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Conversion Rate Optimization, E-Commerce

E-Commerce Value Proposition – How to Stand Out ft. @CopyHackers, @aschottmuller, @TaliaGw, & @shanelle_mullin

Image created by Yasmine Sedky (@yazsedky).

E-commerce value proposition is more or less the same as any value proposition. I guarantee that you’ve seen and read far more value propositions than you’re aware of – because they’re everywhere. They’re on home pages and landing pages. They’re on Facebook ads and sales pages. They’re on freeway billboards and curbside restaurant menus.

“Eat at Joe’s – Home of the Foot-long Corndog”

And they pop up in the most unexpected places.

When the voluptuous Italian movie star Sophia Loren said the Hotel Ritz Paris was “the most romantic hotel in the world,” that was a value proposition.

But, for how prolific value propositions are, confusion surrounds them. You’ll find a number of variations on this 4-point list of what a value proposition does.

A value proposition:

  1. Defines who your customer is
  2. States what your product does
  3. Establishes why you’re unique
  4. Shows the end benefit

Sophia Loren’s “The most romantic hotel in the world” statement does all of these things. The Hotel Ritz Paris is for lovers; they will find romance there; more romance than anywhere else in the world. Place that sentence next to a photo featuring Sophia’s generous endowments – and you have your benefits. *Photos are used in value propositions a lot, either as supporting players or integral parts.

Value propositions look deceptively simple, don’t they? But they are one of the most important statements you’ll ever make for your e-commerce products. They require thought, consideration, substantial research, and ongoing testing. Furthermore, they’re worth the effort.

When they work, value propositions make the difference between getting the sale – and boosting your bounce rate.

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Let’s Get SaaSsy – I’m offering a limited number of SaaS consulting engagements.

Conversion Rate Optimization, E-Commerce

30 Psychological CRO Tests to Run on Your E-Commerce Site ft. @ObjeqtEcomm

Image created by Yasmine Sedky (@yazsedky).

Conversion rate optimization is all about psychology. But where psychologists are trying to figure out why people do what they do, the Conversion Rate Optimizer’s challenge is to know what stimuli will get people to take the action you want them to take. In this post we list 30 psychological CRO tests to run on your e-commerce site.

It’s not about being manipulative. That’s the dark side.

Noooo! I won’t! Even though that cookie is a really good incentive that preys upon my desire for immediate gratification (we’ll get to that later).

On the side of good: This is about showing people what they want and giving them every reason and every chance to get it. You might say it’s about helping people to achieve their goals – as much as it is about achieving yours.

The CRO also has tools and tests to know, beyond a Rorschach ink blot of a doubt, whether the psychological trigger s/he’s employed works… or doesn’t.

This is where we bring psychology and testing together, so you can try these already-proven, scientifically based psychological action triggers and see how they work on your very own e-commerce website.

For each trigger, we’ll include ideas for how to use it on your website – in your product pages, landing pages, or CTA buttons. From there, it’s up to you to A/B test these suggestions against what you currently have.

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Let’s Get SaaSsy – I’m offering a limited number of SaaS consulting engagements.

Conversion Rate Optimization, E-Commerce

Colors & Conversions in E-Commerce Design ft. @ObjeqtEcomm

Image created by Yasmine Sedky (@yazsedky).

The psychology of color is a subject of strong disagreement in marketing. We know we need it, and we’d like there to be a list of rules to follow that remain the same in all instances – but there isn’t. Color preference, associations, and color cause and effect, vary widely between individuals and cultures.

So, what we’re left with is what we’ve always been left with

We have to design based on close research of our target audience – and that goes for colors too.

That’s not to say that there aren’t valuable guidelines for color selection that are grounded in science – there are (and they’re outlined below).

Here is what we know, what we think, and what has been proven to work when it comes to color and conversion in e-commerce design.

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Let’s Get SaaSsy – I’m offering a limited number of SaaS consulting engagements.

E-Commerce

Defining Your Ideal Customer in e-Commerce ft. @ObjeqtEcomm, @Shanelle_Mullin, @bellastone

Image created by Yasmine Sedky (@yazsedky).

There is a lot of information on defining your ideal customer, but most of it isn’t written for you. It’s written for software-as-a-service companies, or startups, or both. And while e-commerce can benefit from many of the same best-practices, some of the information written in those articles just doesn’t apply.

