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Digg it UP - How To Increase Your Conversion Rate or What Most People Miss When It Comes To Optimization
What Not To Do With Your LeadsAnyone that works in sales knows just how important it is to have lead sources to keep your pipeline filled. But it is not only how we obtain the leads that is important, it’s what we do with them once we get them.One of the most critical mistakes a sales person can make once they receive a lead, is not acting on it immediately.I once worked with a guy who belonged to a networking group, the soul purpose of his joining this group was to receive leads. This group wasn’t cheap either, it cost him $500.00 annually to be a member.He would come back from his weekly meeting with a lead in his hand and pin it to the bulletin board above his desk, and there it would stay until he noticed it a few days later.It drove me nuts!In sales, and it does not matter what you are selling, every day is critical! At any tempting to find the best producing color for that button. If you start testing different colors when that attribute is not significant, you just waste your time. So how can you find which attributes are significant and which are not in a reasonable amount of time? It's simple. You need to test in parallel. You need to think up as many different attributes as you can and create different values for each of them. After that, you need to present a random set of attribute values to each new visitor, and keep the same values for returning visitors. Once you do that, you need to collect and track your test data to measure performance based on the sets of values. For example, let's assume you tried the following attributes (with a set of values): - a color of an order button: blue, green
- a text of an order button:
How To Write A Press Release That Makes NewsWriting a press release (or news release) AND getting it
published is not difficult.Remember, though, good press releases -- i.e. press releases that get published and make news -- can provide invaluable marketing for your business or website. So it is worth understanding the mechanics of writing a press release that makes news.Namely:1) Have a story to tell
2) Think like a journalist
3) Format the press release properly
4) Keep your press release short!
5) Promote your press release onlineLet's look at these press release guidelines a bit closer.1) Have A Story To TellYou must have a story to tell, a hook, or an interesting angle. Whilst demand for news is great, the news must still be interesting.So, find your story and develop it; position your press release, so Everybody talks about the importance of testing your sales copy or a page layout. After all, proper testing can help you modify your page in a way that will drastically increase your conversion rate.In this article, I would like to describe a way to shorten the amount of time it takes to test your pages and to increase the probability of success. Before I go any further, I would like to introduce a few concepts and notions that will be used in this article. Attribute -- a specific visual or conceptual element of a page, an ad creative, or a sales letter (used in fine-grained performance comparison testing). A few examples of what might be considered attributes: - headline text
- headline font
- headline color
- order button size
- order button color
- order button text
Please note that even though those six things are related to only two elements, they are all separate attributes. Attribute value – some particular setting of an attribute. Here are a few examples of values: - order button color, red
- order button color, green
- order button text, "Buy Now"
- order button text, "Add To Cart"
I just listed two values for two separate attributes. Significant attribute -- an attribute that affects the performance of a page. Insignificant attribute – an attribute that does not affect (or has little effect on) the performance of a page. There are some obvious significant attributes that are universal for everybody. One example of such significant attribute is a headline. It has been proven many times over that changes in a headline have a huge impact on the performance of a campaign or an offering, in any medium for any industry. You can find a lot of information about universal significant attributes in any book that deals with testing and response rates. A much harder problem would be trying to identify significant attributes that are unique to your site, product, audience, or traffic source. As I described in my report called "How To Win The AdWords Game," the famous 20/80 rule applies to attribute testing just as well as it applies to many other things in our lives. In other words, 20% of the attributes you improve will produce 80% of overall performance increase. Out of 100 attributes you decide to test, testing 80 attributes would be a waste of time. This is the reason many people fail to realize the importance of small attributes. After all, if you follow the conventional wisdom of testing only one attribute at a time, you end up with no visible results and a firm belief that small attributes do not affect conversion. It is only logical to quit after testing 10 different attributes, one at a time, and having to wait one week for each attribute. The truth is, you have most likely spent that 10 weeks testing your insignificant attributes. Since there is no way to know in advance which ones of your attributes are significant, the only reasonable thing to do is to test. You need to test and find out which attributes have the most effect on your visitors' behavior before you start testing different values of those attributes. Let me give you a simple example of what I mean: You need to establish that a color of an order button is in fact a significant attribute before attempting to find the best producing color for that button. If you start testing different colors when that attribute is not significant, you just waste your time. So how can you find which attributes are significant and which are not in a reasonable amount of time? It's simple. You need to test in parallel. You need to think up as many different attributes as you can and create different values for each of them. After that, you need to present a random set of attribute values to each new visitor, and keep the same values for returning visitors. Once you do that, you need to collect and track your test data to measure performance based on the sets of values. For example, let's assume you tried the following attributes (with a set of values): - a color of an order button: blue, green
- a text of an order button: "
