drat The Evolv Solution · insights on high- and low-performing ideas. Evolv continually takes...
Transcript of drat The Evolv Solution · insights on high- and low-performing ideas. Evolv continually takes...
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The Evolv SolutionContinuous Optimization Powered by Machine Learning
In today’s always-connected world,
businesses must deliver a digital experience
that engages online visitors, delivers
the information they seek, provides
effective conversion points, and minimizes
frustrations. This only becomes more
challenging when consumer behaviors
shift, competitors attack, and internal
strategies change.
Evolv helps businesses achieve significant
revenue growth and optimize toward their
most important key performance indicators
(KPIs), like higher revenue, by automatically
discovering, optimizing, and delivering the
best-performing digital experiences.
With Evolv, you’re able to experiment with
all of your great ideas and harvest your
gains immediately, realizing revenue gains
at a speed and scale not possible with
traditional testing tools.
Evolv’s breakthrough continuous
optimization solution, powered by machine
learning, explores thousands of possible
variations to identify winning combinations,
and then drives traffic to those winners.
This results in optimized experiences for
your consumers, and increased customer
satisfaction and retention for your business.
JUMP TO:
• MACHINE LEARNING Find out how to shorten the time it
takes to go from idea to results.
• PLATFORM
Explore the Evolv product and capabilities.
• EVOLV SERVICES Learn about our expert
services and support.
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2 THE EVOLV SOLUTION
EVOLV MACHINE LEARNINGAt the heart of Evolv Continuous Optimization is our proprietary machine
learning engine that:
Predicts winning ideas
and combinations at
scale to accelerate
revenue growth.
Explores and evaluates
all of your ideas while
directing traffic to
winning experiences.
Allows ideas to be
dynamically added and
removed at any time
without undermining the
results and the statistical
significance of those
results.
Progressively learns
which ideas perform
the best and then
algorithmically combines
ideas, improving results
over time even as
external conditions and
internal goals change.
Evolv’s machine learning engine does this through
a combination of massively wide-scale A/B testing,
combinatorial and predictive algorithms, and
automated causal inference. As a result, Evolv
helps you generate data on hundreds of ideas
simultaneously, continually improving the experience
for each customer as the machine learning models
self-optimize.
The Evolv platform successively uncovers experiences that outperform control, improves personalized targeting, and gives customers direction on where to explore new ideas.
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3 THE EVOLV SOLUTION
THE 3 PHASES OF MACHINE LEARNING
To explore, predict, and eventually identify the best experience while
directing traffic to experiences that have a higher likelihood for successful
gains, Evolv Machine Learning works in three key phases:
Evolv explores across the available ideas and
begins sending minimal traffic to identify promising
candidates across a broad search space. This helps
the system test individual ideas and gather data-driven
insights on high- and low-performing ideas.
Evolv continually takes those promising ideas in
combination and automatically refines the search
space, while using results to train the machine
learning model and set aside unsuccessful ideas.
Evolv’s predictive model then directs traffic to
the most promising experiences, improving the
model quickly and enabling you to harvest gains
immediately.
Evolv learns about the impact of changes and
evaluates which experiences succeed, and why.
Based on its collective learning, the machine
learning model automatically creates entirely new
combinations that will be highest performing.
Phase 1: Initialization & Baseline
Phase 2: Predictive
Phase 3: Generative Modeling
Sophistication:
Sophistication:
Sophistication:
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4 THE EVOLV SOLUTION
THE EVOLV PLATFORMEvolv provides a complete, end-to-end platform built on top of Evolv
Machine Learning.
API-FIRST TO LEVERAGE YOUR EXISTING ECOSYSTEM
Evolv’s solution is built to be API (application
programming interface)-first. It integrates your
existing tech stack to funnel existing ideas from other
systems, including your content management system
(CMS), digital asset management system (DAM), or
back-end server.
PRE-BUILT MODULES FOR FAST TIME-TO-VALUE
To quickly get value and leverage continuous
optimization, Evolv has a set of purpose-built
modules optimized to work across these APIs to
holistically drive continuous optimization end-to-
end — from setting up your goals, inputting your
ideas, and going live, to monitoring and measuring
the performing experiences and individual variant
performance.
