If customers cannot find your products or make it through the checkout funnel, they cannot buy your products. Increase your conversion rates by increasing your site’s usability. Often, making just a few updates can make a significant impact on the ROI for an eCommerce site. A simple tool such as the Conversion Rate Calculator can help put a tangible value on improving the usability of a website. These basic calculations open the door for a discussion to quantify what small improvements can mean to an eCommerce site.
The Conversion Rate Calculator estimates the value of improving the customer experience of a website based on;
- Average number of visits per month
- Average number of transactions per month
- Average transaction size dollar amount
While basic, this tool demonstrates the idea that a slight improvement in the customer experience of a website can be significant. It does this by multiplying the individual impact across the size of the average cart and the number of users who can now complete the conversion process. A site with a seamless checkout process can help relieve abandoned shopping carts.
User research experts take a deeper look into an eCommerce website and can obtain insights that can provide an even higher ROI. For example, consider a behavior-cased usability study that identifies areas of opportunity by qualitatively examining where users struggle. By pinpointing where users struggle and making those changes can more than make up the cost of the initial investment. Ideally, companies who are considering improving customer experience can use this tool as a rough estimate or starting point.
Metrics Marketing Group’s Research and Customer Experience Vice President Cathleen Zapata comments that, “From experience, I’ve seen that incorporating usability research and testing early and throughout the project timeline can have a huge pay off.” She continues “Estimating ROI not only gives marketers peace of mind that they’re correctly allocating their marketing budget, it also shows the value of each enhancement.” To learn how Metrics Marketing can help maximize your site for ultimate conversion through usability studies and customer research, visit www.metricsmarketing.com/Lab for more information.











