SlideShare a Scribd company logo
1 of 50
A Data Driven Digital Agency
We let Numbers and Science speak
Our solutions are always backed by data.
They’re not just personal opinions.
“They brought value into each stage of the project lifecycle…to drive
user engagement and sales.”
Tania Aidrus
Country Manager – Emerging Markets Google
A few Key Clients
Todays Speakers
Niroshan Samuel
Manager – Web Analytics
& Optimization
Malinda Senanayake
Senior Associate –
Digital Marketing
Duminda Sanjeewa
Senior Web Analyst
Optimization Is Compound Interest For Growth
~Pee Laja, Founder Conversionxl
Go Beyond the Website
The Success Cycle
Growth
Growing the number of users
Revenue
Increasing revenue
Product
Building/ Improving the product for to engage with
expected audience
What Success Really Means
Pick Your Top Metric
• Aligned with your business
• Measure Values for Users
• Is Summable
YouTube:
Number of videos watched
vs
Number of minutes watched
Tactics Vs Processes
Ideation Framework
 Research Papers
 Publications
Literature Review
 Psychology Theories
 Heuristics/Rule of thumb
 Information Architecture
 Visual Architecture
Neuro Persuasion
 Google Analytics
 Mouse tracking
 Eye tracking
 Video tracking
Web Analytics
 Third Party data analysis
 Surveys
 Observation
 Interview
 Content Analysis
 Focus group
Quantitative/Qualitative
Analysis
idea
Literature Review
Ecommerce Travel B2B Lead Gen
 Speed of delivery is the most
influencing factor
 Customers start with experience
type without exact experience in
mind
 Customer doesn't get exited
about the technology but
improving his business
efficiency.
Web Analytics
Ecommerce Travel B2B Lead Gen
 Visitors who watched YouTube
video convert better
 Visitors clicks on the logo
thinking it as a button
 TV buyer take 30+ days to
research
 Human image attacks the
human image before CTA
 Visitors who looked at gallery
convert better
 Only 5% scrolled to bottom of
the page up to the contact form
Quantitative/Qualitative Analysis
Ecommerce Travel B2B Lead Gen
 Return policy is more important
in fashion ecommerce
 Indian travellers prefer Indian
restaurants
 CXO love to engage with
industry news.
Neuro Persuasion
Ecommerce Travel B2B Lead Gen
 Instant gratification works better
“One more step to make this
yours”
 Loss aversion refers to people's
tendency to prefer avoiding
losses to acquiring equivalent
gains: it's better to not lose $5
than to find $5.
 Two call to action works better
than single call to action
There can be lots of great ideas. But it is important to
identify the priorities.
Frameworks for Prioritization
PIE framework ICE framework PXL Framework
There are frameworks which could be used to identify the priorities of an A/B test
PIE Framework
• Potential – How much improvement can be
made on the pages?
• Importance – How valuable is the traffic to the
pages? (amount of traffic, etc.)
• Ease – How complicated will the test be to
implement on the page or template?
ICE Score
• Impact – What will the impact be if
this works?
• Confidence – How confident am I
that this will work?
• Ease – What is the ease of
implementation?
PXL Framework
The key benefits:
• It makes any “potential” or “impact” rating more objective
• It helps to foster a data-informed culture
• It makes “ease of implementation” rating more objective
You need to get the help of a good A/B testing tool to
implement your idea in the site and test.
A/B Testing Tools
There are lots of great A/B testing tools available
Google Optimize
Optimize is the Google’s
solution for A/B testing and
personalization
Key Advantages
• Different experiment types
• It is Free to use • Easy integration with Analytics
• Comprehensive reporting
• Visual editor plus sophisticate code
editing capabilities
• Different targeting options
Limitations of the Free Version
• Limited concurrent testing (3 tests at a time)
• No Google Analytics audience targeting
• Limited multivariate testing (16 variations)
• Pre-selected experiment objectives –
• Google Optimize 360 allows you to go back and change the
experiment objective to see how the experiment would’ve impacted
other Google Analytics goals.
Main Interface
Experiment Window
Editing Interface
Setting up Targeting
Test Results
Test Results
Post-test analysis is an essential component of the A/B
testing lifecycle.
Use Google Analytics to analyze your test results and draw
conclusions.
It allows you to be more confident in your data and decision
making.
What if there are no clear differences between the
variations???
Next Step
If a clear winner is not found, it could be due to the incorrect hypothesis.
BUT…. Don’t come to a conclusion FAST…!
Correct Hypothesis but incorrect
implementation
Segment the test sample and analyze
Use GA to segment the test sample and analyze the test
results within the segment.
Examples:-
• Browser type
• Source type
• Device type
• Campaign type
• New vs. returning
• Men vs. women
• Age range
ReapDigital Case
Studies
Anchoring Effect
Anchoring is a cognitive bias that describes the common human
tendency to rely too heavily on the first piece of information offered
(the "anchor") when making decisions.
Our approach was to set the original price as the anchor and hence
the discounted price will be evaluated compared to the anchor.
22% improvement in conversions
ReapDigital Case Study
Control
Variation
Using Scarcity Principle
ReapDigital Case Study
15% improvement in conversions
Scarcity principle can be used to persuade people
whenever they are looking to buy products which
have lower quantities available.
Instant Gratification
Humans are hardwired to want things -- now. It’s called instant gratification, and it’s a powerful force. It can make people convert,
as long as you’re doing the right things.
We did a test to motivate the users’ selection in an ecommerce site with a positive note. It helped to improve the conversions
30% improvement in
conversions
ReapDigital Case Study
Isolation Effect
Hypothesis of the test was to make
the color of the CTA in the product
pages to stand out from the other
elements of the page.
A different color CTA has improved
CTR and ultimate conversions.
54% improvement in
conversionsReapDigital Case Study
Control Variation – with Green button
Descriptive Call-to-Actions
134% improvement in conversions
Control Variation #1 Variation #2 Variation #3
Removing Distractions
By removing the potential distractions in the important pages such as
checkout page assisted in improving the ultimate conversions.
Visitors’ focus should only go towards the most essential action of the
page.
8% improvement in conversions
ReapDigital Case Study
Control
Variation – Without Menu
Utilizing Analytics Data
By displaying the most visited sub-categories at the top of the category page have assisted users’ navigation and
reduced the bounce rate as well as improved the conversions.
Control Variation
15% improvement in conversions
Conversion Rate Optimization for Business Growth

