mvp testing and product marketing (case study)

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SERGEY SUNDUKOVSKIY PH.D. Product Marketing 1

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This presentation explores ways to effectively market MVP. It explores various Marketing Mix concepts applied across traditional and digital marketing channels. Significant 2. Testing Your MVP 3. Design of Experiments 4. Marketing Your MVP 5. PPC Funnel 6. Usability Testing 7. Usability Study

TRANSCRIPT

Page 1: MVP Testing and Product Marketing (case study)

SERGEY SUNDUKOVSKIY PH.D.

Product Marketing1

Page 2: MVP Testing and Product Marketing (case study)

Introduction2

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Background3

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Agenda

PPC FunnelA/B TestingTypes of TestsTest ChainingUsability TestingUsability ToolsCase Study

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Product Marketing

Lie vs. Marketing

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Marketing Mix

Do You Have a Right Marketing Mix? Right Product (start with small number of features) Right Price (start with one price point) Right Place (start concentrated) Right Promotion (do not make it too nuanced)

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Types of Media8

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Media Mix

Not All Media Created Equal Paid (start with one type) Earned (start building fan base) Owned (maximize the opportunity)

Think of Overall Cost ReductionThink of Small Steps

Tracer Bullets Before Cannonballs

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Owned Media

It Is Kind of Free. Do Not Ignore It.

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Marketing Channels

Digital vs. Traditional Marketing

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Channel Mix

Traditional Marketing TV Radio Print

Digital Marketing Email Search Display Social

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Consumer Funnel13

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Marketing Terms14

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PPC Funnel

Offer Velocity Offer ConsistencyOffer Redemption

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Offer Psychology

It's an exercise in psychology, so to speak.

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Offer Velocity

CTR Depends on Offer “Energy”

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Offer Velocity18

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Offer Velocity (cont.)19

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Offer Velocity (cont.)20

ValuableQualitative

QuantitativeQuant./Qual.

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Offer Velocity (cont.)21

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Offer Consistency

She Looked Different on Match.com

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Offer Consistency (cont.)23

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Offer Consistency (cont.)24

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Offer Consistency (cont.)25

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Offer Redemption

Clear Path to Action

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Offer Redemption (cont.)27

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Offer Redemption (cont.)28

Problem 1: Multi-column layout

Problem 2: No headline synchronization

Problem 3: Unclear call to action

Problem 4: Convoluted eye path

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Offer Redemption (cont.)29

Solution 1: Single column flow

Solution 2: Headline synchronization

Solution 3: Distinctive call to action

Solution 4: Clear eye path

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Offer Redemption (cont.)30

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Putting It Together31

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Putting It Together (cont.)32

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Putting It Together (cont.)33

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Putting It Together (cont.)34

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Putting It Together (cont.)35

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Putting It Together (cont.)36

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Putting It Together (cont.)37

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Key Takeaways

Specific and focused ad claimsQualitative language and quantitative claimsAction centric, value expressive offerOffer energy carry overLanding pages offer continuity and consistencyHeadline visit purpose reflectionEye path leading to distinctive call to actionSingle column flow

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Early Testing

It Can Get Complicated

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Alpha (Are You Interested)

Happy Path

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Alpha Testing

What Do We Want to Know? Can You Complete a Happy Paths? Are You Confused? Are You Excited? Are You Bored?

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Private Beta (What Will You Do)

We Are Watching You

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Private Beta

We Are Watching You Hover Areas Attention Areas Click Areas Used Featured

We Are Measuring You Visit Duration Hover Time Return Frequency

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Beta vs. MVP44

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Public Beta (Charge Them Phase)

Free Trial What Is It For?

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Public Beta

What Kind of Customer Are You Going To Be? Active Passive Hibernating Advanced Intermediate Novice

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Product Testing47

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Product Testing

Inflection Points Sign Ups Sign Ins Feature Usability Hibernation Churn

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Decision Making

HIPPO/Highest Paid Person’s Opinion

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Experimentation Testing

ABT – Always Be Testing

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Testing History

Aliens Did Not Build Pyramids

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Testing Testing Tested

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A/B Multifactorial Split Testing

Very Different

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A/B Singlevariate Split Testing

Slightly Different

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Multivariate Testing

That’s a Lot of Combinations

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Design of Experiements55

Google Website Optimizer

Omniture Test & Target

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Reduction Algorithms

Level and Factors

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Problem of Choice

Choose Your Poison

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Experiment Chaining58

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Usability Testing

What vs. Why

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Hotspotting60

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Usability Testing

Eye Tracking

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What Are They Measuring?

AttentionEmotion Task Completion TimeHoveringClicksHotspottingPath

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Crowdsourcing

Rise of the Crowds

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Mechanical Turk

Microtasking Crowdsourcing Platform

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Usability Study Setup65

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Usability Study Setup (cont.)66

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Usability Study Targeting68

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Usability Study Micro-Tasking69

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Usability Study Results70

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Was not sure what to do

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Usability Study Results72

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Feedback

It Is All About Uncensored Feedback

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Usability Study Feedback74

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Usability Study Setup75

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Usability Study Setup (cont.)76

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Usability Study User Targeting77

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Usability Study Micro-Tasking78

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Usability Study Recording79

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Usability Study Survey80

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Usability Testing Tools81