Webtrends Optimize – Data Driven Software That Boosts Conversion
13th September 2022How do you ensure a website is optimised to deliver the very best conversion rate while always providing an outstanding user experience?
Investing in Google ads? Yes. Got great SEO? Yes. Increased sales? No.
Imagine chucking money at pay-per-click advertising and search engine optimisation only to discover your website is not configured to convert the resulting traffic. Then imagine
you are an agency working hard to deliver that traffic – with poor conversion results.
Sound familiar? These scenarios are a common headache for both ambitious businesses trying to grow and digital agencies pulling out all the stops to help clients attract and engage target audiences.
In this feature, we meet a brand that is delivering optimal conversion results – not just for businesses but also for brands and organisations across multiple sectors.
Webtrends Optimize is the all-in-one website optimisation solution delivering measurable benefits. It is a software toolbox driven purely by data – not hunches.
It is rated Number 1 by reviewers on G2.com for customer satisfaction.
We spoke to two of its founders, CEO Matt Smith and eCommerce Director Ben Charlesworth, to learn more about the product and its benefits.
Can you tell us a bit about the company’s history?
Matt: “We have been around for 22 years. The business was founded in 2000 as Widemile and then acquired by Webtrends Inc. in 2009.
“Webtrends Inc. then wrapped agency services around the technology, to much success, delivering optimisation solutions and services for the likes of Microsoft, Marks & Spencer, HSBC and many more.
“Then in 2018, I put a management team together and bought out the business. I chose external people who I knew very well, and they joined me to form a founding team.”
Matt says the core of the business was in the UK, Europe and Australia.
“Since 2018 and going forward, we have operated a software model working with digital agencies while maintaining the existing service side of the business.
“We have invested heavily in technology because that is where we expect our growth will come from.
“When we bought the business, we acquired a trademark and assets and then had to spin up our brand. That meant building a brand journey to tell the world about what we do.”
What does Webtrends Optimize do?
Matt: “We offer Conversion Rate Optimisation (CRO), AB Testing, which measures the performance of 2 different versions of the same page, and Multivariate Testing, which compares the performance of multiple variables of a single page at the same time. In addition, our software delivers data-driven Personalisation that guarantees tailored, unique user experiences, as well as real-time data to build trust in a brand with Social Proof and Product Recommendation tools.
“Importantly, we also offer Server-side Testing, which can allow even greater scope for users to experiment and test. There is a whole host of other disciplines that exist within the software too, all geared to increase online conversions.”
When the Sussex Business Times checked out the brand’s success rate, it found some very impressive results.
For example, a global brand increased conversions by 500 per cent, a regional travel company boosted revenue by £1.6m and a healthcare provider boosted mobile conversions by 21 per cent. An international airline also increased website signups by 24 per cent.
Can you give us some examples of what the software can do?
Matt: “We can deliver quite complex solutions for businesses, for example we worked with a home improvement company that had a lot of products on its website. The order in which the items were listed or appeared on the website was determined by individual users and had no scientific reasoning. Many users were seeing products they were not interested in or were out of stock.
“What Webtrends Optimize did was create a scoring algorithm that compared user data from across the site. It determined the order of the most relevant products, based on both most viewed and most purchased. The optimisation work delivered a seven-figure return for that business.”
Ben: “A very basic example is how we helped a business in the entertainment sector. We went onto their website and discovered the ‘Book Now’ button was hidden. We created three different versions of the page, with the button in different styles and different locations. We then ran those pages through an AB Test and measured user interactions so we could deliver a statistical evaluation at the end of the test. Our software could pinpoint which version would increase bookings.
“What we are really offering is a technology solution that increases sales as well as improving the user experience and building trust.”
Matt: “A good example of Personalisation is the work we did for a major high street clothing brand. We ran a test and discovered its website captured sizes. There is no point showing a user an item of clothing if their size is out of stock.
“If the last five things a user bought were women’s clothing, the platform is not going to recommend they are shown men’s clothing. We are going to show them women’s clothing items that are in stock and in their size.”
Ben: “For many years one of our customers in the food & drink industry wanted to offer packages based on website users’ preferences. We were able to ensure their website remembered which items an online customer bought previously so they could provide a one-click re-order service and was able to make recommendations if one of the items was not available.”
What do you see as your growth area?
Matt: “SaaS software subscription is a real growth area for us. We want to continue to grow that and also increase our agency partnerships to support the agency community. Our business in that area has grown by 45 per cent in the past year and we are confident it will continue to grow.”
Why is Webtrends Optimize so important for online conversion rates?
Matt: “Businesses that invest in their websites and spend money on PPC and SEO but not CRO are throwing good money after bad. They are sending traffic to a website that might not be converting anywhere near its full potential.
“We make their investment go further. Website users get bespoke experiences that convert and businesses get users who are ‘sticky’. They can spend with confidence – our average customer return rate across all sectors is 26 times their investment.”
Tell us about your podcast?
Matt: “It’s called #THEBIGLIFT and offers relaxed conversation and insights into the wider Digital world.
“In its third series, recent guests have included George Beverley, of Insightful UX. He chatted about UX, copywriting, web development and data analysis. Alun Lucas, Managing Director of Zuko Analytics, James Addlestone, Chief Strategy Officer at Journey Further, and Ross Davies, Manging Director of Strafe Creative, are also recent guests.”
Who do you work with and what do you charge?
Ben: “We’ve worked with big banks, energy companies, travel and retail brands, the government – in fact across multiple sectors with businesses of all sizes.”
Matt: “Our SaaS monthly licence fee is based on a website’s traffic. Every subscriber gets access to all the tools, because we don’t believe in holding anything back.
“We also offer a managed service, which includes the SaaS licence, and hybrid tailor-made packages.
“Managed services, for example, offer a dedicated CRO consultant, ideation, website development, QA, UX, continuous live experiments, CRO/product upskill and tech support.
“When it comes to our SaaS licence, we want businesses of all sizes to benefit – that is why we scale the pricing on the amount of traffic a website gets.
“Some software businesses have different pricing bands for different products, but we don’t do that.”
Whether you are an agency wanting to help your clients’ marketing spends deliver a higher return or a business keen to offer online customers the same personalised experience they would receive in a store, Webtrends Optimize has the right solution for you.
It offers bespoke optimisation across a wide range of disciplines, with every recommendation based on hard data.
With no guesswork, better engagement, happier customers and more sales, it is the must-have tool to realise a return on PPC and SEO investments.
Website: www.webtrends-optimize.com
LinkedIn: company/webtrends-optimize
Twitter: @WTOptimize
YouTube: c/WebtrendsOptimize
Instagram: webtrendsoptimize
#THEBIGLIFT podcast – listen on Spotify and Apple