webinar b2b cro & magento

44
© 2007-2014 WiderFunnel Marketing Inc. Tweet this: @WiderFunnel @AlhanKeser @JoanFeu #b2b #cro How To Dramatically Increase B2B Leads With Conversion Optimization August 12, 2014 Alhan Keser Sr Conversion Strategist WiderFunnel @AlhanKeser Joan Feu-Gelis Sr. Manager, Online Marketing at eBay (Magento) @JoanFeu

Upload: chris-goward

Post on 01-Jul-2015

537 views

Category:

Marketing


2 download

DESCRIPTION

Webinar on how Magento has dramatically lifted their B2B leads through WiderFunnel's Optimization System and Conversion Optimization.

TRANSCRIPT

Page 1: Webinar B2B CRO & magento

© 2007-2014 WiderFunnel Marketing Inc. Tweet this: @WiderFunnel @AlhanKeser @JoanFeu #b2b #cro

How To Dramatically Increase B2B Leads With Conversion Optimization

August 12, 2014

Alhan Keser Sr Conversion Strategist WiderFunnel

@AlhanKeser

Joan Feu-Gelis Sr. Manager, Online Marketing at eBay (Magento) @JoanFeu

Page 2: Webinar B2B CRO & magento

© 2007-2014 WiderFunnel Marketing Inc. Tweet this: @WiderFunnel @AlhanKeser @JoanFeu #b2b #cro

Presenters

Alhan Keser Sr Conversion Strategist WiderFunnel

@AlhanKeser

Page 3: Webinar B2B CRO & magento

© 2007-2014 WiderFunnel Marketing Inc. Tweet this: @WiderFunnel @AlhanKeser @JoanFeu #b2b #cro

Presenters

Joan Feu-Gelis Sr Manager, Online Marketing eBay (Magento)

@Magento

Page 4: Webinar B2B CRO & magento

© 2007-2014 WiderFunnel Marketing Inc. Tweet this: @WiderFunnel @AlhanKeser @JoanFeu #b2b #cro

What You’ll Learn Today

•  How Magento was able to dramatically lift conversion of qualified leads.

•  3 Golden Rules of B2B Conversion Optimization

Page 5: Webinar B2B CRO & magento

© 2007-2014 WiderFunnel Marketing Inc. Tweet this: @WiderFunnel @AlhanKeser @JoanFeu #b2b #cro

Magento

•  Maker of eCommerce software for leading brands – such as Nike.

•  Leader in field, with 26% Alexa top million-commerce businesses.

Page 6: Webinar B2B CRO & magento

© 2007-2014 WiderFunnel Marketing Inc. Tweet this: @WiderFunnel @AlhanKeser @JoanFeu #b2b #cro

Conversion Goal

Goal: Increase % of visitors who become a qualified lead through the demo request form.

DEMO REQUEST

QUALIFIED LEAD

Page 7: Webinar B2B CRO & magento

© 2007-2014 WiderFunnel Marketing Inc. Tweet this: @WiderFunnel @AlhanKeser @JoanFeu #b2b #cro

© 2007-2014 WiderFunnel Marketing Inc.

The Approach

Page 8: Webinar B2B CRO & magento

© 2007-2014 WiderFunnel Marketing Inc. Tweet this: @WiderFunnel @AlhanKeser @JoanFeu #b2b #cro

The HiPPO Method

Page 9: Webinar B2B CRO & magento

© 2007-2014 WiderFunnel Marketing Inc. Tweet this: @WiderFunnel @AlhanKeser @JoanFeu #b2b #cro

The HiPPO Method

Page 10: Webinar B2B CRO & magento

© 2007-2014 WiderFunnel Marketing Inc. Tweet this: @WiderFunnel @AlhanKeser @JoanFeu #b2b #cro

Your Customer Should Lead Your Strategy

Phase 1: Strategy

Web Analytics

Voice of Customer Marketing Analysis

Heuristic Analysis Relevance

Clarity

Anxiety Distraction

Urgency

Phase 2: Testing

Page 11: Webinar B2B CRO & magento

© 2007-2014 WiderFunnel Marketing Inc. Tweet this: @WiderFunnel @AlhanKeser @JoanFeu #b2b #cro

© 2007-2014 WiderFunnel Marketing Inc.

The Opportunity

Page 12: Webinar B2B CRO & magento

LIFT ™ Analysis

Page 13: Webinar B2B CRO & magento

© 2007-2014 WiderFunnel Marketing Inc. Tweet this: @WiderFunnel @AlhanKeser @JoanFeu #b2b #cro

L.I.F.T. Framework™

Urgency

Anxiety Distraction

Relevance Clarity

Page 14: Webinar B2B CRO & magento

Clarity: Video provides little information about why Magento was chosen.

Clarity: No outstanding, prominent elements to focus and direct eye-flow.

Clarity: Headline is easily skimmed over.

Relevance: Low relevance from the incoming source – copy is not relevant – video is too prominent – more copy should be included higher on the page before presenting a social proof section.

Clarity: All features about the tool are below the fold. The form gives a sense of a false bottom so people aren’t scrolling down to read the features.

Relevance: No mention of demo or free trial on the page which decreases relevance on the page.

LIFT™ Analysis

Value Proposition: No back-up in case visitor does not watch or listen to video.

Page 15: Webinar B2B CRO & magento

LIFT™ Analysis

Clarity: Key features that define why Magento is different from competitors is not present on the page.

Distraction: Secondary CTA (watch video) is taking priority over the primary (request a demo).

Distraction: Social proof elements on the page should be used as supporting content – not the primary focus.

Clarity: No prominent form headline – doesn’t draw the eye to the form.

Clarity: No mention of ‘Free’ demo in the form or CTA button.

Clarity: CTA button does not have a hover treatment and the call to action is not consistent with the rest of the site – a 15 minute phone demo as opposed to a link that is emailed.

Anxiety: Offer of a 15 minute call back may increase anxiety.

Page 16: Webinar B2B CRO & magento

© 2007-2014 WiderFunnel Marketing Inc. Tweet this: @WiderFunnel @AlhanKeser @JoanFeu #b2b #cro

© 2007-2014 WiderFunnel Marketing Inc.

Hypotheses & Experiment

Page 17: Webinar B2B CRO & magento

Variation A – Form Prominence + Case Study

More compelling claim about Warby Parker case study.

1

1

Reduce size of case study area.

2

2

Page 18: Webinar B2B CRO & magento

Variation A – Form Prominence + Case Study

More compelling claim about Warby Parker case study.

1

1

Reduce size of case study area.

2

2

More prominent form by moving up on page, including a subhead.

3

3

Reduce 2 step form to 1. 4

4

Include a clear privacy statement near form.

5

5

Page 19: Webinar B2B CRO & magento

Variation A – Form Prominence + Case Study

More compelling claim about Warby Parker case study. 1

1 Reduce size of case study area. 2

2 More prominent form by moving up on page, including a subhead.

3

3

Reduce 2 step form to 1. 4

4

Include a clear privacy statement near form. 5

5

Including the existing content from the control page.

6 6

Page 20: Webinar B2B CRO & magento

© 2007-2014 WiderFunnel Marketing Inc. Tweet this: @WiderFunnel @AlhanKeser @JoanFeu #b2b #cro

Variation B – Value Proposition

Making the same form changes as variation A. 1 1

Showcasing Magento’s value proposition and the value of having a personalized demo.

2 2

Moving the case study CTA to the bottom of the page along with the social proof company logos.

3

3

Page 21: Webinar B2B CRO & magento

© 2007-2014 WiderFunnel Marketing Inc. Tweet this: @WiderFunnel @AlhanKeser @JoanFeu #b2b #cro © 2007-2014 WiderFunnel Marketing Inc.

Which Page Generated More Qualified Leads? Var A: Form Prominence + Case Study Var B: Value Proposition

Page 22: Webinar B2B CRO & magento

© 2007-2014 WiderFunnel Marketing Inc. Tweet this: @WiderFunnel @AlhanKeser @JoanFeu #b2b #cro © 2007-2014 WiderFunnel Marketing Inc.

