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“We have come to earth to save humans from bad Conversion rates & Web sites that suck”

Conversion Hotel 2016 - John Ekman

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Page 1: Conversion Hotel 2016 - John Ekman

“We have come to earth to save humans from bad Conversion rates & Web sites that suck”

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Traffic Outcomes

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Your website is a leaky bucket

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Conversion Rate Optimization is born

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✓ Conversion Jam x 6 ✓ Conversion Manager x 200

+ 500 projects + 25 employees

A lot has happened since……

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We are nr 1!

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@conversionista Amsterdam Berlin Frankfurt London Munich Paris Stockholm Vancouver globaloptimizationgroup.com

>170 Conversion Experts in 10 countries

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© Andre Morys, Web Arts AG www.web-arts.comFRANKFURT - HAMBURG - MÜNCHEN@morys Amsterdam Berlin Frankfurt London Munich Paris Stockholm Vancouver globaloptimizationgroup.com

W. Edwards Deming

„If you can't describe what you are doing as a process, you don't know

what you're doing.“

„A bad system will beat a good person every time.“

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A process:whathow

sequence

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The Optimization

wheel

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What is the one thing Organizations never lack?

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And what is believed to be the source of the BEST ideas?

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So here is your process

Creativity Ideas H.I.P.P.O Your BIG

launch

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What are the problems with this “method”

Not data-driven

Unclear where ideas come from and what they are supposed to

achieve

Hit or miss

Not a repeatable process

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BIG problems

4 Data- Driven? Outcome-focused? Hit or miss! Process?

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Here’s our proposal

Creativity Ideas

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Here’s our proposal

Data Ideas

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Here’s our proposal

Data Hypotheses

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Ideas vs Hypotheses

An idea is a loosely formulated ambition

or direction with many possible

variations

An hypotheses is a structured idea that tells you: - Where it came from - How it’s supposed to work - What the intended result is

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The I.A.R. hypothesis formula

Insight

Action

Result

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apps.conversionista.se

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So this is our process

Data Hypotheses

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Our 4 BIG problems

We are data-driven

We focus on outcomes

There is something of a process

Still a “hit or miss” business

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What do these writers say?

“Validated learnings” “Empirical validation”

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Or in plain english

“Fire bullets. Then Canonballs.”

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The Optimization wheel

Data Hypotheses

Experiments

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Outputs

Data Hypotheses

Experiments

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Compare to Build-Measure-Learn

Data Hypotheses

Experiments

Data Ideas

Code

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Our 4 BIG problems

We are data-driven

We focus on outcomes

We have a process

We are agile

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Hey, we’re not done yet

Data Hypotheses

Experiments

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NEW problems

3 The Why? The right project? The unknown?

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The Optimization wheel

Data Hypotheses

Experiments

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The Optimization wheel

Data Hypotheses

Experiments

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The insights phase -

Understanding the Why

HypothesesData

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Psychology -

Bridging the gap

Data Hypotheses

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How data and hypotheses interact

Data Hypotheses

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How data and hypotheses interact

Data Hypotheses

You come up with rough hypotheses built on best practices,

previous experience etc.

Then you qualify them with data

Start here

1.

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Add to wishlist. Great tool, but…….

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Add to wishlist. Great tool, but…….

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What does the data say?

Converts like crazy Aint nobody got time for that

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How data and hypotheses interact

Data Hypotheses

You dig down in your data to find patterns, anomalies, outliers.

Then you form hypotheses of WHY those patterns exist.

Start here

2.

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Case - IP telephony WTF!

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Case - IP telephony

Flag

What you get

Check

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And then you repeat until you’re done

Data Hypotheses

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Psychology -

Bridging the gap

Data Hypotheses

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How do we know we have: - All the data we need - The right data?

Data

Experiments

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How do we know we have: - All the data we need - The right data?

Data

Experiments

Tools & Research

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Skistar (desktop) Eyetracking

Site catalystBig drop-off in the skipass purchase funnel

Eye trackingUser did not understand the pricing structure and decided to buy on arrival

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Form tracking

4,9 % Form conversion rate

63 % error rate

21 % refills on personnummer

1 ot of 3 is lost here

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How do we know we are testing our best hypotheses?

Hypotheses

Experiments

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How do we know we are testing our best hypotheses?

Hypotheses

Experiments

Prioritization

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Our 3 NEW problems

We know the WHY!

We prioritise our best projects!

We have the right data!

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Build-Measure-Learn

Data Hypotheses

Experiments

PrioritizationTools & Research

Insights

Data Ideas

Code

BuildMeasure

Learn

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Data Hypotheses

Experiments

PrioritizationTools & Research

Insights

HOW!!!?????

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Double loop testing

Design

DevelopDeploy & Monitor

Follow-up

Data Hypotheses

Experiments

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Do the maths

Estimated uplift

Testingtime

Tests per year

Compound Uplift

Beginner 5 %

Average Joe 10 %

Stellar 20 %

Based on 3000 daily visitors, 5% baseline conversion rate

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Do the maths

Estimated uplift

Testingtime

Tests per year

Compound Uplift

Beginner 5 % 138 days 3

Average Joe 10 % 35 days 10

Stellar 20 % 9 days 40

Based on 3000 daily visitors, 5% baseline conversion rate

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Do the maths

Estimated uplift

Testingtime

Tests per year

Compound Uplift

Beginner 5 % 138 days 3 16 %

Average Joe 10 % 35 days 10 250 %

Stellar 20 % 9 days 40 150 000 %

Based on 3000 daily visitors, 5% baseline conversion rate

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Shotgun testing

Alibi testing

One hit wonder testing

Double loop

testing

Testing velocity

Win rate

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Shotgun testing

Alibi testing

One hit wonder testing

Double loop

testing

Testing velocity

Win rate

Testing Blues

Testing Blues

Testing Blues

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General persuasion techniques

Customer journey

Behavioural typology

OUR customers (personas)

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The 6 questions a visitor will ask

Relevance Value

Trust Action

Ease Assurance

“Am I in the right place?”

“What can I do now?”

“Why should I do this, right here and right now?”

“Can I trust them?”

“How hard will this be?”

“If I do this now, what if….?”

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@morys Amsterdam Berlin Frankfurt London Munich Paris Stockholm Vancouver globaloptimizationgroup.com

R E D U C E F R I C T I O N R A I S E M O T I V AT I O N

Average Uplifts of Experiments

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The 6 questions a visitor will ask

Relevance Value

Trust Action

Ease Assurance

“Am I in the right place?”

“What can I do now?”

“Why should I do this, right here and right now?”

“Can I trust them?”

“How hard will this be?”

“If I do this now, what if….?”

Increase motivation

Reduce friction

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Explore

Evaluate

Finish

Confirm

Visitor goals

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Our classic funnel

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Our classic funnel

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The funnel became a shell

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Explore

EvaluateFinish

Confirm

The funnel became a shell

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Share

The acquisition gap

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Relevance

Persuasion Techniques““Am I in the right place?””

Relevance

Keeping the scent

Implicit codes

Limiting cognitive load/Choice paralysis

Brand recognition

E

EF

C

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4 Data- Driven! Outcome-focused! Hit or miss Process

3+

The Why! The right project! No unknowns!

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@conversionista Amsterdam Berlin Frankfurt London Munich Paris Stockholm Vancouver globaloptimizationgroup.com

Help me solve my toothbrush problem

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