SlideShare ist ein Scribd-Unternehmen logo
1 von 43
An Experimentation Framework
Brion Hickey
Growth, Cisco
How to Position for Triple Digit Growth
Hudson Arnold
Senior Strategy Consultant
Optimizely
Operationalizing Experimentation
for Enterprises
Mass adoption of experimentation and the resulting alignment gap
“The connected economy continues its path of creative destruction, so much so that it is
changing the nature of competition itself. Nearly all companies surveyed by Gartner (89%)
believe that customer experience will be their primary basis for competition ... For
example, consumer product companies that have relied on developing new features,
improved customer service and product innovation to drive growth now see a future
where competitive advantage will be based on the customer experience.
“In many industries, hypercompetition has eroded traditional product and service
advantages, making customer experience the new competitive battlefield. With an
overabundance of alternatives and ubiquitous access to pricing and product information,
consumers have little reason to remain loyal to a particular brand.”
Historic Changes Put Customer Experience
At The Forefront of Competition
Jake Sorofman, Research Director, Gartner
Digital Leaders Have Already Fully
Operationalized Experimentation
Jake Sorofman, Research Director, Gartner
“Most large organizations embrace the idea of
invention, but are not willing to suffer the string
of failed experiments necessary to get there.
Outsized returns often come from betting against
conventional wisdom, and conventional wisdom is
usually right.
Given a ten percent chance of a 100 times payoff, you
should take that bet every time. But you’re still going to
be wrong nine times out of ten.”
—Jeff Bezos
2015 Shareholder Letter
“Every product change
Netflix considers goes
through a rigorous A/B
testing process before
becoming the default
user experience.”
The only constant is change, and the rate of change is increasing.
The only way to keep up is to be constantly experimenting and
innovating. Hyper-growth and experimentation are very closely
linked.
The philosophy is you have to build your company to be a
big experimental engine and it has to start right at the
beginning.
It’s not easy to just “retrofit” that engine in later—it’s a cultural shift.
You have to be in the mindset of constantly testing crazy ideas, new
business models, new products, and new processes.
—Jeff Holden
Chief Product Officer
Digital Leaders Set the Standard for
Experimentation ...
… Magnifying the ‘Alignment Gap’
Mind the Alignment Gap
VS
Leading Experimentation Organizations Lagging Experimentation Organizations
● Teams work on independent optimization roadmaps
● Central groups leverage dedicated technology to collect
data, conduct experiments and surface insights
● Strategy and metrics for digital performance directly
linked to company success and widely circulated
● Collective expertise creates virtuous cycle of learning and
best practices
● Experimentation treated as series of tactics to ‘improve
conversion rate’
● Skill sets and tools divided across functional silos or (if
available at all), while individuals or small teams work on
experiments with limited support
● Goals and processes poorly formalized, lack executive
sponsorship
● Consumer intentions and digital behavior poorly understood
“Most [Customer Intelligence] professionals that Forrester interviewed
estimated that 30% or fewer digital customer interactions are used in
some form of online testing, while only 61% have had an active online testing
program for two or more years.†”
Optimize Customer Experiences With Online Testing And Continuous Optimization, January 26, 2016
James McCormick
Principal Analyst
Consumer Insights
This ‘Alignment Gap’ is an
Opportunity to Leapfrog Competition
An Experimental Framework To
Position for Triple Digit Growth
As a strategic focus to ensure impact and ROI
from experimentation for your company
Brion Hickey
Growth, Cisco
About Me
Over 120 companies worldwide
Then Now
I have cat
Growth at Cisco
Support a diverse organization
Empower with best practices
Deliver ongoing ROI
70,000+ employees across a
variety of organizations.
How to get started or accelerate
experimentation depending on
the needs of the organization.
Help Cisco employees focus
on the right metrics to drive
success.
1. Frequency of A/B Tests Launched
2. Reach of A/B Testing Capability
3. Complexity of A/B Tests
1. Frequency of A/B Tests Launched
1. Frequency over Ideas
Challenge Status Quo
● How many test has your team launch
last week, month year?
● Be honest with that number and
measure: 0, 5, 10, 30?
● What would it take to double the number
of experiments?
● Identify the bottlenecks and fix?
Designers, front dev, QA?
1. Frequency over Ideas
Reduce Process
No committees
No brainstorming
No meetings
Just go!
1. Frequency over Ideas
Reduce Process
“Don’t take it
personally.”
“Relax! It’s just a test.”
“Conflicting ideas? Let’s
test them :)”
1. Frequency over Ideas
Why?
Recipe A Recipe B
66% increase in leads
1. Frequency over Ideas
More experiments = more knowledge
● Share
● Create your own Summit - We
did :D
● Document findings
● Create easily accessible
knowledge base
Example: Understand what your users are
responsive to relative to your category.
Expose and exploit
2. Reach of A/B Testing Capability
2. Reach of A/B Testing Capability
Landing
page
Conversion
● This is our typical thought process.
● What do we mean by reach?
● Is anything missing?
2. Reach of A/B Testing Capability
Landing
page
ConversionStep 1 Step 2 Step 3 Step 4 Step 5 Step 6 Step 7
● Is every aspect of your funnel measure?
● Are you experimenting at each step?
● What else do we mean by reach?
2. Reach of A/B Testing Capability
Landing
page
ConversionStep 1 Step 2 Step 3 Step 4 Step 5 Step 6 Step 7
Landing
page
(Mobile)
ConversionStep 1 Step 2 Step 3 Step 4 Step 5 Step 6 Step 7
2. Reach of A/B Testing Capability
Landing
page
ConversionStep 1 Step 2 Step 3 Step 4 Step 5 Step 6 Step 7
Landing
page
(Mobile)
ConversionStep 1 Step 2 Step 3 Step 4 Step 5 Step 6 Step 7
Landing
page
(Localized)
ConversionStep 1 Step 2 Step 3 Step 4 Step 5 Step 6 Step 7
2. Experiment Reach Translates to Compound Gains
More than just landing
pages and leads
Map out the entire customer
journey
Reach positions you for greater
likelihood of compound gains
Illustrate friction points
Focus on “micro yeses”
Homepage Customers Page
Pricing Page Contact Sales Form
2. Reach of A/B Testing Capability
Why?
Reach Translates to Compound Gains
Landing
page
ConversionStep 1 Step 2 Step 3 Step 4 Step 5 Step 6 Step 7
● No reason to boil the ocean
● Focus on base hits
● Wins compound
Product Page Example
Landing
page
ConversionStep 1 Step 2 Step 3 Step 4 Step 5
50% more visitors
down funnel
Product Page Example
Landing
page
ConversionStep 1 Step 2 Step 3 Step 4 Step 5
50% more visitors
down funnel
20% more
visitors down
funnel
3. Complexity of A/B Tests
3. Complexity is a Benefit in Optimization
Simple A/B testing yields
outstanding results
Increase in complexity provides
depth of understanding
Examples:
Multivariate testing
Behavioral targeting and personalization
Complexity Example
Landing page ConversionStep 1 Step 2 Step 3 Step 4 Step 5
50% more visitors
down funnel
20% more
visitors down
funnel6% more visitors
down funnel
Impact for Cisco
● Ability to move quickly and
iterate, make decisions with
data
● Generate a demonstrable
impact on company’s growth
KPIs
● Enable teams to experiment
at their pace while promoting
best practices
Takeaways
Optimize for Speed of Experiments
Who are you Impacting?
Strive for Complexity
Take a hard look at what’s
preventing you from moving faster.
Understand the reach of your
experiments and increase it.
Aim for more complex
experiments to increase
understanding.
Thank you!
Questions?
Appendix
Leading vs. Lagging
• Website & Apps are marketing and sales
channels, only recently focus of top
leadership, if at all
• Enfranchised teams work on independent
optimization roadmaps
TEAMS
EXPERIMENTATION ORGANIZATIONS
• Experimentation treated as series of tactics
to ‘improve conversion rate’
• Experimentation is deeply embedded into
company culture
EXPERIMENTATION
• Skill sets and tools divided across
functional silos or not available at all
• Central groups manage data collection and
analysis, empowers individuals with resources
and process
TOOL SETS
SKILL LEVELS • Lone individuals or small teams working
through design, production, and analysis
despite limited experience
• Dedicated, customized technology
conducts experiments and surfaces insights
PERFORMANCE • Goals and processes poorly formalized,
lack executive sponsorship
• Strategy and metrics for digital performance
directly linked to company success and
widely circulated
PRACTICES • Consumer intentions and digital behavior
poorly understood
• Collective expertise creates virtuous cycle of
learning and best practices
“When it comes to innovation, most managers must operate in a world where they lack
sufficient data to inform their decisions. Consequently, they often rely on their experience or
intuition. But ideas that are truly innovative—that is, those that can reshape industries—
typically go against the grain of executive experience and conventional wisdom.”
Why don’t more companies conduct rigorous tests of their risky overhauls and expensive
proposals? Because most organizations are reluctant to fund proper business experiments
and have considerable difficulty executing them. Although the process of experimentation
seems straightforward, it is surprisingly hard in practice.”
Experimentation is the Key to Unlocking Innovation
But it is Historically Underfunded by Businesses
—Stefan Thomke and Jim Manzi

