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Marketing School - Digital Marketing and Online Marketing Tips

How to Increase Your E-commerce Conversion Rate | Ep. #189

Marketing School - Digital Marketing and Online Marketing Tips

Eric Siu and Neil Patel

Careers, Business, Marketing

4.61.3K Ratings

🗓️ 5 February 2017

⏱️ 8 minutes

🧾️ Download transcript

Summary

In Episode #189, Eric and Neil discuss how to increase your e-commerce conversion rate. Tune it to learn valuable tips and strategies to make the online buying experience as positive and streamlined as possible. From ensuring that there are product reviews to offering free shipping, Eric and Neil disclose the tricks of the trade that are easy to implement and will increase your sales. Time Stamped Show Notes: 00:27 – Today’s topic: How to Increase Your E-commerce Conversion Rate 00:41 – First, add live chat to your web pages 01:03 – Use a 2-step check-out 01:12 – Name and email on the first page, then credit card details on the second 01:25 – Have a countdown timer on the checkout page 01:34 – Learn more about it in Conversion Excel 01:47 – Offer FREE shipping 02:12 – Increase the product cost to cover the free shipping fee 02:26 – Your page speed matters a lot 02:47 – Site speed means better user experience 02:57 – Make sure your site is mobile compatible 03:20 – Have reviews 03:41 – Using default product descriptions will not establish your page as unique 03:51 – Interlink other products to draw people to these other pages 04:15 – Your conversion rate is not just about the number of visitors, it is the revenue you get per customer 04:37 – Check people’s behavior on your pages 05:18 – Make sure images are of high quality and videos are showing the product well 05:39 – Utilize retargeting to those who consistently check you out 06:18 – Run promotions 06:50 – That’s it for today’s episode! 3 Key Points: Think about up selling—every product should have an upsell opportunity. The conversion rate is not just about the number of visitors, it is the revenue you get per customer. The better the customer experience, the higher the sales. Leave some feedback: What should we talk about next? Please let us know in the comments below. Did you enjoy this episode? If so, please leave a short review. Connect with us: NeilPatel.com Quick Sprout Growth Everywhere Single Grain Twitter @neilpatel Twitter @ericosiu

Transcript

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0:00.0

Get ready for your daily dose of marketing strategies and tactics from

0:06.8

entrepreneurs with the guile and experience to help you find success in any

0:11.4

marketing capacity. You're listening to marketing school

0:14.5

with your instructors Neil Patel and Eric Sue.

0:19.4

All right guys before we start we got a special message from our sponsor.

0:27.0

If you want to rank higher on Google, you gotta look at your paid speed time.

0:31.5

The faster your website loads, the better off you are. With

0:34.4

Google's core vital update, that makes it super, super important to optimize your

0:38.5

site for low time. And one easy way to do it is use the host that Eric and I use dream

0:44.5

host so just go to dream host or Google it find it check it out and it's a great way

0:49.7

to improve your low time. Welcome to another episode of marketing school.

0:55.0

I'm Eric Sue.

0:56.0

And I'm Neil Patel.

0:57.0

And today we're going to talk about how to increase your e-commerce conversion rates.

1:01.0

So in the world of e-commerce,

1:04.2

you have stores out there like Shopify,

1:05.9

you have magenta, you might custom build everything out,

1:08.4

but the question is, how do you increase your conversion rates?

1:11.1

First and foremost, what I can say is adding live chat to your. your

1:15.0

conversion rates.

1:20.0

your site on your product pages can help.

1:17.0

I have a lot of friends that have e-commerce sites that use live chat,

...

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