A/B testing is all the rage nowadays, but not everybody gets it yet. Let's investigate!
Here are a number of introductory presentations and resources which will help you get the basic idea of what it is all about.
Animated presentation on ‘What is A/B Testing’.
The Simplest A/B Testing Guide
And here is a great introductory article:
Split-testing basics
Here is a nice video on the basics of split-testing:
Case-studies
The website of Visual Web Optimizer (one of the tools, used for A/B testing) include a broad range of case-studies, explaining the merits of A/B testing in business context:
There quite a number of case studies and user stories on the website of another very popular A/B testing tool Optimizely: