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Case: Maximizing Conversions for a Lifting Equipment E-Commerce Store: A Multi-Channel Digital Marketing Overhaul

  • 16.08.2024 / Reading time: 13 min.
In the rapidly evolving e-commerce landscape, standing out requires not only a robust product offering but also an effective digital marketing strategy. Our client, an online store specializing in lifting equipment, faced a multitude of challenges as it sought to increase sales and brand visibility in an increasingly competitive market. The store offered a diverse range of products including hoists, cranes, and lifting accessories targeted at both B2B and B2C customers. However, by September 2023, the store was struggling to achieve the desired level of traffic and conversions.

Despite having a well-stocked inventory and a functional website, the online store encountered several hurdles. The primary challenge was insufficient website traffic, which was averaging just 7,500 unique visitors per month. Of these, the conversion rate was a meager 1.2%, translating to only 90 monthly sales on average. Furthermore, the store's bounce rate stood at a concerning 55%, indicating that more than half of the visitors were leaving the site after viewing only one page.

Another significant issue was the lack of a cohesive digital marketing strategy. The store’s existing efforts in Google Ads were underwhelming, with a click-through rate (CTR) of only 2.1% and a return on ad spend (ROAS) of just 2.5x, below the industry standard for lifting equipment which typically averages around 3.2x. The email marketing campaigns also lacked segmentation and personalization, leading to a low open rate of 18% and a click-through rate of just 1.8%.

Recognizing the need for a comprehensive digital marketing overhaul, the online store sought our agency's expertise. The goal was to increase website traffic, improve conversion rates, optimize the Google Ads campaigns, and enhance the effectiveness of their email marketing strategy. This case study details the steps taken by our agency to address these challenges and the impressive results that followed.

Stage 1: Comprehensive Website Audit and Optimization

Identifying Key Website Issues

Our first step was to conduct a thorough audit of the online store's website. We identified several technical and user experience (UX) issues that were likely contributing to the high bounce rate and low conversion rate. The website's average load time was 4.2 seconds, far above the optimal range of 2-3 seconds, which we found to be a significant factor in user drop-offs. Additionally, the site’s mobile responsiveness was poor, with only 65% of pages rendering correctly on mobile devices, despite mobile users accounting for 54% of total traffic.

Optimization Efforts and Their Impact

To address these issues, we implemented several key changes. First, we optimized the site’s loading speed by compressing images, leveraging browser caching, and minimizing JavaScript. These efforts reduced the average load time to 2.8 seconds. Next, we redesigned the website's mobile version, ensuring that 97% of pages were fully responsive. We also streamlined the checkout process by reducing the number of steps from five to three and integrated a one-click purchase option for returning customers.

Quantifiable Results

The impact of these changes was immediate and significant. The bounce rate dropped from 55% to 32%, and the conversion rate increased from 1.2% to 2.4% by the end of October 2023. This effectively doubled the number of monthly sales from 90 to 180. Additionally, the average session duration increased by 35%, indicating that users were more engaged with the site content post-optimization.

Stage 2: Revamping the Google Ads Strategy

Analyzing Previous Campaign Performance

Upon analyzing the existing Google Ads campaigns, we found several areas for improvement. The campaigns were too broadly targeted, leading to a low CTR of 2.1% and a high cost-per-click (CPC) of $4.10. Additionally, the ad copy was generic, failing to highlight the unique selling propositions (USPs) of the lifting equipment.

Strategic Reallocation and Targeting

We began by segmenting the campaigns into more focused ad groups based on product categories, such as "Industrial Hoists," "Portable Cranes," and "Lifting Accessories." We also introduced negative keywords to filter out irrelevant traffic, which had previously accounted for 15% of clicks.

Optimizing Ad Copy and Extensions

Next, we revamped the ad copy to emphasize the store's USPs, including "24/7 Customer Support," "Free Shipping on Orders Over $500," and "Price Match Guarantee." We also added ad extensions such as sitelinks, callouts, and structured snippets to increase the ads' visibility and CTR.

Bid Adjustments and Smart Bidding Implementation

To maximize the efficiency of the ad spend, we implemented smart bidding strategies like Target CPA (Cost Per Acquisition) and Target ROAS (Return on Ad Spend). We adjusted bids based on device, location, and time of day, with higher bids allocated to mobile users and peak shopping hours.

Quantifiable Results

By the end of November 2023, these changes had led to a 47% increase in CTR, bringing it to 3.1%. The CPC was reduced by 18% to $3.36, and the ROAS improved from 2.5x to 3.6x, exceeding the industry standard. The overall monthly ad spend remained consistent at $12,000, but the improved targeting and bidding strategies resulted in a 34% increase in conversions, translating to an additional $41,400 in monthly revenue.

Stage 3: Advanced Email Marketing Segmentation and Automation

Audit and Segmentation

We discovered that the store's email list was a largely untapped resource. The list comprised 28,000 subscribers, but the existing campaigns were sent to the entire list with minimal segmentation, leading to low engagement rates. Our first step was to segment the list into targeted groups based on customer behavior, purchase history, and engagement levels.