+115% Qualified B2B Leads

Conversion Rate Lift

Var B: Value Proposition

Which Page Generated More Qualified Leads?

Page 23: Webinar B2B CRO & magento

© 2007-2014 WiderFunnel Marketing Inc. Tweet this: @WiderFunnel @AlhanKeser @JoanFeu #b2b #cro

© 2007-2014 WiderFunnel Marketing Inc.

Rule #1: Test to Solve Conversion Barriers Don’t chase after so-called “best practices”

Page 24: Webinar B2B CRO & magento

© 2007-2014 WiderFunnel Marketing Inc. Tweet this: @WiderFunnel @AlhanKeser @JoanFeu #b2b #cro

Results

Control Page Var A: Form Prominence +90% Conversions

Var B: Value Proposition +115% Conversions

Page 25: Webinar B2B CRO & magento

LIFT™ Analysis

Page 26: Webinar B2B CRO & magento

LIFT™ Analysis

Clarity: A lot of small font size block copy deters people from reading and decreases clarity. The details provided of what the demo includes are hidden within the block of copy.

Clarity: The headline is long, wrapping to 3 lines.

Relevance: “Try the Demo” – not referenced in the headline on the demo page.

Distraction: There is a lot of copy on the page focused on persuading visitors to “try the demo”. The decision to “try” has already been made by clicking on the CTA so this page should be focused on the transaction.

Clarity: Copy is not focused on managing of the visitors’ expectations regarding what is required in order to try the demo.

Page 27: Webinar B2B CRO & magento

LIFT™ Analysis - continued Urgency/Anxiety: No mention of “instant access” or filling out a form which results in reduce anxiety

Clarity: The CTA copy is not focused on the action and lacks a hover treatment

Clarity: CTA button copy may decrease clarity because “Demo” is being used in 2 different ways

Clarity: No mention of “Free” on the page

Clarity: Without a caption it may be unclear what the screen shot is showing.

Clarity: CTA button far down the page. A lot of content is presented before the the ability to try the demo

Page 28: Webinar B2B CRO & magento

LIFT™ Analysis - continued

Clarity: Block of text requires concentration. Is it necessary?

Clarity: Are all fields required?

Clarity: “Submit” typically underperforms as CTA button copy.

Clarity: Inconsistent CTA design compared to previous step.

Distraction: “Try the Demo” CTA at the top.

Clarity: First form field is not auto-focused.

Page 29: Webinar B2B CRO & magento

Variation A – Value Proposition Focus

Page 30: Webinar B2B CRO & magento

© 2007-2014 WiderFunnel Marketing Inc. Tweet this: @WiderFunnel @AlhanKeser @JoanFeu #b2b #cro

Variation A – Value Proposition Focus

Reducing the length of the headline to increase clarity 2

2

Referencing “Try the Demo” in headline to increase relevance to the previous CTA

1

1

Increasing font size to improve readability 3

- Including shortened copy focused on what you get with trying the demo

4

4

Updating the CTA button copy, focusing on the action and adding hover treatment

5

5

- Adding a CTA link under the screen shot

6

6

Including mention of “Free” on the page 7

7

Page 31: Webinar B2B CRO & magento

© 2007-2014 WiderFunnel Marketing Inc. Tweet this: @WiderFunnel @AlhanKeser @JoanFeu #b2b #cro

Variation B – Full Form

Including a form headline that is relevant to “Try Demo” 2

2

Adding the form to the left side of the page to support eye flow 1

1

Aligning the CTA button with the form fields 3

3 Including the same demo value proposition points as Variation A, positioned below the screen shot image

5

5 Auto-focusing the first form field to draw the eye 4

4

Page 32: Webinar B2B CRO & magento

© 2007-2014 WiderFunnel Marketing Inc. Tweet this: @WiderFunnel @AlhanKeser @JoanFeu #b2b #cro

