Forums Forums PPC How much is enough data to make any decisions about anything?

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    How much is enough data to make any decisions about anything?

    Posted by seohelper on June 30, 2020 at 1:19 pm

    I know that the less data you have the less significant anything is.

    But just how much is “enough” to decide if something is working or if something is meaningful? 100 clicks/impressions? 200? 300?

    incrementality replied 5 years, 5 months ago 1 Member · 3 Replies
  • 3 Replies
  • petebowen

    Guest
    June 30, 2020 at 1:30 pm

    You can use standard stats calcs for this, but my approach is to supplement those by asking if a few more clicks/conversions/whatever would change the way I feel about the result.

    For example

    If I had 10 clicks and 1 conversion – a 10% conversion rate and I ask what would happen if I got 1 more conversion – raising the conversion rate to 20%. A 20% conversion rate feels different to a 10% conversion rate.

    But, if I had 1000 clicks and 100 conversions – the same 10% conversion rate, and I got 1 more conversion it’d change the conversion rate from 10% to 10.1%. I wouldn’t feel any different about 10% vs 10.1% conversion rate.

    I found this article on the subject useful: [https://www.searchenginejournal.com/interpret-ppc-data-correctly/](https://www.searchenginejournal.com/interpret-ppc-data-correctly/)

  • Jodiefoatersucks

    Guest
    June 30, 2020 at 3:35 pm

    I make my changes based off of weekly performances. However if a holiday is within that week I have to factor that into my data

  • incrementality

    Guest
    July 3, 2020 at 6:54 pm

    Sounds like you’re trying to get to a level of confidence that what you’re seeing isn’t due to chance, which forms the basis of hypothesis testing.

    I would recommend getting into the basics of A/B testing and understanding how volume and effect sizes interplay between the level of confidence one has in the results.

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