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top   »  productivity   »  innovation   »  business experiments

20+ Types of Business Experiment

 , February 26, 2017
A business experiment is a process of testing strategies, designs and formulations according to a test and learn approach. It is associated with innovation and testing brave ideas in rapid cycles. Business experiments can also be used to reduce risk in the most conservative of endeavors. Experiments generate new data. As such, experimentation embraces the present moment as opposed to analysis of historical data. The following are business experimentation techniques.
A/B Testing
Concept Testing
Control Group
Dry Run
Evolutionary Prototype
Experiment Variables
Experiments
Explanatory Power
Fail Often
Feasibility Study
Marketing Experimentation
Mockup
Pilots
Positive Control
Prototype
Quantification
Scientific Control
Test And Learn
Testbed
Thought Experiments
Throwaway Prototype
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