mancar487
Elite Member
- Apr 12, 2012
- 2,218
- 2,817
There’s an inside joke among my team mates that I am addicted to split-testing, for the reason that I am always asking them to test and re-test variations of our clickbank pages for optimization of conversion rates and ultimately profits. We indeed carry LOADS of split-tests I was thinking of starting to share some of the data that we get from our tests (if these are useful to anyone). Some of the data may be useful to affiliates and vendors alike (such as color themes, font styles, etc..) while others may be more relevant to fellow vendors.
To start with I want to share data from a fairly simple split-test between two price points - $37 and $39; however, as you’ll see, it is crucial to look carefully at the data obtained when there is a whole funnel in place (rather than a single product).
Our funnel for this particular clickbank product is as follows:
Main product (priced at $37) + 1 upsell ($17) and 1 order bump (a clickbank feature – think of it as an add-on – priced at $3).
Now, the $37 vs $39 had already been tested pre-launch almost 2 years ago, and the 37 had out-converted the 39 significantly.
This time, however, we got the following results:
$37 conversion rate: 9.42%
$39 conversion rate: 9.44%
Initially, this looked like a double win – a better conversion rate and $2 more profit on the $39. However, we noticed that during the split-test period, our average customer value had dropped significantly, a fact that did not tie in with better conversions and a higher price point. We therefore looked at the conversion data for the upsell and order bump, and saw the following:
At $37, the upsell converted at 36% and the order bump at 31%
At $39, the upsell converted at 13% and the order bump at 14%
As you can see, though conversion rate of the $39 was slightly higher than the $37, and though the former resulted in $2 more in initial profits, this price point killed the conversion rate of both upsell and order bump, ultimately leading to an overall drop in profits.
Needless to say, we’re sticking with the original $37!
Not sure if this data is useful to anyone – do leave your comments/feedback and I’ll be posting more split-test case studies if there is interest.
Mancar
To start with I want to share data from a fairly simple split-test between two price points - $37 and $39; however, as you’ll see, it is crucial to look carefully at the data obtained when there is a whole funnel in place (rather than a single product).
Our funnel for this particular clickbank product is as follows:
Main product (priced at $37) + 1 upsell ($17) and 1 order bump (a clickbank feature – think of it as an add-on – priced at $3).
Now, the $37 vs $39 had already been tested pre-launch almost 2 years ago, and the 37 had out-converted the 39 significantly.
This time, however, we got the following results:
$37 conversion rate: 9.42%
$39 conversion rate: 9.44%
Initially, this looked like a double win – a better conversion rate and $2 more profit on the $39. However, we noticed that during the split-test period, our average customer value had dropped significantly, a fact that did not tie in with better conversions and a higher price point. We therefore looked at the conversion data for the upsell and order bump, and saw the following:
At $37, the upsell converted at 36% and the order bump at 31%
At $39, the upsell converted at 13% and the order bump at 14%
As you can see, though conversion rate of the $39 was slightly higher than the $37, and though the former resulted in $2 more in initial profits, this price point killed the conversion rate of both upsell and order bump, ultimately leading to an overall drop in profits.
Needless to say, we’re sticking with the original $37!
Not sure if this data is useful to anyone – do leave your comments/feedback and I’ll be posting more split-test case studies if there is interest.
Mancar
