There is good news, however. CRO speaks the language of the CFO. In the end, CRO is about metrics, testing, and hard data, all leading to a boost in the bottom line and a measurable return on investment (ROI). It’s not about guesswork, “visionary” branding, or the current hottest trend in marketing. The CFO might not understand iterative testing, but they certainly understand increasing revenue with minimal costs and a high ROI.CRO speaks the language of the CFO. Click To Tweet
When trying to make a compelling case for increasing your CRO budget, your overarching goal is to show them what has already been achieved and how much more could be accomplished simply by expanding CRO into other areas. Remember, this is about results. If you can demonstrate past results and then realistically project them into the future, you have a good chance of getting executives on board with CRO increases.
Numbers speak much louder than jargon and buzzwords. Leadership ultimately thinks in terms of ROI, profit/loss, and market share. CRO is a powerful way to increase revenue without a significant increase in costs. Always bring your pitch back to these core concepts.
Optimization is about data, hypotheses, testing, and conclusions. It’s probably the closest thing to the scientific method in the business world. Your chances of getting an increase in your CRO budget are much higher if you can highlight the bottom-line results.
In this white paper we cover:
- Understanding the executive perspective
- Bringing clarity about CRO
- Showing leadership the competition
- Explaining the value of improving user experience
- Revealing the fresh opportunities in the existing strategies
- Presenting executives with revenue gains
- and more…
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