Conversion Optimization: The Million Dollar Optimization Strategy
Webinar - Top Tips for Conversion Optimization
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Transcript of Webinar - Top Tips for Conversion Optimization
Top Tips for Conversion OptimizationJason Wells, CEO, ContactPoint
Conversion Rate
@logmycalls
The most critical statistic in marketing because it is directly tied to profits
The % of people that do something you want them to do
Fill out a landing page form Click on a ‘Request a Demo’ button from a web page Buy a product Download a piece of content Call
Conversion rate optimization is a long-term process
What is a ‘Good’ Conversion Rate?
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There is no correct answer. It depends on a variety of factors. The Offer…
Our White Paper landing pages average a 41.3% conversion rate
Our ‘Request a Demo’ landing pages average a 7.5% conversion rate
What is a ‘Good’ Conversion Rate?
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PPC- Median – 3.5%- Mean – 8.4%
What is a ‘Good’ Conversion Rate?
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Organic- Median – 4.0%- Mean – 8.0%
Conversion Rate: A Funnel Perspective
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Awareness
Engagement
Conversion
Loyalty
Evaluation
Conversion Rate: A Funnel Perspective
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Marketing Qualified Leads- Blog Subscriptions- Newsletter Registrations
Sort of Sales Ready Leads- Webinar Registrations- White Paper Registrations
Sales Ready Leads- Meeting Requests- Demo Requests- Free Trials- Inbound Phone Calls
High Landing Page Conversion
Low Landing Page Conversion
Conversion Rate: The Process
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Blog Subscription Form On-Page
Thank You Page (With White Paper Form)
Thank You Page (With Demo Form)
Retreat Offer (Watch a Video or Webinar)
Retreat Offer (They Stay on the
Page)None
Marketing Qualified Leads- Blog Subscriptions- Newsletter Registrations
Conversion Rate: The Process
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Sort of Sales Ready Leads- Webinar Registrations- White Paper Registrations
Whitepaper Landing Page
Thank You Page (With Demo
Form)
Thank You Page With CALL NOW &
Phone Number
Retreat Offer (Another White
Paper or Webinar)
Retreat Offer (Another WP or
Webinar)
Thank You Page (With Demo Offer)
Note: Putting an actual form on a Thank You or Confirmation Page, not a button linking to another page, increases conversion rates.
Conversion Rate: The Thank You Page
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‘Thank you’ or ‘Confirmation’ page with form rather than a button increases conversion rates 5% - 8%
Conversion Rate: The Process
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Sales Ready Leads- Meeting Requests- Demo Requests- Free Trial- Inbound Phone Calls
Demo Landing Page
Thank You Page (Call us Now – Phone
Number)
Talk to Them on the Phone
Retreat Offer (White Paper or Webinar)
Retreat Offer (White Paper or Webinar)
Thank You Page (With Blog or Newsletter
Subscription)
Conversion Rate: Things to Remember
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• The more touches (Thank You Pages, Forms, Retreat Offers) you have, the higher your conversion rate will be.
• View conversion rate optimization as a process not merely ‘getting a better landing page’
• Different businesses will want to produce different types of leads and should expect different conversion rates.
• Download• Demo• Trial• Purchase• Phone Call
• The higher the landing page conversion rate, the lower the lead-to-customer conversion rate.
Comprehensive Conversion Rate
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• A comprehensive conversion rate includes much more than the % of people that completed a landing page form:
• How many calls did your landing page drive?
• What about social media engagement?
• How many leads converted to customers?
• What about conversion rates for other pages?
Landing Page Conversion Optimization
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• Only 20% of people view landing page content below the fold. (Source: Search Engine Land)
• 48% of companies NEVER test their landing pages to improve conversions. (Source: Marketing Sherpa)
• 64% of companies NEVER even attempt to optimize a landing page once they set it up. (Source: Search Engine Land)
Landing Page Conversion Optimization
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1. Goal• Are you trying to produce demo sign-ups? White
Paper downloads? Phone calls?
• Keep ‘difficultly level’ in mind – A demo request is going to have lower conversion rates than a White Paper download
2. Headline • Clear, concise
3. Crisp Copy• Journalist’s rule: Use the fewest words necessary to
make your point.
Landing Page Conversion Optimization
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4. Call-to-Action• Make it crystal clear – What do you want the visitor
to do? What are they getting in return?
