If they're doing 80% off all the time they aren't doing something clever. They made a decision once a long time ago and haven't updated their marketing model since.
You’re reducing things to one dimension again. Just because the sign says 80% off doesn’t mean that’s the whole schtick. The profit cold be supply side for all we know. The trick is that continuous conversion is happening, the clever bits could happen anywhere.
If you're just stacking longer and longer click-bait marketing gimmicks on your splash screen, that's the opposite of "clever". That's a business model of slapping the feed bar ten times because you saw it drop a nugget of food the first time.
Not if it’s algorithmic which I’ve been trying to say. Adaptive systems can do that. Heck MAB is already a thing in production. It’s not too hard to hook it to MDPI and close the loop.
The owners/investors in the company aren't the same people doing the yeomen's work of UX design. Often, these are two entirely separate companies.
Then we can’t speculate on how well they’re compensated or how. They clearly did a stellar job despite the cursed content though.
That's not reliance on Multivariate Testing, that's dogmatic belief in the infallibility of business management.
No. It’s an empirical observation. If a shop near you is doing 80% off all the time and not looking under the weather after a while you start to think they’re doing something clever behind the scenes. No dogmatic belief needed.
My ideal (personal) version has a protocol axis for the matrix, and the players can choose to wait. The payoff comes from ongoing constructive interference.
you discover why A/B Testing patterns can run you down a rabbit hole.
::: spoiler Tap for spoiler
Multivariate statistics is a subdivision of statisticsencompassing the simultaneous observation and analysis of more than one outcome variable, i.e., multivariate random variables. Multivariate statistics concerns understanding the different aims and background of each of the different forms of multivariate analysis, and how they relate to each other. The practical application of multivariate statistics to a particular problem may involve several types of univariate and multivariate analyses in order to understand the relationships between variables and their relevance to the problem being studied.
:::
That's before you even consider the Ur-challenge of any business enterprise - The Principle Agent Problem. When you build an incentive structure to reward certain results, you can incentivize your agents to lie to you about the effectiveness of your policies.
What agents?
Is there any evidence that Temu's splash screen is generating more revenue per visitor than Amazon's?
No idea, but if they’re doing it all the time then I doubt it’s detrimental for profitability.
So, how much did you end up spending on Temu after you watched the ads?
It doesn’t have to work on everyone, just someone. I also sincerely doubt everyone is getting the full 2 minute edition. Maybe their algorithm decided to push it in this instance.
Reading this comment with the assumption my wife will find it some day: Right, she doesn’t give out my number instead of hers as a contact point every time she visits a shop that asks, and certainly not because she has it memorised and it’s too much of a bother to give out her own, not at all.
All the WhatsApp group invitations for clothing and grocery places that happen after she goes shopping are completely unrelated.
I used to think it funny how Game Theory research has to go through a negative sum medium to become relevant, but now imagine how many papers don’t even get funded because Game Theory has terminology that directly collides with their keywords. I asked Kagi assistant and it gave me a list with an estimate of ~25-30 direct collisions, and ~10-15 fuzzy matches. That’s 35–45 collision terms total.
Disclaimer: not American and not a researcher, just interested in the dynamics happening here
It’s the basic human tendency to take an unbiased ideology, broadcast an unintended interpretation to generate a following, then build a cult that puts them in power.
The oldest trick in the book. And it sadly works, nearly every time.
What side effects are you describing? Specific ones?
You didn’t exist then.
Unfortunately still the case for most BIOS updaters, RGB/cooling setups, and proprietary HID stuff. You need Windows for anything beyond the basics.
They just highjacked another metric
https://lemmy.world/post/47539911
What kind of question is this? Have you never played Skyrim?
And just like that… late stage capitalist society winds back at hunter/gatherer tribal norms.
You’re reducing things to one dimension again. Just because the sign says 80% off doesn’t mean that’s the whole schtick. The profit cold be supply side for all we know. The trick is that continuous conversion is happening, the clever bits could happen anywhere.
Not if it’s algorithmic which I’ve been trying to say. Adaptive systems can do that. Heck MAB is already a thing in production. It’s not too hard to hook it to MDPI and close the loop.
Then how about The Central Research Institute of Robotics and Technical Cybernetics? Doubt those documents would have survived the dissolution of the USSR.
Or do we have to pick something completely mundane?
Thanks for introducing me to that!
Then we can’t speculate on how well they’re compensated or how. They clearly did a stellar job despite the cursed content though.
No. It’s an empirical observation. If a shop near you is doing 80% off all the time and not looking under the weather after a while you start to think they’re doing something clever behind the scenes. No dogmatic belief needed.
How about 33 Thomas Street?
https://en.wikipedia.org/wiki/33_Thomas_Street
My ideal (personal) version has a protocol axis for the matrix, and the players can choose to wait. The payoff comes from ongoing constructive interference.
Multivariate testing isn’t A/B testing, it’s applied multivariate statistics that employs A/B testing as an operation.
::: spoiler Tap for spoiler Multivariate statistics is a subdivision of statisticsencompassing the simultaneous observation and analysis of more than one outcome variable, i.e., multivariate random variables. Multivariate statistics concerns understanding the different aims and background of each of the different forms of multivariate analysis, and how they relate to each other. The practical application of multivariate statistics to a particular problem may involve several types of univariate and multivariate analyses in order to understand the relationships between variables and their relevance to the problem being studied. :::
What agents?
No idea, but if they’re doing it all the time then I doubt it’s detrimental for profitability.
Are you familiar with multivariate testing?
It doesn’t have to work on everyone, just someone. I also sincerely doubt everyone is getting the full 2 minute edition. Maybe their algorithm decided to push it in this instance.
Reading this comment with the assumption my wife will find it some day: Right, she doesn’t give out my number instead of hers as a contact point every time she visits a shop that asks, and certainly not because she has it memorised and it’s too much of a bother to give out her own, not at all.
All the WhatsApp group invitations for clothing and grocery places that happen after she goes shopping are completely unrelated.
And meanwhile, people with the extra executive dysfunction care package: I will absolutely remember to pick them up again tomorrow
Does that one come with fishnets? Perchance?
I used to think it funny how Game Theory research has to go through a negative sum medium to become relevant, but now imagine how many papers don’t even get funded because Game Theory has terminology that directly collides with their keywords. I asked Kagi assistant and it gave me a list with an estimate of ~25-30 direct collisions, and ~10-15 fuzzy matches. That’s 35–45 collision terms total.
Disclaimer: not American and not a researcher, just interested in the dynamics happening here
Why does their admission sound prideful? Does anyone reading into it detect a “look at what our unreleased models can do” subtext?
I think I might do that too in the future. Tried it before but I wasn’t in the right head space back then.
Stop being edgy.
It’s the basic human tendency to take an unbiased ideology, broadcast an unintended interpretation to generate a following, then build a cult that puts them in power.
The oldest trick in the book. And it sadly works, nearly every time.