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About the Invesp Blog

This blog is brought to you by the team at Invesp, a conversion optimization company.


Meet the authors of the invesp blog: Ayat, Khalid, Stephen, and Masroor.

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Holiday Shopping in Numbers- Statistics and Trends

By khalid on November 4, 2014 9:50 am
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Posted in (Infographics)

The 2014 holiday season will have only 26 days between Black Friday and Christmas, just one more than last year and five fewer than 2012. Still the US retail commerce is expected to grow 16.6% this holiday season up from the 15.3% growth of last year. Looks like it doesn’t matter anymore just how many days there are in the holiday season anymore. Retail commerce is growing by leaps and bounds each season. This year we estimate that holiday season sales will account for 23.7% of total retail E-commerce sales in the US.

If you’re just as curious as we are, do check out our infographic, “Holiday Shopping Statistics And Trends”, for an in-depth look-see into the holiday ecommerce stats in the US.

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Infographic by- Invesp

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Estimated US Retail E-Commerce Holiday Sales Statistics

Year Retail E-Commerce Sale ( In Billions)
2012 $53.89
2013 $62.11
2014 $72.41

 

Almost 9% of holiday shoppers plan to research and to buy gifts during this holiday season.

Mobile commerce will account for 33% of US online holiday sales

94%of polled consumers said that discounts will be important to their purchase decisions.

91% of shoppers say a low price is an important factor in the decision to buy

Around 70% of US ecommerce shipments during the 2014 Christmas shopping period include free shipping. This stands at a 3% increase over 2013, when about two-thirds of all U.S. holiday ecommerce shipments were sent at the merchant’s expense.

83% of online shoppers are willing to wait additional days for delivery if they can get free shipping.

80% of consumers will use more than one device at once while shopping for the holidays, while 84%will begin shopping on device and finish on another.

Since 2012, the time spent researching popular holiday shopping categories such as toys and home appliances has increased from 9.9 to 12 hours and 13 to 15.8 hours, respectively.

Before making a purchase in 2013, shoppers referenced 12 sources of information—up from just five in 2010

74% of shoppers said a simple, streamlined shopping cart that makes checkout fast and easy was very or extremely important.

48% of shoppers were always or frequently influenced by online ratings and reviews.

73% of on online shoppers consider free shipping as the #1 criterion for making a purchase. Another study shows that 49% have at some time abandoned their shopping cart due to shipping costs.

Posted in Infographics

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How Triggers Add Focus to Your AB Testing

By Stephen Da Cambra on 6:29 am
Comments (0)
Posted in (Conversion Optimization)

In the simplest terms, your customers choose to buy from you because of what makes you and/or your products different.

If they find no difference between you and your competition, they have no mechanism with which to make a purchase decision.

They have no trigger to buy.

Understanding that simple fact can bring time-saving focus to your AB testing program.

If you follow conventional testing wisdom, you will maintain an ongoing program of testing every element of your landing pages, email messages, product pages, etc., to find what improves conversion rates and what doesn’t.

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But the consequence of the ‘test everything’ approach is that, in doing so, you can spend a virtually endless amount of time testing virtually endless numbers of elements. Just think about some of the testing staples, like headlines, call-to-action buttons and trust elements. You could write and rewrite headlines all day, every day. The size, shape, color, copy and position of your CTA buttons each have near infinite options and combinations. And what affects trust? Again, there are near infinite possibilities, from the look and feel of your page to the number of reviews you have, and their wording.

There’s nothing wrong with ongoing testing. In fact, it’s recommended – at least until you reach 100% conversion rates, (if you do, please call us, we’d like to chat). But with a little more focus your testing will get better results than simply trying something new.

How Triggers Focus Your Testing

The headlines, CTA buttons and trust elements should all be triggers. They and the other elements of your page can trigger an action by giving the customer a ‘reason’ to do so; a reason that is usually connected to a basic need.

Here’s the shocker for your current testing program – and where you begin to get more focus. If you do not have a trigger, you will not convert anyone.

If your headlines, buttons, trust icons, free whitepapers, testimonials, etc., are not perceived (even unconsciously) by your customers as fulfilling a need, then those elements won’t help your conversion rates.

To help clarify how that works, here are a few basic triggers, or reasons, that will get your customers to convert:

- Health - Brand identification
- Safety - Fun or convenience
- Education/Learning - Faster/easier process
- Make or save money - Reduce fear
- Improve appearance - Prove they are right
- Lose weight - Belonging/acceptance
- Get status - Missing an opportunity
- Save time

Triggers are More Than Simple Benefits

Yes, benefits are most often good triggers. But triggers go beyond just outlining a straight-line benefit. Triggers can reinforce something the customer already believes. A trigger can simply be a color, a sound or a check mark. You can put triggers in your content to evoke positive feelings, like claiming that your service is ‘better than chocolate’.

As a simple example of using triggers to add focus to your testing, let’s look at the wording on a CTA button. We all know that the old “Submit” button generally doesn’t work nearly as well as one with benefit-driven copy, like “Get Your Free Whitepaper”.

But the reason that “Submit” doesn’t work is because it does not appeal to a strong customer need. Yes, they have a need to submit the information, but that’s not very powerful because they are usually hesitant to give away personal information. If someone clicks on a ‘Submit’ button, they are doing so because they found a strong trigger elsewhere on the page or in the buying process.

Conversely, “Get Your Free Whitepaper” works because it hits a number of powerful triggers, including saving money, learning and potentially one based on the content of the paper, like weight loss.

So instead of almost blindly trying different versions of elements, start thinking in terms of testing different triggers in each element.

Examples of Triggers

The best way to look at how focusing on triggers can help give your testing more direction is to look at real examples.

Facebook

If you ever stopped using your Facebook account, you may have received an email from them encouraging you to sign in. As pointed out on behaviourmodel.org, that message is full of triggers.

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First, Facebook doesn’t just ask you to sign in, they give you a number of reasons, including that you have messages and friend requests waiting. Also, immediately above the ‘Sign In’ button, which is the main call-to-action and conversion goal of the message, Facebook asks you to sign in “and start connecting”. If you use social media, you probably have a need to connect.

Klout

Klout.com offers a way to measure your influence on social media. All of that influence is based on having something to say. Say nothing and you will have no influence. A constant supply of quality content is an excellent way to always have something to say. Klout knows that content and social media marketers are desperate for content that helps them say something worthwhile and thereby improve their social media influence.

When you visit Klout.com, a place where you might expect to see lots of statistics, charts and graphs, (like at Klout’s competitor, kred.com). Instead, you find a site bent on helping you find and share content.

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Here are a few of the triggers Klout uses, none of them directly related to reflecting or improving your influence.

  • Search Window – Instead of labelling their search window “Search”, they pose the question “What do you want to share today?”
  • Create’ Button – On the left-hand navbar. They use the word ‘Create’ for one of the options (and even have a pen on paper icon to go with it). When you click on ‘Create’, you are not lead to a place where you can create anything. Instead, it links to the page shown above, from which you can find and share other people’s content. Why use a ‘Create’ button that links to a page that’s really for sharing. Every content social media marketer wants to feel they are ‘creating’ content. And Klout has already pulled the ‘share’ trigger in the search field.
  • ‘Schedule’ Button – Again, with a single word, Klout touches on an important trigger for their customers. If you have content scheduled to be published, your content marketing and social media is in better shape than if you have nothing scheduled. But clicking on ‘Schedule’ doesn’t schedule anything. It merely shows the Klout-suggested content that you chose to share when you used the ‘Create’ button. Klout gets a little tricky here: ‘Create’, ‘Schedule’ and ‘Measure’ are listed together. But they use “Create’ and ‘Measure’ as verbs, and ‘Schedule’ as a noun.

Email Inbox

If you use email marketing you are aware of the importance of your subject lines and hopefully you test them. And you’ll know the effectiveness of benefit-driven headline. But, as mentioned, benefits are usually triggers. But not always. Take a look below at the subject lines from an inbox.

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Here’s a list of subject line trigger passes and fails from the inbox above. And the reasons why:

  • PASS: IRNewsLink Daily – “Get Ready for 3.4 million new web shoppers”. Invesp helps optimize internet retail sites. This appeals to my need to learn more about what I write.
  • FAIL: Listly – “Spooky”. I’m all for cryptic clues, but not when trying to filter a crammed inbox.
  • PASS: Jess at Contently – “3 Awesome SEO Tricks for Content Marketers” – Everyone likes to learn about a ‘trick’ that presumably leads to better results; and these tricks are ‘awesome’.
  • FAIL: Wayfair – “Rug designs that stand the test of time”. Again, this might be a bit of a trigger, but not nearly enough to get me to open it. If I’m part of Wayfair’s target market, shoppers, I probably want things go out of style so I can do more shopping. And check the snippet from the email that follows the subject line – they missed a great opportunity to tell me about a real trigger: saving money.
  • PASS: Social Media Today – “How Do Your Customers Feel About Your Brand” – If you click on this one, you will learn more about your level of acceptance.
  • FAIL: Vacay.ca – ‘Vacay.ca’. Don’t waste people’s time.

