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CXL Live 2022 Recap: Main Takeaways From 6 World-Class Marketers

ConversionXL

It’s like they thought about the attendees and what they need and then designed a format focused on them. This defines how to connect problem themes to a metric strategy, building a metric-driven action system. CXL live is a marketing conference that gets it. The small group roundtable discussions were amazing. How will you act?

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Using Cohort Analysis for Conversion Optimization

ConversionXL

Customers that converted in the last year that had a sales cycle of less than x weeks. You design an A/B test where the A group sees a red button and the B group sees a blue one. Will this cohort help me improve that metric?”. Their metric was revenue: Image Source. Acquisition Efficiency. Expansion Potential.

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It’s Not a Conversion Problem, It’s a Customer Development Problem

conversionxl.com

The traditional method of product development, known as the waterfall model , the design and creation of a product follows a very liner, and sequential process. ” To make the concept a little less abstract, Sean Ellis , founder of Qualaroo, has created a metric for knowing when you’ve achieve Product/Market fit.

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How to Measure Ecommerce Customer Acquisition Cost (+ Tips to Reduce it)

ConversionXL

Customer acquisition cost (CAC) is an important metric for any ecommerce business. For example, if your customer acquisition costs are high for PPC ads , you can move budget to a marketing strategy with a lower CAC. This is due to factors such as maturity, sales cycle, product value, purchase frequency, and customer lifespan.

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Why Linear Funnels Are a Simplified Reality (and What to Do About It)

ConversionXL

The biggest shortcoming being that it considers the sales cycle to be a linear process where a customer passes sequentially through sales steps and where he/she is the only one involved in the decision making process. One of my favorite examples of this is the design of viral loops.

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YouTube Ads: How to Set Up, Run, and Monitor Campaigns

ConversionXL

If you don’t have an in-house graphic designer, there are plenty of free, easy-to-use templates : Now that your channel is set up and your videos are uploaded, it’s time to create a campaign. There are even PPC strategies for account-based marketing.). These audiences are designed for bottom-of-the-funnel conversion ads.

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Email Subject Lines: 8 Principles for Improved Open Rates

ConversionXL

Test your subject lines and measure the right metric. Once you know what you want to learn, you can design a meaningful hypothesis. Of course, you’ll also want to be sure you’re focused on the right metric. Segment based on stage of the sales cycle. Let’s get this one out of the way early.

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