test startup concepts with surveys

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Concept Testing with Surveys Eli Schwartz SurveyMonkey

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Concept Testing with SurveysEli SchwartzSurveyMonkey

Who am I?

Subtitle is optionalSurveyMonkey Is the Worlds #1 Survey Platform33MSurvey responses are generated daily17KNew sign-ups daily 90MUnique visitors every month

SurveyMonkey turns online surveys into a hot business.One of the hottest startupsto watch.

We Have 20+ Million Registered Users of All Types

99% of the Fortune 500

https://www.youtube.com/watch?v=tQJG9gPtA4w

What was the name of the car?What is the call to action website?What is the adjective used throughout?What is the tag line?

Quick poll

Why did this fail with this audience?If you are advertising to people that arent your customers you are bound to fail

Find your customer

Make Business Decisions with Data Not Assumptions

ANIMATED10

1111

Implicit Data

Explicit Data

Data Resources

1313

Teeth Whitenig $88How Big Data Can Predict Your Divorce, ABC News/Nightline, December 2012Implicit Data

Or this guy14

Little Data is About the customer

Explicit Data at Scale

Use Online Tools to Collect Data

Paper Surveys

Time ConsumingNot ScalableExpensive

Online FormsLimited Question TypesLimited AnalysisAdvanced Question TypesAdvanced AnalyticsCustomer ServiceSurvey Software

ANIMATED17

Learn everything about your customers

GenderAgeLanguagesEmploymentStatusExerciseInternet UsageMarital StatusGamingHouseholdIncomeLocationEthnicityEducationIndustryDevices

If A & BIf A & B & C

Examples: Women over 75 that use AndroidMales that use Safari on a PC

Think about double pivot and triple pivot19

Implicit and Explicit Data Working Together

Explicit DataSurveyActionImplicit Data

Build personas

Customer research will drive your marketing

chartsarticlesinfographics

blogsPDF

Data

ANIMATED22

A good product will carry a poor pitch

What should you charge?Price = value

Attributed Testedn=423n=423n=423Clicked call to action9 %9%12%Placed in basket15%17%20%Went to checkout page13%17% (A)30% (AB)Paid15%13%17%Average Score % Ranked #113%33%14%28%20%39%

ABCTest pricing too!

Learn to sit in your customers shoes

Any [email protected] - Twitter: @5le