+ All Categories
Home > Business > Dan siroker data testing and business business of software conference 2013

Dan siroker data testing and business business of software conference 2013

Date post: 29-Oct-2014
Category:
Upload: the-bln-business-of-software
View: 289 times
Download: 0 times
Share this document with a friend
Description:
Dan Siroker, CEO, Optimizely talks about Data Testing and Business Business of Software Conference 2013
Popular Tags:
89
A/B Testing Dan Siroker Co-Founder & CEO If data can help win elections, what can it help you do for your business?
Transcript
Page 1: Dan siroker data testing and business business of software conference 2013

A/B Testing

Dan SirokerCo-Founder & CEO

If data can help win elections, what can it help you do for your business?

Page 2: Dan siroker data testing and business business of software conference 2013

‘05‘06‘07‘08’09’10

Page 3: Dan siroker data testing and business business of software conference 2013
Page 4: Dan siroker data testing and business business of software conference 2013
Page 5: Dan siroker data testing and business business of software conference 2013
Page 6: Dan siroker data testing and business business of software conference 2013
Page 7: Dan siroker data testing and business business of software conference 2013
Page 8: Dan siroker data testing and business business of software conference 2013

‘05‘06‘07‘08’09’10

Page 9: Dan siroker data testing and business business of software conference 2013

$0

$1

$2

$3

$4

$5

$6

$7

2010 Q1

Q2 Q3 Q4 2011 Q1

Q2 Q3 Q4 2012 Q1

Q2 Q3 Q4

Mill

ion

s

Page 10: Dan siroker data testing and business business of software conference 2013

$0

$1

$2

$3

$4

$5

$6

$7

2010 Q1

Q2 Q3 Q4 2011 Q1

Q2 Q3 Q4 2012 Q1

Q2 Q3 Q4

Mill

ion

s

Dan

Pete Eric Elliot

Team: 4Customers: 644

Annual Run Rate: $0.1m

Page 11: Dan siroker data testing and business business of software conference 2013

$0

$1

$2

$3

$4

$5

$6

$7

2010 Q1

Q2 Q3 Q4 2011 Q1

Q2 Q3 Q4 2012 Q1

Q2 Q3 Q4

Mill

ion

s

Dan

Pete Eric Elliot

Ricky

Jeff P

Team: 10 (+150%)Customers: 1,508 (+134%)

Annual Run Rate: $1.2m(+982%)

Ryan M

Mat

Meng Xiao

Julio

Page 12: Dan siroker data testing and business business of software conference 2013

$0

$1

$2

$3

$4

$5

$6

$7

2010 Q1

Q2 Q3 Q4 2011 Q1

Q2 Q3 Q4 2012 Q1

Q2 Q3 Q4

Mill

ion

s

Dan

Pete Eric Elliot

Ricky

Jeff P

Ryan M

Mat

Meng Xiao

Julio

Sonesh

Mik

Jodie

Sandy

Brendan

Tommy

Dogan

Tyle

Arthu

Greg

Alan

Cara

Cristian

Lauren

Katy

Ryan L

Dae-Ho

Ian

Steve

Jeff Z

Amina

Byron

Shanann

Dan G

Sophie

Jon

Joanna

Jonathan

Travis

Ashley

Cyrus

Eddie

Team: 42 (+320%)Customers: 3,460 (+129%)

Annual Run Rate: $7.6m (+533%)

Page 13: Dan siroker data testing and business business of software conference 2013

$0

$1

$2

$3

$4

$5

$6

$7

2010 Q1

Q2 Q3 Q4 2011 Q1

Q2 Q3 Q4 2012 Q1

Q2 Q3 Q4

Mill

ion

s

Page 14: Dan siroker data testing and business business of software conference 2013

$0

$1

$2

$3

$4

$5

$6

$7

2010 Q1

Q2 Q3 Q4 2011 Q1

Q2 Q3 Q4 2012 Q1

Q2 Q3 Q4

Million

s

Page 15: Dan siroker data testing and business business of software conference 2013

