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#5: Profit

Implement changes and quantify ROI
Document knowledge
Continue testing

 

LucidView Strategy

Introduction

#1: Creative freedom

#2: Scientific discipline

#3: Statistical power

#4: Marketing insights

#5: Profit

Benefits

Getting started

Every test should be followed by an implementation drop, often a split-run test of the optimal combination of all elements versus the original control. This way, you can accurately quantify your true ROI. Depending on how close your actual results match the predicted improvement, you can assess the validity of your test.

With scientific testing, you can test dozens of variables at once and implement important changes in the next drop, speeding growth by months or even years. Then with your new knowledge, you can refine your marketing and testing programs to continue testing, learning, and implementing new changes proven to increase sales.

You can test efficiently, learn quickly, find a proven path to success, and leave your competitors in the dust. But it’s important to keep moving. Even when one test shows you 10-20 times more than you could ever learn before, one test cannot answer all your questions. You need to develop a solid long-term plan for testing… just as you do for your marketing programs.

As industry veterans have said…

“Testing is still the best way to find true breakthroughs.”
– Bob Stone and Ron Jacobs, Successful Direct Marketing Methods, 7th ed., 2001

“In planning an advertising campaign, the first step should be to clear the decks of all opinions … The next step should be to find a scientific method of testing.”
– John Caples, Tested Advertising Methods, 1938

“What’s great about DM is that it’s not a subjective business. We can test and we can prove, not through abstract research but in the marketplace.”
– Lester Wunderman, speaking to the Hudson Valley DMA, Nov 2002

"Never stop testing, and your advertising will never stop improving."
– David Ogilvy, Confessions of an Advertising Man, 1961


A well-run scientific test can give you an impressive ROI with amazingly clear results. And you gain even greater benefits with LucidView's unique approach.
 

 

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