Got A Conversion Question for Neil Patel? Ask Him During The Crazy Egg Conversion Talks

conversion talks with Neil Patel

Got conversion rate optimization questions? Wanna ask Neil Patel for help? Then join us for our weekly Crazy Egg Conversion Talks. Anyone can attend and ask as many questions as they’d like! Our first talk will be on May 5th, 2017 at 10 AM Pacific. Here are a few more details about the talks: Frequency: Weekly Duration: 1 Hour No sign-up required Learn From Neil Patel – Ask Him Direct Questions! Neil has been continually optimizing websites for over a decade and is an industry leader when it comes to traffic generation, growth hacks and conversion funnel improvements. Plus, he’s…

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Got A Conversion Question for Neil Patel? Ask Him During The Crazy Egg Conversion Talks

Moving From Photoshop And Illustrator To Sketch: A Few Tips For UI Designers

I’ve been a long time Photoshop and Illustrator user. Both programs are really useful and powerful, and they’ll remain a key part of any digital artist’s or designer’s toolset, including mine. However, for all user interface, web and icon design workflows, I recently converted to Sketch. Here is why.

Moving From Photoshop And Illustrator To Sketch: A Few Tips For UI Designers

While Photoshop is awesome at what it does, defining what it is might not be so easy anymore. I remember watching a storyboarding tutorial by Massive Black’s El Coro (unfortunately, it doesn’t seem to be available for sale anymore). In it, he says that 17 or so years ago, Adobe had no idea that digital artists were using Photoshop to digitally paint pictures! So, it had to catch up with its own user base by adding more — you guessed it — painting features.

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Moving From Photoshop And Illustrator To Sketch: A Few Tips For UI Designers

How to Leverage eCommerce Conversion Optimization Through Different Channels to Maximize Growth

Note: This is a guest article written by Sujan Patel, co-founder of Web Profits. Any and all opinions expressed in the post are Sujan’s.


“If you build it, they will come” only works in the movies. In the real world, if you’re serious about e-commerce success, it’s up to you to grab the CRO bull by the horns and make the changes needed to maximize your growth.

Yet, despite the potential of conversion rate optimization to have a major impact on your store’s bottom line, only 59% of respondents to an Econsultancy survey see it as crucial to their overall digital marketing strategy. And given that what’s out of sight is out of mind, you can bet that many of the remaining 41% of businesses aren’t prioritizing this strategy with the importance it deserves.

Implementing an e-commerce CRO program may seem complex, and it’s easy to get overwhelmed by the number of possible things to test. To simplify your path to proper CRO, we’ve compiled a list of ways to optimize your site by channel.

This list is by no means exclusive; every marketing channel supports as many opportunities for experimentation as you can dream up. Some of these, however, are the easiest to put into practice, especially for new e-commerce merchants. Begin with the tactics described here; and when you’re ready to take your campaigns to the next level, check out the following resources:

On-Page Optimization

Your website’s individual pages represent one of the easiest opportunities for implementing a conversion optimization campaign, thanks to the breadth of technology tools and the number of established testing protocols that exist currently.

These pages can also be one of the fastest, thanks to the direct impact your changes can have on whether or not website visitors choose to buy.

Home Page

A number of opportunities exist for making result-driven changes to your site’s home page. For example, you can test:

  • Minimizing complexity: According to ConversionXL, “simple” websites are scientifically better.
  • Increasing prominence and appeal of CTAs: If visitors don’t like what you’re offering as part of your call-to-action (or worse, if they can’t find your CTA at all), test new options to improve their appeal.
  • Testing featured offers: Even template e-commerce shops generally offer a spot for featuring specific products on your store’s home page. Test which products you place there, the price at which you offer them, and how you draw attention to them.
  • Testing store policies – Free shipping is known to reduce cart abandonment. Implement consumer-friendly policies and test the way you feature them on your site.
  • Trying the “five-second test” – Can visitors recall what your store is about in 5 seconds or less? Attention spans are short, and you might not have longer than that to convince a person to stick around. Tools like UsabilityHub can get you solid data.

Home Page Optimization Case Study

Antiaging skincare company NuFACE made the simple change of adding a “Free Shipping” banner to its site header.

Original

eCommerce conversion Optimization - Nuface Control

Test Variation

eCommerce conversion Optimization - Nuface Variation

The results of making this change alone were a 90% increase in orders (with a 96% confidence level) and a 7.32% lift in the average order value.

Product Pages

If you’re confident about your home page’s optimization, move on to getting the most out of your individual product pages by testing your:

  • Images and videos
  • Copy
  • Pricing
  • Inclusion of social proof, reviews, and so on

Product Page Optimization Case Study

Underwater Audio challenged itself to simplify the copy on its product comparison page, testing the new page against its original look.

