Friday, August 12, 2011

Mequoda Daily: How We Increased Conversion Rate By More Than 30%


 
August 12, 2011

How We Increased Conversion Rate By More Than 30%

This radical change to our rapid conversion landing page format has increased conversion rate consistently over the past three months

We occasionally run organic marketing tests at the Mequoda Daily and enjoy sharing the results with our community.

The latest test we ran has resulted in a 32% increase in overall net conversion rate on our rapid conversion landing pages, all thanks to a radical change to the template.

We have always taken a hardcore direct response approach to the design of the RCLP. Meaning, there were no distractions on the page. Visitors couldn't navigate to other areas of the site, they couldn't leave a comment - the only thing a visitor could do was provide their email address in order to access the report.

In May, we decided to change the format of the RCLPs and have the RCLP look and function much more like a post. Comments are now enabled, helping facilitate conversations about our free reports and encourage inbound links. Also, logged-in users are now able to read the full contents of each RCLP. In the old format, links to RCLPs for logged-in users would redirect to the Thank You Download page.


The idea for this test came from data released by SEOmoz earlier in the year, discussing how Google's algorithm appears to be rewarding sites with social signals, which include comments from audience members.

Conclusions of the test

After adding the comments section to all our rapid conversion landing pages we've seen a 32% increase in overall net conversion rate across all our RCLPs. This data compares the overall net conversion rate of all RCLPs from February through April (pre change) with the overall net conversion rate on all RCLPs from May through July (post change).

Why comments are valuable on RCLPs

The interaction on RCLPs keeps the page freshly updated, which is something Google rewards with higher page rankings in relevant search results. Higher results often means more searchers seeing your page, depending on its search result position.

Positive comments are great testimonials, which other visitors will see. The more you receive from your audience, the better chance at converting you'll have.

If you have the capabilities of allowing comments on your rapid conversion landing pages, we'd recommend giving it a try. Monitor the conversion rate over a span of several months and see how it performs. Also, make sure your landing page template is set up so comments can be entered by logged-out members too.

In the spirit of this new data, we'd like to invite you to leave comments on our RCLPs after you've read the associated free report. Let us know what you think of the content. If you have any questions after reading the free report, please don't hesitate to ask in the comments section.

Win an iPod Shuffle

Any Mequoda Daily reader who leaves a comment on an RCLP between today August 12th and August 26th, will be entered in a drawing to win a free iPod shuffle. People who leave comments and share the link to the RCLP with friends, colleagues or family members, will be entered multiple times.

 

 

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The Mequoda Daily provides free, valuable tips that publishers need to build better websites. Through the Daily, publishers take advantage of sharing industry best practices with close colleagues and publishing professionals worldwide. These publishers aspire to conquer the challenges of website publishing, such as bringing print content online, creating new online revenue streams and building more profitable websites.

For more information, visit http://daily.mequoda.com.
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Mequoda Daily
 
Mequoda Daily
August 11, 2011
 

Discover the balance to properly run your online business

We take pride in the balance that is found at each Mequoda Summit.

There are a variety of sessions dedicated to audience development strategies, which all Mequoda Systems share.

Other sessions focus on different types of monetization methods as virtually every publisher has his or her own unique spin on revenue generation.

For instance, the sponsorship side may deal with sponsorship revenue, impressions, listings or exclusive real estate deals. The commerce side may consist of an array of products, like magazines, books and live events.

Audience development is a homogeneous set of skills that all Mequoda System publishers need to build traffic and increase conversions.


Discover proven strategies for increasing website traffic, building your audience and generating more conversions when you attend the Mequoda Summit East 2011. Reserve your place at the Mequoda Summit East 2011 now as seats are filling up.


Discover a massively diverse set of strategies deployed to figure out how to operate effectively

I recently chatted with Stuart Hochwert, a new Mequoda Gold Member. Stuart and I discussed the dimension of time being necessary to finding a revenue model that works. As a publishing veteran, Stuart recently launched his third online publishing business using Mequoda practices and has seen his revenue model evolve over a period of five or so years in each case.

In a nutshell, the evolution breaks down as follows... When you're new, your brand is unknown, your audience is small and you typically start off by selling either sponsorships where the size of the audience is not clear, or where transactions - clicks, leads, etc - are limited by the size of the audience. However, in this instance, you're not prevented from playing in the market. From this starting point, each business has evolved into selling branded products.

From there, Stuart works to get his audience big enough to pay for the cost of making books and periodicals while amortizing that cost over a larger audience.

He has gotten to this place by always starting off selling other people's products.

I'm sure I'm not giving Stuart's explanation justice. If you find him in a roundtable or session at the Mequoda Summit East 2011, ask him how he's working on evolving his revenue strategy over time. Stuart describes this time-based strategy better than anyone I know.

 

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About Mequoda Daily
The Mequoda Daily provides free, valuable tips that publishers need to build better websites. Through the Daily, publishers take advantage of sharing industry best practices with close colleagues and publishing professionals worldwide. These publishers aspire to conquer the challenges of website publishing, such as bringing print content online, creating new online revenue streams and building more profitable websites.

For more information, visit http://daily.mequoda.com.
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Mequoda Group, LLC
www.mequoda.com
77 Main Street
Hopkinton, MA 01748
(866) 713-1005

We value your privacy and will not rent your email address to anyone. View our privacy policy.

Copyright © 2011 Mequoda Group LLC and the Mequoda Daily. All rights reserved.

 
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