Negative Lifts: How a 24% loss produced a 141% increase in conversion
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Transcript of Negative Lifts: How a 24% loss produced a 141% increase in conversion
Negative Lifts: How a 24% loss produced a 141% increase in conversion
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Today’s team
Dr. Flint McGlaughlinManaging Director
Jon PowellSenior Research Manager
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Background and test design
Background: RegOnline is event management software that lets users create online registration forms and event websites to manage their events.
Goal: To increase number of completed leads on home page.
Primary research question: Which page will achieve the greatest addressable lead rate?
Approach: A/B multifactor split test
Experiment ID: RegOnline Homepage TestLocation: MarketingExperiments Research LibraryTest Protocol Number: TP1427
Research Notes:
�
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Homepage Step 1Experiment: Control
•Testimonials
•Lead form
•Screenshots
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Experiment: Control
Homepage Step 2
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Experiment: Treatment Homepage Step 1
• Clarified the Value Proposition of the offer to emphasize Free Access.
• Reduced form fields in first step to capture more partial leads.
• Reduced friction by matching flow to thought sequence.
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Experiment: Treatment
Homepage Step 2
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Experiment: Treatment
Homepage Step 3
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Experiment: Side-by-sideControl Treatment
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Versions Conversion Rate Rel. diff
Control – Two-step home page 2.3% -
Treatment – Three-step home page 1.7% -24.5%
24.5% Decrease in Conversion The Treatment generated 24.5% less completed leads
What you need to understand: In spite of having clearer value and reducing the amount of form fields in the first-step the control still out-performed the treatment.
Experiment: Results
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Background: RegOnline is event management software that lets users create online registration forms and event websites to manage their events.
Goal: To increase number of completed leads on home page.
Primary research question: Which process will yield a higher conversion rate?
Approach: A/B multifactor split test
Experiment ID: RegOnline Homepage TestLocation: MarketingExperiments Research LibraryTest Protocol Number: TP1428
Research Notes:
�Experiment 2: Background and test design
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Experiment 2: Side-by-sideControl Treatment
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Versions Conversion Rate Rel. diff
Control 0.3% -
Treatment 0.5% 89.8%
89.8% Increase in Conversion The Treatment generated 89.8% more completed leads
What you need to understand: Using what we learned in previous tests, we directed the flow of the visitor’s thought sequence through the value before revealing the price. This is what gave us our lift.
Note: After further testing, we were finally able to increase conversion on the homepage by 141%
Experiment 2: Results
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F Key Principles
A. The goal of a test is not to get a lift, but rather to get a learning
B. To achieve the maximum amount of learning, your tests should be designed around two key elements:
1. A research question
How did we turn this loss into a lift?
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Test Protocol Section 1
1. Question
1. < Final research question… >
u = 2q + t + m+ 2v + i ©
Part 1: The research question
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Definition: The research question
The Research Question:
A research question is a behavioral question expressed in a factorial split so it must begin with “which.”
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Example #1:
Not this..
What is the best price for product X?
But this…
Which of these three price points is best for product X?
Example #2:
Not this..
Why am I losing customers in the last step of my checkout process?
But this…
Eliminating which form element best reduces customer drop-off?
Examples: The research question
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How would you refine the following research questions??1. What is the best headline for my landing page?
2. How many objectives should I have on my homepage?
The research question
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F Key Principles
A. The goal of a test is not to get a lift, but rather to get a learning
B. To achieve the maximum amount of learning, your tests should be designed around two key elements:
1. A research question
2. A theory question
What we discovered
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Definition: The theory question
The Theory Question:
The theory question is a broader question about your customer that is derived from asking “WHY” of the research question.
The answer to the theory question should contribute to a wider understanding of your customer.
Our researchers call this the Customer Theory.
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Chart: Marketers don’t validate results
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Which? Why? What?
Research Question Theory Question
Theory Question: Behavior reflects identity
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Value Proposition Question:
If I am your ideal customer, why should I buy from you rather than your competitors?
Which? Why? What?
Research Question Theory Question
Theory Question: Behavior reflects identity
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€Value Proposition Question:
If I am your ideal customer, why should I buy from you rather than your competitors?
Which? Why? What?
Research Question Theory Question
Theory Question: Behavior reflects identity
Ideal Customer
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€Value Proposition Question:
If I am your ideal customer, why should I buy from you rather than your competitors?
Which? Why? What?
Research Question Theory Question
Theory Question: Behavior reflects identity
Ideal Customer
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€Ideal Customer
Value Proposition Question:
If I am your ideal customer, why should I buy from you rather than your competitors?
Which? Why? What?
Research Question Theory Question
Theory Question: Behavior reflects identity
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Example: The theory question
Why?
Which headline will generate a higher response?
A. Save $100 on product X
B. Product X comes with a lifetime guarantee
Research Question
What does my ideal customer prefer?
A. Cost savings
B. Product quality
Theory Question
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Example: The theory question
Why?
Which call to action will generate a higher response?
A. Get your product X now
B. Learn more about product X
Research Question
Where is my ideal customer in the thought sequence?
A. Ready to buy?
B. Ready to learn more?
Theory Question
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24%
Homepage
Theory Question: How we turned our loss into a win
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24%
Homepage
Why?
Theory Question: How we turned our loss into a win
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24%
Homepage
Theory Question: How we turned our loss into a win
Why?
548%
SEO Landing Page
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24%
Homepage
Theory Question: How we turned our loss into a win
Why?
548%
SEO Landing Page
Why?
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24%
Homepage
Theory Question: How we turned our loss into a win
Why?
548%
SEO Landing Page
Why?
90%
Homepage
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24%
Homepage
Theory Question: How we turned our loss into a win
Why?
548%
SEO Landing Page
Why?
90%
Homepage
Why?
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24%
Homepage
Theory Question: How we turned our loss into a win
Why?
548%
SEO Landing Page
Why?
90%
Why?
27%
Homepage
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24%
Homepage
Theory Question: How we turned our loss into a win
Why?
548%
SEO Landing Page
Why?
90%
Why?
27%
Homepage
141% Cumulative Lift
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201%
Test results are interpreted and a second test was created based on
the analyst’s observations
The theory question applied
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201%
Test results are interpreted and a second test was created based on
the analyst’s observations
The theory question applied
2%
Again, test results are interpreted and the next
round of testing is started for this page
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201%
Test results are interpreted and a second test was created based on
the analyst’s observations
The theory question applied
2%
Again, test results are interpreted and the next
round of testing is started for this page
29%
Test is again interpreted and transferrable principles are applied to other offer pages
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The theory question applied
451%
302%
603%257% 28%
• The discoveries and insights about customer motivation from the three prior tests were applied to other landing pages and used to optimize PPC campaigns.
• The purposeful effort to identify and selectively apply these transferrable insights led to widespread optimization gains .
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Summary: Putting it all together
F Key Principles
A. The goal of a test is not to get a lift, but rather to get a learning
B. To achieve the maximum amount of learning, your tests should be designed around two key elements:
1. A research question
2. A theory question
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43
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Testing Strategy Sessions
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Strategy Session #1: QuoteScout.com
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Strategy Session #1: QuoteScout.com
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Strategy Session #1: QuoteScout.com
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Strategy Session #2: Warmup.com
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Strategy Session #2: Warmup.com
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Strategy Session #2: Warmup.com
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Strategy Session #3: Clinics-trials-events.com
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Strategy Session #3: Clinics-trials-events.com
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Strategy Session #3: Clinics-trials-events.com
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Strategy Session #3: Clinics-trials-events.com
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Strategy Session #4: Cooksdirect.com
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