Turn Your Browsers Into Buyers - unlock the hidden goldmine on your site
"Online merchants convert an average of 2%-3% of their site visitors into buyers."
- The e-tailing group 2007.
"That's about the same as last year. And the year before that."
The greatest impact you can make on your online performance is to improve your conversion rate.
There is no other form of online marketing that comes close to delivering the return on investment that an increase in conversions can deliver.
Increase Your Performance by Over 1,000%
Although it's a fact that almost all online businesses convert only about 2% of their traffic, the good news is that if you're in this majority, then just getting to 4% would double your results.
Getting a 20 or 30% conversion rate is simply mind boggling, yet that is exactly what a few select online businesses are doing.
How Can I Do This?
It starts by recognising that the customer is actively looking for something when they come to your store. But, it's up to you to delight them enough to spend time on your site and do business with you.To do that, you must first define what it is they desire, then present it in ways that they will respond to positively. The customer is looking for a real reason to do business with you, and if you connect to that, then you will reap the rewards. This is a very different game than what currently passes for online marketing.
Play a Smarter Game
Most forms of online marketing you do, such as search engine marketing or online advertising, will only work for as long as your paying for the campaign. Once the campaign is over, your back to where you started, and you'll have to write another cheque if you want to replicate the results for the coming month.
Average Conversion Rates
April 2008
Global 2.40%First Time Visitors 2.10%
Repeat Visitors 2.70%
Cart Abandonment Rate 76.50%
- source Fireclick
The trick is is to play a smarter game. Increased conversion rates means increased revenues. Once you've made the increase, you get the result every month, month after month, year after year. It's a perpetual increase, a one off investment that gives a permanent, persistent increase in sales. Higher search engine rankings may not, nor higher traffic, the number of ad impressions nor how many emails were opened. Find out how to play a smarter game.
Do the Work, Get the Result
Improving your conversions involves work, hard work, but if you've read this far then you recognise that the rewards are enormous.Increasing conversion rates is a simple concept, but there are thousands of things required to achieve it. The best part is that there is plenty of low hanging fruit to be harvested, so anyone can start the improvement process straight away.
Increasing Conversion Rates is What I Do
It just makes incredible business sense to me. Not only do sales go up, but costs come down. While email, search engine optimizationand marketing, online advertising, SMS, social media etc all have their place, they pale in comparison to the dramatic effect of conversion rate improvement. These other tactics are still highly useful, but only after you've got your conversion rate as high as you possibly can.
Find Out More
If you'd like to find out more about how I can help you increase your conversion rate and online business contact me at Breakthrough Ecommerce on 0411 353 693, (08) 9399 3853 or email Breakthrough Ecommerce.Or, just keep reading the information and resources on this site, especially my blog where I give away my secrets gained from years of running and creating very successful online businesses. I promise it is practical, no nonsense advice.