I'm very surprised this is the top comment too, where's patio11 and his ridiculously large amount of positive and useful split testing examples when you need him?
Anyway, on to your comment:
> A much better approach is to install significant instrumentation and actually talk to users about what's wrong with your sign up form.
I don't know what this means. Can you elaborate? What exactly is "significant instrumentation"?
> That, or actually build a product that users want instead of chasing after pointless metrics.
Pointless metrics? I'm not sure what metrics you measure but visitor engagement and visitor to trial conversion rates are the lifeblood of a software sales and marketing funnel.
When somebody in marketing considers A/B testing as a means to increasing trial and paying customer conversions, they're operating on the basis that their product already provides value. The A/B tests are a means of establishing the best method for communicating that value. Better communication = more trials. More trials = a larger pool of potential customers to convert to paying customers. It's pretty basic.
> Most of the A/B website optimization industry is an elaborate scam
What?? Had you said a number of people in marketing could be in danger of blindly relying on their tools (e.g. Optimizely) and not applying common sense or checking the maths I would have wholeheartedly agreed. In my personal experience with the various websites I market, and given the hundreds of split testing examples I've read from people I do not feel are in on the "scam", I've got to strongly disagree with this point.