Conversion rate optimization agency
microsoft combinator
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Media CTR optimization

microsoftcombinator

Forecast on guaranteed CTR growth

The majority of CRO agencies don't promise any guarantees on media CTR uplift and just charge a fixed monthly cost avoiding any uplift KPIs.

We conduct preliminary quantitative analytics before we accept a new client in order to forecast a specific percentage of uplift of CTR that we can achieve by an agreed deadline.

As an example, it could be 7% total CTR growth in four months.

In case of not delivering by the deadline, which happens in 4-7% of instances, we conduct more A/B tests FREE of charge until we achieve the forecasted CTR growth.

Sounds good? This promise of guaranteed growth is based on our experience of conversion optimization on 26 million monthly users of our clients in media and understanding of CTR average conversion rates.

How do we optimize media CTR?

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Experience increasing media CTR

We have done approximately 488 experiments for 47 media projects and the majority asked for CTR optimization. Request the most relevant media case studies for similar industry.

There are three primary characteristics to consider when you evaluate the track record of a CRO agency.

Ask them about the expertise in:

  1. process
  2. media
  3. same audience.

Most CRO agencies claim to have conversion rate optimization process experience and pitch the same story of their mastery in UX research and experiments.

And the client should have at least enough hands-on experience to comprehend the depth of this expertise during the pre-sale stage, which could be hard to do.

How do you choose if you can't do a competence assessment on data engineering and statistics? The simple solution is to look at their track record in a similar business model, as any media has similar pain points and best practices.

Isn't it handy when an agency has already carried out the same research on millions of users and gathered insights on how to optimize CTR? On the flip side, each business model has completely unique technical and analytics stacks that require distinct teams, processes and mindsets.

And if you choose a contractor expecting a turnkey solution, you don t expect the agency to learn everything on the job or find them hastily hiring new team members to fill in gaps in their team, right? Not least of all is industry experience, which is all about understanding unique user needs.

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

So it's obviously a killer differentiator if the contractor has that, but it dramatically narrows the pool of CRO agencies with all three components (process, media, and industry experience).

However, if the agency has helped to grow 326 clients like we have, then they most likely have experience in you.

And even if it's from a different business model it could be even more helpful as it can bring uncommon CTR growth hacks that your competition may be not have yet.

1. Trusted to develop A/B tests on 178 m. monthly users.
2. Executing a whole CRO process including experiment development
3. 23-34% experiment success rate with at least 1-5% total revenue growth, achieved based on a unique methodology combining quantitative and qualitative research.

What is a average media CTR?

The first task of media conversion rate optimization process is to find the most critical bottleneck in the funnel. Even if you've done advanced funnel analytics, cohorts, and quantitative user journey research, how do you know that your current CTR has the highest growth potential? Evidently the critical factor is to get correct and most recent data on media CTR benchmarks in your market. Ask for media CTR benchmarks and a consultation on tactics to optimize.

 

Frequently asked questions

  • What are the best techniques to improve CTR?

    After growing a number of media businesses, we understood that there is no “one-size fits all” list of top-performing tactics to improve CTR. The key is in the level of execution of quantitative and qualitative research that results in statistically valid data on the top-priority drop off. The most effective best practices for CTR optimization most likely already used by your competition and no longer drive significant additional results. And the function of a conversion rate optimization agency is to be on the cutting edge of mechanics, using experience from other industries that are not currently well-known by the competition.

  • What is the pricing of CTR conversion optimization services?

    Pricing depends on the quantity of users per month, funnels and conversion rates to estimate the volume of a/b tests, the required results and the complexity of executing that.

  • What happens if the forecasted CTR uplift is not delivered?

    We do more split-tests free of charge until we bring the promised CTR results. This obligation is in the contract and we execute this promise anyway to further the authority of one of the most trusted conversion rate optimization agencies.

  • What is the process to grow media CTR?

    1. Data tracking setup health check. 2. Detect the most problematic CTR bottleneck and get quantitative and accurate data on the cause of it. 3. Prepare an alternativedesign and copy. 4. Develop an experiment and do detailed quality assurance. 5. Report the results!

  • How to track CTR improvement?

    We estimate growth based on A/B test data. If you're new to it, it's splitting the traffic between different variations of the same page to collect a big enough sample size of the effect on the CTR. We do a conversion tracking audit before starting with A/B testing, to make sure the data is valid and approve the methodology to calculate the CTR.

  • What is CTR?

    If you are new in media then the first step is to learn not only the most important KPIs such as CTR and their definitions, but also their interdependence, ways, processes, tactics, strategies to grow it and the basics of data engineering, so that you can evaluate the conversion optimization process. Schedule a strategy session with our best optimization specialists to get detailed answers to your specific questions.

What do our customers say about us?

Alexander Boyev - Head of Marketplaces, EVO Group (Ukraine)
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.
Prom ua logo
Alexander Boyev
Head of Marketplaces, EVO Group (Ukraine)
Vladlena Chuvashova - Head of E-Sales & Digital at Ukraine International Airlines
The Conversion Rate Store team identified significant user friction in the ticket booking process on Flyuia.com and provided a UX solution that generated a 24% (!) ARPU uplift.
Uia logo
Vladlena Chuvashova
Head of E-Sales & Digital at Ukraine International Airlines
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.
Maskclub logo
Trevor George
Founder, Maskclub (USA)
Markus - CEO, Moonmagic (USA)
Conversion Rate Store helped us to increase our ARPU by 24% (!) over the past 5 months. I highly recommend working with them, they are very data-driven and all of their recommendations have proven to be extremely helpful in scaling our business.
Moonmagic logo
Markus
CEO,
Moonmagic (USA)
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.
Logo Depositphotos
Alina Volchek
CMO,
Depositphotos.com (USA)
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.
Logo Syte
Ariel Geifman
Head of Marketing, Syte (Israel)
Vladlena Chuvashova - Head of E-Sales & Digital at Ukraine International Airlines.
The Conversion Rate Store team identified significant user friction in the ticket booking process on Flyuia.com and provided a UX solution that generated a 24% (!) ARPU uplift.
Logo UIA
Vladlena Chuvashova
Head of E-Sales & Digital at Ukraine International Airlines
Andrey Zdor - CEO, Bigl (Ukraine).
The team from the Conversion Rate Store produced the most profitable UX solution of all that have ever been tested on Bigl.ua
Logo Bigl
Andrey Zdor
CEO, Bigl (Ukraine)

What other media KPIs do you need to improve?

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