$0 $1 $2 $3 $4 $5 $6 $7 $8 $9

$10 $11 $12 $13 $14 $15 $16 $17 $18 $19

$20 $21 $22 $23 $24 $25 $26 $27 $28

2010 Q1

Q2 Q3 Q4 2011 Q1

Q2 Q3 Q4 2012 Q1

Q2 Q3 Q4 2013 Q1

Q2 Q3 Q4

Mill

ion

s

Actual Projection

Page 16: Dan siroker data testing and business business of software conference 2013

$0 $1 $2 $3 $4 $5 $6 $7 $8 $9

$10 $11 $12 $13 $14 $15 $16 $17 $18 $19

$20 $21 $22 $23 $24 $25 $26 $27 $28

2010 Q1

Q2 Q3 Q4 2011 Q1

Q2 Q3 Q4 2012 Q1

Q2 Q3 Q4 2013 Q1

Q2 Q3 Q4

Mill

ion

s

Actual Projection

Cyrus

Eddie

Dan

Pete Eric Elliot

Ricky

Jeff P

Ryan M

Mat Meng XiaoJulio

Sonesh

Mik

Jodie

Sandy

Brendan

Tommy

Dogan

Tyle

Arthu

Greg

Alan

Cara

Cristian

Lauren

Katy

Ryan L

Dae-Ho

Ian

Steve

Jeff Z

Amina

Byron

Shanann

Dan G

Sophie

Jon

Joanna

Jonathan

Travis

Ashley

Team: 42

Page 17: Dan siroker data testing and business business of software conference 2013

$0 $1 $2 $3 $4 $5 $6 $7 $8 $9

$10 $11 $12 $13 $14 $15 $16 $17 $18 $19

$20 $21 $22 $23 $24 $25 $26 $27 $28

2010 Q1

Q2 Q3 Q4 2011 Q1

Q2 Q3 Q4 2012 Q1

Q2 Q3 Q4 2013 Q1

Q2 Q3 Q4

Mill

ion

s

Actual Projection

Cyrus

Eddie

Dan

Pete Eric Elliot

Ricky

Jeff P

Ryan M

Mat Meng XiaoJulio

Sonesh

Mik

Jodie

Sandy

Brendan

Tommy

Dogan

Tyle

Arthu

Greg

Alan

Cara

Cristian

Lauren

Katy

Ryan L

Dae-Ho

Ian

Steve

Jeff Z

Amina

Byron

Shanann

Dan G

Sophie

Jon

Joanna

Jonathan

Travis

Ashley

Bo

Lisa

Miyo

Robin

James

David

Marius

Steve

Brian

Amelia

Luke

Adam

Adrian

Bradley

Brett

Jen

Ash

Richar

Lucas

Aaron

Gary

Etienne

Andrea

Neha

Chrix

Nick

Nick

Chris

Jamie

Helen

Tammie

Evan

Grace

Benson

Westly

Marco

Daniel

Kasra

Omari

Eric

Mustafa

Waylon

Fabian

Cate

Saum

Khattaab

Junan

Anshu

Bryce

Lacy

Natarajan

Katie

Andy

Ranjit

Grant

SG

Andy

Pedro

Danielle

Tai

Laura

Darwish

Amanda

Nikhil

Ryan

Hemant

Megan

Oren

Courtney

Kent

Ural

Toby

Oliver

Julia

Jaron

Jonathan

Adam

Asia

Pamela

Martjin

Ben

Becca

Michael

Christop

Dan

Eduar

Yonat

Chris

Chris

Rama

Team: 130 (+210%)

Page 18: Dan siroker data testing and business business of software conference 2013
Page 19: Dan siroker data testing and business business of software conference 2013
Page 20: Dan siroker data testing and business business of software conference 2013
Page 21: Dan siroker data testing and business business of software conference 2013
Page 22: Dan siroker data testing and business business of software conference 2013
Page 23: Dan siroker data testing and business business of software conference 2013
Page 24: Dan siroker data testing and business business of software conference 2013

How?

