Measure Up cover image

Measure Up

Do you really know how to test your paid media?

Mar 6, 2024
Learn how to test the incrementality of paid media channels with insights from Nick Stoltz, Chief Strategy Officer at Measured. Dive into the details of random controlled trials, power analysis, and sample size requirements. Explore the challenges and benefits of incrementality testing, the impact of market upheavals, and the evolving strategies in response to iOS 14.5. Discover the importance of hypothesis frameworks, holdout tests, and scale tests for measuring ad impact on sales. Embrace a culture of experimentation in marketing to drive business growth and stay ahead of the competition.
51:41

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Podcast summary created with Snipd AI

Quick takeaways

  • Implementing incrementality testing requires proactive API monitoring to ensure accurate data collection and continuous adjustments for result validity.
  • Constructing geo matching tests with sophisticated data models, not random, can provide powerful insights with statistical confidence and reduced business risk.

Deep dives

Building a Culture of Experimentation in Marketing

Creating a culture of experimentation in marketing is essential for driving business growth. An HBR article emphasizes the power of building an experimental learning agenda and aligning it with strategic goals. By focusing on testing significant questions that can transform the business, brands can establish a competitive advantage.

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