77
Delivering profitable ‘A-ha!’ moments everyday.

Spring into Action Webinar: The A/B Testing Idea Engine

Embed Size (px)

Citation preview

Page 1: Spring into Action Webinar: The A/B Testing Idea Engine

Delivering profitable ‘A-ha!’ moments everyday.™

Page 2: Spring into Action Webinar: The A/B Testing Idea Engine

Mastering the A/B testing idea engine

Page 3: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

Chris Goward, Founder & CEO !  Developed WiderFunnel’s LIFT Model™ and

Infinity Optimization Process™

!  Advises clients on B2B, B2C, Lead Gen, E-commerce, and Affiliate marketing

!  In demand as a keynote speaker globally

!  Author of the book: “You Should Test That!”

Get a free chapter at: YouShouldTestThat.com

Page 4: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

One of you will win a free copy today.

Page 5: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

Page 6: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

Page 7: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

Page 8: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

This is called a HiPPO problem.

Page 9: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

Page 10: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

The future’s so bright...

Page 11: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

But there’s a problem...

Page 12: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

Page 13: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

Optimization requires humility

Page 14: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

Optimization champions

are zen marketing masters

They combine the yin & yang of marketing

Page 15: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

Proven Quantitative Logical Solid

Intuitive Qualitative

Inspired Fuzzy

Page 16: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

The best optimization process maximizes both creative and analytical thinking

Page 17: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

Infinity Optimization Process

Page 18: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

Explore

Combines diverse information through the lens of the customer experience. Generates surprising customer insights to be validated.

Page 19: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

TM LIFT Model

(Note: For more info, google �WiderFunnel Lift�)

Page 20: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

Page 21: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

Eye tracking heatmap

Page 22: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

!  Screencasting and video editing software

!  Conversion rate lift of 26% over 6 months

!  $2 Million revenue increase from optimization

Page 23: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

Distraction: Tiled images create a “false bottom,” blocking visitors from reaching feature copy

Distraction: Competing CTA’s with no price clarity

Page 24: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

" 11.5%

" 4.5%

Page 25: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

“ Tangible products must be intangibilized to add customer-getting appeal, and intangible products must be tangibilized.”

– Theodore Levitt

Page 26: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

" 26% sales lift

?

Page 27: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

Page 28: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

Store Logo

Clarity: Shoppers want to refine their results by color.

..but, inconsistent use of “color” and “palette” plus long list of color options creates cognitive load.

Page 29: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

Infinity Optimization Process

Page 30: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

Page 31: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

Validate

Confirms the efficacy of creative insights through rigorous A/B testing. Generates new insights based on surprising customer behaviour.

Page 32: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

?

Page 33: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

?

A B C

Page 34: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

Page 35: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

?

A B C

15.6% Lift 9.8% Lift 23.6% Lift

Page 36: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

Optimization is much more powerful than just website tweaks.

Page 37: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

!  Cel phone signal booster hardware

!  Full service Infinity Optimization Process

!  36% revenue lift after four months

Page 38: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

The ControlHomepage

Page 39: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

The Control

CLARITY: Based on scroll and heuristic analysis, the first block of content created a false bottom.

CLARITY: White/black text on dark purple hard to quickly read.

Homepage

VALUE PROPOSITION: Very crisp, clear value proposition messaging.

Visitors faced an extremely long page with clarity issues.

Page 40: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

“Cognitive strain makes people wary of their actions.”

– Daniel Kahneman

Page 41: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome source: NNGroup

Page 42: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

BJ Fogg Behavior Model

Page 43: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

Control Variation A Focused segmentation redesign v1

Page 44: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

Easy segmentation module.

Homepage Variation A

Best-selling products as secondary module to give idea of products available.

Will a more focused homepage reduce interaction costs and help visitors find the right product faster?

Page 45: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

Variation A Variation B Focused segmentation redesign v2 Focused segmentation redesign v1

Page 46: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

Homepage Variation B

Tabs provide more info for those who need it and provides data on engagement.

A more comprehensive redesign to test against Control.

Additional segmenting in top banner to at least differentiate between home shoppers and businesses.

Page 47: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

Variation A Variation B Focused segmentation redesign v2 Focused segmentation redesign v1

Control

... ... Product Sales: +15.8% +41.4%

Page 48: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

What does a happy client look like?

Page 49: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

Page 50: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

And that’s just the beginning�

Page 51: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

Category Page Test # 1 +18.8% Lift

Page 52: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

Category Page Test #2 +17.4% Lift

Page 53: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

Page 54: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

A/B testing can also reveal persuasional triggers

Page 55: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

•  Monthly mystery box of toys •  E-commerce subscription model •  Huge social fan base Goals •  Lift subscribers and profit •  Understand their customer

Page 56: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

Intrigue? Quality?

Fun? Value?

Social

Inclusion?

Page 57: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

You Should Test That!

Page 58: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

A B C # 7.7% " 0.6%

Page 59: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

A B C

Page 60: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

A B C " 14.1% " 8.9%

?

Page 61: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

Growth + Insights = Awesome

Page 62: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

Social Proof works For this audience and context!

Page 63: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

Prospects’

Desires

Your Features

Competitors’ Features

Your%%Points%of%Difference%%

(PODs)%Your%%Points%of%Parity%%

(POPs)%

Your%Points%of%Irrelevance%(POIs)%

Page 64: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome Your Customer?

Page 65: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

Infinity Optimization Process

Page 66: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

How does it look over time?

Page 67: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

Page 68: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

Page 69: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

Page 70: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

Page 71: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

Page 72: Spring into Action Webinar: The A/B Testing Idea Engine

Profitable ‘A-ha!’ moments everyday.™

Page 73: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

We partner with high performance brands to deliver profitable ‘A-ha!’ moments everyday.

Page 74: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

Page 75: Spring into Action Webinar: The A/B Testing Idea Engine

© 2007-2016 WiderFunnel Marketing Inc. Tweet this: @chrisgoward #awesome

Download a free chapter at: www.YouShouldTestThat.com Email your questions to: [email protected]

How to become an optimization champion?

Page 76: Spring into Action Webinar: The A/B Testing Idea Engine

Q&A $

Or email: [email protected]

Page 77: Spring into Action Webinar: The A/B Testing Idea Engine

Thank You! You will receive a recording of the webinar

in the next few days.