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Conversion
 By Jesper Åström
 jesperastrom.com
According to google.se
The Standard talk on
    Conversion?
Either...
                SEO Traffic comes Here



  <H1>                             Affiliate banner goes Here
                                <H1>
                     Affiliate
AdSense links
                     banner     Content goes Here         Internal
  go here                                                   links
                    goes Here                                 go
                                                            Here

                                               AdSense
                                                Here

          Content
           goes
           Here
99 cents profits!!
x 1 million Spam Pages
   = 990 000 dollars
Or...
Standard presentation on Conversion:

Which page converts the best?
Conclusion:


No one knows!
Solution:


     Test and Analyze!

• A/B split testing
• Multi variable testing
• Customer research
• Cookie tracking
Nothing wrong with
that.... it’s one frame of
            mind!
Both Aim at optimizing
     the website!
So, Let’s do something
          else!!
Let’s Optimize with
   regards to the
  Individual User!
Value Ladder
                                       Returning
                            Customer               Investment
                                                        in
                                                      Time

                     Lead                              or
                                                     Money


          Prospect
Suspect



                 Customer Value
What’s with the Value Ladder?


• We all get traffic to our websites
• The traffic enters in some stage of the
  Value Ladder
• To climb a step in the Value Ladder you
  need some form of conversion
Suspects
                                                   Returning
* Type ins
* Direct traffic                         Customer               Investment
                                                                    in
* Non referring websites
                                                                  Time

                                 Lead                              or
                                                                 Money


                      Prospect
      Suspect
 We know nothing about
 them!


                             Customer Value
How do you convert a
   Suspect into a Prospect?


• Simply make them click some link that
  informs you about their intention on your
  website!
Prospect
          * SEO
          * Paid Media                             Returning
          * Twitter Links

                                        Customer               Investment
                                                                    in
                                                                  Time

                               Lead                                or
                                                                 Money


            Prospect
Suspect       You know they are
              interested in doing
              something you want them
              to do!



                            Customer Value
How Convert a
 Prospect into a Lead?
• You need to offer them something valuable
  enough for them to leave some id
• Depending upon how they reached the
  page, you should be able to give them a
  relevant value
E-mail subscription
        Example
• SEO Traffic looking to Buy:
  Offer them to join your Discount Weekly
  Newsletter
• Social Media traffic looking for info:
  Offer them to join your Weekly Updates on
  related articles
Lead
                     * Social Media
                     * Bought CRM
                                                   Returning
                                      Customer                 Investment
                                                                    in
                                                                  Time

                         Lead                                      or
                                                                 Money


          Prospect     You know who they are and
                       what they are interested
Suspect                about, as well as how you
                       can contact them.




                 Customer Value
What Converts a Lead
  to a Customer?

• Either it is that you give them the best offer
• Or you establish a relationship
Customer     * Offer
                            * Relationship

                                             Returning
                            Customer                      Investment
                                                               in
                                                             Time

                     Lead     You know what they want         or
                                                            Money
                              to buy, or what they need
                              and so your relationship
          Prospect            decides the price.

Suspect



                 Customer Value
What Converts a Customer to
  a Returning Customer?



• Relationship
• Product satisfaction
Returning               * Satisfaction
                                       * Relationship



                                       Returning
                            Customer                     Investment
                                                              in
                                        You know a lot      Time

                     Lead               about them and
                                                             or
                                                           Money
                                        can sell them
                                        what they
          Prospect                      desire!

Suspect



                 Customer Value
Value Ladder
                                       Returning
                            Customer               Investment
                                                        in
                                                      Time

                     Lead                              or
                                                     Money


          Prospect
Suspect



                 Customer Value
So Why do we have to
    know this?
Relationships Makes
   Conversion costs lower!


• Short term strategists have nothing to earn
  from this!
• If you are working on a brand you have
  everything to earn from knowing this!
Cost Reduction!!
                                                   Cost
                                                   Per
                                       Returning   Sale




                Customer Value
                            Customer
                     Lead                          One
                                                   Time
                                                   Costs
          Prospect
Suspect
And there is
One Rule to Follow to
Make this come True:
Never Break a Promise!
Thank you!
jesperastrom.com

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Value Ladder Conversion : SearchMeet Stockholm 28th November 2009

  • 1. Conversion By Jesper Åström jesperastrom.com
  • 2.
  • 4. The Standard talk on Conversion?
  • 5. Either... SEO Traffic comes Here <H1> Affiliate banner goes Here <H1> Affiliate AdSense links banner Content goes Here Internal go here links goes Here go Here AdSense Here Content goes Here
  • 7. x 1 million Spam Pages = 990 000 dollars
  • 9. Standard presentation on Conversion: Which page converts the best?
  • 11. Solution: Test and Analyze! • A/B split testing • Multi variable testing • Customer research • Cookie tracking
  • 12. Nothing wrong with that.... it’s one frame of mind!
  • 13. Both Aim at optimizing the website!
  • 14. So, Let’s do something else!!
  • 15. Let’s Optimize with regards to the Individual User!
  • 16. Value Ladder Returning Customer Investment in Time Lead or Money Prospect Suspect Customer Value
  • 17. What’s with the Value Ladder? • We all get traffic to our websites • The traffic enters in some stage of the Value Ladder • To climb a step in the Value Ladder you need some form of conversion
  • 18. Suspects Returning * Type ins * Direct traffic Customer Investment in * Non referring websites Time Lead or Money Prospect Suspect We know nothing about them! Customer Value
  • 19. How do you convert a Suspect into a Prospect? • Simply make them click some link that informs you about their intention on your website!
  • 20. Prospect * SEO * Paid Media Returning * Twitter Links Customer Investment in Time Lead or Money Prospect Suspect You know they are interested in doing something you want them to do! Customer Value
  • 21. How Convert a Prospect into a Lead? • You need to offer them something valuable enough for them to leave some id • Depending upon how they reached the page, you should be able to give them a relevant value
  • 22. E-mail subscription Example • SEO Traffic looking to Buy: Offer them to join your Discount Weekly Newsletter • Social Media traffic looking for info: Offer them to join your Weekly Updates on related articles
  • 23. Lead * Social Media * Bought CRM Returning Customer Investment in Time Lead or Money Prospect You know who they are and what they are interested Suspect about, as well as how you can contact them. Customer Value
  • 24. What Converts a Lead to a Customer? • Either it is that you give them the best offer • Or you establish a relationship
  • 25. Customer * Offer * Relationship Returning Customer Investment in Time Lead You know what they want or Money to buy, or what they need and so your relationship Prospect decides the price. Suspect Customer Value
  • 26. What Converts a Customer to a Returning Customer? • Relationship • Product satisfaction
  • 27. Returning * Satisfaction * Relationship Returning Customer Investment in You know a lot Time Lead about them and or Money can sell them what they Prospect desire! Suspect Customer Value
  • 28. Value Ladder Returning Customer Investment in Time Lead or Money Prospect Suspect Customer Value
  • 29. So Why do we have to know this?
  • 30. Relationships Makes Conversion costs lower! • Short term strategists have nothing to earn from this! • If you are working on a brand you have everything to earn from knowing this!
  • 31. Cost Reduction!! Cost Per Returning Sale Customer Value Customer Lead One Time Costs Prospect Suspect
  • 32. And there is One Rule to Follow to Make this come True:
  • 33. Never Break a Promise!