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Ask questions and tell us what you learned on Twitter! #WebOpt14

Marketing Mashup: Top takeaways from Web Opt Summit 2014

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you have 30 minutes, we have all the highlights from Web Optimization Summit 2014 in New York City. Join Daniel Burstein, Director of Editorial Content, and Allison Banko, Reporter, both of MECLABS, as they distill the "need-to-knows" from sessions with organizations such as The Boston Globe, Harvard Business School and Ancestry.com. In this presentation, they'll cover the main takeaways from the stage, topics like: - Sustainable competitive advantage - Selling the intangible - Moving beyond the landing page - How, when and why minor changes have a major impact on conversions - And many more *Slides from this presentation will be sent to registrants at it's conclusion.

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Page 1: Marketing Mashup: Top takeaways from Web Opt Summit 2014

Ask questions and tell us what you learned on Twitter!

#WebOpt14

Page 2: Marketing Mashup: Top takeaways from Web Opt Summit 2014

Marketing Mashup: Top Takeaways from Web Opt Summit 2014

#WebOpt14

Page 3: Marketing Mashup: Top takeaways from Web Opt Summit 2014

Allison BankoReporterMECLABS@AllisonBanko

Daniel BursteinDirector of Editorial ContentMECLABS@DanielBurstein

Today’s speakers

Page 4: Marketing Mashup: Top takeaways from Web Opt Summit 2014

Ask questions and tell us what you learned on Twitter!

#WebOpt14

Page 5: Marketing Mashup: Top takeaways from Web Opt Summit 2014

Related resources

• Web Optimization: Can you repeat your test results?

• Customer-centric Marketing: How transparency translates into trust

• Web Optimization: Ancestry.com improves conversion 20% by reducing choice barriers

• Web Optimization: VacationRoost implements 2 testing methodologies to boost total conversion rates by 12%

• The Boston Globe: Discovering and optimizing a value proposition for content

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Page 7: Marketing Mashup: Top takeaways from Web Opt Summit 2014

Capture transferable insights

Web & Product Marketing Manager Accellos

Kait Vinson

Page 8: Marketing Mashup: Top takeaways from Web Opt Summit 2014

Capture transferable insights

Web & Product Marketing Manager Accellos

Kait Vinson

Need headline with value

Intensify the value of copy

Images of product

CTA needs more value

Need to focus the two CTAs

“Register Now”

implies no value

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Original

Capture transferable insights

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OriginalNew Design

Capture transferable insights

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OriginalNew Design

Capture transferable insights

56%Increase in conversion

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Testing and optimization cycle boosts conversion

Source: MarketingSherpa.com/ecommerce

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Poll: How do you want this webinar to go?A. Snapshot: Let’s go fast and get through a lot

B. Take it Slow: Let’s dive deep into a few key discoveries

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Michael Norton

Harvard Business School

Trust Through Transparency

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The submerged state

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Transparency

• Expressed a desire for larger government with more services

• Perceived the government to be doing a better job

• And even: Government often does a better job than it’s given credit for

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Page 21: Marketing Mashup: Top takeaways from Web Opt Summit 2014

Use transparency to:

• Get more credit from your partner

• Get more credit from your coworkers

• Help your customers understand all of the services you provide them

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Takeaway: Times haven’t changed that much since third grade math class –show your work to get full credit.

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Ryan HutchingsDirector of MarketingVacationRoost

How one company implements an entire testing methodology every day

The Nuts and Bolts

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What’s a good goal for bounce rates?

> 50%

40%-50% 30%-40%

< 30%

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What’s a good goal for CTR to the next page or step?

> 60%

50%-60%30%-50%

< 30%

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Determining a “good” conversion rate

Source: MarketingSherpa.com/ecommerce

Conversion rate was most frequently less than 15%, with

many responses below 1%

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Conversion goal results

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Control Treatment

Large Test: Lead forms 1

Security seals

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Control

Fail – no lift.

Large Test: Lead forms 1

Treatment

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Control Treatment

Large Test: Lead forms 2

Shorter form

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Control

Fail – no lift.

Large Test: Lead forms 2

Treatment

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Control Treatment

Large Test: Lead forms 3

Option to call

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Control Treatment

Fail – no lift.

