Conversion rate optimization agency
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Increase Shopify GMV with conversion rate optimization

microsoftcombinator

Guaranteed growth results

The majority of conversion rate optimization companies don't promise any guarantees on Shopify GMV uplift and simply charge a fixed monthly fee avoiding any growth obligations.

We estimate potential growth opportunities before we make an offer in order to forecast a specific percentage of uplift of GMV that we guarantee by an agreed time milestone.

For example, it could be 7% total GMV growth in 3 months.

In case of not delivering on time, which happens in 4-7% of cases, we make more A/B tests FREE of charge until we provide the forecasted GMV growth.

Sounds fair? This estimation of guaranteed results is based on our experience of conversion optimization on 27 million monthly users of our clients in Shopify and understanding of GMV average conversion rates.

How do we optimize Shopify GMV?

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Experience optimizing Shopify GMV

We have carried out approximately 388 experiments for 44 Shopify projects and in most cases we worked on GMV optimization. Request the most relevant Shopify case studies for similar industry.

There are three critical characteristics to weigh up when you assess the experience of a conversion rate optimization firm.

Ask them about the expertise in:

  1. process
  2. Shopify
  3. same audience.

All conversion rate optimization agencies assert to have CRO process expertise and preach the same things about their capability in UX research and experiments.

And you should have some hard skills to assess the depth of this expertise on initial calls, which could be challenging.

What do you do if you can't do a competence assessment on data analytics and statistics? In this case you can look at their experience in a similar business model, as any Shopify has similar challenges and analytics frameworks.

Isn't it great when a conversion optimization firm has already carried out the same research on millions of users and obtained insights on how to optimize GMV? On the flip side, each business model has completely unique tech and data tracking stacks that need different teams, approaches and values.

And if you choose an agency not to micro-manage, you don t expect the agency to be doing important things for the first time or find them quickly hiring freelancers to cover gaps in their team, right? Just as important is industry experience, which is mostly about understanding your customer needs.

And that's the primary focus of the analytics if the agency already shows the Shopify experience.

So it's clearly a clear benefit if the contractor has that, but it dramatically decreases the choice of agencies with all three pillars (process, Shopify, and industry expertise).

But if the agency has worked with 322 clients as we have, then they most likely have experience in a similar industry to yours.

And even if it's from a different business model it could be even more beneficial as it can bring fresh GMV growth hacks that your competition may be not use right now.

1. World-class split-testing analytics.
2. 23-34% win rate with at least 1-5% total revenue growth, achieved based on a unique processes of combining data analytics and UX research.
3. Executing a whole CRO process including A/B test development and QA.

What is a good Shopify GMV?

The first step of Shopify conversion optimization process for is to identify the drop-off in the funnel. Even if you've done advanced funnel analytics, cohorts, and quantitative user journey research, how do you decide that your current GMV is underperforming? Obviously the vital element is to obtain trustworthy and most recent statistics on Shopify GMV benchmarks in your industry. Request Shopify GMV benchmarks and a consultation on strategies to optimize.

 

Frequently asked questions

  • How will you increase our Shopify gmv?

    After working with a number of Shopify businesses, we understood that there is no “one-size fits all” list of top-performing processes to optimize GMV. The core value is in the level of execution of quantitative and qualitative research that results in strong conclusions on the top-priority leak. The top performing best practices for GMV optimization are typically already implemented by competitors and no longer bring desired uplift. And the value of a conversion optimization agency is to be on the cutting edge of mechanics, utilizing processes from other industries that are not yet used by competitors.

  • What is the pricing of gmv conversion optimization services?

    The price depends on the volume of users per month, funnels and number of conversions to estimate the amount of experiments, the needed growth and the complexity of executing that.

  • What happens if the promised gmv uplift is not achieved?

    We do more A/B tests for free until we achieve the promised gmv growth. This term is included in the contract and we do this anyway to further the name of one of the most respected conversion rate optimization agencies.

  • What is the process to grow Shopify gmv?

    1. Data tracking health check 2. Detect the most serious GMV leak and get quantitative and accurate data on the reason behind it. 3. Prepare an alternative UX and copywriting 4. Code an experiment and do detailed quality assurance 5. Report the results!

  • How to measure gmv improvement?

    We calculate the impact on GMV based on experiment data sets. If you haven't heard of A/B testing, it's dividing the users between different variations of the same page to collect statistically valid data on the effect on the GMV. We do a conversion tracking health check before starting with experimentation, to be confident that the data is correct and agree on ways to calculate the GMV.

  • What is gmv?

    If have just started a career in Shopify then the first step is to learn not only the main KPIs such as GMV and their definitions, but also their interdependence, ways, processes, tactics, strategies to increase it and the basics of data analytics, so that you can estimate the optimization efforts. Schedule a strategy session with our most experienced conversion optimization consultants to save a few years learning answers on these questions.

What do our customers say about us?

Ryan Newman - Marketing Director, Papaya Global (Israel)
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.
Papaya Global logo
Ryan Newman
Marketing Director, Papaya Global (Israel)
Ihor Hromada
Auto.ria.com (Ukraine)
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.
Auto RIA logo
Ihor Hromada
Auto.ria.com (Ukraine)
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)
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.
Virginia Boys Kitchens logo
Cyrus Roepers
Founder, Virginia Boys Kitchens (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)
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.
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Markus
CEO,
Moonmagic (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)
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 Shopify metrics do you need to optimize?

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                  • Get 3 Free CRO recommendations for your site
                  • Calculate CRO project ROI
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                    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
                      • Get 3 Free CRO recommendations for your site
                      • Calculate CRO project ROI
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                        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.




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                          • Get 3 Free CRO recommendations for your site
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