Scope
                                                                                         Performance
                                                                                         Prioritisation
            Test
            Spec




                               Test                                           Strategy              Roadmap
        Design




                                                                                           Test
                   Execution          Report                                             Strategy
Discovery
Discovery Starts With Asking Questions?




 What is your conversion at each stage of the conversion funnel?
Persuasion Site Audit



              Persuasive


              Intuitive



               Usable



              Accessible


              Functional
Strategy
Testing
Typical Testing Options Roadmap
                                             MVT Testing


                             A/B n Testing



               A/B Testing



Landing Page




                                                           Complexity
                                   Time
InfoGraphic




              http://www.angelinvestmentnetwork.net/2013-02/infographic-
              how-sales-messaging-affects-conversion-rates
Case Studies
Testing Trust Elements


                         • Adding ticks improved performance
                           by 1.41%

                         • Replacing ‘VeriSign’ with FTSE and
                           other associated logo’s improved
                           performance by 9.87%

                         • Overall winner improved
                           performance by 24.54%
Testing Call to Action & Affective Design




                       B                C

                                            WINNER




     D                 E                F
Best Performing Page – Variant F

Winning Variant Changes

• The leading variant
  dominated the other
  variants from the outset
  and ended with a 327.37%
  uplift against the control.
Testing Call to Action & Value Proposition

Report Page Background

• Call to action below the fold.
• Value proposition below the fold.
• No clear primary or secondary call to
  action.
• Eye tracking confirmed possible ‘banner
  blindness’.
• Content links send users to a pay wall with
  no warning message.
• Images are bland.
• Headline copy is too long.
Challenger Variants

                      WINNER
Winning Variant
Control Page                                     Optimal Layout
                                                                                 48.14%
                                                                                   Lift




               Experiment Page Predicted Conversion Rate (confidence interval)
                Control Page                  1.24% (+/- 0.36%)

               Winning Page                   1.83% (+/- 0.42%)
Winning Variant Metrics
                                       WINNER

 Winning Variant

 •   Monthly Subs uplift: 182
 •   Monthly revenue uplift: $14,477
 •   6 Month uplift: $86,865
 •   12 Month uplift $173,730
Summary
Summary
 Top 5 Tips/Tool to test right now

   1.What is CRO?
     →Turning Visors into Customers
   2.How do you do it?
     →Continual incremental changes
   3.What methods do I employ?
     →Discovery | Strategy | Test
Tools That Can Be Deployed For Visitor
Insight
THANKS

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Conversion Rate Optimisation - Perth Conference 2013

  • 2.
  • 4. What is Conversion Rate Optimisation?
  • 5. The Amazon Example First Website
  • 6. Amazon – Continual Improvement Late 90s Early 2000’s Mid 2000’s Late 2000’s Today
  • 9. The Evolution Of CRO • Reliable • On-line • A/B/n testing • Multivariate • Content Targeting • Automated Surveys Testing Optimisation infrastructure •Targeting offers • Usability labs •Know what and services •Optimal •You know your relevant to experience what your audience segment for every audience WANTS to do interaction DID and WHY (analytics) •Across all channels and media
  • 10. How is Everyone Testing?
  • 12. Approach To CRO Benchmarking Site Audit Goals Data Analysis Discovery Scope Performance Prioritisation Test Spec Test Strategy Roadmap Design Test Execution Report Strategy
  • 14. Discovery Starts With Asking Questions? What is your conversion at each stage of the conversion funnel?
  • 15. Persuasion Site Audit Persuasive Intuitive Usable Accessible Functional
  • 18. Typical Testing Options Roadmap MVT Testing A/B n Testing A/B Testing Landing Page Complexity Time
  • 19. InfoGraphic http://www.angelinvestmentnetwork.net/2013-02/infographic- how-sales-messaging-affects-conversion-rates
  • 21. Testing Trust Elements • Adding ticks improved performance by 1.41% • Replacing ‘VeriSign’ with FTSE and other associated logo’s improved performance by 9.87% • Overall winner improved performance by 24.54%
  • 22. Testing Call to Action & Affective Design B C WINNER D E F
  • 23. Best Performing Page – Variant F Winning Variant Changes • The leading variant dominated the other variants from the outset and ended with a 327.37% uplift against the control.
  • 24. Testing Call to Action & Value Proposition Report Page Background • Call to action below the fold. • Value proposition below the fold. • No clear primary or secondary call to action. • Eye tracking confirmed possible ‘banner blindness’. • Content links send users to a pay wall with no warning message. • Images are bland. • Headline copy is too long.
  • 26. Winning Variant Control Page Optimal Layout 48.14% Lift Experiment Page Predicted Conversion Rate (confidence interval) Control Page 1.24% (+/- 0.36%) Winning Page 1.83% (+/- 0.42%)
  • 27. Winning Variant Metrics WINNER Winning Variant • Monthly Subs uplift: 182 • Monthly revenue uplift: $14,477 • 6 Month uplift: $86,865 • 12 Month uplift $173,730
  • 29. Summary Top 5 Tips/Tool to test right now 1.What is CRO? →Turning Visors into Customers 2.How do you do it? →Continual incremental changes 3.What methods do I employ? →Discovery | Strategy | Test
  • 30. Tools That Can Be Deployed For Visitor Insight