scientific method to improve ecommerce marketing
TRANSCRIPT
Scientific method to improve
EcommerceMarketing
Using a process derived from the scientific method,
ecommerce marketers may be able to make their
ads and other promotions more effective,
increasing return on advertising spend and
encouraging growth.
The scientific method is a process to help
researchers learn the truth. It relies on observation,
asking questions, creating a hypothesis,
experimentation, analysis, and refinement.
Adopting some of the scientific method’s steps can
help to improve ecommerce marketing.
Start With Problems and Questions
In a sense, ecommerce marketing is really about
solving problems or meeting challenges.
You open a new online store, but you don’t have
many customers. That’s a problem. Or you have an
established ecommerce shop but your average
order value is low. That’s a problem.
The scientific method starts with observing some
phenomenon and asking questions about it. So try
this with your ecommerce marketing problems. If
you don’t have many customers, ask, “How do I
attract shoppers to my store?”
Then try to make your question more specific. How
do I attract shoppers to my store without buying
ads? How do I attract shoppers to my store this
month? How do I attract male shoppers to my
store?
Develop an Hypothesis
Once you have a question, try to answer it.
You may start with what scientists call a working
hypothesis, which is really a guess meant to help
get you started with research. You read some
articles, you ask questions in forums, or you make
contact with amarketing professional on Twitter.
You learn how others have answered similar
questions and eventually you develop a highly
probable solution of your own.
If your question is, “how do I attract shoppers to
my store without buying ads?,” you may develop a
hypothesis that content marketing will, over time,
attract potential customers.
Similarly, if your question is “how do I attract
shoppers to my store this month?,” you may have
decided that Facebook ads are the solution.
Come up with what you believe is the best answer
to your question.
Test Your Hypothesis
Once a scientist has developed a hypothesis, he
will design a series of experiments meant to test
that hypothesis. Think of it this way: An
experiment is a process that you design
specifically to learn if you’re right or wrong.
So if your question was “how do I attract shoppers
to my store this month?” and your hypothesis is
that Facebook ads are the best solution, develop
an experiment, or likely a series of experiments, to
put Facebook ads to the test.
You may want to (a) create ads for specific
products or brands, (b) test different sorts of
product and lifestyle photography, or, perhaps, (c)
test your ad copy.
Analyze Your Test Results
Scientists carefully review the results of their
experiments. Ultimately, the aim is to either accept
or reject your hypothesis. Were you right about
Facebook ads?
Your analysis may lead to additional questions.
This, too, is part of the process. The important thing
is to genuinely look at how your marketing
experiments turned out, draw some conclusions
from those results, and take what you learned with
you to the next step of the process.
Refine Your Hypothesis or Question
Perhaps your Facebook ad or content marketing or
social media campaign did not turn out exactly as
your hypothesis predicted. Nonetheless, you may
have learned something that you can use to make
your marketing more effective.
For example, perhaps, you learned that a
Facebook ad brought lots of traffic, but not a lot of
conversions. This didn’t make you very happy. So
go back and adjust your question. Instead of
asking how you can attract more shoppers this
month, ask, “how do I make more sales this
month?” or better still “how do I increase profit 20
percent this month?”
The idea is simply to take what you learned and
return to either your hypothesis or question.
Improve it, refine it, and begin to develop new
ecommerce marketing experiments. You’ll be done
with the process when you have effective
marketing tactics that can answer your question
repeatedly.
Don’t FiddleWith Your Results
Your campaigns will be more effective if you begin
each of your marketing plans with a question and
then develop a hypothesis. From there, experiment,
analyze, and refine.
There is one small caveat. Be careful not to fiddle
with your results.
Scientists who know what they expect from an
experiment can sometimes see a result that
doesn’t really exist, or only report data that
supports their hypothesis whilst ignoring evidence
to the contrary. In fact, in 2010, The New Yorker
published an interesting article about scientific
results called “The Truth Wears Off: Is There
Something Wrong with the Scientific Method?.” It
addresses some of the problems of reporting
scientific findings.
The same thing can happen with your marketing
experiments. Let the result speak, if you will, for
itself.