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?
Ask them about the experience with:
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.
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 вЂќsecret sauceвЂќ 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.
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.
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).
Conversion Rate Store increased my free trial to paid customers conversion rate by 86% (!!!). Very happy with the result of the CRO project and highly recommend working with them.
The team from the Conversion Rate Store produced the most profitable UX solution of all that have ever been tested on Bigl.ua
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.
The Conversionrate.store completely turned around our website conversion delivering an 88% increase in the total number of conversions. Their work is logical and smart, both identifying and improving existing funnels and creating new funnels for conversions delivered by excellent UX/UI. We are incredibly happy with their work and highly recommend working with them.
We saw a 13.5% uplift in conversion rate of Auto.ria.com as a result of working with Conversion Rate Store. The first of their hypotheses was already a success. We were pleasantly surprised by the professional approach and a high level of expertise of their team.
Conversionrate.store boosted Prom.ua’s desktop revenue by 6%. The project was on performance-based basis and turned a positive ROI within a month.
Schedule a FREE consultation to get:
Schedule a FREE consultation to get: