(2/3) FutureSight.online was built by data scientists who have a deep background in media. And that matters! (info@futuresight.online) — A colleague at a Brand told me that they pulled their Media Mix Modeling efforts in-house. Because if you have a Data Scientist who can build models, it should be easy enough to do media modeling work, right??? Hmmm…not so sure. In this Brand’s case, their Data Scientist (who is incredibly bright and talented, by the way!!) simply did not have the media background to know how to account for certain inputs. For example: -What value to apply to bonus inventory received in Traditional Media channels, so the model doesn’t say, “that free inventory had the best ROI; do more free things!” -How to accurately account for the ongoing impact, or decay rate, that each media touchpoint may have This Brand unfortunately ended up with data that was not able to be actioned on by their media partners. So they turned to FutureSight.online to help course-correct their analyses. — Actionable outcomes, via FutureSight.online. Contact: info@futuresight.online
Jenna Umbrianna’s Post
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