Conversion rate optimization agency
microsoft combinator
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Webinar offer conversion optimization

microsoftcombinator

Forecast on guaranteed offer conversion growth

The majority of conversion rate optimization agencies don't give any guarantees on webinar offer conversion growth results and just charge a fixed monthly cost without any growth commitments.

We conduct research before we accept a project in order to forecast a specific percentage of increase of offer conversion that we guarantee by an agreed deadline.

As an example, it could be 5% total offer conversion uplift in 3 months.

In case of not delivering by the deadline, which happens in 4-7% of cases, we do more experiments FREE of charge until we provide the forecasted offer conversion growth.

Sounds good? This estimation of guaranteed results is based on our experience of conducting A/B tests on 36 million monthly users of our clients in webinar and understanding of offer conversion benchmarks.

How do we optimize webinar offer conversion?

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Expertise growing webinar offer conversion

We have done about 471 A/B tests for 47 webinar projects and a lot of them needed offer conversion optimization. Ask for the most similar webinar case studies for the same market.

There are three main characteristics to weigh up when you examine the track record of a conversion rate optimization firm.

Ask them about the expertise in:

  1. process
  2. webinar
  3. industry.

All CRO agencies assert to have conversion rate optimization process competence and propagate the same story of their mastery in research and experimentation.

And the client should have at least enough hands-on experience to assess the level of this experience on initial calls, which could be difficult.

What do you do if you can't do a technical assessment on data engineering and A/B testing? The simple solution is to look at their experience in the same business model, as any webinar has similar challenges and best practices.

Isn't it useful when an agency has already conducted similar research on millions of users and gathered data on how to optimize offer conversion? On the flip side, each business model has completely unique tech and data tracking stacks that require different teams, approaches and values.

And if you choose an agency expecting a turnkey solution, you don t expect the agency to be inexperienced or find them hastily hiring new team members to fill in gaps in their team, right? Just as important is market experience, which is mostly about understanding your customer demands.

And that's the main area of the research if the agency already boasts the business model experience.

So it's obviously a killer competitive advantage if the agency has that, but it dramatically decreases the shortlist of agencies with all three pillars (process, webinar, and industry experience).

But if the conversion optimization firm has optimized 322 clients as we have, then they most likely have experience in a similar market to yours.

And even if it's from a different business model it could be even more useful as it can bring uncommon offer conversion growth hacks that your competitors may be not utilize yet.

1. 24-31% A/B test win rate with at least 1-5% total revenue growth, achieved based on a unique methodology combining quantitative and qualitative research.
2. Excellence in split-testing statistical analysis.
3. Executing a whole CRO process including A/B test development

What is a average webinar offer conversion?

The initial task of webinar conversion rate optimization process is to choose the biggest 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 offer conversion needs to be optimized? Clearly the key element is to get correct and up-to-date numbers on webinar offer conversion benchmarks in your market. Request webinar offer conversion benchmarks and a consultation on ways to optimize.

 

Frequently asked questions

  • How to create an effective offer conversion optimization strategy?

    With the experience of optimizing a number of webinar customers, we understood that there is no “one-size fits all” list of top-performing strategies to improve offer conversion. The ”secret sauce” is in the combination of quantitative analytics and UX research that results in strong insights on the most problematic leak. The top performing best practices for offer conversion optimization are typically already used by competitors and already don't bring desired growth. And the function of a CRO company is invent new tactics, using processes from other industries that are not currently implemented by the competition.

  • What is the price of offer conversion CRO services?

    This depends on the quantity of users per month, funnels and conversion rates to calculate the amount of a/b tests, the needed uplift and the difficulty of delivering that.

  • What happens if the promised offer conversion uplift is not delivered?

    We do more experiments free of charge until we obtain the promised offer conversion growth. This term 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 optimize webinar offer conversion?

    1. Data infrastructure health check. 2. Detect the most serious offer conversion step in the funnel and get quantitative and accurate data on the reason behind it. 3. Create an alternativedesign and copywriting. 4. Code an experiment and conduct rigid QA. 5. Report the results!

  • How to calculate offer conversion improvement?

    We measure optimization results based on A/B test results. If you haven't heard of A/B testing, it's splitting the users between two or more versions of the same page to gain statistical significance of the effect on the offer conversion. We do a data tracking audit before starting with conversion optimization, to be confident that the data is correct and discuss the formula to calculate the offer conversion.

  • What is offer conversion?

    If you are new in webinar then the first step is to learn not only the key metrics such as offer conversion and their definitions, but also their connection to each other, ways, processes, tactics, strategies to improve it and the foundations of product analytics, so that you're able to estimate the optimization efforts. Schedule a call with our leading conversion optimization experts to get a basic understanding of how to track results in offer conversion 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)
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.
Cook Smarts logo
Jess Dang
Founder, Cook Smarts (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)
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.
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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.
Logo Syte
Ariel Geifman
Head of Marketing, Syte (Israel)
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 webinar conversion rates we can we help you to improve?

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