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الجمعة، 12 يوليو 2019

How to Optimize Your Product Pages

As an ecommerce store, driving traffic to your website is only half of the battle. That in itself is a tall task, but so much more needs to be done in order for you to actually generate sales.

Take a moment to put yourself into the minds of the consumers.

Clearly, they’re somewhat interested in whatever you’re selling. Maybe they found you from an organic search of a product they need or maybe they clicked on a PPC advertisement. It’s possible that they found your site from a social media campaign.

The way they found you really doesn’t matter. What’s important is that they landed on your site because of interest.

You’ve done a great job of setting up your site navigation, making it easy for visitors to find exactly what they’re looking for. This brings them to the product page, which is what we’ll be focusing on in this guide.

Here’s what you need to realize. When a website visitor lands on your product page, they’re often just a click away from completing the purchase process. But that won’t happen if those landing pages aren’t optimized for conversions.

Failure to properly design and optimize product pages is a mistake that I see ecommerce sites make all of the time. That’s what inspired me to write this guide.

I’ll explain everything you need to know about crafting product pages that drive conversions.

Elements of a product page

Before we continue, I want to make sure you understand exactly what needs to be included on every product page. All product pages should have the same elements.

  • The Product
  • Branding
  • Design
  • Copywriting

First and foremost, your product always needs to be the center of attention. While this may seem obvious, I’ve seen some ecommerce sites position their products in a way that appears to be an afterthought.

Branding needs to be everywhere on your website. While you may have branding on your homepage or other interior pages, you can’t forget to add this to your product pages. Depending on where your traffic is coming from, not everyone who lands on a product page will see your homepage.

Website design is one of the most crucial elements of a product page. Even if you include all of the other proper elements, it’s useless if the design isn’t functional or user-friendly.

You can’t sell products without text. That’s why your sales copy is a critical element. The writing needs to flow well with your design and branding to tie everything together.

Now that you know what needs to be on your product pages, let’s look at some more specific tips for product page optimization.

Make sure your CTA is clear and obvious

How does someone buy an item from your product page?

They need to click on a button that allows them to check out. But if that button is buried somewhere on the page, you won’t drive as many conversions.

Take a look at this product page from Blenders Eyewear.

Blenders Eyewear

There’s only one button on this entire page that can be clicked—add to cart.

It’s big, bold, and the only text on the screen with a background color.  In fact, aside from the product itself, the CTA here is the most prominent part of the page. It can’t be missed.

Go to your website and look at your product pages. See if your CTA is as clear and obvious as this one.

If your visitors can’t spot the button right away, it’s a problem.

Your CTA must be in view at all times. If users have to scroll to find it, then it’s not going to have a high conversion rate.

Here’s something else to keep in mind. Don’t place your conversion CTA near other CTAs on your site. For example, the “buy now” button shouldn’t be positioned next to a “subscribe” button.

While collecting emails is important, that doesn’t belong above the fold on your product page, and it certainly shouldn’t be somewhere that will draw attention away from your transactional CTA.

Don’t get too cute or fancy with the wording of your call-to-action either. Something along the lines of “buy now” or “add to cart” is just fine. Trying to be creative here can just end up confusing your customers.

Use professional photography

Unlike brick and mortar retail, online consumers rely heavily on images to make their buying decisions.

Your smartphone might take a great picture, but you should not be using it to take product photos. Everything needs to be handled by a professional.

Get a photographer to handle photoshoots with professional equipment and editing software. It’s worth it to spend extra on these things in order to get the best shot. You’ll need to take photos from every possible angle.

With that said, you also need to make sure that you’re taking the “right” photos for your product pages.

For example, let’s say you’re selling something like a wristwatch. A photo of a watch alone on a table doesn’t really add much value to the consumer. But if you put it on someone’s wrist, it gives them a better indication of the product will look if they buy it.

Take a look at the images on this product page from MVMT.

MVMT

This is great photography. They used the “right” images because all of the shots show the product on a person’s wrist.

You can see how it looks from every angle. The first image shows how it looks from the first person perspective of the model looking down to check the time. Then it includes some other shots of how it will look from someone else’s view.

Oh yeah—they even show what the watch looks like if you’re jumping out of a plane.

These photos tell the full story about the product. It’s stylish, looks great, and can be worn as casual wear and active wear alike.

Include social proof

No matter how independent or unique a person claims to be, consumers will still follow the lead of others. Why should they buy a product if nobody else has?

They’ll have no way of telling if your product is good, useful, or just a waste of their money. If they’re unable to get these questions answered, then they probably won’t buy.

That’s why you need to include social proof on your product pages.