Australian Breakthrough for Commercial PlumbersPlumbing can be a cutthroat business at the best of times but when it comes to large commercial contracts, the business can be downright draining. That is, until now.The big commercial developments going-up all over the world, tend to call for extremely innovative and price conscious business people as well as extremely good Plumbing professionals.Project Managers can be inundated with applications when they call for expressions of interest for large Tender projects. Then they have to short-list them and sort out the preferred Businesses.If a Plumbing Business has any chance of success in tendering for these projects they have to have an ‘edge’. This edge can be anything that will make their estimate standout from the rest. Be that in price, guarantee period, contract variations, fixed price or innovative new pro ul>Please note that even though those six things are related to only two elements, they are all separate attributes. Attribute value – some particular setting of an attribute. Here are a few examples of values: - order button color, red
- order button color, green
- order button text, "Buy Now"
- order button text, "Add To Cart"
I just listed two values for two separate attributes. Significant attribute -- an attribute that affects the performance of a page. Insignificant attribute – an attribute that does not affect (or has little effect on) the performance of a page. There are some obvious significant attributes that are universal for everybody. One example of such significant attribute is a headline. It has been proven many times over that changes in a headline have a huge impact on the performance of a campaign or an offering, in any medium for any industry. You can find a lot of information about universal significant attributes in any book that deals with testing and response rates. A much harder problem would be trying to identify significant attributes that are unique to your site, product, audience, or traffic source. As I described in my report called "How To Win The AdWords Game," the famous 20/80 rule applies to attribute testing just as well as it applies to many other things in our lives. In other words, 20% of the attributes you improve will produce 80% of overall performance increase. Out of 100 attributes you decide to test, testing 80 attributes would be a waste of time. This is the reason many people fail to realize the importance of small attributes. After all, if you follow the conventional wisdom of testing only one attribute at a time, you end up with no visible results and a firm belief that small attributes do not affect conversion. It is only logical to quit after testing 10 different attributes, one at a time, and having to wait one week for each attribute. The truth is, you have most likely spent that 10 weeks testing your insignificant attributes. Since there is no way to know in advance which ones of your attributes are significant, the only reasonable thing to do is to test. You need to test and find out which attributes have the most effect on your visitors' behavior before you start testing different values of those attributes. Let me give you a simple example of what I mean: You need to establish that a color of an order button is in fact a significant attribute before attempting to find the best producing color for that button. If you start testing different colors when that attribute is not significant, you just waste your time. So how can you find which attributes are significant and which are not in a reasonable amount of time? It's simple. You need to test in parallel. You need to think up as many different attributes as you can and create different values for each of them. After that, you need to present a random set of attribute values to each new visitor, and keep the same values for returning visitors. Once you do that, you need to collect and track your test data to measure performance based on the sets of values. For example, let's assume you tried the following attributes (with a set of values): - a color of an order button: blue, green
- a text of an order button:
9 Necessary Steps You Should Take When You Hire Your First SalespersonAs a small business owner, at some point in time, you will most likely decide to hire your first salesperson. This process can be exciting and rewarding but only when the proper planning is completed. It is important to keep in mind the old saying; proper planning prevents poor performance. This new sales department needs a plan for performance. Listed is a performance process you want to have predetermined and in place before you hire your new superstar.1. Hire a recruiter first.Recruiters may cost a few thousand dollars or so, but a good recruiter will save you that plus tens of thousands of dollars or more that it would cost you if you hired the wrong candidate. Not only do recruiters take the time screening candidates and finding you the best performers but a good recruiter will help find you the person whom will wo anges in a headline have a huge impact on the performance of a campaign or an offering, in any medium for any industry. You can find a lot of information about universal significant attributes in any book that deals with testing and response rates.A much harder problem would be trying to identify significant attributes that are unique to your site, product, audience, or traffic source. As I described in my report called "How To Win The AdWords Game," the famous 20/80 rule applies to attribute testing just as well as it applies to many other things in our lives. In other words, 20% of the attributes you improve will produce 80% of overall performance increase. Out of 100 attributes you decide to test, testing 80 attributes would be a waste of time. This is the reason many people fail to realize the importance of small attributes. After all, if you follow the conventional wisdom of testing only one attribute at a time, you end up with no visible results and a firm belief that small attributes do not affect conversion. It is only logical to quit after testing 10 different attributes, one at a time, and having to wait one week for each attribute. The truth is, you have most likely spent that 10 weeks testing your insignificant attributes. Since there is no way to know in advance which ones of your attributes are significant, the only reasonable thing to do is to test. You need to test and find out which attributes have the most effect on your visitors' behavior before you start testing different values of those attributes. Let me give you a simple example of what I mean: You need to establish that a color of an order button is in fact a significant attribute before attempting to find the best producing color for that button. If you start testing different colors when that attribute is not significant, you just waste your time. So how can you find which attributes are significant and which are not in a reasonable amount of time? It's simple. You need to test in parallel. You need to think up as many different attributes as you can and create different values for each of them. After that, you need to present a random set of attribute values to each new visitor, and keep the same values for returning visitors. Once you do that, you need to collect and track your test data to measure performance based on the sets of values. For example, let's assume you tried the following attributes (with a set of values): - a color of an order button: blue, green