Weitere ähnliche Inhalte

Was ist angesagt?

How Product Management plus Design Leads to Product Success by Dan Olsen
How Product Management plus Design Leads to Product Success by Dan OlsenHow Product Management plus Design Leads to Product Success by Dan Olsen
How Product Management plus Design Leads to Product Success by Dan OlsenDan Olsen
 
A guide to product metrics by Mixpanel
A guide to product metrics by MixpanelA guide to product metrics by Mixpanel
A guide to product metrics by MixpanelHarsha MV
 
Clover Rings Up Digital Growth to Drive Experimentation
Clover Rings Up Digital Growth to Drive ExperimentationClover Rings Up Digital Growth to Drive Experimentation
Clover Rings Up Digital Growth to Drive ExperimentationOptimizely
 
Working With Big Data
Working With Big DataWorking With Big Data
Working With Big DataSeth Familian
 
How to Drive Top-Line Growth with Customer Success Management Metrics
How to Drive Top-Line Growth with Customer Success Management MetricsHow to Drive Top-Line Growth with Customer Success Management Metrics
How to Drive Top-Line Growth with Customer Success Management MetricsGainsight
 
Dropbox Startup Lessons Learned
Dropbox Startup Lessons LearnedDropbox Startup Lessons Learned
Dropbox Startup Lessons Learnedgueste94e4c
 
A/B Testing Pitfalls and Lessons Learned at Spotify
A/B Testing Pitfalls and Lessons Learned at SpotifyA/B Testing Pitfalls and Lessons Learned at Spotify
A/B Testing Pitfalls and Lessons Learned at SpotifyDanielle Jabin
 
Slide share version of sales as an art and science the 10-step sales proces...
Slide share version of sales as an art and science   the 10-step sales proces...Slide share version of sales as an art and science   the 10-step sales proces...
Slide share version of sales as an art and science the 10-step sales proces...Steven Tulman
 
Growth hacking secrets
Growth hacking secrets Growth hacking secrets
Growth hacking secrets alig12
 
Thought Leadership from the Inside Out
Thought Leadership from the Inside OutThought Leadership from the Inside Out
Thought Leadership from the Inside OutStacey King Gordon
 
11 big strategy ideas
11 big strategy ideas11 big strategy ideas
11 big strategy ideasCPA Australia
 
What comes after product market fit?
What comes after product market fit?What comes after product market fit?
What comes after product market fit?Intercom
 
22 really useful customer retention stats
22 really useful customer retention stats22 really useful customer retention stats
22 really useful customer retention statsCustomer Thermometer
 
How Zenly Nailed It - Product Methods!
How Zenly Nailed It - Product Methods!How Zenly Nailed It - Product Methods!
How Zenly Nailed It - Product Methods!Maxime Braud
 
Lean Analytics Cycle
Lean Analytics CycleLean Analytics Cycle
Lean Analytics CycleHiten Shah
 
Basics of AB testing in online products
Basics of AB testing in online productsBasics of AB testing in online products
Basics of AB testing in online productsAshish Dua
 
The Future of B2B Growth is Product Led
The Future of B2B Growth is Product LedThe Future of B2B Growth is Product Led
The Future of B2B Growth is Product LedOpenView
 

Was ist angesagt? (20)

B2B-Lead-Generation-Report
B2B-Lead-Generation-ReportB2B-Lead-Generation-Report
B2B-Lead-Generation-Report
 
How Product Management plus Design Leads to Product Success by Dan Olsen
How Product Management plus Design Leads to Product Success by Dan OlsenHow Product Management plus Design Leads to Product Success by Dan Olsen
How Product Management plus Design Leads to Product Success by Dan Olsen
 
A guide to product metrics by Mixpanel
A guide to product metrics by MixpanelA guide to product metrics by Mixpanel
A guide to product metrics by Mixpanel
 
Clover Rings Up Digital Growth to Drive Experimentation
Clover Rings Up Digital Growth to Drive ExperimentationClover Rings Up Digital Growth to Drive Experimentation
Clover Rings Up Digital Growth to Drive Experimentation
 
Working With Big Data
Working With Big DataWorking With Big Data
Working With Big Data
 
How to Drive Top-Line Growth with Customer Success Management Metrics
How to Drive Top-Line Growth with Customer Success Management MetricsHow to Drive Top-Line Growth with Customer Success Management Metrics
How to Drive Top-Line Growth with Customer Success Management Metrics
 
Dropbox Startup Lessons Learned
Dropbox Startup Lessons LearnedDropbox Startup Lessons Learned
Dropbox Startup Lessons Learned
 
A/B Testing Pitfalls and Lessons Learned at Spotify
A/B Testing Pitfalls and Lessons Learned at SpotifyA/B Testing Pitfalls and Lessons Learned at Spotify
A/B Testing Pitfalls and Lessons Learned at Spotify
 
Slide share version of sales as an art and science the 10-step sales proces...
Slide share version of sales as an art and science   the 10-step sales proces...Slide share version of sales as an art and science   the 10-step sales proces...
Slide share version of sales as an art and science the 10-step sales proces...
 
