{"id":15331,"date":"2022-02-17T06:00:47","date_gmt":"2022-02-17T11:00:47","guid":{"rendered":"https:\/\/www.invespcro.com\/blog\/?p=15331"},"modified":"2022-02-17T06:00:47","modified_gmt":"2022-02-17T11:00:47","slug":"cro-for-small-business-5-ways-to-punch-above-your-weight","status":"publish","type":"post","link":"https:\/\/www.invespcro.com\/blog\/cro-for-small-business-5-ways-to-punch-above-your-weight\/","title":{"rendered":"CRO For Small Business: 5 Ways To Punch Above Your Weight"},"content":{"rendered":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> 6<\/span> <span class=\"rt-label rt-postfix\">minutes<\/span><\/span><p><a href=\"https:\/\/www.invespcro.com\/blog\/questions-to-ask-before-hiring-conversion-optimization-company\/\"><span style=\"font-weight: 400;\">Hiring a conversion rate optimization agency<\/span><\/a><span style=\"font-weight: 400;\"> is a good investment \u2013 it&#8217;s something that has been proven over time.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But I understand that not every company has the resources to do so.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Some startup companies operate on a shoestring budget, and they can&#8217;t even afford to engage a CRO consultant \u2013 let alone having an in-house CRO team.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Luckily, you can still do CRO even if you have the leanest budget.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In this article, we will look at different <\/span><a href=\"https:\/\/www.invespcro.com\/cro\/best-practices\/\"><span style=\"font-weight: 400;\">CRO practices<\/span><\/a><span style=\"font-weight: 400;\"> that can help cash-strapped companies optimize their conversion rate.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">All the ideas shared in this article can be applied right away, whether you have massive traffic coming to your website or not.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">1. Follow a Growth Process\u00a0<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">What&#8217;s the one thing every startup needs?\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">GROWTH!\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It&#8217;s an open secret that startups want to grow, but without a proper process in place, your journey to desired growth will take too long, and it&#8217;s more likely to be plagued by unfortunate consequences.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Processes are there to eliminate guesswork and to move things faster. They are even more critical in the startup world, where speed is a competitive advantage.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">At Invesp, we have a <\/span><a href=\"https:\/\/www.invespcro.com\/blog\/creating-a-conversion-roadmap-how-to-prioritize-conversion-problems-on-your-website\/\"><span style=\"font-weight: 400;\">conversion optimization process<\/span><\/a><span style=\"font-weight: 400;\"> to grow our clients&#8217; revenue. We can launch tests fast and move swiftly simply because we know the series of steps to take to achieve a particular end.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">There are many growth and conversion optimization processes out there. Pick one, modify it to suit your business model, and you will be able to accelerate your growth rate.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">2. Customer Journey Mapping\u00a0<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Early-stage startups make one grave mistake of prioritizing their product over their customers.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">They spend much time focusing on their product features and functionality \u2013 instead of being attentive to early customers in a way that makes customers feel like they are in good hands.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Investing in your customer relationship is not just a way to ensure customer satisfaction but also a way to get valuable product feedback and insights. A solid two-way communication channel is one of the most important things you can do to help your startup scale.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This brings us to the next point: how do you build strong customer relationships?\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Building strong customer relationships begins with ensuring that the <\/span><a href=\"https:\/\/www.invespcro.com\/blog\/great-customer-experience\/\"><span style=\"font-weight: 400;\">customer experience<\/span><\/a><span style=\"font-weight: 400;\"> is positive. You have to go through every touchpoint \u2013 website, social media channels, emails, etc. \u2013 that customers have with your brand and make sure it is optimized.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">All I\u2019m saying here is you have to map the entire customer journey and make sure there are no conversion bottlenecks standing in the way of customers. Doing so will help you understand:\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Why people buy<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Their buying criteria\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Customer pain points<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Their behavior<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Their objections and unanswered questions<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The voice of the customer so you can resonate with them<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">According to the Co-founder of Vintage Cash Cow, David Weaver:\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201c<\/span><i><span style=\"font-weight: 400;\">A successful customer journey map will give you real insight into what your customers want and parts of your product, brand, or process that aren\u2019t delivering<\/span><\/i><span style=\"font-weight: 400;\">.