the inside scoop on trulia's best-in-class optimization strategy

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The Inside Scoop on Trulia’s Best-in-Class Optimization Strategy (And how to apply it to your business)

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Page 1: The Inside Scoop on Trulia's Best-in-Class Optimization Strategy

The Inside Scoop on Trulia’s Best-in-Class Optimization

Strategy(And how to apply it to your business)

Page 2: The Inside Scoop on Trulia's Best-in-Class Optimization Strategy

Gaurav Hardikar Sr. Product Manager @truliarentals

Chris Neumann Founder/Principal @CROmetrics

Cara Harshman Content Marketing Manager @caraharshman

Meet Our SpeakersNeed talking points to introduce each of you

Page 3: The Inside Scoop on Trulia's Best-in-Class Optimization Strategy

Webinar FormatAn interview w/ Chris, Gaurav, and You!

Ask Questions! •Tweet @optimizely •Use the chat or questions panel …and we’ll ask them live

Page 4: The Inside Scoop on Trulia's Best-in-Class Optimization Strategy

• One-stop-shop for consumers searching for real estate.

• Millions of Page Views per day.

• Monetizes by lead generation.

• Best-in-class in optimization.

About Trulia

Page 5: The Inside Scoop on Trulia's Best-in-Class Optimization Strategy

About CROmetrics

•Full service CRO – 10 person team, half engineers.

•Won 3 Opties this year for our work with Trulia & 99designs.

•CEO/GM, VP Marketing, VP Product typically call on CROmetrics as a partner.

There’s Chris

Page 6: The Inside Scoop on Trulia's Best-in-Class Optimization Strategy

Setting the Stage: Trulia’s Success

•Awards

•Better Together Award for a custom integration between Optimizely + Omniture

•Developer Extraordinaire

•Experience of the Year

• 100 tests/year

I’ll give a short blurb about why we’re having this webinar with Trulia of all companies, explain their success with testing backed by the Optie Awards

Page 7: The Inside Scoop on Trulia's Best-in-Class Optimization Strategy

The Inside Scoop on Trulia’s Best-in-Class Optimization Strategy

• Achievements in testing • Optimization team structure • Company culture • Testing process • Sharing results & executive buy-in

Page 8: The Inside Scoop on Trulia's Best-in-Class Optimization Strategy

Trulia’s Testing Team & Program

Page 9: The Inside Scoop on Trulia's Best-in-Class Optimization Strategy

Trulia’s Optimization Team

Page 10: The Inside Scoop on Trulia's Best-in-Class Optimization Strategy

Trulia’s Optimization Tech Stack

•Optimizely •Desktop web •mWeb

•Omniture

Page 11: The Inside Scoop on Trulia's Best-in-Class Optimization Strategy

What does the testing program and process look like at a high level?

• Using Optimizely and CROmetrics for 1 year

• New test every 2-3 weeks; 100+ tests per year

• Test on staging, deploy to live using an audience cookie

• Test again, then deploy to full audience.

Page 12: The Inside Scoop on Trulia's Best-in-Class Optimization Strategy

How does Trulia’s company culture foster optimization?

• Internal culture is very data driven • Lack of ego • True meritocracy - No HiPPOs

• If data shows it works, we will build it

Page 13: The Inside Scoop on Trulia's Best-in-Class Optimization Strategy

• Focus testing on search results page, rental PDP pages (this is where all the traffic is)

• Review key business results from testing

• Lead Conversion, Reg, Saves

How does Trulia use testing to achieve business results?

Page 14: The Inside Scoop on Trulia's Best-in-Class Optimization Strategy

How are results communicated to senior management?

•C-level: Overall metrics improvements, details on an ad-hoc basis

•VP Level: Overall metrics on each test cycle, highlighting on successful tests

•Manager Level: Involved in the outcome of every test

Page 15: The Inside Scoop on Trulia's Best-in-Class Optimization Strategy

How does Trulia come up with ideas to test?

•Good ideas come from everywhere: Upper management, design, product management, engineering, support, etc.

•CROmetrics provides industry level learnings and “gut check” on inbound ideas

•Product manager coordinates through data, intuition

Page 16: The Inside Scoop on Trulia's Best-in-Class Optimization Strategy

How does Trulia share the results of completed tests?

•Central page for completed tests

•Weekly A/B testing meeting to share across consumer products •What is running •What is coming up •What is getting normalized

•Optimization Champion coordinates this

Page 17: The Inside Scoop on Trulia's Best-in-Class Optimization Strategy

Examples of Testing Wins

Page 18: The Inside Scoop on Trulia's Best-in-Class Optimization Strategy

Infinite Scroll Test

15% leads increase

60% pageview increase

Page 19: The Inside Scoop on Trulia's Best-in-Class Optimization Strategy

Mad Libs Form Test

15% leads

increase

Page 20: The Inside Scoop on Trulia's Best-in-Class Optimization Strategy

Email Assurance

5% increase

Page 21: The Inside Scoop on Trulia's Best-in-Class Optimization Strategy

•Nimble team that isn’t afraid to make a decision.

•Right metrics to align and optimize for.

•A company culture with an appetite for rapid experimentation.

Keys to Success

Page 22: The Inside Scoop on Trulia's Best-in-Class Optimization Strategy

Q&A

Page 23: The Inside Scoop on Trulia's Best-in-Class Optimization Strategy

Thank You!

Contact [email protected] with any follow-up questions