turn to datadriven: the first 6 months

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Turn to data-driven: the first 6 months simon@goopti.com @sbelak

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Page 1: Turn to datadriven: the first 6 months

Turn to data-driven: the first 6 months

[email protected] @sbelak

Page 2: Turn to datadriven: the first 6 months

• Low cost on demand transports

• Mainly to and from airports

• Two-sided marketplace

• Secret sauce: packaging + smart routing + risk management

!

Comfort of a taxi for the price of a bus.

Page 3: Turn to datadriven: the first 6 months

Goal: can reconstruct every touchpoint and context (internal and external)

Page 4: Turn to datadriven: the first 6 months

Invest in robust ETL

Page 5: Turn to datadriven: the first 6 months

Quick wins buy <3

Page 6: Turn to datadriven: the first 6 months

Quick wins

• Find something that is loosing money

• Find a conversion optimization

!

Quick wins should be obvious in hind site (and yet nobody thought of them until you came along)

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From reports to real-time thinking support:

• 2 min

• 20 min

• fail

• project

Minimize analysis friction

Page 8: Turn to datadriven: the first 6 months

Analyse analysing

Page 9: Turn to datadriven: the first 6 months

⥁Experiment!life-cycle

learn

buildmeasure

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Measure once, question twice

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Experiment tracking

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There is no such thing as a

throwaway• Reusability

• Audit trail

Page 13: Turn to datadriven: the first 6 months

Have means to quickly and frictionlessly share analysis (and keep it up to date).

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KPIs

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With 100 KPIs, none is key — FOCUS!

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One KPI, many metrics

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21

Anscombe's quartet

!

• same mean • same variance • same correlation • same linear regression line

Page 22: Turn to datadriven: the first 6 months

Think in distributions, not numbers

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Your metrics capture external relations

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Becoming data-driven: a quick checklist

✓ Invest in data gathering

✓ Find quick wins

✓ Be methodological

✓ Focus on one KPI at a time, but change often

✓ Beware of dead salmons