\u201d\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">We have written an insightful article on <\/span><a href=\"https:\/\/www.invespcro.com\/blog\/customer-journey-maps\/\"><span style=\"font-weight: 400;\">creating a comprehensive customer journey map<\/span><\/a><span style=\"font-weight: 400;\">. Here\u2019s a summary of the steps included in the whole process:\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Nail down your buyer persona:\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Understand your buyer\u2019s goals\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Map out buyer touchpoints\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Identify customer pain points\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Prioritize and Fix Roadblocks\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Update and improve<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">ALSO READ: <\/span><a href=\"https:\/\/www.invespcro.com\/blog\/customer-journey-maps\/\"><span style=\"font-weight: 400;\">What are customer journey maps and how to improve them<\/span><\/a><\/p>\n<h2><span style=\"font-weight: 400;\">3. Launch Quick Surveys<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Successful startups understand the importance of feedback. Be it positive or negative, feedback equips you with valuable information that you can use to make improvements to your website.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Collecting feedback isn\u2019t expensive. If you are operating on a tiny budget, you can launch quick <\/span><a href=\"https:\/\/www.invespcro.com\/blog\/polls-101-a-kickstart-guide-to-knowing-you-customers-and-increasing-conversions-on-your-website\/\"><span style=\"font-weight: 400;\">visitor polls or surveys<\/span><\/a><span style=\"font-weight: 400;\"> on your website. We use these all the time, bringing a maximum return for minimal effort.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">ALSO READ:<\/span><a href=\"https:\/\/www.invespcro.com\/blog\/website-polls-surveys\/\"><span style=\"font-weight: 400;\"> A guide to creating effective website polls that increase conversions<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Regardless of what you are trying to achieve, quick visitor surveys can help you:\u00a0<\/span><\/p>\n<p><b>Know your customers<\/b><span style=\"font-weight: 400;\"> \u2013 while you may know your target audience, you may not be familiar with all their values and needs. A quick survey can help you gather important information, such as the challenges faced by your target customers and their needs.\u00a0<\/span><\/p>\n<p><b>Measure customer satisfaction <\/b><span style=\"font-weight: 400;\">\u2013 As an early-stage startup, your website may have some bugs which may have slipped through the cracks. You can launch a quick survey and ask for website feedback from your visitors. This can help you avoid negative customer experiences.\u00a0<\/span><\/p>\n<p><b>Gain customer testimonials<\/b><span style=\"font-weight: 400;\"> \u2013 You probably know the importance of having social proof on your website. They help you alleviate anxiety and doubts in the mind of potential customers. So, shortly after a customer purchases and receives your product, send a quick survey asking them for a review that you can display on your site.\u00a0<\/span><\/p>\n<p><b>Build customer loyalty<\/b><span style=\"font-weight: 400;\"> \u2013 Yes, surveys can help you build <\/span><a href=\"https:\/\/www.invespcro.com\/blog\/customer-loyalty-programs\/\"><span style=\"font-weight: 400;\">customer loyalty<\/span><\/a><span style=\"font-weight: 400;\">. All you have to do is send a quick survey asking for their opinion on a specific design change. This will make them feel valued, and once they realize that you value them, they will remain loyal to your brand.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">ALSO READ: <\/span><a href=\"https:\/\/www.invespcro.com\/blog\/customer-survey-questions\/\"><span style=\"font-weight: 400;\">40+ Customer Survey Questions That Marketers Should Ask<\/span><\/a><\/p>\n<h2><span style=\"font-weight: 400;\">4. Launch, Analyze Heatmaps and Session Recordings<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">To compete against giants as a startup, you have to guarantee a positive user experience on your website. In fact, nowadays, that\u2019s table stakes &#8211; every site needs to have an enjoyable browsing journey to be successful!\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You will find it challenging to improve your site\u2019s user experience if you don\u2019t know how visitors interact with your website. And when it comes to how users interact with your site, guesswork doesn\u2019t work here. You have to be sure.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Enter heatmaps and session recordings!\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Heatmaps and session recordings will show you what your visitors see and do when visiting your site. Even if you have little traffic coming to your site, you still have to launch heatmaps and session recordings to understand how users engage with your web elements.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">ALSO READ: <\/span><a href=\"https:\/\/www.invespcro.com\/blog\/a-complete-guide-to-creating-shopify-websites-heat-maps\/\"><span style=\"font-weight: 400;\">A complete guide to creating Shopify websites heat maps<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">CRO platforms such as <\/span><a href=\"https:\/\/www.figpii.com\"><span style=\"font-weight: 400;\">FigPii<\/span><\/a><span style=\"font-weight: 400;\"> give you access to tools like website heat maps and session recordings. A combination of heat maps and session recordings allows you to identify problems and make changes based on the data from the tools.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">There is a way you expect visitors to navigate through your website, but as you watch session replays, you may be surprised by how they really engage with your site.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Sometimes, we place essential elements in areas visitors don\u2019t see \u2013 and unless you analyze heat maps and session replays, you may remain oblivious to it.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">ALSO READ: <\/span><a href=\"https:\/\/www.invespcro.com\/blog\/using-session-replay-videos-to-identify-conversion-problems-on-a-website\/\"><span style=\"font-weight: 400;\">Using session replay videos to identify conversion problems on a website<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">If you do not have heat maps and session recordings running on your site right now, you\u2019re missing out on essential conversion insights.