Growth hacking secrets
Growth hacking secrets Growth hacking secrets
Growth hacking secrets
 
Thought Leadership from the Inside Out
Thought Leadership from the Inside OutThought Leadership from the Inside Out
Thought Leadership from the Inside Out
 
11 big strategy ideas
11 big strategy ideas11 big strategy ideas
11 big strategy ideas
 
Happier Teams Through Tools
Happier Teams Through ToolsHappier Teams Through Tools
Happier Teams Through Tools
 
What comes after product market fit?
What comes after product market fit?What comes after product market fit?
What comes after product market fit?
 
22 really useful customer retention stats
22 really useful customer retention stats22 really useful customer retention stats
22 really useful customer retention stats
 
How Zenly Nailed It - Product Methods!
How Zenly Nailed It - Product Methods!How Zenly Nailed It - Product Methods!
How Zenly Nailed It - Product Methods!
 
Lean Analytics Cycle
Lean Analytics CycleLean Analytics Cycle
Lean Analytics Cycle
 
Basics of AB testing in online products
Basics of AB testing in online productsBasics of AB testing in online products
Basics of AB testing in online products
 
The Future of B2B Growth is Product Led
The Future of B2B Growth is Product LedThe Future of B2B Growth is Product Led
The Future of B2B Growth is Product Led
 
Digital transformation 101
Digital transformation 101Digital transformation 101
Digital transformation 101
 

Ähnlich wie An Experimentation Framework: How to Position for Triple Digit Growth

[Webinar] Scaling experimentation: 5 key pillars of maturity by Nick So
[Webinar] Scaling experimentation: 5 key pillars of maturity by Nick So[Webinar] Scaling experimentation: 5 key pillars of maturity by Nick So
[Webinar] Scaling experimentation: 5 key pillars of maturity by Nick SoChris Goward
 
How to Effectively Experiment in PM by LendingTree Sr PM
How to Effectively Experiment in PM by LendingTree Sr PMHow to Effectively Experiment in PM by LendingTree Sr PM
How to Effectively Experiment in PM by LendingTree Sr PMProduct School
 
Lunch & Learn - Secret to Successful Experimentation
Lunch & Learn - Secret to Successful ExperimentationLunch & Learn - Secret to Successful Experimentation
Lunch & Learn - Secret to Successful ExperimentationChris Goward
 
Pursuing Customer Inspired Growth
Pursuing Customer Inspired GrowthPursuing Customer Inspired Growth
Pursuing Customer Inspired GrowthKearney
 
[DSC MENA 24] Ahmed_Refaay_- Where to Start Your Data Analytics Journey.pptx
[DSC MENA 24] Ahmed_Refaay_- Where to Start Your Data Analytics Journey.pptx[DSC MENA 24] Ahmed_Refaay_- Where to Start Your Data Analytics Journey.pptx
[DSC MENA 24] Ahmed_Refaay_- Where to Start Your Data Analytics Journey.pptxDataScienceConferenc1
 
How To Build a Winning Experimentation Program & Team | Optimizely ANZ Webinar 8
How To Build a Winning Experimentation Program & Team | Optimizely ANZ Webinar 8How To Build a Winning Experimentation Program & Team | Optimizely ANZ Webinar 8
How To Build a Winning Experimentation Program & Team | Optimizely ANZ Webinar 8Optimizely
 
Turning Failed Tests into Big Wins at Box
Turning Failed Tests into Big Wins at BoxTurning Failed Tests into Big Wins at Box
Turning Failed Tests into Big Wins at BoxOptimizely
 
The Science of Innovation: Sept 24
The Science of Innovation: Sept 24The Science of Innovation: Sept 24
The Science of Innovation: Sept 24Bryan Cassady
 
Agile Development in Highly Regulated Organizations
Agile Development in Highly Regulated OrganizationsAgile Development in Highly Regulated Organizations
Agile Development in Highly Regulated OrganizationsCelerity
 
Lean LaunchPad: Analytics Workshop
Lean LaunchPad: Analytics WorkshopLean LaunchPad: Analytics Workshop
Lean LaunchPad: Analytics WorkshopStanford University
 
Make Every Touchpoint Count: How to Drive Revenue in an Increasingly Online W...
Make Every Touchpoint Count: How to Drive Revenue in an Increasingly Online W...Make Every Touchpoint Count: How to Drive Revenue in an Increasingly Online W...
Make Every Touchpoint Count: How to Drive Revenue in an Increasingly Online W...Optimizely
 
Empired Convergence 2017 - Transforming you customer experience
Empired Convergence 2017 - Transforming you customer experienceEmpired Convergence 2017 - Transforming you customer experience
Empired Convergence 2017 - Transforming you customer experienceEmpired
 
How to Be A Successful Agile Product Manager
How to Be A Successful Agile Product ManagerHow to Be A Successful Agile Product Manager
How to Be A Successful Agile Product ManagerThoughtworks
 
Bright Spots Analysis - Sample Report
Bright Spots Analysis - Sample ReportBright Spots Analysis - Sample Report
Bright Spots Analysis - Sample ReportBryan Cassady
 
Principles of effective software quality management
Principles of effective software quality managementPrinciples of effective software quality management
Principles of effective software quality managementNeeraj Tripathi
 
Continuous Improvement Program Workshop
Continuous Improvement Program WorkshopContinuous Improvement Program Workshop
Continuous Improvement Program WorkshopBarcoding, Inc.
 

