GoCardless Achieves a 139% Conversion Boost: A Case Study on Minimizing Friction
Leenna Jayachaandran
CEO & Founder - Sales Transformation Advisor - TRANSDEFY, Angel Investor, Advisory Board Member. (Empowering Sellers to Win Consistently)
In a remarkable demonstration of the Law of Friction's impact within the Sales Funnel Physics, GoCardless, a bank debit network, showcased how streamlining user experience can lead to substantial increases in conversion rates. The principle underpinning this success story is straightforward yet powerful: simplifying the customer journey by eliminating unnecessary hurdles enhances the likelihood of conversion.
Understanding the Friction and Its Impact
Businesses often overlook how certain elements on their websites may inadvertently deter potential customers. The presence of unnecessary steps or distractions not only complicates the user journey but also diminishes the likelihood of achieving the desired action. GoCardless identified and addressed this critical issue by focusing on the efficiency of their landing pages.
Strategic Changes Lead to Conversion Surge
GoCardless's approach was to facilitate immediate access to desired content, in this case, a demo video, without the prerequisite of filling out forms or waiting for live demo schedules. This adjustment catered to the user's preference for convenience and immediacy, allowing interested visitors to engage with a 10-minute video instantly, thereby aligning with the natural inclination of users to opt for the path of least resistance.
领英推荐
Experimentation and Results
The effectiveness of this strategy was quantified through an A/B testing exercise on GoCardless's homepage, which lasted a week. The test compared the traditional "Request a demo" call-to-action (CTA) with a more direct "Watch a demo" CTA. This subtle yet impactful modification led to a remarkable 139% increase in users watching the demo video, affirming the hypothesis that reducing friction significantly boosts conversion rates.
Insights and Applications
This case study not only highlights the critical importance of user experience in the conversion process but also serves as a replicable model for businesses aiming to optimize their digital touchpoints. The shift from "Request a demo" to "Watch a demo" demonstrates how aligning with the convenience and immediate needs of potential customers can lead to substantial improvements in engagement and conversion.
The success achieved by GoCardless underscores a universal truth in digital marketing: minimizing friction is not just a best practice but a necessity in today's competitive landscape, where user convenience and simplicity are paramount.
Really inspired by GoCardless' focus on user experience! ?? Nikola Tesla mentioned, the present is theirs but the future is mine - reminds us innovation shapes success. #Innovation #UserFirst #FutureIsNow
Strategy & Consulting Professional | Driving Brand Visibility & Engagement | Driving Revenue Growth & Market Expansion | Sales Management & Leadership Experience in GCC and India (ex P&G)
6 个月Indeed 'Watch a demo' made it easier, in sync with the 'Autopilot' behavior of human mind. A/B testing to the rescue! Thanks for the post Leena.
Business Solutions Consultant @ GulfTalent | SaaS | B2B | Sales | Networker
6 个月Auotmating the checkout process can be so effective for a higer rate of conversions !