84% of people trust an online review as much as a recommendation from a friend. After reading between one and six reviews, 68% of customers form an opinion about a brand or product.

It’s your job to encourage customer reviews. After someone makes a purchase, send a follow-up email and ask them to rate or review the product. The more reviews you get, the better off you’ll be.

In fact, 49% of consumers say that they value the quantity of online reviews when they’re evaluating a business.

Blenders Eyewear, one of the examples we looked at earlier, had reviews on their product page. Just make sure you don’t let the reviews distract the user from buying.

Here’s another example of this strategy used by Brooks.

Brooks

This product has 68 reviews and it’s rated 5/5 stars by their customers. You can see this information above the fold, and near the product description.

However, the actual reviews aren’t shown here. If you click on them, it will bring you to the bottom of the page.

Reviews

That’s where the reviews belong.

If these were positioned elsewhere on the page, it would be too distracting and take away from the product and CTA. But by including some information above the fold, and giving customers easy access to find the reviews and read them, it helps aid their buying decision.

Visitors can do all of this without having to go to another landing page or third-party review sites.

Add videos

If a picture is worth 1,000 words, how much is a video worth?

Earlier I explained the importance of allowing your customers to get a better understanding of your products with images. But a video really gives them a closer look at everything.

Videos can showcase your products more than a picture ever could.

In fact, 90% of people say that product videos are helpful during the buying process. 70% of marketers say that videos convert higher than any other type of content.

After watching a video, 64% of consumers are more likely to buy a product.

Check out this example of a product page from GoPro.

GoPro

It’s a different approach compared to some of the other examples we’ve looked at so far.

Videos are especially important for this company since they’re selling a camera on this page. The video shows exactly what type of content can be captured with this camera.

Videos are great for those of you who have products that need a little bit more explanation. It’s not necessarily required if you’re selling something simple, like a plain shirt.

But with that said, you can still include videos, even if you’re selling something straightforward. Allbirds is a shoe company that has videos on their product pages of people walking in their shoes.

For those of you that have a product that’s a bit more complex and requires further explanation, adding a “how to” video or product demonstration can be very helpful to the consumer.

Carefully craft product descriptions

This is one of the more common mistakes that I see on ecommerce product pages. Everything looks great until the description.

While your product page should definitely be visually appealing with photos and videos, you still need to have some text on the page.

Keep it short. Don’t go overboard with long paragraphs. Nobody wants to read large blocks of text. You can use bullet points to shorten the content and make it easier for people to read.

Don’t be boring. Establish a brand voice. Know your audience and what they want to hear.

If your target market is business professionals over the age of 50, the description would be different then if you were trying to reach college students.

Look at this product description from Dr. Squatch, an ecommerce site that sells men’s soap.

Dr Squatch

This particular bar of soap was inspired by the scent of beer.

Take a closer look at some of the text in this description. They use phrasing like “drag a lawn chair into the shower” and “sip a couple cold cruisers.”

Their product isn’t for everyone. So they’re comfortable using slang to target a specific market.

Normally, I’d say steer clear of this type of phrasing. But in this case, it’s part of the company’s overall branding strategy.

Understand your customer and what they want in a product. Then work that into the description.

Don’t just rush through the process and say “soap that smells like beer.” Does this describe the product? Sure.

But will it make anyone want to buy it? Probably not.

Justify your pricing

Your pricing strategy is part of your product page since the price will obviously need to be on display.

This is your chance to justify your pricing and show your product’s value.

The description, pictures, videos, and everything else on the page needs to explain exactly why your product is priced a certain way. This is especially true for those of you who are selling products at higher price points.

Look at this example from Lululemon.

Lululemon

They have a quick “why we made this” description directly under the price.

In short, it explains that the product doesn’t have seams, is made with anti-stink technology, is ventilated, and made for training.

It’s not just a regular t-shirt for wearing to bed or around the house. So the high price tag of $68 for a seemingly simple shirt is justifiable.

Without that information, consumers may be a bit more reluctant to buy.

A/B test everything

Truthfully, you won’t know for sure if your product page is fully optimized until you try different approaches.

That’s why every element of the page should be A/B tested over and over again.

  • CTA wording
  • CTA placement
  • CTA color
  • Description
  • Review placement
  • Price placement
  • Price size

The list goes on and on. It’s an ongoing process.

Even as your conversion rates rise, don’t assume that they can’t get any higher. Keep running tests to be sure.

Conclusion

Product pages are the most important components of your ecommerce site.

When a website visitor lands on one of these pages, they are moments away from converting. It’s your job to make sure that every product page is optimized to drive sales.