Ähnlich wie An Experimentation Framework: How to Position for Triple Digit Growth (20)

[Webinar] Scaling experimentation: 5 key pillars of maturity by Nick So
[Webinar] Scaling experimentation: 5 key pillars of maturity by Nick So[Webinar] Scaling experimentation: 5 key pillars of maturity by Nick So
[Webinar] Scaling experimentation: 5 key pillars of maturity by Nick So
 
How to Effectively Experiment in PM by LendingTree Sr PM
How to Effectively Experiment in PM by LendingTree Sr PMHow to Effectively Experiment in PM by LendingTree Sr PM
How to Effectively Experiment in PM by LendingTree Sr PM
 
Lunch & Learn - Secret to Successful Experimentation
Lunch & Learn - Secret to Successful ExperimentationLunch & Learn - Secret to Successful Experimentation
Lunch & Learn - Secret to Successful Experimentation
 
Pursuing Customer Inspired Growth
Pursuing Customer Inspired GrowthPursuing Customer Inspired Growth
Pursuing Customer Inspired Growth
 
[DSC MENA 24] Ahmed_Refaay_- Where to Start Your Data Analytics Journey.pptx
[DSC MENA 24] Ahmed_Refaay_- Where to Start Your Data Analytics Journey.pptx[DSC MENA 24] Ahmed_Refaay_- Where to Start Your Data Analytics Journey.pptx
[DSC MENA 24] Ahmed_Refaay_- Where to Start Your Data Analytics Journey.pptx
 
How To Build a Winning Experimentation Program & Team | Optimizely ANZ Webinar 8
How To Build a Winning Experimentation Program & Team | Optimizely ANZ Webinar 8How To Build a Winning Experimentation Program & Team | Optimizely ANZ Webinar 8
How To Build a Winning Experimentation Program & Team | Optimizely ANZ Webinar 8
 
Strategic HR Driven Organziation Growth
Strategic HR Driven Organziation Growth Strategic HR Driven Organziation Growth
Strategic HR Driven Organziation Growth
 
Turning Failed Tests into Big Wins at Box
Turning Failed Tests into Big Wins at BoxTurning Failed Tests into Big Wins at Box
Turning Failed Tests into Big Wins at Box
 
The Science of Innovation: Sept 24
The Science of Innovation: Sept 24The Science of Innovation: Sept 24
The Science of Innovation: Sept 24
 
Agile Development in Highly Regulated Organizations
Agile Development in Highly Regulated OrganizationsAgile Development in Highly Regulated Organizations
Agile Development in Highly Regulated Organizations
 
Vistage CEO Session
Vistage CEO SessionVistage CEO Session
Vistage CEO Session
 
Bright Spots Analysis
Bright Spots Analysis  Bright Spots Analysis
Bright Spots Analysis
 
Lean LaunchPad: Analytics Workshop
Lean LaunchPad: Analytics WorkshopLean LaunchPad: Analytics Workshop
Lean LaunchPad: Analytics Workshop
 
Make Every Touchpoint Count: How to Drive Revenue in an Increasingly Online W...
Make Every Touchpoint Count: How to Drive Revenue in an Increasingly Online W...Make Every Touchpoint Count: How to Drive Revenue in an Increasingly Online W...
Make Every Touchpoint Count: How to Drive Revenue in an Increasingly Online W...
 
Empired Convergence 2017 - Transforming you customer experience
Empired Convergence 2017 - Transforming you customer experienceEmpired Convergence 2017 - Transforming you customer experience
Empired Convergence 2017 - Transforming you customer experience
 
How to Be A Successful Agile Product Manager
How to Be A Successful Agile Product ManagerHow to Be A Successful Agile Product Manager
How to Be A Successful Agile Product Manager
 
Bright Spots Analysis - Sample Report
Bright Spots Analysis - Sample ReportBright Spots Analysis - Sample Report
Bright Spots Analysis - Sample Report
 
Principles of effective software quality management
Principles of effective software quality managementPrinciples of effective software quality management
Principles of effective software quality management
 
Continuous Improvement Program Workshop
Continuous Improvement Program WorkshopContinuous Improvement Program Workshop
Continuous Improvement Program Workshop
 
Synbio london 040214
Synbio london 040214Synbio london 040214
Synbio london 040214
 

Mehr von Optimizely

The Science of Getting Testing Right
The Science of Getting Testing RightThe Science of Getting Testing Right
The Science of Getting Testing RightOptimizely
 
Atlassian's Mystique CLI, Minimizing the Experiment Development Cycle
Atlassian's Mystique CLI, Minimizing the Experiment Development CycleAtlassian's Mystique CLI, Minimizing the Experiment Development Cycle
Atlassian's Mystique CLI, Minimizing the Experiment Development CycleOptimizely
 
Autotrader Case Study: Migrating from Home-Grown Testing to Best-in-Class Too...
Autotrader Case Study: Migrating from Home-Grown Testing to Best-in-Class Too...Autotrader Case Study: Migrating from Home-Grown Testing to Best-in-Class Too...
Autotrader Case Study: Migrating from Home-Grown Testing to Best-in-Class Too...Optimizely
 
Zillow + Optimizely: Building the Bridge to $20 Billion Revenue
Zillow + Optimizely: Building the Bridge to $20 Billion RevenueZillow + Optimizely: Building the Bridge to $20 Billion Revenue
Zillow + Optimizely: Building the Bridge to $20 Billion RevenueOptimizely
 
The Future of Optimizely for Technical Teams
The Future of Optimizely for Technical TeamsThe Future of Optimizely for Technical Teams
The Future of Optimizely for Technical TeamsOptimizely
 
Empowering Agents to Provide Service from Anywhere: Contact Centers in the Ti...
Empowering Agents to Provide Service from Anywhere: Contact Centers in the Ti...Empowering Agents to Provide Service from Anywhere: Contact Centers in the Ti...
Empowering Agents to Provide Service from Anywhere: Contact Centers in the Ti...Optimizely
 
Experimentation Everywhere: Create Exceptional Online Shopping Experiences an...
Experimentation Everywhere: Create Exceptional Online Shopping Experiences an...Experimentation Everywhere: Create Exceptional Online Shopping Experiences an...
Experimentation Everywhere: Create Exceptional Online Shopping Experiences an...Optimizely
 
Building an Experiment Pipeline for GitHub’s New Free Team Offering
Building an Experiment Pipeline for GitHub’s New Free Team OfferingBuilding an Experiment Pipeline for GitHub’s New Free Team Offering
Building an Experiment Pipeline for GitHub’s New Free Team OfferingOptimizely
 
AMC Networks Experiments Faster on the Server Side
AMC Networks Experiments Faster on the Server SideAMC Networks Experiments Faster on the Server Side
AMC Networks Experiments Faster on the Server SideOptimizely
 
Evolving Experimentation from CRO to Product Development
Evolving Experimentation from CRO to Product DevelopmentEvolving Experimentation from CRO to Product Development
Evolving Experimentation from CRO to Product DevelopmentOptimizely
 
Overcoming the Challenges of Experimentation on a Service Oriented Architecture
Overcoming the Challenges of Experimentation on a Service Oriented ArchitectureOvercoming the Challenges of Experimentation on a Service Oriented Architecture
Overcoming the Challenges of Experimentation on a Service Oriented ArchitectureOptimizely
 
How The Zebra Utilized Feature Experiments To Increase Carrier Card Engagemen...
How The Zebra Utilized Feature Experiments To Increase Carrier Card Engagemen...How The Zebra Utilized Feature Experiments To Increase Carrier Card Engagemen...
How The Zebra Utilized Feature Experiments To Increase Carrier Card Engagemen...Optimizely
 
