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13 Ways to Increase Your Conversion Rate Right Now

Tips for improving conversion rate

Increasing your conversion rates is absolutely crucial. Having a good conversion rate is the foundation of high sales volume.

First things first: Your website needs a goal

When I review websites, I ask people about their #1 business goal – the main action they want people to take on their site.

Why? You can only evaluate a website against a goal – how effective is it in achieving it? If you don’t have a goal, there is no way to improve the site. You can only improve what you can measure.

Some people tell me their goal is for people to “read about their products.” No. That is not a business goal. A goal you should go after is an action other than reading:  sign-up, purchase, clicking something, ordering something.

If your goal is for people to read the text on your site, you need a new goal.

If you want to master conversion optimization and analytics, enroll in CXL today. If you want to know 13 things you can do right now, here you go:

1. Do A/B testing

In real estate it’s about location, location, location. In conversion optimization, it’s testing, testing, testing. Experimentation is the best way to mitigate risk in decision making while allowing your creative teams room for innovation and exploration of new opportunities.

Wait! What’s A/B testing in the first place?

A/B testing (or split testing) is a technique for increasing your website’s conversion rate (that’s its ability to turn visitors into customers). If you had two possible headlines for your page and you couldn’t decide which to use, you could run an A/B split test to see which one works better.

You create two alternative versions of your page (page A and page B), each with a different headline. A/B testing software directs 50% of the incoming traffic to page A and 50% to page B. Both pages have a call to action, and in the end you count how many people took the action.

The page with more conversions (more people taking action) wins.

Your goal should be to have at least one, and preferably several A/B tests running at any given time on your site. There’s no such thing as “perfect” when it comes to marketing, your website, or product design, and the only way you learn about what works and doesn’t work is to continually test.

 

Deciding what to test

Marketers usually guess what factors to concentrate on and mess around testing things that have little or no impact on users or conversion goals. What you should do instead is use the data available to you to spot the most important projects to focus on.

Depending on the stage of your company and the structure of your organization, you’ll have a varying level of data available for use. Some companies are swimming in data and don’t know what to do with it all. Others are struggling to implement Events in Google Analytics.

No worries. We built a model any company can use to explore and analyze data (both qualitative and quantitative) to come up with endless test hypotheses. It’s called ResearchXL. Read more about it here.

To help you decide what tests you want to do, consider the potential revenue each test may bring as well as the resources required to get it live, and rank tests accordingly. There are many prioritization models out there, but we created the PXL model specifically for CRO projects. It puts empirical data at the center of any prioritization and scores on a binary model (it either is or it isn’t). This removes a lot of subjectivity. Read more about PXL here.

It’s important to test one hypothesis at a time – otherwise you won’t know which change made the difference.

Some elements on a webpage tend to have higher effects on average than other elements. If you’re just starting out, in addition to what the data tells you, direct your attention towards these things:

What to use for testing

Many entrepreneurs spend money buying expensive testing software before they actually understand how to implement a conversion rate optimization process. You don’t need to spend much.

If you have the traffic for it, you should test. If you don’t have enough traffic, it’s probably not worth your time because your results will be questionable. Still, there are things you can do for conversion optimization with low traffic.

Testing should also never end. As soon as you have a winning page, try to build on that and test something else.

Incremental positive changes lead to substantial growth.

2. Create a compelling and clear value proposition

The potential of your conversion rate is determined by the value proposition, making it the most important conversion factor.

What exactly is a value proposition?

It’s the primary reason a prospect should buy from you. Customers not only want to know “What’s in it for me?” but “Why buy from you?”

If you had just 10 words to explain why people should buy from you instead of the competition, what would you say?

Many marketers try to improve results by changing page elements like font colors and sizes, button shapes, images, incentives, and so on, when the first step should really be focusing on strengthening their value propositions.

If your home page or the product page says “Welcome!” or lists just the name of your company or the product, you’re missing out. Note that there is a difference between the value proposition for your company and your product. You must address both.

What makes a good value proposition?

Crafting a value proposition requires substantial reflection on what is unique about your company and your products and services. Having a powerful value proposition is not enough; it must be communicated effectively to achieve optimal results. You need to refine your value proposition until you can articulate it in a single, instantly credible sentence.

