e-commerce conversion optimization part two: your cart - whichtestwon’s tle

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Ecommerce Conversion Optimization Part Two: Your Cart Michael Batko cleverbridge Key Account Manager #TLE201 3 The Live Event @MichaelBatko

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cleverbridge key account manager Mike Batko focuses on shopping cart optimization, providing practical tips and techniques for increasing conversion rates. Geared toward e-commerce marketers whose companies largely or wholly control the design and flow of their cart, the presentation will also include information about pricing products for global customers and the importance of alternative payment methods. Areas of discussion include: • Cart entrance pages and guests vs. registered users • Appealing to a domestic & international customer base • Global payment method popularity • International pricing strategy • Number of pages and dynamic pages • Cross-selling and social media • Trust marks, testimonials and security seals

TRANSCRIPT

Page 1: E-commerce Conversion Optimization Part Two: Your Cart - WhichTestWon’s TLE

Ecommerce Conversion Optimization Part Two: Your Cart

Michael Batkocleverbridge

Key Account Manager

#TLE2013The Live Event@MichaelBatko

Page 2: E-commerce Conversion Optimization Part Two: Your Cart - WhichTestWon’s TLE

AgendaPart 1

©2013, WhichTestWon.com a division of Anne Holland Ventures Inc. All rights reserved.

#TLE2013The Live Event@MichaelBatko

Optimizing International

Checkout

Part 2 Individual Cart Analysis / Q&A

Page 3: E-commerce Conversion Optimization Part Two: Your Cart - WhichTestWon’s TLE

Mike’s Background6+ Years E-commerce FocusGlobal Shopping CartsPayment ProcessingOptimization Customer Service

©2013, WhichTestWon.com a division of Anne Holland Ventures Inc. All rights reserved.

#TLE2013The Live Event@MichaelBatko

Page 4: E-commerce Conversion Optimization Part Two: Your Cart - WhichTestWon’s TLE

Optimizing International Checkout

Goal – Convert a visitor who clicks ‘Buy’

Remove Barriers to “Submit Order”

©2013, WhichTestWon.com a division of Anne Holland Ventures Inc. All rights reserved.

#TLE2013The Live Event@MichaelBatko

Remember visitors are NOT all equal

Page 5: E-commerce Conversion Optimization Part Two: Your Cart - WhichTestWon’s TLE

What does this button mean to you?

©2013, WhichTestWon.com a division of Anne Holland Ventures Inc. All rights reserved.

#TLE2013The Live Event@MichaelBatko

Page 6: E-commerce Conversion Optimization Part Two: Your Cart - WhichTestWon’s TLE

Does it mean….

©2013, WhichTestWon.com a division of Anne Holland Ventures Inc. All rights reserved.

#TLE2013The Live Event@MichaelBatko

Page 7: E-commerce Conversion Optimization Part Two: Your Cart - WhichTestWon’s TLE

©2013, WhichTestWon.com a division of Anne Holland Ventures Inc. All rights reserved.

#TLE2013The Live Event@MichaelBatko

Does it mean….

Page 8: E-commerce Conversion Optimization Part Two: Your Cart - WhichTestWon’s TLE

©2013, WhichTestWon.com a division of Anne Holland Ventures Inc. All rights reserved.

#TLE2013The Live Event@MichaelBatko

Does it mean….

Page 9: E-commerce Conversion Optimization Part Two: Your Cart - WhichTestWon’s TLE

©2013, WhichTestWon.com a division of Anne Holland Ventures Inc. All rights reserved.

#TLE2013The Live Event@MichaelBatko

Does it mean….

Page 10: E-commerce Conversion Optimization Part Two: Your Cart - WhichTestWon’s TLE

©2013, WhichTestWon.com a division of Anne Holland Ventures Inc. All rights reserved.

#TLE2013The Live Event@MichaelBatko

Page 11: E-commerce Conversion Optimization Part Two: Your Cart - WhichTestWon’s TLE

1. Create account based on shopping cart data2. Utilize social media services (Facebook, Twitter)3. Authenticate from trial if possible

What if my Product / Service Requires an Account?

©2013, WhichTestWon.com a division of Anne Holland Ventures Inc. All rights reserved.

#TLE2013The Live Event@MichaelBatko

Page 12: E-commerce Conversion Optimization Part Two: Your Cart - WhichTestWon’s TLE

The Shopping Cart – What’s wrong with this cart?

