In this insightful video, Ishan Goel, transitioning from a software engineer to a researcher, delves into crucial CRO statistical concepts. He sheds light on statistical significance in experimentation, explores A/B testing intricacies, emphasizes the efficiency of sequential testing, and discusses challenges in stopping tests prematurely. The talk concludes by highlighting the intersection of experimentation and statistics in the realm of Conversion Rate Optimization.
So much is spent on ads that it’s a no-brainer to invest in ad optimization. Embracing experimentation and learning from failures is essential for long-term success in performance marketing. Experiment Nation’s Tracy Laranjo spoke with Joe Fitzpatrick about reasons why your ads aren’t working and what you can do about it.
Maximizing results in ad network optimization requires a systematic approach. Start with A/B testing on Google Ads and gradually introduce more complex campaigns, balancing technical and creative aspects. Analyze your channel’s performance, ensuring sufficient impressions and conversions for statistically significant results. Shape your product to align with the ad network’s requirements and consider user experience. Prioritize velocity in testing initially, gradually enhancing quality, and encourage collaboration across different platforms for valuable insights in the quest for optimization.
Lucas, a senior conversion specialist, shares his journey in the media industry, emphasizing the transformative impact of A/B testing. He discusses myths about experimentation – debunking them along the way as well as highlights the importance of validation, integration into essential projects, and showcasing negative results. Lucas encourages testing the obvious and unexpected, questioning assumptions, and showing the value of experimentation to reduce risk and aid decision-making, making it an asset for senior managers and specialists.
Eric Melchor, an evangelist at Optimonk, emphasizes the importance of focusing on the product page for effective conversion rate optimization (CRO). He suggests treating website visitors as individuals and creating a personalized and enjoyable customer experience in real-time. Melchor also discusses the significance of capturing visitor interest early on and leveraging smart CRO tactics and personalization timing throughout the customer journey. Additionally, he mentions the value of optimizing the product page, as it can yield significant returns on investment.
We explore various angles of CRO Organizational Structure. We discussed primarily the differences between centralized CRO teams vs a company-wide experimentation culture, and how this is best looked at as a continuum. Companies starting out might benefit from a centralized CRO team whereas more mature optimization programs can benefit more from working experimentation into all facets of the company. How can a company who does 0 experimentation introduce and adopt an experimentation process/culture? We also chatted about experimentation at the customer level, what this means, and how it could be the future of optimization.
Heatmaps to the rescue! Creating an impactful website hero section above the fold is vital for user engagement. Clear value propositions and compelling calls to action are essential, as users often don’t scroll past this section. Heat mapping, combined with other techniques like exit polls and A/B testing, provides a comprehensive understanding of user behavior. While urgency and scarcity tactics can be effective, users have become more skeptical of overused strategies like countdown timers. Understand your audience through analytics data and tailor your optimization strategies accordingly, whether it’s for B2C, B2B, or other sectors. Mobile interactions may have imprecise heat map data, so use it alongside other sources for a well-rounded view.
To ensure the success of CRO projects, it’s vital to involve all stakeholders, including executives and directors, right from the start. This inclusive approach not only helps them understand the intricacies of the CRO process but also demonstrates the depth of strategic thinking behind it. Even skeptical executives can be won over by involving them in CRO calls, showcasing the complexity that goes beyond mere marketing tactics. Such transparency and involvement lead to a more informed and supportive team, fostering successful CRO initiatives.
Our panel of judges watched every session of our recent conference and voted for the best speakers in several categories.
In the world of Conversion Rate Optimization (CRO), Eduardo, a seasoned practitioner, shares his journey and the evolving landscape of CRO in Brazil. He underscores the importance of maintaining a problem-solution mindset and learning from mistakes to drive meaningful impact. One core principle he highlights is the need to focus on hypotheses that yield significant results, comparing them to squeezing fruit for juice. This strategy involves exploring promising hypotheses further and discarding those with neutral or unimpressive outcomes, a practice essential for effective experimentation, whether in-house or at an agency. The key takeaway is to persevere with ideas, akin to squeezing every drop of insight from hypotheses, and leveraging comprehensive data for a deeper understanding, a competitive edge held by in-house roles in the experimentation field.
