Falcon's Invoice Discounting: Your Path to Prosperity
Online Dialogue Conversion Conference Chicago
1. H o w t o c r e a t e
w i n n i n g A / B - Te s t p l a n s
C o n v e r s i o n C o n f e r e n c e C h i c a g o 2 0 1 3
W i t h 2 5 c o n v e r s i o n c a s e s i n s i d e !
2. Ton Wesseling (@TonW)
Bart Schutz (@BartS)
Pr esentation in formation: http://ondi.m e/chicago
3. ONLINE DIALOGU E
G u i d i n g y o u t o d i g i t a l m a t u r i t y
Last 2 years
Number 1 bureau in the Netherla nds
in our field of practice (analytics & con version)
4. @barts | @tonw | @onlinedialogue
http://ondi.me/chicago #convcon
Univé: top 3 car insurance in the Net herlands
Start cases
“Foot in the door”
Get your visitors to
interact asap
+23% sales
5. @barts | @tonw | @onlinedialogue
http://ondi.me/chicago #convcon
Van der Valk Hote l s (large Dutch hot el chain)
Start cases
“Layering”
Divide content in diminishingchunks of 3 or 5 pieces ofinformation
+14%
sales
6. @barts | @tonw | @onlinedialogue
http://ondi.me/chicago #convcon
Onl ine Dialogue website: Conversion Summ it landingpage
Start cases
+29%
interactions
7. Data Driven
Data Driven
Data Driven
Data Driven
Data Driven
Data Driven
Data Driven
Data Dr
ata Driven
Data Driven
Data Driven
Data Driven
Data Driven
Data
Data Driven
Data Drive
Data D
Data Driven
Data Driven
@ To n W
Data Driven
8. rsuasion Psychologist
@ B a r t S
Persuasion Psychologist
Persuasion Psychologist
Persuasion Psycholog
Persuasion Psycholo
Persuasion Psychologist
on Psychologist
Psychologist
PersuasioPsychologist
Persuasion Ps
Persuasion Psyc
suasion Psychologist
Psychologist
10. @barts | @tonw | @onlinedialogue
http://ondi.me/chicago #convcon
Kras.nl (TUI): homepage effect on sales
Award cases
“Ambiguity Aversion”
Make it crystal clear what yourcustomer will get
+20% sales
11. @barts | @tonw | @onlinedialogue
http://ondi.me/chicago #convcon
FonQ.nl: E-commerce – site search sales improvement
Award cases
“Carrot & Stick”
Keep showing customers whatthey’re buying through thewhole process
+49% sales
12. @barts | @tonw | @onlinedialogue
http://ondi.me/chicago #convcon
Freo.nl: lift in loan applications
Award cases
“Sequencing”
CRO is a reciprocal dialogue:Take the concepts that areactive in your customers brainas your starting point
+19% applications
18. Data D riven Persuasion Psychology
Creating conversio n boosting & winning A/B test plans
=
19. @barts | @tonw | @onlinedialogue
http://ondi.me/chicago #convcon
This is th e method we use
Fact & Act
&
Tell
Combine
Analyze
Test
Create
Analyze
Filter
21. @barts | @tonw | @onlinedialogue
http://ondi.me/chicago #convcon
Freo.nl: more lift in loan applicat ions
Filter & Analyze
“The paradox of Choice”
Offer a minimum of 2 and amaximum of 5 choices
+14% applications
22. @barts | @tonw | @onlinedialogue
http://ondi.me/chicago #convcon
MoneYou.nl: uplift in new saving accounts
Filter & Analyze
“In Gaze Placement”
Put your most persuasivecontent in your customers’ gaze
+23% accounts
23. @barts | @tonw | @onlinedialogue
http://ondi.me/chicago #convcon
Freo.nl: surv ey to understand visito r needs
Filter & Analyze
“Foot between the lips”
Directly get a forced click
Significant more applications
Survey invitation vs. no survey invitation
winner
24. @barts | @tonw | @onlinedialogue
http://ondi.me/chicago #convcon
And no w: Create & Test
Fact & Act
&
Tell
Combine
Analyze
Test
Create
Analyze
Filter
25. @barts | @tonw | @onlinedialogue
http://ondi.me/chicago #convcon
Autonomy"
Van de Va l k conversion lift
Create & Test
Autonomy:
“Let
your
customer
think
he’s
free
in
his
choices”
+25% sales
26. @barts | @tonw | @onlinedialogue
http://ondi.me/chicago #convcon
But.. same test"
Vakantieveilingen.nl (Dutch travel auction website)
Create & Test
Urgency:
“When
we’re
in
a
hurry,
we
love
to
be
guided”
Significant more
submits, but..
