Media Mix Modeling: Technical Guideline to Overcome Pitfalls | by Hajime Takeda | Mar, 2023
How to Understand Outputs and Maximize its Practical ApplicationTLDR: Media Mix Modeling (MMM) is a statistical approach for marketing measurement, but it’s not a “One size fits all” solution like other techniques. I will cover essential checkpoints for data scientists to enhance their modeling techniques and achieve improved results, differences between advertising reports and MMM, as well as the distinctions between Multi-Touch Attribution (MTA) and MMM.Photo by Austin Distel on UnsplashIntroductionMMM is a statistical…