However hard you work on expressing your value proposition, to know its true effectiveness you must test to see how it resonates with your ideal prospect. Optimizing value propositions is a continual process that involves identifying, expressing, and testing/measuring. Use A/B testing to do it.

3. Set up a sales funnel

Sometimes what kills your conversions is that you’re asking for the sale (signup, whatever) too fast. People might be “just browsing,” not be psychologically ready or not in a hurry to buy right now.

The more expensive and/or complicated the product, the more time people need before they’re ready to commit. 

As I mentioned earlier, for software products sometimes offering a demo or a free trial instead of asking for a signup or purchase can bring significant improvement in conversions. But in many cases you need to just slow down and build a sales funnel to build trust, develop relationship and prove your expertise.

Let’s say your product is an online course on DIY home repair. Here’s how you should go about it.

What the visitor wants

What you want

How to do it

Some people say it takes at least 7 contacts with a prospective buyer before they’re ready to buy from you. I haven’t seen any recent research to back this up, but I know for a fact that the longer and deeper your relationship with the prospect, the more likely they are to buy from you.

So slow down. Offer value and results in advance, way before asking for the sale. Just capture their email address so you can continue talking to them and bringing them closer to the point of purchase.

4. Cut the jargon

Clarity trumps persuasion, always.

Recently I came upon a site with the following value proposition:

“Revenue-focused marketing automation & sales effectiveness solutions unleash collaboration throughout the revenue cycle”

What does it mean? Can you now explain what they do and how is it useful to you? Not really, right?

Do not try to woo people with fancy, complicated business language – it just doesn’t work

You write for people – it’s people who read your site. Marketing directors and Purchasing Managers are people too. Don’t write for companies, write for people.

Clarity is something that I see marketers constantly struggling with. The best way to re-phrase all of the marketing speak on your site is to imagine you’re explaining your product to your close friend. If there’s a sentence worded in a way that you wouldn’t use in a conversation with a friend, re-word it. As Paul Graham said, “write like you talk.”

5. Address objections

Whenever people read your offer, there will be friction. They’ll have some conscious and sub-conscious objections to what you’re saying and hesitations about taking the offer.

During in-person sales, we can uncover those hesitations with questions and address the concerns, but online it’s more difficult. The solution is to prevent those objects by addressing all the possible issues in your sales copy right away.

Step one – create a list of all the possible hesitations and objections your potential customers might have. Step two, add info to your sales copy to eliminate or alleviate those concerns. The list can contains things like:

…and so on. It’s important to come up with as long list as you can. Seek external input, do user testing and ask your customers to figure out what all they might be concerned about.

Bonus tip: use on-site surveys to pinpoint visitor frustrations. This way you can get real feedback from actual visitors in real-time, while they are experiencing your website. Read this article to learn more.

6. Increase trust

Let’s say you walk down the street, and some random dude comes up to you. “Hey, wanna buy an iPad? Just $50. It’s brand new.” Would you buy it?

You know the product is good. You know it’s a really good deal. But you probably wouldn’t still buy it. Why? Because you don’t trust him.

Sales guru Zig Ziglar once said that there are only 4 reasons why people won’t buy from you:

We can’t do much about the first 3 reasons, but we can build trust. Add trust elements to your website and see your conversions increase.

So what makes people trust a website? The good thing is that Stanford Persuasive Technology Lab has studied this over the years and has the answer.

Here’s the list, make sure your website has all of the items present:

7. Make it easy to buy from you

Make doing business with you as easy as possible. Your users should not have to figure out how to buy from you or where to click. It has to be intuitive and self-evident. As few clicks as possible.

Could your grandma figure out how to buy from your site within a minute or two?

8. Communicate value

A common mistake marketers make is that they do not provide enough information about the products and services they sell.

Let’s take this chair, for instance. Let’s describe it like this (all true facts):

Price: $869.

Would you pay $869 based on what I just listed here?

No, that would be ridiculous. Yet so many sites do exactly that (luckily the maker of this chair provides more info than that).  They just list a bunch of bullet points with features along with the price.

The best way to sell products and services is to to add as much information about them as is possible. Pages and pages and pages, videos and images. It’s true that 79% of people won’t read it all, but 16% read everything! That 16% is your main target group.

