Felix Germaine

AI

Marketing Mix Modeling (MMM): How to Avoid Biased Channel Estimates

Learn which variables you should and should not take into account in your model Felix Germaine · Follow Published in Towards Data Science · 14 min read · 2 hours ago — Photo by Fredrick Suwandi on Unsplash “How will sales be impacted by an X Dollar investment in each marketing channel?” This is the causal question a Marketing-Mix-Model should answer in order to guide companies in deciding how to attribute their marketing channel budgets

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