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KEYNOTE PRESENTATION

KEYNOTE PRESENTATION - Brooks Bell · 2020-02-11 · 1. Hypothesis 2. Prior research (“Why”) 3. Make a prediction Exactly what’s going to happen to the metrics and segments

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Page 1: KEYNOTE PRESENTATION - Brooks Bell · 2020-02-11 · 1. Hypothesis 2. Prior research (“Why”) 3. Make a prediction Exactly what’s going to happen to the metrics and segments

KEYNOTE PRESENTATION

Page 2: KEYNOTE PRESENTATION - Brooks Bell · 2020-02-11 · 1. Hypothesis 2. Prior research (“Why”) 3. Make a prediction Exactly what’s going to happen to the metrics and segments
Page 3: KEYNOTE PRESENTATION - Brooks Bell · 2020-02-11 · 1. Hypothesis 2. Prior research (“Why”) 3. Make a prediction Exactly what’s going to happen to the metrics and segments
Page 4: KEYNOTE PRESENTATION - Brooks Bell · 2020-02-11 · 1. Hypothesis 2. Prior research (“Why”) 3. Make a prediction Exactly what’s going to happen to the metrics and segments

$92

$1

Companies typically spend

$92 to bring customers to

their site, but only $1 to

convert them.

http://www.cmo.com/articles/2010/8/18/the-online-retail-conversion-guide.html

Page 5: KEYNOTE PRESENTATION - Brooks Bell · 2020-02-11 · 1. Hypothesis 2. Prior research (“Why”) 3. Make a prediction Exactly what’s going to happen to the metrics and segments

1 Culture

2 Team

3 Tools & Systems

4 Process

5 Strategy

6 Performance

Page 6: KEYNOTE PRESENTATION - Brooks Bell · 2020-02-11 · 1. Hypothesis 2. Prior research (“Why”) 3. Make a prediction Exactly what’s going to happen to the metrics and segments

LEVEL

2.3

Page 7: KEYNOTE PRESENTATION - Brooks Bell · 2020-02-11 · 1. Hypothesis 2. Prior research (“Why”) 3. Make a prediction Exactly what’s going to happen to the metrics and segments

LEVEL 5

LEVEL 4

LEVEL 3

LEVEL 2

LEVEL 1

THE EXPERIMENTATION LANDSCAPE We can plot the experimentation landscape on a five level Maturity model.

Page 8: KEYNOTE PRESENTATION - Brooks Bell · 2020-02-11 · 1. Hypothesis 2. Prior research (“Why”) 3. Make a prediction Exactly what’s going to happen to the metrics and segments

THE EXPERIMENTATION LANDSCAPE

LEVEL 1 Characteristics:

ü  Testing tool ü  Under 10 tests ü  Simple ü  No dedicated team

LEVEL 1

Page 9: KEYNOTE PRESENTATION - Brooks Bell · 2020-02-11 · 1. Hypothesis 2. Prior research (“Why”) 3. Make a prediction Exactly what’s going to happen to the metrics and segments

THE EXPERIMENTATION LANDSCAPE

LEVEL 2 Characteristics:

ü  10 – 50 tests ü  Optimization manager ü  Ad hoc process & strategy ü  Some cultural traction

LEVEL 2

LEVEL 1

Page 10: KEYNOTE PRESENTATION - Brooks Bell · 2020-02-11 · 1. Hypothesis 2. Prior research (“Why”) 3. Make a prediction Exactly what’s going to happen to the metrics and segments

THE EXPERIMENTATION LANDSCAPE

LEVEL 3 Characteristics:

ü  50 – 200 tests ü  Center of excellence ü  Standardized process

and strategy ü  High internal demand

LEVEL 3

LEVEL 2

LEVEL 1

Page 11: KEYNOTE PRESENTATION - Brooks Bell · 2020-02-11 · 1. Hypothesis 2. Prior research (“Why”) 3. Make a prediction Exactly what’s going to happen to the metrics and segments

THE EXPERIMENTATION LANDSCAPE

LEVEL 4 Characteristics:

ü  200 – 1000 tests ü  Sophisticated strategy ü  High visibility ü  Partially decentralized

LEVEL 4

LEVEL 3

LEVEL 2

LEVEL 1

Page 12: KEYNOTE PRESENTATION - Brooks Bell · 2020-02-11 · 1. Hypothesis 2. Prior research (“Why”) 3. Make a prediction Exactly what’s going to happen to the metrics and segments

THE EXPERIMENTATION LANDSCAPE

LEVEL 5 Characteristics:

ü  Tech ü  1000s of tests ü  Data in their DNA ü  Fully decentralized ü  Internal platforms

LEVEL 4

LEVEL 3

LEVEL 2

LEVEL 1

LEVEL 5

Page 13: KEYNOTE PRESENTATION - Brooks Bell · 2020-02-11 · 1. Hypothesis 2. Prior research (“Why”) 3. Make a prediction Exactly what’s going to happen to the metrics and segments

THE EXPERIMENTATION LANDSCAPE Ultimately, level five is driven by unique needs and faces unique challenges. If our business doesn’t look like those already in level five, we probably shouldn’t look to it as a goal.

