Wednesday, September 30, 2009

By the Numbers: By the Numbers

Don't make the mistake of assuming that every visitor is a potential prospect or buyer for your goods or services. The mythical 100 percent conversion rate simply doesn't exist. It's a delusion.
Search Engine Watch
About | Blog | Forums | Search Marketing Topics | Ratings & Stats | View Online
SEW Experts   By the Numbers
ClickZ - News and expert advice for the digital marketer ClickZ Events - Solutions for Interactive Marketers Search Engine Watch - Search Engine Marketing Tips & Search Engine News Search Engine Strategies - the Event for Search Engine Marketing & Optimization
Subscribe to Newsletters Subscribe to RSS Feeds Free Webcasts Members Area Forums How to Advertise

SES Chicago 2009

SEW Expert - Tim Ash The Myth of Perfect Conversion
More SEW EXPERTS: BY THE NUMBERS SEW EXPERTS: BY THE NUMBERS

By Tim Ash, SEW, Sep 30, 2009
Columns  |  Contact Tim  |  Biography

Don't make the mistake of assuming that every visitor is a potential prospect or buyer for your goods or services. The mythical 100 percent conversion rate simply doesn't exist. It's a delusion.

There are three types of visitors to your Web site:

  1. Noes: Those that won't ever take the desired action.
  2. Yesses: Those that will always take the desired action.
  3. Maybes: Those that may take the desired action.

You should completely ignore the first two and concentrate on the last group. Let's examine this more closely.

Noes

Some visitors to your Web site aren't prepared to take action.

They may be unable to afford what you sell. They may work for your rival and are merely conducting competitive research. Or they may have been simply surfing the Web and thought that it was worth a second of their time to look at your landing page.

There are countless reasons why someone won't take the desired action. The important realization is that there is nothing that you can do to influence them to act. For most landing pages, this group is by far the largest of the three.

Yesses

There is also a group of visitors who will always take the desired action. There is ample evidence for this.

People will put up with maddeningly difficult registration or checkout processes. They will seek out links and information buried deep within Web sites. In general, they will display a staggering degree of tenacity.

They do this for a variety of reasons. Some of them have willful personalities. Others are already sold on what you're offering due to outside influences.

Still others have searched far and wide and have been able to find only your company as a viable answer to their immediate and burning needs. Others are just tired of looking further and have settled on your company as the best alternative that they have seen.

Regardless, short of a broken Web site, nothing will deter these people from taking the desired action on your landing page. The main point is that these people don't need any convincing by you.

Maybes

The final group of undecideds contains a wide variety of people. Some of them are almost there -- a small improvement in your landing page or Web site might get them over the hump and result in the desired action. Others may need significant additional persuasion and handholding in order to come around.

Conversion Rate Chart

Unless your Web site is truly ineffectual, you're already converting some of the maybes. This segment of "yes-maybes," along with your yesses, makes up your current conversion rate.

However, even the best landing page won't be able to convert all of the people in this group at once -- they have contradictory needs. Landing page changes that sway a particular "maybe" might repel another.

At best, you can hope to convert only a portion of these undecideds. The remainder (the "no-maybes") will forever be out of your reach. So the maximum conversion rate improvement that is possible for your business is limited to capturing the rest of the "maybe-maybes" that are still up for grabs.

Of course, it's impossible to precisely measure, or even estimate, the sizes of these segments for a particular landing page or Web site. But you should understand that your actual conversion rate "ceiling" is well below 100 percent.

» Print this article   » E-mail a colleague   » Post a comment

Biography

Tim Ash is the president of SiteTuners.com, a performance-based landing page optimization company. During his Internet career, Tim has worked with companies like American Express, Sony Music, Black&Decker, eBags, American Honda, and McAfee (HackerSafe). He has chaired Internet conferences and spoken internationally at such industry events as Search Engine Strategies, PC Expo, the Affiliate Summit, eComXpo, and Internet World. Tim is a frequent columnist and writer on conversion improvement, and is the author of Amazon's e-commerce bestseller book Landing Page Optimization: The Definitive Guide to Testing and Tuning for Conversions (John Wiley & Sons Press, 2008).

Article Archives by Tim Ash:
» The Myth of Perfect Conversion - September 30, 2009
» Granularity in Landing Page Optimization - September 16, 2009
» Landing Page Optimization Pitfall -- Not Collecting Enough Data - September 2, 2009
» The Art of the Landing Page: 7 Tips For Increasing Conversions - August 19, 2009
» Lies, Damned Lies, and Statistics in Landing Page Optimization - August 5, 2009
» Your Baby Is Ugly - July 22, 2009
» More Articles by Tim Ash


Top Jobs

» Web Marketing Assistant
San Francisco, United States

» SEM Specialist
Zeta Interactive New York, United States

» Ad Sales Executive
MyWebGrocer New York City, United States

» Web Analytics Manager
Capstrat, Inc. Raleigh, United States

Send us Feedback | Technical Questions or Bug Reports | Legal Notices, Licensing, Reprints & Permissions | Privacy Policy

To unsubscribe, sign up for other newsletters or to change your e-mail address:
Update Your Profile

Incisive Media Plc. 120 Broadway, 5th Floor, New York, NY 10271
Incisive Interactive Marketing LLC. 2009 All rights reserved.
EmailLabs - High Performance Email Marketing
Get a Free Email Marketing Demo
All Search Engine Watch newsletters are sent from the domain "newsletters.clickz.com".
When configuring e-mail or spam filter rules, please use this domain name rather than the sender address, which may vary.

No comments: