Turn to datadriven: the first 6 months

Post on 25-Jan-2017

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Transcript of Turn to datadriven: the first 6 months

Turn to data-driven: the first 6 months

simon@goopti.com @sbelak

• Low cost on demand transports

• Mainly to and from airports

• Two-sided marketplace

• Secret sauce: packaging + smart routing + risk management

!

Comfort of a taxi for the price of a bus.

Goal: can reconstruct every touchpoint and context (internal and external)

Invest in robust ETL

Quick wins buy <3

Quick wins

• Find something that is loosing money

• Find a conversion optimization

!

Quick wins should be obvious in hind site (and yet nobody thought of them until you came along)

From reports to real-time thinking support:

• 2 min

• 20 min

• fail

• project

Minimize analysis friction

Analyse analysing

⥁Experiment!life-cycle

learn

buildmeasure

Measure once, question twice

Experiment tracking

There is no such thing as a

throwaway• Reusability

• Audit trail

Have means to quickly and frictionlessly share analysis (and keep it up to date).

KPIs

With 100 KPIs, none is key — FOCUS!

One KPI, many metrics

21

Anscombe's quartet

!

• same mean • same variance • same correlation • same linear regression line

Think in distributions, not numbers

Your metrics capture external relations

Becoming data-driven: a quick checklist

✓ Invest in data gathering

✓ Find quick wins

✓ Be methodological

✓ Focus on one KPI at a time, but change often

✓ Beware of dead salmons

simon@goopti.com