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Building Insight Platforms that Drive Growth
1.
Understanding and responding
to customer failure Building £100M digital engagements
2.
06/04/2018 ©Good Growth
2018 Since we developed the world’s first trade-marked business process and wrote a best selling book on E-Commerce, we have been asked to work with global leading brands. Our NPS score is c. 8 out of 10 for 2017 ‘Wake up and smell the differences in the digital world we now find ourselves in! Chris and James very successfully educate, challenge and stimulate smart thinking and practical actions.‘ Feilim Mackle - Sales and Service Director O2/Telefonica 2
3.
Customer to Action®
achievements in the E-commerce sector c. 25% INCREASE In conversion rate of checkout from one test c. 30% INCREASE In account registration £120M INCREASE In global revenue over seven months of testing ` £13M INCREASE In revenue from one test £ c. 34% INCREASE In global conversion rate c. 40% INCREASE In conversion rate of product page c. 34% INCREASE In conversion rate to ticket sale on tablet c. 50% SUCCESS Rate over 65 split tests 06/04/2018 ©Good Growth 201806/04/2018 3
4.
06/04/2018 ©Good Growth
2018 We are a global E-Commerce consultancy with offices in Exeter and New York USA Our New York office looks after our clients headquartered in New York and Dallas Asia We deliver executive level organisational transformation programmes in Singapore and run optimisation for China UK Operating from our Europe office, we work in the UK, Germany, Spain, Italy, France, Luxembourg and Belgium Australia We support our clients across Australia South America We support our clients in Brazil Southern Asia We support our clients across Southern Asia South Africa We support our clients in South Africa 4
5.
Organisations don’t work
unless you align them carefully to your chosen business model How to make it happen….. 5
6.
Lesson 1: How
to manage stakeholders – decision roles, criteria and data 06/04/2018 ©Good Growth 201806/04/2018 6
7.
Example 1: How
to agree before you see the data 06/04/2018 ©Good Growth 201806/04/2018 7
8.
Lesson 2: How
to know where to strike 06/04/2018 ©Good Growth 201806/04/2018 8
9.
Example 2: Using
analytics, we build sales funnels to highlight where customers exit Sale 06/04/2018 ©Good Growth 201806/04/2018 9
10.
Lesson 3: Search
out the voice of the customer using ethnographic research to understand the real world setting 06/04/2018 ©Good Growth 201806/04/2018 10
11.
Example 3(a) :
How not to setup a survey 06/04/2018 ©Good Growth 201806/04/2018 11
12.
Example 3(b): How
to setup a survey that drives a better commercial outcome…. Q1 - Which of the following best describes your visit to the site today? A2 - Multiple choice, one answer with final choice other being an open- ender Q2 - Were you able to complete the purpose of your visit today? A3 - Multiple choice, one answer yes or no Q4a - What do you value most about the website? A4a - Text box with a maximum of 500 characters. Q4b - Please tell us why you were not able to fully complete the purpose of your visit today? A4b - Text box with a maximum of 500 characters. 06/04/2018 ©Good Growth 201806/04/2018 12
13.
Example 3(c): And
why it is more valuable 0 2 4 6 8 10 12 14 Current Conversion Rate? UK Avergae Conversion Rate (IMRG) Possible Customer Intent to Purchase (Good Growth Research) Percentage Performance 'v' Benchmarks 06/04/2018 ©Good Growth 201806/04/2018 13
14.
Lesson 4: Stay
ruthlessly commercial – test every change to copy and proposition 06/04/2018 ©Good Growth 201806/04/2018 14
15.
Example 4: Push
back on the creative agency ‘expert’ opinion…. 06/04/2018 ©Good Growth 201806/04/2018 15
16.
To be profitable
– play games 06/04/2018 16©Good Growth 2018
17.
06/04/2018 17 • The
insight informed issues were distilled into two hypotheses which drove our testing strategy 1. Findability 2. Execution • Wholesale revisions to multiple pages – Testing key promotions of new platforms simultaneously • Streamlining the users choice regarding platform and format – testing different ways to display presentation of game format and edition options on the product pages increased revenue by c. £1M per year • Modification of key products – radical revisions to execution of key product pages increased revenue by c. £500K per year Over 9 months of testing the total commercial value returned was c. £7.6M per year in additional revenue Based on GAME’s own reporting, our activity increased their annual revenue by one month worth of additional revenue Optimisation Strategy ©Good Growth 2018
18.
THANK YOU FEEL FREE
TO CONTACT US! t: e: w: +44 20 7183 0964
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