Conversion Rate Optimization (CRO) is one of the most important concepts in e-commerce, and when you're just getting started building your online business, it's easy to get confused by all the buzzwords and jargon. You may even be thinking that it's too complicated to understand, but you'd be wrong! Just like any other part of your business, CRO has to be simple and easy to understand. By keeping these four things in mind, you'll be well on your way to understanding CRO:
Conversion Rate Optimization refers to the process of raising the total number of visitors or clients to take a given action from a website. The goal of any business with an online presence is to drive traffic to its website, increase sales, and generally improve its overall bottom line. In order to do this successfully, it's essential to have high conversion rates - that is, the rate at which customers go from visiting your site to making a purchase or contacting a company representative. This number, in turn, is called "conversion," and it's expressed as a percentage: the higher the conversion rate, the more visitors you have who are ultimately going to turn into paying customers.
There are several factors that contribute to a good conversion rate optimization strategy. First, you have to choose the right traffic sources. You should only send your traffic to companies and landing pages that will actually convert them into paying customers, after all. For example, you can't expect to generate traffic and send it to a company's landing page simply because it's cute or interesting. The audience you're trying to attract will reject that approach, and it's a waste of time and effort.
Second, you have to properly structure your marketing campaigns so that they're targeted toward your specific market. Don't try to target everyone who walks by your website! Your conversion rate optimization strategy has to be customized to the specific market to which you are attempting to appeal. If you're attempting to appeal to teenagers, for instance, you wouldn't send all of your traffic to an advertising campaign about football. You have to target your visitors by age, gender, educational background, financial situation, and so on-all of which are highly relevant to your market, in order for you to be able to successfully attract the right traffic to your website.
Third, you need to understand the relationship between the keywords in your marketing campaign and your conversion rates. Keywords, when chosen carefully and strategically placed within your content, can significantly increase your conversions. However, poorly selected keywords can lower your desired action rates, which can prove to be a very expensive misstep. It's important for you to understand both the positive and negative aspects of keywords in order to choose them wisely.
Fourth, you need to optimize conversion rates on your own website, not through link building campaigns or search engine optimization campaigns. Link building campaigns can be very beneficial, as they can drive traffic to your own sites for a relatively low cost, but there are many factors that should be considered before you begin such a campaign. First, you must decide whether you wish to build internal links to your site from other reputable sites that are relevant to your own market. Second, the content in those sites must be perfectly relevant to your own market and keyword choices, as well as keyword phrases that you know your visitors will use in order to find you.
Fifth, you need to know your audience, and what words they might potentially use to search for your products or services. The Conversion Rate Optimization process begins by knowing who your audience is and then tailoring your campaign to appeal to their needs. Your website visitors are much more likely to purchase if they are in search of exactly the information or products that you offer, rather than searching for a myriad of similar products or services. This is one of the most important things to know about conversion rate optimization, and it's something that you must incorporate into your SEO plan from the beginning.
By combining these five core elements - knowledge of your market, your desired action, creating effective content, and understanding conversion rates - you can greatly improve your ROI with a good conversion rate optimization campaign. However, there are a few things that are outside of the scope of this article. If you have specific knowledge about search engine optimization and search engine marketing, you can easily implement a system for obtaining these numbers and make them your guide to success. Otherwise, you can learn how to use the data that you have gathered in your CRO project to choose the best keywords for your site, the right products for your market, and the right advertising for your business. Whether you're a beginner or an expert in this area, there's always time to learn more about conversion rate optimization.