Large Test: Lead forms 3

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Large Test: Lead forms

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Large Test: Lead forms

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Large Test: Lead forms

19% Lift

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Small Test: PPC landing pages

39

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Small Test: PPC landing pages

40

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Small Test: PPC landing pages

41

How can we reduce friction and

anxiety on this page?

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Small Test: PPC landing pages

42

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Small Test: PPC landing pages

43

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Small Test: PPC landing pages

44

427% increase in CTR

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Takeaway: Testing your webpages is like golf – you wonder why you put yourself through all of the “no lifts” until you finally get that win.

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Test Snapshot: VMware

Background: SMB Solutions Page features multiple products.

Objective: To increase Try, Buy and engagement clicks.

Primary Research Question: Will elevating vSphere Essentials and vCenterLog Insight above the fold with CTAs increase engagement?

Test Design: A/B test (Control vs. Variant B vs. Variant C) 33/33/33 split

Presenter: Cindy LuTitle: Sr. Marketing Manager, Digital Marketing StrategyCompany: VMware

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SMB: Identify and capitalize on quick winsControl Variant B: vSphere Essentials Hero

Variant C: vCenter Log Insight Hero

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Experiment 3: Results

What You Need to Understand: For a quick win, start with thinking about where low-hanging fruit opportunities can be found.

Buy Online CTRConversion

RateRelative

DifferenceLevel of

Confidence

Control Page 1.56% - -

Treatment A – vSphere Essentials “Get Pricing” CTA 16.50% 956.16% 98%

Treatment B – vCenter Log Insight “Buy Online” CTA 6.73 330.49%

956% increase in clickthrough Moving the CTA above the fold increased CTR 956%.

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From one-size-fits-all to customized experience

Offer Page Transformation

Emily TitcombSr. Manager, Product MarketingAncestry.com

Julia BabiarzSr. Interactive Art DirectorAncestry.com

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12

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13

Self-selectors Interrupted Browsers

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Self-selectors Interrupted Browsers

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Experiment 2New Template Design: Background

Objective: Replace the current high-performing Free Trial Deny page design with a template-based design, so that we can then target, customize and optimize.

Primary Research Question: Can we succeed with a total redesign of the Free Trial Deny page?

Test Design: A/B test – old design vs. new design

Research Notes: Since our “Interrupted Browsers” group is the largest, we decided to test the Free Trial Deny page first.

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Control Treatment: Template Format

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!

Experiment 2: Results

What You Need to Understand: We failed on our first attempt at a template design, but couldn’t isolate why.

Recipes Conversion % Lift

Control 2.57% -

Treatment 1 – New template design 2.38% -7.5%

7.5% decrease in conversion

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Experiment 3New Template Design Take 2: Background

Objective: Examine three different factors of the new template design in an attempt to isolate exactly why the new template design failed.

Primary Research Question: Can we figure out what factors matter most for conversion?

Test Design: 9-cell full-factorial test. Default vs. new template with three factors: button size, price placement and imagery placement

Research Notes:

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27

Button size:Standard vs. large

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Button size:Standard vs. large

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Button size:Standard vs. large

Price placement:Near CTA vs. far from CTA

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Button size:Standard vs. large

Price placement:Near CTA vs. far from CTA

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Button size:Standard vs. large

Price placement:Near CTA vs. far from CTA

Imagery placement:Side vs. top

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Button size:Standard vs. large

Price placement:Near CTA vs. far from CTA

Imagery placement:Side vs. top

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!

Experiment 3: Results

What You Need to Understand: Price placement was the most influential element on conversion.

Recipes Conversion

Control 1.93%

Standard Button, Price Top, Images Left 1.73%

Standard Button, Price Below, Images Left 1.94%

Standard Button, Price Below, Images Top 1.83%

Standard Button, Price Top, Images Top 1.66%

Large Button, Price Top, Images Left 1.69%

Large Button, Price Top, Images Top 1.66%

Large Button, Price Below, Images Top 1.77%

Large Button, Price Below, Images Left 1.80%

Conversion matched

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!

Experiment 3: Results

What You Need to Understand: Price placement was the most influential element on conversion.

