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It enables advertisers to understand and quantify which activities actually drive incremental business results – be it investments into advertising channels like FB Ads, Google Ads, TikTok or TV, or other marketing + sales activities like promotions, pricing or free delivery.
Use Budget Optimizer to find optimal channel spend levels for each channel, maximizing your sales or profit given the set budget (or additional constraints)
Check out our guide or take a quiz below
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The initial implementation usually takes a few weeks and consists of:
1. Data collections and integration
2. Data quality assessment
3. Model development including feedback sessions with client as needed
4. Production model deployment
5. Handover and training
Your team is involved throughout the process.
If you spend at least 1.5-2m USD per year on media (online or offline), have a history of at least 2 years and have at least a few marketing channels, then it is likely you can benefit from MMM. For more information please consult our resource Is our brand suitable for MMM? which includes an illustrative business case too
Generally you will need 2-3 years of daily or weekly total sales (or similar business KPI – eg number of new users etc) and daily or weekly data on media (costs, impressions).
Yes, if you are interested in learning more about MMM and marketing measurement, feel free to contact us. We often provide custom trainings both for advertisers and agencies.
Yes, we also help internal teams to learn MMM and develop inhouse solution. The cooperation scope can be from training (both business and technical/data science) to augmenting your team, delivering a fully custom solution to long-term cooperation on model maintenance and development.
For more questions and answers, please consult our MMM FAQ for Marketers
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Get in touch with Marketingintelligence team.
Get in touch with Marketingintelligence team.
Get in touch with Marketingintelligence team.