One of the most effective marketing tactics for running ad campaigns is to mix video, images, and links. The ads suggest that you waste time watching TV, taking selfies, and scrolling through social media. They also make references to shows like The Real Housewives, Game of Thrones, and The Walking Dead. In contrast, a running ad encourages you to spend your time outside, running, or training. These ads may not be as effective as you think, but they are highly effective for influencing your audience and ultimately, gaining new customers.

Statistical significance of a running ad

The statistical significance of a running ad study can be calculated using several different methods. The more frequently the tests are run, the more likely they are to be statistically significant. A case study with only 40 impressions is likely due to randomness, while one with a million impressions is likely to reflect a change in the ad copy. If the results are inconclusive, you can stop the ad study.

One way to increase statistical significance is to test for the smallest difference. For example, if a running ad is shown to increase brand awareness, the statistical significance will be higher than a running ad with no advertising. You can test the statistical significance of a running ad by changing the conversion goal in Settings – Reporting. The most important factor to consider when collecting data is the smallest interesting difference. Smaller differences require more data, so a 10-20% conversion goal will be the best balance between cost and value.

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Damon Nelson
Damon Nelson

Entrepreneur, business consultant, software developer, and marketing professional. Many hats with one simple goal... help you make more money with simple automation, proven strategies, and a little common sense. Want to learn more? Check out what I've been reading lately.