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Turning Browsers Into Buyers

The Four Things You Must Do To Boost Conversions
The Four Things You Must Do To Boost Conversions


• De-clutter and Simplify
• Speed Up Your Site
• Make Your Customers Feel Secure
• Remind And Reward




Slide 2   Miva Merchant: Goals Template
De-clutter and Simplify

• Rule #1 – Your Shoppers Get Distracted Easily

          • We live in a multi-tasking interconnected world
          • Don’t provide your customers any reason to jump to something else
          • If you force them to navigate a maze, they’ll likely just navigate away




Slide 3    Miva Merchant: Goals Template
De-clutter and Simplify




Slide 4   Miva Merchant: Goals Template
De-clutter and Simplify




Slide 5   Miva Merchant: Goals Template
De-clutter and Simplify




Slide 6   Miva Merchant: Goals Template
De-clutter and Simplify




Slide 7   Miva Merchant: Goals Template
De-clutter and Simplify




• Simple Doesn’t Have To Be Artsy


• High Conversion Sites Aren’t Always “Pretty”




Slide 8   Miva Merchant: Goals Template
Speed Up Your Site

• Rule #2 – Your Shoppers Are Impatient

          • Multiple studies have shown site speed impacts conversions
          • Every 1/10th of a second improvement in page speed load helps
          • See Rule #1




Slide 9    Miva Merchant: Goals Template
http://blog.kissmetrics.com/loading-time/




Slide 10   Miva Merchant: Goals Template
Speed Up Your Site

 http://blog.yottaa.com/2011/09/ecommerce-season-–-why-site-speed-
 matters-more-than-you-think-in-2011/

           From RetailTouchPoints.com:
               “One leading online furniture store made performance improvements that led
               to 20% faster page loads and was able to attribute an increase in revenue
               from online sales directly to this effort.”


           From Shopzilla.com:
               Improving the site speed of this popular ecommerce portal by 20% resulted
               in an improvement in conversion rates of 7% to 12%. Page views went up
               by 25%.




Slide 11    Miva Merchant: Goals Template
Make Your Customers Feel Secure

 • Rule #3 – Your Shoppers Are Skittish

           • The same principle's apply offline as online
               • Customers must feel welcomed by your site
               • They must intuitively trust your site
               • They don’t want to be in an online “ghetto”
           • See Rules #1 & #2




Slide 12    Miva Merchant: Goals Template
Make Your Customers Feel Secure




Slide 13   Miva Merchant: Goals Template
Make Your Customers Feel Secure




Slide 14   Miva Merchant: Goals Template
Make Your Customers Feel Secure




Slide 15   Miva Merchant: Goals Template
Make Your Customers Feel Secure




Slide 16   Miva Merchant: Goals Template
Make Your Customers Feel Secure




Slide 17   Miva Merchant: Goals Template
Make Your Customers Feel Secure




Slide 18   Miva Merchant: Goals Template
Make Your Customers Feel Secure – EV SSL




Slide 19   Miva Merchant: Goals Template
Make Your Customers Feel Secure


 • Use an SSL
 • Display The SSL Seal
 • Show Credit Card Symbols
 • BBB and/or TRUSTe
 • Test Your Site For Insecure Links
 • Scan Your Site For Malware


Slide 20   Miva Merchant: Goals Template
Remind and Reward

 • Rule #4 – Your Shoppers Easily Forget

           • When someone navigates away from your site, if they don’t return
             within 1 hour, they’re essentially gone forever
           • If your customers don’t click through an email within 24 hours, they’re
             not going to respond
           • You’re fighting between your customers wanting a good deal and their
             short attention span




Slide 21    Miva Merchant: Goals Template
Remind and Reward

 • Use Shopping Cart Recovery Tools

           http://www.getelastic.com/8-tips-for-recovering-abandoned-shopping-carts/

           “Shopping Cart Recovery: Triggered emails recapture 29% of abandoned
           carts”


           http://www.marketingsherpa.com/article.php?ident=31904#




Slide 22    Miva Merchant: Goals Template
Remind and Reward




Slide 23   Miva Merchant: Goals Template
Remind and Reward

 • Use Email Marketing

           The DMA puts email marketing's ROI for 2011 at $40.56 for every $1
           invested. The figure for 2012 is predicted to "fall" to $39.40, when email
           will account for $67.8 billion in sales.

           72% of respondents to an Econsultancy survey in early 2011 described
           email's ROI as excellent or good. Only organic SEO scored better

           http://www.email-marketing-reports.com/basics/why.htm




Slide 24    Miva Merchant: Goals Template
Remind and Reward




  http://blog.hubspot.com/blog/tabid/6307/bid/32854/10-Simply-Awesome-Examples-of-Email-Marketing.aspx

Slide 25   Miva Merchant: Goals Template
Remind and Reward

 • Use Retargeting
           • Retargeting is a cost effective way to only advertise to people who are
            already interested in your product line

               “comScore Study with ValueClick Media Shows Ad Retargeting
               Generates Strongest Lift Compared to Other Targeting Strategies”
               http://www.comscore.com/Press_Events/Press_Releases/2010/9/comScore_Study_with_ValueClick_Media_Shows_Ad_Retargeting_Gen
               erates_Strongest_Lift_Compared_to_Other_Targeting_Strategies/




           • http://searchengineland.com/3-ways-to-connect-the-dots-with-search-
            marketing-75508




Slide 26    Miva Merchant: Goals Template
Remind and Reward




Slide 27   Miva Merchant: Goals Template
Remind and Reward

 • Use Behavioral Offers

           • Runa
           • Spring Metrics
           • Steelhouse
           • Close Browser Offers




Slide 28    Miva Merchant: Goals Template
Remind and Reward




Slide 29   Miva Merchant: Goals Template
Remind and Reward




Slide 30   Miva Merchant: Goals Template
History


    • Based in San Diego, California
    • Founded in 1995
    • Data Centers in California, Florida and Georgia
    • Focus on scalability, rapid deployment and ease of use




Slide 31   Miva Merchant: Goals Template
Competitive Landscape




Slide 32   Miva Merchant: Goals Template
Typical Customers




Slide 33   Miva Merchant: Goals Template
Partners




Slide 34   Miva Merchant: Goals Template
Thank You




                                           Rick Wilson
                                           rwilson@mivamerchant.com
                                           www.mivamerchant.com
                                           (800)608-MIVA




Slide 35   Miva Merchant: Goals Template

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IMA August 2012 Conference- 4 Tips For Improved Conversions