EVOLV WEB EDITOR
The Web Editor module enables developers to
bring in and modify rich content for web-specific
experiences using familiar workflows and standard
developer languages including CSS and JavaScript.
The Web Editor (below) provides your team with
improved visibility and insight on the user experience
across the full set of ideas and individual variants,
along with rich quality assurance (QA) capabilities
before you go live.
Evolv Web Editor
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5 THE EVOLV SOLUTION
EVOLV OPTIMIZATION MANAGER
The Optimization Manager is your launching pad for optimization projects
with Evolv. With the Optimization Manager module, you can set up your
experiment across any funnel to optimize for any business goal or metric.
The Optimization Manager enables you to:
Optimization is always on, so there’s no waiting for
the previous test to finish. You’re able to also add new
pages to the experiment for full-funnel optimization,
as well as run multiple experiments concurrently
on the same pages. Once you prime the system
with your ideas, you’re able to manage and monitor
your ongoing experiments as the machine learning
platform does the heavy lifting.
Define your project goals Feed in as many ideas as you want using a visual editor
Update live projects with new ideas at any time
1 2 3
CONVERSION:
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6 THE EVOLV SOLUTION
DEEPER INSIGHTS WITH ANALYTICS & NEAR REAL-TIME REPORTING
Within the Optimization Manager, Evolv Analytics
enables you to track and measure precisely which
experiences and ideas are performing the best.
As experiences are continuously optimized, you’re
able to monitor, learn, and improve upon your most
recent baseline.
You can immediately see which experiences are
performing better than the baseline and their
projected conversion rates, as well as drill down
into individual experiences. This enables you to
learn what works and what doesn’t work in meeting
your optimization metrics, helping you generate
newer ideas.
In addition, with real-time variant-level reporting, you’re able to get granular visibility and insights into
how individual variants perform over time, as well as
how one variant compares to others. This helps you
determine which variants you may want to remove,
as well as which new ideas you may want to add.
Through our Reporting API, you are also able to
export Evolv’s events and results into third party
analytics systems such as Google Analytics for
integrated reporting and insights.
Evolv Combination
Analytics
Evolv Real-Time Variant Analytics
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7 THE EVOLV SOLUTION
Web Mobile
FLEXIBLE INTEGRATION LAYER
Server- Side
Third-Party Systems
FLEXIBLE INTEGRATION LAYER
CONTINUOUS OPTIMIZATION ACROSS THE FULL STACK
With Evolv’s purpose-built platform, API-first
approach, and software development kits (SDKs),
Evolv enables customers to run experiments across
the entire stack.
For web pages and sites, it’s as simple as pasting a
small JavaScript snippet
in the header of each
page.
For native mobile applications, developers
can use our iOS or
Android SDKs.
For server- or client-side experimentation, or for
experiments that need
to utilize third-party
systems or applications,
developers can leverage
Evolv-provided APIs.
JS Snippet APIiOS & Android SDK
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8 THE EVOLV SOLUTION
MANAGING THE OPTIMIZATION PROCESS WITH EVOLV
With Evolv, setting up your optimization project is
simple and seamless. The first step is to set up your
project with your ideas across an experience using
the Optimization Manager. This is followed by a
Review stage to ensure your experience is just the
way you want it before the final stage of going live.
Once your experience is live, continuous optimization
serves up the best experiences and drives traffic
towards them over time, and you’re able to add
additional ideas at any time.
DRAFT STAGE REVIEW STAGE LIVE STAGE
Set up your projectEnsure your projectis ready to go live Run your project
Draft Review Live
5251,234
Draft Review LiveDraft Review Live
Page HeadlineText
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9 THE EVOLV SOLUTION
A COMPLETE SOLUTION WITH EVOLV SERVICESAt Evolv, our goal is to ensure that each customer succeeds with a
complete end-to-end solution that includes Evolv Services, which perfectly
complement the Evolv Platform.
THE EVOLV CUSTOMER SUCCESS METHODOLOGY
Developed from experiences with dozens of
successful customers, the Evolv Customer Success
Methodology is a proven, value-based approach
to help new customers accelerate revenue gains
through continuous optimization. The methodology
works across three stages:
1. Pre-Experiment
In this first stage, you engage with Evolv before
you even begin your first experiment. Time is spent
establishing your goals and objectives as well as
baselining current experiences. You exit this stage
with a clear experiment plan and schedule.