Recipes Conversion

Control 1.93%

Standard Button, Price Top, Images Left 1.73%

Standard Button, Price Below, Images Left 1.94%

Standard Button, Price Below, Images Top 1.83%

Standard Button, Price Top, Images Top 1.66%

Large Button, Price Top, Images Left 1.69%

Large Button, Price Top, Images Top 1.66%

Large Button, Price Below, Images Top 1.77%

Large Button, Price Below, Images Left 1.80%

Conversion matched

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Deny Page Consistency and Template Format: The winning treatment

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Interrupted Browsers:Free Trial Deny

Deny Page Consistency and Template Format: The winning treatment

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Interrupted PastFree Trialers:Hard Offer Deny

Deny Page Consistency and Template Format: The winning treatment

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Upgraders:Upgrade Deny

Deny Page Consistency and Template Format: The winning treatment

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Upgraders:Upgrade Deny

Deny Page Consistency and Template Format: The winning treatment

10% lift

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Takeaway: Test multiple elements on your page to appeal to the multiple persona types visiting your site – never stop discovering things about your visitors.

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Test Snapshot: Publishers Clearing House

Objective: To convert unengaged visitors into engaged customers.

Primary Research Question: Will a simple, but attention-grabbing, header convince unengaged visitors to play a game?

Test Design: A/B split test

Presenter: Michael ZaneTitle: Sr. Director of Online MarketingCompany: Publishers Clearing House

Research Notes:

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Test Design: Runs for 7 days

Unengaged repeat visitor

Message drops from top after 2-second delay

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PCH.com: Control

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Hey there, Speedy! Don’t leave yet! We have winners every day, MichaelB – Play now and you could be one of them!

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Unengaged message variations

Hey there, Speedy! Don’t leave yet! We have winners every day, [username] – play now and you could be one of them!

FREE Money! Daily WINNERS Guaranteed! [username], how can you say no?

Is it a Bird? Is it a Plane? No, it’s [username] coming and going SO FAST! Slow down & play awhile – it could win you BIG CASH!

Money! Money! Money! We’re giving it away, [username] – Play Now!

We saw you left without playing last time, [username]. Don’t you want to win?

Don’t leave without playing our $2,500.00 Instant Win Scratch Cards, [username]! A BIG WIN could be just a few clicks away!

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36% lift in engaged usersCompared to the control

Engaging the Unengaged: Results

Initial test shows strong results, but they are only valuable if it can be repeated.

Size % Engaged

Control – No real-time messaging 152,634 14%

Treatment – Real-time messaging with in-line banner 273,198 19%

Lift 36%

!

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Experiment 1.2: Engaging with pop-up

Objective: To convert unengaged visitors into engaged customers using a different presentation of the messaging.

Primary Research Question: Can we improve on results of round 1 by using a pop-up instead of a banner?

Test Design: A/B split test

Experiment Research Notes:

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Test Design: Runs for 7 days

Unengaged repeat visitor

Message pops up in the center after 2-second delay

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-1.3% decrease in engaged usersCompared to the control

Experiment 1.2 Results

Experiment 1.2 wasn’t working, so it was stopped after four days.

Size % Engaged

Control – No real-time messaging 94,270 20.8%

Treatment – Real-time messaging with lightbox pop-up 118,977 20.5%

Lift -1.3%

!

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Test Snapshot: One Call Now

Presenter: Jacob BaldwinTitle: Digital Marketing ManagerCompany: OneCallNow.com

Background: My curiosity led me to test the Request a Quote button copy on our homepage.

Objective: To increase the number of people clicking the Request a Quote button.

Primary Research Question: Which button copy will produce the desired outcome?

Test Design: Sequential

Research Notes:

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Request For Quote: Control

84

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Request For Quote: Treatment

85

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Side by side

86

Original Treatment

vs.

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!

Experiment: Results

Having the right imagery matters!

Test Page Button Click Rate

Control – Stock image of older phone 1.98%

Treatment – Stock image of modern phone 3.88%

Relative Difference 95.96%

95% increase in conversion initiationLed to an 82% increase in number of quote requests.

