Many brands aren’t ready for MMM yet, and that’s okay. We routinely turn away companies because they’re not spending enough money, not spending across enough channels, or don’t have the analytics resources in-house to interpret and execute upon a complex model. If your mix is limited and annual paid media is < $5M, MMM’s organizational lift will probably outweigh the benefit for now. But you still need defensible answers to “did this move the needle?” For many teams, the first step toward measuring incrementality is running a lift test. We’re firm believers that every single company that is spending anything meaningful on advertising should be running them. That's where teams get into the cycle of generating marketing hypotheses, developing testing…
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…