Kickstarting a data-driven CRO program for Metals4U increased sales by more than 34%

Client Metals4U

Metals4U brought us on board to help them achieve their ambitious growth targets and gain an even greater edge over their competition. By applying our iterative experimentation approach, we were able to increase their sitewide conversion rate by 34%, creating more additional demand than their warehouse could initially handle.

Opportunity

Already standing as the UK’s biggest online metal supplier, Metals4U were looking for a way to increase their market share and scale at speed.

At the time, they’d put a lot of energy into driving traffic to their website, but they knew that if they wanted to hit their growth targets, they would need to improve their website’s conversion rate.

Metals4U’s Managing Director, Paul McFadyen, understood the importance of data-driven CRO, and believed that hiring an agency to take care of their end-to-end experimentation program would set them even further apart from their competitors.

That’s where we came in.

Driving an immediate return on investment

When we run an experimentation program for our clients, our aim is always to start driving tangible results from the very first day.

From our initial analytics review, we found that a large proportion of Metals4U’s users were exiting their website on the Product Detail Pages (PDP). Digging deeper, our usability tests showed that at this stage of the funnel visitors were often looking for information about delivery times, which they couldn’t find.

It turned out that in their eagerness to find the price, many mobile users were scrolling straight past the delivery messaging. Even for those who did read the messaging, there was no information on the page about delivery speed.

We hypothesized that if users were able to see the delivery speed for each product, and if delivery information was presented in an easily digestible format, they would be significantly more likely to purchase.

For our first experiment, therefore, we chose to test this hypothesis by prominently positioning the delivery information and speed near the top of the PDP.

The result? These changes increased the conversion rate by 6.9%, adding more than £580k in annualised revenue.

And not only did this experiment produce a very healthy conversion rate uplift, but it also validated our user research. Clearly, delivery information was extremely important to Metals4U’s customers – this was a learning we were able to take with us and apply to future experiments to great effect.

In fact, the increase in demand caused by this run of experiments put so much strain on Metals4U’s warehouse that we were asked to pause the program until they had a chance to adapt to this new level of demand.

‘Trusting’  Conversion to scale experimentation

At Conversion, we’ve developed a scalable approach to experimentation, meaning that the more we test, the better our results.

One of our early experiments for Metals4U was focused around trust.

Our analytics research showed that many new users were failing to make the final purchase once they’d arrived at the checkout process.

User research suggested that this might have been caused by a lack of trust: purchase sizes were often quite large, but many new users were unfamiliar with the Metals4U brand. Combined, these factors seemed to be deterring new users from completing their purchases.

We were confident that if we could find a way to make these users trust the Metals4U brand, we could increase the likelihood of them completing their purchases.

As it turned out, many of the usual hallmarks of website trustworthiness were not present on Metals4U’s website, which meant that there were plenty of opportunities for us to start building trust.

For example, we added payment labels (for MasterCard, Visa, American Express, and Paypal) and included payment security messaging on the PDP and checkout journey.

Not only did this experiment produce a 4.8% increase in the conversion rate, but it also validated our hypothesis that trust was an important factor in their users’ purchasing decisions.

This was a solid result in and of itself, but our process is about more than creating one-off conversion rate uplifts – it’s about learning from our experiments, building on our progress, and creating as large an overall uplift for the program as possible.

As such, we chose to take the learning from this experiment and apply it to a variety of different areas across the site, even going so far as to build the entire homepage proposition around the idea of trust.

Result

All in all, by building on our initial findings about trust, we were able to go on a run of winning experiments that increased the conversion rate on these pages by 27% and generated an annualised £1.38m in additional revenue. In fact, trust proved to be such an effective lever for Metals4U that we decided to leave this as an ‘always on’ experiment, allowing us to continually refine the messaging around trust to try and generate the biggest impact possible.

What’s more, over the course of our first 12 months together, we increased Metal4U’s sitewide conversion rate by more than 34%, generating a total annualised increase of more than £2.2m in new revenue

Ultimately, the need for data-driven CRO had been validated within the business and has since become a key growth stream for the company going forward.

34%

Increase in sitewide conversion rate,
achieved within the first 12 months
working together

 

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