Sean Simon’s Post

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Co-Founder at The Cogent Collective and Host of The Martech Matrix Podcast

MTA is Dead, in case you weren’t aware. There is a better way to measure media performance and its impact on revenue by channel. If you use MTA or nothing at all, which is the same thing, you are likely making the working optimizations to your media. Please DM me if you want to learn more. Prescient is our partner for good reason and I am happy to tell you why and then help you navigate this noisy and confusing space… Tom Barbaro Cogent Collective The MarTech Matrix Podcast #performancemarketing #Shopify #ecommercemarketing

View profile for Will Holtz, graphic

VP Strategy & Operations @ Prescient AI | Helping omnichannel brands measure and optimize spend | Co-founder Don't VLOOKUP

One of the more unique features of Marketing Mix Models (MMM) is the ability to measure direct (first order) AND halo (second order) revenues. **Direct revenue >> most analogous to what you get with click-based tracking, think last-click through GA or MTA from Triple Whale or Northbeam >> effectively, this measures how spend impacts revenue today **Halo revenue >> stating the obvious, revenue doesn't always have an immediate impact but measuring just how and when that spend will have an effect on sales is where halos come in >> this requires a complex set of relationships between the timing of impressions that lead to sessions, buying behavior and consideration cycles, time decay of campaigns, and reduction of noise from anomalies and organic business trends (e.g. seasonality, word of mouth) >> halo effects are especially important for awareness/top of funnel channels and for channels that do not have a "click" (think TV, podcasts, influencers) While MMM usage as a measurement tool is not new, modern MMMs that can update on a daily basis, down to campaign-level, that can probabilistically track which conversions happened across DTC + Amazon has been made possible by the advancements in AI/ML (and of course a math genius like Cody Greco). I have more learning to do in this up and coming space but I'll plan to synthesize as much as I *humanely can.

Mike Cantafio

Director of Ecommerce at BREEO

2mo

Prescient is a game changer!

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