Marketing: May 2005 Archives

This article was originally published on PaidContent.org on May 18, 2005.

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When I first saw on the Subscription Summit agenda that the founder of a website called "SQL Server Worldwide Users Group" was going to present a case study, I wondered what I'd done wrong in a previous life to deserve having to endure such a topic. A site with articles about SQL servers and databases? I figured I figured I'd rather watch paint dry.

Boy, was I wrong.

Stephen Wynkoop, Founder of SSWUG.com and Dr. Flint MCGlaughlin, Director of Digital Trust, Inc., presented highly valuable suggestions applicable to any paid content site looking to increase sales conversion.

First, Mr. Wynkoop shared with the audience three of his big ideas that turned out to be horrible failures:


  1. Free trial without a credit card (Result: hardly anyone converted from free to paid, DOH!).
  2. Implementation of a token system (Result: 90% decrease in paid membership, BAM!)
  3. Free 2 day access (Result: "zero results" OUCH!)

Not exactly the stuff that gets your smiling face on the cover of SQL Database magazine. Wynkoop knew he had to do something, and the smart person that he is, he sought the help of an expert: Dr. Flint McGlaughlin.

The good doctor showed our database hero how to dramatically increase sales by optimizing the elements on his online order page.

What follows is Dr. McGlaughlin's bigger better deal for optimizing a subscription order path, what he calls "The 9 Principles of an Effective Subscription Path":


  1. Track the customer's buying experience
  2. Avoid surprising the customer with negative information
  3. Help the customer understand
  4. Save the customer time
  5. Give the customer options
  6. Help the customer feel safe
  7. Incentivize the customer to continue
  8. Help the customer select everything they need
  9. Solve the customer's credit card problems

Following Dr. McLaughlin's advice, Mr. Wynkoop's registrations and sales for his site are up - way up: 700% increase in free registration and 175% increase in paid memberships.

And Mr. Wynkoop is smiling all the way to the bank.

Bonus advice from Dr. McLaughlin: don't include in the order path a photograph of the author of a subscription product (sometimes done with the intention of putting a face with the product). "Photographs are often a mistake," McCalughlin said. "No matter who you put, some people react positive and some people react negative. Better to have the person imagine what you look like." (Memo to self: include a photo of Brad Pitt along with the bio following my blog posts.)

This article was originally published on PaidContent.org on May 18, 2005.

contentbiz05.jpg
I am attending the 5th Annual Selling Subscriptions to Internet Content Summit in New York this week, privileged to be co-blogging on-location with Dorian Benkoil. This is the first in a series of my reports covering the more interesting presentations from the conference.

Tuesday morning Greg Martz of Motley Fool and Mark Wachen of Optimost presented a case study on "Landing Page Tests - What worked and Failed Out of Dozens of Design and Copy Elements".

Martz talked about how Motley Fool had been performing standard A-B tests on its landing pages to optimize the design and copy for maximum conversion. However, the A-B tests were very time consuming and limited in scope.
Seeking a better solution, Motley Fool turned to an approach called multivariable testing. What's that about? It's a method of testing multiple variables each having multiple values.

Working with Optimost, Motley Fool tested 13 variables, including page heading, headline, order of copy blocks, copy, offer presentation, submit buttons, guarantee language, etc. In total, 88 values were tested, including page headings, 16 headlines, 6 order layouts, etc.

Think you could test that manually? Think again. According to Optimost, with that number of variables and values, there are over 1 BILLION possible permutations!

The result of the initiative: 39.5% increase in clicks to the order page, and 36.4% increase in subscriptions.

Whammy!

What advice did Martz and Wachen give the audience?

  • Test everything, and everything against everything else. (Copy, offers, submit buttons, images, ordering, etc.)
  • In the long term, multivariable testing is much more cost effective than traditional A-B testing.
  • Need buy-in of tech and design teams, this is crucial to success. The key is to help the teams develop a culture of testing, instead of relying on gut instinct or a laundry list of best practices.
  • Testing instructions: rinse and repeat. Not just a matter of keeping copy or design fresh. Until you get 100% conversion, you can do better!

    In my next report, I'll uncover the details presented by Stephen Wynkoop and Dr. Flint McLaughlin in "How An Optimized Subscription Path Increased Paid Subscribers 175%".

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      About this Archive

      This page is a archive of entries in the Marketing category from May 2005.

      Marketing: December 2004 is the previous archive.

      Marketing: April 2006 is the next archive.

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