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Conversion Rate
Optimisation is dead
Mapping the future of
Customer Journey
Optimisation
What we’ll talk about today
• What’s wrong with CRO?
• What’s the alternative?
• How to make it work: a 5-step plan
• CJO in action
• Key takeaways
First, a question
Think about your journey to today’s event1
Rate it out of 102
You got here...
but your journey could
have been better
Today, we’re going
to talk about the
digital equivalent
A bit about us
Hannah Nakano Stewart
VP Global Marketing
Ky Ismet
Client Services Director
Who we are
We make it simple to deliver
customer journeys that convert
200,000 Campaigns
30 billion Interactions
Trusted by 500+ brands
73 million Sales influenced
50 million Carts saved
A combination
of data-driven
service and
technology
We’ve worked with...
ReviewsEmail
Analytics
Affiliates
Integrations and partnerships
to supercharge your stack
Payments
E-commerce platforms
1.
What’s wrong
with CRO?
CRO
is good,
right?
Sure it is.
But it’s an
oversimplification
Goes to
wishlist
Searches
for item
Adds
to cart
Purchase
Goes to
category
page
Browses 5
product
pages
Adds 1
to cart;
abandons
for 2 days
Returns;
purchases
Dwells on
homepage
Searches
for item
Adds to cart;
abandons
for 5 minutes
Returns;
adds
promo code;
purchases
Returning
Visitor
from price
comparison
A new visitor
from incentive /
loyalty
Returning
Customer
from email
They all end in conversion
Job done, right?
Every customer here seemed
to be happy - they converted
But their journey
wasn’t easy... and they might
never come back.
Goes to
category
page
Searches
for item
Adds
to cart
Purchase
Browses
5 product
pages
Returns;
purchases
Dwells on
homepage
Searches
for item
Returns; adds
promo code;
purchases
Adds 1 to cart;
abandons for
2 days
Was unsure
they were
getting the
best deal
Might not
return
Adds to cart;
abandons for
5 minutes
Went
looking
for a promo
code
Goes to
wishlist
Was
disappointed
to see wishlist
empty
Low order
value
Never
comes back
until there’s a
discount
Returning
Visitor
from price
comparison
A new visitor
from incentive /
loyalty
Returning
Customer
from email
Only optimising for the
end result means you
lose sight of the journey
CRO
Means a focus
on one goal
Means a ‘line of best
fit’ to get there
Can compromise your
customer experience
2.
So, what’s the
alternative?
CRO
CJO
Customer
Journey
Optimisation
“Using a data-driven approach to
improving the whole journey
to get more conversions.”
“
”
71%
Of marketers say CJO
is ‘Very important’
Source: Econsultancy & Adobe CX report 2018
And don’t just take our word for it...
71%
50%
Top performing companies
are more likely to have well-
designed journeys
Source: Econsultancy & Adobe CX report 2018
Of marketers say CJO
is ‘Very important’
And don’t just take our word for it...
71%
50%
22%
Well designed journeys help
businesses exceed goals by
22% vs. 14%
Source: Econsultancy & Adobe CX report 2018
Top performing companies
are more likely to have well-
designed journeys
Of marketers say CJO
is ‘Very important’
And don’t just take our word for it...
Source: McKinsey
“Talk to me when
I’m in shopping
mode”
“Remind me of
things I want to
know but might not
be keeping track of.”
“Know me no
matter where I
interact with you.”
“Give me relevant
recommendations I
wouldn’t have
thought of myself.”
Your customers want it too
“Share the value in
a way that’s
meaningful to me”
63%
Of consumers expect brands to know
how they prefer to interact across channels
Yieldify survey of 1000 online shoppers
You stop
Focusing on
the conversion
You start
Focusing on
the journey
Let’s go back to our
customer journeys
Not all visitors are created equal...
Different segments require
different journeys
First time arriving
on site
Returning
website visitor
Cart abandoner
Returning
customer
B2B customer
Goes to
wishlist
Adds
to cart
Purchase
Goes to
category
page
Browses 5
product
pages
Returns;
purchases
Dwells on
homepage
Searches
for item
Adds to cart;
abandons for
5 minutes
Searches
for item
Finds saved
products and
recommendations
based on previous
purchase
Purchases
2 items
Adds 1 to cart;
abandons for
2 days
Shown best-
price
guarantee on
each product
page
Purchases;
entered into
nurture sequence
based on product
choice
Returns; adds
promo code;
purchases
Shares email
address & added
into abandoned
cart sequence
Returning
Visitor
from price
comparison
A new visitor
from incentive /
loyalty
Returning
Customer
from email
Optimising the journey
still yields the conversion
by giving your customer
a better experience
3.