Integrating landing pages is crucial for tailored user experiences. Without it, visitors are directed to generic pages lacking personalized messaging. Landing pages are designed to enhance conversion rates and ROI. E-commerce companies benefit by using various types of landing pages, like the classic hero for focused products, listicle hero for storytelling, collection hero for multiple items, and content advertorials for top-funnel content. Mistakes include using one-size-fits-all pages and lacking customer-oriented content. Improve by collaborating with ads teams, using customer voices, and continuous experimentation. Claire More from Splitbase shared insights on optimizing landing pages for effective campaigns.
Don’t test everything. Experimentation isn’t about proving how clever you are. Mistakes in testing ideas from your own head are common; personal bias clouds results. High-performing experimentation needs executive buy-in and integrated roles. Successful teams engage diverse players with vested interest, ensuring hypotheses formation and metric selection are comprehensive. Valuable experimentation saves time by testing what not to do. Rather than just chasing conversion lifts, recognize when improvements won’t make a difference. Cultural shifts, humility, and prioritizing efficient use of time are key components of effective experimentation programs. Test what makes sense.
In this podcast episode, Mark Eltsefon, a senior data scientist and experimentation evangelist, discusses building an experimentation culture in different companies. He shares his journey from starting as a software developer to becoming passionate about data science and experimentation. He contrasts the experimentation culture at TikTok, where data-driven decisions were central and democratization was encouraged, with his current role at an e-commerce company specializing in print-on-demand. He emphasizes the importance of educating stakeholders about data-driven decision-making, and he highlights the need for strong experimentation infrastructure and high-quality hypothesis testing. He believes that while democratization is valuable, it’s important to balance it with maintaining the quality of ideas and statistical rigor.
Juliana Amorim emphasizes that personalization is not a silver bullet and recommends its use when aligned with strong hypotheses and business goals. She co-founded Croct, a personalization experimentation platform, focusing on adapting user journeys to context. Examples include tailoring websites for diverse buyer personas within B2B companies and customizing content for users at different stages, like newcomers or existing customers. AI-based personalization and rule-based personalization can coexist. Brands should prioritize personalizing their websites and consider first-party data support.
Building a personal brand as a conversion rate optimizer is crucial in today’s competitive digital landscape. Your personal brand serves as a powerful tool to establish credibility, showcase expertise, and attract new opportunities. By cultivating a strong brand identity, you position yourself as an authority in the field, gaining trust from potential clients or employers. A well-developed personal brand helps differentiate you from others, highlighting your unique approach and methodologies. It opens doors to collaborations, speaking engagements, and thought leadership opportunities. Additionally, a strong personal brand creates a lasting impression, leading to increased visibility, a larger professional network, and ultimately, a steady stream of clients or job offers.
By implementing ideation strategies and fostering a culture of experimentation, companies can drive innovation and stay ahead of the curve. Building an experimentation culture is crucial for companies that want to innovate and stay ahead of the competition. It starts with creating an environment where experimentation is encouraged and failure is seen as an opportunity to learn and improve. Teams should be given the freedom to try new ideas and test them quickly using small-scale experiments. It’s important to collect and analyze data from these experiments to make informed decisions about what works and what doesn’t. Lucas Vos interviews Lucia van den Brink in this great AMA session.
Eddie Aguilar, a developer and CRO specialist, shares his experience with experimentation and optimization. He discusses how he started as a developer at a young age and eventually shifted to optimization. He recounts a specific incident while working with Envision App, where he made a global change to the website that caused a significant error, resulting in a spike in error logs. Eddie emphasizes the importance of communication and collaboration in such situations. Despite the error, the test yielded impressive results, with a 227% revenue lift and 70% LTV lift.
