Conversion Rate Optimization (CRO) Explained

conversion rate optimization

CRO basically refers to using analytics and user feedback to increase user conversion rates. These conversion rates could around any set of KPIs we wish to target such as user signups, sale conversions, email subscriptions etc.

With increasing competition, startups are having to shell out more for acquiring new users. A higher conversion rate implies a better ROI and hence it is becoming increasingly important to also focus on converting the traffic you are getting. This is where CRO comes into the picture.

Some areas which can be looked at by a startup are as follows.

Usability – Is the interface easy to navigate and use? Registration, navigation and checkout should be easy to find and operate.

Interface – The interface should be clean and banners should be well placed and separated from each other. Photographs tend to attract user attention, though too many can lead to confusion.

Call to Action – This is what you are trying to achieve. Your CTA should be well placed and easy to spot.

Trust – Is your startup able to build trust using tools such as social proofing, security information etc.?

These are just a few of the areas which form part of a CRO exercise. The complete list is much longer.

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