Less registrations
27. @barts | @tonw | @onlinedialogue
http://ondi.me/chicago #convcon
Direct Priming: "
Online Dialogue newsletter headline test
Create & Test
Direct
Priming:
“RepeAAon
leads
to
quicker
reacAons”
(Title first article)
(Title last article)
+42% clicks
Outgoing clicks from within the newsletter by
members who opened the newsletter
28. @barts | @tonw | @onlinedialogue
http://ondi.me/chicago #convcon
Choice Paradox"
MoneYou Call-to- Action test on product detail page
Create & Test
Choice
Paradox:
“We
love
a
few,
but
not
to
many
opAons”
+16% accounts
+ 2 5 4 % c l i c k s ( o n C TA a r e a )
29. @barts | @tonw | @onlinedialogue
http://ondi.me/chicago #convcon
Response efficacy"
Kras.nl travel booking form sales uplift
Create & Test
Response
efficacy:
“We’re
more
likely
to
act
when
we
believe
it
will
actually
have
the
desired
effect”
+18%
sales
30. @barts | @tonw | @onlinedialogue
http://ondi.me/chicago #convcon
Ambiguity aversion"
F reo.nl: more applications from the app lication form
Create & Test
Ambiguity
Aversion:
“We
prefer
opAons
that
are
certain”
+10% applications
31. @barts | @tonw | @onlinedialogue
http://ondi.me/chicago #convcon
V isuel cue:"
Ho tel Schiphol – airport hotel homepage – scroll promotion
Create & Test
Visual
Cueing:
“Our
aEenAon
is
very
easily
influenced”
-23% bouncerate
+ significant sales
32. @barts | @tonw | @onlinedialogue
http://ondi.me/chicago #convcon
Framing:"
Mon eYou email & landingpage test - productname
Create & Test
Equivalence
Framing:
“The
way
things
are
stated
or
portrayed,
highly
influences
our
choices”
Significant more
account opens
33. @barts | @tonw | @onlinedialogue
http://ondi.me/chicago #convcon
Conceptual Contrast:"
Onlin eOptimizers.eu Analytics & Conversion – job postings
Create & Test
Ugly
Brother:
“The
way
things
are
stated
or
portrayed,
highly
influences
our
choices”
Almost everyone chooses
the maximum package
34. @barts | @tonw | @onlinedialogue
http://ondi.me/chicago #convcon
Te s t done? Analyze!
Fact & Act
&
Tell
Combine
Analyze
Test
Create
Analyze
Filter
35. @barts | @tonw | @onlinedialogue
http://ondi.me/chicago #convcon
Kras.nl from most sold to a last mi nute list"
(same products in the list)
Analyze
+58% conversions
B u t n o s i g n i fi c a n t t u r n o v e r d i ff e r e n c e
36. @barts | @tonw | @onlinedialogue
http://ondi.me/chicago #convcon
Banking: wha t is your interest rate position?
Analyze
PosiDon
targeDng:
“We
like
basing
comparisons
on
just
a
few
aEributes”
Winner
when
number 1
Winner
when not
number 1
37. @barts | @tonw | @onlinedialogue
http://ondi.me/chicago #convcon
Product pages: CTA color?
Analyze
Goal-‐directed
behavior
“We
need
other
persuasion
techniques
when
we’re
‘geJng
things
done’
than
when
we
(want
to)
relax
Monday winner
Saturday winner
38. @barts | @tonw | @onlinedialogue
http://ondi.me/chicago #convcon
Kras.nl: new & retur ning visitor diffe rences"
C ategory overview page – which one has mo re conversions?
Analyze
Returning
visitor winner
New
visitor winner
39. @barts | @tonw | @onlinedialogue
http://ondi.me/chicago #convcon
Essent Belgium: landingpage te st"
W i t h or without social buttons more leads?
Analyze
Returning
visitor winner
New
visitor winner
40. @barts | @tonw | @onlinedialogue
http://ondi.me/chicago #convcon
MoneYou landing page redesig n"
A/B-test – which one has more saving a pplications?
Analyze
+27% applications
B u t … ( s e e n e x t s l i d e )
41. @barts | @tonw | @onlinedialogue
http://ondi.me/chicago #convcon
Let’s dive in the MoneYou A/B-test data:"
conversion on a day to day basis
Analyze
Cum. Conversion % per day! Difference in cum. Conversion %!
Conversion difference
stabelizes!
Conversion difference
stabelizes!
Why is the conversion
percentage so high on
these 2 days?!
Why is the difference
between A and B at first
negative and than positive?!
Hmm, euroclix.nl
42. @barts | @tonw | @onlinedialogue
http://ondi.me/chicago #convcon
Affiliate par ner"
w ith motivation outside the MoneYou product
Analyze
Free money if you
file an application
43. @barts | @tonw | @onlinedialogue
http://ondi.me/chicago #convcon
MoneYou landing page redesig n"
A/B-test – without visitor funding a ffiliates
Analyze
Cum. Conversion % per day! Difference in cum. Conversion %!
Very stable
differences!
(with
conversions)!
Much shorter, difference in first
days is caused by returning
visitors (which we filtered out
after this analysis)!
+100% applications!
48. @barts | @tonw | @onlinedialogue
http://ondi.me/chicago #convcon
Base o n customer intelligence:"
we loved to be challenged
Combine & Tell
We won J
49. @barts | @tonw | @onlinedialogue
http://ondi.me/chicago #convcon
We help and / or educate"
Kras.nl: They won!
Combine & Tell
50. @barts | @tonw | @onlinedialogue
http://ondi.me/chicago #convcon
Ever growing our customer knowledge
3 years of being a partner
MoneYou groei over jaren heen
51. H o w t o c r e a t e
w i n n i n g A / B - Te s t p l a n s ?
52. @barts | @tonw | @onlinedialogue
http://ondi.me/chicago #convcon
@barts | @tonw | @onlinedialogue
http://ondi.me/chicago
Digital Data
Persuasion Psychology
How to create winning A/B-test p lans?
Fact & Act