©2013, WhichTestWon.com a division of Anne Holland Ventures Inc. All rights reserved.

#TLE2013The Live Event@MichaelBatko

Page 13: E-commerce Conversion Optimization Part Two: Your Cart - WhichTestWon’s TLE

The Shopping Cart – What’s wrong with this cart?

©2013, WhichTestWon.com a division of Anne Holland Ventures Inc. All rights reserved.

#TLE2013The Live Event@MichaelBatko

• Odd country field placement

• Why isn’t country pre-selected?

• No state preselected• Zip field placement• Do you really need a

phone number?

• Why do you need a password?

Page 14: E-commerce Conversion Optimization Part Two: Your Cart - WhichTestWon’s TLE

The Shopping Cart

©2013, WhichTestWon.com a division of Anne Holland Ventures Inc. All rights reserved.

#TLE2013The Live Event

Before your visitor sees the cart, a wealth of information is available that can be used to remove barriers!

@MichaelBatko

Page 15: E-commerce Conversion Optimization Part Two: Your Cart - WhichTestWon’s TLE

The Shopping Cart

©2013, WhichTestWon.com a division of Anne Holland Ventures Inc. All rights reserved.

#TLE2013The Live Event

Geographical LocationUse IP to determine geographical location

Services are inexpensive and accurate – 99.8% - Country level>90% - State level

@MichaelBatko

Page 16: E-commerce Conversion Optimization Part Two: Your Cart - WhichTestWon’s TLE

The Shopping Cart – Geo Pricing

©2013, WhichTestWon.com a division of Anne Holland Ventures Inc. All rights reserved.

#TLE2013The Live Event@MichaelBatko

Page 17: E-commerce Conversion Optimization Part Two: Your Cart - WhichTestWon’s TLE

The Shopping Cart – Geo Pricing

©2013, WhichTestWon.com a division of Anne Holland Ventures Inc. All rights reserved.

#TLE2013The Live Event@MichaelBatko

Page 18: E-commerce Conversion Optimization Part Two: Your Cart - WhichTestWon’s TLE

The Shopping Cart – Geo Pricing

©2013, WhichTestWon.com a division of Anne Holland Ventures Inc. All rights reserved.

#TLE2013The Live Event

USA Visitors:Ex. $99.99Prices don’t include tax‘$’ placed before price‘.’ separates dollars and centsOpt-outs are not a big deal

@MichaelBatko

Page 19: E-commerce Conversion Optimization Part Two: Your Cart - WhichTestWon’s TLE

The Shopping Cart – Geo Pricing

©2013, WhichTestWon.com a division of Anne Holland Ventures Inc. All rights reserved.

#TLE2013The Live Event

USA Visitors:

@MichaelBatko

Page 20: E-commerce Conversion Optimization Part Two: Your Cart - WhichTestWon’s TLE

The Shopping Cart - Geo Pricing

©2013, WhichTestWon.com a division of Anne Holland Ventures Inc. All rights reserved.

#TLE2013The Live Event

Euro Visitors:Ex. 99,99 €Marketable prices SHOULD include VAT‘€’ placed after price (non-English territories)‘,’ separates dollars and centsOpt-outs are a big deal

@MichaelBatko

Page 21: E-commerce Conversion Optimization Part Two: Your Cart - WhichTestWon’s TLE

The Shopping Cart - Geo Pricing

©2013, WhichTestWon.com a division of Anne Holland Ventures Inc. All rights reserved.

#TLE2013The Live Event

Euro Visitors:

@MichaelBatko

Page 22: E-commerce Conversion Optimization Part Two: Your Cart - WhichTestWon’s TLE

The Shopping Cart - Geo Pricing

©2013, WhichTestWon.com a division of Anne Holland Ventures Inc. All rights reserved.

#TLE2013The Live Event

Japanese Visitors:Way more than just pricing…• Localize your product, website and entire e-

commerce infrastructure into Japanese. • Don’t use raw translation materials • Proof read by industry expert • Japanese localization requires a double byte enabled

infrastructure.(Unicode 6.1)

@MichaelBatko

Page 23: E-commerce Conversion Optimization Part Two: Your Cart - WhichTestWon’s TLE

The Shopping Cart - Geo Pricing

©2013, WhichTestWon.com a division of Anne Holland Ventures Inc. All rights reserved.