Page 25: Dan siroker data testing and business business of software conference 2013
Page 26: Dan siroker data testing and business business of software conference 2013

Limited Life Experience

Page 27: Dan siroker data testing and business business of software conference 2013

Limited Life Experience+

Overgeneralization

Page 28: Dan siroker data testing and business business of software conference 2013

Limited Life Experience+

Overgeneralization=

Advice-Paul Buchheit

Page 29: Dan siroker data testing and business business of software conference 2013

Lesson #1:

Define success.

Page 30: Dan siroker data testing and business business of software conference 2013

Lesson #1:

Define success .

Page 31: Dan siroker data testing and business business of software conference 2013

Lesson #1:

Define quantifiable success metrics.

Page 32: Dan siroker data testing and business business of software conference 2013

Visitvisitors per day

Emailsign up

rate$

$ per recipient

Page 33: Dan siroker data testing and business business of software conference 2013

Visit Email $sign up

rate $ per recipientvisitors per day

Page 34: Dan siroker data testing and business business of software conference 2013

Media

Button

Page 35: Dan siroker data testing and business business of software conference 2013
Page 36: Dan siroker data testing and business business of software conference 2013

Button:

1. Sign Up

2. Learn More

3. Join Us Now

4. Sign Up Now

Media:

1. Get Involved Image

2. Family Image

3. Change Image

4. Barack’s Video

5. Springfield Video

6. Sam’s Video

Splash page experimentVariations:

Page 37: Dan siroker data testing and business business of software conference 2013

Button: “Sign Up”

Page 38: Dan siroker data testing and business business of software conference 2013

Button: “Learn More”

Page 39: Dan siroker data testing and business business of software conference 2013

Button: “Join Us Now”

Page 40: Dan siroker data testing and business business of software conference 2013

Button: “Sign Up Now”

Page 41: Dan siroker data testing and business business of software conference 2013

Button:

1. Sign Up

2. Learn More

3. Join Us Now

4. Sign Up Now

Media:

1. Get Involved Image

2. Family Image

3. Change Image

4. Barack’s Video

5. Springfield Video

6. Sam’s Video

Variations:

Splash page experiment

Page 42: Dan siroker data testing and business business of software conference 2013

Media: “Get Involved”

Page 43: Dan siroker data testing and business business of software conference 2013

Media: “Family”

Page 44: Dan siroker data testing and business business of software conference 2013

Media: “Change”

Page 45: Dan siroker data testing and business business of software conference 2013

Media: “Barack’s Video”

Page 46: Dan siroker data testing and business business of software conference 2013

Media: “Springfield Video”

Page 47: Dan siroker data testing and business business of software conference 2013

Media: “Sam’s Video”

Page 48: Dan siroker data testing and business business of software conference 2013

Button:

1. Sign Up

2. Learn More

3. Join Us Now

4. Sign Up Now

Media:

1. Get Involved Image

2. Family Image

3. Change Image

4. Barack’s Video

5. Springfield Video

6. Sam’s Video

Variations:

Splash page experiment

Page 49: Dan siroker data testing and business business of software conference 2013

Splash page experiment

Page 50: Dan siroker data testing and business business of software conference 2013

Splash page experiment

Page 51: Dan siroker data testing and business business of software conference 2013

Splash page experiment

Page 52: Dan siroker data testing and business business of software conference 2013

Email Subscriptions Volunteers Amount

Raised

Original: 7,120,000 712,000 $143,000,000

+40.6% +2,880,000 +288,000 +$57,000,000

New: 10,000,000 1,000,000 $200,000,000

Splash page experiment

Page 53: Dan siroker data testing and business business of software conference 2013

Email Subscriptions Volunteers Amount

Raised

Original: 7,120,000 712,000 $143,000,000

+40.6% +2,880,000 +288,000 +$57,000,000

New: 10,000,000 1,000,000 $200,000,000

Splash page experiment

Page 54: Dan siroker data testing and business business of software conference 2013

Email Subscriptions Volunteers Amount

Raised

Original: 7,120,000 712,000 $143,000,000

+40.6% +2,880,000 +288,000 +$57,000,000

New: 10,000,000 1,000,000 $200,000,000

Splash page experiment

Page 55: Dan siroker data testing and business business of software conference 2013

Lesson #1:

Define quantifiable success metrics.

