Read the preceding article about Website Success Metrics
Conversion Rate is the first website success metric that you should look to improve. Why? If your conversion rate is poor then you can burn an awful lot of money on website promotion and advertising without seeing any result.
Improving conversion rates can be an extremely tricky task. There are so many factors that can influence conversion. This is where you could really do with the help from your E-Business Consultant They will be able to analyse your website, determine its weaknesses and provide you with some great strategies for improving your conversion rate.
There are a huge number of things that influence the conversion rate of a website. Let’s take a look at a few of the basics.
You need to know, without a doubt, what your customer’s need, problem or goal is. Everything about your website and the things that you are selling on your website should be focused on those needs, problems or goals.
Your understanding here will often directly affect the…
The strength of your product or service forms the foundation for your entire website.
How good is your product or service (especially compared to your competition), and do lots of people want it or need it? Think about this honestly. If the answer is no– then this can be one of the biggest negatives on your conversion rate.
Think long and hard how you can strengthen your product or service? How can you differentiate it from your competition? How can you make it deliver more of what your target customer wants or needs? Often, an in-depth analysis of your target customers’ problems, goals or needs will give you a good insight into what they want. Then you just need to give them more of it!
Consider running a survey. We know that it can take a lot of time and effort but surveys can give you a real ‘grass-roots’ look at what your customer truly wants. Never second-guess what you customers really want as it is so easy to get it wrong. Let us share a little story about this with you…
In the early days of Zeald we were struggling to really sell our website solution. As one of our ‘marketing strategies’, we decided to set up a stand at a local business expo (North Shore Business Expo).
For our stand, we decided to run a simple survey. To record the results from our survey, we built a massive bar graph on the back wall, with results added every time someone completed our survey.
We asked just one question- “Why do businesses go online?”
We then provided five possible answers, which respondents could select from:
We got each of the respondents to put a number beside each of the answers between1 to 5 to indicate whether the answer was an important reason for them to start doing business online (with 1 being ‘most important’ and 5 being ‘least important’. Every person who completed our survey went into a draw for a free website from Zeald.
Guess what we found? - The majority of people put a ‘1’ beside ‘Increased business opportunity’.
What did this teach us? - Our target customers were interested, more than anything else, in extra business. They wanted results! They wanted sales, enquiries or leads! They wanted a website that wins business!
What an incredibly powerful result! From this point onward we changed everything about our company. Everything about our product and our service became focused on delivering results for our customers. Our whole solution became 100 times better because of this one simple survey. It helped us to truly understand our customer needs, problems and goals.
We also developed software that makes it easier to conduct a survey- the Zeald Email Marketing tool, which plugs into your ZES solution. It allows you to email your entire customer database and run a survey. It then collates all the results for you and presents them as a report. You can’t get any easier than that!
Talk to your E-Business Consultant to find out about the Zeald Email Marketing tool. With an automated tool like this, it is worthwhile running surveys on regular basis just to keep in touch with changes in your customers’ thinking or preferences.
For great conversion you need…
Great product(s) or service(s) that fulfill your ‘target customer’s’ needs, problems or goals.
Do you remember the six steps to visitor conversion? Here they are again:
Before anyone will buy from you they need to trust you and believe that what you are saying is true. If you can’t guide your visitor through these first two steps then you have no hope of getting your visitor to enquire about or buy your product or service.
Think about when you buy from an organisation or off someone– you will go through the same process; you will not buy unless you trust them, and you believe that what they are telling you is true.
So how do you do this on a website?
Well – it’s not easy, but there’s a whole bunch of things that will help your website build trust and credibility with your visitor. Let’s go through some of the most important ones below:
Let’s say you have established a strong base of trust and excellent credibility on your website. And you have great product(s) or service(s) that you’re targeting directly at your target customers’ needs. Is there anything else that can affect your conversion rates?
You bet!
Don’t forget the six steps to visitor conversion:
We have only dealt with the first two steps. What about the final four steps?
Your sales copy will influence your conversion rate just about more than any other factor. The number one thing that every visitor does is read.
Good sales copy is absolutely vital. It can really pay to have an objective and constructive review of your sales copy from an online professional.
Make sure you ‘study’ the articles on Loading your website. They provide a clear step-by-step guide to drafting great website sales copy. If you are not good at writing– definitely get some help from a professional. You’ll be amazed by what even a phone interview with a writer can do to help your sales copy shine.
In this article we have gone over the basic ‘influencing factors’ in a website’s conversion rate.
Conversion rates are a complex subject and depend on many different factors. Talk with your Zeald E-Business Consultant anytime for an in-depth analysis of your conversion rate.
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