Date post: | 06-Aug-2015 |
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Technology |
Upload: | ibm-global-entrepreneur |
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How did we get a 600% increase?
Control banner
Best performer
0.67% 4.4%
28,800 combinations
40,000 visitors .
3 weeks
Logo
Value proposition/headline
Descriptive copy
Call to action
Confidence building
Form
What changes will increase conversions by 200%-600%?
What if you could try everything you’d like to try?
eBay logo: display eBay logo: hide
Headline font: Audiowide Headline font: Impact
Headline font: Cambria 20px Headline font: American Typewriter
Headline font: Copperplate
Headline: Don’t miss the live auction Headline: Only a few minutes left! Live Auction
Headline: When it’s gone, it’s gone forever Headline: Win Your Dream Car!
Headline: You Can Win Your Car!
Go! Go to the Auction!
Win the Auction! Win it NOW!
Machine learning algorithms produced the 600% increase in conversions
Control banner
Best performer
0.67% 4.4%
28,800 combinations
40,000 visitors .
3 weeks
Solution: Machine learning algorithms dynamically build and test pages.
Eliminates manual testing Allows marketers to focus on: marketing instead of statistics messaging instead of test protocols business strategy instead of digital technique
Higher conversion rates through combinations Makes A/B testing obsolete
The market is still in its infancy
January 2011
2.5%
Sept 2014
18.2%
0%
5%
10%
15%
20%
25%
30%
Percent of the top 10,000 websites using conversion optimization tools
82% of the top 10,000 sites don’t yet use a conversion optimization product
82% Not using conversion
optimization
1,800 sites
Top 10K sites
93% Not using conversion
optimization
As of September 2014 Top sites from Alexa/Quantcast
Top 100K sites
Digital Certainty team
Neil Iscoe, Ph.D. Previously Associate VP for Research and Director of Technology Commercialization at The University of Texas, Iscoe serves as CEO of Digital Certainty.
Risto Miikkulainen, Ph.D. Miikkulainen has been developing methods for evolving neural networks for over 20 years and is dedicated to automating conversion optimization.
Matt Brutsché, M.B.A. Brutsché specializes in selling, strategy and tactics for increasing the yield of marketing and sales efforts.
The next six months
Expand: Management team Board of advisors/directors
Increase: Beta customers/revenue Vertical markets served
Release: Unrestricted version, Q1 2015 Vertical market versions, Q2, 2015
Raise: First investment round