In a world characterized by the increasing availability of data, classic MMM based on national modeling falls short of marketers’ expectations when it comes to the provision of granular insights necessary for data-driven decision-making.
How to Increase your Return on Investment Through Marketing Mix Modeling? Do you want to increase your profits and marketing return on investment (MROI) ? The answer lies in marketing mix modeling (MMM). Outline This article introduces you to how Marketing Mix...
Why Data Processing in Marketing Mix Modeling is Instrumental Why Data Processing In Marketing Mix Modeling is Instrumental In the previous article, we covered Data Exploration which paved our way to the fifth article in our series. Now that the analyst is familiar...
MASS Analytics’ participation at the MMM Summit @Google highlighted the exponential growth of Marketing Mix Modeling in today’s complex environment. With 12 speakers and 3 sections, experts discussed the importance of granular data, evolving MMM trends, and the need for comprehensive MMMs. They emphasized the importance of honesty and continuity in the brand-agency relationship and the role of data quality in project success. Ultimately, MMM is a partnership between art and science, uncovering the stories behind each variable.