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Matt Gershoff

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Matt Gershoff is CEO of Conductrics, a digital optimization platform that blends AB Testing with AI. Matt has over 15 years experience in scientific marketing and web analytics. He holds MS degrees in both Economics & Artificial Intelligence.

As a digital analyst or marketer, you know the importance of analytical decision making.

Go to any industry conference, blog, meet up, or even just read the popular press, and you will hear and see topics like machine learning, artificial intelligence, and predictive analytics everywhere.

Because many of us don’t come from a technical/statistical background, this can be both a little confusing and intimidating.

But don’t sweat it, in this post, I will try to clear up a some of this confusion by introducing a simple, yet powerful framework – the intelligent agent – which will help link these new ideas with familiar tools and concepts like A/B Testing and Optimization.

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For all of the talk about how awesome (and big, don’t forget big) Big data is, one of the favorite tools in the conversion optimization toolkit, A/B Testing, is decidedly small data.

Optimization, winners and losers, Lean this that or the other thing, at the end of the day, A/B Testing is really just an application of sampling.

You take couple of alternative options (eg. ‘50% off’ v ‘Buy One Get One Free’ ) and try them out with a portion of your users. You see how well each one did and then make a decision about which one you think will give you the most return.

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