Recast's research team developed a proprietary method that accounts for a paid media channel’s changing footprint in your MMM. It corrects a blind spot that leads standard models to mistake a growing addressable market for a saturating market. Say you run paid search in 30% of the country, then expand it to 60%. Spend rises and sales will usually rise with it. But a standard MMM has no way to know the channel’s ceiling just got bigger – it only sees more spend chasing the supposedly same fixed ceiling estimated for the “saturation curve”, which looks like a channel running into diminishing returns. So it undercounts the channel’s actual efficiency. That same blind spot works in reverse. If a channel’s…
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.…
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…