Boost Your E-Commerce Conversion Rate(Proven Tips & Tricks)

Boost Your E-Commerce Conversion Rate(Proven Tips & Tricks)

Date & Time
March 20, 2023
Reading time
4 mins
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Lopamudra Barik

When a customer enters your physical store rather than your online store, your odds of convincing them to buy from your brand are substantially higher.

When people peruse your collections, you are better able to comprehend their wants, converse with them, and make product recommendations.

In this interaction, the salesperson in your store is crucial, and they make sure they have done everything in their power to "sell" before this consumer leaves.

How to improve the conversion rate of your e-commerce website (and sales)

There is no set strategy that all e-commerce companies must adhere to. To assist you convert visitors into subscribers and customers, there are a few recommended practices that keep the customer in mind and take advantage of their psychological buying process.

1. Increase the speed of your store

Imagine entering a physical store and being unable to view the collection without first walking a 2 km-long corridor. Most likely, you will simply leave and go to another store where you can immediately "shop" there.This also applies to your website.

The behaviour of visitors to your store is significantly influenced by your page speed. According to studies, every additional second that a website takes to load results in a4.42% decrease in its conversion rate (between 0-5 seconds).

Increase the speed your store

You should therefore verify your shop speed as your initial action. Typof Analytics provides information on your online store's speed, or you may use Google's Page Speed Insights tool to analyse how your website performs.

2. Use persuasion in your website's design and content

The capacity to persuade you is a salesperson's greatest strength in a store. They can encourage you to look at other product lines, try out complementary items, or notice "how good it looks on you" by doing any of these things. 

Your store can benefit from the same amount of persuasion in two ways: design and content.

Evocative design

Your website needs to be built such that users can continue their transaction while still on the page.It must be an exact reproduction of how someone would shop if they decided to visit your physical store.

Convincing writing or content

You must ensure that-viewers understand your design's intended message because visuals can be interpreted in a variety of ways. Your copy and substance are important here. 

The interests of your website's visitors must be considered when writing copy. This entails minimising your sales presentation and concentrating on telling a story that demonstrates how the products meet their demands.

Look at the wording from the product page up top; it makes the product sound simple to use on a daily basis rather than making the regimen appear overly complex. The ease of use of the product is exactly what sells it!

3. Simplify store navigation and product search

The next step in optimising your website is to make the purchasing experience simpler once the store design and copy are in place.

You need to make it simple for customers to browse all of the items you sell on the website in addition to finding the things they are looking for. In essence, this comes down to handling two issues: navigation and store search. More than 30% of visitors, when a site search features accessible, use it, according to statistics.

But, when it comes to consumer purchase behaviour and trips, a simple store search feature is insufficient. Not every customer will use filters and search to locate the things they are looking for. Occasionally customers will come into your store with no particular purpose other than to look around and see what you have to offer.

4. Provide product suggestions

Consider the last time you went in search of a pair of sports shoes in a real store. You let the salesperson to lead you through the assortment of shoes, assisting you in exploring the various characteristics and advantages that each pair of shoes has to offer.Giving product recommendations is what is meant by this, and you can do the same on your internet business.

You may keep customers interested by showing them more of what they like or what customer Giving product recommendations is what is meant by this, and you can do the same on your internet business.s who are similar to them are purchasing by adding product suggestions across your store.

Encourage customers to look at other products: To ensure that customers can explore alternatives if the item being viewed does not satisfy their expectations, you might display comparable or related products.

Products that can be up sold: If someone is looking at a certain product and abetter variant is available, you can recommend it.

Product cross-selling: If a visitor is looking for anything in particular, you may utilise suggestions to show them things that are related to or compatible with their search.

Promote recent additions: You can also utilise product recommendations to draw attention to recent additions, which may not otherwise be known to exist.

Promote hot-selling or trending products: By using product suggestions, you can also display how "many" people are purchasing from you or what is popular on your website; this is a wonderful approach to persuade customers to make purchases based on a clear need.

