Stephen Pavlovich, Outconvert your competitors and steal their affiliates

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Stephen Pavlovich | 13 March 2012 | @conversionfac Outconvert Your Competitors and Steal Their Affiliates Conversion Rate Optimisation in Travel Stephen Pavlovich

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Transcript of Stephen Pavlovich, Outconvert your competitors and steal their affiliates

Page 1: Stephen Pavlovich, Outconvert your competitors and steal their affiliates

Stephen Pavlovich | 13 March 2012 | @conversionfac

Outconvert Your Competitors and Steal Their Affiliates

Conversion Rate Optimisation in Travel

Stephen Pavlovich

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Stephen Pavlovich | 13 March 2012 | @conversionfac

Share a strategy for conversion optimisation that’s specific to travel

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Stephen Pavlovich | 13 March 2012 | @conversionfac

Who are you and why should I care? Working in partnership with Ayima (SEO), we

helped one client grow from $1bn to $2bn in 12 months

Clients range from startups to £5bn/yr web giants Add 20%-100%+ to their conversion rate

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Stephen Pavlovich | 13 March 2012 | @conversionfac

Conversion optimisation can

Unlock unprofitable PPC campaigns, making your PPC campaigns more profitable than ever.

Let you steal your competitors’ affiliates. Increase your market share rapidly.

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Stephen Pavlovich | 13 March 2012 | @conversionfac

When is a 20% increase worth more than 20%?

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Stephen Pavlovich | 13 March 2012 | @conversionfac

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Stephen Pavlovich | 13 March 2012 | @conversionfac

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Stephen Pavlovich | 13 March 2012 | @conversionfac

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Stephen Pavlovich | 13 March 2012 | @conversionfac

This it just an example. It didn’t really happen. +20%

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Stephen Pavlovich | 13 March 2012 | @conversionfac

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Stephen Pavlovich | 13 March 2012 | @conversionfac

Old booking page New booking page

Searches/mo 10,000 10,000

Conversion rate 2% 2.4%

ROI +50% +60%

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Stephen Pavlovich | 13 March 2012 | @conversionfac

Old booking page New booking page

Searches/mo 10,000 10,000

Conversion rate 2% 2.4%

ROI +50% +60%

Option A: Keep the same spend and increase profit

Option B: Increase spend and increase market share

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Stephen Pavlovich | 13 March 2012 | @conversionfac

What about unprofitable keywords?

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Stephen Pavlovich | 13 March 2012 | @conversionfac

Old booking page New booking page

Searches/mo 100,000 100,000

Conversion rate 1% 1.2%

ROI –10% +8%

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Stephen Pavlovich | 13 March 2012 | @conversionfac

Old booking page New booking page

Searches/mo 100,000 100,000

Conversion rate 1% 1.2%

ROI –10% +8%

Option B: Acquire significantly more traffic

(and market share)

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Stephen Pavlovich | 13 March 2012 | @conversionfac

Conversion optimisation can deliver rapid increases

in market share

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Stephen Pavlovich | 13 March 2012 | @conversionfac

Why conversion optimisation is different in travel

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Stephen Pavlovich | 13 March 2012 | @conversionfac

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Stephen Pavlovich | 13 March 2012 | @conversionfac

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Stephen Pavlovich | 13 March 2012 | @conversionfac

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Stephen Pavlovich | 13 March 2012 | @conversionfac

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Stephen Pavlovich | 13 March 2012 | @conversionfac

Buying processAwareness

Consideration

Purchase

They want to solve a problem

“I want to keep my iPad shiny.”

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Stephen Pavlovich | 13 March 2012 | @conversionfac

Buying process

They look at possible

solutions

Awareness

Consideration

Purchase

“This one has 567 ***** reviews.”

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Stephen Pavlovich | 13 March 2012 | @conversionfac

Buying process

They buy a solution (and

evaluate)

Awareness

Consideration

Purchase

“It’s actually pretty flimsy.”

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Stephen Pavlovich | 13 March 2012 | @conversionfac

The traditional marketer’s buying process

Awareness

Consideration

Purchase

Process can last one session (impulse purchase)

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Stephen Pavlovich | 13 March 2012 | @conversionfac

The traditional marketer’s buying process

Awareness

Consideration

Purchase

Process can last one session (impulse purchase)

…or several sessions lasting weeks (complex purchase)

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Stephen Pavlovich | 13 March 2012 | @conversionfac

Don’t do this…

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Stephen Pavlovich | 13 March 2012 | @conversionfac

This isn’t a buying processSEO/PPC

Visit

Conversion

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Stephen Pavlovich | 13 March 2012 | @conversionfac

Let’s use a holiday booking as an example

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Stephen Pavlovich | 13 March 2012 | @conversionfac

Buying process for booking a holiday

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Stephen Pavlovich | 13 March 2012 | @conversionfac

Buying process for booking a holiday

Get destination ideas

What’s the weather like?

Can we afford it?

When can we go?

What are the hotels like?

How long for?

Do we hire a car?

