Conversion rate optimization agency
microsoft combinator
image

E-commerce average revenue per user optimization

microsoftcombinator

Performance-based pricing

The majority of conversion optimization agencies don't give any guarantees on E-commerce average revenue per user improvement and simply ask for a fixed monthly fee without any uplift responsibility.

We conduct research before we make an offer so that we can forecast a specific percentage of growth of average revenue per user that we guarantee by an agreed deadline.

As an example, it could be 5% total average revenue per user uplift in 3 months.

In case of not delivering on time, which happens in 4-7% of instances, we perform more experiments for FREE until we deliver the promised average revenue per user growth.

Sounds interesting? This estimation of guaranteed growth is based on our experience of experimentation on million monthly users of our clients in E-commerce and understanding of average revenue per user benchmarks.

How do we optimize E-commerce average revenue per user?

image image

Track record in optimizing E-commerce average revenue per user

We have delivered about 488 A/B tests for 44 e-commerce projects and a lot of them needed average revenue per user optimization. Request the most similar e-commerce case studies for the same industry.

There are three important factors to weigh up when you examine the expertise of a conversion rate optimization firm.

Ask them about the experience with:

  1. process
  2. e-commerce
  3. same audience.

The majority of conversion rate optimization agencies claim to have CRO process expertise and preach the same story of their capability in quantitative research and experiments.

And the client should have some experience to judge the level of this expertise at the interview stage, which could be challenging.

What do you do if you can't do a technical interview on data engineering and statistics? The simple solution is to ask for their track record in the same business model, as any e-commerce has similar pain points and best practices.

Isn't it useful when an agency has already conducted the same research on millions of users and obtained insights on how to optimize average revenue per user? On the flip side, different business models typically have completely unique tech and analytics stacks that require different skills, methodologies and values.

And if you hire a contractor for their expertise, you don t want the agency to learn everything on the job or find them hastily hiring freelancers to cover skill shortages, right? Just as important is industry experience, which is mostly about understanding particular customer needs.

And that's the primary focus of the research if the CRO agency already boasts the business model expertise.

So it's clearly a killer advantage if the agency has that, but it dramatically narrows the pool of CRO agencies that have all three components (process, e-commerce, and industry experience).

However, if the agency has optimized 324 clients like we have, then they most likely have case studies in the same industry as you.

And even if it's from a different business model it could be even more useful as it can bring uncommon average revenue per user growth hacks that your competition may be not utilize yet.

1. Excellence in split-testing methodology.
2. Trusted to run A/B tests on 177 million users per month.
3. 23-34% A/B test win rate with at least 1-5% total revenue growth, achieved based on a unique methodology combining quantitative and qualitative research.

What is a average E-commerce average revenue per user?

The first step of e-commerce CRO process is to detect the most critical bottleneck in the funnel. Even if you've done advanced funnel analytics, cohorts, and quantitative user journey research, how do you prove that your current average revenue per user has the highest growth potential? Clearly the vital factor is to obtain valid and most recent statistics on e-commerce average revenue per user benchmarks in your market. Request e-commerce average revenue per user average rates and a consultation on tactics to grow.

 

Frequently asked questions

  • What are the best techniques to improve average revenue per user?

    After growing a number of e-commerce customers, we understood that there is no universal list of top-performing techniques to optimize average revenue per user. The ”secret sauce” is in the combination of data analytics and UX research that results in statistically valid conclusions on the most problematic bottleneck. The most effective best practices for average revenue per user optimization are typically already used by competitors and no longer result in desired results. And the function of a CRO company is invent new tactics, utilizing processes from other markets that are not currently used by the competition.

  • What is the pricing of average revenue per user CRO services?

    This depends on the volume of monthly traffic, funnels and number of conversions to calculate the volume of a/b tests, the required growth and the difficulty of executing that.

  • What happens if the forecasted average revenue per user uplift is not delivered?

    We do more A/B tests free of charge until we achieve the promised average revenue per user results. This obligation is included in the contract and we execute this promise anyway maintain the name of one of the most trusted CRO agencies.

  • What are the steps to increase e-commerce average revenue per user?

    1. Data infrastructure health check. 2. Investigate the most problematic average revenue per user bottleneck and get quantitative and accurate data on the reason behind it. 3. Create an alternativeUI/UX and copywriting. 4. Develop an A/B test and conduct detailed quality assurance. 5. Report the results!

  • How to measure average revenue per user growth?

    We calculate growth based on split-test data. If you're new to it, it's dividing the users between different variants of the same funnel step to gain a big enough sample size of the impact on the average revenue per user. We do a conversion tracking health check before starting with optimization, to be confident that the data is not polluted and agree on the methodology to calculate the average revenue per user.

  • What is average revenue per user?

    If you're in your first job in in e-commerce then you should learn not only the most important KPIs such as average revenue per user and their formulas, but also their interconnections, ways, processes, tactics, strategies to improve it and the basics of data engineering, in order to evaluate the conversion optimization process. Schedule a strategy session with our leading conversion optimization specialists to get a basic understanding of how to track results in average revenue per user optimization.

