Conversions either in the form of sales or in the form of lead generations are the lifeblood of most e-commerce sites. Conversion rates vary by industry but it is generally agreed upon that 2% is an average for most e-commerce sites. Unfortunately, most business get lost in the small percentage numbers and fail to realize that raising a conversion rate of 2% by a mere 1% can improve profits by a whopping 50%! That 1% can be a definite game changer for an e-commerce site, therefore conversion optimization of your site should be a top priority.
As such, we’ve created a list of the top five conversion optimization tips, which if implemented even partially, should result in an improved ROI. These are not in order of priority but instead we’ve placed them in the natural order of a typical e-commerce transaction.
- Relevant Traffic – Relevancy is a word you will see consistently in any e-commerce marketing discussion. As it applies to internet traffic it refers to visitors that are actively interested in what you have to offer. This means your traffic should be focused and targeted, two traits delivered by Search Engine Optimization and Pay Per Click campaigns. Purchasing generic traffic will generally result in extremely low conversion rates, if any at all. For optimal conversion optimization you should use targeted traffic, though more expensive, is actually more cost effective and will generate more conversions.
- Intuitive Navigation – Assuming you managed to get relevant visitors to your landing pages, you want to make it easy for them to find what they are looking for. Your product or service offerings should be divided into groups, each one with an easy to find navigational link. Your site should have an easy to use search option and don’t forget to enable breadcrumbs, so visitors know exactly where they are within your site.
- Unique Content – Visitors looking for specific products will most probably have already visited a few of your competitors. Make sure your product descriptions are not the same OEM descriptions your competitors are using, that will only cause your visitor’s eyes to glaze over. Instead use unique descriptions with a different angle or twist not covered in OEM descriptions. If you can provide more information about a product, a visitor is more likely to become a customer.
- Focus on Benefits – List your product specifications and features, those are always useful. But forconversion optimization you need to have your visitor imagine the benefits of owning that product. They need to see themselves using it, and reaping its benefits. This is why a test drive is so important in car sales. Take them for a drive and the sale is almost in the bag.
- Third Party Trust Seals – The last item you need to focus on is consumer confidence. Your potential customer needs to feel safe passing personal and financial information to someone they’ve never met. Third party trust seals are those logos and icons found on checkout pages designed to instill trust. Examples include logos issued by the Better Business Bureau, SSL certificates from your hosting company and Verified Seller logos from credit card processing companies.
There you have it. Implement these five conversion optimization tips and your revenue as well as profits should soar. Remember that some of these changes will result in instant changes, while others will definitely take longer. Should you have any questions about implementing some of these tips, feel free to shoot us a message and we'd be happy to chat with you.