Digital strategy in real life

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AGILE DIGITAL STRATEGY ? Janus Kohl Andersen

Transcript of Digital strategy in real life

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AGILE DIGITAL STRATEGY ?

Janus Kohl Andersen

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Normann Copenhagen Furniture & Home Deór Wholesale – World wide

Retail Flag Ship store in Copenhagen Online sales 2-3 % of toal sales

50+ people 4 people working with online

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Digital_strategy.docx!

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Digital Strategy?

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Basic strategic goals

•  Growth of annual sales by approx. 40% •  Increase conversion rate •  Long term: Grow the digital business as part

of the company

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Areas of focus

•  Usability testing •  SEO •  SEM •  Newsletters •  Online Gift cards •  Blog upgrade •  CMS / ERP upgrade •  Content improvement •  Social Media •  Responsive design

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•  Usability testing •  SEO •  SEM •  Newsletters •  Online Gift cards •  Blog upgrade •  CMS / ERP upgrade •  Content improvement •  Social Media •  Responsive design

Areas of focus

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•  Usability testing •  SEO •  Newsletters

Areas of focus

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Evidence!

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Start working on a tactical level

Learn & build for insights: - Get more evidence!

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When your project / learning is mature: - Set strategic goals

•  Make short written strategic plans •  Built on evidence & insights

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Creating, reshaping and fulfilling the strategy is the same proces.

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Digital_strategy.docx!

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Digital_strategy.docx!

Areas of focus Prioritize

Work + Learn

Evidence

Strategy + Goals

Results / New Evidence

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Example, A/B testing

•  From usability testing - To budget to start up A/B testing Evidence: - Movie + small report from the usability test - Evidence of 50% + 20% CR increase

•  Visual Website Optmizer + Karsten!

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Goal: CR +300%

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Newsletters - Evidence

•  System analysis/test: Simple system •  Evidence that the emails converted into sales •  Sign-up box on website front page •  Grow the subscriber list - Goal reached fast •  New goal for subcribers set: 10000 •  Next project is to improve the CR of the

newsletter - working to set the goal

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Conclusions

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Proces

•  Define simple overall strategic goal •  Define Possible directions of focus •  Quick analyze or test out potential directions •  Create evidence •  Revise, prioritize (get commitment)

- and start working! •  Set committed strategic goals / KPI’s as late as

possible •  Learn as you go along (plant milestones)

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Benefits

•  Strategy is created + implemented as you progress

•  Everyone is kept on the same track •  Discussions are closed with evidence •  Learning as you progress •  No time spent on writing long documents •  Cost efficient •  Simple evidence everyone can remember

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Draw backs

•  Sell the strategy every 2 weeks •  Convince stakeholder on strategy / lack hereof •  Uncertainty: What about …? •  Skepticism: In need of stronger evidence •  At times difficult to keep an overview •  Risk of working on areas that will be dismissed

later •  Difficult to know when to set the goals or when

you know enough to make strategic plans

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Proces

Simple goal

Focus areas

Evidence

Set new goals – define KPIs

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Proces

Build for insights - Learn from your digital platforms

Build a learning culture - Your website is a lab

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That’s all!

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Discussion

Why does organizations make agile projects, but not agile strategy?

Does agile apply to digital strategy?

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Thanks! ���

[email protected]

@januskohl