If your executive and finance team has become addicted to only looking at the last-touch attribution report in Google Analytics, this can be a real problem. It's critical to help them understand the nuances of solid marketing measurement beyond just last-touch reporting. We’ve seen it too many times: If the rest of the company doesn’t understand what incrementality is, or why last-touch attribution isn't actually measuring incrementality, it can be very complicated to introduce other ways of doing measurement – let alone pitch them on the idea of using MMM. If you’re a marketer in this situation, I’d recommend doing your best to educate those key stakeholders on how marketing measurement actually works and why incrementality is so important. Educate…
One of the ever-present problems with marketing mix modeling is that you always have to choose some start date. And since you always need to choose a start date, there’s always some period before the start date that’s impacting your results. Here's how Recast handles these carry-over effects.
Mockingbird empowers parents with premium, well-designed baby gear like their signature Single-to-Double Stroller. With a complex buyer’s journey and an…
With digital tracking breaking, consumer brands that relied on multi-touch attribution are now looking for alternatives to measure marketing effectiveness.…
There are three main ways that consumer brands measure marketing effectiveness: digital tracking (MTA), marketing mix modeling (MMM), and testing/conversion…
Business environments are messy; people with different responsibilities need to work together on decisions quickly and without perfect information. That…
In the context of marketing measurement, marketing analysts and marketing scientists use the term “incrementality” to refer to causality. Incrementality…