Experimentation How Lenovo built a successful optimization practice - - PowerPoint PPT Presentation

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Experimentation How Lenovo built a successful optimization practice - - PowerPoint PPT Presentation

Experimentation How Lenovo built a successful optimization practice that drove a 12X ROI in six months Ashish Braganza Jon Powell Sr. Manager, Global Business Intelligence Sr. Manager, Research and Strategy Lenovo MECLABS Ashish Braganza


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How Lenovo built a successful optimization practice that drove a 12X ROI in six months

Experimentation

Ashish Braganza Jon Powell

  • Sr. Manager, Global Business Intelligence
  • Sr. Manager, Research and Strategy

Lenovo MECLABS

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Ashish Braganza

Senior Manager, Global Business Intelligence abraganza@lenovo.com

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How to start & build an Optimization Practice?

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How to organize the Practice? See the results.

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Technology is easy . . . . . . overcoming organizational inertia is difficult.

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There are 6 rules…

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Run Crawl Walk Fly

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Testing and Optimization is not the Cavalry . . . . . . it’s the SWAT team!

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THE SPADE MODEL Strategy Project Management Analytics Design & Content S P A D E Engineering

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STRATEGY

Singular focus that aligns to Profit Centers!

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PROJECT MANAGEMENT

Need a great quarterback!

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ANALYTICS

Fewer KPI’s and keep it simple!

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DESIGN

Agency agnostic, all recipes can be tested!

Recipe B Recipe A

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ENGINEERING

Launch early and iterate.

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“In God we trust; all others must bring data.”

– W. Edwards Deming, Statistician

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Experience C Experience A – Default Experience B

495% Lift in click through @ 95% confidence

Example 1: PC Finder Test

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Experience A – Default

Example 2: Japan Reinforced Messaging

2 3 1 2 1 3 Experience B – Reinforced Shipping Message

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Experience A – Default Experience B - Detailed View

Example 3: Japan Configurator Test

41% lift in RPV @ 99% confidence

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Example 4: Integrating 3rd Party Data

Adobe Test&Target

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Example 4: Integrating 3rd Party Data

Experience A – Default Experience B – Targeted Banners

based on Modeling Group

59% lift in RPV @ 95% confidence ~8X ROI

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Example 4: ~8X Return on Investment

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How to start & build an Optimization Practice?

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How to organize the Practice? See the results.

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Ashish Braganza

  • Sr. Manager, Global Business Intelligence, Lenovo

abraganza@lenovo.com LinkedIn: http://www.linkedin.com/in/ashishbraganza

Jon Powell

  • Sr. Manager, Research and Strategy, MECLABS

jon.powell@meclabs.com LinkedIn: http://www.linkedin.com/in/jonpowell31