The 3 biggest factors in Conversion Rate
Posted in Brand, Integrated Marketing, Search MarketingGo way beyond any CRO (conversion rate optimisation) and go big with the business if you really want to change conversion.
This blog post was spurred on by Lessons Learned from 21 Case Studies in Conversion Rate Optimization
I loved that blog post – and there are great examples but it neglects the 3 biggest factors. These factors go beyond the average role of someone responsible for CRO, but without these looked after first there is no magic bullet by performing any conversion optimization.
It’s not simple at all – conversion rate is just like meeting a girl (and I’ll prove it with italics)
You need 3 things
- Branding
- A Good Offer
- Demand
1) Branding
I’ve worked on websites with no brand awareness, and some with high brand awareness. It’s obvious to say that a brand you know will convert better.
If you don’t have a known (or liked) brand: make it very easy for users and ensure there are no hurdles in testing you out with minimal risk. Then they can gain trust and know (and love) your brand before you ask them to hand over cash.
If a girl knows who you are, it will make it easier for you to to hit it off. Compare meeting a girl in a bar, to a girl who is a friend of a friend.
We all know Basecamp – so what would make you choose ACE Project?
2) Offer
Call to action? Who cares. The more important factor is what you’re offering. “See plans & pricing” might be a good performing button – but what if your plans and pricing aren’t aligned with consumers? No matter what the words on the call to action say, conversion rate will be (s)hit.
If you’re dressed well but actually a bad person, it’s not going to help your case with a girl. Sure you might get her chatting to you but it’s not going to go any further.
This is actually an example from when I was looking at SERP ranking software. The offer for AuthorityLabs is so good, why would I go with a company I couldn’t try for free even though it may be better software?
3) Demand
A lot of visitors are just doing research and are not only weighing up you and your competitor, but also your product/services substitutes.
For example, I work in the gifting industry, and we sell experience gift vouchers (skydive, massage, that kind of stuff). When optimising for general gift buyers (i.e. someone searching for “gifts for men”), we not only need to be a better option than experience competitors, but also a better option that substitute gifts (books, department stores vouchers etc).
Think about the bigger picture, talk to your existing customers and find out what the factors were in creating the demand for them to purchase. If you know what piece of communication made your customers decide they want to buy from you – use this nugget to attract others.
If she’s looking for a guy, why would she choose you? If she’s not looking then how can you make her interested to start looking?
A lot easier said than done
CRO has it’s place, but it’s not the magic bullet. My point is to think about influencing the bigger picture first before fussing over what headline to use or colour of your buttons. It’s a lot harder than reaching statistical significance at a 95% confidence but means a lot more.




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