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Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

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Keynote by Ton Wesseling, CEO of Testing.Agency - How to apply analytics within A/B-testing to maximize your growth. Conversion Conference London, October 30, 2014 and Berlin November 3, 2014. WIth the 7 step growth optimization model FACT & ACT Ton explains how you should use analytics to maximize your growth speed.

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Page 1: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

H o w t o a p p l y a n a l y t i c s w i t h i n A / B - t e s t i n g t o m a x i m i z e y o u r g r o w t h

C o n v e r s i o n C o n f e r e n c e L o n d o n , O c t o b e r 3 0 t h 2 0 1 4 To n W e s s e l i n g – C E O – Te s t i n g . A g e n c y

MAXIMIZE YOUR GROWTH

Page 2: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

Ton Wessel ing | @ TonW

Growth Hacker

Optimization Lunatic

Knowledge Lover

Page 3: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

Ton Wessel ing - @tonw

ü  More testing ü  Quality Assurance ü  Lower pricing

Page 4: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

Onl ine Exper iments – A/B-test ing

Winner!"

Variation B"

Variation A"

Default"

Page 5: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

Hyper l ink junky

Page 6: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

Digging through log fi les

Page 7: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

Trying to improve

Page 8: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

Over and over again

Page 9: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

That is:

0 / 1 Testing

Page 10: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

But i t should be l ike:

Page 11: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

Scient ific approach

A / B Testing Live Online Research

Page 12: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

Exper iments

“If you double the number of experiments you do per year

you’re going to double your inventiveness”

Jeff Bezos, CEO Amazon – 2004!

Page 13: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

Over and over again

Page 14: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

Growth l ike Amazon G

erm

an E

com

mer

ce m

arke

t, th

ank

you

Andr

é M

orys

Page 15: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

Growth

Page 16: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

Start-up wor ld

Page 17: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

They don’t have the t ime to do this:

Page 18: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

Invest ing in Start-ups

Page 19: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

Grow fast

Page 20: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

Or…

Page 21: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

Speed up – more exper iments

Page 22: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

Speed up – more people

Page 23: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

I t takes many exper iments to win

Page 24: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

Why is your visitor here?

Page 25: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

How can you

help your visitor

to fullfil his needs?

Page 26: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

I t ’s not about conversion opt imizat ion

Growth is about learning how to serve your v is i tors!

Page 27: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

Automate the non learning stuff !

Page 28: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

Test ing costs t ime

Use it to LEARN

Page 29: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

FA C T & A C T – 7 s t e p s t o l e a r n

&

Tell Conclude Analyze

Test Create Analyze Find

Page 30: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

And how we use Analyt ics

Page 31: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

FA C T & A C T

&

Tell Conclude Analyze

Test Create Analyze Find Find

Page 32: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

Set up your user journeys

Page 33: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

Create segments to report on journeys

Page 34: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

Translate them to funnels

Page 35: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

Entry / Exi t surveys

Page 36: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

Event tracking

Events

Pageviews

Sessions

User User

Session

Pageview Pageview

Session

Pageview

Event Event

Page 37: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

Compare segments

Page 38: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

Now you’ve got specific spots to opt imize

Page 39: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

FA C T & A C T

&

Tell Conclude Analyze

Test Create Analyze Find Analyze

Page 40: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

Enough traffic & conversions?

Page 41: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

Conversions v ia your opt imizat ion spot

Page 42: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

ABtestguide.com/calc

Page 43: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

Low significance levels

ü Big chance the winner is not a real winner

Page 44: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

Low power levels

ü Big chance a real winner is not recognized

Page 45: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

Tested percentage is a spread!

Page 46: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

Example test-setup

Page 47: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

Average power: 40%

Page 48: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

So:

Page 49: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

I f there is enough traffic to test

Page 50: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

On page behaviour

Page 51: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

More detai ls needed?

Page 52: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

Event flow report ing

Page 53: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

To have a clear v is ion what’s going on

Page 54: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

Combine th is with persuasion knowledge

Wheel-of-Persuasion.com

Page 55: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

FA C T & A C T

&

Tell Conclude Analyze

Test Create Analyze Find Test Create

Page 56: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

Now we use the A/B-tst ing software

Page 57: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

Front end development

Page 58: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

We measure in Google Analyt ics

Page 59: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

They do have analyt ics – but not enough

Page 60: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

I t a lso keeps you away from this fa i lure

Page 61: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

Event tracking var iat ion behaviour

Page 62: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

We can also use Google Tag Manager

Page 63: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

FA C T & A C T

&

Tell Conclude Analyze

Test Create Analyze Find

Analyze

Page 64: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

Another error warning:

ü You just go and dig unitil you find something (you will always find something that seems true BUT is not!)

Page 65: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

Analyze your fixed test length:

ü  With up front stated segments, conversion points and significance level

ü Custom reports

ü Google Analytics API

ü Excel plugins

Page 66: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

Not s ignificant

ü It’s not a winner, stop

ü But, it’s does not mean it’s a loser!

ü Average: 30% of your tests will have winners

Page 67: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

FA C T & A C T

&

Tell Combine Analyze

Test Create Analyze Find

Tell Conclude

Page 68: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

Conclude

ü Do nothing? or

ü Re-test? or

ü Implement? or

ü Scale? and

ü Continue or change test roadmap

Page 69: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

Knowledge l ibrary!

Page 70: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

Tel l !

I t ’s about learning how to serve your v is i tors!

Page 71: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

Exper iments

“If you double the number of experiments you do per year

you’re going to double your inventiveness”

Jeff Bezos, CEO Amazon – 2004!

Page 72: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

DIA

Data Insights Action

Page 73: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

Without act ion, no growth

Page 74: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

Be l ike Bi l l , and win!

Page 75: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

Happy test ing! G

erm

an E

com

mer

ce m

arke

t, th

ank

you

Andr

é M

orys

Page 76: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Ton Wesseling | @ TonW Maximize your growth #convcon

Page 77: Keynote Ton Wesseling - How to apply analytics within A/B-testing to maximize your growth

Tw i t t e r : To n W L i n k e d i n : To n W e s s e l i n g

E m a i l : To n . W e s s e l i n g @ Te s t i n g . A g e n c y

SLIDES - #convcon