More Related Content

What's hot

About user experience
About user experienceAbout user experience
About user experience
Ravi Singh
 

What's hot (20)

How To Build a Winning Conversion Optimization Strategy
How To Build a Winning Conversion Optimization StrategyHow To Build a Winning Conversion Optimization Strategy
How To Build a Winning Conversion Optimization Strategy
 
Revealing Behavior: Web Analytics Strategy 101
Revealing Behavior: Web Analytics Strategy 101Revealing Behavior: Web Analytics Strategy 101
Revealing Behavior: Web Analytics Strategy 101
 
Attribution Management: Common Myths & Misconceptions
Attribution Management: Common Myths & MisconceptionsAttribution Management: Common Myths & Misconceptions
Attribution Management: Common Myths & Misconceptions
 
How to Optimize for SaaS Retention | Masters of Conversion
How to Optimize for SaaS Retention | Masters of ConversionHow to Optimize for SaaS Retention | Masters of Conversion
How to Optimize for SaaS Retention | Masters of Conversion
 
Optimize Everything : A framework for solving your BIGGEST Problems Through O...
Optimize Everything : A framework for solving your BIGGEST Problems Through O...Optimize Everything : A framework for solving your BIGGEST Problems Through O...
Optimize Everything : A framework for solving your BIGGEST Problems Through O...
 
