• 12 Lessons from Running 512 A/B Tests in One Year

    12 Lessons from Running 512 AB Tests in One Year By Invesp

    2016 was a bold year for Invesp. It was a year of amazing successes. But, also, of rough failures. I have always believed that you must be willing to embrace failure if you are looking to achieve big wins.

    While embracing failure applies to many things in life, it is  truer for anyone doing CRO.

    In 2016, we ran a total of 512 A/B tests through our various projects helping top online brands increase their website conversion rates.

    Most of our tests are medium to highly complex tests. Since we have been doing conversion optimization for over 11 years, we

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  • Conversion Rate Optimization Process: 12-Steps for Consistent Increases in Conversion Rates

    Conversion Optimization System

    If you have been doing CRO for some time, you know it is not an easy task to produce consistent increases in your (or your clients’) website conversion rates.

    There are months in which your A/B tests produce significant increases in conversion rates. Other months, you find not so great results. We struggled with this inconsistency 11 years ago, when we first started Invesp.

    We knew that we had to solve this problem if we were looking to build our conversion optimization practice. Our first attempt to solve this problem was by introducing the Conversion Framework.

    But the framework by

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  • The Conversion Framework: 7 Principles to Increase Conversion Rates

    Conversion rate optimization principles

    Conversion rate optimization is a science.

    This means you should be able to reproduce a process, step by step, through a time-tested system, to achieve the increase in conversions you aspire for your website.

    Sounds good, right? That is why we created the Conversion Framework.

    The goal of the Conversion Framework is to remove the guesswork from the conversion optimization process. It provides anyone interested in optimization with a specific methodology to produce consistent results.

    In the following chapters of this guide, you will discover the Conversion Framework and its different elements. This framework is the process we developed and deployed on hundreds of

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  • An Expert Guide To Optimize Your SaaS Pricing Strategy

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    An Expert Guide to Optimize Your SaaS Pricing Strategy Ayat Shukairy, a well-known CRO expert, lists out five steps to optimize your SaaS pricing tiers and pricing page 81SHARESLinkedinTwitterFacebookGoogle Finding the right pricing strategy and price points for your SaaS (Software as a Service) company is no mean feat. As a matter of fact, quite a few companies and especially startups struggle with defining a successful pricing strategy. In recent years, the use of SaaS grew year-to-year at a rate of 24.4%, and by 2019 it is predicted to account to around 20% of all software spending. No wonder the implementation of ... Read More
  • The Average Website Conversion Rate by Industry (updated for 2017)

    Average website conversion rate by Industry

    Conversion rate information is one of the most protected data on the web.
    You should expect such secrecy. Website owners do not jump on the idea of sharing their website’s performance with competitors. While many tools available can estimate the number of visitors a website receives, limited software options may determine any website conversion rate.

    The question now is: what is a good conversion rate?

    The answer: it varies. What’s great for one industry might be below par for another.

    One multi-billion dollar company I once worked with had conversion rates of 41% for first time visitors. And they

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  • E-commerce Fraud And Chargebacks – Statistics And Trends

    The state of ecommerce chargeback

    Did you know that E-commerce industry suffered an estimated revenue loss of $6.7 billion due to chargebacks in 2016 out of which 71% ($4.8b) was due to friendly/chargeback fraud. Every dollar of fraud cost E-commerce merchants $2.40 in 2016, up from $2.23 in 2015. Check out our infographic on “E-commerce Fraud and Chargeback” for latest statistics and trends.

     

    Infographic by- Invesp Landing Page Optimization Company

    To Publish this Image on your Blog or Website . Copy this code

    Infographic by- Invesp Conversion Rate and Landing Page Optimization

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  • Google Analytics Metrics That Impact Conversion Rate Optimization

    Using analytics for conversion rate optimization

    As you focus on increasing your online conversions, you will have to spend time digging through and analyzing your analytics data. CRO is about looking at different metrics and putting them together to determine which pages to optimize and which hypothesis to pursue.

    Let’s take a look together in some of the central features of your website data.
    In this chapter, we explain about entrance, bounce rate, exit rate, average time on page, and traffic sources. Learn how to differentiate between bounce and exit rates, and find out how to interpret the behavior of your traffic segments.

    This data

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  • How To Calculate Your Website Or Campaign Conversion Rate

    Calculate website conversion rate by Invesp

    A successful CRO program involves integrated costs and revenues. We have formulas for these figures, but they come disguised in three-letter words, like PPC, ROI, and AOV.

    If this is your first project on conversion optimization, the formulas might seem a bit daunting. But, with time, you will get used to the basic math we are presenting in this chapter of our guide.

    Let’s take baby-steps. We will start with the main formulas of CRO.

    The basic conversion rate equation is:

    Conversion Rate = Total number of conversions / Total number of sessions

    In a month, if your site reaches

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