David Mannheim, author and expert on personalization, discusses the importance of personalization in marketing. He emphasizes the need for brands to focus on building relationships with customers based on trust and care. Mannheim distinguishes personalization from segmentation, highlighting personalization as a communication principle rather than just a marketing tactic. He also mentions the challenges faced in implementing personalization, such as the pressure for immediate returns and the balance of metrics.
In this video, Riccardo Vandra discusses the importance of asking powerful questions for conversion rate optimization (CRO). He emphasizes that the quality of our questions determines the quality of our insights and ultimately our success. Riccardo proposes a three-step questioning framework for building effective questions.
We sat down with Jason Chappel, founder of Defiant, a specialist Customer Value Optimization agency, to discuss what sets CVO apart from CRO. Jason shares his insight on the importance of understanding and optimizing the entire customer journey, from acquisition to retention, and how CVO can help businesses increase customer lifetime value and drive sustainable growth in your business strategy.
We all know that humans are very complex and are hard to predict how they will behave. This is why we want to do use multiple methodologies in tandem to understand our customers.
To have any real influence or buy-in, you need to be able to tell a good story. Khalil recently interviewed Priya Bhatia to get their advice on how to tell a good story.
Optimizing forms during checkout is crucial for a seamless user experience. By simplifying and streamlining the process, businesses reduce cart abandonment rates and increase conversions. Shortening form length, utilizing autofill options, and providing clear instructions enhance efficiency, minimize user frustration, and ultimately boost customer satisfaction, loyalty, and revenue.
Nicoleta walks us through a case-study where she explores a 1 column form vs a 3 column form in checkout.
Learn A/B Testing Statistics, how to use Overall Evaluation Criterion, Twyman’s law, how much traffic do you need to run A/B tests, and other statistical concepts all Experimenters must know.
Are you looking to replace Google Optimize? On Experiment Nation’s recent podcast, Charlotte April Bomford chats with Kenneth Kutyn about replacing Google Optimize, how to select a new vendor, and whether it’s worth building your own Experimentation Platform (spoiler alert: the answer is usually no).
Tim Thijsse, a senior CRO (Conversion Rate Optimization) consultant at Orange Valley, discusses AI and the future of CRO, and the importance of incorporating qualitative research into company-wide processes. He emphasizes the challenge of linking user behavior and mindset to knowledge and information. Tim shares his background, starting as an interaction designer and later transitioning to UX design and CRO. He highlights the evolution of CRO, the need for a culture of experimentation, and the role of qualitative insights in optimization strategies. Tim also discusses the challenges companies face in adopting an experimentation mindset, such as aligning strategy, operations, and technical aspects, and the importance of having a common metric and collaboration among teams.
Ayat Shukairy emphasizes the importance of addressing the functional, social, and emotional aspects of customer needs when designing websites. She shares seven lessons learned from her experience in conversion rate optimization.
Georgi Georgiev performed a meta-analysis of over 1000 A/B tests and has a great deal to share about:
– What you should expect your win rate to be
– The benefits of sequential testing
– Why you should report on confidence intervals
Let’s face it, experimentation is completely misunderstood. The power and the benefit and potential of it is to innovate and develop a business. And when you think about it, that’s what experimentation has always been in relation to the scientific method. If you think about spaceflight, medicine, anything great that’s happened in the history of modern civilization, this has all happened as a result of the careful application of the scientific method.
Experimenters obsess about many A/B Testing Statistics concepts – but not all of them are worth worrying about. Statsig’s Timothy Chan shares his thoughts about test isolation, interaction effects and confidence levels – some of his thoughts may surprise you.
In this presentation, Andra Baragan, the Founder of ONTRACK DIGITAL will walk you through what you need to know to build a strong, successful relationship with your clients and with your team.