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Peter DoucetteVP Consumer Sales & MarketingThe Boston Globe

How The Boston Globe moved beyond the landing page

Optimizing the Entire Business

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Optimization beyond the landing page –Beyond marketing Reporting

Printing

Delivery

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Live Newsroom Headline Test

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2 versions were tested

Did School Run by State Contractor Fail to Report Rape?

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Live Headline Test

OR go to MarketingSherpa.com/LivePoll

Police Allege Sex Assault in Walpole Not Reported

Did School Run by State Contractor Fail to Report Rape?

Text GlobeB to 22-333

Text GlobeA to 22-333

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My every intention is to push the kind of boldness and investment that will

make The Globe a laboratoryfor major newspapers across the country.

http://www.bostonglobe.com/opinion/2013/10/27/why-bought-globe/QmFHhvRGFajQh1oMcAJ64M/story.html

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Digital access price testing

Prices tested:• Control price point = $3.99

• T1 price point = $0.99

• T2 price point = $1.99

• T3 price point = $2.99

• T4 price point = $4.99

Each treatment featured a 99¢ trial offer for four weeks stepping to the full rate noted in the treatments.

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Digital Access Price Testing: Early results

36% increase in digital access subscriptionsThe $0.99 price point drove 36% more conversions than the control.

Treatment Conversion Samples Successes Failures

Control $3.99 1.65% 17,788 327 17,461

Treatment 1 $0.99 2.18% 18,061 453 17,608

Treatment 2 $1.99 1.95% 17,946 400 17,546

Treatment 3 $2.99 1.80% 17,988 367 17,621

Treatment 4 $4.99 1.47% 18,017 301 17,716

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Digital Access Price Testing: 52 week results

62% decrease in digital access revenueThe $0.99 price point drove 62% less conversions than the control.

Treatment Conversion Cancel Rate 52 Week Revenue Rev/Subscriber Rev/Visit

Control $3.99 1.84% 57% $45,189.15 $112.13 $2.09

Treatment 1 $0.99 2.51% 41% $17,172.54 $36.46 $0.77

Treatment 2 $1.99 2.23% 51% $26,048.01 $61.73 $1.18

Treatment 3 $2.99 2.04% 56% $31,611.53 $82.54 $1.44

Treatment 4 $4.99 1.67% 60% $39,386.81 $130.42 $1.80

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Digital access accordion checkout testing

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Digital access accordion checkout testing

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An accordion checkoutwas successful for

ASSUMPTION

Digital access accordion checkout testing

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Digital access accordion checkout testing

35% decrease in digital access revenueThe accordion checkout drove 35% less conversions than the control.

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That everything we’ve done has beensuccessful is not reality. Some thingsdid not meet our expectations.

and we apply to the next test.But we learn every time

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What our audience thought:

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What our audience thought:

At the end of the 30 minutes, B was leading!

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Takeaway: Optimization transcends marketing webpages – company-wide optimization is a paradigm shift toward a culture of learning and constant improvement.

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Test Snapshot: Panel

Presenter: Lauren PitchfordTitle: Sr. Optimization ManagerCompany: MECLABS

Background: Home delivery subscription has multiple delivery options such as daily, weekend, weekday, Sunday only.

Goal: To determine if reordering the delivery options would have an effect on the subscription mix and revenue.

Research Question: Which order of subscription options will yield the most revenue?

Test Design: A/B/C split test

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High2Low

Low2High

Popularity

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Which price order generated the most revenue?

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Results

! What You Need to Understand: By simply reordering the options displayed, we were able to significantly affect the product mix.

Design Revenue per Visit

Price high to low .4

Price low to high .5

Popularity .4

Relative Difference 20%

20% increase in revenue per visit (93% LOC)

Treatment 1 increased revenue per visit by 20%.

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Micahel Lykke AagaardSenior Conversion Optimization Consultant, Founder of ContentVerve.com

ContentVerve ApS/Atcore ApS

How, When and Why Minor Changes Have a Major Impact on Conversion

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“It’s not about making extensive changes – it’s about making the right changes.”

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- When they address critical friction in the conversion process

- When they are made strategically to prominent and/or mission-critical elements that directly impact the decision-making process of the prospect

114

Small changes have a major impact

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When do small changes have little or no impact?

