Data audits
Data analysis
Budget setting
Measurement frameworks
MMM Project management/leadership
Client support / communication
Econometric model building
Pitch support
Integrating MMM into your business
What do your MMM results mean?
In-housing MMM
Advice on suppliers of MMM/Pitch support
Data audits allow you to understand what data you are currently holding within your business, what it is useful for, which elements are important and where potential gaps are
The aim of a data audit is to ensure you have the right data to be able to effectively analyse your business performance
Analysing your data, numerically & graphically, to give your business the best understanding of current trends and patterns in sales, awareness, consideration, distribution etc…
Data analysis can include correlations between factors and start to explore potential relationships, as well as simple uplift analysis – comparing pre, during & post campaign periods to assess if key KPIs have shown any uplifts (not casual)
Basic regression techniques can also be explored to assess key indicators of your KPI – if you are monitoring consideration as a key KPI, what factors are linked to movements in consideration – the key drivers?
Measurement frameworks can follow on perfectly from data audits, they help you monitor and optimise campaign performance. They are designed specific to your business and can look at various angles:
Business v Holistic Marketing v Campaign KPIs
Engagement along the purchase funnel
Short Term v Long term objectives
Pre campaign v In campaign v Post campaign
The best frameworks are a collaboration between the client, the media agency & a data expert
Budget setting is a ‘bucket’ of techniques that can be used to help you decide on your budget for the next year
Ideally, you’d use a few different techniques and assess the outcomes across them to work out your budget
Techniques range from the simple 'who shouts loudest', 'same budget as last year', through to competitor analysis, advertising to sales ratio, share of market/search/investment and of course MMM
Do you need help with drawing up proposals, deciding on the best modelling structure or pulling together pitch material
From agreeing objectives and deciding on the appropriate modelling structure, to overseeing data collection, processing & validation, modelling oversight and finalisation to ensure the key objectives of the project are answered where feasible
Results deck writing & delivery - ensuring decks are storytelling, insightful & impactful
Or do you simply need an extra pair of hands to build models whether they are sales, web visits, search or brand metrics
Help and advice around data analysis and MMM
Help interpreting results from your MMM
Advise on how to integrate MMM into your business
Support to set up an MMM function within your business
Help with sourcing suppliers of MMM
MMM pitch support - the best supplier to suit your needs