
Michael Kaminsky - Modern Marketing Mix Modelling - How to make wise choices - S3 Ep21 (part 2 of 6)
Champagne Strategy
00:00
Is It a Set and Forget Thing?
The model is as good as the first time it's proven incorrect. At recast, we were taking a really like direct approach, trying to solve these problems. Media mix modeling is not a machine learning model. And so data scientists that are good at machine learning often really struggle with media mix modeling because it's not the same type of problem. So this is a really tricky thing where like you potentially need to go hire like a statistician, right? Like someone who like really knows statistics really well and basically an economy attrition right metrics is the right thing.
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