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Welcome back to the all new digital rage. I'm Jeff the producer here at Byer Company.
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Today we talk about conversion rate optimization strategies. We deep dive into what it takes
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to get website visitors to take the desired actions and the effort it takes to nurture
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leads. Let's go. Welcome to our deep dive everybody. Today we're going to unpack this
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idea, this concept of conversion rate optimization, CRO. We all want to know how to turn those,
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you know, window shoppers into actual buyers, those browsers into loyal customers. And that's
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what we're here to dig into today. Something exciting. It is. And we're going to be using an article
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by Jeff Byer as our guide. It's called effective strategies for boosting conversion rates.
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Just came out on January 22nd. One of the things that jumped out at me right away is that, you know,
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a lot of times we think of CRO as like this quick fix, but buyers saying, no, no, this is like an
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ongoing relationship. It's not a one night stand. Yeah, it's a really interesting comparison. You know,
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you can't just, you can't just expect people to fall head over heels without putting in the effort.
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Exactly. Exactly. So, okay, let's back up a second. What exactly is CRO? The article defines it as
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increasing the percentage of website visitors who take a desired action. Okay, so it's not just about
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getting people to your website. It's about making sure they actually do what you want them to do
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once they're there. Right. So, it could be anything from buying a product to signing up for newsletter,
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to I don't know, downloading a white paper, whatever your goal is. Yeah, whatever that goal is,
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whatever that kind of key action is. Yeah. So, it's about making your website work harder, not just,
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sorry, work smarter, not harder. But why? Why is it so important to get those conversions?
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Well, imagine if you could, I don't know, like double your sales without spending an extra dime
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on advertising. Okay, I'm listening. That's, that's the potential of CRO, right? Yeah.
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It's about getting the most out of your existing traffic, squeezing every last drop of value out of
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those visitors. Okay, so it's not just about those vanity metrics, you know, the number of likes
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or whatever. It's about turning those visits into actual results. Like dollars and cents.
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Dollars and cents. All right, so there's a lot of buzz around CRO, but I think sometimes it gets
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oversimplified, you know, people think, oh, I just got to do A/B testing and I'm done, but buyer really
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pushes back on that. Yeah, I mean, A/T testing is a great tool, don't get me wrong, but it's just one
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piece of the puzzle. CRO is a much more holistic approach. It's about really understanding your audience.
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So it's not a quick fix, it's an ongoing process, more like a, like, tending a garden, I guess. Oh,
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I like that analogy. Yeah. Can't just plant the seeds and expect, you know, beautiful flowers to
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bloom overnight. You got a water, you got a weed, you got a nurture them. Exactly. And speaking of
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nurturing, the article emphasizes this idea of user experience where UX has been really important
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for driving conversions. I mean, I know I get frustrated when I land on a website and it's just
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impossible to figure out, you know, like, where's the menu? Where's the thing I'm looking for? Right.
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Have you ever clicked away from a site just because it was ugly or confusing? Oh, all the time.
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Totally. And that's what Pat UX is, right? And good UX is the opposite. It's about making the
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experience smooth and enjoyable for the visitor. So intuitive navigation, engaging content,
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that kind of thing. Exactly. Exactly. Making it easy for people to find what they're looking for
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and take action. Okay. So we've got this great user experience, but how do we make sure
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we're communicating our value proposition and kind of guiding visitors in the right direction?
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The article talks about value propositions and calls to action. Yeah. So the value proposition is,
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it's basically like, why should someone choose your product or service? Okay. So what makes you unique?
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Yeah. What makes you unique? What problem are you solving? What benefits are you offering?
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And then calls to action or CTAs are those little nudges, you know, those, those buttons or links that
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tell people what to do next. So like, buy now or learn more. Exactly. Exactly. Okay. So both of those
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things, the value proposition and the CTAs, those have to be really well crafted, right? It's not just
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like slapping any old message on there and hoping for the best. Definitely not. You want your value
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proposition to be clear, concise and persuasive. You want it to resonate with your target audience and
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tell them exactly why they should choose you. And the CTAs, those have to be really compelling, right?
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You want people to actually click on them. Absolutely. They should be clear, concise, visually appealing,
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and use strong action words to really encourage people to take that next step. Okay. So we're grabbing
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their attention. We're guiding them through the process. But how do we know if it's actually working?
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I mean, how do we track our progress? That's where conversion optimization tools and analytics come in.
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These tools are amazing. They give you so much data about how people are interacting with your website.
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So we can see what they're clicking on, where they're going, where they're dropping off. All of that.
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Like tools like Google Analytics, they can tell you how much time people are spending on each page,
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where they're coming from, what kind of device they're using. So it's like having this window
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into the mind of your visitors. Right. It takes the guesswork out of optimization because you can
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actually see what's working or what's not. But I imagine it can be a little overwhelming, right?
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All that data. It can be. Yeah. That's why it's important to focus on the key metrics that are
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relevant to your goals. What are you trying to achieve? What actions do you want people to take?
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And then you can track those specific metrics to see how you're doing.
