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Pricing test: dental plan, USA

Pricing test: dental plan, USA

Which monthly premium keeps sign-up intent stable and brings the highest premium volume?

Decision

Pricing

Industry

Insurance

Market

USA

Channel

Google Search

Field days

14

LP visitors

2,758

US

en

Key findings

$24.99 holds demand (4.13% vs 4.39%), $29.99 halves it to 1.88%.

Pricing test: dental plan, USA

Sample report

Pricing test: dental plan, USA

Sign-up intent per variant

$19.99 | 4.39% ; $24.99 | 4.13% | * ; $29.99 | 1.88%

Research question 1

Where does sign-up intent tip over between $19.99, $24.99 and $29.99?

Sign-up intent tips over between $24.99 and $29.99; at $29.99 it is 54% below $24.99.

confirmed

Research question 2

Does the step from $19.99 to $24.99 cost sign-up intent?

The step to $24.99 costs no measurable demand; at equal demand the premium per policy is 25% higher.

no difference

Research question 3

Which premium brings the most annual premium volume per 1,000 visitors?

In premium volume, $19.99 and $24.99 are level, $29.99 tends to fall behind.

no difference

Test design

3 variants, one variable.

Only the monthly premium in ad and page changes; plan, page structure, visuals, MVP brand Molara, keywords, bids and budget are identical in all arms.

Variant

Setup

Variant A | $19.99 ; Variant B | $24.99 ; Variant C | $29.99

Three variants, each on its own offer page

Metrics

From ad impression to confirmation.

The test is single-stage. CTA I is sign-up intent: the click with which visitors show interest in the offer. Email and double opt-in follow after the notice that the offer is not yet available.

Field days

14

LP visitors

2,758

Ad spend

$15,406

Channel

Google Search

| $19.99 | $24.99 | $29.99 ; Impressions | 19,843 | 20,750 | 22,477 ; Clicks | 1,012 | 996 | 989 ; CTR | 5.10% | 4.80% | 4.40% ; CPC | $5.05 | $5.15 | $5.22 ; LP visitors | 934 | 921 | 903 ; CTA I · Sign-up intent | 41 · 4.39% | 38 · 4.13% | 17 · 1.88% ; Email | 13 · 1.39% | 12 · 1.30% | 6 · 0.66% ; Double opt-in | 8 · 0.86% | 8 · 0.87% | 4 · 0.44% ; Cost per sign-up intent | $124.75 | $135.08 | $303.40

Context

What the data also shows.

Audience

Market potential

Customer journey

How visitors experienced the test.

Nothing is sold. What is measured is how many visitors choose the offer.

Step 1

Ad

The ad appears in a familiar setting, in search or in the feed.

Step 2

Offer page

Visitors see an offer page in a familiar online setting and can show their interest there.

Step 3

Notice

After the click, visitors learn that the offer is not yet available.

Step 4

Email

Anyone who wants to be informed leaves their email voluntarily.

Step 5

Confirmation

The sign-up is confirmed by double opt-in.

Pricing test: dental plan, USA

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Test design, all variants, audience, statistics and economics worksheet, in the structure of a Horizon report.

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SAMPLE REPORTExample

Sample report: insurance

Data analysis · Test design · Metrics · Methodology

Sample report

Sample report: insurance

A complete results report with example values: research question, test design, purchase intent per variant and the data analysis.

12 pages, as a PDF to share internally
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