How Experimentation Plays a Role in PM by Expedia Sr. PM
How Experimentation Plays a Role in PM by Expedia Sr. PMHow Experimentation Plays a Role in PM by Expedia Sr. PM
How Experimentation Plays a Role in PM by Expedia Sr. PM
 
The Wall Street Journal - Optimizing Membership
The Wall Street Journal - Optimizing MembershipThe Wall Street Journal - Optimizing Membership
The Wall Street Journal - Optimizing Membership
 
Experimentation as a growth strategy: A conversation with The Motley Fool
Experimentation as a growth strategy: A conversation with The Motley FoolExperimentation as a growth strategy: A conversation with The Motley Fool
Experimentation as a growth strategy: A conversation with The Motley Fool
 
192 message maps-align product, marketing, and sales to delight customers w...
192   message maps-align product, marketing, and sales to delight customers w...192   message maps-align product, marketing, and sales to delight customers w...
192 message maps-align product, marketing, and sales to delight customers w...
 
Art of Conducting Visitor Research
Art of Conducting Visitor ResearchArt of Conducting Visitor Research
Art of Conducting Visitor Research
 
Cox Automotive: Testing Across Multiple Brands
Cox Automotive: Testing Across Multiple BrandsCox Automotive: Testing Across Multiple Brands
Cox Automotive: Testing Across Multiple Brands
 
Outperform Webinar Series: How to Optimize Your Checkout Flow & Engage Your C...
Outperform Webinar Series: How to Optimize Your Checkout Flow & Engage Your C...Outperform Webinar Series: How to Optimize Your Checkout Flow & Engage Your C...
Outperform Webinar Series: How to Optimize Your Checkout Flow & Engage Your C...
 
ALMA UX DESIGN
ALMA UX DESIGNALMA UX DESIGN
ALMA UX DESIGN
 
Zillow + Optimizely: Building the Bridge to $20 Billion Revenue
Zillow + Optimizely: Building the Bridge to $20 Billion RevenueZillow + Optimizely: Building the Bridge to $20 Billion Revenue
Zillow + Optimizely: Building the Bridge to $20 Billion Revenue
 
Navik Concept Test Overview Webinar
Navik Concept Test Overview WebinarNavik Concept Test Overview Webinar
Navik Concept Test Overview Webinar
 
The Art & Science of Standing Out in a Saturated Market
The Art & Science of Standing Out in a Saturated MarketThe Art & Science of Standing Out in a Saturated Market
The Art & Science of Standing Out in a Saturated Market
 
Optimizing Your B2B Demand Generation Machine
Optimizing Your B2B Demand Generation MachineOptimizing Your B2B Demand Generation Machine
Optimizing Your B2B Demand Generation Machine
 
Are You Ready To Move Towards Conversion Optimization?
Are You Ready To Move Towards Conversion Optimization?Are You Ready To Move Towards Conversion Optimization?
Are You Ready To Move Towards Conversion Optimization?
 
About user experience
About user experienceAbout user experience
About user experience
 
Reducing Revenue Churn Through Cross-Functional Optimization
Reducing Revenue Churn Through Cross-Functional OptimizationReducing Revenue Churn Through Cross-Functional Optimization
Reducing Revenue Churn Through Cross-Functional Optimization
 

Similar to Conversion Rate Optimization for Business Growth

Planning Innovations: Conjoint Analysis Slides
Planning Innovations: Conjoint Analysis SlidesPlanning Innovations: Conjoint Analysis Slides
Planning Innovations: Conjoint Analysis Slides
QuestionPro
 
Conversion Rate Optimisation and the art of Testing
Conversion Rate Optimisation and the art of Testing Conversion Rate Optimisation and the art of Testing
Conversion Rate Optimisation and the art of Testing
User Vision
 

Similar to Conversion Rate Optimization for Business Growth (20)

Planning Innovations: Conjoint Analysis Slides
Planning Innovations: Conjoint Analysis SlidesPlanning Innovations: Conjoint Analysis Slides
Planning Innovations: Conjoint Analysis Slides
 