How to make it work:
a 5-step plan
Like all good journeys,
it starts with a map
Take a segment
1
Map all the interactions that they have
on their journey with you
2
Score those interactions; score the
overall journey
3
Identify those moments that will
make the most difference; these are
your Moments of Truth
4
Optimise your
Moments of Truth!
5
Your main challenges will be:
Overcoming silos Scoring the journey
4.
CJO in action
1. Acquire new customers
2. Increase average order value
3. Reduce site abandonment
HEWI customer journey
New visitor arrives,
dwells on page
New visitor arrives,
dwells on page
Banner shows this month’s
favourites
HEWI customer journey
New visitor arrives,
dwells on page
Banner shows this month’s
favourites
User clicks through to favourites,
and selects a Chanel handbag
HEWI customer journey
New visitor arrives,
dwells on page
Banner shows this month’s
favourites
User clicks through to favourites,
and selects a Chanel handbag
After falling inactive, a notification
triggers to direct them to other
products from the same brand
HEWI customer journey
New visitor arrives,
dwells on page
Banner shows this month’s
favourites
User clicks through to favourites,
and selects a Chanel handbag
After falling inactive, a notification
triggers to direct them to other
products from the same brand
Browses Chanel category page,
then shows intent to exit
HEWI customer journey
New visitor arrives,
dwells on page
Banner shows this month’s
favourites
User clicks through to favourites,
and selects a Chanel handbag
After falling inactive, a notification
triggers to direct them to other
products from the same brand
Browses Chanel category page,
then shows intent to exit
Exit message offers an incentive
for newsletter sign up
HEWI customer journey
New visitor arrives,
dwells on page
Banner shows this month’s
favourites
User clicks through to favourites,
and selects a Chanel handbag
After falling inactive, a notification
triggers to direct them to other
products from the same brand
Browses Chanel category page,
then shows intent to exit
Exit message offers an incentive
for newsletter sign up
HEWI customer journey
1. Promote benefits of service
2. Identify the optimal number and sequence of campaigns
3. Drive higher conversion rates with CJO
How would this work for you?
How do you measure it?
5.
Key takeaways
Better journeys means more conversions
Use your 5-step plan to map, prioritise and optimise
CRO has evolved into CJO1
2
3
Come visit us at Stand 47
alcoholic ice-cream
Thank you!

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CRO is Dead: Mapping the future with Customer Journey Optimisation

  • 1. Conversion Rate Optimisation is dead Mapping the future of Customer Journey Optimisation
  • 2. What we’ll talk about today • What’s wrong with CRO? • What’s the alternative? • How to make it work: a 5-step plan • CJO in action • Key takeaways
  • 4. Think about your journey to today’s event1 Rate it out of 102
  • 5. You got here... but your journey could have been better
  • 6. Today, we’re going to talk about the digital equivalent
  • 8. Hannah Nakano Stewart VP Global Marketing Ky Ismet Client Services Director Who we are
  • 9. We make it simple to deliver customer journeys that convert 200,000 Campaigns 30 billion Interactions Trusted by 500+ brands 73 million Sales influenced 50 million Carts saved
  • 12. ReviewsEmail Analytics Affiliates Integrations and partnerships to supercharge your stack Payments E-commerce platforms
  • 15. Sure it is. But it’s an oversimplification
  • 16. Goes to wishlist Searches for item Adds to cart Purchase Goes to category page Browses 5 product pages Adds 1 to cart; abandons for 2 days Returns; purchases Dwells on homepage Searches for item Adds to cart; abandons for 5 minutes Returns; adds promo code; purchases Returning Visitor from price comparison A new visitor from incentive / loyalty Returning Customer from email
  • 17. They all end in conversion Job done, right?
  • 18. Every customer here seemed to be happy - they converted But their journey wasn’t easy... and they might never come back.
  • 19. Goes to category page Searches for item Adds to cart Purchase Browses 5 product pages Returns; purchases Dwells on homepage Searches for item Returns; adds promo code; purchases Adds 1 to cart; abandons for 2 days Was unsure they were getting the best deal Might not return Adds to cart; abandons for 5 minutes Went looking for a promo code Goes to wishlist Was disappointed to see wishlist empty Low order value Never comes back until there’s a discount Returning Visitor from price comparison A new visitor from incentive / loyalty Returning Customer from email
  • 20. Only optimising for the end result means you lose sight of the journey
  • 21. CRO Means a focus on one goal Means a ‘line of best fit’ to get there Can compromise your customer experience
  • 25. “Using a data-driven approach to improving the whole journey to get more conversions.” “ ”
  • 26. 71% Of marketers say CJO is ‘Very important’ Source: Econsultancy & Adobe CX report 2018 And don’t just take our word for it...
