admin, Author at Aakaasa IT Solution

The Power of A/B Testing: The Difference Small Changes Can Make for Your Marketing

Split testing.

Marketing is a decision-based world. At any given moment, you’ve got a variety of options floating in front of you. Which of those two headlines should you use in your next e-mail? Which of those three font choices looks the best on your print flyer? Which of the three graphics will ultimately reflect your brand in the best way?

If you’re wondering how small changes will affect the greater success of your marketing campaign in the eyes of your users, why don’t you just ask them? That, in a nutshell, is what A/B testing is all about.

What Is A/B Testing?

Sometimes referred to as split testing, A/B testing involves comparing two or more versions of something to see which one is more effective. In marketing terms, it’s easy to see the value of this approach almost immediately. Do you have two similar, yet different, versions of an e-mail subject line and are wondering which one might be the most effective? Get an e-mail list of 100 of your average customers together and try both at the same time. Send one version to a group of fifty customers and the second version to the other fifty. See which one performed better (and why) before making the decision of which one to use for your whole campaign.

A/B Testing Statistics

Don’t just take our word for it – there is a wide range of statistics that prove just how valuable A/B testing can be. According to a study conducted by Steel house, A/B testing is THE most used method for improving conversion rates in marketing campaigns. It isn’t just marketing companies that are getting in on the action, either. During his re-election campaign, President Obama was able to raise an additional $60 million dollars through a carefully designed, calculated A/B testing regimen.

The important thing to understand is that you can (and should) use and A/B test on every portion of your campaign before you bring it in front of the eyes of the widest possible audience. Take your website, for example. As the “welcome mat” of your virtual identity, A/B testing your website is the perfect way to see which of those two designs you’re thinking of is better. This is incredibly common – in fact, Pardot research revealed that Google ran more than 7,000 A/B tests on its own interface in 2011 alone.

But again: it doesn’t actually matter what you’re A/B testing, just that you are. In print marketing, this concept can be just as effective. The key is that you’re not taking anything for granted. You’re getting your collateral in front of the eyes of real people, seeing how they respond, and then using that as the basis of actionable decisions that you make moving forward.

In the world of marketing, it’s important to remember the old saying of “you can only make one first impression, so you’d better be sure that you’re making a good one.” Launching a campaign before it’s ready means you can potentially shoot yourself in the foot before you’ve even had a chance to begin. Investing in A/B testing is one way to avoid exactly that type of problem for now and for all time.

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MPM as a Marketing Tool: What is it?

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Simply put, marketing performance measurement and management, or MPM, is a means of monitoring and adjusting marketing campaigns on the fly. Any good marketing campaign is a fluid campaign, accommodating changes and adjustments as they become needed. Large corporations spend thousands of dollars on gaining a command of MPM, but that doesn’t mean that small businesses cannot benefit from trying to master the same tools.

MPM is a way of systematically managing and coordinating your marketing assets for the improvement of the overall strategic marketing of your products or services.

Really, MPM is more like a fine-tuning mechanism that allows you to tailor your best marketing assets to do their best work for you and informs you of those marketing channels that are not performing as you had hoped or planned.

MPM is About Timing and Comparison

Timing has to do with when you release specific marketing channels. If you released them all around the same time, you would never be able to evaluate which ones were the most productive for you. Staggering their release provides the necessary criteria for effective evaluation of each one’s individual value to your marketing scheme. That way the channels can be compared for their effectiveness. A spike in sales can result from any marketing channel, but if they are all released at the same time, you cannot easily determine which ones are successful and which ones are not.

Once you can establish which channels are the most successful, you can emphasize those channels, modifying them accordingly to increase their effectiveness.

In the digital realm, the metrics tell the story. The analytics, that is, the collection of data, permit you the luxury of creating new strategies based on the success of earlier efforts. With this information, you can not only improve existing campaigns, but you can also more aptly tailor future ad campaigns. Fully strategic thinking involves planning ahead, and the analytics from MPM give you the information to do that more effectively.

There are five pillars to MPM. Each has its own value and must be addressed. The first is alignment. Align your marketing efforts to your desired results. Target those results and adjust your campaign according to the success of initial strategies.

Second is accountability. This is simply a statement of how well any specific marketing channel delivers the desired results based on the metrics you have before you.

Third is the analytics themselves. This is the data that drives your campaign and complements and improves it with its needed modifications.

Fourth are the alliances. You form these naturally in the process of marketing, but using them is an important part of successfully employing an MPM strategy. Use your network partners, such as content providers and the agencies that locate them, as well as other assets to emphasize your successful marketing channels.

