What are the common mistakes in cost comparison testing?
Some common mistakes include not considering all costs, using outdated data, and failing to account for external factors.
Can you elaborate on how outdated data affects the results?
Using outdated data can lead to inaccurate comparisons, as costs and market conditions may have changed significantly.
What external factors should I consider?
External factors include market trends, economic conditions, and competitor pricing, all of which can impact cost effectiveness.
How can I avoid these mistakes in my testing?
To avoid mistakes, ensure you use current data, include all relevant costs, and regularly review external market conditions.
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