Making Your Hypothesis Work Harder to Inform Future Product Strategy
Making Your Hypothesis Work Harder to Inform Future Product StrategyMaking Your Hypothesis Work Harder to Inform Future Product Strategy
Making Your Hypothesis Work Harder to Inform Future Product StrategyOptimizely
 
Kick Your Assumptions: How Scholl's Test-Everything Culture Drives Revenue
Kick Your Assumptions: How Scholl's Test-Everything Culture Drives RevenueKick Your Assumptions: How Scholl's Test-Everything Culture Drives Revenue
Kick Your Assumptions: How Scholl's Test-Everything Culture Drives RevenueOptimizely
 
Experimentation through Clients' Eyes
Experimentation through Clients' EyesExperimentation through Clients' Eyes
Experimentation through Clients' EyesOptimizely
 
Shipping to Learn and Accelerate Growth with GitHub
Shipping to Learn and Accelerate Growth with GitHubShipping to Learn and Accelerate Growth with GitHub
Shipping to Learn and Accelerate Growth with GitHubOptimizely
 
Test Everything: TrustRadius Delivers Customer Value with Experimentation
Test Everything: TrustRadius Delivers Customer Value with ExperimentationTest Everything: TrustRadius Delivers Customer Value with Experimentation
Test Everything: TrustRadius Delivers Customer Value with ExperimentationOptimizely
 
Optimizely Agent: Scaling Resilient Feature Delivery
Optimizely Agent: Scaling Resilient Feature DeliveryOptimizely Agent: Scaling Resilient Feature Delivery
Optimizely Agent: Scaling Resilient Feature DeliveryOptimizely
 
The Future of Software Development
The Future of Software DevelopmentThe Future of Software Development
The Future of Software DevelopmentOptimizely
 
Practical Use Case: How Dosh Uses Feature Experiments To Accelerate Mobile De...
Practical Use Case: How Dosh Uses Feature Experiments To Accelerate Mobile De...Practical Use Case: How Dosh Uses Feature Experiments To Accelerate Mobile De...
Practical Use Case: How Dosh Uses Feature Experiments To Accelerate Mobile De...Optimizely
 

Mehr von Optimizely (20)

The Science of Getting Testing Right
The Science of Getting Testing RightThe Science of Getting Testing Right
The Science of Getting Testing Right
 
Atlassian's Mystique CLI, Minimizing the Experiment Development Cycle
Atlassian's Mystique CLI, Minimizing the Experiment Development CycleAtlassian's Mystique CLI, Minimizing the Experiment Development Cycle
Atlassian's Mystique CLI, Minimizing the Experiment Development Cycle
 
Autotrader Case Study: Migrating from Home-Grown Testing to Best-in-Class Too...
Autotrader Case Study: Migrating from Home-Grown Testing to Best-in-Class Too...Autotrader Case Study: Migrating from Home-Grown Testing to Best-in-Class Too...
Autotrader Case Study: Migrating from Home-Grown Testing to Best-in-Class Too...
 
Zillow + Optimizely: Building the Bridge to $20 Billion Revenue
Zillow + Optimizely: Building the Bridge to $20 Billion RevenueZillow + Optimizely: Building the Bridge to $20 Billion Revenue
Zillow + Optimizely: Building the Bridge to $20 Billion Revenue
 
The Future of Optimizely for Technical Teams
The Future of Optimizely for Technical TeamsThe Future of Optimizely for Technical Teams
The Future of Optimizely for Technical Teams
 
Empowering Agents to Provide Service from Anywhere: Contact Centers in the Ti...
Empowering Agents to Provide Service from Anywhere: Contact Centers in the Ti...Empowering Agents to Provide Service from Anywhere: Contact Centers in the Ti...
Empowering Agents to Provide Service from Anywhere: Contact Centers in the Ti...
 
Experimentation Everywhere: Create Exceptional Online Shopping Experiences an...
Experimentation Everywhere: Create Exceptional Online Shopping Experiences an...Experimentation Everywhere: Create Exceptional Online Shopping Experiences an...
Experimentation Everywhere: Create Exceptional Online Shopping Experiences an...
 
Building an Experiment Pipeline for GitHub’s New Free Team Offering
Building an Experiment Pipeline for GitHub’s New Free Team OfferingBuilding an Experiment Pipeline for GitHub’s New Free Team Offering
Building an Experiment Pipeline for GitHub’s New Free Team Offering
 
AMC Networks Experiments Faster on the Server Side
AMC Networks Experiments Faster on the Server SideAMC Networks Experiments Faster on the Server Side
AMC Networks Experiments Faster on the Server Side
 
Evolving Experimentation from CRO to Product Development
Evolving Experimentation from CRO to Product DevelopmentEvolving Experimentation from CRO to Product Development
Evolving Experimentation from CRO to Product Development
 
Overcoming the Challenges of Experimentation on a Service Oriented Architecture
Overcoming the Challenges of Experimentation on a Service Oriented ArchitectureOvercoming the Challenges of Experimentation on a Service Oriented Architecture
Overcoming the Challenges of Experimentation on a Service Oriented Architecture
 
How The Zebra Utilized Feature Experiments To Increase Carrier Card Engagemen...
How The Zebra Utilized Feature Experiments To Increase Carrier Card Engagemen...How The Zebra Utilized Feature Experiments To Increase Carrier Card Engagemen...
How The Zebra Utilized Feature Experiments To Increase Carrier Card Engagemen...
 
Making Your Hypothesis Work Harder to Inform Future Product Strategy
Making Your Hypothesis Work Harder to Inform Future Product StrategyMaking Your Hypothesis Work Harder to Inform Future Product Strategy
Making Your Hypothesis Work Harder to Inform Future Product Strategy
 
Kick Your Assumptions: How Scholl's Test-Everything Culture Drives Revenue
Kick Your Assumptions: How Scholl's Test-Everything Culture Drives RevenueKick Your Assumptions: How Scholl's Test-Everything Culture Drives Revenue
Kick Your Assumptions: How Scholl's Test-Everything Culture Drives Revenue
 
Experimentation through Clients' Eyes
Experimentation through Clients' EyesExperimentation through Clients' Eyes
Experimentation through Clients' Eyes
 
Shipping to Learn and Accelerate Growth with GitHub
Shipping to Learn and Accelerate Growth with GitHubShipping to Learn and Accelerate Growth with GitHub
Shipping to Learn and Accelerate Growth with GitHub
 
Test Everything: TrustRadius Delivers Customer Value with Experimentation
Test Everything: TrustRadius Delivers Customer Value with ExperimentationTest Everything: TrustRadius Delivers Customer Value with Experimentation
Test Everything: TrustRadius Delivers Customer Value with Experimentation
 
Optimizely Agent: Scaling Resilient Feature Delivery
Optimizely Agent: Scaling Resilient Feature DeliveryOptimizely Agent: Scaling Resilient Feature Delivery
Optimizely Agent: Scaling Resilient Feature Delivery
 
The Future of Software Development
The Future of Software DevelopmentThe Future of Software Development
The Future of Software Development
 
Practical Use Case: How Dosh Uses Feature Experiments To Accelerate Mobile De...
Practical Use Case: How Dosh Uses Feature Experiments To Accelerate Mobile De...Practical Use Case: How Dosh Uses Feature Experiments To Accelerate Mobile De...
Practical Use Case: How Dosh Uses Feature Experiments To Accelerate Mobile De...
 