  • 27. 71% 50% Top performing companies are more likely to have well- designed journeys Source: Econsultancy & Adobe CX report 2018 Of marketers say CJO is ‘Very important’ And don’t just take our word for it...
  • 28. 71% 50% 22% Well designed journeys help businesses exceed goals by 22% vs. 14% Source: Econsultancy & Adobe CX report 2018 Top performing companies are more likely to have well- designed journeys Of marketers say CJO is ‘Very important’ And don’t just take our word for it...
  • 29. Source: McKinsey “Talk to me when I’m in shopping mode” “Remind me of things I want to know but might not be keeping track of.” “Know me no matter where I interact with you.” “Give me relevant recommendations I wouldn’t have thought of myself.” Your customers want it too “Share the value in a way that’s meaningful to me”
  • 30. 63% Of consumers expect brands to know how they prefer to interact across channels Yieldify survey of 1000 online shoppers
  • 33. Let’s go back to our customer journeys
  • 34. Not all visitors are created equal...
  • 35. Different segments require different journeys First time arriving on site Returning website visitor Cart abandoner Returning customer B2B customer
  • 36. Goes to wishlist Adds to cart Purchase Goes to category page Browses 5 product pages Returns; purchases Dwells on homepage Searches for item Adds to cart; abandons for 5 minutes Searches for item Finds saved products and recommendations based on previous purchase Purchases 2 items Adds 1 to cart; abandons for 2 days Shown best- price guarantee on each product page Purchases; entered into nurture sequence based on product choice Returns; adds promo code; purchases Shares email address & added into abandoned cart sequence Returning Visitor from price comparison A new visitor from incentive / loyalty Returning Customer from email
  • 37. Optimising the journey still yields the conversion by giving your customer a better experience
  • 38. 3. How to make it work: a 5-step plan
  • 39. Like all good journeys, it starts with a map
  • 41. Map all the interactions that they have on their journey with you 2
  • 42. Score those interactions; score the overall journey 3
  • 43. Identify those moments that will make the most difference; these are your Moments of Truth 4
  • 45. Your main challenges will be: Overcoming silos Scoring the journey
  • 47. 1. Acquire new customers 2. Increase average order value 3. Reduce site abandonment
  • 48. HEWI customer journey New visitor arrives, dwells on page
  • 49. New visitor arrives, dwells on page Banner shows this month’s favourites HEWI customer journey
  • 50. New visitor arrives, dwells on page Banner shows this month’s favourites User clicks through to favourites, and selects a Chanel handbag HEWI customer journey
  • 51. New visitor arrives, dwells on page Banner shows this month’s favourites User clicks through to favourites, and selects a Chanel handbag After falling inactive, a notification triggers to direct them to other products from the same brand HEWI customer journey
  • 52. New visitor arrives, dwells on page Banner shows this month’s favourites User clicks through to favourites, and selects a Chanel handbag After falling inactive, a notification triggers to direct them to other products from the same brand Browses Chanel category page, then shows intent to exit HEWI customer journey
  • 53. New visitor arrives, dwells on page Banner shows this month’s favourites User clicks through to favourites, and selects a Chanel handbag After falling inactive, a notification triggers to direct them to other products from the same brand Browses Chanel category page, then shows intent to exit Exit message offers an incentive for newsletter sign up HEWI customer journey
  • 54. New visitor arrives, dwells on page Banner shows this month’s favourites User clicks through to favourites, and selects a Chanel handbag After falling inactive, a notification triggers to direct them to other products from the same brand Browses Chanel category page, then shows intent to exit Exit message offers an incentive for newsletter sign up HEWI customer journey
  • 55. 1. Promote benefits of service 2. Identify the optimal number and sequence of campaigns 3. Drive higher conversion rates with CJO
  • 56.
  • 57. How would this work for you?
  • 58. How do you measure it?
  • 60. Better journeys means more conversions Use your 5-step plan to map, prioritise and optimise CRO has evolved into CJO1 2 3
  • 61. Come visit us at Stand 47 alcoholic ice-cream