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Maturing from
Conversion Optimisation
to Business Optimisation
#measurefest
www.CROmaturityaudit.com
@paulrouke
#measurefest @paulrouke
About PRWD & Me
> Optimising digital experiences since 2003
> Specialists in CRO, user-centered redesigns and user
research
> Contributors to Econsultancy & CXL
> Co-deliver MSc in Digital Marketing for Conversion
Optimisation
> Author of The Growth Strategy That’s Being Ignored
> International Keynote Speaker
#measurefest @paulrouke
PRWD’s Conversion Optimisation Experience
1. Why CRO ’s Value is Limited
2. The PRWD Solution
3. Client Success Story
4. The CTA
What you’ll hear today
@paulrouke#measurefest
#measurefest @paulrouke
What is Conversion Optimisation (CRO)?
In internet marketing, conversion optimisation,
or conversion rate optimisation (CRO) is a system
for increasing the percentage of visitors to a
website that convert into customers, or more
generally, take any desired action on a webpage.
It is commonly referred to as CRO.
#measurefest @paulrouke
11 Reasons Why The Value of CRO is Often Limited
1. CRO is seen as just a tactic, rather than a growth strategy
2. There isn’t CEO and C-suite buy-in
3. Egotism and opinion drive decision making
4. Being “customer centric” is said, not really done
5. There isn’t a multi-disciplinary team
6. There is limited understanding of statistics
7. There is limited understanding of psychology
8. The business has a siloed mentality
9. The business has a fixed mindset
10. Experimentation isn’t embedded in to company culture
11. There is no improvement model or framework in place
#measurefest @paulrouke
The Conversion Optimisation Lightbulb Moment
We are not just running experiments to optimise for conversion & revenue…
We are introducing a mindset of customer centricity and
experimentation across the entire business
#measurefest @paulrouke
The Challenge We All Have
No clear guidelines
No structure or framework
No way to measure improvements
No way to benchmark your business
It is incredibly complex to change a business so that they embed
customer centricity and experimentation.
At PRWD we have found this is because there is:
#measurefest @paulrouke
The 4 Pillars of Conversion Optimisation Maturity
1.0 STRATEGY
& CULTURE
2.0 TOOLS
& TECHNOLOGY
3.0 PEOPLE
& SKILLS
4.0 PROCESS
& METHODOLOGY
TRANSFORMATIVE
81-100
STRATEGIC
61-80
PROGRESSIVE
41-60
ASPIRING
21-40
BEGINNER
0-20
#measurefest @paulrouke
The Conversion Optimisation Maturity Model ™
#CROelite17
www.prwd.co.uk/maturitymodel
#measurefest @paulrouke
The 21 Assessment Points of the Maturity Model ™
1.0 Strategy & Culture
1.01 Core Business Strategy
1.02 Business Mindset
1.03 Senior, Influential Champion
1.04 Continuous Learning
1.05 Product-Led versus Customer-Led
2.0 Tools & Technology
2.01 Analytics Tool Configuration
2.02 Voice of Customer & Behavioural Insight
2.03 Business-wide Access to Results & Learnings
2.04 Competence Operating the Testing Platform
3.0 People & Skills
3.01 Behavioural & User Research Resource
3.02 Data & Analytics Resource
3.03 UX Design Resource
3.04 Development Resource
3.05 Experienced Lead Strategist
3.06 Understanding of Statistics
4.0 Process & Methodology
4.01 Hypothesis Development
4.02 Test Prioritisation
4.03 Test Design Process
4.04 QA & UAT Process
4.05 Test Analysis
4.06 Test Results & Learnings Report
#measurefest @paulrouke
Audit Your Business in 10 Minutes
www.CROmaturityaudit.com
in September 2016
@paulrouke#measurefest
#measurefest @paulrouke
Suntransfers vs 2017 Travel Industry Average
TRANSFORMATIVE
81-100
STRATEGIC
61-80
PROGRESSIVE
41-60
ASPIRING
21-40
BEGINNER
0-20
75%
Travel Industry Average
34%
#measurefest @paulrouke
Suntransfers Maturity Audit Scores
34%
STRATEGY & CULTURE
33%
TOOLS & TECHNOLOGY
34%
PEOPLE & SKILLS
36%
PROCESS & METHODOLOGY
#measurefest @paulrouke
1.0 Strategy & Culture
1.01 Core Business Strategy
1.02 Business Mindset
1.03 Senior, Influential Champion
1.04 Continuous Learning
1.05 Product-Led versus Customer-Led
34%
September 2016
ASPIRING
0 50 100
#measurefest @paulrouke
The Biggest Challenges To Overcome
1. Speed to resolve problems
2. Lack of internal resources / experience
3. Culture of senior management designing websites
4. No experience of testing
5. Lack of data or user insight
6. Little history of agency investment
7. Too many issues - where do we start?
First 12 months
+
@paulrouke#measurefest
#measurefest @paulrouke
Key Activities which Fuelled Growth & Mindset Change
1. In-depth 1-1 user research in months 1-2
2. Collaborative sketching & ideation in month 3
3. Engaged with the CTO to get full stack developer buy-in
4. The use of HotJar to provide intelligent, continuous feedback
5. A very bold, insight driven redesign of the mobile search form
6. Communication and collaboration with customer service team
7. Continuous JDI changes alongside simple to complex A/B tests
+
#measurefest @paulrouke
Mobile Search Form Redesign
CONTROL VARIATION
+14.3%
INCREASE IN
TRANSACTIONS
#measurefest @paulrouke
What Led To Thinking “Business Optimisation”?
✓ Some truly fantastic test results,
providing clear evidence as to the
growth opportunities that exist
across the customer experience
✓ Wider team engagement and results
sharing, leading to the other
departments becoming experimental
✓ A recognition of the importance of
gaining continuous user feedback,
embedding customer centric
thinking
✓ A combination of both iterative and
innovative thinking, often challenging
what has been the standard business
approach to date
✓ The rapid pace of change and
momentum due to Suntransfers
having a true growth mindset
✓ An inquisitive nature both internally
and with PRWD, asking the question
“what if we started optimising this
area of the business?”
#measurefest @paulrouke
Suntransfers.com KPI Impact 2016-2017
-59%
FUNNEL
ABANDONMENT
+7%
CHANCE OF CONVERSION
WITHIN 2 SESSIONS
-12%
DECREASE IN PAGES PER SESSION
#measurefest @paulrouke
Arresting the Rate of CR Decline from Traffic Growth
#measurefest @paulrouke
Suntransfers.com Business Growth 2016-2017
+36%
REVENUE
GROWTH
+37%
INCREASE IN TOTAL BOOKINGS
+117%
INCREASE IN MOBILE BOOKINGS
in September 2017
@paulrouke#measurefest
#measurefest @paulrouke
Suntransfers Maturity Audit Scores
69%
STRATEGY & CULTURE
57%
TOOLS & TECHNOLOGY
65%
PEOPLE & SKILLS
62%
PROCESS & METHODOLOGY
#measurefest @paulrouke
1.0 Strategy & Culture - Maturity Improvements
0 50 100
1.01 Core Business Strategy
1.02 Business Mindset
1.03 Senior, Influential Champion
1.04 Continuous Learning
1.05 Product-Led versus Customer-Led
69%
September 2017
STRATEGIC
1.01 Core Business Strategy
1.02 Business Mindset
1.03 Senior, Influential Champion
1.04 Continuous Learning
1.05 Product-Led versus Customer-Led
34%
September 2016
ASPIRING
0 50 100
Year 2….
Business Optimisation
#measurefest @paulrouke
#measurefest @paulrouke
Year 2 = Business Optimisation at Suntransfers.com
1. Customer service optimisation
2. My account optimisation
3. Site performance optimisation
4. Operational efficiency optimisation
5. Acquisition investment optimisation
6. Country by country optimisation
7. Seasonality optimisation
8. LTV optimisation
#measurefest @paulrouke
What Potential does Conversion Optimisation have?
Conversion optimisation has the potential to establish a
mindset transformation within a business:
maturing to becoming a truly customer centric
organisation that embraces experimentation, innovation
and long term thinking to outperform their competitors
Audit your business or your clients
in 10 minutes for FREE
www.CROmaturityaudit.com
Will you join companies &
agencies around the world?
