"Conversion rate" refers to the number of people that are achieving a set goal on a website, expressed as a percentage of how many people visited the site overall. This could mean making a purchase or submitting a contact form, newsletter sign-ups, competition entries or even watching a video.
The maths is quite simple and can be expressed as:
Number of intended outcomes / Number of visitors = Conversion %
For a fictional ecommerce site that has 100 visitors per day and has 5 orders placed this would be:
5 orders / 100 visitors = 5% Conversion Rate
In order to succeed in the online world, a website must have good conversion rates; although a website may get a high amount of traffic, if this traffic does not convert then it is wasted.
Ultimately, it is your number one goal.
What is Conversion Rate Optimisation?
The aim of CRO is to improve the performance of a website's landing page or a page in the order process or contact funnel, in order to increase the number of intended actions your visitors make. It involves observing the behaviour of your website traffic, making a hypothesis as to why they aren’t taking the action you want them to take, and then applying a test to see if you can improve the results of that page.
It is a process which is ongoing and should be included in your overall marketing strategy if you want to get the most from your website. Improving the conversion rate of a page without increasing the levels of traffic means you make the most of your ad spend and essentially make more sales or drive more leads. This will have a direct impact on your profitability and yet many businesses will continue to throw budget at buying traffic without understanding how that traffic is working for your business.
It is vital to put yourself in the position of the customer, seeing exactly how well the website works from their point of view. This is the best way to check that your website is user friendly. If your website is slow, confusing, misleading or difficult to use then customers are likely to leave the site and not return. Your website is the sales person to your customer online. You need them to take care of your customers as well as they would if you met them in person.
Additionally, a website should look good. Visitors will judge a website on appearances and if it does not look good or trustworthy then they are unlikely to make a purchase or to give any personal details.
Why Choose Us?
Conversion rates are something which are very personal to each website; something that works really well for one site might not work at all for another, so it is important that conversion rate optimisation is done right; which is where ISD comes in.
If for example, your AdWords account is not performing as well as it should be, we will use data to formulate a hypothesis on how we can improve your landing page experience. We will apply a test to a portion of your traffic and monitor the results. If the conversion rate improves we roll out the change to your whole audience.
Our team works hard to stay in contact with you and your business to find out what your concerns are and we react promptly to address these.
If you would like to speak to us about our Conversion Rate Optimisation service then please give us a call on 0115 921 4636 or use our contact form.