Page 56: Dan siroker data testing and business business of software conference 2013

Lesson #2:

Less is more. Reduce choices.

Page 57: Dan siroker data testing and business business of software conference 2013

vs.

+15% conversion rate

+10% $ per visitor

Page 58: Dan siroker data testing and business business of software conference 2013

vs.

+20% submissions

Page 59: Dan siroker data testing and business business of software conference 2013

vs.

+16.8% $ per visitor

Page 60: Dan siroker data testing and business business of software conference 2013

vs.

+43.8% purchases

Page 61: Dan siroker data testing and business business of software conference 2013

Lesson #2:

Less is more. Reduce choices.

Page 62: Dan siroker data testing and business business of software conference 2013

Lesson #3:

Words matter. Focus on your call to action.

Page 63: Dan siroker data testing and business business of software conference 2013

Donation button experiment

Variations

Page 64: Dan siroker data testing and business business of software conference 2013

Donation button experiment

VariationsNever

Signed UpSigned Up,

Never DonatedPreviously Donated

0.0% 0.0% 0.0%+2.3% +27.8% +16.3%-27.8% N/A N/A+15.2% -24.6% +11.9%+8.5% +2.9% +18.4%

Page 65: Dan siroker data testing and business business of software conference 2013

vs.

+14.6% clicks

Page 66: Dan siroker data testing and business business of software conference 2013

vs.+15.75% $ per visitor

Page 67: Dan siroker data testing and business business of software conference 2013

Lesson #3:

Words matter. Focus on your call to action.

Page 68: Dan siroker data testing and business business of software conference 2013

Lesson #4:

Seek the global maximum.

Page 69: Dan siroker data testing and business business of software conference 2013

Source: http://blog.intercom.io/criticism-and-two-way-streets/

Page 70: Dan siroker data testing and business business of software conference 2013

vs.

Page 72: Dan siroker data testing and business business of software conference 2013
Page 73: Dan siroker data testing and business business of software conference 2013
Page 74: Dan siroker data testing and business business of software conference 2013

vs.

+0.5% retention+1.4% engagement

Page 75: Dan siroker data testing and business business of software conference 2013

vs.

+600% engagement

Page 76: Dan siroker data testing and business business of software conference 2013

vs.

+49% conversion rate from 240 A/B tests

Page 77: Dan siroker data testing and business business of software conference 2013

Lesson #4:

Seek the global maximum.

Page 78: Dan siroker data testing and business business of software conference 2013

Lesson #5:

Start today.

Page 79: Dan siroker data testing and business business of software conference 2013
Page 80: Dan siroker data testing and business business of software conference 2013
Page 81: Dan siroker data testing and business business of software conference 2013
Page 82: Dan siroker data testing and business business of software conference 2013

Source: http://techcrunch.com/2013/04/10/optimizely-series-a/

Page 83: Dan siroker data testing and business business of software conference 2013

Source: http://techcrunch.com/2013/04/10/optimizely-series-a/

Page 84: Dan siroker data testing and business business of software conference 2013

5,000+ Happy Customers!

Page 85: Dan siroker data testing and business business of software conference 2013

Lesson #5:

Start today.

Page 86: Dan siroker data testing and business business of software conference 2013

1. Define quantifiable success metrics.

2. Less is more. Reduce choices.

3. Words matter. Focus on your call to action.

4. Seek the global maximum.

5. Start today.

Lessons Learned

Page 87: Dan siroker data testing and business business of software conference 2013

One more thing...

Page 88: Dan siroker data testing and business business of software conference 2013
Page 89: Dan siroker data testing and business business of software conference 2013

A/B Testing

Dan SirokerCo-Founder & CEO

If data can help win elections, what can it help you do for your business?


Recommended