#measurefest @paulrouke

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Maturing from Conversion Optimisation to Business Optimisation - Paul Rouke from PRWD

  • 1. Maturing from Conversion Optimisation to Business Optimisation #measurefest www.CROmaturityaudit.com @paulrouke
  • 2. #measurefest @paulrouke About PRWD & Me > Optimising digital experiences since 2003 > Specialists in CRO, user-centered redesigns and user research > Contributors to Econsultancy & CXL > Co-deliver MSc in Digital Marketing for Conversion Optimisation > Author of The Growth Strategy That’s Being Ignored > International Keynote Speaker
  • 4. 1. Why CRO ’s Value is Limited 2. The PRWD Solution 3. Client Success Story 4. The CTA What you’ll hear today @paulrouke#measurefest
  • 5. #measurefest @paulrouke What is Conversion Optimisation (CRO)? In internet marketing, conversion optimisation, or conversion rate optimisation (CRO) is a system for increasing the percentage of visitors to a website that convert into customers, or more generally, take any desired action on a webpage. It is commonly referred to as CRO.
  • 6. #measurefest @paulrouke 11 Reasons Why The Value of CRO is Often Limited 1. CRO is seen as just a tactic, rather than a growth strategy 2. There isn’t CEO and C-suite buy-in 3. Egotism and opinion drive decision making 4. Being “customer centric” is said, not really done 5. There isn’t a multi-disciplinary team 6. There is limited understanding of statistics 7. There is limited understanding of psychology 8. The business has a siloed mentality 9. The business has a fixed mindset 10. Experimentation isn’t embedded in to company culture 11. There is no improvement model or framework in place
  • 7. #measurefest @paulrouke The Conversion Optimisation Lightbulb Moment We are not just running experiments to optimise for conversion & revenue… We are introducing a mindset of customer centricity and experimentation across the entire business
  • 8. #measurefest @paulrouke The Challenge We All Have No clear guidelines No structure or framework No way to measure improvements No way to benchmark your business It is incredibly complex to change a business so that they embed customer centricity and experimentation. At PRWD we have found this is because there is:
  • 9. #measurefest @paulrouke The 4 Pillars of Conversion Optimisation Maturity 1.0 STRATEGY & CULTURE 2.0 TOOLS & TECHNOLOGY 3.0 PEOPLE & SKILLS 4.0 PROCESS & METHODOLOGY TRANSFORMATIVE 81-100 STRATEGIC 61-80 PROGRESSIVE 41-60 ASPIRING 21-40 BEGINNER 0-20
  • 10. #measurefest @paulrouke The Conversion Optimisation Maturity Model ™ #CROelite17 www.prwd.co.uk/maturitymodel
  • 11. #measurefest @paulrouke The 21 Assessment Points of the Maturity Model ™ 1.0 Strategy & Culture 1.01 Core Business Strategy 1.02 Business Mindset 1.03 Senior, Influential Champion 1.04 Continuous Learning 1.05 Product-Led versus Customer-Led 2.0 Tools & Technology 2.01 Analytics Tool Configuration 2.02 Voice of Customer & Behavioural Insight 2.03 Business-wide Access to Results & Learnings 2.04 Competence Operating the Testing Platform 3.0 People & Skills 3.01 Behavioural & User Research Resource 3.02 Data & Analytics Resource 3.03 UX Design Resource 3.04 Development Resource 3.05 Experienced Lead Strategist 3.06 Understanding of Statistics 4.0 Process & Methodology 4.01 Hypothesis Development 4.02 Test Prioritisation 4.03 Test Design Process 4.04 QA & UAT Process 4.05 Test Analysis 4.06 Test Results & Learnings Report
  • 12. #measurefest @paulrouke Audit Your Business in 10 Minutes www.CROmaturityaudit.com
  • 14. #measurefest @paulrouke Suntransfers vs 2017 Travel Industry Average TRANSFORMATIVE 81-100 STRATEGIC 61-80 PROGRESSIVE 41-60 ASPIRING 21-40 BEGINNER 0-20 75% Travel Industry Average 34%
  • 15. #measurefest @paulrouke Suntransfers Maturity Audit Scores 34% STRATEGY & CULTURE 33% TOOLS & TECHNOLOGY 34% PEOPLE & SKILLS 36% PROCESS & METHODOLOGY
  • 16. #measurefest @paulrouke 1.0 Strategy & Culture 1.01 Core Business Strategy 1.02 Business Mindset 1.03 Senior, Influential Champion 1.04 Continuous Learning 1.05 Product-Led versus Customer-Led 34% September 2016 ASPIRING 0 50 100
  • 17. #measurefest @paulrouke The Biggest Challenges To Overcome 1. Speed to resolve problems 2. Lack of internal resources / experience 3. Culture of senior management designing websites 4. No experience of testing 5. Lack of data or user insight 6. Little history of agency investment 7. Too many issues - where do we start?