#TLE2013The Live Event

Japanese Visitors:Way more than just pricing…

@MichaelBatko

Source: CIA World Fact Book

Page 24: E-commerce Conversion Optimization Part Two: Your Cart - WhichTestWon’s TLE

The Shopping Cart - Geo Pricing

©2013, WhichTestWon.com a division of Anne Holland Ventures Inc. All rights reserved.

#TLE2013The Live Event

Japanese Visitors:• Japanese love special campaigns

• Everyday Low Price vs. Limited Time Offer• Price = Quality – should price higher for Japan• Campaign opportunity every 2 months:

• Summer in July • Fall in September • Xmas in December • New Year in January • Spring in March • Golden Week in May

@MichaelBatko

Page 25: E-commerce Conversion Optimization Part Two: Your Cart - WhichTestWon’s TLE

The Shopping Cart - Geo Pricing

©2013, WhichTestWon.com a division of Anne Holland Ventures Inc. All rights reserved.

#TLE2013The Live Event

Japanese Visitors:• Increase size of order fields• Drop down for prefecture (north to south)• No separate field for “city” – make part of the

address • Collect name of building • “Input Method Trigger”

@MichaelBatko

Page 26: E-commerce Conversion Optimization Part Two: Your Cart - WhichTestWon’s TLE

The Shopping Cart - Geo Pricing

©2013, WhichTestWon.com a division of Anne Holland Ventures Inc. All rights reserved.

#TLE2013The Live Event@MichaelBatko

Page 27: E-commerce Conversion Optimization Part Two: Your Cart - WhichTestWon’s TLE

The Shopping Cart - Geo Pricing

©2013, WhichTestWon.com a division of Anne Holland Ventures Inc. All rights reserved.

#TLE2013The Live Event

Japanese Visitors:• This is just tip of the iceberg..

• Japan webinar available at: http://cbridge.to/cb_Japan• Covers:

• Importance of Quality• Customer Service Best Practices• Design and Localization Best Practices

@MichaelBatko

Page 28: E-commerce Conversion Optimization Part Two: Your Cart - WhichTestWon’s TLE

The Shopping Cart – Geo Pricing

©2013, WhichTestWon.com a division of Anne Holland Ventures Inc. All rights reserved.

#TLE2013The Live Event

Country Software Piracy Rates

Per Capita GDP (USD)

USA 19% 49,802

Germany 26% 41,167

Japan 21% 46,895

UK 26% 38,591

France 37% 40,689

Italy 48% 32,521

Brazil 53% 12,465

Russia 63% 13,764

China 77% 6,094

India 63% 1,591Sources: -2011 Piracy Rates: Business Software Alliance “2011 Global Piracy Study”-2012 GDP Stats: IMF.org

@MichaelBatko

Page 29: E-commerce Conversion Optimization Part Two: Your Cart - WhichTestWon’s TLE

The Shopping Cart – Geo Pricing

©2013, WhichTestWon.com a division of Anne Holland Ventures Inc. All rights reserved.

#TLE2013The Live Event

USD currency and USA price point displayed to Indian customers.

Screenshot taken in India

@MichaelBatko

Page 30: E-commerce Conversion Optimization Part Two: Your Cart - WhichTestWon’s TLE

The Shopping Cart – Geo Pricing

©2013, WhichTestWon.com a division of Anne Holland Ventures Inc. All rights reserved.

#TLE2013The Live Event@MichaelBatko

Example: • US Cart • Indian Cart

The price point is a better fit for the market, but currency is still shown in USD

Page 31: E-commerce Conversion Optimization Part Two: Your Cart - WhichTestWon’s TLE

US Homepage Indian Homepage

Symantec really has this figured out! The price point makes sense for the market and the display currency is Indian Rupee.

Exchange Rates on Sept, 20, 2012:$49.99 = Rs 2,667.91 | $69.99 = Rs 3,735.29 | $79.99 = Rs 4,275.13

The Shopping Cart – Geo Pricing

©2013, WhichTestWon.com a division of Anne Holland Ventures Inc. All rights reserved.

#TLE2013The Live Event@MichaelBatko

Page 32: E-commerce Conversion Optimization Part Two: Your Cart - WhichTestWon’s TLE

The Shopping Cart

©2013, WhichTestWon.com a division of Anne Holland Ventures Inc. All rights reserved.

#TLE2013The Live Event

What we’ve discussed:• Post ‘Buy Now’ best practices• Case for GeoIP for:• How to present price• How to price

@MichaelBatko

What’s next:• Using GeoIP for checkout form • Payment methods• Additional profiling techniques

Page 33: E-commerce Conversion Optimization Part Two: Your Cart - WhichTestWon’s TLE

The Shopping Cart – USA GeoIP

©2013, WhichTestWon.com a division of Anne Holland Ventures Inc. All rights reserved.

