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How to increase your sales by more than 40% like weBoost did

Jan 23, 2018

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Chris Goward
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Page 1: How to increase your sales by more than 40% like weBoost did
Page 2: How to increase your sales by more than 40% like weBoost did

© 2007-2017 WiderFunnel Marketing Inc.

Tweet this: @chrisgoward @jelgie #Awesome

Relentless Testing

How to double your conversion rate like weBoost did

Page 3: How to increase your sales by more than 40% like weBoost did

© 2007-2017 WiderFunnel Marketing Inc.

Tweet this: @chrisgoward @jelgie #Awesome

Before we get started. . .

•  This presentation deck and recording will be available to you after the webinar

•  Use the General Chat panel to ask questions or make comments in real time

•  Stay to the end for the chance to win a free digital copy of You Should Test That!

Type question here

Page 4: How to increase your sales by more than 40% like weBoost did

© 2007-2017 WiderFunnel Marketing Inc.

Tweet this: @chrisgoward @jelgie #Awesome

•  Developed the LIFT Model®, PIE Framework, and Infinity Optimization Process™

•  Keynotes at conferences and seminars around the world •  Author of You Should Test That! (Get a free chapter at:

YouShouldTestThat.com)

Chris Goward, Founder & CEO, WiderFunnel

Jamie Elgie, Chief Marketing Officer, Wilson Electronics (weBoost)

•  Began his career at Procter and Gamble, then cut his teeth in technology at Belkin International

•  Launched the WEMO home automation brand at Belkin International and led the company’s iPhone and iPad division

Page 5: How to increase your sales by more than 40% like weBoost did

© 2007-2017 WiderFunnel Marketing Inc.

Tweet this: @chrisgoward @jelgie #Awesome

Have you been involved in a website redesign?

Page 6: How to increase your sales by more than 40% like weBoost did
Page 7: How to increase your sales by more than 40% like weBoost did
Page 8: How to increase your sales by more than 40% like weBoost did

© 2007-2017 WiderFunnel Marketing Inc.

Tweet to: @chrisgoward @jelgie #Awesome

Happiness with latest website redesign

Extremely Not so much

24%

76%

Page 9: How to increase your sales by more than 40% like weBoost did

© 2007-2017 WiderFunnel Marketing Inc.

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2-5 year gaps between redesigns

Wedge of

sucky-ness

The best websites

Yours

Radical Website Redesigns (RSR)

Page 10: How to increase your sales by more than 40% like weBoost did

© 2007-2017 WiderFunnel Marketing Inc.

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Page 11: How to increase your sales by more than 40% like weBoost did

© 2007-2017 WiderFunnel Marketing Inc.

Tweet to: @chrisgoward @jelgie #Awesome

Continuous website

improvement!

Evolutionary Site Redesign (ESR)

Page 12: How to increase your sales by more than 40% like weBoost did

© 2007-2017 WiderFunnel Marketing Inc.

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115% more qualified leads for Magento Enterprise

Page 13: How to increase your sales by more than 40% like weBoost did

© 2007-2017 WiderFunnel Marketing Inc.

Tweet to: @chrisgoward @jelgie #Awesome

$1 million per month additional revenue for BuildDirect.com

Page 14: How to increase your sales by more than 40% like weBoost did

© 2007-2017 WiderFunnel Marketing Inc.

Tweet to: @chrisgoward @jelgie #Awesome

Page 15: How to increase your sales by more than 40% like weBoost did

© 2007-2017 WiderFunnel Marketing Inc.

Tweet to: @chrisgoward @jelgie #Awesome

Where we were §  New brand & website launch, big marketing spend

§  Result: declining sales!

Opportunity:

§  Tie spend to sales on direct to know at least part of the return

§  So, we started selling direct from website for first time ever.

Page 16: How to increase your sales by more than 40% like weBoost did

© 2007-2017 WiderFunnel Marketing Inc.