Original

Underwater Audio Control

Test Variation

Underwater Control Variation - eCommerce conversion rate optimization

This cleaner approach increased website sales for Underwater Audio by 40.81%.

Checkout Flow

Finally, make sure customers aren’t getting hung up in your checkout flow by testing the following characteristics:

Checkout Flow Optimization Case Study

A Scandinavian gift retailer, nameOn, reduced the number of CTAs on their checkout page from 9 to 2.

Original

nameon-1

Test Variation

nameon-2

Making this change led to an estimated $100,000 in increased sales per year.

Lead Nurturing

Proper CRO doesn’t just happen on your site. It should be carried through to every channel you use, including email marketing. Give the following strategies a try to boost your odds of driving conversions, even when past visitors are no longer on your site.

Email Marketing

Use an established email marketing program to take the steps below:

Case Study

There are dozens of opportunities to leverage email to reach out to customers. According to Karolina Petraškienė of Soundest, sending a welcome email results in:

4x higher open rates and 5x higher click rates compared to other promotional emails. Keeping in mind that in e-commerce, average revenue per promotional email is $0.02, welcome emails on average result in 9x higher revenue — $0.18. And if it’s optimized effectively, revenue can be as high as $3.36 per email.”

Live Chat

LemonStand shares that “live chat has the highest satisfaction levels of any customer service channel, with 73%, compared with 61% for email and 44% for phone.” Add live chat to your store and test the following activities:

Case Study

LiveChat Inc.’s report on chat greeting efficiency shares the example of The Simply Group, which uses customized greetings to assist customers having problems at checkout. Implementing live chat has enabled them to convert every seventh greeting to a chat, potentially saving sales that would otherwise be lost.

Content Marketing

Content marketing may be one of the most challenging channels to optimize for conversions, given the long latency periods between reading content pieces and converting. The following strategies can help:

  • Tie content pieces to business goals.
  • Incorporate content upgrades.
  • Use clear CTAs within content.
  • Test content copy, messaging, use of social proof, and so on.
  • Test different distribution channels and content formats.

Case Study

ThinkGeek uses YouTube videos as a fun way to feature their products and funnel interested prospects back to their site. Their videos have been so successful that they’ve accumulated 180K+ subscribers who tune in regularly for their content.

thinkgeek

Post-Acquisition Marketing

According to Invesp, “It costs five times as much to attract a new customer, than to keep an existing one.” Continuing to market to past customers, either in the hopes of selling new items or encouraging referrals, is a great way to boost your overall performance.

Advocacy

Don’t let your CRO efforts stop after a sale has been made. Some of your past clients can be your best sources of new customers, if you take the time to engage them properly.

  • Create an advocacy program: Natural referrals happen, but having a dedicated program turbocharges the process.
  • Test advocacy activation programs: Install a dedicated advocacy management platform like RewardStream or ReferralSaaSquatch and test different methods for promoting your new offering to customers with high net promoter scores.
  • Test different advocate incentives: Try two-way incentives, coupon codes, discounted products, and more.
  • Invest in proper program launch, goal-setting, and ongoing evaluation/management: Customer advocacy programs are never truly “done.”

Case Study

Airbnb tested its advocacy program invitation copy and got better results with the more unselfish version.

airbnb

Reactivation

As mentioned above in the funnel-stage email recommendation, reactivation messages can be powerful drivers of CRO success.

Pay particular attention to these 2 activities:

  • Setting thresholds for identifying inactive subscribers
  • Building an automated reactivation workflow that’s as personalized as possible

Case Study

RailEasy increased opens by 31% and bookings by 38% with a reactivation email featuring a personalized subject line.

raileasy

Internal Efforts

Lastly, make CRO an ongoing practice by prioritizing it internally, rather than relegating it to “something the marketing department does.”

Ask CRO experts, and they’ll tell you that beyond the kinds of tactics and strategies described above, having a culture of experimentation and testing is the most important step you can take to see results from any CRO effort.

Here’s how to do it:

Have an idea for another way CRO can be used within e-commerce organizations? Leave your suggestions in the comments below.

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How To Write Content Without…Well…Having To Write It

how to write content without writing it

Early morning, dew still fresh on the grass, sunrise beautifully lighting a home office, aromatic steam rising from hot coffee, fog melting away from the world outside. And — unfortunately — the first flashes of carpal tunnel pain go pulsing through your wrist. Indeed, the consequences of a repeated routine can manifest themselves in painful ways. Furthermore, doing something in only one way limits personal growth. My suggestion? Maybe it’s time to stop exclusively typing all your content and start dictating some of it. Dictation is a vastly underused feature across all PC and smartphone platforms. Lawyers have been known…

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How To Write Content Without…Well…Having To Write It

Simplifying iOS Game Logic With Apple’s GameplayKit’s Rule Systems

When you develop a game, you need to sprinkle conditionals everywhere. If Pac-Man eats a power pill, then ghosts should run away. If the player has low health, then enemies attack more aggressively. If the space invader hits the left edge, then it should start moving right.

