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4 posts from March 2009
03/27/2009
03/20/2009
TrialPay ' s Best Of Web (BOW) Awards
Lavasoft: Best Download Interstitial
Welcome to TrialPay’s Best Of Web (BOW) Awards, where we recognize the savvy online merchants that best utilize TrialPay’s e-commerce solutions. This month we’re honoring Lavasoft for their successful implementation of one of our top touchpoints, the Download Interstitial.
TrialPay’s Download Interstitials help online merchants convert customers before they have a chance to download the free or trial version by providing hundreds of ways to get a free upgrade. Customers get free access to the full version and merchants get paid in the process.
Lavasoft was the originator of TrialPay’s Download Interstitial, which has helped the company sell thousands of additional copies of Ad-Aware every month. Below are ten reasons why Lavasoft’s use of this touchpoint is so successful.
Top Ten Elements of a Successful Download Interstitial
- Prominent placement on the company’s Web site (Lavasoft’s home page) directs any customer who attempts to download the free version to this page.
- The page uses the same header used on all other pages of the company’s site.
- The full version of the product is displayed prominently and highlighted with a red banner.
- Both products are visually represented.
- Customers are offered a clear choice between the free version and the upgraded version.
- There is a concise explanation of how TrialPay works.
- TrialPay’s logo prepares customers to receive a TrialPay-branded e-mail with directions on how to get the full product for free.
- A compelling product description lets customers know why they should upgrade to the full version.
- A comparison chart lets shoppers see the differences between each product at a glance.
- Additional terms and conditions avoid any confusion about who is eligible for this special offer.
Are you interested in implementing these best practices into your own download interstitial and receiving custom creative free of charge? Contact your account manager today.
03/10/2009
5 Ways to Optimize Your E-Commerce Checkout
03/05/2009
When free shipping doesn’t deliver, give away another company’s product instead
When Amazon.com began offering free shipping in 2002, it sparked an undeniable trend among countless e-commerce sites. Ever since, online retailers from Best Buy to Victoria’s Secret to JCPenney have offered free shipping as a regular incentive or as a special promotion because of its innate ability to increase sales, boost average order values and attract loyal customers.
But while the benefits of free shipping might make any online retailer want to absorb the cost, it just isn’t an option for many businesses. Oftentimes it’s just too expensive, especially for low-ticket items with a small profit margin or big and bulky products that might cost upwards of $50 to ship across country.
Some merchants combat this problem by folding the shipping and handling costs into the price of the product. But this is a risky move since today’s savvy online shopper will spot an overly-inflated price the moment she Googles the product name.
So what can you do boost sales, AOV and customer retention without having to worry about the high cost of shipping? Offer a free product, gift card or valuable coupon from another company or advertiser as an incentive. The perceived value of the incentive will be much greater than the perceived value of free shipping. And it will cost far less than the price of shipping and handling.
This might sound too good to be true, but many advertisers are more than willing to provide online merchants with a product at little or no cost because:
- They will receive valuable exposure on your site.
- They know that the lifetime value of the customers they will gain is greater than the cost of the discount or product they are providing.
This is something that happens quite frequently in the software industry, as small software companies practically give away their products to gain exposure on a larger company’s site. And TrialPay recently launched its Purchase Incentives program, which lets online merchants select from a catalog of low-cost incentives with a high customer-perceived value. Adopting a similar strategy will encourage more shoppers to buy from your site and add more to their carts. And with free shipping almost the norm these days, offering something else might be the best way to make your site stand out among the competition.