5. Provide assistance with your shopping

Consumers prefer to communicate with brands before buying from them, according to surveys. Customers are more hesitant to buy things online since they can not physically touch them, thus your online store needs to provide shopping support.

Make it easier for customers to contact your company, submit their questions, and receive responses that assist them in making an informed purchasing decision.

6. Increase purchase triggers

The other part of salesperson's job is to make sure you are always compelled to buy something before you leave the store. They therefore employ all strategies to encourage you to make a purchase, such as warning you that the item is selling out quickly, that the deal is only valid for a short time, or that the item you have in your hand is the last one in the size you need.

Display current sales alerts

Also, studies have revealed that 48% of customers make unnecessary purchases to stay up with their buddies. Now, a salesperson in-store would inform you orally about a product's popularity or you might also view it.

Live sales notifications, which are little alerts that continuously show a message to a visitor when the product they are watching is being purchased, can help you create the same ambience on an-online site.

7. Streamline your checkout procedure

More than 57% of customer swill not buy anything unless it has a track record of meeting demand, being of high quality, or providing an excellent customer experience. 93% of consumers examine internet reviews before making a purchase, according to another study.

Customers trying thing sand deciding to buy them are visible in an offline store. In fact, a salesperson is present to inform you of the experience the product will provide and the opinions of its users.

You must show social proofing your online store in order to employ the same conversion strategy. A visitors more likely to leave your website and use a search engine to look for product reviews if you allow them to do so.

By including social evidence like the following on your store, you may satisfy their desire for confirmation and validation:

Product ratings : An average rating out of five given to a product based on consumer opinion.

Customer Reviews : A written account of the customer's encounter with a product they purchased from you.

User-generated material is a type of social proof that lets you show a product being used by actual customers. Customers can be highlighted on your store or your social media feed can be embedded.

8. Provide numerous choices for payment and delivery

Shopping in-store is fantastic since you may choose the things you want and proceed to billing right away to finish the transaction.You must make sure that your online store provides a comparable experience.According to studies, 1 in 5 online buyers would forego making a purchase if the checkout process was excessively drawn-out or difficult. 

This entails taking into account the total amount of time it takes a visitor to make a transaction after adding a product to the basket, the quantity of fields they must fill out, the sum of the steps they must follow, or even whether or not they can checkout as a guest.

payment and delivery

 

9. Common inquiries

Because they can satisfy customers right away, physical establishments experience a higher conversion rate from walk-ins. A customer can enter and leave with their item right then and there, paying for it with their preferred means of payment, such as cash, a card, or even well-known wallets like Google Pay.

Conclusion

By employing certain conversion strategies, the aforementioned techniques are intended to imitate the purchasing experience that customers have at a physical store.

Each of the aforementioned strategies is intended to assist an online shopper in making an informed purchase that results in a better overall customer experience with your company rather than just an easy transaction.

FAQ

What is a conversion rate in e-commerce?

The conversion rate in e-commerce refers to the percentage of website visitors who complete a desired action, such as making a purchase, signing up for a newsletter, or filling out a form.

Why is it important to improve the conversion rate of an e-commerce website?

Improving the conversion rate of an e-commerce website can lead to increased sales, revenue, and customer loyalty. It also helps to optimize marketing campaigns and improve the overall user experience.

What are some proven tips and tricks for improving the conversion rate of an e-commerce website?

Some tips and tricks include optimizing product pages, simplifying the checkout process, offering free shipping, implementing customer reviews, using high-quality product images, and providing excellent customer service.

How long does it take to see results from improving the conversion rate of an e-commerce website?

The timeframe for seeing results can vary depending on the specific changes made and the amount of traffic the website receives. Generally, it's recommended to give changes at least a few weeks to take effect before analyzing the impact on conversion rates.

Can improving the conversion rate of an e-commerce website be done on a budget?

Yes, many improvements can be made without spending a lot of money. For example, optimizing product descriptions and images can be done in-house, and offering a limited-time discount can be an effective way to increase conversions without breaking the bank.

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