Open-Source MMM Is Having A Moment (And Sorry About The New Acronym)
Wanna chat with your marketing mix model? Well, open-source tools and AI agents are making that possible.
Wanna chat with your marketing mix model? Well, open-source tools and AI agents are making that possible.
Marketing measurement is messed up – it’s hard to argue otherwise – and most people agree on the reasons why: vanity metrics, imperfect models, unrealistic expectations. But there’s another issue at play, argues Julian Runge, an assistant professor of marketing at Northwestern University – and that’s a simple lack of communication.
Experimentation has been proven to offer unrivaled insights into marketing effectiveness, but it remains underused. But what can organizations do to successfully integrate experimentation into their measurement frameworks?
Understanding advertising effectiveness is the cornerstone of successful marketing, yet marketers often shy away from the most reliable tools for the job.