18 Apr
2010
Many businesses struggle with online sales due to a poorly constructed sales funnel. This usually stems from a template website and off-the-shelf shopping cart solution that requires customisation before it becomes effective.
Conversion Optimisation is getting more customers without spending any more money on advertising. It's the art and science of getting visitors on your website to perform a desired action more often.
A conversion optimisation is in essence, an enhancement of your customer's experience. To minimise friction. But there is no out-of-the-box solution and it's not simply a selection of online aesthetic changes. To maximise the benefits, you also need to make business process changes relating to logistics and customer service. Examples include:
- Reducing your delivery times to create a better first impression
- Increasing the length of your returns period from a fortnight to 3 months to reduce buyer anxiety at the point of sale.
Here are 10 easy things you can optimise right away that can take your shopping cart abandonement rate well below the average 59.8% in US (across all industries.)
Typography: font and typeset. Is your site easy to read? Is your font big enough and is it a good sans-serif web font like Arial?
Portability (Referencability) How easy is it to spread your content to places that alreay have visitors (Rss, api, twitter,facebook,tell a friend)
Site Speed: Does your site load fast? Is it unclutteredm to the point, and easy to understand? Remove banner advertising from landing pages.Use Google Analytics to see what level of web technology your visitors are using and get a site speed assessment at http://websiteoptimization.com/services/analyze/
Shipping / Delivery: Consider cost relative to the value of the product and the time to deliver. In order to give a great first impression, ship as quickly as possible and update the customer via email of the delivery timeframe and tracking codes. I recently shopped at Topink.co.nz for a digital camera battery and charger. I ordered the items on a Monday morning and I received them via tracked courier the very next morning. I will be returning to them for future purchases.
Collecting information: Are you collecting information from the customer that is not needed to complete the order and therefore making your forms longer than they need to be?
Returns Policy: Try increasing your returns period from the standard fortnight to a month, or even three months. While you will see a marginal increase in product returns, the implied lower risk to making a purchase decision is more likely to increase overall sales.
Technology: Do your Ajax / jscript implementations add value or are they bells and whistles that slow down load times or distract the prospect? Put another way, does it facilitate the sales process? Or just look cool?
Interaction: ratings / reviews. Do people need to go elsewhere before they can decide on a purchase? People accept the words of their anonymous peers as more credible references than reviews by 'experts' and editors which are perceived as biased.
Navigation: Bread crumb 1 > 2. is > 3. is important. It helps reduce ambiguity during the checkout process by providing a clear roadmap of the buyers stage in the process.
Trust: Trust is a vital factor for browsers who have never seen or heard of you before. The professionalism of your website is paramount, especially so, when it comes to your shopping cart and payment processing. Include trustmarks like Verisign and use recognisable payment processors. Display a purchase confirmation page and send a confirmation email immediately. You don't want your new customer to experience buyer remorse. Easy to find contact information and an about us page will lend credibility to your site. Make good use of white space and have more than an just an out-of-the-box template website. Users distrust sites with any lack of professionalis.
Live Help: Are inquiries common prior to purchase? Will a good FAQ or IM/Voice chat minimise these human-interactions? Sometimes purchase decisions are genuinely complex, like with completing a high value purchase, or filling out a loan or insurance application. In this situation, a live chat / call button can dramatically boost your lead generation rates, by answering any concerns on the spot.
A very useful resource for data collection to help with your Conversion Optimisation is SmartViper Beta