Marketing tech
fromEMARKETER
3 weeks agoMedia mix modeling tops the incrementality measurement stack for retail brands
61% of US retail decision-makers use media mix modeling to measure incrementality.
The world of marketing measurement is buzzing about AI. But when it comes to complex techniques like media mix modeling (MMM), the field is awash with false promises about the benefits that these new technologies offer. This creates enormous risks for enterprise marketers who regularly base multimillion-dollar decisions on such models. The hard truth is that AI, especially LLMs, produce confident-sounding but often wrong statistical analyses that can lead to poor budget allocation decisions.