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Stephen Pavlovich | 13 March 2012 | @conversionfac

Buying process for booking a holiday

The whole process can take several

weeks, across

multiple computers,

involving multiple people.

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Stephen Pavlovich | 13 March 2012 | @conversionfac

Buying process for booking a holiday

…Just as you would

use different KWs to

target each phase, so

should you use

different conversion strategies.

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Stephen Pavlovich | 13 March 2012 | @conversionfac

Your conversion strategy must cover

the whole decision process

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Stephen Pavlovich | 13 March 2012 | @conversionfac

Develop a strategy for these areas

Immediate

Session

Between

sessions

Conversion

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Stephen Pavlovich | 13 March 2012 | @conversionfac

Immediate

Immediate

Session

Between

sessions

Conversion

Relevance Is this what I was looking for?Trust Do I trust the website and company?Appeal What’s the motivation to continue?Urgency Why should I do this now?Objections What would stop me continuing?Action What should I do next?

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Stephen Pavlovich | 13 March 2012 | @conversionfac

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Stephen Pavlovich | 13 March 2012 | @conversionfac

RelevanceTrustAppealUrgencyObjectionsAction

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Stephen Pavlovich | 13 March 2012 | @conversionfac

Session

Immediate

Session

Between

sessions

Conversion

Usability Is this website easy to use? Does it “make me think”?

Persuasion Why should I book with them instead of a competitor?

Action What do I do next? What if I’m not ready to book?

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Stephen Pavlovich | 13 March 2012 | @conversionfac

#1 Choice killsyour conversion rate

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Stephen Pavlovich | 13 March 2012 | @conversionfac

Too much choice can be a bad thing

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Stephen Pavlovich | 13 March 2012 | @conversionfac

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Stephen Pavlovich | 13 March 2012 | @conversionfac

http://www.ted.com/talks/barry_schwartz_on_the_paradox_of_choice.html

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Stephen Pavlovich | 13 March 2012 | @conversionfac

#1 Choice killsNarrow down all choices

(including navigation elements)

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Stephen Pavlovich | 13 March 2012 | @conversionfac

#2 Make your benefits powerful

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Stephen Pavlovich | 13 March 2012 | @conversionfac

Simple No marketing bullshit

Unexpected Will it get my attention?

Concrete Is it grounded in facts?

Credible Is it believable?

Emotional Is it relevant?

Stories Is it backed up with a testimonial?

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Stephen Pavlovich | 13 March 2012 | @conversionfac

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Stephen Pavlovich | 13 March 2012 | @conversionfac

Simple

Unexpected Concrete

Credible

Emotional Stories?

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Stephen Pavlovich | 13 March 2012 | @conversionfac

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Stephen Pavlovich | 13 March 2012 | @conversionfac

Link the statements to modal windows with more information about the benefit.

Make the overlays stick.

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Stephen Pavlovich | 13 March 2012 | @conversionfac

#2 Make your benefits memorable

and sticky

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Stephen Pavlovich | 13 March 2012 | @conversionfac

#3 Bridge the gap

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Stephen Pavlovich | 13 March 2012 | @conversionfac

Bridge the gap

Immediate

Session

Between

sessions

Conversion

Email Capture the visitor’s email, then contact them with relevant emails

Retarget Use advertising specific to the visitor to bring them back

Memory Continue to reinforce the key benefits of your brand

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Stephen Pavlovich | 13 March 2012 | @conversionfac

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Stephen Pavlovich | 13 March 2012 | @conversionfac

What’s a lead passenger?

Is there a fee for paying with a credit card?

Why should I book with you?

I need to doublecheck the dates.

Is there enough money on my credit card?

What happened to that £10 deposit?

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Stephen Pavlovich | 13 March 2012 | @conversionfac

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Stephen Pavlovich | 13 March 2012 | @conversionfac

Move the email field up the page and capture inputs

with AJAX.

Or split the form across two pages.

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Stephen Pavlovich | 13 March 2012 | @conversionfac

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Stephen Pavlovich | 13 March 2012 | @conversionfac

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Stephen Pavlovich | 13 March 2012 | @conversionfac

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Stephen Pavlovich | 13 March 2012 | @conversionfac

An easy way to track competitors’

email marketing…

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Stephen Pavlovich | 13 March 2012 | @conversionfac

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Stephen Pavlovich | 13 March 2012 | @conversionfac

You’ll have an Evernote email address. Eg [email protected]

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Stephen Pavlovich | 13 March 2012 | @conversionfac

You’ll have an Evernote email address. Eg [email protected]

Then set up your mail client to autoforward newsletters/abandoned basket emails/price alerts

from your competitors to Evernote.

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Stephen Pavlovich | 13 March 2012 | @conversionfac

#3 Bridge the gapDon’t rely on visitors remembering you.

Get their email by saving their search, giving price alerts, free

guides…

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Stephen Pavlovich | 13 March 2012 | @conversionfac

Key points

Conversion optimisation is essential to increasing your market share.

If you aren’t, your competitors are already stealing the advantage.

Is your site optimised for immediate, session and between session engagements?

How well are you overcoming choice paralysis, providing clear benefits and bridging the gap?