Use this guide as a reference to help you make sure that your pages have all of the crucial elements needed. Then follow the examples that I showed you and apply those same principles to your website.



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Read Up, Parents! 14 Simple Ways to Get Free Kids’ Books

This week's top 10 cheap eats

This week's top 10 cheap eats The Moneywise Team Fri, 07/12/2019 - 15:39
First published on 26 April 2019


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10 tips to save on car hire

10 tips to save on car hire Esther Shaw Fri, 07/12/2019 - 15:15


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What to Do When Your Financial Goals Become Impossible To Achieve

I am a huge proponent of setting financial goals. A well-considered financial goal not only gives you direction toward some of the biggest things you want to achieve in life, but is easily broken down into steps that you can achieve today – and I do mean literally today.

The big problem with this kind of big goal setting is that the bigger and longer-term the goal, the more likely it is that your life will change in some significant way before you reach that goal.

Sometimes those changes are good changes. Those kinds of changes can accelerate you toward your current goal quickly (like a windfall) or even cause you to consider an even stronger goal (like a major career advancement or change).

Others are simply life changes that make your current goal seem irrelevant, like getting married or having children or simply reconsidering your life priorities.

Then there are the changes that cause a downward shift in your income level or add major expenses to your life. Perhaps you get fired and fall out of your career path. Maybe a loved one gets very ill and you take on the burden of caring for that loved one. It could just be a long series of smaller unfortunate events.

Whatever the case, sometimes our big goals drift from audacious but possible into the “impossible without an outside miracle” territory. You’re just not going to make it to the goal, no matter how much you tweak the plan.

It can feel a lot like failure, and that sense of failure can easily make you want to give up on long term planning entirely. Your dream of retiring early now just looks like normal retirement (if you’re lucky). Your dream of paying for your daughter’s college education just went up in smoke. Why plan for anything if this is what happens?

The important thing to remember is that a worthwhile goal isn’t so much about the destination, but about the changes you make to yourself along the journey’s path and the improved financial stability that almost every goal provides all throughout the journey.

Let’s say your big goal was to save for your daughter’s college education. Suddenly, when she’s thirteen, things change. Not only are you unable to save much for that goal any more, you have to dip into it to keep a roof over her head.

It seems like a disaster, right? But consider these things.

First, what would your situation be like if you didn’t have that money to dip into at all? Wouldn’t the impact on your daughter’s life be far worse if that “college savings” hadn’t been there to begin with? Sure, you might not be using it for college, but you’re using it for something of value.

Second, how big would your lifestyle changes be if you weren’t already living below your means when you were putting aside money for college? In order to save $100 a month for college (or whatever it is you’re saving), you had to be living on $100 a month less than you could have been living on. This means that your lifestyle adjustment is actually easier than it would have been without your big financial goal.

Third, even with the changes, you likely have some progress toward your goal that you can either retain or redirect toward a new goal. Again, maybe you were able to save $10,000 for your daughter’s education but needed to tap $5,000 of it. You still have $5,000 put away toward your daughter’s education, which is a pretty nice head start for her.

Finally, you know that you can set a big goal and make progress towards it. You aimed for a goal and you were able to make lifestyle changes to reach toward that goal. You know that you have it within you to do those things, even if unexpected changes caused you to no longer be able to achieve the goal as you envisioned it.

This is not the end of the line for achieving big things in life. You know you can make progress toward big goals in life, and you know that progress toward big goals can be helpful even if the big goal is now out of reach. Rather than giving up, it’s just time for some reassessment.

You can start by sitting down and considering what things are really important to you going forward. The big goal you were aiming for is now out of reach, but that doesn’t mean that it was the only thing important to you in your life. There may be other things to aim for that are still within your grasp.

You had a dream of paying for your daughter’s education and now that seems out of reach, but perhaps you can at least pay for all of her textbooks and buy her a really good laptop when she goes to school. You can do that by simply aiming to not touch her college savings again and contributing a much smaller monthly amount (or nothing at all). What do you need to do in your life to enable a $10 a month contribution? What do you need to do to ensure you never have to touch it again? Maybe a big emergency fund might help you avoid that.

Maybe instead you had a dream of retiring early, but now that’s not going to happen. What can you do instead? Maybe you can simply aim for a normal retirement with some money in the bank that helps make your retirement richer than just what Social Security can provide. Maybe you can still retire a bit early, just not quite as early as before.

You might find that the changes in your life point you to an entirely different goal. Maybe now you want to ensure lifelong care for a loved one who suffered a devastating injury. Make that your central goal. Or, maybe you are now focused on providing care for your baby rather than retiring at age 43. Make that your central goal.

Another key thing to remember is that the skills and often the resources that you built up in pursuit of your previous goal will apply to your new goal as well.

