Guest Henry Innis, Co-Founder at Mutinex, discusses the future of marketing measurement, including predictive analytics, dark social, challenges of last-touch attribution, and the evolution of marketing measurement towards driving incremental revenue. The importance of clear data presentation and efficient decision-making are emphasized.
Mutinex's MMM approach provides fast, accurate marketing insights close to real-time for better decision-making at scale.
Dark social challenges traditional attribution models, emphasizing the need for comprehensive measurement solutions like Mutinex's MMM approach.
Deep dives
The Future of Marketing Measurement: Replacing Legacy Solutions with Fast, Real-Time Insights
Legacy market mix modeling and multi-touch attribution have limitations. Mutinix has developed a foundational model to understand marketing principles quantitatively. Their solution provides fast, accurate insights close to real-time, enabling better decision-making at scale.
Challenges with Attribution: Last-Touch vs. Multi-Touch Attribution Models
Attribution systems like last-click and multi-touch attribution have been under scrutiny. Last-touch attribution can lead to misallocation of credit, while multi-touch attribution is more suited for optimizing customer journeys rather than marketing investments.
Value of Predictive Analytics and Understanding Dark Social in Marketing Measurement
Predictive analytics can be valuable within a certain timeframe, but its accuracy diminishes over longer periods. Dark social, representing untrackable yet highly valuable marketing channels, poses challenges in traditional attribution models, highlighting the need for a shift towards more comprehensive measurement solutions like Mutinix's MMM approach.
Co-Founder at Mutinex, Henry Innis, delves into the future of marketing measurement. In this episode, Henry shares insights on marketing measurement, evaluating marketing channels, predictive analytics,dark social and a host of other subjects.