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Sounds easy in theory §  Conversion rates were poor on good quality traffic

§  So ROAS would have to be low on advertised traffic

§  If I tied spend to direct return, spend would dramatically decrease

Solution:

§  Tighten Return on Ad Spend (ROAS) over time

§  Increase conversion rate concurrently

§  Hire WiderFunnel

Page 17: How to increase your sales by more than 40% like weBoost did

© 2007-2017 WiderFunnel Marketing Inc.

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9,000 pixels or 9’8” tall

Page 18: How to increase your sales by more than 40% like weBoost did

© 2007-2017 WiderFunnel Marketing Inc.

Tweet to: @chrisgoward @jelgie #Awesome

Landing page redesign? Personalization? Price anchoring? Eyeflow? Button colour?

Headlines? Testimonials? Segmentation? Reduce form fields? Reduce form fields? Reduce form steps? Add form momentum?

Long copy landing page? Short copy landing page? Create Scarcity?

Use Reciprocity? Mention Social Proof? Appeal to Authority? Font selection?

Urgency wording? Put your CTA above the fold? Include your inbound keywords in your headline?

Make your headline action-oriented? Include testimonials, reviews, awards? Use specific custom landing pages? Reduce your outbound links on your pages? Increase the size of your product images? Include a photo of a smiling person? Reduce your product options to max five? Use high contrast text on white background pages?

Reduce the length of your privacy policy? Move your SSL secure icons below the fold?

Embed lead gen forms on your landing pages? Emphasize features over benefits?

Add ‘action captions’ below images?

Include filter and sorting on category pages?

Reduce your page columns to max two?

Use video product overviews? Use a grid view on category page templates?

Always use orange CTA buttons?

Always use the word ‘Free’ somewhere? Always use the word ‘Free’ somewhere?

Use video product overviews?

Embed lead gen forms on your landing pages?

Reduce your outbound links on your pages?

Reduce your page columns to max two?

Make your headline action-oriented?

Put your CTA above the fold?

Always use the word ‘Free’ somewhere?

Use video product overviews?

Embed lead gen forms on your landing pages?

Reduce your outbound links on your pages?

Reduce your page columns to max two?

Make your headline action-oriented?

Put your CTA above the fold? Always use the word ‘Free’ somewhere?

Use video product overviews?

Embed lead gen forms on your landing pages?

Reduce your outbound links on your pages?

Reduce your page columns to max two?

Make your headline action-oriented?

Put your CTA above the fold?

Always use the word ‘Free’ somewhere?

Use video product overviews?

Embed lead gen forms on your landing pages?

Reduce your outbound links on your pages?

Reduce your page columns to max two?

Make your headline action-oriented?

Put your CTA above the fold?

Always use the word ‘Free’ somewhere?

Use video product overviews?

Embed lead gen forms on your landing pages?

Reduce your outbound links on your pages?

Reduce your page columns to max two?

Make your headline action-oriented?

Put your CTA above the fold?

Always use the word ‘Free’ somewhere?

Use video product overviews?

Embed lead gen forms on your landing pages?

Reduce your outbound links on your pages?

Reduce your page columns to max two?

Make your headline action-oriented?

Put your CTA above the fold?

Always use the word ‘Free’ somewhere?

Use video product overviews?

Embed lead gen forms on your landing pages?

Reduce your outbound links on your pages?

Reduce your page columns to max two?

Make your headline action-oriented?

Put your CTA above the fold? Always use the word ‘Free’ somewhere?

Use video product overviews?

Embed lead gen forms on your landing pages?

Reduce your outbound links on your pages?

Reduce your page columns to max two?

Make your headline action-oriented?

Put your CTA above the fold?

Always use the word ‘Free’ somewhere?

Use video product overviews? Embed lead gen forms on your landing pages?

Reduce your outbound links on your pages?

Reduce your page columns to max two?

Make your headline action-oriented?

Put your CTA above the fold?

Always use the word ‘Free’ somewhere?

Use video product overviews?

Embed lead gen forms on your landing pages?

Reduce your outbound links on your pages?

Reduce your page columns to max two?

Make your headline action-oriented? Put your CTA above the fold?

Always use the word ‘Free’ somewhere?

