S4E7 - Navigating Stakeholder Management and Gaining Buy-In with Shiva Manjunath
Apr 5, 2024
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Shiva Manjunath, an expert in stakeholder management and conversion rate optimization, shares insights with Ana Kerkovic on fostering collaboration in business. They discuss the shift from chaotic testing methods to structured experimentation. The importance of copy testing in engaging audiences is explored, along with strategies to build trust among stakeholders. They also delve into the intersection of behavioral psychology in marketing. Expect valuable tips on enhancing CRO processes and cultivating a data-driven culture.
Successful stakeholder management hinges on building trust and collaboration to support testing and experimentation, aligning interests with unified goals.
Transitioning to structured experimentation from informal methods requires grounding tests in user research and data-backed insights for effective outcomes.
Deep dives
The Importance of Stakeholder Management
Managing stakeholders is crucial in the optimization process, as it involves aligning their interests with the goals of experiments. Successful conversion rate optimization (CRO) relies on demonstrating to stakeholders that testing can enhance their success rather than undermine their authority. By adopting a supportive and collaborative attitude, optimizers can foster trust and buy-in, making it easier to validate the importance of testing within teams. Establishing rapport helps create a culture that supports experimentation, making it less about proving someone wrong and more about achieving collective success.
Evolving from Spaghetti Testing to Strategic Optimization
Transitioning from informal 'spaghetti testing' to a more structured approach requires incorporating research and user problem identification into the experimentation process. While initial testing phases may focus on a trial-and-error method, a strategic shift involves understanding user needs and crafting hypotheses based on data-backed insights. This evolution ensures that testing is purpose-driven rather than merely trying random ideas, ultimately leading to more effective optimization outcomes. Recognizing the importance of grounding tests in user research enhances the overall quality and relevance of the findings.
The Role of Copy in User Experience
Copy plays a significant role in user engagement and conversion rates, with effective communication being essential to guiding users through a website. Poorly crafted or vague copy can lead to confusion and decreased engagement, while clear, impactful language can significantly enhance the user experience. Recent insights have highlighted that even subtle changes in wording can yield substantial differences in conversion outcomes, underscoring the necessity of rigorous copy testing. As optimizers refine their approaches, understanding the critical nature of well-thought-out copy becomes increasingly paramount.
Adopting an Experimental Mindset
Embracing an experimental mindset within teams drives a culture of learning and growth, focusing on continuous improvement rather than just immediate results. This involves iterating through processes that encourage teams to take measured risks and adapt based on gathered insights. By viewing experimentation as a cycle of research, ideation, testing, and iteration, teams can maintain a proactive approach toward optimization. Building strong cross-functional relationships, particularly with UX teams, can further enhance this process, ensuring that each test is valuable and aligned with user needs.
Shiva Manjanath, discusses with Ana Kerkovic the significance of collaboration with stakeholders and stakeholder management, optimizing CRO processes, transitioning from testing to experimentation, the impact of copy testing, and the need for research-backed strategies in CRO.
Chapters
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00:00 Unlocking Business Growth with Data00:24 Introducing Experiment Nation and Guest Shiva Manjunath00:45 Diving Deep into the World of CRO and Experimentation02:52 The Optimizer's Breakfast: A Routine for Success04:12 Anna Kerkovic Shares Her Journey and Passion for Psychology in CRO05:34 The Art of Persuasion: Manipulation or Motivation?06:29 Strategizing Beyond Spaghetti Testing: A Structured Approach to Experimentation14:15 Building Trust and Navigating Frustration in the CRO Process23:41 From Testing Ideas to Strategic Experimentation: The Journey of Learning31:06 The Importance of Copy Testing and the Future of CRO35:44 Wrapping Up: An Optimistic Outlook on CRO
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