What keeps
you up at night?
It’s a good question for you to ask yourself once in
a while. For most eCommerce entrepreneurs one of the
answers is the thought of revenue lost as potential
customers abandon your web site without buying. That’s
97.4% or so of your visitors, according to the accepted
industry average conversion rate. Are you confident
that your site converts visitors into customers at the
best rate possible? If so, you’re probably getting a
better night’s sleep than most.
If not, you’re probably tossing and turning, thinking
about ways to increase web site sales. You might think
you have already tried every little conversion rate
optimization tip or trick. Do you have a strong “Call
to Action” benefit? Have you ever tested different messaging
with tools such as split A/B landing page optimization?
The web is always changing. Unless you are sure that
there is no room for improvement, its clearly time to
consider how you can take your website to the next level
to increase online sales with a value added promotional
benefit.
1. Bait your prospects with the right cheese.
Online shoppers are more sophisticated today. You should
assume that your prospects will evaluate three to four
competitors before deciding to purchase. You need to
stand out and provide the right bait to get your prospects
to stop and buy at your site, rather than move on to
a competitor.. In some cases, merchants need to find
a special kind of cheese that will get the mouse to
click on certain shipping options or up-sells. Getting
creative in what bait you use is what will increase
conversion rates if you know what type of cheese will
make that mouse click.
2. Create a value-added offer.
Sometimes you need to go beyond your product line to
find a potential partner that could benefit from a cross
promotion. Some gift items can be presented as bonus
offerings that would bring a high perceived added value,
such as. Phone cards with a volume discount. Such an
item could even be co-branded as a special value- added
thank you gift.
3. Offer free gifts that create viral marketing
buzz.
Think of a gift or promotional item that prospects
will keep on them at all times such as inside their
purse or wallet. Giving this item away is what creates
the viral marketing buzz for increased “buzz”, brand
awareness, and ultimately more Internet sales. The example
of a free co-branded phone card giveaway is a great
way to get your customers to carry your brand at all
times and increase repeat orders and referrals. Gifts
like phone cards are especially effective because they
are designed for repeated use. As a result, the customer
will be exposed to your brand for the seven plus times
experts say are necessary before a prospect is ready
to convert to a sale or reorder. It’s also likely to
more than carry its weight in referrals.
4. Create a personalized benefit.
Always look for ways to personalize your offer. Instead
of “we” or” I”. talk to the customer individually as
“you”. Make your prospects feel special, elite and make
it personal in any way possible when giving away a value
added benefit. Personalize your gift when possible and
find a partner with whom you could cross promote a co-branded
personalized items.
5. Give away a high perceived value item.
Offering something for FREE is always nice. But the
word “free” can carry negative connotations. You always
want to keep the perceived value of any gift or offer
high.
Example:
Get a Free phone card with your order today
Vs.
Receive a complimentary phone card worth more than
1 hour of free calling to the U.S. and many other countries
as a personal thank you gift for your order today.
Grab your prospects today, and give them an incentive
to buy on your site. Now its time for you to find your
special “cheese” that will get your prospect’s mouse
to click on your personalized high perceived-value benefit.
Brian Hawkins has several years of experience providing
tips on conversion rate optimization while working for
two leading search engine marketing agencies. Currently
Mr. Hawkins is an affiliate marketing manager for Pingo's
prepaid phone card service and is responsible for establishing
phone card partnerships and affiliate relationships.
Pingo phone cards are a service of iBasis one of the
ten largest carriers of international phone calls in
the world. Brian can be reached at 781-505-7865 or email:
bhawkins (at) pingo.com 2006© iBasis, Inc. All rights
reserved.
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