#data-driven-decision-making

#data-driven-decision-making

A/B testing is the gold standard of experimentation. It is meant to help companies make faster, better, data-driven decisions. But too often, it does the opposite. The meeting starts with optimism: a new pricing idea, ad layout, or signup screen goes into an A/B test. After waiting for weeks, analysts come back with p-values, 95% confidence thresholds, and a familiar conclusion: "We should wait for more data. We don't have enough evidence yet, and it's not statistically significant."

In my experience, the hardest part about marketing isn't creating the campaigns or generating the leads-it's making sure the data behind all of it means something to the people making the biggest business decisions. The C-suite doesn't need dashboards filled with acronyms. They need a clear, compelling narrative that connects what's happening in the market to the business outcomes they care about.

AI arguably presents the greatest opportunities and risks of our time: How will it reshape the way we live and work, and improve our efficiency without losing judgment, context, and nuance? AI is changing the foundation of every industry, including commercial real estate (CRE). From growing data centers and energy infrastructure to site selection, investment, and development strategies; the physical side of our industry is rapidly changing. However, that's just one piece of the puzzle being reshaped by AI.

We didn't just want more data. We wanted actionable insights that could transform our decision-making and enhance the overall customer experience.

In an era where retail success increasingly depends on data-driven decision making, innovative promotional analytics at a major US department store exemplify how machine learning drives business value.

LightBoxTV is pioneering AI-driven TV advertising by partnering with Xenet to enhance data-driven decision-making, campaign optimization, and measurement across TV platforms.