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A short update
ROI is from a different planet.
Read time: 2 minutes
Hey there, J here.
If you've been following my content you know I'm starting to pivot my freelance Shopify business to a Shopify CRO agency.
I will still do development for existing clients, but the main focus will be on scaling the CRO business.
This is our landing page for it.
What is CRO you may ask?
Conversion Rate Optimization.
It's basically how not to waste traffic on an e-commerce store.
And apparently what many stores are doing, hence my hunch that there's a huge opportunity there.
And I'm basing this on our first CRO project for a client.
Why the switch?
Basically this: (based on real numbers)
Why I got into eCom CRO:
When you increase monthly revenue for a business by 40K, you can easily ask for 20.
— Julian (@JuliansDigital)
8:09 AM • Oct 14, 2023
That was one successful A/B test, it took me 2-4 hours of development time.
The ROI is from a different planet than charging hourly rates for development work.
But enough about me.
To scale this, we started doing some cold email outreach.
We are getting decent results, so in case you decide to search for new clients through email, here are some tips to increase your open rates.
For your subject lines:
Don't use BS marketing jargon, such as promises for any % increases, etc. (they will go to spam)
Keep them short 3-5 words max (in my opinion 3 is max)
Get straight to the point
Lowercase might help
We usually do a 5 email sequence and here is what we've been using, with stats:
Campaign 1 - 100 prospects
Email 1 (A/B tested)
Version A subject: conversion rate
Open rate: 52.1%
Version B subject: CR issues
Open rate: 48.9%
Email 2 follows the same threads, so the subject lines are the same.
Email 3
Subject: <> Bing Bros Meeting
Open rate: 60% (fat!)
Email 4
Subject: Re: <> Bing Bros Meeting
Open rate: 42%
Email 5 has not gone out yet.
Campaign 2 - 200 prospects
Email 1 (A/B tested)
Version A subject: conversion rate
Open rate: 55.1%
Version B subject: Call me EBITDADDY
Open rate: 56.8%
The rest of the emails are still getting sent out.
We're still learning and I'll be sharing any major wins in case they might be useful to you as well.
Have a great one!
J.
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