Use video product overviews?

Embed lead gen forms on your landing pages?

Reduce your outbound links on your pages?

Reduce your page columns to max two?

Make your headline action-oriented?

Put your CTA above the fold?

Always use the word ‘Free’ somewhere?

Use video product overviews?

Embed lead gen forms on your landing pages?

Reduce your outbound links on your pages?

Reduce your page columns to max two?

Make your headline action-oriented?

Put your CTA above the fold?

Always use the word ‘Free’ somewhere?

Use video product overviews?

Embed lead gen forms on your landing pages?

Reduce your outbound links on your pages?

Reduce your page columns to max two?

Make your headline action-oriented?

Put your CTA above the fold? Always use the word ‘Free’ somewhere?

Use video product overviews?

Embed lead gen forms on your landing pages?

Reduce your outbound links on your pages?

Reduce your page columns to max two?

Make your headline action-oriented?

Put your CTA above the fold?

Always use the word ‘Free’ somewhere?

Use video product overviews? Embed lead gen forms on your landing pages?

Reduce your outbound links on your pages?

Reduce your page columns to max two?

Make your headline action-oriented?

Put your CTA above the fold?

Always use the word ‘Free’ somewhere?

Use video product overviews?

Embed lead gen forms on your landing pages?

Reduce your outbound links on your pages?

Reduce your page columns to max two?

Make your headline action-oriented? Put your CTA above the fold?

Always use the word ‘Free’ somewhere?

Use video product overviews?

Embed lead gen forms on your landing pages?

Reduce your outbound links on your pages?

Reduce your page columns to max two?

Make your headline action-oriented?

Put your CTA above the fold?

Always use the word ‘Free’ somewhere?

Use video product overviews?

Embed lead gen forms on your landing pages?

Reduce your outbound links on your pages?

Reduce your page columns to max two?

Make your headline action-oriented?

Put your CTA above the fold?

Always use the word ‘Free’ somewhere?

Use video product overviews?

Embed lead gen forms on your landing pages?

Reduce your outbound links on your pages?

Reduce your page columns to max two?

Make your headline action-oriented?

Put your CTA above the fold? Always use the word ‘Free’ somewhere?

Use video product overviews?

Embed lead gen forms on your landing pages?

Reduce your outbound links on your pages?

Reduce your page columns to max two?

Make your headline action-oriented?

Put your CTA above the fold?

Always use the word ‘Free’ somewhere?

Use video product overviews? Embed lead gen forms on your landing pages?

Reduce your outbound links on your pages?

Reduce your page columns to max two?

Make your headline action-oriented?

Put your CTA above the fold?

Always use the word ‘Free’ somewhere?

Use video product overviews?

Embed lead gen forms on your landing pages?

Reduce your outbound links on your pages?

Reduce your page columns to max two?

Make your headline action-oriented? Put your CTA above the fold?

Always use the word ‘Free’ somewhere?

Use video product overviews?

Embed lead gen forms on your landing pages?

Reduce your outbound links on your pages?

Reduce your page columns to max two?

Make your headline action-oriented?

Put your CTA above the fold?

Always use the word ‘Free’ somewhere?

Use video product overviews?

Embed lead gen forms on your landing pages?

Reduce your outbound links on your pages?

Reduce your page columns to max two?

Make your headline action-oriented?

Put your CTA above the fold?

Always use the word ‘Free’ somewhere?

Use video product overviews?

Embed lead gen forms on your landing pages?

Reduce your outbound links on your pages?

Reduce your page columns to max two?

Make your headline action-oriented?

Put your CTA above the fold? Always use the word ‘Free’ somewhere?

Use video product overviews?

Embed lead gen forms on your landing pages?

Reduce your outbound links on your pages?

Reduce your page columns to max two?

Make your headline action-oriented?

Put your CTA above the fold?

Always use the word ‘Free’ somewhere?

Use video product overviews? Embed lead gen forms on your landing pages?

Reduce your outbound links on your pages?

Reduce your page columns to max two?

Make your headline action-oriented?

Put your CTA above the fold?