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">5. Conduct a JTBD Customer Interviews\u00a0<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Most of the startup clients we have worked with have one big challenge: they struggle to crisply articulate their <a href=\"https:\/\/www.invespcro.com\/blog\/value-proposition-what-is-it-how-it-works-and-why-you-should-pay-attention\/\">value proposition<\/a>, or their departments look at it a different way.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This happens because they don\u2019t have a shared sense of empathy around the issues faced by users. It is tough to focus on what features matter the most if you don\u2019t have a framework in place to tap into what customers want.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Enter <\/span><a href=\"https:\/\/www.invespcro.com\/blog\/jobs-to-be-done-ecommerce\/\"><i><span style=\"font-weight: 400;\">Jobs To Be Done<\/span><\/i><span style=\"font-weight: 400;\"> (JTBD) framework<\/span><\/a><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">At Invesp, we\u2019re big advocates of <\/span><a href=\"https:\/\/hbswk.hbs.edu\/item\/clay-christensen-the-theory-of-jobs-to-be-done\"><span style=\"font-weight: 400;\">Dr. Clayton Christensen\u2019s theory of <\/span><b>jobs to be done<\/b><\/a><span style=\"font-weight: 400;\">. We have since incorporated the JTBD customer interviews into our conversion optimization process.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The JTBD framework helps you create better and non-obvious insights about your customers. At its core, it allows you to understand who your customers are, what motivates them, what turns them off, and what their unmet aspirations are.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With these insights at your fingertips, all you have to do is translate them into your value proposition and sprinkle it on different elements across your site.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">ALSO READ: <\/span><a href=\"https:\/\/www.invespcro.com\/blog\/jobs-to-be-done-framework-in-conversion-optimization-projects\/\"><span style=\"font-weight: 400;\">Jobs to be done framework in Conversion Optimization Projects<\/span><\/a><\/p>\n<h2><span style=\"font-weight: 400;\">Bonus Point: Conduct a lot of testing\u00a0<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">As a startup, it\u2019s likely that your product, messaging, and even process are still not mature. So, you still have to constantly test to see what works and what doesn\u2019t.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In short, testing is your friend\u2026\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Conduct user tests or usability tests to ensure that your product functions as intended. This is something you should do before you even launch your new website or redesign.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">ALSO READ: <\/span><a href=\"https:\/\/www.invespcro.com\/blog\/usability-testing\/\"><span style=\"font-weight: 400;\">The 7 step roadmap for effective usability testing<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">At its core, usability testing is all about getting feedback. And user feedback is the lifeblood of an early-stage startup \u2013 you need it to succeed.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you have enough traffic, conduct <\/span><a href=\"https:\/\/www.invespcro.com\/ab-testing\/\"><span style=\"font-weight: 400;\">A\/B tests<\/span><\/a><span style=\"font-weight: 400;\"> and learn about user preferences. Test the messaging to see if it really resonates with your targeted audience.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Testing is not only meant for mega-brands with a budget for testing software. It can be crucial for early-stage startups looking to provide a great user experience, scale-up their business, and build a brand people love.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Conclusion\u00a0<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">So, if you can\u2019t afford to hire a <\/span><a href=\"https:\/\/www.invespcro.com\/ab-testing\/\"><span style=\"font-weight: 400;\">CRO agency<\/span><\/a><span style=\"font-weight: 400;\"> or consultant, don\u2019t worry \u2013 there are still things you can do to optimize your conversion rate. In this article, we looked at six different practices that can help cash-strapped startups improve their conversion rates. But what are your thoughts? What have you tried in the past that has worked well for you? Reach out to me on <\/span><a href=\"https:\/\/www.linkedin.com\/in\/simbar-dube\/\"><span style=\"font-weight: 400;\">LinkedIn<\/span><\/a><span style=\"font-weight: 400;\"> and let me know \u2013 I would love to hear from you!<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> 6<\/span> <span class=\"rt-label rt-postfix\">minutes<\/span><\/span>Hiring a conversion rate optimization agency is a good investment \u2013 it&#8217;s something that has been proven over time.\u00a0 But I understand that not every company has the resources to do so.\u00a0 Some startup companies operate on a shoestring budget, and they can&#8217;t even afford to engage a CRO consultant \u2013 let alone having an [&hellip;]<\/p>\n","protected":false},"author":54,"featured_media":15332,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[],"class_list":["post-15331","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cro"],"_links":{"self":[{"href":"https:\/\/www.invespcro.com\/blog\/wp-json\/wp\/v2\/posts\/15331","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.invespcro.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.invespcro.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.invespcro.com\/blog\/wp-json\/wp\/v2\/users\/54"}],"replies":[{"embeddable":true,"href":"https:\/\/www.invespcro.com\/blog\/wp-json\/wp\/v2\/comments?post=15331"}],"version-history":[{"count":0,"href":"https:\/\/www.invespcro.com\/blog\/wp-json\/wp\/v2\/posts\/15331\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.invespcro.com\/blog\/wp-json\/wp\/v2\/media\/15332"}],"wp:attachment":[{"href":"https:\/\/www.invespcro.com\/blog\/wp-json\/wp\/v2\/media?parent=15331"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.invespcro.com\/blog\/wp-json\/wp\/v2\/categories?post=15331"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.invespcro.com\/blog\/wp-json\/wp\/v2\/tags?post=15331"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}