a brief look on conversion rate optimization

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A brief look on Conversion Rate Optimization

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Page 1: A brief look on conversion rate optimization

A brief look on

Conversion Rate Optimization

Page 2: A brief look on conversion rate optimization

ganztags.

// Est. 2011

// Located in Berlin, Germany

// 7 employees

// "Online Marketing to Increase Revenue"

// Focus on Publishing and E-Commerce

// Everything from label and label maker, cleaning supplies, vacuum cleaner, digital asset management software, identification solutions, garage supplies, access control, visitor management to cars

SEO SEA

Conversion Optimization

Web Analysis

// Est. 1985

// Marketing since 2008, BA Business Communication

// Online Marketing (SEO) since 2011

// Guitar, Singing & Screaming

Lars Antrack

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Conversion Rate Optimization A/B- Testing

Case Studies and Best Practices TL;DL

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Conversion Rate Optimization

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Generate the most conversions with the same amount of users.

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E-Commerce The highest possible number of orders.

News and Infosites The highest possible number of page views per session and the highest possible number of orders on a partner’s website.

Company Website The highest possible number of leads / contact requests.

Types of websites

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Tools for conversion rate optimization

A/B- Testing

The human brain Monitoring

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A/B - Testing

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What is A/B- Testing?

“A/B testing is jargon for a randomized experiment with two variants, A and B, which are the control and treatment in the controlled experiment ”

— Wikipedia

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What is A/B- Testing?

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Define the goal

Find bottlenecks

Run test, learn and repeat

Create alternate assumptions

How to do A/B - Testing

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Technical Set Up

Website

Tracking Codes

Testing Codes

Events

Data

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Dos & Don’ts

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Don’ts

Never ever wait to test the variation after you’ve tested the control.

Don’t conclude too early.

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Don’ts

Never ever wait to test the variation after you’ve tested the control.

Don’t conclude too early.

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Don’ts

Never ever wait to test the variation after you’ve tested the control.

Don’t conclude too early.

Don’t surprise regular visitors.

Don’t let your gut feeling overrule test results.

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Dos

Know how long to run a test before giving up.

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Dos

Know how long to run a test before giving up.

Show repeat visitors the same variations.

Make your A/B test consistent across the whole website.

Do many A/B tests.

Start testing today!

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Case Study

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Starting Situation

7,500 Images each 1.5 MB

Loading times up to 8 seconds

Website Performance

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Assumption

What would happen if we took the time to compress all our existing images?

Website Performance

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Variation

8,63 %

58,69 % Uplift

5,44 %

Control

Results: Clicks to shopping cart

Website Performance

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+7,400 EUR (Profit each month)

Website Performance

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Quick test for every website

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7-level model

Relevancy

Trust

Orientation

Stimulant

Certainty

Comfort

Valuation

Does this website offer what I was searching for?

Can I trust this website?

What’s the next step? What are my options?

Is this the right option for me?

Is there a catch?

Do I have to learn something new?

André Morys, "Die 7 Ebenen der Konversion"

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Best Practices for Publisher

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Best Practices for Publisher// Font size should be at least 16px

// Visual Hierarchy (headlines and sub headlines)

// Width should be max. 550px

// Use short paragraphs (3-5 lines)

// Add a date on top

// Add a summary on top

// Highlight important messages

// Only add links / advertisement if relevant to the content

// Use Google Analytics like a pro

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Good examples for content pages

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The Verge

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The Verge

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Süddeutsche Zeitung

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Süddeutsche Zeitung

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Use Google Analytics like a pro// Measure clicks on external links

// Set up "real" goals

// Measure Scroll Depth

// Measure active time on site

// Measure screen time

// Understand bounce rate and avg. session duration

// Block your spam traffic

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TL;DLtoo long; didn't listen

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TL;DL// Success on the internet = Traffic * Conversion

// A good website is like a good book: specialised on one topic and interesting to other people

// Make sure a computer understands your website

// Start A/B Testing immediately; it isn’t expensive

// Metrics are your friends

That’s it!