Data-Driven UI/UX Design with A/B Testing
Data-Driven UI/UX Design with A/B TestingData-Driven UI/UX Design with A/B Testing
Data-Driven UI/UX Design with A/B Testing
 
Conversion Rate Optimisation and the art of Testing
Conversion Rate Optimisation and the art of Testing Conversion Rate Optimisation and the art of Testing
Conversion Rate Optimisation and the art of Testing
 
How to Master Product Management Case Studies by fmr Groupon PM
How to Master Product Management Case Studies by fmr Groupon PMHow to Master Product Management Case Studies by fmr Groupon PM
How to Master Product Management Case Studies by fmr Groupon PM
 
How to Run a Data Driven Product Dev Organization by Skedulo CPM
How to Run a Data Driven Product Dev Organization by Skedulo CPMHow to Run a Data Driven Product Dev Organization by Skedulo CPM
How to Run a Data Driven Product Dev Organization by Skedulo CPM
 
230286802015PPT.pptx
230286802015PPT.pptx230286802015PPT.pptx
230286802015PPT.pptx
 
Your smarter data analytics strategy - Social Media Strategies Summit (SMSS) ...
Your smarter data analytics strategy - Social Media Strategies Summit (SMSS) ...Your smarter data analytics strategy - Social Media Strategies Summit (SMSS) ...
Your smarter data analytics strategy - Social Media Strategies Summit (SMSS) ...
 
Leverage The Power of Small Data
Leverage The Power of Small DataLeverage The Power of Small Data
Leverage The Power of Small Data
 
Intro to Data Analytics with Oscar's Director of Product
 Intro to Data Analytics with Oscar's Director of Product Intro to Data Analytics with Oscar's Director of Product
Intro to Data Analytics with Oscar's Director of Product
 
What Your Customers Really Do Online: 5 Ways to Remove the Guesswork
What Your Customers Really Do Online: 5 Ways to Remove the GuessworkWhat Your Customers Really Do Online: 5 Ways to Remove the Guesswork
What Your Customers Really Do Online: 5 Ways to Remove the Guesswork
 
Conversion Whitepaper
Conversion WhitepaperConversion Whitepaper
Conversion Whitepaper
 
eBay Partner Network & Optimizely: Optimization Best Practices
eBay Partner Network & Optimizely: Optimization Best PracticeseBay Partner Network & Optimizely: Optimization Best Practices
eBay Partner Network & Optimizely: Optimization Best Practices
 
Analytics and Creativity
Analytics and CreativityAnalytics and Creativity
Analytics and Creativity
 
Clover Rings Up Digital Growth to Drive Experimentation
Clover Rings Up Digital Growth to Drive ExperimentationClover Rings Up Digital Growth to Drive Experimentation
Clover Rings Up Digital Growth to Drive Experimentation
 
Conversion Rate Optimisation - A fundamental part of your digital marketing s...
Conversion Rate Optimisation - A fundamental part of your digital marketing s...Conversion Rate Optimisation - A fundamental part of your digital marketing s...
Conversion Rate Optimisation - A fundamental part of your digital marketing s...
 
What Your Customers Really Do Online: 5 Ways to Remove the Guesswork
What Your Customers Really Do Online: 5 Ways to Remove the GuessworkWhat Your Customers Really Do Online: 5 Ways to Remove the Guesswork
What Your Customers Really Do Online: 5 Ways to Remove the Guesswork
 
Conversion Rate Optimization Master Class - Richard Fenner, Space Between
Conversion Rate Optimization Master Class - Richard Fenner, Space BetweenConversion Rate Optimization Master Class - Richard Fenner, Space Between
Conversion Rate Optimization Master Class - Richard Fenner, Space Between
 
Conversion Optimization Framework to Build Sustainable and Repeat Growth
Conversion Optimization Framework to Build Sustainable and Repeat GrowthConversion Optimization Framework to Build Sustainable and Repeat Growth
Conversion Optimization Framework to Build Sustainable and Repeat Growth
 