Kürzlich hochgeladen

IAC 2024 - IA Fast Track to Search Focused AI Solutions
IAC 2024 - IA Fast Track to Search Focused AI SolutionsIAC 2024 - IA Fast Track to Search Focused AI Solutions
IAC 2024 - IA Fast Track to Search Focused AI SolutionsEnterprise Knowledge
 
Tech-Forward - Achieving Business Readiness For Copilot in Microsoft 365
Tech-Forward - Achieving Business Readiness For Copilot in Microsoft 365Tech-Forward - Achieving Business Readiness For Copilot in Microsoft 365
Tech-Forward - Achieving Business Readiness For Copilot in Microsoft 3652toLead Limited
 
Finology Group – Insurtech Innovation Award 2024
Finology Group – Insurtech Innovation Award 2024Finology Group – Insurtech Innovation Award 2024
Finology Group – Insurtech Innovation Award 2024The Digital Insurer
 
Presentation on how to chat with PDF using ChatGPT code interpreter
Presentation on how to chat with PDF using ChatGPT code interpreterPresentation on how to chat with PDF using ChatGPT code interpreter
Presentation on how to chat with PDF using ChatGPT code interpreternaman860154
 
Swan(sea) Song – personal research during my six years at Swansea ... and bey...
Swan(sea) Song – personal research during my six years at Swansea ... and bey...Swan(sea) Song – personal research during my six years at Swansea ... and bey...
Swan(sea) Song – personal research during my six years at Swansea ... and bey...Alan Dix
 
The Codex of Business Writing Software for Real-World Solutions 2.pptx
The Codex of Business Writing Software for Real-World Solutions 2.pptxThe Codex of Business Writing Software for Real-World Solutions 2.pptx
The Codex of Business Writing Software for Real-World Solutions 2.pptxMalak Abu Hammad
 
Handwritten Text Recognition for manuscripts and early printed texts
Handwritten Text Recognition for manuscripts and early printed textsHandwritten Text Recognition for manuscripts and early printed texts
Handwritten Text Recognition for manuscripts and early printed textsMaria Levchenko
 
04-2024-HHUG-Sales-and-Marketing-Alignment.pptx
04-2024-HHUG-Sales-and-Marketing-Alignment.pptx04-2024-HHUG-Sales-and-Marketing-Alignment.pptx
04-2024-HHUG-Sales-and-Marketing-Alignment.pptxHampshireHUG
 
FULL ENJOY 🔝 8264348440 🔝 Call Girls in Diplomatic Enclave | Delhi
FULL ENJOY 🔝 8264348440 🔝 Call Girls in Diplomatic Enclave | DelhiFULL ENJOY 🔝 8264348440 🔝 Call Girls in Diplomatic Enclave | Delhi
FULL ENJOY 🔝 8264348440 🔝 Call Girls in Diplomatic Enclave | Delhisoniya singh
 
How to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected WorkerHow to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected WorkerThousandEyes
 
Automating Business Process via MuleSoft Composer | Bangalore MuleSoft Meetup...
Automating Business Process via MuleSoft Composer | Bangalore MuleSoft Meetup...Automating Business Process via MuleSoft Composer | Bangalore MuleSoft Meetup...
Automating Business Process via MuleSoft Composer | Bangalore MuleSoft Meetup...shyamraj55
 
CNv6 Instructor Chapter 6 Quality of Service
CNv6 Instructor Chapter 6 Quality of ServiceCNv6 Instructor Chapter 6 Quality of Service
CNv6 Instructor Chapter 6 Quality of Servicegiselly40
 
Slack Application Development 101 Slides
Slack Application Development 101 SlidesSlack Application Development 101 Slides
Slack Application Development 101 Slidespraypatel2
 
Google AI Hackathon: LLM based Evaluator for RAG
Google AI Hackathon: LLM based Evaluator for RAGGoogle AI Hackathon: LLM based Evaluator for RAG
Google AI Hackathon: LLM based Evaluator for RAGSujit Pal
 
08448380779 Call Girls In Diplomatic Enclave Women Seeking Men
08448380779 Call Girls In Diplomatic Enclave Women Seeking Men08448380779 Call Girls In Diplomatic Enclave Women Seeking Men
08448380779 Call Girls In Diplomatic Enclave Women Seeking MenDelhi Call girls
 
[2024]Digital Global Overview Report 2024 Meltwater.pdf
[2024]Digital Global Overview Report 2024 Meltwater.pdf[2024]Digital Global Overview Report 2024 Meltwater.pdf
[2024]Digital Global Overview Report 2024 Meltwater.pdfhans926745
 
Transforming Data Streams with Kafka Connect: An Introduction to Single Messa...
Transforming Data Streams with Kafka Connect: An Introduction to Single Messa...Transforming Data Streams with Kafka Connect: An Introduction to Single Messa...
Transforming Data Streams with Kafka Connect: An Introduction to Single Messa...HostedbyConfluent
 
My Hashitalk Indonesia April 2024 Presentation
My Hashitalk Indonesia April 2024 PresentationMy Hashitalk Indonesia April 2024 Presentation
My Hashitalk Indonesia April 2024 PresentationRidwan Fadjar
 
Transcript: #StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024
Transcript: #StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024Transcript: #StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024
Transcript: #StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024BookNet Canada
 
Raspberry Pi 5: Challenges and Solutions in Bringing up an OpenGL/Vulkan Driv...
Raspberry Pi 5: Challenges and Solutions in Bringing up an OpenGL/Vulkan Driv...Raspberry Pi 5: Challenges and Solutions in Bringing up an OpenGL/Vulkan Driv...
Raspberry Pi 5: Challenges and Solutions in Bringing up an OpenGL/Vulkan Driv...Igalia
 

Kürzlich hochgeladen (20)

IAC 2024 - IA Fast Track to Search Focused AI Solutions
IAC 2024 - IA Fast Track to Search Focused AI SolutionsIAC 2024 - IA Fast Track to Search Focused AI Solutions
IAC 2024 - IA Fast Track to Search Focused AI Solutions
 
Tech-Forward - Achieving Business Readiness For Copilot in Microsoft 365
Tech-Forward - Achieving Business Readiness For Copilot in Microsoft 365Tech-Forward - Achieving Business Readiness For Copilot in Microsoft 365
Tech-Forward - Achieving Business Readiness For Copilot in Microsoft 365
 
Finology Group – Insurtech Innovation Award 2024
Finology Group – Insurtech Innovation Award 2024Finology Group – Insurtech Innovation Award 2024
Finology Group – Insurtech Innovation Award 2024
 
Presentation on how to chat with PDF using ChatGPT code interpreter
Presentation on how to chat with PDF using ChatGPT code interpreterPresentation on how to chat with PDF using ChatGPT code interpreter
Presentation on how to chat with PDF using ChatGPT code interpreter
 
Swan(sea) Song – personal research during my six years at Swansea ... and bey...
Swan(sea) Song – personal research during my six years at Swansea ... and bey...Swan(sea) Song – personal research during my six years at Swansea ... and bey...
Swan(sea) Song – personal research during my six years at Swansea ... and bey...
 
