Webinar_ Demystifying A_B Testing_ Simplified Success for Your Campaigns (1).pdf

VWO
VWOContent Marketer at Wingify um VWO
Demystifying
A/B Testing
Simplified Success for Your Campaigns
1
Speaker
HEIDI PAUER
Strategist
Lifecycle Marketing
98%
2
Agenda
● Why testing is important
● Testing strategies to use right now
● How to take action
● Case studies
● 5 checks for success
3
Why Testing Is Important
4
Why A/B Testing Is Important
Percent of
companies that
perform A/B testing
on their email
campaigns
59%
Average revenue per
unique visitor can
increase by
up to 50%
50%
Email conversion
can improve by up to
49% from
conducting A/B
tests
49%
5
Sources: EnterpriseApps Today, VWO, Campaign Monitor
Testing Tips
DEFINE YOUR GOALS
● What are you looking to achieve from this test?
○ Higher click rates, higher conversion rates, drive incremental revenue, etc.
EXECUTE TRUE A/B SPLITS
● Resist the temptation to test more than one variable at a time
● Compare a test variation against a control group
● Avoid multivariate testing as it tends to introduce too much complexity and potential for erroneous results
SET IT UP FOR SUCCESS
● Use a large enough sample size so you are able to see results. Typically we recommend each group be at least
10K subscribers
● Run any single test at least 4-5 times as this helps uncover trends and reduces noise
● Know what you are measuring and do not test just because
6
Testing Strategies To Use
Right Now
7
What To Test
Testing Time
● Time of day & try testing offset times
● Day of the week
● Frequency testing
● Campaign duration
● Seasonal timing
Creative Tests
● Short vs. long templates
● Reformatting the layout
● Use of product imagery - lifestyle vs studio
● Text link vs button CTA
Dynamic Content
● Product Recommendations vs Static
● Adding behavioral content to campaigns
○ Reminder Banners recently viewed or
carted products
○ Loyalty Status
8
Creating Variations
9
Testing Ideas
● Subject line variations can include
personalization, length, emojis or $ vs %
● Sender names can include brand, status,
personalization
● CTA can include design, placement, copy,
etc.
● Personalization can vary in sender name,
subject line and even email creative
● Timing can vary based on time of day,
timezone or day of week
Shop Now Try it on!
I’m in
Discover
VS
Screenshot
Screenshot
10
Testing Opportunities
● Timing: test the best time of day to send your
messages
○ This will differ from what you see in email
● Frequency: test how often you’re sending
● Message content: test different variations of your
message content. Ex: SMS vs MMS
● Call-to-action: test different copy in your CTA or test
asking for a reply vs. clicking a CTA link
● Personalization: test personal elements such as using
recipient's name, location or content based on their
consumer behavior
Overall, SMS testing is an important part of optimizing your
mobile marketing campaigns. By testing different elements
of your text messages, you can improve your engagement
rates and drive better results.
What Can We Do With SMS?
How To Take Action
11
Setup Within Your
Platform
12
● Most platforms include A/B test functionality
○ If not, ensure that you randomly split
your list
● Tests should be run on similar types of sends
to avoid skewed results due to promo or high
impact content
● Groups should be static throughout the test
vs randomized for every send.
● Reduce potential noise by sending at the
same time, from the same IP and domain, etc
Analyzing Your Results
13
● Allow enough time for results to compile
● Run all results through a statistical significance
calculator
○ Recommend using a 95% confidence interval
● Only use calculated metrics to determine winner
● Run tests multiple times to confirm results
● Implement winning strategy based on data, iterate, and
optimize
Case Studies
14
Screenshot
Screenshot
Onsite Overlays
● During sitewide sales Sand Cloud tested having their
overlays match the onsite promotions vs a shopping
spree giveaway.
● Hypothesis: Giveaway would win as it was providing
an additional incentive vs what was already advertised
on the website.
○ Spoiler Alert: We were wrong!
● Matching the sitewide offer
○ +15% increase in CTR
○ +13% increase in Email Sign Ups
○ +25% Increase in SMS Sign Ups
15
Challenge: Brooks Running US wanted to determine what types of content should be
linked in their redesigned email header to generate more engagement.
Solution & Results: Tinuiti ran a series of A/B tests that found having links to
“Women’s” and “Men’s” categories rather than “Shoes” and “Apparel” led to a 64%
increase in click rates while also improving revenue per delivery by 10%.
Brooks Running US Optimizes Its New
Header Through A/B Testing + 64%
Increase in Click
Through Rate
+ 10%
Increase in Rev/Del
Screenshot
Back to the Basics
Simple Letter Format
A/B tested sending an email in a letter formant
from the CMO & Co-Founder at Sand Cloud vs
our standard designed Sale Email to our active
email subscribers.
Results
● +17% increase in Open Rate
● +123% increase in Click Rate
● +106% increase in Revenue/Delivered
17
5 Checks for Success
18
5 Checks for Success
Demystifying A/B Testing: Checks for Success
Don’t over complicate it
Build your test to only have two variables so you are running a true A/B test and
eliminating extra noise that could skew your results.
Know what you are measuring
Have a true variable you are testing against and DO NOT test just because. This will
lead you to having results for that specific email or text, but will not lead you with
any actionable metrics that you can use for future campaigns.
Set it up for Success
Randomize your audience, have a sizeable list to test, and reduce potential noise by
sending at the same time, from the same IP and domain,
Give your test time run
Run the same test across multiple campaigns and make sure you are checking for
statistical significance. We recommend a 95% confidence interval.
Re-evaluate results
As your subscriber lists grow, test again as your audience preferences may change
over time
19
Q&A
20
Thank you!
1 von 21

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Webinar_ Demystifying A_B Testing_ Simplified Success for Your Campaigns (1).pdf

  • 3. Agenda ● Why testing is important ● Testing strategies to use right now ● How to take action ● Case studies ● 5 checks for success 3
  • 4. Why Testing Is Important 4
  • 5. Why A/B Testing Is Important Percent of companies that perform A/B testing on their email campaigns 59% Average revenue per unique visitor can increase by up to 50% 50% Email conversion can improve by up to 49% from conducting A/B tests 49% 5 Sources: EnterpriseApps Today, VWO, Campaign Monitor
  • 6. Testing Tips DEFINE YOUR GOALS ● What are you looking to achieve from this test? ○ Higher click rates, higher conversion rates, drive incremental revenue, etc. EXECUTE TRUE A/B SPLITS ● Resist the temptation to test more than one variable at a time ● Compare a test variation against a control group ● Avoid multivariate testing as it tends to introduce too much complexity and potential for erroneous results SET IT UP FOR SUCCESS ● Use a large enough sample size so you are able to see results. Typically we recommend each group be at least 10K subscribers ● Run any single test at least 4-5 times as this helps uncover trends and reduces noise ● Know what you are measuring and do not test just because 6
  • 7. Testing Strategies To Use Right Now 7
  • 8. What To Test Testing Time ● Time of day & try testing offset times ● Day of the week ● Frequency testing ● Campaign duration ● Seasonal timing Creative Tests ● Short vs. long templates ● Reformatting the layout ● Use of product imagery - lifestyle vs studio ● Text link vs button CTA Dynamic Content ● Product Recommendations vs Static ● Adding behavioral content to campaigns ○ Reminder Banners recently viewed or carted products ○ Loyalty Status 8
  • 9. Creating Variations 9 Testing Ideas ● Subject line variations can include personalization, length, emojis or $ vs % ● Sender names can include brand, status, personalization ● CTA can include design, placement, copy, etc. ● Personalization can vary in sender name, subject line and even email creative ● Timing can vary based on time of day, timezone or day of week Shop Now Try it on! I’m in Discover VS
  • 10. Screenshot Screenshot 10 Testing Opportunities ● Timing: test the best time of day to send your messages ○ This will differ from what you see in email ● Frequency: test how often you’re sending ● Message content: test different variations of your message content. Ex: SMS vs MMS ● Call-to-action: test different copy in your CTA or test asking for a reply vs. clicking a CTA link ● Personalization: test personal elements such as using recipient's name, location or content based on their consumer behavior Overall, SMS testing is an important part of optimizing your mobile marketing campaigns. By testing different elements of your text messages, you can improve your engagement rates and drive better results. What Can We Do With SMS?
  • 11. How To Take Action 11
  • 12. Setup Within Your Platform 12 ● Most platforms include A/B test functionality ○ If not, ensure that you randomly split your list ● Tests should be run on similar types of sends to avoid skewed results due to promo or high impact content ● Groups should be static throughout the test vs randomized for every send. ● Reduce potential noise by sending at the same time, from the same IP and domain, etc
  • 13. Analyzing Your Results 13 ● Allow enough time for results to compile ● Run all results through a statistical significance calculator ○ Recommend using a 95% confidence interval ● Only use calculated metrics to determine winner ● Run tests multiple times to confirm results ● Implement winning strategy based on data, iterate, and optimize
  • 15. Screenshot Screenshot Onsite Overlays ● During sitewide sales Sand Cloud tested having their overlays match the onsite promotions vs a shopping spree giveaway. ● Hypothesis: Giveaway would win as it was providing an additional incentive vs what was already advertised on the website. ○ Spoiler Alert: We were wrong! ● Matching the sitewide offer ○ +15% increase in CTR ○ +13% increase in Email Sign Ups ○ +25% Increase in SMS Sign Ups 15
  • 16. Challenge: Brooks Running US wanted to determine what types of content should be linked in their redesigned email header to generate more engagement. Solution & Results: Tinuiti ran a series of A/B tests that found having links to “Women’s” and “Men’s” categories rather than “Shoes” and “Apparel” led to a 64% increase in click rates while also improving revenue per delivery by 10%. Brooks Running US Optimizes Its New Header Through A/B Testing + 64% Increase in Click Through Rate + 10% Increase in Rev/Del
  • 17. Screenshot Back to the Basics Simple Letter Format A/B tested sending an email in a letter formant from the CMO & Co-Founder at Sand Cloud vs our standard designed Sale Email to our active email subscribers. Results ● +17% increase in Open Rate ● +123% increase in Click Rate ● +106% increase in Revenue/Delivered 17
  • 18. 5 Checks for Success 18
  • 19. 5 Checks for Success Demystifying A/B Testing: Checks for Success Don’t over complicate it Build your test to only have two variables so you are running a true A/B test and eliminating extra noise that could skew your results. Know what you are measuring Have a true variable you are testing against and DO NOT test just because. This will lead you to having results for that specific email or text, but will not lead you with any actionable metrics that you can use for future campaigns. Set it up for Success Randomize your audience, have a sizeable list to test, and reduce potential noise by sending at the same time, from the same IP and domain, Give your test time run Run the same test across multiple campaigns and make sure you are checking for statistical significance. We recommend a 95% confidence interval. Re-evaluate results As your subscriber lists grow, test again as your audience preferences may change over time 19