You will learn:
– how to set expectations with your client from Day 1
– how to leverage operating procedures and automate your work
– how to communicate with clients and get stakeholder buy-in every time
10 lessons that helped John Ekman in Launching a CRO agency. John learned many lessons when launching his agency – he wants to share them with you.
After decades of acquisition marketing, companies are waking up to the fact that optimising the entire lifecycle of the customer is the way to go. That happens due to rising acquisition costs, cookie deprecation, siloes, company mentalities, etc.
In this session, Valentin will share insights from his 12 years of experience transitioning from CRO – website optimization to increase the conversion rate to CVO – experimenting towards improving the CLV.
Message-Market fit is the idea that a message, whether it be a product, service or idea, needs to resonate with a specific target market in order to be successful. It involves finding the right message that effectively communicates the value proposition of a product or service to a particular audience, in a way that resonates with them.
A/B testing plays a critical role in decision-making – but so does AB Testing Statistics Mistakes. In data-driven companies, A/B tests not only prove positive impacts of product features (treatments) but also provide evidence to safely roll out neutral features that are not expected to move business metrics. When rolling out a neutral feature, we need to test if the treatment is non-inferior to control, and conventional A/B testing is not suitable in this case.
Add Exploration and Validation phases to your testing program – because most of your wins are fake.
Being an Experimentation leader requires a different set of skills. Vistaprint’s Cristina Pujol walks through the lessons she’s learned.
Where should you start testing, like with most processes, starting is usually the most challenging part.
This attitude has a negative impact on new entrants to the industry and sets completely the wrong tone for the next generation. The greater the participation in the industry, the stronger it will become – the wider that participation, the more ideas (and the more diverse those ideas) will come through. And that is only a good thing for us all longer-term.
We asked the CRO community on LinkedIn and on our community Slack channel what is the best piece of career advice you’ve ever received. Here is what they said. Speak up “Always ask for more” – Khalil Guliwala “A closed mouth doesn’t get fed” – Anthony Wallace “You don’t find what you’re looking for becauseContinue reading “The best CRO career advice”
Many optimizers are good at using data to craft hypotheses. Great optimizers, however, build data-driven segments, analyze by business goals (not just test KPIs), and importantly, propose how to take action on campaign results.
Having mature conversations with immature markets, the problem with the word, “Hypothesis”, the importance of HiPPOs with Nima Yassini
Here are the most popular posts from the last 12 months!
Earlier this year, we asked the Experiment Nation community who were the CROs that they felt everyone should know because of their welcoming nature, openness to connecting folks with others, willingness to share their expertise, and being just all-around awesome folks. Here are the results along with what the community had to say about them.
If you’ve ever wondered how CROs document their Experiments, we’ve collected some information that might be useful to you.
We are introducing Experiment Nation’s CRO Qualification Certification – an easy and FREE way for CROs to demonstrate their understanding of the industry that is managed by a neutral party.
Are you being paid fairly? Find out. Experiment Nation conducted a CRO Salary survey and we have the results!
Do you love CRO? Do you love Wordle? You’re in luck. Every week, we publish a new CRO Wordle. We’ll do our best to keep the words 5 letters long, but we make no promises.
With intros from Shiva Manjunath, Andra Baragan, and Tracy Laranjo, CAPM, our new eBook compiles over 60 learnings from 2 years’ worth of interviews with Experimenters from around the world to help you get a leg up on becoming a better Experimenter. Learn how to get it FREE!
Highlights from the last 12 months. Sure it’s a bit of a humblebrag, but it makes us feel good and we love feeling good.
We’ve been busy updating our site – hopefully making it easier for you to connect and interact with other Experimenters. Find out what we’ve been up to!
Have you ever wished you could speak at a conference but speaking to a live audience was too intimidating? We’ve got an opportunity for you.
I’ve decided to work with Experimenters from around the world to help give Experiment Nation a more intimate and connected feel. Here are the projects that are in the works.
Connecting to Experimenters from around the world just got a little easier
What could go wrong?