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It’s time to close the experimentation gap in advertising: Confronting myths surrounding ad testing

Colin Campbell, Julian Runge, Kenneth Bates, Stacey Haefele and Neeraj Jayaraman

Business Horizons, 2022, vol. 65, issue 4, 437-446

Abstract: Marketers know that running experiments is a proven way to improve results and gain competitive advantage against rivals. Despite this knowledge—and the fact that experiments are now easier to conduct than ever before—data shows that marketers consistently under-experiment. In this article, we examine why this gap exists and what can be done to close it. We do so by connecting with senior-level marketing professionals representing seven consumer-facing industries in two phases. First, through a series of interviews, we gain initial understanding of the concerns, challenges, and realities of those working in the industry. Following this phase, we surveyed a larger group to corroborate and extend our initial findings, comparing cases to identify challenges and the strategies used to overcome them. We present our findings as a series of experimentation myths before closing with a broader perspective on how organizations can infuse experimentation into their culture.

Keywords: Advertising experimentation; A/B testing; Split testing; Advertising myths (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:bushor:v:65:y:2022:i:4:p:437-446

DOI: 10.1016/j.bushor.2021.05.004

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