#TLE2013The Live Event

What’s wrong with this cart?

@MichaelBatko

Odd zip placement

GeoIP data can be used to pre-select state

Page 34: E-commerce Conversion Optimization Part Two: Your Cart - WhichTestWon’s TLE

The Shopping Cart – USA GeoIP

©2013, WhichTestWon.com a division of Anne Holland Ventures Inc. All rights reserved.

#TLE2013The Live Event@MichaelBatko

Page 35: E-commerce Conversion Optimization Part Two: Your Cart - WhichTestWon’s TLE

The Shopping Cart – German GeoIP

©2013, WhichTestWon.com a division of Anne Holland Ventures Inc. All rights reserved.

#TLE2013The Live Event

What’s wrong with this cart?

@MichaelBatko

Page 36: E-commerce Conversion Optimization Part Two: Your Cart - WhichTestWon’s TLE

The Shopping Cart – German GeoIP

©2013, WhichTestWon.com a division of Anne Holland Ventures Inc. All rights reserved.

#TLE2013The Live Event

What’s wrong with this cart?

@MichaelBatko

Odd zip placement

State not necessary in this country

Page 37: E-commerce Conversion Optimization Part Two: Your Cart - WhichTestWon’s TLE

The Shopping Cart – German GeoIP

©2013, WhichTestWon.com a division of Anne Holland Ventures Inc. All rights reserved.

#TLE2013The Live Event@MichaelBatko

Page 38: E-commerce Conversion Optimization Part Two: Your Cart - WhichTestWon’s TLE

The Shopping Cart – Geo Payments

©2013, WhichTestWon.com a division of Anne Holland Ventures Inc. All rights reserved.

#TLE2013The Live Event@MichaelBatko

Page 39: E-commerce Conversion Optimization Part Two: Your Cart - WhichTestWon’s TLE

The Shopping Cart – Geo Payments

©2013, WhichTestWon.com a division of Anne Holland Ventures Inc. All rights reserved.

#TLE2013The Live Event@MichaelBatko

Page 40: E-commerce Conversion Optimization Part Two: Your Cart - WhichTestWon’s TLE

The Shopping Cart – Geo Payments

©2013, WhichTestWon.com a division of Anne Holland Ventures Inc. All rights reserved.

#TLE2013The Live Event

What’s wrong with this?

@MichaelBatko

Page 41: E-commerce Conversion Optimization Part Two: Your Cart - WhichTestWon’s TLE

The Shopping Cart – Geo Payments

©2013, WhichTestWon.com a division of Anne Holland Ventures Inc. All rights reserved.

#TLE2013The Live Event

What’s wrong with this?

@MichaelBatko

Page 42: E-commerce Conversion Optimization Part Two: Your Cart - WhichTestWon’s TLE

The Shopping Cart – Geo Payments

©2013, WhichTestWon.com a division of Anne Holland Ventures Inc. All rights reserved.

#TLE2013The Live Event

Sometimes Less is More

@MichaelBatko

Page 43: E-commerce Conversion Optimization Part Two: Your Cart - WhichTestWon’s TLE

The Shopping Cart – Geo Payments

©2013, WhichTestWon.com a division of Anne Holland Ventures Inc. All rights reserved.

#TLE2013The Live Event

USA Visitor

@MichaelBatko

Page 44: E-commerce Conversion Optimization Part Two: Your Cart - WhichTestWon’s TLE

The Shopping Cart – Geo Payments

©2013, WhichTestWon.com a division of Anne Holland Ventures Inc. All rights reserved.

#TLE2013The Live Event

German Visitor

@MichaelBatko

Page 45: E-commerce Conversion Optimization Part Two: Your Cart - WhichTestWon’s TLE

The Shopping Cart – Geo Payments

©2013, WhichTestWon.com a division of Anne Holland Ventures Inc. All rights reserved.

#TLE2013The Live Event

Dutch Visitor

@MichaelBatko

Page 46: E-commerce Conversion Optimization Part Two: Your Cart - WhichTestWon’s TLE

Language Should GeoIP data be used to preselect language for the visitor?

©2013, WhichTestWon.com a division of Anne Holland Ventures Inc. All rights reserved.

