With the introduction of Timeline Actions and improved Wistia analytics came a thirst for more data, more analysis, and more answers. A marketer’s dream!
Once we began collecting conversion rates for some of our Turnstile email collectors, we started asking some questions — mainly, “Is our Turnstile conversion rate good?” and “Could it be better?”
In order to explore these questions, we pulled Turnstile conversion data across all videos hosted on Wistia (that’s over 15,000 Turnstiles!).
We found that the average Turnstile conversion rate is 11%.
With new data at our fingertips, we wanted to improve the conversion rates for our Turnstiles, and explore the potential tradeoffs involved in doing so. We wanted to know what factors we could control, and how they affected one another and our audience’s experience. Here’s what we found.
On average, we found that Turnstiles at the beginning of a video have a 16% conversion rate, while those at the end of a video have a 3% conversion rate. This disparity makes sense. A Turnstile at the beginning of a video acts as a gate, whereas a Turnstile at the end serves as an optional call to action.
While 16% is much more attractive than 3%, a Turnstile at the beginning of a video will likely limit the number of views. It can also create an impersonal or off-putting tone for visitors exploring your site.
Things got even more interesting when we began to examine the Turnstiles located throughout the middle of the video. In the graph above, we see that those middle ground Turnstiles have a higher conversion rate than those at either the beginning or the end, with the highest conversion rate of 43% for Turnstiles in the 10–20% range.
Beyond the location of the Turnstile, another factor that influences the conversion rate is the option for viewers to skip the interaction and keep watching.
While the overall conversion rate for an optional Turnstile is 6%, the average conversion rate for a required Turnstile is 26%. These rates also vary by the location of the Turnstile.
One of the most valuable things about Turnstiles is that they’re easy to change and test. You can try a new location, try making it required, or test out some new copy, all in a matter of minutes.
You can use the trends we’ve found to help you decide where to put your next Turnstile and whether you make it optional or not. Based on data alone, it appears that required Turnstiles 20–30% of the way through your video or 60–70% through your video will garner the most conversions.
While a required email collector in one of these locations may be the “best option” from a pure conversion standpoint, a Turnstile in the middle of your video can feel disruptive and frustrating to your audience. It can also negatively impact your video’s engagement rate, as many viewers will drop off. In short, keep the structure of your content in mind as you place your email collectors!
You can also use our data to help you evaluate how your current Turnstiles are performing. Take a moment to look at where your Turnstiles are and whether or not they’re optional. If your conversion rate is well below the average in the graph above, you should take a step back and consider other factors.
- What is the copy in your Turnstile?
- What are you offering in return for your viewer’s email? How valuable is it? How soon will your viewers receive it?
- What’s happening in your video directly before the Turnstile? It’s especially important to give your viewers a reason to continue watching if you’re planning on using a required Turnstile.
The possibilities for Turnstiles are endless, so go forth, experiment, and optimize!