Always use the word ‘Free’ somewhere?

Use video product overviews?

Embed lead gen forms on your landing pages?

Reduce your outbound links on your pages?

Reduce your page columns to max two?

Make your headline action-oriented? Put your CTA above the fold?

Always use the word ‘Free’ somewhere?

Use video product overviews?

Embed lead gen forms on your landing pages?

Reduce your outbound links on your pages?

Reduce your page columns to max two?

Make your headline action-oriented?

Put your CTA above the fold?

Always use the word ‘Free’ somewhere?

Use video product overviews?

Embed lead gen forms on your landing pages?

Reduce your outbound links on your pages?

Reduce your page columns to max two?

Make your headline action-oriented?

Put your CTA above the fold?

Always use the word ‘Free’ somewhere?

Use video product overviews?

Embed lead gen forms on your landing pages?

Reduce your outbound links on your pages?

Reduce your page columns to max two?

Make your headline action-oriented?

Put your CTA above the fold? Always use the word ‘Free’ somewhere?

Use video product overviews?

Embed lead gen forms on your landing pages?

Reduce your outbound links on your pages?

Reduce your page columns to max two?

Make your headline action-oriented?

Put your CTA above the fold?

Always use the word ‘Free’ somewhere?

Use video product overviews? Embed lead gen forms on your landing pages?

Reduce your outbound links on your pages?

Reduce your page columns to max two?

Make your headline action-oriented?

Put your CTA above the fold?

Always use the word ‘Free’ somewhere?

Use video product overviews?

Embed lead gen forms on your landing pages?

Reduce your outbound links on your pages?

Reduce your page columns to max two?

Make your headline action-oriented? Put your CTA above the fold?

Always use the word ‘Free’ somewhere?

Use video product overviews?

Embed lead gen forms on your landing pages?

Reduce your outbound links on your pages?

Reduce your page columns to max two?

Make your headline action-oriented?

Put your CTA above the fold?

Always use the word ‘Free’ somewhere?

Use video product overviews?

Embed lead gen forms on your landing pages?

Reduce your outbound links on your pages?

Reduce your page columns to max two?

Make your headline action-oriented?

Put your CTA above the fold?

Always use the word ‘Free’ somewhere?

Use video product overviews?

Embed lead gen forms on your landing pages?

Reduce your outbound links on your pages?

Reduce your page columns to max two?

Make your headline action-oriented?

Put your CTA above the fold? Always use the word ‘Free’ somewhere?

Embed lead gen forms on your landing pages?

Reduce your outbound links on your pages?

Reduce your page columns to max two?

Make your headline action-oriented?

Put your CTA above the fold?

Always use the word ‘Free’ somewhere?

Use video product overviews? Embed lead gen forms on your landing pages?

Reduce your page columns to max two?

Put your CTA above the fold?

Always use the word ‘Free’ somewhere?

Use video product overviews?

Embed lead gen forms on your landing pages?

Reduce your outbound links on your pages?

Reduce your page columns to max two?

Make your headline action-oriented? Put your CTA above the fold?

Use video product overviews?

Embed lead gen forms on your landing pages?

Reduce your outbound links on your pages? Make your headline action-oriented?

Put your CTA above the fold?

Always use the word ‘Free’ somewhere?

Use video product overviews?

Embed lead gen forms on your landing pages?

Reduce your outbound links on your pages?

Reduce your page columns to max two?

Make your headline action-oriented?

Put your CTA above the fold?

Always use the word ‘Free’ somewhere?

Use video product overviews?

Embed lead gen forms on your landing pages?

Reduce your outbound links on your pages?

Reduce your page columns to max two?

Make your headline action-oriented?

Put your CTA above the fold? Always use the word ‘Free’ somewhere?

Use video product overviews?

Embed lead gen forms on your landing pages?

Reduce your outbound links on your pages?

Reduce your page columns to max two?

Make your headline action-oriented?

Put your CTA above the fold?

Always use the word ‘Free’ somewhere?

Use video product overviews? Embed lead gen forms on your landing pages?

