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How Do You Know… Designing Multi-Channel Campaign Tests That Optimize Your Budget Jim DeLash November 18, 2014

Eyeforpharma nov 2014 pres

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Page 1: Eyeforpharma nov 2014 pres

How Do You Know…

Designing Multi-Channel

Campaign Tests That

Optimize Your Budget

Jim DeLash

November 18, 2014

Page 2: Eyeforpharma nov 2014 pres

One version had a Conversion Rate 24.6% higher

than the other one

Page layout

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Moving registration to the right side form

increased the site’s Conversion Rate by 24.6%

Page layout

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How do you know?

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The right frequency

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The best subject line

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The optimal channel mix

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Designing successful multi-

channel tests requires….

Establishing hypotheses

Developing test strategies by

segment

Creating a measurement plan

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Establishing hypotheses

Statements to be proven

All tests must support a hypothesis

Extrapolating the results to other brands

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Low unaided recall scores for

advertising creative will require

additional frequency….

Establishing hypotheses

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Low unaided recall scores for

advertising creative will require

additional frequency….

Establishing hypotheses

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Low unaided recall scores for

advertising creative will require

additional frequency….

BUT HOW MUCH MORE?

Establishing hypotheses

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TEST…

More frequency in one channel

More frequency in multiple channels

Different levels of frequency

Establishing hypotheses

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TEST…

More direct mail or e-mail

More frequency in multiple channels

Different levels of frequency

Establishing hypotheses

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TEST…

More direct mail or e-mail

More direct mail and e-mail

Different levels of frequency

Establishing hypotheses

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TEST…

More direct mail or e-mail

More direct mail and e-mail

10 15 20

Establishing hypotheses

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TEST…

More frequency in one channel

More frequency in multiple channels

Different levels of frequency

Establishing hypotheses

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The best design is not always the best approach

Do not let design conflate the objective of an email or message

Every unnecessary piece of content is waste and reduces your

chances of getting a click

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Designing successful multi-

channel tests requires….

Establishing hypotheses

Developing test strategies by

segment

Creating a measurement plan

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Developing Test Strategies by

Segment

Specialist or Generalist

Current User or Prospect

Decile

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Awareness & Trial Offer

Developing Test Strategies by

Segment

Multiple

Brands Cadence

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What will we learn from this test….

1. Best frequency by Specialty and Quintile

2. One channel vs. Two channels (Segments 5,7,9)

3. Total frequency: 10 vs. 12 vs. 14

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Version B, the one with the ‘Save Now’ button, increased opt-ins

for logged-in users by 333% at a 99.9% confidence level.

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Designing successful multi-

channel tests requires….

Establishing hypotheses

Developing test strategies by

segment

Creating a measurement plan

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Control Groups

Measurement Milestones

Test Analysis

Creating a Measurement Plan

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There are only two ways to get

fired from Harrah’s:

stealing from the company,

or

failing to include a proper

control group in your business

experiment

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Control Groups…

Not a ‘holdout’ group

Must include all relevant variables

Large enough to be statistically valid

Creating a Measurement Plan

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Measurement Milestones…

Track progress against goal

Forecast test impact early

Connect KPIs with Rx impact

Creating a Measurement Plan

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Test Analysis…

Evaluate overall campaign impact

Both TRx and NRx

Creating a Measurement Plan

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How can an e-mail test be

successful with a low open rate?

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MICRO TESTS

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MICRO TESTS

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Version B, the subject line broken into three consumable

sections, increased opens by 73.7%.

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Version B, the ‘Get My Free Paper’ Call to Action,

increased downloads by 25% at a 95% confidence level.

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Version B, the ambiguous subject line, increased

opens by 112% at a 95% confidence rate.

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Designing successful multi-

channel tests requires….

Establishing hypotheses

Developing test strategies by

segment

Creating a measurement plan

Page 52: Eyeforpharma nov 2014 pres

What is the optimal number of

samples to offer in a multi-channel

campaign?

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So, how will you know?

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This is the last slide

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The Influence of Color

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21.4% Conversion

Rate improvement

with the red button

The Influence of Color

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Headline Copy

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Headline Copy

32.3%

Conversion Rate

improvement

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A Picture is Worth 1000 Words… But Which Picture? (Images)

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A Picture is Worth 1000 Words… But Which Picture? (Images)

The female model in the header convinced 108%

more visitors to fill out and submit the lead gen

form