Optimizing Your Optimization Strategy

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Optimizing Your Optimization Strategy Benn Stancil CoFounder and Chief Analyst Mode @bennstancil Kyle Rush Head of Optimization Optimizely @kylerush

Transcript of Optimizing Your Optimization Strategy

Optimizing  Your    Optimization  Strategy

Benn  Stancil  Co-­‐Founder  and    Chief  Analyst  

Mode  @bennstancil

Kyle  Rush  Head  of    

Optimization  Optimizely  @kylerush

Focus  on  high  value  flows

What  to  test:  focus

!

HIGH  VALUE  FLOWS  vs.  

ONE  OFFS

What  to  test:  focus

Define  success  before  you  start

Track  many  goals

This  is  what  16  goals  looks  like

Define  success  before  you  start

But  choose  one  primary  goal.

The  right  primary  goal.

What  to  test:  geJng  ideas

Comb  through  your  data.

17%  error  rate

What  to  test:  geJng  ideas

Submit Successa  

b

a  

b

3.5%  absolute  difference.

26.3%  relaNve  difference.

What  to  test:  geJng  ideas

Go  through  the  flow  yourself.

100  Nmes.

What  to  test:  geJng  ideas

CompeNtor  research

What  to  test:  geJng  ideas

Doesn’t  have  to  be  a  compeNtor

What  to  test:  geJng  ideas

User  tesNng

•  Talk  to  friends

*She  misses  you.

•  Call  your  mom*

•  Talk  to  peers

Your  strategy  should  revolve  around  a  variable  called  MDE.

(minimum  detectable  effect)

Sample  size

Everyone  wants  a  low  MDE.

But  most  of  us  don’t  have  the  luxury.

Sample  size

Myth:  Small  startups  can’t  a/b  testYour  small  website  gets  2,000  visitors  a  month

Sample  size

Sample  size  calculator

h_p://www.evanmiller.org/ab-­‐tesNng/sample-­‐size.html

Significance?  Power?

Sample  size

Significance:  5%,  Power:  80%

Determine  sample  size  before  starNng  the  experiment  

Sample  size

 How  big  is  the  decision  the  test  will  help  decide?

A  couple  tricks  for  a  lower  MDE

TargeOng

Not  signed  in

4.2%  conversion  rate

Signed  in

0.06%  conversion  rate

average  conversion  rate:  2.3%*

*the  “not  signed  in”  to  “signed  in”  visits  raNo  is  not  50/50,  but  i’m  saying  it  is  for  the  purpose  of  this  example.

Almost  twice  as  many  visitors  would  be  needed.

Not  signed  in Signed  in

So  you  want  a  lower  MDE?

TargeOng

Here’s  your  chance.

36%  lower  MDE  :)

Not  signed  in Signed  in

Another  Np  for  a  lower  MDE

TargeOng

conversion  rate:  4.2% conversion  rate:  6.7%

22%  lower  MDE  :)

Bad  targeNng Good  targeNng

OpNmizing  your  opNmizaNon  strategy

Benn  Stancil    Co-­‐Founder  and  Chief  Analyst  at  Mode  

@bennstancil

Previous Now

OUTLINE

Test to Learn Testing is not just for making

individual decisions

!

OUTLINE

Test to Learn Testing is not just for making

individual decisions

!

Know What You Don’t Know Be aware of what you can’t see

!

OUTLINE

Test to Learn Testing is not just for making

individual decisions

!

Know What You Don’t Know Be aware of what you can’t see

!

Think Beyond One Test Aim, fire, adjust

Before Testing: !

TEST TO LEARN

TEST TO LEARN

“Give a man a fish…”

TEST TO LEARN

User research has drawbacks

TEST TO LEARN

Why we need controlled experiments

TEST TO LEARN

Why don’t new users post?

TEST TO LEARN

Hard questions don’t require hard tests

TEST TO LEARN

Do people respond to features that are “coming soon”?

While Testing: !

KNOW WHAT YOU DON’T KNOW

KNOW WHAT YOU DON’T KNOW

KNOW WHAT YOU DON’T KNOW

Analyzing test results isn’t just interpreting what you can from results.

!

It’s also knowing what the test doesn’t tell you.

KNOW WHAT YOU DON’T KNOW

Yadier Molina Ivan Rodriguez

KNOW WHAT YOU DON’T KNOW

Why do new customers test differently?

KNOW WHAT YOU DON’T KNOW

KNOW WHAT YOU DON’T KNOW

•Be skeptical !

•Don’t leave out details !

•Be comfortable with caveats

After Testing: !

THINK BEYOND ONE TEST

THINK BEYOND ONE TEST

Aim, fire, adjust

THINK BEYOND ONE TEST

Ask why

THINK BEYOND ONE TEST

Yammer’s new user badge

THINK BEYOND ONE TEST

Keep thorough records

THINK BEYOND ONE TEST

Getting feeds just right

YOUR OPTIMIZATION STRATEGY

Test to Learn Testing is not just for making

individual decisions

!

Know What You Don’t Know Be aware of what you can’t see

!

Think Beyond One Test Aim, fire, adjust

Optimizing  Your    Optimization  Strategy

Benn  Stancil  Co-­‐Founder  and    Chief  Analyst  

Mode  @bennstancil

Kyle  Rush  Head  of    

Optimization  Optimizely  @kylerush