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Multichannel Online Optimisation
and Personalisation
Oren Cohen
Optimizely
How we Imagine our Conversion Funnel
The Plan
Revenue
Revenue
Per Visitor
Conversion
Rate
Length of
Funnel
Completion
Rate
Average
Order
Value
Quantity Price
Visitors
Retention
Email
Acquisition
Paid Organic
But in Reality…
The Implications
Checkout
Revenue
Per Visitor
Conversion
Rate
Length of
Funnel
Completion
Rate
Average
Order
Value
Quantity Price
Visitors
Acquisition Retention
Add To
Bag
Revenue
Per Visitor
Conversion
Rate
Length of
Funnel
Completion
Rate
Average
Order
Value
Quantity Price
Visitors
Acquisition Retention
Wishlist
Revenue
Per Visitor
Conversion
Rate
Length of
Funnel
Completion
Rate
Average
Order
Value
Quantity Price
Visitors
Acquisition Retention
Use Quantitative Analysis
15
20
1800
696
5428
16
35
2006
1023
5529
0 1000 2000 3000 4000 5000 6000
iOS App
Android App
Tablet
Mobile
Desktop
Sessions over 3 months, thousands
Traffic by Device / Platform Q1 2015
Q4 2014
0.00%
0.20%
0.98%
0.14%
3.40%
0.00%
0.19%
1.22%
0.18%
3.68%
0.00% 1.00% 2.00% 3.00% 4.00%
iOS App
Android
App
Tablet
Mobile
Desktop
Conversion Rate by Device / Platform Q1 2015
Q4 2014
Together with Qualitative Analysis
Get to Know your Customer’s Experience
Define the Journey  Define the Optimisation Roadmap
• Optimise first time user activation
• Improve in-app purchases
• Increase Desktop Revenue by
growing email customer base
• Optimise email registration
• Increase desktop traffic to take
advantage of higher conversion rates
• Optimise conversion funnel to
increase revenue
• Monitor email traffic source
• Target users registered through the
app for more app education
But What about
Personalisation?
The Basics: Think about the entire user experience
Checkout
Revenue
Per Visitor
Conversion
Rate
Length of
Funnel
Completion
Rate
Average
Order
Value
Quantity Price
Visitors
Acquisition Retention
Add To
Bag
Revenue
Per Visitor
Conversion
Rate
Length of
Funnel
Completion
Rate
Average
Order
Value
Quantity Price
Visitors
Acquisition Retention
Wishlist
Revenue
Per Visitor
Conversion
Rate
Length of
Funnel
Completion
Rate
Average
Order
Value
Quantity Price
Visitors
Acquisition Retention
Next: Target Specific Audiences
Checkout
Revenue
Per Visitor
Conversion
Rate
Length of
Funnel
Completion
Rate
Average
Order
Value
Quantity Price
Visitors
Acquisition Retention
Add To
Bag
Revenue
Per Visitor
Conversion
Rate
Length of
Funnel
Completion
Rate
Average
Order
Value
Quantity Price
Visitors
Acquisition Retention
Wishlist
Revenue
Per Visitor
Conversion
Rate
Length of
Funnel
Completion
Rate
Average
Order
Value
Quantity Price
Visitors
Acquisition Retention
Browsed
Men/Women
New Vs.
Purchased Before
Define the Journey  Define the Optimisation Roadmap
• Optimise first time user activation
• Improve in-app purchases
• Increase Desktop Revenue by
growing email customer base
• Optimise email registration
• Increase desktop traffic to take
advantage of higher conversion rates
• Optimise conversion funnel to
increase revenue
• Monitor email traffic source
• Target users registered through the
app for more app education
• Can I do it?
• Does it justify the overhead?
• Is it helpful or creepy?
