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🎤 In this Data Coffee interview, Aleksandra Semenenko, Director of Data Science & Global lead on MMM at Artefact talks about #IncrementalityTesting and #MarketingROI and how to combine the two in your business strategy. 📽️ Watch her interview: https://lnkd.in/eZARaWBF 🎧 Listen to the podcast: https://lnkd.in/eR-x_5cy 🔎 Aleksandra explains that, unlike Marketing Mix Modeling (#MMM), Incrementality Testing is less demanding regarding resources and #data, allowing companies to start more simply. She uses the example of a large company with 25 different markets to show how Incrementality Testing can identify which marketing campaigns generate positive or negative ROI, enabling investment optimization. 💡 Watch the video and gain more insights: - Incrementality Testing is a tactical tool, focusing on short-term operations and allowing for quick adjustments. - MMM (#MarketingMixModeling) provides a long-term strategic view. - Incrementality Testing and MMM can work together in mature organizations, offering diverse and rich insights for improving business results. - Incrementality Testing promotes #agility by encouraging businesses to experiment with various marketing channels and tactics. - It allows for adjustments based on real-time feedback and performance. 🎯 Both MMM and Incrementality Testing provide valuable business insights, but while MMM is conducted once or twice a year for strategic planning, Incrementality Testing is ongoing, delivering immediate and actionable insights for operational teams. The #MROI (Marketing ROI) advanced model of Artefact, which encompasses the MMM methodology, is the key to maximizing marketing strategy impact and unlocking ROI growth. It helps businesses: 1️⃣ Allocate marketing and media budgets between geos, brands and channels, 2️⃣ Define the right mix across digital and offline channels. Scale campaign budgets on an ongoing basis. 👉 To learn more about MROI, read our Artefact Data Digest #newsletter: https://lnkd.in/e6R2erxS 

Incrementality Testing and MROI: An interview with Aleksandra Semenenko, Data Science Director & Global lead on MMM at Artefact

Incrementality Testing and MROI: An interview with Aleksandra Semenenko, Data Science Director & Global lead on MMM at Artefact

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Florence Garsault ✅

Client Partner | Security Data & DevApps

3mo

In our area of “AI everywhere”, MMM is an excellent example of “come back to basics” and “data soberness approach”

Peter O. Jolapamo

M&A and Transformation Leader | Strategist | Investor

3mo

Really great insights on MMM and Incrementality Testing… thanks for sharing your thoughts Aleksandra Semenenko

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