  • 1. Turning Browsers Into Buyers The Four Things You Must Do To Boost Conversions
  • 2. The Four Things You Must Do To Boost Conversions • De-clutter and Simplify • Speed Up Your Site • Make Your Customers Feel Secure • Remind And Reward Slide 2 Miva Merchant: Goals Template
  • 3. De-clutter and Simplify • Rule #1 – Your Shoppers Get Distracted Easily • We live in a multi-tasking interconnected world • Don’t provide your customers any reason to jump to something else • If you force them to navigate a maze, they’ll likely just navigate away Slide 3 Miva Merchant: Goals Template
  • 4. De-clutter and Simplify Slide 4 Miva Merchant: Goals Template
  • 5. De-clutter and Simplify Slide 5 Miva Merchant: Goals Template
  • 6. De-clutter and Simplify Slide 6 Miva Merchant: Goals Template
  • 7. De-clutter and Simplify Slide 7 Miva Merchant: Goals Template
  • 8. De-clutter and Simplify • Simple Doesn’t Have To Be Artsy • High Conversion Sites Aren’t Always “Pretty” Slide 8 Miva Merchant: Goals Template
  • 9. Speed Up Your Site • Rule #2 – Your Shoppers Are Impatient • Multiple studies have shown site speed impacts conversions • Every 1/10th of a second improvement in page speed load helps • See Rule #1 Slide 9 Miva Merchant: Goals Template
  • 10. http://blog.kissmetrics.com/loading-time/ Slide 10 Miva Merchant: Goals Template
  • 11. Speed Up Your Site http://blog.yottaa.com/2011/09/ecommerce-season-–-why-site-speed- matters-more-than-you-think-in-2011/ From RetailTouchPoints.com: “One leading online furniture store made performance improvements that led to 20% faster page loads and was able to attribute an increase in revenue from online sales directly to this effort.” From Shopzilla.com: Improving the site speed of this popular ecommerce portal by 20% resulted in an improvement in conversion rates of 7% to 12%. Page views went up by 25%. Slide 11 Miva Merchant: Goals Template
  • 12. Make Your Customers Feel Secure • Rule #3 – Your Shoppers Are Skittish • The same principle's apply offline as online • Customers must feel welcomed by your site • They must intuitively trust your site • They don’t want to be in an online “ghetto” • See Rules #1 & #2 Slide 12 Miva Merchant: Goals Template
  • 13. Make Your Customers Feel Secure Slide 13 Miva Merchant: Goals Template
  • 14. Make Your Customers Feel Secure Slide 14 Miva Merchant: Goals Template
  • 15. Make Your Customers Feel Secure Slide 15 Miva Merchant: Goals Template
  • 16. Make Your Customers Feel Secure Slide 16 Miva Merchant: Goals Template
  • 17. Make Your Customers Feel Secure Slide 17 Miva Merchant: Goals Template
  • 18. Make Your Customers Feel Secure Slide 18 Miva Merchant: Goals Template
  • 19. Make Your Customers Feel Secure – EV SSL Slide 19 Miva Merchant: Goals Template
  • 20. Make Your Customers Feel Secure • Use an SSL • Display The SSL Seal • Show Credit Card Symbols • BBB and/or TRUSTe • Test Your Site For Insecure Links • Scan Your Site For Malware Slide 20 Miva Merchant: Goals Template
  • 21. Remind and Reward • Rule #4 – Your Shoppers Easily Forget • When someone navigates away from your site, if they don’t return within 1 hour, they’re essentially gone forever • If your customers don’t click through an email within 24 hours, they’re not going to respond • You’re fighting between your customers wanting a good deal and their short attention span Slide 21 Miva Merchant: Goals Template
  • 22. Remind and Reward • Use Shopping Cart Recovery Tools http://www.getelastic.com/8-tips-for-recovering-abandoned-shopping-carts/ “Shopping Cart Recovery: Triggered emails recapture 29% of abandoned carts” http://www.marketingsherpa.com/article.php?ident=31904# Slide 22 Miva Merchant: Goals Template
  • 23. Remind and Reward Slide 23 Miva Merchant: Goals Template
  • 24. Remind and Reward • Use Email Marketing The DMA puts email marketing's ROI for 2011 at $40.56 for every $1 invested. The figure for 2012 is predicted to "fall" to $39.40, when email will account for $67.8 billion in sales. 72% of respondents to an Econsultancy survey in early 2011 described email's ROI as excellent or good. Only organic SEO scored better http://www.email-marketing-reports.com/basics/why.htm Slide 24 Miva Merchant: Goals Template
  • 25. Remind and Reward http://blog.hubspot.com/blog/tabid/6307/bid/32854/10-Simply-Awesome-Examples-of-Email-Marketing.aspx Slide 25 Miva Merchant: Goals Template
  • 26. Remind and Reward • Use Retargeting • Retargeting is a cost effective way to only advertise to people who are already interested in your product line “comScore Study with ValueClick Media Shows Ad Retargeting Generates Strongest Lift Compared to Other Targeting Strategies” http://www.comscore.com/Press_Events/Press_Releases/2010/9/comScore_Study_with_ValueClick_Media_Shows_Ad_Retargeting_Gen erates_Strongest_Lift_Compared_to_Other_Targeting_Strategies/ • http://searchengineland.com/3-ways-to-connect-the-dots-with-search- marketing-75508 Slide 26 Miva Merchant: Goals Template
  • 27. Remind and Reward Slide 27 Miva Merchant: Goals Template
  • 28. Remind and Reward • Use Behavioral Offers • Runa • Spring Metrics • Steelhouse • Close Browser Offers Slide 28 Miva Merchant: Goals Template
  • 29. Remind and Reward Slide 29 Miva Merchant: Goals Template
  • 30. Remind and Reward Slide 30 Miva Merchant: Goals Template
  • 31. History • Based in San Diego, California • Founded in 1995 • Data Centers in California, Florida and Georgia • Focus on scalability, rapid deployment and ease of use Slide 31 Miva Merchant: Goals Template
  • 32. Competitive Landscape Slide 32 Miva Merchant: Goals Template
  • 33. Typical Customers Slide 33 Miva Merchant: Goals Template
  • 34. Partners Slide 34 Miva Merchant: Goals Template
  • 35. Thank You Rick Wilson rwilson@mivamerchant.com www.mivamerchant.com (800)608-MIVA Slide 35 Miva Merchant: Goals Template