If one reads all of the product info and is not convinced yet, you have a problem. But if one is convinced after reading just 1/4, they can skip the rest and just complete the purchase right away. Up to 50% of potential sales are lost due to inadequate information, says IDC, a global research company.

You need to provide enough information so that the prospect could convince themselves

Add pictures, videos, reviews to all of your products. Intelligent, neutral and benefit-oriented sales copy works the best. Take a look at Amazon – they manage to create sufficient content for most products they sell, and they sell millions of products.

Aah, and list the price AFTER you communicate the value. Otherwise people might make a snap judgement based on the price without reading the value it offers.

9. Offer proof

Whatever you claim, you need to back it up with proof. People are skeptical and they want to see the evidence.

So what kind of proof can you provide?

Go over all the claims you make in your sales page and figure out how to add some proof.

10. Remove distractions

This is big. You want people to focus on a single action and not be distracted from it.

Are there items on the page that could divert the visitor away the from the goal?

The more visual inputs and action options your visitors has to process, the less likely they are to make a conversion decision. Minimizing distractions like unnecessary product options, links, and extraneous information will increase the conversion rate.

On your landing pages and product pages, remove or minimize everything that is not relevant to users taking action.

Ask yourself is there anything else that you could take off page, something that is NOT contributing to the conversion?

11. Compare yourself with the competition before your visitors do

Every product and service has its competitors – direct and indirect. Research shows clearly that people do their homework before purchasing a product and compare among providers. It seldom happens that someone will buy your product without checking out your competition first.

Taking that into account, use it to your advantage – compare your products to competing products before users do.

People are lazy. More often people compare things without giving it a lot of thought – they just look at the price and main features. For example when choosing web hosting they look at the server space and monthly payment and that’s it. You, as an expert in your field, know that actually many other things should be considered.

When it’s you doing the comparison, you can point out the things you feel are your biggest advantages over the alternatives. If your product is more expensive than others, then this is your chance to explain why.

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What if your competition is already doing it?

Imagine if your competitor is openly comparing your services and making it look like their offer is superior, and you don’t provide any information on why your product is better? A large number of people will take that competing offer.

Another benefit to adding product comparison pages to your website is that it can keep people from leaving your website. They can already do the comparison on your site, so why leave? It won’t keep all of them on your site, but you’ll definitely win over a good portion of visitors.

How to do the comparisons?

This depends on your product. If it’s a pure spec­-based product like say, a laptop, you can compare the specs (battery life, disk space, RAM etc) in a traditional table. If your product is more complex, use a more descriptive comparison.

If some of the specs are lower than the competition’s, point out that maybe your support is way better or you provide personal consulting or its more green or whatever. Also, admitting your shortcomings is a good thing – it makes the rest of your case more believable.

The traditional way is using tables like this, but probably you can come up with better, more creative ways.

12. Reduce or remove risk

Whenever there’s a transaction, there’s risk. Usually the vendor has the buyer carry most of the risk. If the risk seems to big, the purchase won’t take place.

Offer guarantees to eliminate or reduce the perceived risks your prospects might have. Here are some examples of great guarantees:

30-day money-back guarantee is like the industry standard and you should definitely not offer any less. Try to do better than that.

A/B test various guarantees to find out what works best.

13. Add incentives to take action right away

Is there an indication that the action needs to be taken now? The tone of the presentation, offers and deadlines can all influence urgency. I bet you have seen urgency notifications like this before:

It might seem obvious to some and some might think it can’t possibly work, but it does and very, very well. Nothing creates urgency like scarcity.

There’s 2 kinds of of scarcity you can create:

If the supply of your product is endless, you can give out time-sensitive bonuses, a free gift to first X amount of buyers or a discount if they complete the purchase within a certain time frame.

Word of advice: the reason for scarcity has to be authentic. Do not lie to your customers, ever. If it’s fake scarcity, people will know, and your trustworthiness plummets. It’s not worth it.

Thank you for reading. Until next time.

What You Should Do Right Now

Follow me on Twitter for more conversion and business building advice: @peeplaja.

You can also download a PDF summary with 3 bonus conversion tips:

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