Variation C – Progressive Reveal

Reducing the amount of form fields – similar to the enterprise-demo functionality

1

1

Same as Variation B, plus:

Page 33: Webinar B2B CRO & magento

© 2007-2014 WiderFunnel Marketing Inc. Tweet this: @WiderFunnel @AlhanKeser @JoanFeu #b2b #cro

Variation C – part 2

Updating the form to show the last 4 fields once the first 3 are completed

2

2

Page 34: Webinar B2B CRO & magento

© 2007-2014 WiderFunnel Marketing Inc. Tweet this: @WiderFunnel @AlhanKeser @JoanFeu #b2b #cro

Variation D

Including the full form on the page, left aligned to support eye flow

1

1 Removing the screen shot and other supporting content on the page to reduce distraction

2

2

Page 35: Webinar B2B CRO & magento

Which Page Generated More Demo Requests?

VarA Value Focus

VarC Progressively Revealing Form

VarD Free of Distractions

+94.6% more demo requests

+79.3% more demo requests

+32.4% more demo requests

+3.8% more demo requests

VarB Full Form

Page 36: Webinar B2B CRO & magento

© 2007-2014 WiderFunnel Marketing Inc. Tweet this: @WiderFunnel @AlhanKeser @JoanFeu #b2b #cro

© 2007-2014 WiderFunnel Marketing Inc.

What about qualified leads?

Page 37: Webinar B2B CRO & magento

Which Page Generated More Qualified Leads?

VarA Value Focus

VarC Progressively Revealing Form

VarB Full Form

VarD Free of Distractions

+94.6% more demo requests

+79.3% more demo requests

+32.4% more demo requests

+3.8% more demo requests

Page 38: Webinar B2B CRO & magento

© 2007-2014 WiderFunnel Marketing Inc. Tweet this: @WiderFunnel @AlhanKeser @JoanFeu #b2b #cro

© 2007-2014 WiderFunnel Marketing Inc.

Rule #2: Optimize For What Matters Don’t rely on faux conversions

Page 39: Webinar B2B CRO & magento

© 2007-2014 WiderFunnel Marketing Inc. Tweet this: @WiderFunnel @AlhanKeser @JoanFeu #b2b #cro

Follow-Up Rounds

Var A: Urgency Headline +5.3%

Var B: Social Proof Headline -6.4%

Var C: Minimal Content +11.2%

Removed content in the right column

Var D: Remove Navigation +6.6%

Removed the top navigation

Page 40: Webinar B2B CRO & magento

© 2007-2014 WiderFunnel Marketing Inc. Tweet this: @WiderFunnel @AlhanKeser @JoanFeu #b2b #cro

Before & After

Page 41: Webinar B2B CRO & magento

© 2007-2014 WiderFunnel Marketing Inc. Tweet this: @WiderFunnel @AlhanKeser @JoanFeu #b2b #cro

© 2007-2014 WiderFunnel Marketing Inc.

Leave your comfort zone

Rule #3: Test Boldly

Page 42: Webinar B2B CRO & magento

© 2007-2014 WiderFunnel Marketing Inc. Tweet this: @WiderFunnel @AlhanKeser @JoanFeu #b2b #cro

© 2007-2014 WiderFunnel Marketing Inc.

Rule #1: Test to Solve Conversion Barriers Rule #2: Optimize For What Matters Rule #3: Test Boldly

Page 43: Webinar B2B CRO & magento

© 2007-2014 WiderFunnel Marketing Inc. Tweet this: @WiderFunnel @AlhanKeser @JoanFeu #b2b #cro

Is a better conversion strategy worth $30?

Download a free chapter at

www.YouShouldTestThat.com

Page 44: Webinar B2B CRO & magento

© 2007-2014 WiderFunnel Marketing Inc. Tweet this: @WiderFunnel @AlhanKeser @JoanFeu #b2b #cro

Alhan Keser Sr Conversion Strategist WiderFunnel

@AlhanKeser

Joan Feu-Gelis Sr. Manager, Online Marketing at eBay (Magento) @Magento