Personalisation Challenges
• Optimise to support your business objectives
• Monitor the customer journey
• Walk before you run
• Everything is already possible (almost)
Takeaways
User Experience Optimisation
Revenue
Revenue
Per Visitor
Conversion
Rate
Length of
Funnel
Completion
Rate
Average
Order
Value
Quantity Price
Visitors
Retention
Email
Acquisition
Paid Organic

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Conversion Thursday (London) Multichannel online optimisation and personalisation

  • 1. Multichannel Online Optimisation and Personalisation Oren Cohen Optimizely
  • 2. How we Imagine our Conversion Funnel
  • 3. The Plan Revenue Revenue Per Visitor Conversion Rate Length of Funnel Completion Rate Average Order Value Quantity Price Visitors Retention Email Acquisition Paid Organic
  • 5.
  • 6. The Implications Checkout Revenue Per Visitor Conversion Rate Length of Funnel Completion Rate Average Order Value Quantity Price Visitors Acquisition Retention Add To Bag Revenue Per Visitor Conversion Rate Length of Funnel Completion Rate Average Order Value Quantity Price Visitors Acquisition Retention Wishlist Revenue Per Visitor Conversion Rate Length of Funnel Completion Rate Average Order Value Quantity Price Visitors Acquisition Retention
  • 7. Use Quantitative Analysis 15 20 1800 696 5428 16 35 2006 1023 5529 0 1000 2000 3000 4000 5000 6000 iOS App Android App Tablet Mobile Desktop Sessions over 3 months, thousands Traffic by Device / Platform Q1 2015 Q4 2014 0.00% 0.20% 0.98% 0.14% 3.40% 0.00% 0.19% 1.22% 0.18% 3.68% 0.00% 1.00% 2.00% 3.00% 4.00% iOS App Android App Tablet Mobile Desktop Conversion Rate by Device / Platform Q1 2015 Q4 2014
  • 8. Together with Qualitative Analysis Get to Know your Customer’s Experience
  • 9. Define the Journey  Define the Optimisation Roadmap • Optimise first time user activation • Improve in-app purchases • Increase Desktop Revenue by growing email customer base • Optimise email registration • Increase desktop traffic to take advantage of higher conversion rates • Optimise conversion funnel to increase revenue • Monitor email traffic source • Target users registered through the app for more app education
  • 11. The Basics: Think about the entire user experience Checkout Revenue Per Visitor Conversion Rate Length of Funnel Completion Rate Average Order Value Quantity Price Visitors Acquisition Retention Add To Bag Revenue Per Visitor Conversion Rate Length of Funnel Completion Rate Average Order Value Quantity Price Visitors Acquisition Retention Wishlist Revenue Per Visitor Conversion Rate Length of Funnel Completion Rate Average Order Value Quantity Price Visitors Acquisition Retention
  • 12. Next: Target Specific Audiences Checkout Revenue Per Visitor Conversion Rate Length of Funnel Completion Rate Average Order Value Quantity Price Visitors Acquisition Retention Add To Bag Revenue Per Visitor Conversion Rate Length of Funnel Completion Rate Average Order Value Quantity Price Visitors Acquisition Retention Wishlist Revenue Per Visitor Conversion Rate Length of Funnel Completion Rate Average Order Value Quantity Price Visitors Acquisition Retention Browsed Men/Women New Vs. Purchased Before
  • 13. Define the Journey  Define the Optimisation Roadmap • Optimise first time user activation • Improve in-app purchases • Increase Desktop Revenue by growing email customer base • Optimise email registration • Increase desktop traffic to take advantage of higher conversion rates • Optimise conversion funnel to increase revenue • Monitor email traffic source • Target users registered through the app for more app education
  • 14. • Can I do it? • Does it justify the overhead? • Is it helpful or creepy? Personalisation Challenges
  • 15. • Optimise to support your business objectives • Monitor the customer journey • Walk before you run • Everything is already possible (almost) Takeaways
  • 16.
  • 17. User Experience Optimisation Revenue Revenue Per Visitor Conversion Rate Length of Funnel Completion Rate Average Order Value Quantity Price Visitors Retention Email Acquisition Paid Organic