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Million Dollar Impact Through Metrics, Analytics, and A/B Testing

  1. NCR Confidential MILLION DOLLAR IMPACT THROUGH METRICS, ANALYTICS, AND A/B TESTING AZHAR BANDE-ALI SEPTEMBER 17, 2016
  2. NCR Confidential What will we talk about? • Who? • What is NCR? • The Product • How we use Google Analytics • Opportunity • Discovery • Buy-in • A/B test Questions
  3. NCR Confidential What will we talk about? AZHAR PM, NCR
  4. NCR Confidential Azhar Bande-Ali
  5. NCR Confidential
  6. NCR Confidential NCR POWERS WORLDWIDE, EVERY SECOND DOLLARS IN CASH GOES THROUGH NCR ATMs EACH YEAR NCR SERVICES ARE HERE TO SUPPORT OUR CUSTOMERS SPEAKING AND SPANNING FROM: THE WEST COAST OF THE US… …TO THE FAR EAST OF RUSSIA CONSUMERS USING FASTLANE SELFSERV CHECKOUTS SCAN EVERY YEAR – OVER 6 ITEMS FOR EVERY MAN, WOMAN AND CHILD ON EARTH. ON AVERAGE, AN AUTOMOBILE HAS NCR ACTIVELY MANAGES IN 2014 VISITED OUR EXECUTIVE BRIEFING CENTERS IN DULUTH, DUNDEE AND NYC TO LEARN HOW NCR IS SOLUTIONS NCR CONNECTED PAYMENTS CURRENTLY PROTECTS MORE THAN AND MORE THAN ANNUALLY (SPECIALIZES IN CLOUD, MOBILE eWALLET PAYMENTS) NCR SERVICES CENTERS RESPOND TO CUSTOMER INCIDENTS EACH YEAR ATM’S + APTRA SOFTWARE SERVE OVER MORE THAN TWITTER AND IPHONE COMBINED NCR FACILITATES EVERY SECOND
  7. NCR Confidential Product
  8. NCR Confidential
  9. NCR Confidential Product
  10. NCR Confidential Scorecard Metrics Sessions that end on page/Unique page visits Monitor each stage in ordering funnel Conversion Rate Drop Off Rate Return Rate Food industry standard: 10% Highlights areas of friction and confusion for users Most annoying metric of all Sessions with a transaction/Total Sessions Monitor weekly change Cohort: new transacting users between 5 and 4 weeks ago Repeat visits from cohort in last 4 weeks/ Cohort size
  11. NCR Confidential
  12. NCR Confidential Google Analytics • Ecommerce • Funnel Visualization • Events • Custom events not tracked by page views • Metrics • Conversion Rate • Drop-off Rate
  13. NCR Confidential Google Analytics Ecommerce & Goals Events
  14. NCR Confidential Opportunity
  15. NCR Confidential Ordering Funnel – Conversion Rate Select Location: 83% Select Pick Up Time: 85% Build Bag: 56%
  16. NCR Confidential Events • Track every action on menu page that could result in abandonment • Events can be a part of a Category, have Labels, and an Event Value • Careful! Can lead to analysis paralysis
  17. NCR Confidential AIDA Framework Exits % Interest: are users exploring? Submenu Events 5.26% Desire: are they interested in shopping? Add Item Events 18.22% Revenue: are users checking out? Checkout Events 23.84%
  18. NCR Confidential ROI ROI Improve by # transactions $ $ yearly Interest: are users exploring? Submenu Events 176.1 110 $3,303.73 $171,793.86 Desire: are they interested in shopping? Add Item Events 720.99 557 $16,713.02 $869,077.24 Revenue: are users checking out? Checkout Events 695.6 696 $20,868.00 $1,085,136.00
  19. NCR Confidential $1,085,136.00 How to get buy in from your boss and customers
  20. NCR Confidential A/B Test
  21. NCR Confidential Google Tag Manager • Inject “tags” to websites without needing a deployment • Add backdoor to your website
  22. NCR Confidential Google Analytics Experiments • Create experiment • Define variants • Use experiment ID to inject code via GTM
  23. NCR Confidential Current State Hypothesis: Making “Continue” button more prominent will improve the checkout conversion rate.
  24. NCR Confidential Variant 1 Remove “Cancel” button
  25. NCR Confidential Variant 2 Remove “Cancel” and change button text from “Continue” to “Checkout”
  26. NCR Confidential Results bit.ly/pcncr
  27. NCR Confidential Questions?
  28. NCR Confidential

Editor's Notes

  1. Survey: Google Analytics – beginner, intermediate, pro; Google Tag Manager: heard of it? NCR? Pitch: Every business has untapped revenue. At NCR, we were able to discover a million dollar opportunity by tracking product metrics, using analytics, and conducting A/B tests – all using tools that are available for free. My session is a case study of one such project and we will cover the framework, methodologies and tools we used that you can start using at your job starting Monday. The session is called “Million dollar impact through metrics, analytics, and A/B testing”. The number is 18. You can find it at …
  2. We’re going to cover two big things
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