Posts Tagged ‘order form’
New Analytics in Depth – Exploring Sales Funnel Metrics: Part 5
Posted by: Che Horder, Business Intelligence Manager
This is part five of a five-part, five-day series about how to best take advantage of the new analytics.
The new ClickBank Analytics feature has been available for a few weeks now, and we would like to follow up with ideas on how to explore and utilize some of new metrics that are now available to you. Part 1 of this series details what the different stages represent and how to measure the full process from Stage 1 to Stage 4. Part 2 outlines Order Form Sale Conversion and Part 3 examines Hops Per Order Form Impression. Part 4 looks at order form impression count vs. order form submit count. Today’s post deals with Order Form Submit count vs. Gross Sale Count.
Order Form Submit Count vs. Gross Sale Count: Stage 3 to Stage 4
You will need to look at two metrics to measure the progress of prospects from the Order Form Submit stage (Stage 3) to Sale stage (Stage 4): Order Form Submit Count and Gross Sale Count. You may view these metrics one of three ways:
1. Plot each individually on the trend chart
2. Compare the 2 metrics on the trend chart (using the “Compare To” drop down box)
3. View the metrics in the data table
Keep in mind what constitutes an Order Form Submit. It is defined as the act of a prospective customer clicking the Pay Now button on the ClickBank Order Form (our reporting will count up to one order form submit per customer visit to the order form).
For prospects to successfully make it to the Sale stage, the following must have occurred:
- The customer information from the ClickBank Order Form is validated.
- The customer is verified to not be participating in fraudulent activities
- The customer has the funds and is authorized to fulfill the sale transaction requested
Common barriers for prospects exiting at this stage include:
- An invalid Postal Code entered on the ClickBank Order Form
- An invalid Name entered on the ClickBank Order Form
- An invalid Card Number entered on the ClickBank Order Form
- The prospect’s payment method is not authorized due to problems with funding
- The prospect is identified to be participating in fraudulent activities
- An invalid Card Expiration Date is entered on the ClickBank Order Form
New Analytics in Depth – Exploring Sales Funnel Metrics: Part 4
Posted by: Che Horder, Business Intelligence Manager
This is part four of a five-part, five-day series about how to best take advantage of the new analytics.
The new ClickBank Analytics feature has been available for a few weeks now, and we would like to follow up with ideas on how to explore and utilize some of new metrics that are now available to you. Part 1 of this series details what the different stages represent and how to measure the full process from Stage 1 to Stage 4. Part 2 outlines Order Form Sale Conversion and Part 3 examines Hops Per Order Form Impression. Today’s post deals with measuring Order Form Impression Count vs. Order Form Submit Count.
Order Form Impression Count vs. Order Form Submit Count: Stage 2 to Stage 3
You will need to look at two metrics to measure the progress of prospects from the Order Form Impression stage (Stage 2) to Order Form Submit stage (Stage 3): Order Form Impression Count and Order Form Submit Count. You may view these metrics one of three ways:
1. Plot each individually on the trend chart
2. Compare the 2 metrics on the trend chart (using the “Compare To” drop down box)
3. View the metrics in the data table
For a prospect to successfully make it to the Order Form Submit stage, the following must have occurred:
- The customer clicked the Pay Now button on the ClickBank Order Form
Check back tomorrow for details about Order Form Submit Count vs. Gross Sale Count.
New Analytics in Depth – Exploring Sales Funnel Metrics: Part 3
Posted by: Che Horder, Business Intelligence Manager
This is part three of a five-part, five day series about how to best take advantage of the new analytics.
The new ClickBank Analytics feature has been available for a few weeks now, and we would like to follow up with ideas on how to explore and utilize some of new metrics that are now available to you. Part 1 of this series details what the different stages represent and how to measure the full process from Stage 1 to Stage 4. Part 2 outlines Order Form Sale Conversion. Today’s post deals with measuring Hops per Order Form.
Hops per Order Form Impression: Stage 1 to Stage 2
The Hops per Order Form Impression metric tells you how successful your prospects at the Hop stage are at converting to the Order Form Impression stage. If your Hops per Order Form Impression is 12, that means on average it takes 12 prospects at the Hop stage to have 1 prospect successfully reach the ClickBank Order Form. The lower the metric, the more efficiently you are converting prospects from the Hop stage to the Order Form Impression stage. You may use the trend chart feature to find time periods when your Hops per Order Form Impression is lowest, and then correlate that metric to specific marketing tactics that work well.
For a prospect to successfully make it to the Order Form Impression stage, the following must have occurred:
- A valid, properly formatted HopLink is clicked on
- A vendor pitch page is rendered on the web browser
- A customer decides to proceed with purchasing the product, following a link to the order form
- A valid, properly formatted link to the ClickBank Order Form is clicked on
- The ClickBank Order Form page is rendered on the web browser
This metric is available to create a trend chart or view in the data table. To create a chart utilizing the metric, locate the Data Type selection box and choose Hops. Then locate the View selection box and choose Hops Per Order Form Impression. The metric will be displayed on the trend chart for the timeframe you choose. The metric is also available to view in the data table located below the trend chart. The data table allows you to view the metric by a specific attribute of the sale and in total over a specified time period. For example, you can choose to view Hops per Order Form Impression for a specific country or product.
Check back tomorrow for information about order form impression count vs. order form submit count.
New Analytics in Depth – Exploring Sales Funnel Metrics: Part 2
Posted by: Che Horder, Business Intelligence Manager
This is part two of a five-part, five-day series about how to best take advantage of ClickBank’s new analytics reporting.
The new ClickBank Analytics feature has been available for a few weeks now, and we would like to follow up with ideas on how to explore and utilize some of the new metrics that are now available to you. Part 1 of this series details what the different stages represent and how to measure the full process from Stage 1 to Stage 4.Today’s post deals with measuring Order Form Sale Conversion.
Order Form Sale Conversion: Stage 2 to Stage 4
Order Form Sale Conversion measures the success of moving a prospect from viewing the order form to completing a sale. It is measured as a rate or percentage, and therefore the higher the rate, the more efficient your conversion process is. This metric is particularly useful in the case where a product is sold without the use of a HopLink. In this situation, Order Form Sale Conversion measures the full sale process.
For a prospect to successfully make it from the Order Form Impression stage to the Sale stage the following must have occurred:
- The customer clicked the Pay Now button on the ClickBank Order Form
- The customer information from the ClickBank Order Form is validated The customer is verified to not be participating in fraudulent activities
- The customer has the funds to fulfill the sale transaction requested
Check back tomorrow for details about the Hops per Order Form Impression metric (measuring stage 1 to stage 2).
Coming Soon: Changes to ClickBank Order Form
Posted by: Kristen M., Marketing Communications Manager
As part of our recent update to the look and feel of the ClickBank website, we are making visual changes to our order form. A brief but statistically significant split test was recently conducted, and the modified order form outperformed the current order form. Due to these positive results, we will begin using a modified version of our order form on Wednesday, June 17th.
In anticipation of this change, please update your payment link images. New payment button images that reflect our new colors can be found here.