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Swedbank Latvia
dPays solution for receiving deposit moneyUnderstand the motivations, needs, and behaviors of your target audience by gathering data on how users interact with your website. Tailor your efforts to the preferences of your target audience.
Understand how users perceive your website. A well-designed conversion UX/UI improves the user experience and increases the likelihood that users will complete the desired actions, leading to higher conversion rates.
Testing allows to determine which changes are the most effective at increasing conversions and influencing user behavior. It allows us to make data-driven decisions and continuously improve user experience.
Acquire new, highly targeted customers to increase revenue, diversify the customer base and gain a competitive advantage over your competitors. Additionally, increase the likelihood of existing users returning in the future.
Optimize your landing pages to improve performance and motivate users to take the desired actions, increasing conversion rates. This is a crucial step, as these pages are the first points of contact that a user has with your business's website.
Track and analyze user behaviour on your website. Collect data, gather valuable insights into page views, bounce rates, conversion rates, etc. Analytics implementation allows you to make data-driven decisions to optimize for higher conversion rates.
We think a business MUST allocate time and money towards optimization efforts. Increase conversions, outperform your competition, and set yourself on a steady growth trajectory by investing in CRO activities.
CRO focuses on understanding what drives and prevents users from making a purchase or performing a specific action. Once the insights are gathered, we use testing to find best solutions that provide more conversions and profit.
Discover how we've helped different companies around the world. Along our journey, we have learned much and collected vast amounts of data which fuels our work moving forwards. Check out some of the case studies we've done and become our next one.
Swedbank Latvia
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CRO is important for multiple reasons. It is a data-driven and systematic method to increase the revenue. It prevents you from wasting time or money on actions that do not provide a positive impact. Also, it helps you to understand your customers better and tailor the experience for them.
The only answer here is it depends. It depends on a variety of factors such as your industry, types of products, user experience, pricing structure, brand, etc. There is no cookie-cutter formula for a realistic conversion rate.
The main focus should be continuous improvement and progress. Additionally, you should remember that higher conversion rate does not always lead to higher revenue, which is why we measure other metrics around revenue, such as profit and AOV.
There are multiple variables to improve a website's conversion rate. The best approach involves gathering data and insights, making data-driven changes and testing them. When tests have positive impact, changes can be rolled out to 100% of the traffic. In this way, we're able to progressively optimize and ensure the conversion rates are improving.
Conversion rate optimization should be an ongoing project. You're either moving forward or falling behind, there's no middle ground. CRO allows you to outperform your competition and test your true limits. Push the boundaries of your business.