At first, it may not be easy to turn your thinking toward using triggers in your testing criteria. Take it one step at a time. Look for the obvious. And, most of all, keep testing.

Posted in Conversion Optimization

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The Rut That Ruins Your Conversion Rates

By Stephen Da Cambra on October 20, 2014 4:48 pm
Comments (0)
Posted in (Conversion Optimization,Sales & Marketing)

How can your conversion optimization be in a rut? You have an ongoing AB testing program, you stay on top of your analytics’ conversion goals, bounce rates, traffic sources, etc., and you know which are your best performing digital marketing channels.

You’re set.

And there’s the rut.

You’re never set.

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Everyone knows how fickle customers can be and how constantly digital marketing evolves. Yet we continue to pour more resources into finding set-play solutions to most of our digital marketing hurdles. While we are convinced of the efficacy of being constantly aware and reactive to many digital benchmarks, those to which we pay attention are overwhelmingly numbers-based.

Think about it, you probably know the number of visitors you get; you likely have a good idea of bounce rates and you certainly stay on top of how many conversions you get.

But did you know that over 20% of your keyword research is obsolete from the moment it’s completed?

How big of a rut are you in? Despite years of research, testing and analysis, average online conversion rates continue to languish in the low single digits for ecommerce and lead generation. Bricks and mortar retail conversion rates are 700% higher. While it’s not really fair to compare online and offline commerce, it gives you an idea of the depth of the rut.

And what do we do about it? We keep tracking and reacting to the numbers and we tend to ignore many many of the ‘softer’ digital marketing tactics to which we cannot easily apply a numeric value.

  • Persona Creation – If you don’t use personas, you may think they’re a waste of time; after all, who doesn’t know their target customers? If you use personas, you probably wonder how anyone can market or optimize conversions without them.Personas are fictional amalgams of your customers’ personalities, lifestyle and buying habits. Their purpose is to give you a clear idea to whom you speak when you create your marketing messages.You should use a number of different personas to represent different personality types. Many automated online marketing and sales packages include handy modules to create many personas and assign them to new contacts.

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    Whether you do it by hand or use a package, the problem is that personas, like your customers, are not static. And the longer they remain so, the further away they will get from being a true reflection of your current markets.

    World events, competing messages, the weather; anything that might affect walk-in customers’ buying habits, should be reflected in your online personas. And as all of those factors change almost daily, your personas should change almost as often

    Of course it’s impossible to adjust your personas so frequently, but the mere fact that you should underlines the folly of doing the opposite: never changing them. Start thinking about dynamic personas.

  • Email Database Optimization – ‘Whoa’, you say. Yes, you get the idea that optimizing your online marketing can’t be based on static data and numbers, but you have an active and aggressive program to make sure your email marketing database constantly grows. In other words, if there is anything that’s dynamic about your digital marketing, it’s your email list.But the rut is to think that dynamism is a one way street of list building.spacer

    ‘20% of the pea pods contain 80% of the peas’ – There’s perhaps no better example in digital marketing of the Pareto Principle than your email database. Statistics show that email open rates are 400% higher and click rates are 500% higher for initial emails versus subsequent messages.

    But, when it comes to email benchmarks, we are stuck in the numbers game of list size and we are afraid to reduce it. But if you want to instantly increase your open rates and click-through rates, start weeding out the 80% of addressees who rarely react to your messages.

    Start focusing your efforts on your new leads and customers. They are, overwhelmingly, the ones who listen and take action.

  • Keyword Research – Long ago, or at least in pre-google times, marketers used things like focus groups and consumer surveys to discover the thought processes their customers went through during the buying cycle. Those were the best tools available, but they are at once brilliant and flawed. Brilliant in that they put the focus on the customer and not the product. Flawed because of the intermediation of time between the completion of the research and the delivery of the messages it fostered.For the first time, keyword research gave us insights into the very moment that consumers seek out the information they need to make a purchase.That little gem of a trait quickly made keyword research a basic tactic in even the simplest of marketing programs.