Self-restraint? It was useful then and it’s useful now.

Smart shopping habits? It was useful then and it’s useful now.

Automating your savings for a big goal? It was useful then and it’s useful now.

Breaking down big goals into smaller and smaller pieces until they’re easily achievable in the next day or two? It was useful then and it’s useful now.

Money in retirement savings or emergency funds? They were useful then and they’re useful now.

You still have the tools, even if the old goal isn’t a great fit any more.

So define a new big, audacious goal for yourself. It might be similar to your old one but a bit smaller, or it might be something else new entirely.

Then, do as you did before. Break it down into smaller pieces until you’ve got things you can be doing in the next few days. Spend less. Automate your savings. Make good spending choices. In other words, do many of the things you were doing that helped you achieve your previous goal.

A final note: the biggest enemy when a goal falls apart is simply being disheartened. It’s easy to feel as though goals are pointless (and thus working toward them is pointless) when you watch a big goal fall apart due to things outside your control.

Here’s the truth: life always hands us bad events. We are always going to be hit with unexpected events, and many of them are going to be unfortunate ones. We can’t control those unfortunate events; all we can really do is control our response to them.

Having a goal or a “system” in place is simply a guidance tool to help you progress toward a better life than you would have if you chose to do nothing and follow the path of least resistance in life. The best response to an unfortunate event isn’t to knock down all of those goals and systems; rather, just accept that life sometimes hands you a less than desirable hand and play it with the tools that you have. You know how to set goals. You know how to break them down into actionable elements. You know how to exercise self-control and self-restraint. You can learn what specifics you need to know about the new goal you have in mind.

It’s progress toward a better life, same as it always was. Your situation might be a little worse, but you’re still working toward something better. To do otherwise merely ensures a worse outcome.

Good luck.

The post What to Do When Your Financial Goals Become Impossible To Achieve appeared first on The Simple Dollar.



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Dear Penny: My Fiance Was Laid Off. He’s Fine With Letting Me Pay the Bills Forever

Dear Squeaking By,

Try saying this: “I am stressed about our finances.”

Say it when you’re sober. Don’t say it after a hellish workday or in the middle of a fight over whose turn it is to scrub the toilet. Say it soon.

Then say: “I’d like for us to talk about our money plans and goals.” Schedule a time, day and place to have a talk.

You didn’t just wake up last week feeling the pressures of being the breadwinner. This has been building for nearly six months.

And it’s understandable why you’ve been avoiding the conversation. A job loss is often about so much more than the loss of income. We derive a huge part of our identities from our jobs. Think about how often we learn someone’s name and immediately follow up with, “What do you do?”

So it’s tempting after a significant other’s job loss to jump into the role of supportive partner and absorb as much of their burden as possible. But you’re not a sponge. You can only absorb so much stress.

It sounds like your anxieties are spilling out in the form of “You should get a job”-type statements. And any conversation with a partner that focuses on what they should or shouldn’t be doing is pretty likely to end in an argument.

But it’s much harder to argue with an “I” statement, e.g., “I’m feeling stressed about money, and I’d like to discuss that.”

Your goal in this conversation isn’t to assign blame; it’s to come up with a plan together. You’ll want to talk about what a realistic time frame might be for your fiance’s job search, how to adjust your budget while you’re living on a single paycheck, how to reprioritize your goals for now and his options for earning money while he’s unemployed.

Be prepared to listen as much as you talk. It’s not OK for your fiance to unilaterally decide to make you the sole paycheck earner, but understand that he may have serious anxiety surrounding the job hunt that he hasn’t communicated.

If you follow these steps and your fiance still refuses to talk or accuses you of nagging, I’d urge you to think carefully about whether this is a viable relationship.

You need to be comfortable talking about money in marriage. You’re not being selfish or unreasonable for wanting financial security and the ability to splurge on a vacation or a night out. You deserve someone who gives you space to communicate about your goals and what’s stressing you out, even when it’s a difficult conversation.

Sometimes silence is more powerful than words. If your fiance isn’t willing to have a dialog, what he’s communicating is a lack of respect for you. That, unfortunately, is a problem that will linger long after he’s found a job.

Robin Hartill is a senior editor at The Penny Hoarder and the voice behind Dear Penny. Send your questions about having difficult money conversations to AskPenny@thepennyhoarder.com.

This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.



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Bank of England considers longer redemption times for investment funds

Volunteers needed! Could it be time to quit your job?

Volunteers needed! Could it be time to quit your job? Sam Barrett Fri, 07/12/2019 - 11:57


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Regulators must do more to stop consumers being exploited, say MPs