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Marketing Mix Modeling MethodologyMarketing Mix Mo

Why Diminishing Return Curves are crucial insights in marketing planning?

Marketers know the importance of investing in marketing campaigns to reach the target audience and drive business growth. However, the Diminishing Return curves (DR Curves) could be the key that can help you unlock the true potential of your marketing spend in order to get the most out of your investments. In this blog post, we'll dive into what diminishing return curves are, how they apply to marketing, and how you can use them to improve the effectiveness of your marketing campaigns.

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Why Diminishing Return Curves are crucial insights in marketing planning?

Marketers know the importance of investing in marketing campaigns to reach the target audience and drive business growth. However, the Diminishing Return curves (DR Curves) could be the key that can help you unlock the true potential of your marketing spend in order to get the most out of your investments. In this blog post, we'll dive into what diminishing return curves are, how they apply to marketing, and how you can use them to improve the effectiveness of your marketing campaigns.

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Calibrating Marketing Mix Models with Experiments and Attribution data

Model calibration is a new approach in Next Generation Marketing Mix Models (MMM) that can dramatically increase the reliability of MMM results and the accuracy of ROI estimates. For marketing professionals, it means that they can be more confident about using the MMM results in major budget allocation and optimization decisions.

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Calibrating Marketing Mix Models with Experiments and Attribution data

Model calibration is a new approach in Next Generation Marketing Mix Models (MMM) that can dramatically increase the reliability of MMM results and the accuracy of ROI estimates. For marketing professionals, it means that they can be more confident about using the MMM results in major budget allocation and optimization decisions.

Read More

What is adstock effect in marketing?

There are numerous factors that can impact the performance of an ad campaign, however, one of the most crucial ones is the Adstock effect which can be easily overlooked. The Adstock effect is a phenomenon that can help us calculate the impact of an advertisement over a period of time, rather than immediately and in one instance. This phenomenon describes how an ad's impact builds up gradually over time, rather than all at once. This is because people tend to see the same ad multiple times, which makes the message remain in their minds and have a cumulative effect.

Read More

What is adstock effect in marketing?

There are numerous factors that can impact the performance of an ad campaign, however, one of the most crucial ones is the Adstock effect which can be easily overlooked. The Adstock effect is a phenomenon that can help us calculate the impact of an advertisement over a period of time, rather than immediately and in one instance. This phenomenon describes how an ad's impact builds up gradually over time, rather than all at once. This is because people tend to see the same ad multiple times, which makes the message remain in their minds and have a cumulative effect.

Read More