Automation and Personalization

We then developed a series of automated email flows tailored to different segments. For example, a "Welcome Series" was created for new subscribers, while an "Abandoned Cart" series targeted users who had added items to their cart but had not completed the purchase. For repeat customers, we implemented a "Replenishment Reminder" series to encourage re-purchasing consumable lifting accessories.

Personalized Content and Dynamic Offers

Each email was personalized with the recipient’s name and featured dynamic content blocks that showcased products based on their browsing history and previous purchases. Additionally, we tested various subject lines, A/B testing over 15 variations to identify the most effective messaging, which ultimately increased the open rates by 24%.

Quantifiable Results

By December 2023, the overall open rate had increased from 18% to 27%, while the click-through rate improved from 1.8% to 3.9%. The automated flows were particularly successful, with the "Abandoned Cart" series achieving a conversion rate of 10.6%, generating an additional $13,200 in monthly revenue. The total revenue from email marketing rose by 64%, reaching $85,600 in December.

Stage 4: Leveraging Data Analytics for Continuous Improvement

Implementing Advanced Analytics Tools

To ensure continuous improvement, we implemented advanced analytics tools such as Google Analytics 4 (GA4) and Hotjar. GA4 was used to track user behavior in greater detail, allowing us to identify trends and optimize campaigns in real-time. Hotjar provided insights into user interactions with the website through heatmaps and session recordings, helping us understand user pain points.

Data-Driven Decision Making

The data collected allowed us to make informed decisions on where to focus our efforts. For instance, we identified that users coming from mobile devices had a lower conversion rate despite increased traffic. This led us to further optimize the mobile user experience, including simplifying the navigation menu and enhancing product image quality for mobile displays.

Quantifiable Results

By continuously monitoring and optimizing based on data insights, we were able to further reduce the mobile bounce rate by 14% and increase the mobile conversion rate by 0.8%, which added approximately 45 additional sales per month. Overall, the enhanced analytics approach contributed to a 15% increase in total monthly sales.

Stage 5: Enhancing Customer Retention and Loyalty

Developing a Loyalty Program

To boost customer retention, we developed and launched a loyalty program in early November 2023. The program was designed to reward repeat customers with points for every purchase, which could be redeemed for discounts or free products. Additionally, we offered double points during promotional periods to incentivize larger purchases.

Customer Retention Strategies

We also introduced post-purchase email sequences that included personalized product recommendations and exclusive offers for loyalty program members. A "Thank You" email was sent immediately after purchase, followed by a "How-To" guide email three days later, offering tips on using the purchased equipment, which fostered long-term engagement.

Quantifiable Results

The loyalty program quickly gained traction, with 18% of existing customers enrolling within the first month. By December 2023, the repeat purchase rate had increased by 22%, contributing an additional $25,700 in monthly revenue. Customer lifetime value (CLV) for loyalty members was 28% higher than non-members, highlighting the effectiveness of the retention strategies.

Stage 6: Expanding Market Reach Through Targeted Content Marketing

Content Strategy Development

Recognizing the importance of building authority and driving organic traffic, we developed a content marketing strategy focused on SEO-optimized blog posts, product guides, and video tutorials. The content was tailored to address the common pain points of the target audience, such as "How to Choose the Right Hoist for Your Business" and "Safety Tips for Operating Lifting Equipment."

SEO Optimization and Link-Building

Each piece of content was optimized with targeted keywords identified through extensive research. We also pursued a link-building strategy, securing backlinks from industry-related websites and forums. This not only improved the site’s domain authority but also drove referral traffic.

Quantifiable Results

Within three months, the blog’s monthly traffic increased by 450%, from 1,200 to 6,600 visitors. The site’s overall organic traffic grew by 36%, adding an additional 2,700 monthly visitors. Moreover, the content contributed to a 15% increase in sales for products featured in the articles, resulting in an extra $18,400 in monthly revenue.

Conclusion: A Comprehensive Digital Marketing Triumph

By December 2023, the cumulative impact of the digital marketing overhaul was evident in every aspect of the online store's performance. The store saw a 73% increase in overall website traffic, with monthly unique visitors rising from 7,500 in September to 12,975 in December. The conversion rate doubled from 1.2% to 2.4%, resulting in a significant increase in sales from 90 to 310 per month.

The Google Ads campaigns, once a source of frustration, had transformed into a highly efficient revenue driver, delivering a 34% increase in conversions and a ROAS of 3.6x. Email marketing, previously an underperforming channel, now contributed to 22% of total monthly revenue, with advanced segmentation and automation playing a pivotal role.

The loyalty program not only enhanced customer retention but also increased the overall customer lifetime value, ensuring sustained growth. The content marketing efforts bolstered the store’s online presence, driving substantial organic traffic and positioning the brand as a thought leader in the lifting equipment industry.

In monetary terms, the online store's monthly revenue surged by 58%, from $129,000 in September 2023 to $203,100 in December 2023. The comprehensive approach adopted by our agency not only addressed the immediate challenges but also laid a strong foundation for continued growth in 2024 and beyond.
This case demonstrates the power of a well-executed, multi-channel digital marketing strategy. By focusing on data-driven decisions, personalized customer engagement, and continuous optimization, our agency was able to deliver tangible, measurable results that significantly enhanced the client's market position.

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