Question
Imagine you work for a large arts organization that is concerned about declining retention rates among its members. To retain members, you identified customers
Imagine you work for a large arts organization that is concerned about declining retention rates among its members. To retain members, you identified customers who are at a higher risk of cancelling their memberships, then you are thinking about sending a small gift to those "at risk" members. Question: how would you run A/B testing to determine if the small gift is effective?
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There are 3 Steps involved in it
Step: 1
To run AB testing for the small gifts effectiveness follow these steps 1 Define matrix Specify the k...Get Instant Access to Expert-Tailored Solutions
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Step: 2
Step: 3
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Management Accounting Information for Decision-Making and Strategy Execution
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