Tuesday, April 8, 2014

How Conversion Rate Optimization Reduces “Bailout Rate”

The most profitable form of website optimization is conversion rate optimization (CRO). CRO is the continuous process of modifying your website and landing pages to produce more conversions from the traffic you receive. More leads, opt-ins and sales are examples of the kind of conversions that CRO produces. In fact, this kind of optimization is the easiest and fastest way to increase sales without using more funds to increase website traffic.


The purpose of conversion rate optimization is to minimize the “bailout rate” (rate at which visitors leave) and maximize your website’s conversion rate. This is done by redesigning your landing pages to make them more persuasive and much easier to navigate by your visitors. Here is a brief explanation of some of the techniques that make CRO work.

Website Speed Optimization
You can minimize your “bail out rate” by optimizing your site’s landing pages to download in less than 5 seconds for a visitor using a 56k modem. Users are more likely to read through your page content when it loads very fast. So CRO will help you to eliminate all unnecessary page elements and ensure that your site’s visitors don’t abandon your site because it loads too slowly.

Rewriting of Headlines
Your headline is the first and best opportunity that you have to grab your visitors’ attention and compel them to keep reading the rest of the content. And it offers the greatest chance to improve your conversion rate. In fact, one of the most effective CRO strategies is to rewrite your headline so that it states the best benefit that your product or service offers.

Eye Catchy Call to Action
Another major element that CRO uses to improve your conversion rate is your offer. This is the part of your page that makes a request from your visitors. It is the most important element that can be optimized to raise your conversions after your headline. The call to action should be optimized to ensure that visitors make a purchase, opt in to your email list or sign up for your newsletter.

Powerful Benefits Listing
Conversion rates can easily be improved with a well-written bullet list of benefits. CRO will help you to discover the “value hierarchy” of your target market (i.e. what is most important to your prospects and customers). The list of benefits will be arranged so that the most important ones are at the top.  

Professional Look that Builds Credibility
Most sales are lost on websites due to the absence of vital elements that build trust in the eyes of potential buyers. CRO will bring in more sales by giving your landing pages a professional look and feel. In addition to a professional look, logos like VeriSign and BBBOnline certification can turn more prospects into buyers.

The impact of conversion rate optimization on your conversion rate can be greater than you ever imagined. For instance, a case study published by Marketing Sherpa revealed that through effective website optimization, www.GotoMyPC raised their conversion rates by 400 percent. Your website can be the next success story.

Contact Website Optimization to learn more about conversion rate optimization.


Website Optimization
3134 SUNNYWOOD DR
ANN ARBOR, MI 48103
Phone: (877) 748-3678
Fax: (734) 661-1331
http://www.websiteoptimization.com/
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