In the previous post, we discussed about the website
conversion funnel. We saw how a conversion funnel is made up of a series of
goals or actions. What do we do with users who are dropping out without
completing certain goals? Do we lose them permanently and just forget them.
No, we should never lose and forget the visitors who drop
off from website conversion funnels without completing the goals. Since the repeat
visitors who have already visited the website are more valuable to the business
then the new visitors to the website. More the number of repeat visits, the more
valuable the visitor becomes to the business. As we can clearly see below :
Getting new visitors to the website………….. |
Getting back repeat visitors to the website…………………… |
Needs higher marketing spends
More expensive
|
Needs smaller spends
Less expensive
|
More complex
Need to perform complex analysis to execute online campaigns across
various online marketing channels.
Need to design and develop many types of ads, keywords, etc.
|
Less complex
Can be performed easily through direct contact channels like Email,
SMS, Voice call or Social Media messaging.
Simple messages and not ads are needed.
|
Requires more staff to
Manage various online marketing channels and execute various formats
of online campaigns
|
Requires less staff to
Directly communicate friendly customer support messages through
customer preferred means like email, SMS, social media or voice call.
|
More expensive staff
Complex online marketing skills are needed
|
Less expensive staff
Simpler customer service/help desk skills are needed
|
Also after getting the Visitors to the website
New visitors to the website |
Repeat visitors to the website |
Have lower conversion rate (%) and hence lower revenue per visit
|
Have higher conversion rate (%) and higher revenue per visit
|
Most likely to drop off earlier in the conversion funnel before
completing further goals in the
conversion funnels
|
Least likely to drop off earlier in the conversion funnels and are most
likely to move deeper the conversion funnel completing further goals in the
funnel.
|
Less likely to complete micro conversions on the website (like viewing
Contact Us page or opening a live chat session with customer service agents)
|
More likely to complete micro conversions on the website
|
Also
New visitors are |
Repeat visitors are |
Not profiled to specific customer segments.
Difficult to provide marketing treatments (like coupons or deals) due
to incomplete visitor profiles.
|
Already profiled to specific customer segments.
Easier to provide the right marketing treatments at the right time
due to existence of more complete visitor profile.
|
Complex to communicate. Preferred communication methods (like Email,
Voice call, SMS or social media) are
unknown.
|
Preferred communication methods are known and are easier to
communicate.
|
From the above comparison of the advantages of repeat
visitors over new visitors, it is clear that we need to regularly communicate
with those visitors who have already visited the website.
While communicating with past website visitors and bringing
them again to the website is one thing, providing delightful user experiences
to the repeat visitors in another thing. This is where conversion funnel analysis
discussed in earlier post becomes very useful.
For each visitor who exited from the website, identify
- The goals completed in the website conversion funnel.
- The goals not completed in the website conversion funnel.
- The exact next goal which should have been reached, before the exit.
- Preferred methods and timing of communication from the visitor profiles.
Send out communication to these visitors and bring them back
to the site.
Now here comes the customer delight part in the user
experience, bring the repeat visitors back to the exact stage in the website
conversion funnel, from where they had dropped off in the earlier visits.
First Visit
- Viewed the product
- Customized the product
- Even added the customized product to the shopping cart
In the repeat visits, when the users who had dropped off the funnel in earlier visit are brought back to the
website by ReMarketing programs, we need to ensure that the status of already completed goals from the previous visit is intact,
and the user has to complete only the remaining goals in the repeat visit.
Second Visit
As seen in the illustration above the user need to only
checkout and complete the purchase in the second visit. So in the second visit,
the user has a short conversion funnel with just 2 (pending) goals to be
completed. Since the user has to just complete 2 goals in the second visit,
which is checkout and purchase completion the Conversion rates (%) would be
very much higher in these second visits.
This is how we can combine Website Conversion Funnel Analysis and ReMarketing to offer delightful digital user experiences with high
impact to
- Conversion rate(%) which would increase significantly
- Revenue per visit which would go up
- Costs which would go down, especially expensive marketing spends
- ROI which will increase significantly
Signature: Roopkumar T.V.
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