LEVEL 4

LEVEL 3

LEVEL 2

LEVEL 1

LEVEL 5

Page 14: KEYNOTE PRESENTATION - Brooks Bell · 2020-02-11 · 1. Hypothesis 2. Prior research (“Why”) 3. Make a prediction Exactly what’s going to happen to the metrics and segments

THE EXPERIMENTATION LANDSCAPE And at the same time, level one is much larger than all the other levels. In fact, most businesses that are testing fall into level one.

LEVEL 1

LEVEL 2

LEVEL 3

LEVEL 4

LEVEL 5

LEVEL 5

Page 15: KEYNOTE PRESENTATION - Brooks Bell · 2020-02-11 · 1. Hypothesis 2. Prior research (“Why”) 3. Make a prediction Exactly what’s going to happen to the metrics and segments

LEVEL 0

THE EXPERIMENTATION LANDSCAPE Then, there are the hundreds—thousands, even— of businesses that don’t test at all. Even level one represents many degrees of experimentation maturity greater than these level zero companies.

LEVEL 1

LEVEL 2

LEVEL 3

LEVEL 4

LEVEL 5

Page 16: KEYNOTE PRESENTATION - Brooks Bell · 2020-02-11 · 1. Hypothesis 2. Prior research (“Why”) 3. Make a prediction Exactly what’s going to happen to the metrics and segments

LEVEL Your goal should be to get to 4

Page 17: KEYNOTE PRESENTATION - Brooks Bell · 2020-02-11 · 1. Hypothesis 2. Prior research (“Why”) 3. Make a prediction Exactly what’s going to happen to the metrics and segments

WHY?

Page 18: KEYNOTE PRESENTATION - Brooks Bell · 2020-02-11 · 1. Hypothesis 2. Prior research (“Why”) 3. Make a prediction Exactly what’s going to happen to the metrics and segments

Experimentation should be about the customer

Page 19: KEYNOTE PRESENTATION - Brooks Bell · 2020-02-11 · 1. Hypothesis 2. Prior research (“Why”) 3. Make a prediction Exactly what’s going to happen to the metrics and segments

h"p://www.accenture.com/SiteCollec5onDocuments/PDF/Accenture-­‐Charming-­‐Digital-­‐Consumer-­‐Priori5es-­‐Todays-­‐Marketers.pdf  

MOST CONSUMERS ARE STILL FRUSTRATED WITH THEIR DIGITAL EXPERIENCE

Page 20: KEYNOTE PRESENTATION - Brooks Bell · 2020-02-11 · 1. Hypothesis 2. Prior research (“Why”) 3. Make a prediction Exactly what’s going to happen to the metrics and segments

1  Level 4 companies have a

CUSTOMER CENTRIC FOCUS

Page 21: KEYNOTE PRESENTATION - Brooks Bell · 2020-02-11 · 1. Hypothesis 2. Prior research (“Why”) 3. Make a prediction Exactly what’s going to happen to the metrics and segments

#1 Experimentation Goal ①  Customer-Centricity

Page 22: KEYNOTE PRESENTATION - Brooks Bell · 2020-02-11 · 1. Hypothesis 2. Prior research (“Why”) 3. Make a prediction Exactly what’s going to happen to the metrics and segments

Level 4 companies are

INNOVATING & GROWING

2  

Page 23: KEYNOTE PRESENTATION - Brooks Bell · 2020-02-11 · 1. Hypothesis 2. Prior research (“Why”) 3. Make a prediction Exactly what’s going to happen to the metrics and segments
Page 24: KEYNOTE PRESENTATION - Brooks Bell · 2020-02-11 · 1. Hypothesis 2. Prior research (“Why”) 3. Make a prediction Exactly what’s going to happen to the metrics and segments

“We’re moving towards using

experimentation to be the decision model we use

wherever experiments

can work…

And boy, they can work in

lots of cases.”

—Scott Cook, Chief Innovator, Intuit

Page 25: KEYNOTE PRESENTATION - Brooks Bell · 2020-02-11 · 1. Hypothesis 2. Prior research (“Why”) 3. Make a prediction Exactly what’s going to happen to the metrics and segments

D4D 1.  Deep CUSTOMER IMMERSION

2.  Rigorous TESTING

3.  Lightweight EXPERIMENTS

4.  Enlightened TRIAL & ERROR

5.  Fail FAST

6.  CONTINUOUS

7.  DOING

Page 26: KEYNOTE PRESENTATION - Brooks Bell · 2020-02-11 · 1. Hypothesis 2. Prior research (“Why”) 3. Make a prediction Exactly what’s going to happen to the metrics and segments
Page 27: KEYNOTE PRESENTATION - Brooks Bell · 2020-02-11 · 1. Hypothesis 2. Prior research (“Why”) 3. Make a prediction Exactly what’s going to happen to the metrics and segments

