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In a recent teleconference,
I was asked a number of questions about specific problems
people were having and what I would do if I were in
their position. This is the first article in a 2 part
series. It will answer specific queries from the teleconference,
in the belief that the answers will also help you to
solve some of your issues.
Question 1. What do you mean by conversion?
Do you mean getting someone to answer the simplest call
to action such as "read more here" or actually selling
a product or service?
What you're talking about here are two different ways
to measure your website. "Read More Here" is what I
would call a variable affecting your conversion rate.
I call these kinds of variables "Micro Conversions"
because they are all small (microscopic even) steps
toward a full conversion. A micro conversion is something
that you should test and measure. "Read More Here" might
get a worse click-through rate than "Click here to find
out how to win a month's supply of vintage wine." So
by improving this click through, you get the person
browsing to take another small step toward your final
website goal. By doing this, you improve your overall
conversion rate, which in this case is to get someone
to register or subscribe to win a month's supply of
vintage wine. Micro conversions can be tracked by measuring
the click through of links, or the read time for content,
or the bounce rate for headlines and copy. Full conversion
is persuading your visitors to do what you want them
to do. In my example, it would be registering to win
wine, but it could be subscribe to a newsletter, download
an audio file, buy a product, sell a service or whatever,
but it should reflect what your website's business objective
is.
Question 2. What strategies would you suggest
when there is no "online" conversion possible? I need
them to call me for more info, to learn more and to
eventually give them a proposal.
There is no such thing as "no online conversion". You're
looking for leads who will eventually phone you but
the visitor is the one with the power. If you don't
give your visitors a reason to let you continue to have
a dialog with them, then they won't. Using opt-in is
one answer. If, for instance, you ask for a name, email
address and telephone number from your visitor so that
he can then get useful information from you in the form
of a free report or audio file, you do two things. First,
you qualify the visitor as someone who is interested
in your services, and second, you get permission to
contact him/her again. You need to build into your website
a powerful reason for your visitors to give you permission
to email or talk to them rather than expect someone
to pick up the phone. In your case, you say they need
to ring you to learn more. Put what they need to learn
into some form that they can opt in to get, such as
a white paper, report or audio file. Then you have a
conversion rate that is the percentage of people who
give you permission to continue the dialog with them
by giving you their email address or phone number so
that they can learn more about your offering. People
visit a website to get information, so give them the
means to get it.
Question 3. What if the product you sell is
also sold by several others on other websites? How do
you get someone who is browsing the Internet to notice
your site and want to order from you?
In offline marketing, a successful tactic is differentiation.
It's no different online. If you stand out from your
competition, then you get noticed. What makes you different
(not necessarily better, just different) from your competition?
A USP makes an enormous difference to conversion rates.
We improved subscriptions by 11% per month for six months
by differentiating ourselves. The second point is that
your site should be of use to your visitor. The one
thing that all people online have in common is that
when they browse they are looking for information. So
give your visitors what they want in the form of education.
If your potential customers become educated about your
offer and take away something useful from your website,
they will remember you over your competition.
Question 4. How do you get the address, telephone
number and name of the owner of any company that you're
trying to get in touch with to see if they would be
interested in what you sell?
You need to get permission from the visitor to get that
information. It can't be done with any tracking tools
available. There is a very good reason for this and
it's called privacy. If you or I went online and could
have our names, addresses and phone numbers tracked
by software, it could be potentially dangerous. Imagine
if you were online and were talking in a chat room about
going on holiday in a faraway land for the next few
weeks and your personal information could be gathered.
The person who sees that information then knows when
to go to your address and rob you while you're away.
It's OK to track browser behavior because no personal
details are ever tracked. I for one hope it stays that
way.
Question 5. What should one look for in the
web logs to determine conversion rates?
Web log files are a problem because they record everything.
Web logs record every request to your site's pages from
search engine indexes, to email harvester software,
link harvesters and visitors. So first you need to filter
out from log files the information that isn't relevant
to visitors. Then you're looking for unique visitors
(not visits) or unique sites. Once you have that filtered
figure, you have the approximate number of visitors
coming to your site, still not close to 100% because
of proxy servers recording multiple visitors as one
browser, but it's as close as you can get with log files.
Then you divide the number of people who complete the
conversion action by the total visitors. That is your
conversion rate. If you can get software that doesn't
use logs like IRIS Metrics or log software that works
out the filtering like Web Trends, it makes your job
much easier.
Question 6. What factors have the biggest impact
on conversions on my web site?
The short answer is differentiation, target marketing,
your site's relevance to your desired audience, measurement,
experimentation, and most importantly trust.
Differentiation is the first step in the process. You
must find a way to stand out from the competition. It
should start with the domain name, and continue throughout
your entire website's strategy.
Then in your content, your copy and your design, you
must smack your target audience between the eyes. You
have to find out exactly what it is they want and answer
the wants and needs of that audience.
Relevance is hugely important, too. If you're running
a campaign on Overture or Google with certain keywords,
your audience should land at exactly the right place
after typing those keywords and finding your website.
So if the audience types "Red Vintage Wine" into Overture
and your link appears, on clicking through they should
be taken to the page on your site talking all about
and selling red vintage wine. They shouldn't land at
the home page of your website which has a small link
to the red vintage wine section and 5 or 6 other types
of wine for sale. Measuring
and experimenting is then the key to improving conversion
rates. You can't improve conversion without measurement
unless you're making educated guesses or you're just
plain lucky. So get a good measurement system, learn
what it's all about, and test your changes.
Finally and most importantly trust. You can't sell anything
if your audience doesn't trust you. You
can help them to trust you by prominently displaying
your privacy policy, your shipping procedure, the fact
that you use SSL encrypted protection for the forms
on your site, that hundreds of satisfied customers have
already bought from your store, that you make it very
easy to find contact information such as a name and
address as well as support via email. You could educate
via your website with articles and ‘how to sections'
or newsletters and instill trust over time. In short,
your prospect must trust you to part with his or her
money. |