Reduce your outbound links on your pages?

Reduce your page columns to max two?

Make your headline action-oriented?

Put your CTA above the fold?

Always use the word ‘Free’ somewhere?

Use video product overviews?

Embed lead gen forms on your landing pages?

Reduce your outbound links on your pages?

Reduce your page columns to max two?

Make your headline action-oriented? Put your CTA above the fold?

Always use the word ‘Free’ somewhere?

Use video product overviews?

Embed lead gen forms on your landing pages?

Reduce your outbound links on your pages?

Reduce your page columns to max two?

Make your headline action-oriented?

Put your CTA above the fold?

Tips & tricks are dead ends.

Page 19: How to increase your sales by more than 40% like weBoost did

© 2007-2017 WiderFunnel Marketing Inc.

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They needed:

A program that produces proven sales lift throughout every marketing touchpoint.

Page 20: How to increase your sales by more than 40% like weBoost did

© 2007-2017 WiderFunnel Marketing Inc.

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Expert optimization

team

Proven optimization

process

Meaningful customer insights

The three factors for positive growth

Page 21: How to increase your sales by more than 40% like weBoost did

© 2007-2017 WiderFunnel Marketing Inc.

Tweet this: @chrisgoward @jelgie #Awesome

Page 22: How to increase your sales by more than 40% like weBoost did

© 2007-2017 WiderFunnel Marketing Inc.

Tweet this: @chrisgoward @jelgie #Awesome

What makes a great optimization process?

Page 23: How to increase your sales by more than 40% like weBoost did

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Analyst

Page 24: How to increase your sales by more than 40% like weBoost did

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Proven Quantitative Logical Solid

Intuitive Qualitative

Inspired Fuzzy Yang

Yin

Page 25: How to increase your sales by more than 40% like weBoost did

© 2007-2017 WiderFunnel Marketing Inc.

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The best optimization process delivers inspiration and proof.

Page 26: How to increase your sales by more than 40% like weBoost did

© 2007-2017 WiderFunnel Marketing Inc.

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Infinity Optimization Process

Page 27: How to increase your sales by more than 40% like weBoost did

© 2007-2017 WiderFunnel Marketing Inc.

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Explore

Page 28: How to increase your sales by more than 40% like weBoost did

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Explore

The LIFT Model helps you look at marketing touchpoints through customers’ perspective.

Page 29: How to increase your sales by more than 40% like weBoost did

© 2007-2017 WiderFunnel Marketing Inc.

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TM LIFT Model

Page 30: How to increase your sales by more than 40% like weBoost did

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CLARITY: Based on scroll and heuristic analysis, the first block of content created a false bottom.

CLARITY: White/black text on dark purple hard to quickly read.

VALUE PROPOSITION: Crisp, clear value proposition messaging.

DISTRACTION: Overwhelming content creates cognitive load.

Page 31: How to increase your sales by more than 40% like weBoost did

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“Cognitive strain makes people wary of their actions.”

– Daniel Kahneman

Page 32: How to increase your sales by more than 40% like weBoost did

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source: NNGroup

Decreased confidence in one’s actions/choices

Decreased trust in the site/application

Decreased likelihood of taking desirable actions

Page 33: How to increase your sales by more than 40% like weBoost did

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BJ Fogg Behavior Model

Page 34: How to increase your sales by more than 40% like weBoost did

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Explore

Nearly 200 cognitive biases we know of so far to persuade shoppers.

Page 35: How to increase your sales by more than 40% like weBoost did

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Infinity Optimization Process

Page 36: How to increase your sales by more than 40% like weBoost did

© 2007-2017 WiderFunnel Marketing Inc.

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Variation A Variation B Control

?

Page 37: How to increase your sales by more than 40% like weBoost did

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Clear segmentation module.

Redesign Variation A

Best-selling products move higher on the page.

Page 38: How to increase your sales by more than 40% like weBoost did

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Redesign Variation B

Tabs provide more info and data on engagement.

Segmenting options to differentiate home and business shoppers.

