Date post: | 15-Aug-2015 |
Category: |
Marketing |
Upload: | unbound-events |
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Introduction to Multi-Variate Testing
Most marketing professionals are using some form of testing to determine which is the best message to send to their customers.
• Angie’s List has had success using multi-variate testing
• When used correctly, this method allows you to test the effectiveness of an unlimited number of variations.
• Used in conjunction with A/B testing to eliminate false positives or other analytical pitfalls.
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History of MVT
1747 – First origins Of a MVT When James Lind
Discovered a cure for scurvy
1980 – Genichi Taguchi Develops MVT method to Improve manufacturing
1876 – Charles S. Peirce writes the First English Language Publication on optimal design
2000 – Daniel McFadden Wins Nobel Prize in Economics
For Choice Modeling MVT technique
2015 – Angie’s List Embraces a technique first developed in
1747 to sell more stuff
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Testing 101
At Angie’s List we A/B test every new idea we have.
This method is tried and true, easy to analyze, and generally produced significant results.
New Idea ≠ Best Idea
To determine the best, we would need rounds of A/B testing.
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Benefits of MVT Optimal design lets you test 1000's of variations in the time it takes you to run a simple A/B test.
Isolates specific elements to determine which exact part of the new design performed so well. Eliminates the need to run several sequential A/B tests on the same page with the same goal. Work smarter, not harder.