Marketing Mix Modeling Description

marketing Mix Modeling

Marketing Mix Modeling (MMM) is an analytical approach that uses statistical tools to evaluate the effectiveness of the components of the marketing mix and optimize them. Based on industry variables, it enables the contributions of each marketing channel to be separated out and the contribution of each to the overall performance of a campaign to be evaluated. CESP audited a pure player in the field (Ekimetrics), offering MMM analysis based on econometrics.