TEST YOUR WAY TO SUCCESS - eCommerce Platformsinfo2.magento.com/rs/magentoenterprise/images/Magento...

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TEST YOUR WAY TO SUCCESS Using Conversion Testing to Grow Revenue

Transcript of TEST YOUR WAY TO SUCCESS - eCommerce Platformsinfo2.magento.com/rs/magentoenterprise/images/Magento...

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TEST YOUR WAY TO

SUCCESS Using Conversion Testing to Grow Revenue

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KEVIN EICHELBERGER

Founder & CEO, Blue Acorn

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OUTLINE

Conversion Optimization

CRO Testing Process

Magento GWO Native Functionality

Advanced Testing Scenarios

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CRO Testing Process

Magento GWO Native Functionality

Advanced Testing Scenarios

CONVERSION OPTIMIZATION

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WHAT IS A CONVERSION?

The act of performing a desired action

For eCommerce, a “conversion” is typically

associated to a sale, but can also be another

desired action

DEFINITION

MEASUREMENT

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WHAT IS CONVERSION OPTIMIZATION?

Conversion Optimization is the practice of

increasing the ratio of people that convert on

your website

Conversions / Unique Visitors

Average eCommerce Conversion Rate: ~2.5%

DEFINITION

MEASUREMENT

INDUSTRY STATISTIC

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HOW DO I INCREASE CONVERSIONS?

Consumers buy (or don’t buy) from you for a variety

of reasons. To increase conversions, you need

to:

Create a compelling offer

Provide a means to transact

Use behavioral data to improve

Test for the best performing scenario

Provide targeted, relevant content

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THE FIVE TENETS OF CONVERSION

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THE FIVE TENETS OF CONVERSION

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ELEMENTS OF CONVERSION

Confidence

Persuasion

Relevancy

Merchandising

THE OFFER

Clarity

Friction

Distraction

Consistency

THE EXPERIENCE

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HOW DOES TESTING WORK?

A random sampling of website visitors are

presented with different variations of the same

page, to which we track the conversion rate of

these variations until a statistically valid “winner”

is determined.

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TESTING TYPES

Testing multiple variables within a single

control page.

Testing a control page, against one or more

variant pages.

A/B/n TESTING

MVT TESTING

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TESTING TECHNOLOGY

Uses server-side programming to manage tests

Uses Javascript to serve test variables after the

page loads

CLIENT-SIDE TOOLS

SERVER-SIDE TOOLS

A third party service “intercepts” requests for your

page and renders test scenarios

PROXY TESTING

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Conversion Optimization

Magento GWO Native Functionality

Advanced Testing Scenarios

CRO TESTING PROCESS

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CRO TESTING PROCESS

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PERSONAS

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Conversion Optimization CRO Testing Process

Advanced Testing Scenarios

CRO Testing Results

MAGENTO GWO NATIVE FUNCTIONALITY

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MAGENTO & GOOGLE WEBSITE

OPTIMIZER

Magento has a native integration with Google

Website Optimizer (GWO) that allows you to

setup CRO tests through the admin.

MVT test product page content

MVT test category page content

A/B test CMS pages

NATIVE TEST CAPABILITIES

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TURN ON GWO TESTING IN MAGENTO

System -> Configuration -> Sales -> Google API

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TEST PRODUCT DATA

The native GWO testing capabilities allow you to

MVT test the values of up to 8 product attributes

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TEST PRODUCT DATA

v

s

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TEST CATEGORY DATA

The native GWO integration allows for MVT testing

the category header image and description

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EXAMPLE: CATEGORY DATA MVT TEST

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EXAMPLE: CATEGORY DATA MVT TEST

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EXAMPLE: CATEGORY DATA MVT TEST

+ 45.5%

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TEST CMS PAGES

Native GWO integration allows for A/B split testing

CMS pages

v

s

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EXAMPLE: CATEGORY & CMS PAGE A/B/n TEST

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v

s

EXAMPLE: CATEGORY & CMS PAGE A/B/n TEST

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+ 101% The original in this test is

actually a variation, the

“true original” was “Knee

Braces – Types”

conversion rate

EXAMPLE: CATEGORY & CMS PAGE A/B/n TEST

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Conversion Optimization CRO Testing Process

Magento & GWO

CRO Testing Results

ADVANCED TESTING SCENARIOS

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ADVANCED GWO IMPLEMENTATIONS

Outside of the native Magento integration, GWO

can be implemented to test other scenarios.

In most cases, all that is needed is some JS on

your test pages, and the conversion success

page.

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USE OTHER TESTING TOOLS

Google Website Optimizer is only one example of

many testing tools available. Try other more

“user friendly” options.

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EXAMPLE: CART WIDGET MVT TEST

v

s

+ 16%

conversion rate

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EXAMPLE: CART PAGE A/B SPLIT TEST

v

s

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EXAMPLE: CART PAGE A/B SPLIT TEST

+ 10.1%

conversion rate

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EXAMPLE: PROMO BANNER MVT TEST

+ 9%

vs

vs

conversion rate

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EXAMPLE: CHECKOUT A/B TEST

v

s

+/- 1% conversion rate

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RECAP

Conversion Optimization

CRO Testing Process

Magento GWO Native Functionality

Advanced Testing Scenarios

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TESTING TIPS

Measure more than just the conversion, keep an

eye on other metrics including AOV

For GWO, you need to “trick” the validator in many

cases, especially for checkout success

Focus on incremental gains, over time, these can

add up to bring dramatic lifts in revenue

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RECENT NEWS

Google Announced the sunsetting of GWO and the

introduction of Analytics Content Experiments.

Content Experiments will have less functionality,

and not support MVT testing out of the gates.

Magento Inc. will roadmap changes to Magento

Enterprise to support Content Experiments as

Google finalizes the final product functionality.

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Q&A

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THANK YOU! For more information, follow @blueacorn on

twitter, visit blueacorn.com, call 843-641-0045,

or email me directly – [email protected]