Firstly, showcase the monetary benefits. Highlight how even minor changes have the potential to yield significant profits. Secondly, put emphasis on risk management. Discuss how CRO/experimentation can help avoid expensive mistakes. Lastly, underscore the learning value. Show them how testing provides insights into customer behavior that can't be obtained elsewhere.
CEOs must grasp that experimentation is a means of guiding strategic decisions, not a tactic for quick wins. The value of experimentation comes from long-term learnings and development, not short-term upticks in KPIs.
The value of 'losing' tests. Negative results are viewed as failures when, in fact, they provide immensely valuable insights. Failure is a crucial part of the learning process.
By sharing the stories. Every experiment, successful or otherwise, is a narrative about your customers, your assumptions, and your growth as a company. Celebrate the process, not just the results.
Curiosity and a critical scientific attitude. To excel in CRO, one must be deeply curious about human behavior, technology, business, and the many ways these areas intersect.
By illustrating its capacity to generate incremental revenue, mitigate risk, and provide learnings that drive strategic decisions.
I emphasize that they prevent us from implementing ineffective or even harmful changes, saving us money and time in the long run, plus the positive benefit that can be gained from learning about how customers behave.
Success isn't just about winning tests; it's about generating insights that lead to business improvements. So it's not just about conclusive tests but about the richness of the learnings derived.
Observe - Test - Learn. Observe customer behavior and the performance of the site, Test hypotheses derived from observations, Learn from the results and apply these learnings moving forward.
It's an essential part of the process. It provides depth and context to quantitative data, helping us understand the 'why' behind user behavior.
That CRO is just about increasing conversion rates, and that CRO is a quick-fix solution for underperforming websites. Also, that CRO generates revenue in and of itself. It doesn’t; it just helps you make better decisions about things which generate revenue.
Focus on gathering qualitative insights and experiment with big changes that can provide noticeable results, even with low traffic.
The rise of AI and machine learning will undoubtedly influence CRO, but the human element - understanding customer needs, emotions, and motivations - will remain central to the process.