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Okay. So we've got our analytics setup. We're gathering data. What are some of the design elements
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we should be focusing on to actually optimize our website for conversions?
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Well, first and foremost, your website needs to be visually appealing and easy to navigate.
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I mean, we talked about that with UX, right? Right. No one wants to spend time on a site that's
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uglier confusing. Exactly. So think about things like a clean, uncluttered layout, clear visual hierarchy
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using white space effectively. And make sure those CTAs really stand out. Oh, absolutely. Your CTAs
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need to be prominent, visually appealing, and use strong language to encourage clicks.
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Okay. What about landing pages? The article mentions those as being important for CRO as well.
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Yeah. Landing pages are like specialized agents with a very specific mission to convert visitors
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into leads or customers. They're usually connected to a specific marketing campaign.
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So unlike your main website, a landing page is really focused on one specific goal, right?
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Exactly. And because they have such a specific purpose, landing pages need to be even more
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carefully optimized than other pages on your website. Makes sense. So what are some key things to
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keep in mind when we're optimizing those landing pages? Well, clarity is key. The message on your
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landing page needs to be crystal clear and aligned perfectly with the ad or link that brought the
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visitor there. You don't want any confusion or disconnect, right? And just like with your main
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website, a clean and uncluttered design is crucial. Right. No one wants to be bombarded with a ton
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of information all at once. Exactly. And those CTAs, again, they need to be front and center ready
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to seal the deal. Got it. So we've talked a lot about design. But what about the technical site of
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things? How does website performance factor into all of this? That's a great question. And in today's
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mobile first world, it's more important than ever. If your site is slow to load or difficult to navigate
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on a smartphone, you're going to lose visitors. Oh, yeah. I'm definitely guilty of that. If a page
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doesn't load in like two seconds, I'm out of there. I hear you. And it's not just about user experience
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either. Google also considers page speed when they're ranking websites. So a slow website can
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actually hurt your SEO. Absolutely. It can literally cost you money. Okay. So page speed. That's another
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thing to add to the list. Any quick tips for improving that. There are a lot of things you can do.
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Like optimizing images, using a content delivery network, minifying your code. So basically just making
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your website as lean and mean as possible. Exactly. All right. This has been a fantastic overview.
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But we're just getting started. We've laid the foundation. But now it's time to dig a little deeper.
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Stay tuned because in the next part, we're going to explore some more advanced techniques and
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strategies for maximizing your conversion rates. Welcome back to our deep dive into CRO. Yeah,
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we've already covered a lot of ground. But you know, as we mentioned before, this isn't a one-time fix.
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Right. It's not like you just set it and forget it. You know, it's an ongoing process.
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Like we were saying earlier, it's more like tending a garden. Exactly. You can't just plant the seeds
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and walk away. Right. You have to water them. You have to prune them. You have to, you know,
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make sure they're getting enough sunlight. So where does that tending come in with CRO?
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It comes in with this idea of continuous testing and optimization. Okay. So it's about constantly
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monitoring your website, figuring out what's working, what's not working, and then making changes
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based on that data. Exactly. It's about always looking for ways to improve. The article really
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emphasizes making data-driven decisions. And I think that's such a key point. It's so easy to
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just go with your gut, you know, but data can really give you a much clearer picture of what's
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actually happening. Absolutely. Data takes the guesswork out of it. So where do we even start?
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What kind of data should we be collecting? Well, it depends on your specific goals, of course. But
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some common metrics to track include things like website traffic, bounce rate, time-on-page,
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conversion rate. So like how many people are visiting your site? How long they're staying? Whether
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they're actually taking the actions you want them to take. Exactly. And then we use that data to make
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decisions about what to change. Right. You're looking for patterns, you're looking for trends.
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Like for example, if you notice that a lot of people are adding items to their cart, but then
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abandoning it before they check out. That's a sign that something's wrong with the check out process.
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Exactly. Maybe it's too complicated. Maybe there are too many steps. Maybe there's an unexpected
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cost. So then you would go in and try to fix those things. Right. The article talks about
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AB testing as a way to kind of test different solutions. Can you explain a bit more about how that
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works? Sure. AB testing is basically when you create two different versions of a web page.
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Yeah. And then you show those versions to different visitors. So like half the people see version A,
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half the people see version B. Exactly. And then you track which version performs better? Which one
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leads to more clicks, more conversions, whatever your goal is. So it's like a scientific experiment
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for your website. Yeah. Exactly. The really powerful way to optimize your website.
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The article also mentions multivariate testing. Is that similar? It is. But it's a bit more complex.
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With multivariate testing, you're testing multiple variables at the same time. Oh wow. Okay.
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So instead of just testing two different headlines, you might test different headlines,
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different images, different calls to action, all at the same time. So you can see how different
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combinations of elements perform. Exactly. It gives you a lot more data to work with.
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That sounds really powerful, but also kind of overwhelming. It can be. Yeah. But there are tools
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that can help you manage it. Are there any examples of how this kind of continuous testing has led
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to real improvements for businesses? Oh yeah. Tons. I mean, the article mentions a few case studies.