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Hell no! Low motivation Hell yes! High motivationHmmm, maybe …

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Friction

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Landing Page

Email

PPC SEO

Banner

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38.46% more sign-ups

During the campaign, the treatment copy sold 38.46% more memberships.

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Mission-critical elements

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23.88% higher open rateStatistical confidence: 95%

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Control

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Treatment

Control

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31.95% more sales via product pagesStatistical confidence: 98%

Treatment

Control

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213.16% higher CTR Statistical confidence: 99%

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“It is not the magnitude of change on the ‘page’ that impacts conversion; it is the magnitude of change in

the ‘mind’ of the prospect.”

– Flint McGlaughlin, MECLABS

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Takeaway: Big impacts can come in the form of small changes, but these changes must be made to the right elements.

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One more test from Michael Aagaard …

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100% privacy - we will never spam you!

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Variant Conv. Rate Rel. Diff. Confidence

Control 2.03%

Treatment 1.65% -18.70% 96%

18.70% less sign-upsThe treatment with privacy policy decreased sign-ups.

Sample: 16,152 visitors

Conversions: 297

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We guarantee 100% privacy. Your information will not be shared.

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19.47% sign-upsStatistical confidence: 96%

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Selling the Intangible

Tim KachuriakChief Innovation & Optimization Officer

Next After

How e-commerce and subscription-based companies can learn to sell intangible value like nonprofit organizations

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The conference that changed my life.

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Experiment: My very first experiment

Experiment ID: NA00001Location: Next After Research LibraryTest Protocol: GWBPC01

Background: Email donor acquisition campaign for the George W. Bush Presidential Center.

Objective: To increase clickthrough, increase revenue.

Primary Research Question: Does this MECLABS stuff really work?

Test Design: Single-factorial A/B split test

Research Notes:

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Version A - Control Version B - Treatment

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Version A - Control

141% increase in clickthrough rate38% increase in revenue

Version B - Treatment

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Optimized

Original

141% increase in clickthrough

38% increase in revenue

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!

Experiment: Results

What You Need to Understand: Small changes to the right elements can produce dramatic results. By increasing the force of the value proposition, we inspired more clicks and received more donations.

Email Version CTR

Control – “Make a tax-deductible contribution” 0.8%

Treatment – “Become a charter member” 1.9%

Relative Difference 141.3%

141% increase in clickthrough rate38% increase in revenue.

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Strategic framework

When it comes to increasing online revenue, there are three primary strategies:

– Increase traffic

• Get more of the (right) people to show up

– Increase conversion rate

• Get more people to say, “Yes!”

– Increase average order value

• Get more people to say, “Heck yes!”

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You already sell intangible value every day.

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Experiment: The effect of value proposition on average donation

Experiment ID: NA01011Location: Next After Research LibraryTest Protocol: THF024

Background: The Heritage Foundation is a think tank in Washington, D.C.

Objective: To increase donation conversion rate.

Primary Research Question: How does value proposition effect conversion rate?

Test Design: Radical redesign A/B split test

Research Notes:

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TreatmentControl

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74% increase in donor conversion189% increase in average gift274% increase in revenue

TreatmentControl

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74% increase in donor conversion rate189% increase in average gift274% increase in revenue

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• Headline: Conveys value and vision

• Bulleted Copy: Provides reasons why you should give

• Embedded Quotes: Bolsters credibility

• Call-to-action and Donation Form: Introduced at the end of thought sequence when value has been clearly communicated

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Experiment: Results

What You Need to Understand: By increasing the force of the value proposition, not only did we get more people to say, “Yes,” and give a gift, but they said, “HECK YES!” and gave at a much higher level.

Email Version Avg. Gift

Control – Two column, donation form above the fold $37.50

Treatment – Single column, long form, donation below fold $108.30

Relative Difference 188.8%

189% increase in average donation74% increase in donation conversion rate.

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Takeaway: Optimization doesn’t always result in the most beautiful pages, but it does result in the most user-friendly experiences.

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Allison BankoReporterMECLABS@AllisonBanko

Daniel BursteinDirector of Editorial ContentMECLABS@DanielBurstein

Thank you!