5. Fields• How many is too many?
6. Phone Numbers• Include a phone number on your landing page
• Landing pages (especially for demos and trials) will generate calls
Landing Page Conversion Optimization
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Random Tips and Stats
Forms on the left side of the page have a 5% to 10% lower conversion rate than forms on the right side
Using the Word FREE or having a free badge increases conversion rates from 4% to 10%
Green CTA buttons convert 21% more than red buttons
Landing Page Conversion Optimization
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Random Tips and Stats
Adding an arrow increases conversion rates by up to 20%
Making them feel like they’re getting a deal increases conversion rates.
Using an specific time window in your text increases conversion rates substantially
“Sign up in less than 60 seconds” OR “15 Minute Demo”
Landing Page Conversion Optimization
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• Testing…testing…• Mozilla Firefox
• Changed call-to-action from ‘Try Firefox’ to ‘Download Now – FREE’
• Second CTA outperformed by 3.6%
• WhichTestWon.com• It compares landing pages and asks
which ones convert• Let’s do todays test
Website Conversion Optimization
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• Think of your entire website as a landing page
• Front page, secondary pages, articles blogs, should all be treated like, tested like and held accountable like landing pages.
• They should have:
• Calls-to-Action• Simple Forms• Phone Numbers• Funnels set up for them in Google Analytics• Unique conversion rates including calls and
‘traditional’ conversion rates
Website Conversion Optimization
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• Hubspot has a total of 67 Free Trial or Demo Buttons (that I could count on the front page or other high traffic pages of their site (not including blogs, articles and landing pages)
• One individual page explaining the features of their product has 9 demo buttons on it!
Note: Every Hubspot blog or article has 10-12 calls to action.
Adwords & Call Extensions
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• Marketo has a Demo and Free Trial tab on every single page on their site (that I could find)
• That’s a total of over 500 Demo and Free Trial buttons on their site.
• They also have a real-time ‘Chat with a Sales Rep’ feature
Comprehensive Conversion Rate – Phone Calls
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• Phone Calls are High Value Leads
• Only 2% - 8% of web leads are ready to buy in 3 months. (Source: Marketing Sherpa)
• 65% of companies say phone calls are their highest quality lead source. (Source: BIA/Kelsey, 2010)
Phone Calls
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• Test-Phone Conversion Rates Several hundred phone calls over 5 months
Close rate of 70% What’s a good online lead-to-
customer conversion rate? 5% ? 10% ?
• What’s my Point?• Drive inbound calls• Track inbound calls• Optimize landing pages, websites and
campaigns to generate calls
Close Ratio By Month
Dynamic Number Insertion
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• Dynamic Number Insertion (DNI) The problem: How do you track calls generated from various
web sources? (i.e. Did someone call after conducting an organic search, clicking through an email, or typing in our URL?)
DNI solves that problem
• How it Works• A different phone number appears on your website dependent
on how the website was accessed• If someone accesses from a referral source they see a specific
number, if they direct type in a URL they see a different number, etc. etc.
• Track calls from various web sources
Dynamic Number Insertion
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Track social media success with DNI
Links from social media generate different phone numbers on website
The phone number changes dependent upon the source
Setting Up DNI
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1 – Select Your Default Number2 – Choose the Tracking Number3 – Choose a Destination URL4 – Generate Code5 – Use the Trackback URL to Link6 – Post Code7 – Repeat with as many tracking numbers and URLs as you wish
Step-by-Step
Note: DNI is great for SEO, PPC and digital marketing firms – You can track phone calls generated by web source.
Tracking Lead-to-Customer Conversion
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What percentage of inbound calls result in a sale? Usually 15 to 20 times higher than an inbound web lead Our system tracks close rates however you define them (appointment,
next step, closed sale)
This group of calls within LogMyCalls has a close rate of 63%
Mobile Conversion
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• Mobile Changes Conversion Optimization
• Mobile search will surpass desktop search by the end of 2013. (Source: Google, 2012)
• 61% of searches on a mobile phone result in a phone calls. (Source: Search Engine Land, 2012)
• 52% of all mobile ads result in phone calls. (Source: xAd, 2012)
• What this means: mobile conversion is about driving phone calls because mobile produces phone calls.
Mobile Marketing
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Request a Demo – logmycalls.com/request-demo
Call us at (866) 811-8880
Next Webinar
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Thursday, July 5 – 2 PM EDTTitle: 8 Ways to Prepare for the Mobile
Marketing Explosion How big will mobile be by 2014, 2015 or 2016? Examples of how companies are preparing now Statistics that will blow your socks off (unless you’re
wearing sandals) 8 specific ways to start or improve your mobile
marketing
LogMyCalls.com/webinar