#TLE2013The Live Event

No

Why? There are multilingual locales

@MichaelBatko

Page 47: E-commerce Conversion Optimization Part Two: Your Cart - WhichTestWon’s TLE

Language

©2013, WhichTestWon.com a division of Anne Holland Ventures Inc. All rights reserved.

#TLE2013The Live Event@MichaelBatko

Page 48: E-commerce Conversion Optimization Part Two: Your Cart - WhichTestWon’s TLE

Language

Utilize browser data to determine language that provides a personalized experience.

©2013, WhichTestWon.com a division of Anne Holland Ventures Inc. All rights reserved.

#TLE2013The Live Event@MichaelBatko

Page 49: E-commerce Conversion Optimization Part Two: Your Cart - WhichTestWon’s TLE

Time to Buy – Review or No Review

©2013, WhichTestWon.com a division of Anne Holland Ventures Inc. All rights reserved.

#TLE2013The Live Event

Versus

@MichaelBatko

Page 50: E-commerce Conversion Optimization Part Two: Your Cart - WhichTestWon’s TLE

Generally – ‘No Review’ converts better• Fewer clicks

©2013, WhichTestWon.com a division of Anne Holland Ventures Inc. All rights reserved.

#TLE2013The Live Event

Time to Buy – Review or No Review

A few things to consider about a Review Page:• Showing ‘Review’ has become a safe

option in the EU due to regulation• Europeans are conditioned to expect it

@MichaelBatko

Page 51: E-commerce Conversion Optimization Part Two: Your Cart - WhichTestWon’s TLE

What’s next?

©2013, WhichTestWon.com a division of Anne Holland Ventures Inc. All rights reserved.

#TLE2013The Live Event@MichaelBatko

Page 52: E-commerce Conversion Optimization Part Two: Your Cart - WhichTestWon’s TLE

What’s next? – Sub Cart Up-Sell

©2013, WhichTestWon.com a division of Anne Holland Ventures Inc. All rights reserved.

#TLE2013The Live Event@MichaelBatko

Page 53: E-commerce Conversion Optimization Part Two: Your Cart - WhichTestWon’s TLE

What’s next? – Support Stats

©2013, WhichTestWon.com a division of Anne Holland Ventures Inc. All rights reserved.

#TLE2013The Live Event@MichaelBatko

Page 54: E-commerce Conversion Optimization Part Two: Your Cart - WhichTestWon’s TLE

What’s next? – Security Symbols

©2013, WhichTestWon.com a division of Anne Holland Ventures Inc. All rights reserved.

#TLE2013The Live Event@MichaelBatko

Page 55: E-commerce Conversion Optimization Part Two: Your Cart - WhichTestWon’s TLE

What’s next? – Browser Profiling

©2013, WhichTestWon.com a division of Anne Holland Ventures Inc. All rights reserved.

#TLE2013The Live Event

“The E-commerce Newbie”• Little online shopping

experience.• Likely prefers credit card or

similar payment methods• Needs clear fulfillment

instructions• Needs highly secure cart

“The Digital Prodigy”• Extensive online shopping

experience.• May prefer internet wallets,

PayPal, or other “newer” payment methods

• Wants to “Get it now”

“The Business Buyer”• Buys on behalf of the company.• Purchase Orders, Wire Transfer• Has experience buying online

@MichaelBatko

Page 56: E-commerce Conversion Optimization Part Two: Your Cart - WhichTestWon’s TLE

What’s next? – Browser Profiling

©2013, WhichTestWon.com a division of Anne Holland Ventures Inc. All rights reserved.

#TLE2013The Live Event@MichaelBatko

“The Apple Fanboy, Hipster”• Charge them more

• Orbitz figured it out

Page 57: E-commerce Conversion Optimization Part Two: Your Cart - WhichTestWon’s TLE

SummaryNo such thing as a one-size-fits-all cartUtilize GeoIP -> Focus on key locales• Present and price properly • Get rid of unnecessary fields• Place fields in the correct order by

territory • Show review pages in Europe

©2013, WhichTestWon.com a division of Anne Holland Ventures Inc. All rights reserved.

#TLE2013The Live Event@MichaelBatko

Page 58: E-commerce Conversion Optimization Part Two: Your Cart - WhichTestWon’s TLE

Contact Info

Michael BatkoKey Account [email protected]://www.linkedin.com/in/michaelbatkohttp://www.buildingkeystones.com

#TLE2013The Live Event

Thank You

@MichaelBatko