There questions about design marketing test design!! SPSS and Excel are needed!!!
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Final Exam
Impact of testing different landing pages
November, 2016
Background
X.com marketing director has consulted with a few agencies and discussed potential impact of building a few landing pages to maximize engagement, registrations and net sales on the retail website.
You were hired as a consultant to help the director make a decision.
The marketing manager decided to test 4 landing pages:
A – “On Sale” products without an offer
B – “On Sale” products with a strong offer: 30% off
C – Hot New Merchandise: New Arrivals with an offer 20% off
D – Hot New Merchandise: New Arrivals without an offer
E (Control) – Current frontpage
Assumptions:
1) All landing pages include registration bottom
2) All landing pages have a similar creative design
3) Average order revenue = $125
4) Landing page subsequent click rate off the current frontpage = 1.4%, and in external media we don’t mention any promotions or discounts.
5) COGS = 30% of Gross Revenue
6) Production cost of 1 landing page = $3000
Definitions:
- Engagement is defined as number of pages per visit.
- Registrations are defined as number of visitors who registered but not purchased.
- Net Sales is total revenue minus ( COGS, total offer costs and promotion costs).
Test Strategy, design and implementation
Please layout a test plans with all relevant:
· Marketing objectives
· The profit drivers
· Detailed test design: what do we test, how do we test?
· Test administration and implementation
· Organizational coordination and collaboration
· Data collection
· Proforma P&L
· Measurement methodology , statistical testing (show at least 4 tests)
· Key findings and recommendations
Questions/Deliverables: Write a test design including the following sections:
· Marketing objectives
· The profit drivers: Clearly define what are the KPIs
· Detailed test design: what do we test, how do we test?
· Hypotheses testing: write at least 4 H0/H1 pairs
· Test administration and implementation:
· Determine at 95% confidence internal
· What are the minimum samples sizes needed per cell?
· Please provide start and end dates for the testing
· Organizational coordination and collaboration
· Who does what?
· What are the steps from planning to execution?
· Time frames
· Data collection
· What data do we collect?
· Who collect the data
· When does it delivered for analysis
· Proforma P&L
· Please develop a Proforma P&L to assess the viability and test priorities
· Primary and Secondary KPIs