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	<title>MegaResponse &#187; direct marketing</title>
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		<title>The Science of Marketing</title>
		<link>http://megaresponse.com/the-science-of-marketing/92/</link>
		<comments>http://megaresponse.com/the-science-of-marketing/92/#comments</comments>
		<pubDate>Mon, 30 Nov 2009 19:58:41 +0000</pubDate>
		<dc:creator>Wayne Davies</dc:creator>
				<category><![CDATA[Internet Marketing]]></category>
		<category><![CDATA[direct marketing]]></category>
		<category><![CDATA[measurement]]></category>
		<category><![CDATA[science]]></category>
		<category><![CDATA[testing]]></category>

		<guid isPermaLink="false">http://megaresponse.com/?p=92</guid>
		<description><![CDATA[The scientific method is a systematic approach to knowledge. It&#8217;s designed to overcome a very human tendency to make up reality to suit our preconceptions.* The scientific method relies on measurement, repeatability and falsification.** Its purpose is to get ever closer to the truth. While certain people*** with an axe to grind may well criticise ]]></description>
			<content:encoded><![CDATA[<p>The scientific method is a systematic approach to knowledge. It&#8217;s designed to overcome a very human tendency to make up reality to suit our preconceptions.* The scientific method relies on measurement, repeatability and falsification.**</p>
<p>Its purpose is to get ever closer to the truth.</p>
<p>While certain people*** with an axe to grind may well criticise the scientific method, nobody with working grey matter denies that everything useful we know about the world (including the device you&#8217;re using to read this blog) is a gift of science.</p>
<p>Marketing is not a Science. Marketing isn&#8217;t concerned with understanding the truth about something, and has other objectives. However, there is a branch of marketing that is concerned with measurement, repeatability and falsification.</p>
<p>Direct marketing attempts to borrow those aspects of Science that help it get closer to the truth about certain things. In particular&#8230;</p>
<ul>
<li>Who is more likely to buy a particular product?</li>
<li>Which ad headline delivers the most visitors to a website?</li>
<li>Which offer produces the most sales?</li>
<li>Which price produces the most sales?</li>
</ul>
<p>And any other question a business owner might ask. Such testing is sometimes called split testing, or <a rel="nofollow" href="http://en.wikipedia.org/wiki/Multivariate_testing" target="_blank">A/B testing</a>. It works like this&#8230;</p>
<ul>
<li>Create 2 versions of something and put them in front of a statistically significant number of people (usually at least 500 unique individuals)</li>
<li>Make sure you know specifically what you&#8217;re testing. For example, if you&#8217;re testing one headline against another, <em>everything</em> else must be identical</li>
<li>It is possible to test more than one thing, but you must be able to show a statistically significant sample for each thing. For example, if you&#8217;re testing one headline against another, and one free gift against another in the same sales copy, you&#8217;re actually running 4 tests&#8230;</li>
</ul>
<blockquote>
<ol>
<li>Headline A &#8211; Offer 1</li>
<li>Headline A &#8211; Offer 2</li>
<li>Headline B &#8211; Offer 1</li>
<li>Headline B &#8211; Offer 2</li>
</ol>
</blockquote>
<ul>
<li>Measurement is the key to finding out what works. In the above example, you&#8217;d need to know the number of sales for each of the 4 categories. You can then report on which of the 4 combinations delivered the most sales.</li>
</ul>
<p>This approach to marketing gets close to Science. In theory, anybody could rerun the above test and will generate the same result as you. In practise, that probably won&#8217;t happen because there is always a random variable beyond our control &#8211; the audience. This is especially so for web marketing.</p>
<p>I might test 2 headlines and 2 offers on one of my websites. You might do the same on yours. As your site gets different visitors to my site, there&#8217;s no guarantee our results will match. And in fact, if I run the same headline/offer combination several times throughout the year, I&#8217;ll be reaching different people each time.</p>
<p>We can never really know whether one headline is always more powerful than another. What we can do, is get closer and closer to a powerful ad. Or a wildly successful offer. That&#8217;s still more reliable than somebody&#8217;s intuition, or their experience (i.e. their preconceptions).</p>
<p>* If my simplified definition bothers you, please <em>don&#8217;t</em> take the time to let me know.</p>
<p>** Yes, and other things too. But this article has a point to make about marketing.</p>
<p>*** People who fall into 2 camps: Those with a financial incentive (e.g. floggers of &#8216;alternative&#8217; medicine), and those with a tenuous grip on reality.</p>
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