  • 19. #measurefest @paulrouke Key Activities which Fuelled Growth & Mindset Change 1. In-depth 1-1 user research in months 1-2 2. Collaborative sketching & ideation in month 3 3. Engaged with the CTO to get full stack developer buy-in 4. The use of HotJar to provide intelligent, continuous feedback 5. A very bold, insight driven redesign of the mobile search form 6. Communication and collaboration with customer service team 7. Continuous JDI changes alongside simple to complex A/B tests +
  • 20. #measurefest @paulrouke Mobile Search Form Redesign CONTROL VARIATION +14.3% INCREASE IN TRANSACTIONS
  • 21. #measurefest @paulrouke What Led To Thinking “Business Optimisation”? ✓ Some truly fantastic test results, providing clear evidence as to the growth opportunities that exist across the customer experience ✓ Wider team engagement and results sharing, leading to the other departments becoming experimental ✓ A recognition of the importance of gaining continuous user feedback, embedding customer centric thinking ✓ A combination of both iterative and innovative thinking, often challenging what has been the standard business approach to date ✓ The rapid pace of change and momentum due to Suntransfers having a true growth mindset ✓ An inquisitive nature both internally and with PRWD, asking the question “what if we started optimising this area of the business?”
  • 22. #measurefest @paulrouke Suntransfers.com KPI Impact 2016-2017 -59% FUNNEL ABANDONMENT +7% CHANCE OF CONVERSION WITHIN 2 SESSIONS -12% DECREASE IN PAGES PER SESSION
  • 23. #measurefest @paulrouke Arresting the Rate of CR Decline from Traffic Growth
  • 24. #measurefest @paulrouke Suntransfers.com Business Growth 2016-2017 +36% REVENUE GROWTH +37% INCREASE IN TOTAL BOOKINGS +117% INCREASE IN MOBILE BOOKINGS
  • 26. #measurefest @paulrouke Suntransfers Maturity Audit Scores 69% STRATEGY & CULTURE 57% TOOLS & TECHNOLOGY 65% PEOPLE & SKILLS 62% PROCESS & METHODOLOGY
  • 27. #measurefest @paulrouke 1.0 Strategy & Culture - Maturity Improvements 0 50 100 1.01 Core Business Strategy 1.02 Business Mindset 1.03 Senior, Influential Champion 1.04 Continuous Learning 1.05 Product-Led versus Customer-Led 69% September 2017 STRATEGIC 1.01 Core Business Strategy 1.02 Business Mindset 1.03 Senior, Influential Champion 1.04 Continuous Learning 1.05 Product-Led versus Customer-Led 34% September 2016 ASPIRING 0 50 100
  • 29. #measurefest @paulrouke Year 2 = Business Optimisation at Suntransfers.com 1. Customer service optimisation 2. My account optimisation 3. Site performance optimisation 4. Operational efficiency optimisation 5. Acquisition investment optimisation 6. Country by country optimisation 7. Seasonality optimisation 8. LTV optimisation
  • 30. #measurefest @paulrouke What Potential does Conversion Optimisation have? Conversion optimisation has the potential to establish a mindset transformation within a business: maturing to becoming a truly customer centric organisation that embraces experimentation, innovation and long term thinking to outperform their competitors
  • 31. Audit your business or your clients in 10 minutes for FREE www.CROmaturityaudit.com Will you join companies & agencies around the world? #measurefest @paulrouke