1. What conversion rate would be considered average?
2. Did you experiment with budget/target audience, etc. and was did you find a meaningful difference?
I would appreciate if you could share your experience.
I've looked at my site stats, and only a tiny fraction of those hits -- less than 1 percent -- results in any sort of action on the site.
Compared with traffic from practically every other referrer, that's markedly less engagement.
There are some sites, for instances, whose referral traffic results in engagement in up to 50 percent of cases, and those aren't all necessarily highly targeted audiences.
What can I infer from this?
My guess is that a lot of this StumbleUpon traffic is coming from people who are only passively using the service, as opposed to actively using it.
I would describe an active user of the service as someone who says, "Hey, I'm bored. I'll go to StumbleUpon and look for some interesting websites."
I would describe a passive user of the service as someone who, say, has it set as their homepage, so it opens up whenever they open their browser, whether or not they're actually in the mood to check out new websites.
Whatever the reason, StumbleUpon referrals are traffic that I have largely written off.
1) Click stumble button
2) Look at page for 0.5-2 seconds
3) Stay on page if it's the kind of thing you're looking for (usually novel flash
games or funny videos,) otherwise go back to 1.
The mouse pointer typically never leaves the stumble button during this process, we used to flick through dozens and dozens of pages like we were doing a psychoanalytic free association excercise until we found something we liked.So yeah, not exactly high quality traffic.
I'm not convinced there is an 'active' user of SU; I think people get into a click-the-stumble-button cycle and burn through 10s of pages a minute, meaning that most of the SU traffic is just bounces because they'll click for the next page in a matter of seconds.
Our target market, we decided, was women aged 15-30. From our exhaustive studies (aka, friends and family cajoling) we gathered they were the most enthusiastic users. We set up a custom front page for Stumble users to introduce them to the site.
We did this for Monday, Nov. 28th, Tues. the 29th and on Wednesday, we got caught up again in an approval issue, yelled at SU on Twitter, and all of a sudden we got blasted with organic traffic late Wednesday night (the 30th). Our daily visits went from 100 paid to ~20k unpaid hits a day for a solid week. After that, the traffic dropped off like a stone.
In that time, however, our bounce rate was only about 48%. We believe several factors account for this:
1) The main page was little more than an enticement with easy click through to the meat of the site.
2) The site was very appropriate for the time of year (a gift help site in the holiday buying months)
3) Our target happened to be spot on (we think).
We were also running a contest at the time to help drum up users and usage. Top users would receive Amazon gift cards.
All of these efforts yielded over 300 new users and more than 2,500 new "questions" (our site is a Q&A site for gift ideas; "asking a question" currently requires nothing but an email address).
From a purely return-on-investment perspective, we can say we were quite happy with the results we got from Stumbleupon. We're definitely suspicious of their methods of how they deliver organic vs. paid traffic (seems they've got their hands on spigots). We paid about $40 for the equivalent of 160K visits, and we got a ton of new content, and some very focused and dedicated users.
We've got a ton of test and usage data that we can now mine through to figure out what our next changes should be. We have very active involved, non-friend-or-family users that have given us very valuable feedback on what they want to see from the site. All in all, it's a great utility for a site trying to build itself, but I question its value for an established site (vs. blog posts or other SEO efforts).
If you have any questions about our experience, please don't hesitate to chuck them my way.
However, I only think it worked because of the site's niche (cough). If you have a site that needs high quality traffic, it might not work very well.
It seems to me that once you pay for traffic on Stumbleupon, they turn off your organic traffic, since by paying for traffic you've proven yourself to be a rube.
The demographic appears to be "bored people looking for free stimulation".