Simplifying iOS Game Logic With GameplayKit’s Rule Systems

Usually, these bits of code are strewn around, embedded in larger functions, and the overall logic of the game is difficult to see or reuse to build up new levels.

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Simplifying iOS Game Logic With Apple’s GameplayKit’s Rule Systems

7 Ways To Accelerate Product Adoption (Without Spamming Your User Base)

speed up product adoption

We tend to make a big deal about leads in the marketing space, and not without good reason. Everything starts with leads. However, for software companies, the real goal is product adoption. We need people actively and consistently using our product. Regardless of our business model, success occurs when users experience that “aha” moment that takes our product from an experiment to a core part of their day-to-day work. So how do we move people from lead to product adopter? How to we give them that “aha” moment? Two words: Strategic Repetition Repetition is a POWERFUL psychological force. Studies have…

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7 Ways To Accelerate Product Adoption (Without Spamming Your User Base)

Glossary: Link Juice

what is link juice

Link juice is a non-technical SEO term used to reference the SEO value of a hyperlink to a particular website or webpage. According to Google, a multitude of quality hyperlinks (or just “links”) are one of the most important factors for gaining top rankings in the Google search engine. The term “link juice” is SEO industry jargon. It’s often talked about in relation to link building efforts such as guest posting, blogger outreach, linkbait and broken link building. How Does Link Juice Work? Link juice, link authority, and backlink authority are all different words that mean essentially the same thing….

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Glossary: Link Juice

Jekyll For WordPress Developers

Jekyll is gaining popularity as a lightweight alternative to WordPress. It often gets pigeonholed as a tool developers use to build their personal blog. That’s just the tip of the iceberg — it’s capable of so much more!

Jekyll For WordPress Developers

In this article, we’ll take on the role of a web developer building a website for a fictional law firm. WordPress is an obvious choice for a website like this, but is it the only tool we should consider? Let’s look at a completely different way of building a website, using Jekyll.

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Jekyll For WordPress Developers

Eating Our Own Dogfood – How To Optimize For Revenue As A SaaS Business

It wouldn’t be an exaggeration to say that we at VWO are very passionate about experimentation.

Not only have we built a product around A/B testing and conversion optimization, but we are always looking for ways to run experiments on our website.

Recently, we got our entire team to actively research and contribute ideas for optimization on our website and ran multiple tests. This post is a narrative of what we did after.

Who Is This Post for?

This post will help SaaS growth-hackers, marketers, and optimization experts to predict the business value from a test.

The aim of this post is to not only share the tests we ran on our website, but also introduce a revenue-based framework that predicts the business impact of an A/B test and prioritizing on the basis of it.

Revenue-Based Optimization

Need for a Model

After we propelled our team to suggest ideas for testing, we had more than 30 hypotheses looking at us, but no distinct way of knowing which of these to take up first. Of course, there is a range of prioritizing frameworks available, but we particularly wanted to look at the ones that would directly impact our revenue.

This framework helped us project the potential impact on the revenue from each test. Here’s what we did:

Step 1

We decided to identify high-impact pages and winnow the pages that were not as important for our business, that is, pages where no goal conversions take place. We looked at Google Analytics for pages with the:

  • Highest Amount of Traffic
    (We used “New Users” to nullify visits by existing customers.)
  • Highest Number of Goal Conversions
    (Goal conversion, which contributes to your overall business goal, is the main goal for your website. In our case, this meant all qualified lead-generating forms. A free trial or request a demo qualifies a visitor as a lead with a genuine interest in our product; or, as the industry popularly refers to it, a Marketing Qualified Lead.)

This gave us a list of pages which were high-value in terms of, either traffic generation or last touch before conversions.

We identified the following key pages:

  • Free-trial page
  • Request-a-demo page
  • Homepage
  • Pricing page
  • Features page
  • Blog pages (All)
  • Contact-us page

Step 2

Our main objective was to project an estimated increase in the revenue due to a particular test. If your test increases the conversion rate by say 20%, what would this mean for your business and, in turn, the revenue?

This is how our marketing funnel looked like:

VWO Marketing Funnel

Note: You should use data from the recent 3–6 months, and the average (mean) of each step. This is to accurately reflect what to expect from your testing and be relevant to your business.

