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Friesland Campina

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September 15, 2023
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Friesland Campina

Avatar for Marketing OGZ

Marketing OGZ

September 15, 2023
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  1. 3 & 9/12/2023 Implementation of a data-driven business model based

    on Marketing Mix Modelling Who are we? Rui Conde Data Analytics Lead Stefan Hulsbos Data Analytics Consultant
  2. 4 & 9/12/2023 Implementation of a data-driven business model based

    on Marketing Mix Modelling 14.1 billion euros revenue >100 Export to countries 31 Facilities in countries Employees 21,715 Member dairy farmers 15,137 millions of consumers Every day
  3. 5

  4. 6 & 9/12/2023 Implementation of a data-driven business model based

    on Marketing Mix Modelling Fruitful partnership to reach our common goal Entire data domain Data Science and Analytics Engineering Global Commercial Analytics Team Data-driven approach (in-house) Understanding consumer behaviour
  5. 7 & What is driving this loss? 9/12/2023 Implementation of

    a data-driven business model based on Marketing Mix Modelling CONSUMER BASE SALES VOLUME time Business challenge we are facing
  6. 8 & 9/12/2023 Implementation of a data-driven business model based

    on Marketing Mix Modelling Understanding consumer behavior What consumers do What consumers feel and think +
  7. 9 & 9/12/2023 Implementation of a data-driven business model based

    on Marketing Mix Modelling Influencing consumer behaviour Which factors are contributing to our sales? PR OD UC TS DIS TRI BU TIO MEDIA P RI C E
  8. 10 & 9/12/2023 Implementation of a data-driven business model based

    on Marketing Mix Modelling Influencing consumer behaviour Which factors are contributing to our sales?
  9. 11 & 9/12/2023 Implementation of a data-driven business model based

    on Marketing Mix Modelling Identify the most important sales drivers The Power of Marketing Mix Modelling + - Lockdown Promo Price Media Competitor distribution 2 1 3 4 time
  10. 12 & 9/12/2023 Implementation of a data driven business-model based

    on Marketing Mix Modelling Setting yourself up for the future The Power of Marketing Mix Modelling
  11. 13 & 9/12/2023 Implementation of a data-driven business model based

    on Marketing Mix Modelling How does it technically work? Understanding Marketing Mix Modelling Phase II: Feature selection Which factors explain sales? Multiple Linear Regression Analysis & Competitio n R2 = 0.91 -0.84 +1.45 Phase I: Data ingestion Phase III: Outcome Now Past Future Target Predicted
  12. 14 & MEDIA SPEND PRICE INDEX MARKETING MIX MODELLING Brand

    A Category SALES VOLUME 9/12/2023 Implementation of a data-driven business model based on Marketing Mix Modelling Deep dive on key drivers – Integrated Story Storytelling with Marketing Mix Modelling Brand A Competitor
  13. 15 & Model Output 9/12/2023 Implementation of a data-driven business

    model based on Marketing Mix Modelling Deep dive on key drivers – Promo effectiveness Storytelling with Marketing Mix Modelling Competitor Switch Category Expansion Changing from other FrieslandCampina product Stock-up Promo Uplift Drive quality Promo Uplift Promo Uplift
  14. 17 & 9/12/2023 Implementation of a data-driven business model based

    on Marketing Mix Modelling The effect of media is more complex than you initially think Message vs sales uplift Decay Saturation
  15. 18 & Media Optimization 9/12/2023 Implementation of a data-driven business

    model based on Marketing Mix Modelling Deep dive on key drivers – Media optimization Storytelling with Marketing Mix Modelling Uplift saturation Avg. monthly spend Media Uplift Avg. weekly spend Uplift saturation Model Output Media Uplift Media spend Time Media Spend
  16. 19 & 9/12/2023 Implementation of a data-driven business model based

    on Marketing Mix Modelling Kickstart your Marketing Mix Modelling journey Data collection Model development Insights