Contenu connexe Similaire à You are the Catalyst: Optimization Champions’ Keys to Success (20) You are the Catalyst: Optimization Champions’ Keys to Success2. © 2007-2018 WiderFunnel Marketing Inc.
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You are the Catalyst: Optimization Champions’
Keys to Success
Chris Goward
Founder & CEO, WiderFunnel
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Experimentation
=/=
UX Improvements
Experimentation Drives:
Motivation
Insights
Business
Innovation
Delightful
Experiences
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> 35,000
experiments per
year
> 30 Billion
variant combos
live at once
> 15,000
experiments per
year
7,000-10,000
experiments per
year
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What creates great
experimentation programs?
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The 5 Fundamentals for
Experimentation Programs
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Your Experimentation PACET™
Proces
s
Accountability
Culture
Expertis
e
Technology
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“Most large organizations
embrace the idea of invention,
but are not willing to suffer the
string of failed experiments
necessary to get there.”
- Jeff Bezos
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Even in mature (Level 4)
organizations, optimizers say
experiments are
consistently derailed by
gut-feeling.
Source: “State of Experimentation Maturity 2018” research study by WiderFunnel, widerfunnel.com/research
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Proven
Quantitative
Logical
Solid
Intuitive
Qualitative
Inspired
FuzzyYang
Yin
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The experimentation mindset
should be embedded into your
process.
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“If you can’t describe what you are
doing as a process, you don’t know
what you are doing.”
-W. Edwards Deming
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Your Experimentation PACET™
Proces
s
Accountability
Culture
Expertis
e
Technology
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Harper Grubbs
Director of Digital Marketing
www.Heifer.com
An Optimization
Champion’s
Perspective
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Harper Grubbs
Director of Digital Marketing
www.Heifer.com
An Optimization
Champion’s
Perspective
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Explore
Your visitors convert in
their minds before they
convert with their click.
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Self-consistency Bias
We like to keep consistent with what
we think, say and do, and will change
to ensure this is so.
- Cialdini, Influence.
(2006)
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Cognitive Dissonance
Cognitive Dissonance is mental stress
experienced when a person holds
contradictory beliefs, or acts in
contradiction to existing beliefs.
- Leon Festinger
(1957)
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Is this the right idea to start with?
Let’s ask PIE
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PIE Prioritization Framework
Potential
How much improvement
can be made?
Ease
How easy would it be to
make these
improvements?
Importance
How much impact can
these improvements have
on our business goals?
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PIE tells you where to experiment first
Lift Zone #1 8 7 7 7.3
Lift Zone Potential Importance Ease PIE Score
Web analytics
Heuristic & first impression analysis
Voice of customer
Revenue impact
Experimentation velocity
Cost of acquisition
Technical
“Political”
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PIE tells you which ideas to prioritize
Hypothesis #1 3 7 9 6.3
Hypothesis Potential Importance Ease PIE Score
Digital Analytics evident
User Testing & Research evidence
Informed by Persuasion Principles
Drives a True North metric
Revalidates Past Insight
Informs Business Insight
Technical
“Political”
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Conversion Rate: +1.97%
Average donation value: +3.07%
Revenue per visitor: +5.10%
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14% of visitors
68% of donors
86% of visitors
32% of donors
Selected
“Regular Donor”
Selected
“Occasional Donor”
Selected
“First Time Donor”
Non-Responders
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Heifer can use this consumer insight
throughout all of their marketing.
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And, we can optimize Personalized
data-informed experiences.
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Source: “State of Experimentation Maturity 2018” research study by WiderFunnel
Persuasion principles are overlooked by many
organizations
24% 80%
at the Level 1 Initiating
maturity level…
at the Level 4 Scaling
maturity level…
…are experimenting with persuasion principles
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Your Experimentation PACET™
Proces
s
Accountability
Culture
Expertis
e
Technology
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Nate Wallingsford
Head of US Marketing
Operations and Optimization
www.Fool.com
An Optimization
Champion’s
Perspective
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Nate Wallingsford
Head of US Marketing
Operations and Optimization
www.Fool.com
An Optimization
Champion’s
Perspective
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Business
Goals
Growth
Goals
Experiment
Goals
The Goals
Waterfall
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Johnny Russo
Associate Vice President,
Digital Marketing &
E-commerce
www.Marks.com
An Optimization
Champion’s
Perspective
48. © 2007-2018 WiderFunnel Marketing Inc.
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Johnny Russo
Associate Vice President,
Digital Marketing &
E-commerce
www.Marks.com
An Optimization
Champion’s
Perspective
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True North Metric Examples
New users who make 10 friends in 7 days.
Number of nights booked per guest.
Teams who send 2,000+ messages.
Weekly Active Repinners.
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Your Experimentation PACET™
Proces
s
Accountability
Culture
Expertis
e
Technology
51. © 2007-2018 WiderFunnel Marketing Inc.
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Johnny Russo
Associate Vice President,
Digital Marketing &
E-commerce
www.Marks.com
An Optimization
Champion’s
Perspective
52. © 2007-2018 WiderFunnel Marketing Inc.
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Average # of team members dedicated to optimization
Initiating maturity level (Level 1 of 5)
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Average # of team members dedicated to optimization
Scaling maturity level (Level 4 of 5)
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Your Experimentation PACET™
Proces
s
Accountability
Culture
Expertis
e
Technology
55. Discover how your experimentation program
stacks up
Get the new research report
Go to:
WiderFunnel.com/opticon2018