Conversion Optimization: Go Beyond A/B Testing and MVT
A/B testing and MVT are a great way to help you drive more conversion on your website. A/B testing and MVT help you decide the best layout, headlines, images, message copy etc. that motivates the visitors to complete a transaction. However, A/B testing and MVT will only get you so far. If a visitor does not complete a transaction during later steps of the funnel then there are generally other reasons than those that can be simply fixed by changing the page layout, copy, images etc. . Don’t get me wrong, I am not saying that you can’t improve conversions by optimizing later steps of the funnel. You can, but you will get to a point of diminishing return and you will need something else to drive more conversions. Moreover, the learning from A/B and MVT will only help you going forward but you will lose many customers while you are doing the tests. Keep in mind that as a visitor moves down the conversion funnel his/her commitment to complete the transaction (convert) increases. If you ...