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    If the overriding point of this post is that it’s a mistake to set and forget any part of your digital marketing, keyword research is the most salient example. From the very moment you finish your research, its effectiveness starts to deteriorate significantly.

    16% to 20% of the keywords your customers use in searches have never been used before. So even the most effective research today will uncover only 80% of the terms your potential customers will use tomorrow. And, presumably, those new terms will replace many of those that show well in your research resulting in a significant number of under-performing keywords almost from the time you spot them.

    And that process will further ravage your research as time goes on. Yet we continue to spend gobs of cash on one-time keyword searches.

The temptation to set-and-forget these digital marketing tactics is difficult to deny. Who can afford to develop dynamic personas, to keep email lists fresh and to weed-out under-performing keywords in favor of timely terms?

But can you afford not to do so?

Posted in Conversion Optimization, Sales & Marketing

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Email Ambush – A Critique of the Conversion Tactics Found in Your Inbox

By Stephen Da Cambra on October 6, 2014 1:29 pm
Comments (0)
Posted in (Conversion Optimization)

Critical reviews of at least some of the promotional messages in your email inbox is like doing your conversion optimization homework. It exercises the lessons you learn from testing and experience. Someone could talk to you all day long about the benefits of matching subject lines to headlines, but until you experience a spectacular failure, or feel a bond to a well-matched message, you really don’t make an emotional connection with the lesson – and you don’t learn it as well.

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Landing Pages & Email Messages: They are two separate channels with significant differences, from purpose to personalization. But what seems to be missing from the thinking of many email designers is that there are significant similarities too. In many cases, the only difference between the two is that emails are pushed and landing pages pull.

Even on a completely personalized cart abandonment re-targeting email, many of the best practices of conversion optimization for landing pages apply. From the aforementioned subject line/email headline match (ad copy headline/page headline match in landing pages), to having clear calls-to-action, a lot of what you know about landing page optimization doesn’t need to be reinvented for email optimization.

But you wouldn’t know it by looking in your Inbox. Here we go:

Social Media Today
I feel so bad. I really like SMT; I read lots of their content and have attended more than a few of their webinars andall have been good. That’s why the email message below is so surprising. It would be difficult to design and write a less inspiring email.

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The Drake Hotel – Toronto
Spoiler Alert: If you don’t want to see where this critique is headed before we get there, don’t read the following statistic, as reported by marketingland.com:

Background: Unlike it’s larger, more famous namesake in Chicago, Toronto’s Drake is a small, trendy boutique hotel located in the ‘coolest’ English-speaking neighborhood in the world, (according to Vogue anyway). Nuit Blanche is trendy, night-time arts festival held annually in a number of cities around the world, including Dallas, Minneapolis and San Antonio in the U.S..

With that prelude, you could imagine how it tickled my suburban heart to get an email from The Drake inviting me to their Nuit Blanche BBQ. Visions of chatting wittily about the latest Michael Gondry video, while sporting my pastel-colored jeans, danced in my head.

And you could imagine the equal and opposite confused disappointment when met with the following after opening the message on my phone.

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Not only does The Drake completely miss the opportunity to confirm that I’m in the right place by reinforcing the subject line in the headline, but it’s like they go out of their way to make me wonder if I’m even in the right email. An email that promises to be about three urban events should not kick-off with a promotion for a new country inn.

Mirvish Productions
First, you’re not having calendar confusion. ‘Thanksgiving’ in the email below refers to the Canadian version, which is on October 13th this year.

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Is this a near-perfect email message? It’s not the prettiest, but here’s evidence to support a ‘yes’ vote:

Bonus Points – The mobile version of the message manages to accomplish all the good stuff too. Yes, the ‘How to Order’ info isn’t visible, but the heading just above the fold tells the reader that it’s there.

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Want to learn more about how to get higher conversions from your email messages and/or landing pages? Ambush your inbox. It’s like homework, but a lot more fun.

Posted in Conversion Optimization

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Ad Retargeting in Numbers – Statistics and Trends

By khalid on October 1, 2014 6:26 am
Comments (0)
Posted in (Conversion Optimization,Infographics,Sales & Marketing)
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