Finally, there is the assessment. This is the natural outcome of the process, the data that is compared and contrasted for their relative benefits. The strengths and weaknesses can be evaluated in real time as each campaign develops, permitting adjustments and allowing growth in the campaign, itself.

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Close-up of child's abacus in classroom.

Applying Life Lessons to Small Business

Parents to teenagers and young adults know that there are some lessons that only living life can bring us. Life lessons learned through living life are valuable, and they are hard to teach to teenagers because teens think they have the answers to everything. However, experience can offer up gems of information about what is truly important in life and how to enjoy each moment as it comes.

What are some of the lessons that life teaches us?

1. Life isn’t fair, but it is still good.

How many times have you heard your child or teenager say to you, “but that isn’t fair!” The truth is that life isn’t fair. Life happens as it happens, and you need to learn to roll with the ups and downs and continue on your journey. If you can take each moment as it comes, then you can appreciate the good, survive the bad, and continue on your way.

2. When in doubt, just take the next small step.

Many of the big decisions in life can be broken down into small steps that are easy to accomplish. Each time you have a big project or decision in front of you, you can make it easier to understand by chopping it up into small tasks. Then, do each task one at a time until you complete the whole.

3. Don’t take yourself so seriously. No one else does.

Humor makes life more tolerable both in good and bad times. If you can learn to live life with humor, including your own foibles, you will relax more and stay healthier. Laughter is a stress-reducer and can help keep your craziest days sane.

4. Overprepare, then go with the flow.

Since nothing ever goes exactly as we plan, it is important to prepare for contingencies. If you are ready for the worst, then you will be able to move in various directions when reality hits. You can plan to the Nth degree, but once your event or project is in motion, you cannot stop it. Going with the flow and learning to be flexible will keep you on top of the situation (as much as that is possible).

Applying Life’s Lessons to Business

Running a small business is fraught with surprises, changes, and learning curves. Many of the lessons that apply to life, in general, can be applied to running a business. Small business owners are responsible for everything that occurs in the whole of their business, and it is nearly impossible to predict what each day as a small business owner will bring.

If you can enjoy each part of your business, sharing what you know with your customers and employees, and reaching out to your community to connect with people through your business, you will enjoy life’s journey. Business isn’t always fair, but if you put your heart into it, it will be good. Your customers and employees will see how you run your business, and they will respond. When in doubt, just take the first small step, and you will be able to accomplish whatever goals you set for your business. Don’t take your business so seriously. No one else does. Run your business with a good sense of humor and your customers and staff will join in laughing with you. Overprepare, and then let your business take you where it will. You will discover new dimensions to your niche that you may never have known before and you will have an exciting, fulfilling journey.

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offshore-development

Reasons for choosing an offshore software development firm

Are you hesitant about the type of development company to choose? Read this article and learn about offshore software development firms.

These days everything is related to software is this or that way, that is why there are so many teams, which deliver software solutions of different kinds. New companies emerge almost every day, and IT industry is growing day by day.

There are different kinds of companies, which provide help with software, but all of them have some advantages and disadvantages. Choosing offshore software development firm is a good way out for those who want to save up money and time, but receive the product of high quality. Here are some reasons why people prefer foreign firms to in-house ones.

Time Saving

There is no need for spending your time to hire a team of professional IT specialists and wait until they become a team. You do not also have to provide training for them is you need some specific outcome. It is easier to find an offshore team, which meets your expectations and can provide you with best solutions.

Professional Developers

It is already a market of such companies abroad, and each of them strives to hire most skillful and brilliant developers. If you choose such type of a firm, you are confident in the team, which is going to bring your idea to life. Why? That is because there is high competition between offshore developers, and they are interested in proving customers with excellent software.

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Effectiveness and High Potential

Such firm is interested in every client, and the efficient result is essential for them. Thus foreign companies are the best choice if you need your order to be done quickly and without delay. You can always count on them if you need a qualitative application, but the deadline is tight.

High Quality Control

These firms realize that quality and confidentiality are the biggest concern of the clients that is why they try to do their best convince customers that they provide services of the best quality. They have best methods for quality control and provide first-class solutions. Why? That is because offshore firms understand that quality builds their reputation.

Risk is not a Problem

This kind of occupation has a lot of risks. Still, such companies are experts in this sphere and they are acknowledged of best ways to avoid unpleasant consequences. In addition to that, they have greater risk-management skills, then in-house companies.

Cost Saving

It is much more beneficial to hire offshore firm, as you have an opportunity to save a lot of money. Usually, rates of such developers are lesser than in-house ones, and there is no necessity to pay for recruitment, overhead costs, and retention.

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