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How to use pricing analyses to grow your business

ScanmarQED

So far, we’ve talked about the theoretical background of price elasticity in Part 1 : How to use them to steer pricing decisions and the practical side of price elasticity in Part 2 : Practical implementation and best-in-class dashboards. Why do we need more information besides price elasticity?

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How do you migrate to a new site search engine?

Biznology

Make a change to your search application so that every Google Site Search request has a new URL parameter (&engine=google), but route a small, random sample of searches through your new search engine (&engine=elastic). You can even test several at once.

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7 Stats to Evaluate Your Marketing Mix Model

Mass Analytics

In other terms, if another sample is drawn, it is likely to obtain a similar or close measure of the coefficient and that value is ensured to be different enough from 0. The t-stat is computed for each independent variable in the equation.

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Writing About Data: Using Statistics to Strengthen Storytelling Content

ClearVoice

Elasticity: This how much a change in one variable affects another. Random sample: These are study participants chosen by chance. Sample: This a portion of a population. Stratified sample: These are carefully chosen subjects based on characteristics of the population at large. And how big is the sample size?

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eMagine Launches New Websites

EMagine B2B Blog

Below is a sampling of some new website launches, and the services eMagine provided: NJM Packaging. Galatea surgical mesh products are made from a proprietary resorbable biomaterial, P4HB, that confers excellent tensile strength and strength retention, elasticity, and biocompatibility for long term support. Galatea Corp. BCN Telecom.

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All the Different Types of Tests You Can Run on Your Site (+ When to Run Them)

Convert

A/A testing can help you: Determine the level of variance in your data Identify sampling errors within your testing tool Establish baseline conversion rates and data patterns. Use cases: calibration and determining data variance, auditing experimentation platform bugs, determining baseline conversion rate and sample requirements.

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A/B Testing Pricing – Is It Legal And Ethical? Can It Help You Find The Right Pricing Strategy?

Convert

So you’d do a thorough review of the key experiment parameters like sample size, conversions, statistical significance, power, and more. Use the concept of price elasticity like Apple does with its iPhone models. If it has, you want to be certain the impact can be directly attributed to the change.

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