The Codex of Business Writing Software for Real-World Solutions 2.pptx
The Codex of Business Writing Software for Real-World Solutions 2.pptxThe Codex of Business Writing Software for Real-World Solutions 2.pptx
The Codex of Business Writing Software for Real-World Solutions 2.pptx
 
Handwritten Text Recognition for manuscripts and early printed texts
Handwritten Text Recognition for manuscripts and early printed textsHandwritten Text Recognition for manuscripts and early printed texts
Handwritten Text Recognition for manuscripts and early printed texts
 
04-2024-HHUG-Sales-and-Marketing-Alignment.pptx
04-2024-HHUG-Sales-and-Marketing-Alignment.pptx04-2024-HHUG-Sales-and-Marketing-Alignment.pptx
04-2024-HHUG-Sales-and-Marketing-Alignment.pptx
 
FULL ENJOY 🔝 8264348440 🔝 Call Girls in Diplomatic Enclave | Delhi
FULL ENJOY 🔝 8264348440 🔝 Call Girls in Diplomatic Enclave | DelhiFULL ENJOY 🔝 8264348440 🔝 Call Girls in Diplomatic Enclave | Delhi
FULL ENJOY 🔝 8264348440 🔝 Call Girls in Diplomatic Enclave | Delhi
 
How to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected WorkerHow to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected Worker
 
Automating Business Process via MuleSoft Composer | Bangalore MuleSoft Meetup...
Automating Business Process via MuleSoft Composer | Bangalore MuleSoft Meetup...Automating Business Process via MuleSoft Composer | Bangalore MuleSoft Meetup...
Automating Business Process via MuleSoft Composer | Bangalore MuleSoft Meetup...
 
CNv6 Instructor Chapter 6 Quality of Service
CNv6 Instructor Chapter 6 Quality of ServiceCNv6 Instructor Chapter 6 Quality of Service
CNv6 Instructor Chapter 6 Quality of Service
 
Slack Application Development 101 Slides
Slack Application Development 101 SlidesSlack Application Development 101 Slides
Slack Application Development 101 Slides
 
Google AI Hackathon: LLM based Evaluator for RAG
Google AI Hackathon: LLM based Evaluator for RAGGoogle AI Hackathon: LLM based Evaluator for RAG
Google AI Hackathon: LLM based Evaluator for RAG
 
08448380779 Call Girls In Diplomatic Enclave Women Seeking Men
08448380779 Call Girls In Diplomatic Enclave Women Seeking Men08448380779 Call Girls In Diplomatic Enclave Women Seeking Men
08448380779 Call Girls In Diplomatic Enclave Women Seeking Men
 
[2024]Digital Global Overview Report 2024 Meltwater.pdf
[2024]Digital Global Overview Report 2024 Meltwater.pdf[2024]Digital Global Overview Report 2024 Meltwater.pdf
[2024]Digital Global Overview Report 2024 Meltwater.pdf
 
Transforming Data Streams with Kafka Connect: An Introduction to Single Messa...
Transforming Data Streams with Kafka Connect: An Introduction to Single Messa...Transforming Data Streams with Kafka Connect: An Introduction to Single Messa...
Transforming Data Streams with Kafka Connect: An Introduction to Single Messa...
 
My Hashitalk Indonesia April 2024 Presentation
My Hashitalk Indonesia April 2024 PresentationMy Hashitalk Indonesia April 2024 Presentation
My Hashitalk Indonesia April 2024 Presentation
 
Transcript: #StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024
Transcript: #StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024Transcript: #StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024
Transcript: #StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024
 
Raspberry Pi 5: Challenges and Solutions in Bringing up an OpenGL/Vulkan Driv...
Raspberry Pi 5: Challenges and Solutions in Bringing up an OpenGL/Vulkan Driv...Raspberry Pi 5: Challenges and Solutions in Bringing up an OpenGL/Vulkan Driv...
Raspberry Pi 5: Challenges and Solutions in Bringing up an OpenGL/Vulkan Driv...
 

