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Marketing mix modeling (MMM) is a statistical analysis technique that helps
marketers measure the impact of their marketing efforts.
- Calculate ROI of advertisement spend across various channels like television, print and web
- Understand consumer behaviour with regard to exposure to advertising
- Develop an analytic model showing impact of various marketing campaigns on sales
- Evaluate media effectiveness, ROI and simulate what-if scenarios
1. Identify channels, campaigns, causal factors that impact sales
Historical data
Market spend data
Macroeconomic factors
Assumptions
and business
constraints
Output
2. Develop model-driven scenario analysis to analyse their impact on sales
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