Gain crystal clarity on long-term effectiveness and changes in base with our hybrid method for unraveling the true value of long-term marketing impacts.
Traditional marketing-mix modeling can be limiting when it comes to measuring the long-term effectiveness of marketing strategies.
To tackle this challenge, we've integrated a comprehensive long-term marketing analysis solution that combines advanced analytics techniques with classical marketing-mix modeling, providing deeper insights into the true impact of your marketing efforts that evolve with your business.
Discover the true value of your marketing efforts with 1749's Brand MMM and make data-driven decisions with confidence. Elevate your marketing strategies and unlock your full marketing potential with our unparalleled insights into the long-term impact of your channels and campaigns.
By integrating advanced analytics with classical marketing-mix modeling, we offer a more accurate understanding of the long-term impact of your marketing campaigns, helping you to make better informed decisions for your business.
Using Gaussian Processes our model allows for the base to evolve over time, accounting for fluctuations in market share, improvements in brand awareness, category growth and changes in external factors. This approach provides a more realistic representation of your brand's sales performance over time.
Using a Bayesian Vector Autoregression (BVAR) model enables us to examine the long-term dynamics of factors influencing the base. This model provides valuable insights into how your marketing efforts impact the long-term base.
By combining information from both the short-term MMM model and the BVAR model, we can calculate the total impact of your marketing efforts, broken down into short term and long-term ROI. Painting an accurate understanding of the effectiveness of your marketing campaigns.
Optimize the marketing channels and messages that contribute most significantly to building a strong, positive brand image over time, drive brand equity and establish a competitive advantage in the marketplace.
Evaluating the cumulative effects of marketing strategies over an extended period provides invaluable insights into how these strategies contribute to growing the customer base, helping you to enhance brand loyalty and secure a stronger, more resilient customer base.
Through deep insights into how sustained marketing efforts influence consumer perceptions and behaviours, businesses can more effectively manage price elasticity, optimizing pricing strategies to improve profitability and market positioning in the long run.
Understanding the long-term trends in consumer and market dynamics, businesses can anticipate shifts in demand and adjust their offerings and marketing messages accordingly, ensuring relevancy and competitiveness and increasing market share through sustained, data-driven marketing efforts.
Identify untapped market segments, emerging consumer needs, and opportunities for innovation by uncovering insights into consumer behaviour, preferences, and evolving market trends over extended periods. Meet needs and stimulate market demand to drive category growth.
Lessons learned from long-term trends directly inform and optimize short-term actions, ensuring that marketing efforts are both effective and aligned with broader strategic goals, thus driving immediate results while supporting long-term objectives.
In a current world prone to short-termism, Brand MMM gives you a robust, long-term perspective, helping you withstand fluctuations in the market and maintain steady growth. Understand the relationship between different long-term factors and brand metrics and the long-term impact of your marketing.
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