2. Experiment Onboarding
Experimentation begins here, and Evolv will conduct
the initial 30-day experiment and train your team.
In the second part of this middle stage, your team
will handle experimentation while Evolv resources
provide guidance and oversight. Once you’re ready,
we hand everything off to your team.
3. Full Enablement
In the final stage, the prescribed 90-day experiment
plan is complete and you can work with Evolv to
develop your plan for continuous optimization. It is
at this point that you can begin to scale and ramp
up your continuous optimization projects across
multiple resources and departments as you see fit.
CUSTOMER ENABLEMENT
EVOLV GUIDANCE
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10 THE EVOLV SOLUTION
EVOLV EXPERT SERVICES
Evolv Expert Services are optional, value-added
offers that enable customers who do not have
dedicated testing and experimentation resources to
run optimization projects that can help them achieve
their conversion and revenue goals.
There are 3 available services designed to augment
your testing and optimization staff:
1. Planned Experiment. Evolv resources handle the
strategic discovery and ideation portion of the
experimentation methodology.
2. Executed Experiment. Evolv resources perform
the experimentation implementation and
execution.
3. Managed Experiment. A fully-managed, turnkey
experimentation program, including planning,
setup and implementation handled by Evolv
Expert Services.
Planned Experiment Executed Experiment Managed Experiment
PLANNING
UX Heuristic AuditWe’ll conduct a UX audit and help you identify top areas in your website or app’s user experience to improve.
● ●
Strategic DiscoveryWe’ll review your site and app analytics and help you figure out how to prioritize your experiments.
● ●
Test Scope CalculationBefore you start experimenting, we’ll help you learn how much time and traffic you’ll need.
● ●
IdeationAfter understanding your business needs, we’ll work with you to develop 20-25 ideas for experimentation.
● ●
ROI PlanWe’ll help you understand how successful experiments will impact your bottom line.
● ●
Test Plan (20 – 25 ideas)You’ll get a step-by-step guide to running your experiments with Evolv.
● ●
DELIVERY
InstrumentationWe’ll understand your business needs and processes, working together to ensure Evolv is fully integrated with the reporting and analytics platforms you use.
● ●
ImplementationSit back and relax — we’ll get your experiments set up, configured, and executed.
● ●
InterpretationOnce the results from an experiment are in, we’ll provide you with expert insights and help you understand what to do next.
● ●
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11 THE EVOLV SOLUTION
EVOLV SUPPORT SERVICES
Evolv Support Services provides the level of technical
support assistance and issue resolution that you
need, when you need it.
Essential Support
Essential Support is included with your active Evolv
license and provides access to online support
requests and your assigned customer success
manager. The Evolv knowledge base includes the
latest documentation and best practices.
Premium Support
In addition to what’s included in Essential Support,
Premium Support is an optional service that adds
24/7 access to support resources for critical issues
and live technology support with an expert for fast
resolution.
To learn more about Evolv Continuous Optimization
and schedule your first consultation, visit
evolv.ai/solution.
Essential Support Premium Support
Knowledge BaseBest practices, feature explanations, and documentation
● ●
Email SupportWork with our support experts during regular business hours.
● ●
Phone SupportTalk live with our support experts.
●
24x7 CoverageWork with our support experts during regular business hours.
●4-hour response time
Expedited Priority ResolutionEscalation response within 24 hours
●
Customer Success ManagerYour optimization partner backed by a team of technical experts
● ●
Developer SupportTechnical development and integration support
2 hours / month 10 hours / month
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12 © 2020 Evolv Technology Solutions, Inc. All rights reserved.
About Evolv
Evolv helps leading companies perfect the
customer experience by exploring all of their ideas,
everywhere, all the time. Evolv uses machine learning
to understand what’s working and what isn’t in
real time, so your experiences evolve as customer
behaviors and market conditions change.
Evolv’s breakthrough continuous optimization
solution, powered by machine learning, explores
thousands of possible variations to identify winning
combinations, and then drives traffic to those
winners. This results in optimized experiences for
your consumers, and increased customer satisfaction
and retention for your business.
We can help you increase sales by closing the
gap between your online and in-store shopping
experience to reduce customer frustration.
Learn more at evolv.ai
+1.415.444.9040