How to Balance Innovation and Optimization in your CRO program
How to Balance Innovation and Optimization in your CRO programHow to Balance Innovation and Optimization in your CRO program
How to Balance Innovation and Optimization in your CRO program
 
Presentations - Zarget CRO meetup 2017
Presentations - Zarget CRO meetup 2017Presentations - Zarget CRO meetup 2017
Presentations - Zarget CRO meetup 2017
 

Recently uploaded

Abu Dhabi Escorts Service 0508644382 Escorts in Abu Dhabi
Abu Dhabi Escorts Service 0508644382 Escorts in Abu DhabiAbu Dhabi Escorts Service 0508644382 Escorts in Abu Dhabi
Abu Dhabi Escorts Service 0508644382 Escorts in Abu Dhabi
Monica Sydney
 
Russian Escort Abu Dhabi 0503464457 Abu DHabi Escorts
Russian Escort Abu Dhabi 0503464457 Abu DHabi EscortsRussian Escort Abu Dhabi 0503464457 Abu DHabi Escorts
Russian Escort Abu Dhabi 0503464457 Abu DHabi Escorts
Monica Sydney
 
一比一原版奥兹学院毕业证如何办理
一比一原版奥兹学院毕业证如何办理一比一原版奥兹学院毕业证如何办理
一比一原版奥兹学院毕业证如何办理
F
 
原版制作美国爱荷华大学毕业证(iowa毕业证书)学位证网上存档可查
原版制作美国爱荷华大学毕业证(iowa毕业证书)学位证网上存档可查原版制作美国爱荷华大学毕业证(iowa毕业证书)学位证网上存档可查
原版制作美国爱荷华大学毕业证(iowa毕业证书)学位证网上存档可查
ydyuyu
 
在线制作约克大学毕业证(yu毕业证)在读证明认证可查
在线制作约克大学毕业证(yu毕业证)在读证明认证可查在线制作约克大学毕业证(yu毕业证)在读证明认证可查
在线制作约克大学毕业证(yu毕业证)在读证明认证可查
ydyuyu
 
哪里办理美国迈阿密大学毕业证(本硕)umiami在读证明存档可查
哪里办理美国迈阿密大学毕业证(本硕)umiami在读证明存档可查哪里办理美国迈阿密大学毕业证(本硕)umiami在读证明存档可查
哪里办理美国迈阿密大学毕业证(本硕)umiami在读证明存档可查
ydyuyu
 
一比一原版(Offer)康考迪亚大学毕业证学位证靠谱定制
一比一原版(Offer)康考迪亚大学毕业证学位证靠谱定制一比一原版(Offer)康考迪亚大学毕业证学位证靠谱定制
一比一原版(Offer)康考迪亚大学毕业证学位证靠谱定制
pxcywzqs
 

Recently uploaded (20)

Abu Dhabi Escorts Service 0508644382 Escorts in Abu Dhabi
Abu Dhabi Escorts Service 0508644382 Escorts in Abu DhabiAbu Dhabi Escorts Service 0508644382 Escorts in Abu Dhabi
Abu Dhabi Escorts Service 0508644382 Escorts in Abu Dhabi
 
Local Call Girls in Seoni 9332606886 HOT & SEXY Models beautiful and charmin...
Local Call Girls in Seoni  9332606886 HOT & SEXY Models beautiful and charmin...Local Call Girls in Seoni  9332606886 HOT & SEXY Models beautiful and charmin...
Local Call Girls in Seoni 9332606886 HOT & SEXY Models beautiful and charmin...
 
