Conversion rate optimization (CRO) is the science and art of maximizing the number of website visitors that perform a desired action, such as contacting your company, requesting a quote, downloading a whitepaper or subscribing to a newsletter.
Historically, conversion rate optimization has accounted for a small percentage of small business marketing budgets . In 2016, we think that will grow, partly due to the fact that maximizing your company’s existing website traffic is less costly than getting new visitors.
Given the many ways of optimizing visitor conversion rates, it can be difficult to know what is effective. For the past seven years, Econsultancy has produced a “ Conversion Rate Optimization Report ,” polling companies on their experiences with various strategies. Let’s use the findings of the 2015 report to see what worked last year so you can enhance your 2016 CRO efforts.
2015 Trends
Econsultancy polled various companies, reporting CRO trends for that year. Although many factors are provided in the report, the main ones are
For easy comparison, this table compares these three factors:
PopularityEaseValueA/B TestingOnline surveysCustomer journey analysisOnline surveysCopy optimizationA/B testingCopy optimizationA/B TestingUsability testingCustomer journey analysisAbandonment emailSegmentationSegmentationCompetitor benchmarkingWebsite personalizationCompetitor benchmarkingUsability testingMultivariate testingUsability testingExpert usability reviewsCart abandonment analysisBehavioral emailBehavioral emailCopy optimizationAbandonment emailCustomer journey analysisBehavioral emailMultivariate testingCart abandonment analysisOnline surveysCart abandonment analysisMultivariate testingAbandonment emailExpert usability reviewsSegmentationExpert usability reviewsWebsite personalizationWeb personalizationCompetitor benchmarking
Defining the Strategies
The Econsultancy report focused on the following 13 strategies:
Which Conversion Rate Optimization Tactics Should You Use in 2016?
As you have limited resources, you want to leverage the CRO tactics that are easy to implement yet produce valuable data. These four are your best bets for 2016:
CRO Tactics to Consider Next
The following tools could provide significant value. However, carefully consider if the implementation effort is worth it:
Conversion Rate Optimization Tactics to Skip
Based on the 2015 conversion rate optimization study, you are better off not using the following tactics. While they may provide some value, one of the previously listed tools would probably be a better choice:
Now that you’ve studied the conversion rate optimization efforts of last year, you are better prepared to optimize in 2016.
Every online marketing plan should include optimizing existing content. Because it’s easier to optimize old content than to create new content, it’s going to be easier on your schedule.
How much more value could you get from your web presence? At Whittington Consulting, we’ve been optimizing websites since the 1990s. We can help your companies get new leads and business from your website.