This article is written just for you, and it’s all about how to define, find, and attract your ideal e-commerce customer.

First, my definition of an ideal customer:

An ideal customer is someone who has a problem you are uniquely equipped to solve, who is willing, able and happy to pay for that solution, and who is delighted to have found you.

And they shouldn’t drive you nuts (nobody says this, but it’s important – ideal customers are not the ones who take up all of your customer service agents’ time, return more products than they buy, and complain about you on social media). Nobody needs that.

This is why I included the “delighted” clause; people who are delighted to find you genuinely appreciate what you have to offer. They’ll be more inclined to become loyal customers, make repeat purchases, and recommend you to their friends, which are vital elements to any growth strategy.

How do you find these ideal clients?

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Let’s Get SaaSsy – I’m offering a limited number of SaaS consulting engagements.

Conversion Rate Optimization, E-Commerce

E-commerce Differentiation: Stand out, sell more ft. @ObjeqtEcomm

Image created by Yasmine Sedky (@yazsedky).

Differentiation is, literally, what separates you from your competition. It’s why your customers will only buy from you, no matter what the other guys are offering. When you hit just the right differentiator for your target audience, you’ll convince them that they can only get their desired outcome from you.

What is differentiation?

Differentiation is what makes your product unique and valuable for your target audience. It’s what sets you apart. Grabs attention. Says to the world “I’m the only place you’ll find THIS!”

It can take many forms. Price can be a differentiator (“best value!”, “Cheapest rates!”). Quality can be a differentiator. Brand names and social cachet (aka. “perceived value”) can be differentiators. The fact that your product is on Oprah’s “Favorite Things” list is a differentiator. Features can be differentiators, but features can also be easily copied by competitors (which means if people love a feature, it won’t be a differentiator for long). Longevity, even, can be a differentiator (“Dine at London’s oldest restaurant”). It can be your company ethics, your founder, your driving philosophy, even your personality.

Most importantly, the differentiator you choose to highlight in your value proposition and marketing should be something no one can take away from you.

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Let’s Get SaaSsy – I’m offering a limited number of SaaS consulting engagements.

Conversion Rate Optimization, E-Commerce

6 Ways to Alter Perceived Value to Improve Your CRO ft. @ObjeqtEcomm

Image created by Yasmine Sedky (@yazsedky).

What is it about that blue box – the iconic Tiffany’s box.

What’s inside isn’t, typically, very exciting in purely objective terms. A relatively plain diamond engagement ring (okay, the engagement itself is exciting), a charm bracelet, heart necklace or pair of generic earrings the like of which you could easily find at Zales? Half the magic of Tiffany’s is knowing it came from Tiffany’s – the iconic mecca for diamond and Audrey Hepburn fans. There’s romance in that box that is only tangentially related to the jewelry.

There’s also social cachet.

I don’t mean to sound jaded. I wouldn’t turn a down a blue box or its contents. But I do want to point out that its value isn’t intrinsic: it’s perceptual.

Perception is a very individual thing, influenced by life experience, personality, past interactions with your brand and your competitors (and with certain classic movies). Perception is the voice that whispers “Yes, you should buy the Poinsettia Flower Pot Cake for $165 because Oprah said so,” or “Hey, maybe I’ll give AirBnB a chance – Kim looks really comfy.”

Just checked into our NYC penthouse. Thanks @airbnb for the gift of our home away from home.

A post shared by Kim Kardashian West (@kimkardashian) on

Perception is so subtle, many of us don’t pay it much attention. But marketers do. CROs do. And you should, too.

Even the words you use in your value proposition, marketing, and product pages will mean slightly different things to different people. The words quality, premium, economy, value, guarantee might mean “an intelligent purchase decision” to some buyers, or just mean “cheap” to others.

It’s because perception is so varied, and I would argue malleable, that it can be influenced to generate higher conversions – without increasing your own costs.

And you don’t need Oprah or Kim to do it.

Hey now – this isn’t entirely self-serving. Customers want to feel good about their purchases, that they’ve made the best possible decision on a product that meets their practical and emotional needs. And, when they do feel that way, they tend to be more loyal. Everybody wins.

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Let’s Get SaaSsy – I’m offering a limited number of SaaS consulting engagements.