An Experimentation Framework: How to Position for Triple Digit Growth

  • 1. An Experimentation Framework Brion Hickey Growth, Cisco How to Position for Triple Digit Growth Hudson Arnold Senior Strategy Consultant Optimizely
  • 2. Operationalizing Experimentation for Enterprises Mass adoption of experimentation and the resulting alignment gap
  • 3. “The connected economy continues its path of creative destruction, so much so that it is changing the nature of competition itself. Nearly all companies surveyed by Gartner (89%) believe that customer experience will be their primary basis for competition ... For example, consumer product companies that have relied on developing new features, improved customer service and product innovation to drive growth now see a future where competitive advantage will be based on the customer experience. “In many industries, hypercompetition has eroded traditional product and service advantages, making customer experience the new competitive battlefield. With an overabundance of alternatives and ubiquitous access to pricing and product information, consumers have little reason to remain loyal to a particular brand.” Historic Changes Put Customer Experience At The Forefront of Competition Jake Sorofman, Research Director, Gartner
  • 4. Digital Leaders Have Already Fully Operationalized Experimentation Jake Sorofman, Research Director, Gartner
  • 5. “Most large organizations embrace the idea of invention, but are not willing to suffer the string of failed experiments necessary to get there. Outsized returns often come from betting against conventional wisdom, and conventional wisdom is usually right. Given a ten percent chance of a 100 times payoff, you should take that bet every time. But you’re still going to be wrong nine times out of ten.” —Jeff Bezos 2015 Shareholder Letter
  • 6. “Every product change Netflix considers goes through a rigorous A/B testing process before becoming the default user experience.”
  • 7.
  • 8. The only constant is change, and the rate of change is increasing. The only way to keep up is to be constantly experimenting and innovating. Hyper-growth and experimentation are very closely linked. The philosophy is you have to build your company to be a big experimental engine and it has to start right at the beginning. It’s not easy to just “retrofit” that engine in later—it’s a cultural shift. You have to be in the mindset of constantly testing crazy ideas, new business models, new products, and new processes. —Jeff Holden Chief Product Officer
  • 9. Digital Leaders Set the Standard for Experimentation ... … Magnifying the ‘Alignment Gap’
  • 10. Mind the Alignment Gap VS Leading Experimentation Organizations Lagging Experimentation Organizations ● Teams work on independent optimization roadmaps ● Central groups leverage dedicated technology to collect data, conduct experiments and surface insights ● Strategy and metrics for digital performance directly linked to company success and widely circulated ● Collective expertise creates virtuous cycle of learning and best practices ● Experimentation treated as series of tactics to ‘improve conversion rate’ ● Skill sets and tools divided across functional silos or (if available at all), while individuals or small teams work on experiments with limited support ● Goals and processes poorly formalized, lack executive sponsorship ● Consumer intentions and digital behavior poorly understood
  • 11. “Most [Customer Intelligence] professionals that Forrester interviewed estimated that 30% or fewer digital customer interactions are used in some form of online testing, while only 61% have had an active online testing program for two or more years.†” Optimize Customer Experiences With Online Testing And Continuous Optimization, January 26, 2016 James McCormick Principal Analyst Consumer Insights This ‘Alignment Gap’ is an Opportunity to Leapfrog Competition
  • 12. An Experimental Framework To Position for Triple Digit Growth As a strategic focus to ensure impact and ROI from experimentation for your company Brion Hickey Growth, Cisco
  • 13. About Me Over 120 companies worldwide Then Now
  • 15. Growth at Cisco Support a diverse organization Empower with best practices Deliver ongoing ROI 70,000+ employees across a variety of organizations. How to get started or accelerate experimentation depending on the needs of the organization. Help Cisco employees focus on the right metrics to drive success.
  • 16. 1. Frequency of A/B Tests Launched 2. Reach of A/B Testing Capability 3. Complexity of A/B Tests
  • 17. 1. Frequency of A/B Tests Launched
  • 18. 1. Frequency over Ideas Challenge Status Quo ● How many test has your team launch last week, month year? ● Be honest with that number and measure: 0, 5, 10, 30? ● What would it take to double the number of experiments? ● Identify the bottlenecks and fix? Designers, front dev, QA?
  • 19. 1. Frequency over Ideas Reduce Process No committees No brainstorming No meetings Just go!
  • 20. 1. Frequency over Ideas Reduce Process “Don’t take it personally.” “Relax! It’s just a test.” “Conflicting ideas? Let’s test them :)”
  • 21. 1. Frequency over Ideas Why?
  • 22. Recipe A Recipe B 66% increase in leads
  • 23. 1. Frequency over Ideas More experiments = more knowledge ● Share ● Create your own Summit - We did :D ● Document findings ● Create easily accessible knowledge base Example: Understand what your users are responsive to relative to your category. Expose and exploit
  • 24. 2. Reach of A/B Testing Capability
  • 25. 2. Reach of A/B Testing Capability Landing page Conversion ● This is our typical thought process. ● What do we mean by reach? ● Is anything missing?
  • 26. 2. Reach of A/B Testing Capability Landing page ConversionStep 1 Step 2 Step 3 Step 4 Step 5 Step 6 Step 7 ● Is every aspect of your funnel measure? ● Are you experimenting at each step? ● What else do we mean by reach?
  • 27. 2. Reach of A/B Testing Capability Landing page ConversionStep 1 Step 2 Step 3 Step 4 Step 5 Step 6 Step 7 Landing page (Mobile) ConversionStep 1 Step 2 Step 3 Step 4 Step 5 Step 6 Step 7
  • 28. 2. Reach of A/B Testing Capability Landing page ConversionStep 1 Step 2 Step 3 Step 4 Step 5 Step 6 Step 7 Landing page (Mobile) ConversionStep 1 Step 2 Step 3 Step 4 Step 5 Step 6 Step 7 Landing page (Localized) ConversionStep 1 Step 2 Step 3 Step 4 Step 5 Step 6 Step 7
  • 29. 2. Experiment Reach Translates to Compound Gains More than just landing pages and leads Map out the entire customer journey Reach positions you for greater likelihood of compound gains Illustrate friction points Focus on “micro yeses” Homepage Customers Page Pricing Page Contact Sales Form
  • 30. 2. Reach of A/B Testing Capability Why?
  • 31. Reach Translates to Compound Gains Landing page ConversionStep 1 Step 2 Step 3 Step 4 Step 5 Step 6 Step 7 ● No reason to boil the ocean ● Focus on base hits ● Wins compound
  • 32. Product Page Example Landing page ConversionStep 1 Step 2 Step 3 Step 4 Step 5 50% more visitors down funnel
  • 33. Product Page Example Landing page ConversionStep 1 Step 2 Step 3 Step 4 Step 5 50% more visitors down funnel 20% more visitors down funnel
  • 34. 3. Complexity of A/B Tests
  • 35. 3. Complexity is a Benefit in Optimization Simple A/B testing yields outstanding results Increase in complexity provides depth of understanding Examples: Multivariate testing Behavioral targeting and personalization
  • 36. Complexity Example Landing page ConversionStep 1 Step 2 Step 3 Step 4 Step 5 50% more visitors down funnel 20% more visitors down funnel6% more visitors down funnel
  • 37. Impact for Cisco ● Ability to move quickly and iterate, make decisions with data ● Generate a demonstrable impact on company’s growth KPIs ● Enable teams to experiment at their pace while promoting best practices
  • 38. Takeaways Optimize for Speed of Experiments Who are you Impacting? Strive for Complexity Take a hard look at what’s preventing you from moving faster. Understand the reach of your experiments and increase it. Aim for more complex experiments to increase understanding.
  • 42. Leading vs. Lagging • Website & Apps are marketing and sales channels, only recently focus of top leadership, if at all • Enfranchised teams work on independent optimization roadmaps TEAMS EXPERIMENTATION ORGANIZATIONS • Experimentation treated as series of tactics to ‘improve conversion rate’ • Experimentation is deeply embedded into company culture EXPERIMENTATION • Skill sets and tools divided across functional silos or not available at all • Central groups manage data collection and analysis, empowers individuals with resources and process TOOL SETS SKILL LEVELS • Lone individuals or small teams working through design, production, and analysis despite limited experience • Dedicated, customized technology conducts experiments and surfaces insights PERFORMANCE • Goals and processes poorly formalized, lack executive sponsorship • Strategy and metrics for digital performance directly linked to company success and widely circulated PRACTICES • Consumer intentions and digital behavior poorly understood • Collective expertise creates virtuous cycle of learning and best practices
  • 43. “When it comes to innovation, most managers must operate in a world where they lack sufficient data to inform their decisions. Consequently, they often rely on their experience or intuition. But ideas that are truly innovative—that is, those that can reshape industries— typically go against the grain of executive experience and conventional wisdom.” Why don’t more companies conduct rigorous tests of their risky overhauls and expensive proposals? Because most organizations are reluctant to fund proper business experiments and have considerable difficulty executing them. Although the process of experimentation seems straightforward, it is surprisingly hard in practice.” Experimentation is the Key to Unlocking Innovation But it is Historically Underfunded by Businesses —Stefan Thomke and Jim Manzi