Russian Escort Abu Dhabi 0503464457 Abu DHabi Escorts
Russian Escort Abu Dhabi 0503464457 Abu DHabi EscortsRussian Escort Abu Dhabi 0503464457 Abu DHabi Escorts
Russian Escort Abu Dhabi 0503464457 Abu DHabi Escorts
 
Vip Firozabad Phone 8250092165 Escorts Service At 6k To 30k Along With Ac Room
Vip Firozabad Phone 8250092165 Escorts Service At 6k To 30k Along With Ac RoomVip Firozabad Phone 8250092165 Escorts Service At 6k To 30k Along With Ac Room
Vip Firozabad Phone 8250092165 Escorts Service At 6k To 30k Along With Ac Room
 
20240508 QFM014 Elixir Reading List April 2024.pdf
20240508 QFM014 Elixir Reading List April 2024.pdf20240508 QFM014 Elixir Reading List April 2024.pdf
20240508 QFM014 Elixir Reading List April 2024.pdf
 
20240507 QFM013 Machine Intelligence Reading List April 2024.pdf
20240507 QFM013 Machine Intelligence Reading List April 2024.pdf20240507 QFM013 Machine Intelligence Reading List April 2024.pdf
20240507 QFM013 Machine Intelligence Reading List April 2024.pdf
 
20240510 QFM016 Irresponsible AI Reading List April 2024.pdf
20240510 QFM016 Irresponsible AI Reading List April 2024.pdf20240510 QFM016 Irresponsible AI Reading List April 2024.pdf
20240510 QFM016 Irresponsible AI Reading List April 2024.pdf
 
一比一原版奥兹学院毕业证如何办理
一比一原版奥兹学院毕业证如何办理一比一原版奥兹学院毕业证如何办理
一比一原版奥兹学院毕业证如何办理
 
Nagercoil Escorts Service Girl ^ 9332606886, WhatsApp Anytime Nagercoil
Nagercoil Escorts Service Girl ^ 9332606886, WhatsApp Anytime NagercoilNagercoil Escorts Service Girl ^ 9332606886, WhatsApp Anytime Nagercoil
Nagercoil Escorts Service Girl ^ 9332606886, WhatsApp Anytime Nagercoil
 
Mira Road Housewife Call Girls 07506202331, Nalasopara Call Girls
Mira Road Housewife Call Girls 07506202331, Nalasopara Call GirlsMira Road Housewife Call Girls 07506202331, Nalasopara Call Girls
Mira Road Housewife Call Girls 07506202331, Nalasopara Call Girls
 
Story Board.pptxrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
Story Board.pptxrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrStory Board.pptxrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
Story Board.pptxrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
 
原版制作美国爱荷华大学毕业证(iowa毕业证书)学位证网上存档可查
原版制作美国爱荷华大学毕业证(iowa毕业证书)学位证网上存档可查原版制作美国爱荷华大学毕业证(iowa毕业证书)学位证网上存档可查
原版制作美国爱荷华大学毕业证(iowa毕业证书)学位证网上存档可查
 
2nd Solid Symposium: Solid Pods vs Personal Knowledge Graphs
2nd Solid Symposium: Solid Pods vs Personal Knowledge Graphs2nd Solid Symposium: Solid Pods vs Personal Knowledge Graphs
2nd Solid Symposium: Solid Pods vs Personal Knowledge Graphs
 
Tadepalligudem Escorts Service Girl ^ 9332606886, WhatsApp Anytime Tadepallig...
Tadepalligudem Escorts Service Girl ^ 9332606886, WhatsApp Anytime Tadepallig...Tadepalligudem Escorts Service Girl ^ 9332606886, WhatsApp Anytime Tadepallig...
Tadepalligudem Escorts Service Girl ^ 9332606886, WhatsApp Anytime Tadepallig...
 