INTUIT IS BEING RECOGNIZED FOR INNOVATION

Page 28: KEYNOTE PRESENTATION - Brooks Bell · 2020-02-11 · 1. Hypothesis 2. Prior research (“Why”) 3. Make a prediction Exactly what’s going to happen to the metrics and segments

..and they’re growing quickly

Page 29: KEYNOTE PRESENTATION - Brooks Bell · 2020-02-11 · 1. Hypothesis 2. Prior research (“Why”) 3. Make a prediction Exactly what’s going to happen to the metrics and segments

WHAT’S THE PATH TO

LEVEL 4

Page 30: KEYNOTE PRESENTATION - Brooks Bell · 2020-02-11 · 1. Hypothesis 2. Prior research (“Why”) 3. Make a prediction Exactly what’s going to happen to the metrics and segments

4 habits to get to a Level 4

Culture

Team

Tech + Tools

Process

Strategy

Performance

Page 31: KEYNOTE PRESENTATION - Brooks Bell · 2020-02-11 · 1. Hypothesis 2. Prior research (“Why”) 3. Make a prediction Exactly what’s going to happen to the metrics and segments

4 habits to get to a Level 4

Culture

Team

Tech + Tools

Process

Strategy

Performance

Customer Centric

Center of Excellence

Standards

Company-wide impact

Page 32: KEYNOTE PRESENTATION - Brooks Bell · 2020-02-11 · 1. Hypothesis 2. Prior research (“Why”) 3. Make a prediction Exactly what’s going to happen to the metrics and segments

CULTURE Culture

Team

Tech + Tools

Process

Strategy

Performance

Customer Centric

To stay customer centric:

Design tests using simple, customer-oriented language

Page 33: KEYNOTE PRESENTATION - Brooks Bell · 2020-02-11 · 1. Hypothesis 2. Prior research (“Why”) 3. Make a prediction Exactly what’s going to happen to the metrics and segments

1.  Hypothesis

2.  Prior research (“Why”)

3.  Make a prediction Exactly what’s going to happen to the metrics and segments

(Ex. Bigger pictures drive more revenue)

(Ex. Bigger pictures will increase revenue by 5% for new visitors)

(Ex. Customers feel more confidence buying if they can see the details of the product)

Page 34: KEYNOTE PRESENTATION - Brooks Bell · 2020-02-11 · 1. Hypothesis 2. Prior research (“Why”) 3. Make a prediction Exactly what’s going to happen to the metrics and segments

Culture

Team

Tech + Tools

Process

Strategy

Performance

TEAM

To get buy-in to build a center of excellence:

Work on your influence skillset

Center of Excellence

Page 35: KEYNOTE PRESENTATION - Brooks Bell · 2020-02-11 · 1. Hypothesis 2. Prior research (“Why”) 3. Make a prediction Exactly what’s going to happen to the metrics and segments

Testing team leaders created tailored pitches for executives and decision-makers. By building support one person—one department—at a time, they managed to grow their own team and build a true “Center of Excellence.”

Page 36: KEYNOTE PRESENTATION - Brooks Bell · 2020-02-11 · 1. Hypothesis 2. Prior research (“Why”) 3. Make a prediction Exactly what’s going to happen to the metrics and segments

PROCESS Culture

Team

Tech + Tools

Process

Strategy

Performance To make it easier to train others:

Standardize intake and reporting

Standards

Page 37: KEYNOTE PRESENTATION - Brooks Bell · 2020-02-11 · 1. Hypothesis 2. Prior research (“Why”) 3. Make a prediction Exactly what’s going to happen to the metrics and segments
Page 38: KEYNOTE PRESENTATION - Brooks Bell · 2020-02-11 · 1. Hypothesis 2. Prior research (“Why”) 3. Make a prediction Exactly what’s going to happen to the metrics and segments

Culture

Team

Tech + Tools

Process

Strategy

Performance

PERFORMANCE

To generate more impact:

Establish program metrics & goals

Company-wide

impact

Page 39: KEYNOTE PRESENTATION - Brooks Bell · 2020-02-11 · 1. Hypothesis 2. Prior research (“Why”) 3. Make a prediction Exactly what’s going to happen to the metrics and segments

Know how success will be evaluated at your company

Revenue Lift

Consumer Learnings

Risk Reduction

Informed Decisions

Page 40: KEYNOTE PRESENTATION - Brooks Bell · 2020-02-11 · 1. Hypothesis 2. Prior research (“Why”) 3. Make a prediction Exactly what’s going to happen to the metrics and segments

1. Use simple, customer-oriented language

2. Work on influence skills

3. Standardize intake & reporting

4. Establish program goals

Culture

Team

Tech + Tools

Process

Strategy

Performance

Page 41: KEYNOTE PRESENTATION - Brooks Bell · 2020-02-11 · 1. Hypothesis 2. Prior research (“Why”) 3. Make a prediction Exactly what’s going to happen to the metrics and segments

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