For each of the “Key Pages” we identified in the first step, we also dug out the corresponding numbers at each funnel stage. We’ve explained each stage of the funnel and how it is calculated:

a) Key Page Traffic: The total number of pageviews per Key Page (new users in our case). You can find the data in Google Analytics.

b) Total Conversions: The total number of leads generated from each particular page. If there is an additional qualification your company follows, source this data from your preferred CRM or Marketing Automation software. For example, at VWO, we use Clearbit to qualify our leads in Salesforce.

c) Opportunities: The total number of opportunities generated for your sales team. This data will be available in your CRM; make sure to count qualified opportunities only.

d) Customers:  The total number of customers created in a month.

e) MRR (New): Or monthly recurring revenue, means revenue booked on a monthly basis; you can use this to estimate annual recurring revenue, or ARR, as well.

Step 3

Now that we had all the numbers needed in our arsenal, I decided to calculate some more internal benchmarks. This gave us the performance of our marketing and/or sales funnel.

  1. We computed the conversion rate of a particular page, using the following formula:
    Existing conversion rate = (Total Conversions Key Page Traffic); this is represented as %
  2. The conversion of your leads into opportunities:
    (Opportunities ÷ Total conversions) × 100, represented as %
  3.  The conversion rate of opportunities into customers:
    (Customers ÷ Opportunities) × 100, represented as %
  4.  The average revenue per user or ARPU:
    Total MRR  ÷ Total number of paying customers

Now all you have to do is to impute these numbers in this template.
Revenue-based Testing Model
The model uses all of that data and projects how much revenue increase or decrease you can estimate based on your test results. This estimate can give you a good idea of where to begin or prioritize your testing.

Step 4 (Optional)

This is where it may get tricky. At VWO, we sell both Enterprise plans and Standard plans. So to be fair, we must estimate each cohort with separate data and individual conversion rates.

For example, Opportunity creation % for an Enterprise plan may be lower, but a Standard plan is easier to convert. You may want to decide what type of plan do you want to focus on.

We, for instance, used website traffic and Alexa rank as the benchmark for lead qualification. We attributed more value to the leads that came in through key pages and prioritized them.

This led us to the next step, which is the qualification rate of the said lead of high value. This rate may be in the range 30–50%, depending on your definition.

It was interesting to note that each page had a different qualification rate. For example, we get better quality leads from our Request a demo page than we do from our free trial or blog post page.

Tests Conducted:

After we had the model in place, we played around with the increase or decrease in our conversion rates. This was to identify what would be our best optimization opportunities?

The free trial pages and the home page were among the high-priority pages, in terms of the impact of revenue. (Unfortunately, I can’t share the exact numbers with you.) We first looked at the hypotheses on the free trial page:

Test 1 – Free Trial Page

Our hypothesis was “Illustrating VWO features and social proof on the free trial page will compel users to sign up for the free trial.”

Here is a screenshot of what it looks like in VWO.
hypothesis-free-trial

Bonus tip: VWO has recently launched a new capability called PLAN that lets you manage and prioritize your testing hypotheses. To learn more about this capability, visit the VWO evolution page.

This is what the control looked like:

Free Trial Control

Our heatmap data also showed a lot of users clicking the features page after accessing the free trial page.

Screenshot of heatmap data:

Heatmap Screenshot for test

We created a variation which included the features we offer to solve this issue. Here’s a screenshot of the same.

This is our current free trial page:

Free Trial Page(New)(Variation)

We ran the test for over 2 months. The result was an increase of 6% in our conversion rate, which led to increased revenues.

Test 2 – Request a Demo CTA (A/B Test)

The main CTA on the homepage has been the free trial CTA. The headline on the homepage was “A/B Testing Software for Marketers.”

The hypothesis for the test was “We will get more qualified leads through a request a demo CTA on the homepage.”

This is what the control looked like:

Homepage Control

We came up with a more targeted copy and changed the existing CTA to Request A Demo. Here is what the variation looked like:

Homepage variation

We also wanted to change our positioning due to our foray into Conversion Optimization. The results from this test were that our variation beat the control and had more than 31% improvement in the conversion rate.

Based on the first example, we have already implemented the new free-trial page as our main free-trial page now. Based on the second test, we updated our current home page.

All in all, this model helped us correctly predict the best optimization opportunities, make our testing better, and more strategically aligned to business goals.

Let me know your experience with this model and how you go about testing.

Would love to hear your feedback on this!

Free-trial CTA

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How to Micro Test New Product/Service Ideas Using AdWords

Launching a new business idea or deciding to develop a new product for your company is not without risk. Many of the best business ideas have come from inspiration, intuition or in-depth insight into an industry. While some of these ideas have risen to dominate the modern world, such as search engines, barcodes and credit card readers, many fine ideas still result in bankruptcy for their company, due to insufficient demand or failure to properly research customer desire. If you build it will they come? Often smart business entrepreneurs can still make big mistakes. With new product, service or business…

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How to Micro Test New Product/Service Ideas Using AdWords