Most media mix models can’t be proven wrong. That’s a problem. You’re supposedly using your model to forecast and allocate millions of dollars on marketing spend… and you can’t tell if it’s right or wrong? The issue is that most models don’t make testable claims – and that needs to change if you want to trust their insights. In this piece, we unpack a principle from the scientific method that marketing desperately needs to borrow: falsifiability. Why it matters, where most models fall short, and how to spot whether your vendor is giving you accurate insights or not. What Is Falsifiability And Why Traditional MMM Outputs Are Often Not Falsifiable At its core, falsifiability is what makes a claim worth…
According to CreatorIQ’s “State of Creator Marketing: Trends and Trajectory 2024-2025” report – which surveyed 457 marketing decision-makers at brands…
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…