在线制作约克大学毕业证(yu毕业证)在读证明认证可查
在线制作约克大学毕业证(yu毕业证)在读证明认证可查在线制作约克大学毕业证(yu毕业证)在读证明认证可查
在线制作约克大学毕业证(yu毕业证)在读证明认证可查
 
Trump Diapers Over Dems t shirts Sweatshirt
Trump Diapers Over Dems t shirts SweatshirtTrump Diapers Over Dems t shirts Sweatshirt
Trump Diapers Over Dems t shirts Sweatshirt
 
哪里办理美国迈阿密大学毕业证(本硕)umiami在读证明存档可查
哪里办理美国迈阿密大学毕业证(本硕)umiami在读证明存档可查哪里办理美国迈阿密大学毕业证(本硕)umiami在读证明存档可查
哪里办理美国迈阿密大学毕业证(本硕)umiami在读证明存档可查
 
一比一原版(Offer)康考迪亚大学毕业证学位证靠谱定制
一比一原版(Offer)康考迪亚大学毕业证学位证靠谱定制一比一原版(Offer)康考迪亚大学毕业证学位证靠谱定制
一比一原版(Offer)康考迪亚大学毕业证学位证靠谱定制
 
APNIC Policy Roundup, presented by Sunny Chendi at the 5th ICANN APAC-TWNIC E...
APNIC Policy Roundup, presented by Sunny Chendi at the 5th ICANN APAC-TWNIC E...APNIC Policy Roundup, presented by Sunny Chendi at the 5th ICANN APAC-TWNIC E...
APNIC Policy Roundup, presented by Sunny Chendi at the 5th ICANN APAC-TWNIC E...
 
20240509 QFM015 Engineering Leadership Reading List April 2024.pdf
20240509 QFM015 Engineering Leadership Reading List April 2024.pdf20240509 QFM015 Engineering Leadership Reading List April 2024.pdf
20240509 QFM015 Engineering Leadership Reading List April 2024.pdf
 