- a text of an order button:
The Psychology of Urgency: Make Them Want It Now!“I’ll think it over and get back to you.” “Sure, we’ll do that someday.” “I need to check with my colleagues.” “Give me a call next month, then we can set a date.”Tired of excuses? Looking for a more successful way to get others to take immediate action?For the last century, psychologists have been studying simple persuasion tactics that will allow you to motivate people and get the results you desire. This article focuses on using the psychology of persuasion to create a sense of urgency in your customers.The Psychology of Limited ResourcesThe first strategy for getting people to take immediate action is to present yourself or your product as “limited,” “scarce,” or “in demand.”Why? People want what they can’t have. Repeatedly, psychologists have shown that human beings find more value in th ter all, if you follow the conventional wisdom of testing only one attribute at a time, you end up with no visible results and a firm belief that small attributes do not affect conversion. It is only logical to quit after testing 10 different attributes, one at a time, and having to wait one week for each attribute. The truth is, you have most likely spent that 10 weeks testing your insignificant attributes.Since there is no way to know in advance which ones of your attributes are significant, the only reasonable thing to do is to test. You need to test and find out which attributes have the most effect on your visitors' behavior before you start testing different values of those attributes. Let me give you a simple example of what I mean: You need to establish that a color of an order button is in fact a significant attribute before attempting to find the best producing color for that button. If you start testing different colors when that attribute is not significant, you just waste your time. So how can you find which attributes are significant and which are not in a reasonable amount of time? It's simple. You need to test in parallel. You need to think up as many different attributes as you can and create different values for each of them. After that, you need to present a random set of attribute values to each new visitor, and keep the same values for returning visitors. Once you do that, you need to collect and track your test data to measure performance based on the sets of values. For example, let's assume you tried the following attributes (with a set of values): - a color of an order button: blue, green
- a text of an order button:
An SEO Glossary - Common SEO Terms DefinedSearch Engine Optimization (SEO) has become an essential weapon in the arsenal of every online business. Unfortunately, for most business owners and marketing managers (and even many webmasters), it's also somewhat of an enigma. This is partly due to the fact that it's such a new and rapidly changing field, and partly due to the fact that SEO practitioners tend to speak in a language all of their own which, without translation, is virtually impenetrable to the layperson. This glossary seeks to remedy that situation, explaining specialist SEO terms in plain English...AdWordsSee Sponsored Links.algorithmA complex mathematical formula used by search engines to assess the relevance and importance of websites and rank them accordingly in their search results. tempting to find the best producing color for that button. If you start testing different colors when that attribute is not significant, you just waste your time.So how can you find which attributes are significant and which are not in a reasonable amount of time? It's simple. You need to test in parallel. You need to think up as many different attributes as you can and create different values for each of them. After that, you need to present a random set of attribute values to each new visitor, and keep the same values for returning visitors. Once you do that, you need to collect and track your test data to measure performance based on the sets of values. For example, let's assume you tried the following attributes (with a set of values): - a color of an order button: blue, green
- a text of an order button: "Buy Now", "Add To Cart"
- a color of the font that lists the price: red, black
That way, one visitor might see a blue "Buy Now" button next to the red price, while another one might see a green "Add To Cart" button with the black price, and yet another one might see a green "Buy Now" button with the red price, and so on. With this set-up, you get 8 combinations of three attributes. Once you ran a test, you got the following conversion rates: order button, blue = 1.53% order button, green = 1.52%
text of a button, "Buy Now" = 1.95% text of a button, "Add To Cart" = 1.01%
color of price, red = 1.51% color of price, black = 1.49%
From this data, you can tell that you got the most performance difference by changing the text of an order button. This is your significant attribute. Forget about the other two for now and start testing the text of a button. You can take this concept a step further and test combinations of attributes. You might find that changing a color of the price together with a text of the order button produces better results than changing the color alone. I will not cover this topic now, but will write about it in the near future. For now, let's just concentrate on picking stand-alone attributes that show to be significant to the performance of your page. Once you have identified those attributes, it's time to start tweaking their values and test results, also in parallel. You need to apply the same concept, to testing values of attributes this time. Keep in mind, that small attributes are often unique to your site and your audience. What might work for you, might not work for other people. Nevertheless, if you can correctly identify your small, but significant attributes, you should be able to increase your conversion rate. The effect of those small attributes might not be as significant as with headlines or other well-known attributes, but the more attributes you find and optimize the higher you increase the overall performance of your page. Copyright 2004 Konstantin Goudkov If you would like to receive more of my tips, ideas, articles, and reports about testing, tracking, conversions, marketing, and sales - send an e-mail to: newsletter@in-the-name-of-profit.com
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