Page 39: How to increase your sales by more than 40% like weBoost did

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Variation A Variation B Control

é15.8% Sales é41.4% Sales

?

Page 40: How to increase your sales by more than 40% like weBoost did

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Conversion optimization can create dramatic and fast design improvements

Page 41: How to increase your sales by more than 40% like weBoost did

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Video Variation New Control

é153.6% Video views

ê10.6% Sales

Page 42: How to increase your sales by more than 40% like weBoost did

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Page 43: How to increase your sales by more than 40% like weBoost did

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Validate

Analyzing results often leads to surprising insights for future experiments.

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Validate

Hypothesis: Reducing prominence of videos will increase sales.

Page 45: How to increase your sales by more than 40% like weBoost did

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ê 29.4% Video views

Control Variation A

é 33% Sales

Page 46: How to increase your sales by more than 40% like weBoost did

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Where else can you apply your experiment-proven insights?

Page 47: How to increase your sales by more than 40% like weBoost did

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The goals of experimentation are: Growth + Insights

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Explore

User research creates data-driven empathy.

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Exit Surveys

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Page 51: How to increase your sales by more than 40% like weBoost did

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Page 52: How to increase your sales by more than 40% like weBoost did

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Page 53: How to increase your sales by more than 40% like weBoost did

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DISTRACTION: Multiple similar CTAs dilutes attention

RELEVANCE: Installation guide not relevant to many users

DISTRACTION: Write a review and Ask a question interrupts purchase flow

RELEVANCE: Important package content is buried in text

RELEVANCE: All information relevant to purchase decision is below the fold

ANXIETY: Overwhelming amount of information can cause users to abandon

CLARITY: Disjointed eyeflow creates confusion.

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Variation A Variation B

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Validate

Design of Experiments is used to maximize the growth and insights results from experiments.

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ê 8% Sales é 27% Sales

Variation A Variation B

?

Page 57: How to increase your sales by more than 40% like weBoost did

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Insight: Tabbed content doesn’t work for PDPs

Right?

Page 58: How to increase your sales by more than 40% like weBoost did

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Get a free chapter at www.YouShouldTestThat.com

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The best solutions meet the needs of your customer segments in their context.

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Feedback Polls

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Post-purchase surveys

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Page 63: How to increase your sales by more than 40% like weBoost did

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é 23% Sales é 46% Sales

Control Variation A Variation B

Page 64: How to increase your sales by more than 40% like weBoost did

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What have we achieved so far?

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Before After

Page 66: How to increase your sales by more than 40% like weBoost did

© 2007-2017 WiderFunnel Marketing Inc.

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Before After

Page 67: How to increase your sales by more than 40% like weBoost did

© 2007-2017 WiderFunnel Marketing Inc.

Tweet this: @chrisgoward @jelgie #Awesome

Before After

Page 68: How to increase your sales by more than 40% like weBoost did

© 2007-2017 WiderFunnel Marketing Inc.

Tweet this: @chrisgoward @jelgie #Awesome

104% conversion rate lift (e.g. doubled) 215% revenue lift across entire website

Business Results:

Page 69: How to increase your sales by more than 40% like weBoost did

© 2007-2017 WiderFunnel Marketing Inc.

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Beyond just website revenue…

Profitably grown our digital advertising spend behind this strategy •  71% increase in site traffic •  400%+ increase in impressions

Total company sales now increasing strong double digits

Page 70: How to increase your sales by more than 40% like weBoost did

© 2007-2017 WiderFunnel Marketing Inc.

Tweet this: @chrisgoward @jelgie #Awesome

It’s a way to make the entire digital advertising platform for a brand

more effective and profitable.

Conversion Optimization is not just about website sales

Page 71: How to increase your sales by more than 40% like weBoost did

© 2007-2017 WiderFunnel Marketing Inc.

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Become an optimization champion

Get the new 32-page

“Optimization Champion’s Handbook” Send an email to: [email protected] Subject: Champion Handbook Please!

Page 72: How to increase your sales by more than 40% like weBoost did

Profitable ‘A-ha!’ moments everyday.™