Conversion Rate Optimization for Business Growth

  • 1.
  • 2. A Data Driven Digital Agency We let Numbers and Science speak Our solutions are always backed by data. They’re not just personal opinions. “They brought value into each stage of the project lifecycle…to drive user engagement and sales.” Tania Aidrus Country Manager – Emerging Markets Google
  • 3. A few Key Clients
  • 4. Todays Speakers Niroshan Samuel Manager – Web Analytics & Optimization Malinda Senanayake Senior Associate – Digital Marketing Duminda Sanjeewa Senior Web Analyst
  • 5. Optimization Is Compound Interest For Growth ~Pee Laja, Founder Conversionxl
  • 6. Go Beyond the Website
  • 7. The Success Cycle Growth Growing the number of users Revenue Increasing revenue Product Building/ Improving the product for to engage with expected audience What Success Really Means
  • 8.
  • 9. Pick Your Top Metric • Aligned with your business • Measure Values for Users • Is Summable YouTube: Number of videos watched vs Number of minutes watched
  • 11.
  • 12.
  • 13. Ideation Framework  Research Papers  Publications Literature Review  Psychology Theories  Heuristics/Rule of thumb  Information Architecture  Visual Architecture Neuro Persuasion  Google Analytics  Mouse tracking  Eye tracking  Video tracking Web Analytics  Third Party data analysis  Surveys  Observation  Interview  Content Analysis  Focus group Quantitative/Qualitative Analysis idea
  • 14. Literature Review Ecommerce Travel B2B Lead Gen  Speed of delivery is the most influencing factor  Customers start with experience type without exact experience in mind  Customer doesn't get exited about the technology but improving his business efficiency.
  • 15. Web Analytics Ecommerce Travel B2B Lead Gen  Visitors who watched YouTube video convert better  Visitors clicks on the logo thinking it as a button  TV buyer take 30+ days to research  Human image attacks the human image before CTA  Visitors who looked at gallery convert better  Only 5% scrolled to bottom of the page up to the contact form
  • 16. Quantitative/Qualitative Analysis Ecommerce Travel B2B Lead Gen  Return policy is more important in fashion ecommerce  Indian travellers prefer Indian restaurants  CXO love to engage with industry news.
  • 17. Neuro Persuasion Ecommerce Travel B2B Lead Gen  Instant gratification works better “One more step to make this yours”  Loss aversion refers to people's tendency to prefer avoiding losses to acquiring equivalent gains: it's better to not lose $5 than to find $5.  Two call to action works better than single call to action
  • 18.
  • 19. There can be lots of great ideas. But it is important to identify the priorities.
  • 20. Frameworks for Prioritization PIE framework ICE framework PXL Framework There are frameworks which could be used to identify the priorities of an A/B test
  • 21. PIE Framework • Potential – How much improvement can be made on the pages? • Importance – How valuable is the traffic to the pages? (amount of traffic, etc.) • Ease – How complicated will the test be to implement on the page or template?
  • 22. ICE Score • Impact – What will the impact be if this works? • Confidence – How confident am I that this will work? • Ease – What is the ease of implementation?
  • 23. PXL Framework The key benefits: • It makes any “potential” or “impact” rating more objective • It helps to foster a data-informed culture • It makes “ease of implementation” rating more objective
  • 24. You need to get the help of a good A/B testing tool to implement your idea in the site and test.
  • 25.
  • 26. A/B Testing Tools There are lots of great A/B testing tools available
  • 27. Google Optimize Optimize is the Google’s solution for A/B testing and personalization
  • 28. Key Advantages • Different experiment types • It is Free to use • Easy integration with Analytics • Comprehensive reporting • Visual editor plus sophisticate code editing capabilities • Different targeting options
  • 29. Limitations of the Free Version • Limited concurrent testing (3 tests at a time) • No Google Analytics audience targeting • Limited multivariate testing (16 variations) • Pre-selected experiment objectives – • Google Optimize 360 allows you to go back and change the experiment objective to see how the experiment would’ve impacted other Google Analytics goals.
  • 36. Post-test analysis is an essential component of the A/B testing lifecycle.
  • 37.
  • 38. Use Google Analytics to analyze your test results and draw conclusions. It allows you to be more confident in your data and decision making.
  • 39. What if there are no clear differences between the variations???
  • 40. Next Step If a clear winner is not found, it could be due to the incorrect hypothesis. BUT…. Don’t come to a conclusion FAST…! Correct Hypothesis but incorrect implementation Segment the test sample and analyze
  • 41. Use GA to segment the test sample and analyze the test results within the segment. Examples:- • Browser type • Source type • Device type • Campaign type • New vs. returning • Men vs. women • Age range
  • 43. Anchoring Effect Anchoring is a cognitive bias that describes the common human tendency to rely too heavily on the first piece of information offered (the "anchor") when making decisions. Our approach was to set the original price as the anchor and hence the discounted price will be evaluated compared to the anchor. 22% improvement in conversions ReapDigital Case Study Control Variation
  • 44. Using Scarcity Principle ReapDigital Case Study 15% improvement in conversions Scarcity principle can be used to persuade people whenever they are looking to buy products which have lower quantities available.
  • 45. Instant Gratification Humans are hardwired to want things -- now. It’s called instant gratification, and it’s a powerful force. It can make people convert, as long as you’re doing the right things. We did a test to motivate the users’ selection in an ecommerce site with a positive note. It helped to improve the conversions 30% improvement in conversions ReapDigital Case Study
  • 46. Isolation Effect Hypothesis of the test was to make the color of the CTA in the product pages to stand out from the other elements of the page. A different color CTA has improved CTR and ultimate conversions. 54% improvement in conversionsReapDigital Case Study Control Variation – with Green button
  • 47. Descriptive Call-to-Actions 134% improvement in conversions Control Variation #1 Variation #2 Variation #3
  • 48. Removing Distractions By removing the potential distractions in the important pages such as checkout page assisted in improving the ultimate conversions. Visitors’ focus should only go towards the most essential action of the page. 8% improvement in conversions ReapDigital Case Study Control Variation – Without Menu
  • 49. Utilizing Analytics Data By displaying the most visited sub-categories at the top of the category page have assisted users’ navigation and reduced the bounce rate as well as improved the conversions. Control Variation 15% improvement in conversions