Search
Close this search box.
Blog » Business Tips » The Best Way to Lower Your Platform Signup Friction

The Best Way to Lower Your Platform Signup Friction

Platform Signup Friction

How many times have you heard about a new software platform that’s all the rage and you need to check it out? I mean really need to because you don’t want to be left out in the cold.

But, when go to signup, there are a million fields to fill out. I can handle the name, email, and address part. But, why do they really need to know my grandfathers’ middle name or the brand of food that my first dog ate? Okay. Fine. They can have that. But, now I have to deal with a captcha. Ugh. I’m over this.

This is known as a high-friction signup process. And, as you’ve guessed, it’s bad for platforms since it can prevent you from obtaining potential customers, clients, and subscribers. Have you ever watched the bounce rates? As if that wasn’t bad enough, this also decreases the value of your platform for anyone who has previously signed-up.

So if you are to have more conversions and keep new customers happy, here’s what you can do to lower your platform’s signup friction.

Don’t Bury Your Sign-Up Form

First things first, let your perspectives clearly see how easy it is for them to sign-up. This means placing your signup on your homepage. Why? Because if your sign-up form is on another screen page, you’re signaling to that visitor that your platform isn’t something that you want to proudly display. Remember, this is your pride and and joy. Don’t be afraid to show it off to the world.

In short, your sign-up should be the absolute first thing they visitors see.

Make Your Platform’s Signup Form Shorter

Obvious? Sure. But, this is really important, so it deserves special mention.

Analyzing 40,000 contact forms, Dan Zarrella, formerly of HubSpot, found that there was a 50% increase in conversions when the number of fields decreased from 4 to 3.

Expedia conducted their experiment and were able to rake-in an additional $12 million in revenue after eliminating a single question from its checkout form.

The main reason why people prefer shorter signups is because they only require a minimal amount of information — especially when it’s with a new and emerging platform that they’re not familiar with.

This means that when designing you signup form, only ask for the information that is essential right now. It will make your potential customers less anxious, which in turn should improve engagement and trust.

Focus on Value to Decrease Platform Signup Friction

Review the data that you’re asking for from a new signup user and then generate that into a list. Once you’ve done that, ask yourself if you didn’t have the following information, could you still deliver a positive experience for them?

If you don’t believe so, then keep your form the same. If yes, then you may want to eliminate that part of the form.

Here’s why this is important.

If you focus on the information that you honestly need, you’ll discover that everything else that you’re asking for is just an added perk. It’s like when you were a kid and got a Happy Meal. You really just wanted that toy. The McNuggets were just a bonus.

In short, if there is information that you can cut, then by all means, cut it. It’s not worth losing a sign-up opportunity because you want to know a second email address in case they change their primary address.

Use the Foot-In-The-Door Technique

As an online shopper, I get how having my email address, location, and even credit card information saved makes life easier. I can place an order quickly and painlessly. It’s awesome.

However, it’s also scary.

That’s why I only prefer to see this information on platforms that I trust and have had positive experiences with in the past.

Don’t expect new users to fork over a wealth of personal information during their initial visit. Instead of requiring a ton of info, ask for this info over time. Start by asking them a couple of less sensitive questions so that they can warm-up to you. As your relationship strengthens, you can ask for more personal info, later.

Oauth2 Signup

Don’t worry if the name doesn’t sound familiar. You probably encounter Oauth2 every day. It’s simply those buttons that allow you to“sign-in with Facebook,” Google, or any other major social network or email provider.

This decreases decision fatigue since it reduces the decision to one question: “Should I connect my other accounts?”

By placing social buttons prominently at the top of your forms for this reason will make visitors sign-up with thinking because they only have to click a button and they’re all set.

Keep in mind that you shouldn’t rely on Oauth2 for your entire sign-up strategy. Believe it or not, there are people who aren’t Facebook or Gmail users. And, not everyone wants to connect all of their accounts together.

But, it’s a promising solution that allows visitors to sign-up for your platform instantly, while not sharing a ton of personal information.

Conclusion

While there’s no one-size-fits-all approach when increasing the amount of people to sign up for your platform, keeping it short, concise, and as frictionless as possible is the best place to start.

Additionally, frictionless signup forms not only increase conversions, they’re also less expensive. That’s just good for business all around.

We strategies have you used to make signing-up for a new platform easier?

About Due’s Editorial Process

We uphold a strict editorial policy that focuses on factual accuracy, relevance, and impartiality. Our content, created by leading finance and industry experts, is reviewed by a team of seasoned editors to ensure compliance with the highest standards in reporting and publishing.

TAGS
Former CTO at Due
I’m Chalmers Brown and former CTO of Due. I’m a big fan of technology and building financial products that help people better their lives. I have a passion for financial products that help people. I build complex financial infrastructure protocols that help scale financial companies. They are secure and support millions of customers worldwide.

About Due

Due makes it easier to retire on your terms. We give you a realistic view on exactly where you’re at financially so when you retire you know how much money you’ll get each month. Get started today.

Categories

Top Trending Posts

Due Fact-Checking Standards and Processes

To ensure we’re putting out the highest content standards, we sought out the help of certified financial experts and accredited individuals to verify our advice. We also rely on them for the most up to date information and data to make sure our in-depth research has the facts right, for today… Not yesterday. Our financial expert review board allows our readers to not only trust the information they are reading but to act on it as well. Most of our authors are CFP (Certified Financial Planners) or CRPC (Chartered Retirement Planning Counselor) certified and all have college degrees. Learn more about annuities, retirement advice and take the correct steps towards financial freedom and knowing exactly where you stand today. Learn everything about our top-notch financial expert reviews below… Learn More