What do our customers say about us?

Alina Volchek - CMO, Depositphotos.com (USA)
Conversionrate store’s expertise and experience helped us improve the signup phase with more accurate communication and customization of the experience, resulting in 8.3% growth in new user revenue across all countries. We also saw an 18% uplift in conversion rate of new users as a result of rather bold and controversial solution of moving the block with recommended images to a more visible real estate on the main landing pages of organic traffic.
Depositphotos logo
Alina Volchek
CMO,
Depositphotos.com (USA)
Nicholas A. Michalak - Founder, Somnifix (USA)
Very impressed by the speed and efficiency of the team’s work. All the proposed changes and updates are always backed by data, not by assumptions. Since we’ve started working together in August 2019, the UX of our website has vastly improved and our monthly revenue has increased by 200% (tripled).
Somnifix logo
Nicholas A. Michalak
Founder, Somnifix (USA)
Jayden V - Hunter Galloway (Australia)
Conversion Rate Store have been instrumental to our online growth, we have seen a 26% increase in visitor to lead conversions. Their pragmatic approach has completely removed the guesswork from conversion rates, and just delivered results. If you are looking to dramatically improve your conversions online, speak with Conversion Rate Store.
Hunter Galloway logo
Jayden V
Hunter Galloway (Australia)
Ariel Geifman - Head of Marketing, Syte (Israel)
We achieved 4X growth in leads with Conversion Rate Store"s team over a period of two months. They have excellent proficiency in data analysis and the creation of CRO recommendations. Highly recommend working with them.
Syte logo
Ariel Geifman
Head of Marketing, Syte (Israel)
Nicholas A. Michalak - Founder, Somnifix (USA).
Very impressed by the speed and efficiency of the team’s work. All the proposed changes and updates are always backed by data, not by assumptions. Since we’ve started working together in August 2019, the UX of our website has vastly improved and our monthly revenue has increased by 200% (tripled).
Logo Somnifix
Nicholas A. Michalak
Founder, Somnifix (USA)
Trevor George - Founder, Maskclub (USA).
Conversionrate.store is very detail and logic focused. You want insight into your data? They will give it to you and without bias. They let the data speak and they know how to interpret it.
Logo Maskclub
Trevor George
Founder, Maskclub (USA)
Cyrus Roepers - Founder, Virginia Boys Kitchens (USA)
Working with the ConversionRate team is nothing short of extraordinary. In the first month alone, we saw a 28.55% improvement in our overall conversion rate and a 165.06% improvement in revenue. If that’s not the definition of miracle work, I don’t know what is.
Logo Virginia Boys Kitchens
Cyrus Roepers
Founder, Virginia Boys Kitchens (USA)
Yulia Shilova - Head of Marketing, Leboutique.com (Ukraine).
We achieved an 81% uplift in signups on our top-performing landing page and a 6% increase in ARPU with Conversion Rate Store.
Logo Leboutique
Yulia Shilova
Head of Marketing, Leboutique.com (Ukraine)

What other E-commerce KPIs we can we help you to improve?

Close form
Conversion Rate Store
  • Actionable plan on how to increase needed metric and the offer
  • Industry-relevant case studies
  • Benchmarks of similar funnels to compare with competitors




    Get 3 Free CRO recommendations for your funnel
    Schedule a consultationGet 3 Free CRO
    recommendations for your funnel
    Conversion Rate Store
    Get a sample of CRO audit that will be relevant to your website




      Conversion Rate Store
      We will set up a 15 min call and give you the price of CRO retainer on the call




        Conversion Rate Store
        We will set up a 15 min call and give the price of CRO audit on the call




          Conversion Rate Store
          • Get 3 Free CRO recommendations for your site
          • Calculate CRO project ROI
          • Enquire about CRO project cost




            Conversion Rate Store

            Schedule a FREE consultation to get:

            • Actionable plan on how to increase needed metric
            • Industry-relevant case studies
            • Benchmarks of similar funnels to compare with competitors




              Conversion Rate Store
              Our leading CRO strategist will review your website, ask metrics on the call and give you 3 actionable recommendations on how to increase conversion rates for free.




                Conversion Rate Store
                • Get 3 Free CRO recommendations for your site
                • Calculate CRO project ROI
                • Enquire about CRO project cost




                  Conversion Rate Store
                  • Get 3 Free CRO recommendations for your site
                  • Calculate CRO project ROI
                  • Enquire about CRO project cost




                    Conversion Rate Store

                    Schedule a FREE consultation to get:

                    • Actionable plan on how to increase needed metric
                    • Industry-relevant case studies
                    • Benchmarks of similar funnels to compare with competitors




                      Conversion Rate Store

                      Schedule a FREE consultation to get:

                      • Actionable plan on how to increase needed metric
                      • Industry-relevant case studies1
                      • Benchmarks of similar funnels to compare with competitors




                        Conversion Rate Store
                        Send your CV

                          Your name

                          Your Surname

                          Descriptions

                          Your request has been received. We will contact you shortly.

                          Go to career page