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Like there's one about a retail brand that was able to increase their conversions by 20%
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just by focusing on their calls to action, their images, and their product descriptions.
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Wow. 20%. That's huge. Right. And then there's another one about a service provider that was having
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a lot of people abandon their carts. They did some AB testing on their checkout process.
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And we're able to reduce cart abandonment by 15%. That's amazing. It really shows how even small changes
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can make a big difference. Exactly. Okay. So we've talked about the importance of continuous testing
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that types of data to collect, how to analyze that data. But as we're doing all of this, as we're
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gathering all this data, I think it's important to keep the ethical considerations in mind. Right?
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Absolutely. We want to make sure we're not being creaky. We're not violating people's privacy.
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Transparency is key. Be upfront about how you're collecting data, what you're using it for,
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and always get consent before you track anything. So where do you see the future of CRO heading?
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The article mentions some interesting trends like artificial intelligence. AI is going to be
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huge in CRO. I mean, it already is, to some extent. But as AI gets more sophisticated, it's going to
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be able to automate a lot of the tasks that we currently do manually. So like AB testing,
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personalization and that kind of thing. Exactly. Imagine having an AI-powered assistant that can
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analyze your data, identify patterns, and even suggest optimization strategies. That would be
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amazing. It would free up so much time and energy for us to focus on the bigger picture. Okay.
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Any other trends on the horizon? Well, with the rise of voice search and mobile first browsing,
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we're going to have to pay even more attention to creating seamless and intuitive user experiences.
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So basically, the future of CRO is all about making things easier and more enjoyable for the user.
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Exactly. I love that. So as we wrap up this part of the deep dive, I think it's important to
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remember that CRO is not just about numbers. Right. It's about people. It's about creating a better
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experience for your users. Exactly. When you focus on that, the conversions will follow. Okay. So
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we've covered a lot of ground in this part, but we're not done yet. We're going to shift our focus
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now to a specific challenge that a lot of e-commerce businesses face. In the next part, we're going
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to talk about card abandonment. Welcome back to our deep dive. We're in the home stretch now. We are.
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So before we wrap things up, let's talk about something that I know is a pain point for a lot of
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e-commerce businesses. Card abandonment. Part abandonment. It's like you get people all the way to
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the checkout and then poof. They disappear. It's the worst, right? All that work for nothing. So what can
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we do about it? Well, the first step is to understand why it's happening. Like what are the reasons people
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are abandoning their carts? So it was like detective work. Kind of. Yeah. You have to look for clues. Was
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it an unexpected cost? Was the checkout process too complicated? Were there security concerns?
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Okay. So once you figure out the why, then you can start to address it. Exactly. So for example,
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one of the most common reasons for card abandonment is unexpected costs. Like you get to the checkout
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and suddenly there's a huge shipping fee. Right. Exactly. Or some other hidden charge. Right.
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And people feel like they're being tricked. Which is never a good thing. No, definitely not.
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So the key here is transparency. Be upfront about all costs from the very beginning. So like
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display the shipping fees right on the product page. Exactly. And in the cart summary as well.
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No surprises. Okay. That makes sense. What else can we do? Well, another common reason for card abandonment
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is a complicated checkout process. Oh yeah. I've definitely abandoned carts because of that. Like
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if it's too many steps or I have to create an account or something. Right. People want things to be
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easy. So streamline your checkout process as much as possible. Make it simple. Make it intuitive.
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Exactly. And offer guest checkout options. Oh yeah. That's a good one. Not everyone wants to create an
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account just to buy something. Right. And it can be a real barrier to conversion. Okay. So we've talked
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about costs. We've talked about the checkout process. What about security? Security is huge.
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People need to feel confident that their information is safe. Especially when they're entering their
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credit card details. Absolutely. So make sure you're displaying trust signals prominently on your website.
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Like security badges, that kind of thing. Exactly. SSL certificates, customer testimonials,
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anything that can help build trust. And don't forget about your privacy policy. Oh right. Yeah.
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Make sure it's clear, concise and easy to find. Okay. So costs, checkout, security, anything else.
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Well, make sure your website's navigation is easy to use. Especially when it comes to the shopping
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cart. So people can easily add items, view their cart, edit their cart, all that good stuff. Exactly.
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And offer multiple payment options. Like PayPal, Apple Pay, that kind of thing. Right. The more
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options you offer, the more likely people are to find one that works for them. Okay. This has been
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incredibly helpful. I feel like I have a much better understanding of how to tackle cart abandonment
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now. I'm glad you hear that. So any final thoughts on CRO before we wrap up? Well, just to reiterate,
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CRO is an ongoing process. It's not something you do once and then forget about. Right. It's like
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tending a garden. You have to keep at it. Exactly. Keep learning, keep testing and keep optimizing.
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Great advice. Well, this has been a fantastic deep dive. I feel like I've learned so much. Me too.
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Thank you so much for sharing your expertise with us. It's been my pleasure.
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Reach out to us at jbuyer.com for comments and questions. Follow us at buyer company on social
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media. And if you'd be so kind, please rate and review us in your podcast app.