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Marketing Incrementality: Unlock True Impact

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October 30, 2024

Marketing Incrementality: Unlock True Impact

The crisis in marketing attribution represents both a challenge and an opportunity for CMOs.
By adopting more sophisticated measurement approaches combining Media Mix Modeling and Incrementality Testing, marketing leaders can finally provide the accountability that CFOs demand while optimizing their spending for maximum impact.
Rather than undertaking this journey alone, partnering with specialized platforms like BlueAlpha offers a faster, more reliable path to better marketing measurement and improved business results.

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BlueAlpha

October 30, 2024
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  1. Incremental Marketing: Unlocking True Impact Incrementality is revolutionizing modern marketing.

    It reveals the real impact of campaigns, maximizing every dollar spent. In today's privacy- focused world, understanding incrementality is crucial for data-driven decisions and driving genuine growth.
  2. Understanding Incremental Marketing 1 True Impact Incrementality reveals the actual

    effect of your campaign beyond organic results. 2 Spend Optimization It helps determine optimal budget increases and channel effectiveness. 3 Promotion Effectiveness Assess if discounts and promotions are truly driving additional sales.
  3. Incremental vs. Legacy Models Attribution Models Connect events to marketing

    activities. Show reach but not true incrementality. Incremental Models Focus on first-party data. Employ Marketing Mix Models and incrementality tests. Privacy Challenges Recent changes make accurate attribution tracking more difficult.
  4. Incrementality vs. A/B Testing 1 Traditional A/B Testing Time-consuming and

    costly. Hinders business growth by splitting markets. 2 Incrementality Testing Faster results from day one. Allows testing in key markets without hindering growth. 3 Real-time Monitoring Enables immediate action and presentation of results to stakeholders.
  5. Measuring Marketing Incrementality 1 Statistical Modeling Create efficient testing frameworks

    for immediate results. 2 Synthetic Control Groups Build groups on geographical level to isolate campaign effects. 3 Real-time Action Monitor campaign effectiveness and take immediate action based on results.
  6. Integrated Marketing Measurement Approach Incrementality Testing Ultimate source of truth

    for marketing performance. Marketing Mix Models Strategic compass enhanced by incrementality test results. Comprehensive Solution BlueAlpha combines MMM with incrementality testing for robust insights.