Feb
2013

A/B Split Testing and Identifying Target Segments for Marketing Strategies

Many businesses use online marketing strategies to increase the number of visitors to their websites. To test the effectiveness of these strategies, A/B split testing can be used to identify whether they increase visitor conversion to sales. Careful design of the test allows a company to minimise any potential costs and disruptions as well as better understand the demographics of their customer base.

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Nov
2012

Using Targeted Marketing in Promotional Offers

Businesses often want to target promotional offers to a particular subset of their customers. For example, a mobile network provider may wish to target customers who make longer calls. Customer segmentation is a statistical method that divides a market into subsets of customers who share similar characteristics.

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Oct
2012

Accounting for Self-Selection Biases in Customer Satisfaction Surveys

Customer satisfaction surveys are a useful tool for identifying strengths and weaknesses in a business. However, these types of surveys can suffer from a self-selection bias reducing their reliability. Using customer information (such as nationality, age or gender), it is possible to model the probability of a customer responding to a survey and to correct the bias caused by self-selection allowing businesses to better understand customer needs.

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