Conversion rate optimization agency
microsoft combinator
image

Webinar average order value optimization

microsoftcombinator

Forecast on guaranteed average order value growth

The majority of conversion rate optimization agencies don't give any guarantees on webinar average order value optimization results and just ask for a fixed monthly fee avoiding any growth commitments.

We conduct preliminary quantitative analytics before we start working so that we can forecast a specific percentage of increase of average order value that we can achieve by an agreed time milestone.

For example, it could be 8% total average order value growth in 2 months.

In case of not delivering on time, which happens in 4-7% of projects, we do more experiments for FREE until we provide the forecasted average order value growth.

Sounds interesting? This forecast of guaranteed results is based on our experience of optimization on 21 million monthly users of our clients in webinar and understanding of average order value average conversion rates.

How do we optimize webinar average order value?

image image

Expertise growing webinar average order value

We have done approximately 488 A/B tests for 42 webinar projects and the majority asked for average order value optimization. Request the most relevant webinar case studies for the same industry.

There are three major elements to consider when you evaluate the experience of a conversion rate optimization firm.

Ask them about the experience with:

  1. process
  2. webinar
  3. same audience.

Most conversion rate optimization agencies assert to have conversion optimization process experience and preach the same things about their capability in research and A/B testing.

And your in-house team should have at least enough hands-on experience to comprehend the depth of this expertise at the interview stage, which could be challenging.

What do you do if you can't do a competence assessment on analytics skills and A/B testing? The simple solution is to ask for their experience in a similar business model, as any webinar has similar pain points and optimization methodologies.

Isn't it useful when your contractor has already conducted similar research on millions of users and gathered data on how to improve average order value? On the flip side, different business models typically have completely unique technical and analytics stacks that need distinct teams, approaches and mindsets.

And if you choose a contractor expecting a turnkey solution, you don t expect the agency to be winging it or find them quickly hiring new team members to cover skill shortages, right? Just as important is market experience, which is mostly about understanding your customer requirements.

And that's the key focus of the analytics if the CRO agency already has the business model experience.

So it's definitely a clear differentiator if the contractor has that, but it dramatically narrows the choice of CRO agencies with all three pillars (process, webinar, and industry expertise).

However, if the conversion optimization firm has helped to grow 326 clients like we have, then they likely have case studies in a similar industry to you.

And even if it's from a different business model it could be even more useful as it can uncover uncommon average order value growth hacks that your competitors may be not be aware of.

1. Executing a whole CRO process including experiment development
2. Privileged to run A/B tests on 174 million monthly users.
3. Advanced experimentation methodology.

What is a average webinar average order value?

The initial task of webinar conversion rate optimization process is to identify the 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 average order value is good or bad? Evidently the critical factor is to get valid and most recent numbers on webinar average order value benchmarks in your niche. Request webinar average order value average rates and a consultation on ways to optimize.

 

Frequently asked questions

  • How will you increase our webinar average order value?

    With the experience of optimizing a number of webinar businesses, we understood that there is no “one-size fits all” list of top-performing strategies to optimize average order value. The ”secret sauce” is in the combination of data analytics and UX research that results in statistically valid conclusions on the top-priority bottleneck. The universal best practices for average order value optimization most likely already used by competitors and already don't result in desired growth. And the value of a CRO company is to be on the cutting edge of strategies, using experience from other markets that are not currently well-known by the competition.

  • What is the price of average order value conversion optimization services?

    This depends on the volume of users per month, funnels and the amount of transactions to calculate the number of a/b tests, the required uplift and the complexity of executing that.

  • What happens if the forecasted average order value improvement is not delivered?

    We do more experiments free of charge until we deliver the promised average order value growth. This obligation is in the contract and we do this anyway maintain the authority of one of the most respected CRO agencies.

  • What is the process to optimize webinar average order value?

    1. Analytics setup health check. 2. Investigate the most critical average order value bottleneck and get quantitative and accurate data on the cause of it. 3. Prepare a new version of the UI and copy. 4. Code an experiment and do rigid quality assurance. 5. Report the results!

  • How to track average order value improvement?

    We measure the impact on average order value based on A/B test results. If you haven't heard of A/B testing, it's dividing the users between different variations of the same funnel step to collect statistical significance of the impact on the average order value. We do a data tracking audit before starting with A/B testing, to make sure the data is valid and approve the formula to calculate the average order value.

  • What is average order value?

    If you are new in webinar then the first step is to learn not only the main metrics such as average order value and their definitions, but also their connection to each other, ways, processes, tactics, strategies to increase it and the main principles of data tracking, in order to estimate the results. Book a consultation with our leading CRO 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)
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
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)
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)
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)
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.
Logo Papaya Global
Ryan Newman
Marketing Director, Papaya Global (Israel)
Jess Dang - Founder, Cook Smarts (USA).
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.
Logo Cook Smarts
Jess Dang
Founder, Cook Smarts (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)

What other webinar KPIs do you need to optimize?

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
    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 ask about your goals, main metrics and give an estimate of price for performance-based CRO over a 15 minute call.




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




                        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