Source: http://www.entrepreneur.com/article/269630
How do you boost the conversion rate of your ecommerce website? Successful online retailers implement some powerful mind-tricks to prevent leaking sales. Read on and take the steps below.
1. Use the social proof technique.
- Peer groups easily influence people.
- Check that testimonials and reviews are strategically placed around your website.
- Highlight how others have been happy about your posts, products, or services.
- Show customers what their friends have purchased.
- Appeal to your viewers’ sense of identity.
- To increase trust, allow a few negative reviews and show how you satisfactorily responded to them.
2. Find out which pricing tactics work different target audiences.
- Is your pricing putting people off or causing them to click?
- Show the old price next to the new price and emphasize the saving.
- Use numerical digits – half-price is 50%.
- Offer incentives to buy more – free shipping on orders over __.
- Fewer syllables make the price appear smaller.
- Place ideal purchase in the middle to mould people’s perception value.
3. Use the fear of missing out or scarcity to your advantage.
- People are hardwired to fear scarcity.
- Make them act now. ‘Only a few left in stock’ can help.
- ‘Limited time remaining’ can be a good way to urge people decide now.
- Have a seasonal product range and limitation.
4. Improve your site layout and colours.
- A person’s psychology can be affected by these website elements.
- Aim for simple layout that can provide them better user experience.
- Offer relevant products at the checkout page to upsell.
- Help customers narrow their choices.
- Put the ‘buy now’ button on the right.
- Group related items.
5. Recreate ‘real-world shopping’ shopping through photography and video.
- Use hi-definition photography.
- Show details by taking plenty of photos.
- Featuring videos can reduce return rates.
6. Close the sale.
- Divide the checkout experience into stages and guide them as they move through each stage.
- Provide a ‘quick checkout’ option for your existing customers.
- Use a progress bar.
- Avoid presenting unexpected costs at the checkout.
Make the most of your website and apply the above methods of encouraging customers to go all the way with their purchase.