Home > Tracking Campaigns > FunnelFlux

FunnelFlux New Awesome Features - version 1.5140 (11)


10-17-2016 06:30 PM #1 vitavee ()
FunnelFlux New Awesome Features - version 1.5140

Hi everyone,

We have pushed a new version today that brings some great new features, I'm sure you will love them.

The 4 most important ones being:

* Stats QuickViews
* Conversion Paths
* An improved statistical significance calculator
* Multivariate Testing

Let's have a quick look at each of them!

1/ Stats QuickViews

Now, when you click a campaign or funnel name, instead of being redirected to the drilldown reports of that element, you're being redirected to the new Stats QuickView section instead.

That section allows you to see the most important stats very quickly no matter how many million visitors you may have, as all this data is being cached in realtime.

Here's a screenshot:



2/ Conversion Paths

Now, in the drilldown reports, when you select any 2 of the following groupings:

By Lander
By Offer
By Lander and Offer

They are automatically replaced by the "Conversion Path" grouping instead.

The reason is not immediately obvious to users coming from other tracking software where the typical funnel looks like this:



With such a simple funnel, the groupings "Lander + Offer" mean that we want to see the best combination to find out, for example, that Lander 2 followed by Offer 1 gives the most conversions/revenue.

However, in FunnelFlux, "Lander + Offer" does not mean anything, because unlike other trackers, FunnelFlux doesn't force you to have an offer after a lander. Indeed, other trackers do not allow you to track the clicks from lander to lander, in case you have a multi-step preselling sequence. They also do not allow you to have redirect rules after a lander click etc...

Consider the following funnel for example:



In plain English this funnel does this:

* It first sends traffic to either Lander 1 or Lander 2.
* If the visitor doesn't come from Facebook, he is either redirected to Offer1, 2 or 3.
* Otherwise, he is either redirected to Lander 3 or 4 for more pre-selling, and after a click on one of these landers, he is redirected to Offer1, 2 or 3.

Now that gets interesting and you can see why the "Lander" + "Offer" groupings do not mean anything to FunnelFlux as after lander 1 and 2, we do not have an offer; we have a condition. And after that condition, we may go to an offer, or to another lander. This funnel is still quite simple. We have funnels much more complex than this.

With such a funnel, how do you find out the most profitable path?

By using one of FunnelFlux's new "Conversion Path" groupings. They will show you the whole paths leading to the highest number of conversions/revenue.

With the funnel example above you could find out, for example, that on Google Adwords, for the keyword 'widget1' the best path is Lander 1 to Offer 2:



While on Facebook, the best path for Females between 25 to 34 years old is Lander 1, followed by Lander 3 then Offer 3:



Which leads me to the 3rd big improvement in this new version:

3/ An improved statistical significance calculator

Let's expand on the example above, you can now use FunnelFlux's integrated Bayes statistical significance calculator to quickly see if you have a winner:



Based on the conversion rate alone, FunnelFlux tells us that there is no clear winner yet. However, since these 3 offers have different payouts, it's also wise to check out the "Revenue Winners":



And here it is!

FunnelFlux now tells us that, for this traffic segment, you are 98% confident that this path will bring the most revenue.

For direct affiliate marketers, the "revenue winners" is what you will want to use most of the time. The "conversion winners" are more suited to email marketers who want to compare the performance of their lead capture pages.

We don't see it in this screenshot, but there is also an option for "click winners" - which shows you which landers are predicted to get the highest CTR.

Last but not least...

4/ Multivariate Testing!

You can now split test an unlimited number of variations on 1 single landing page.

Check this:

https://tr.funnelflux.com/?flux_fts=...31&flux_cost=0

Each time you enter this funnel, you are being served a lander with a combination of 4 elements:



Only 4 things are being tested at the same time on this page, the heading, the image, the background color of the button, and the button text.

You can of course test an unmlimited number of elements, with an unlimited number of variations per element.

And obviously, don't forget to use FunnelFlux's integrated statistical significance calculator to quickly find the winning variations!



Then you just pick the best variations, merge them together and hop! you have a highly converting lander...

More awesomeness coming soon... stay tuned!


10-17-2016 07:40 PM #2 zeno (Administrator)


10-17-2016 07:49 PM #3 matuloo (Legendary Moderator)

Uhm, took me a while to understand all that info, but conversion paths definitely got my attention! I'd say it's time to move some of my campaigns over to funnel flux Excellent update man!


10-18-2016 12:58 PM #4 vitavee ()

Thanks guys!

@Matuloo, that sounds like the plan of the year Instead of moving existing campaigns, I would suggest to create the new ones on FF, it's easier.


10-19-2016 08:41 AM #5 bbrock32 (Administrator)

This looks like a massive update!

I will run a few campaigns using the MVT and might post a case study here.


10-27-2016 08:34 AM #6 cmdeal (Veteran Member)

I can't wait to try these features out. Great stuff!


10-27-2016 08:39 AM #7 Mr Green (Administrator)

I'm pretty sure I actually own these shows...wonder if I bought them from your amazing lander.


01-30-2017 04:36 PM #8 haypogh (Member)

Quote Originally Posted by vitavee View Post
Hi there,

quick off-top question to the setup quoted above. I see here its possible to rotate the offers as well, which is great.

However, when redirecting to a rotated offer from the lander you will sometimes have a different product image on the lander and then will be redirected to a different offer with a different product image (because of the rotation).

Let's say I have this setup:
Traffic -> LP 1 (50%), LP 2 (50$) -> Rotator -> Offer 1 (50%), Offer 2 (50%)

How can this issue be solved? Can the product images + product names on the landers change based on the offer rotation?

Thanks
Mike


01-30-2017 05:12 PM #9 caurmen (Administrator)

Multivariate testing?

AWESOME.

Great timing. I'm just about to start testing something that will REALLY benefit from these new features.


01-30-2017 05:49 PM #10 ericnyc (Member)

Im thinking of starting to use FunnelFlux. Few questions.

1. The multivariate testing example above, does FF actually rotate images/buttons etc or do i have to create 4 separate landing pages?
2. Can FF properly handle Google conversion pixel and gclid?
3. Can FF properly handle Gemini conversion pixel?
4. Any current promotions on FF for new customers?


01-30-2017 09:27 PM #11 eurasianguru (Member)

Quote Originally Posted by ericnyc View Post
Im thinking of starting to use FunnelFlux. Few questions.

1. The multivariate testing example above, does FF actually rotate images/buttons etc or do i have to create 4 separate landing pages?
You need only ONE lp and MVT is working great!


Home > Tracking Campaigns > FunnelFlux