5 Tactics to Improve Your Website's Conversion Rate
Conversion Confusion: Today's post is the Digital Marketer's Simplified Guide to improving ROI through Conversion Rate Optimization. Say goodbye to tactics that don't deliver results!
So you want to learn how to improve your conversion rate? Great! Here are 5 tips to work smarter, not harder to turn new leads into new customers. But first, let's get back to basics and define what a Conversion is, how to calculate Conversion Rate, and how to properly execute Conversion Rate Optimization (CRO).
What is Conversion?
- Making a purchase
- Joining your email list
- Booking a call
- Submitting a form
- Following a Link
It is important to note that the significance of this number is relative to the total number of site visitors and your industry. For instance a site with 100% conversion rate with 1 visitor is not as successful as a site with 10,000 visitors and a 5% conversion rate. But again, success can only truly be measured against your organization's goals.
What is Conversion Rate Optimization:
We have all visited websites that are so full of images, videos, chat boxes, and popups that it starts to feel so overwhelming, we immediately exit. Simplify your landing page to the essentials that make it clear and easy to navigate.
A successful web design maps out the customer journey from the landing page and makes it easy for the customer to complete the desired action. The easier you make the initial step, the greater chance there is of your visitors taking action and following through to the end (Hotjar, 2021).
Gone are the days that generic copy for CTAs will do--now, you should ensure that they are engaging and specific. A good formula for this is "Yes, I want [your offer]" because the psychology of starting with 'Yes' positions the offer in a positive light (Daily Egg, 2020).
It's easy to get lost in fixing all the other components of your website in the hopes of improving your conversion rate, only to overlook the fact that your offer may just not be resonating with visitors. Experimenting with this allows you to gauge what offers excite your audience, and which offers fall flat.
A/B and Multivariate testing allow you to test your web changes and the impact those changes by sending a predetermined percentage of your traffic to the original and modified landing pages. Doing so quantifies the results of the separate pages so you can ensure that any permanent changes yield positive results.
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Hi Maggie,
ReplyDeleteNice blog design. Your 5 simple tactics to optimize conversions was enlightening. I think Try Another Offer was very useful because I can see a digital marketing analyst getting caught up in making adjustments to the website to how convert someone and not realizing that maybe customers are not attracted or motivated by your product offer. Digital marketing tactics cannot take the place of a good product, proper pricing, and timing. Distractions are another that will cause me to simply leave a website. If I have a hard time finding what I am looking for I move on. I think you might find this useful from my blog on the topic: "A summary of many industries finds the average landing page conversion rate about 2.5% with top performers coming in at over 5.3%. The top 10% in conversion rate are average 11.45 and above (What’s a Good Conversion Rate? (It’s Higher Than You Think), 2020)."