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Exploring Meridian, Google’s new open-source marketing mix model

Search Engine Land

Meridian , Google’s new open-source Marketing Mix Model (MMM), has entered the rapidly evolving market for advanced marketing analytics and forecasting tools. In navigating a complex market, the precision and insights marketing mix models provide are essential for strategic planning.

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How to use AI to discover the causes behind customer actions

Martech

Marketers use any number of data points to inform the recommendations they make to customers. But do they really know the causes behind why customers prefer one product or message over another? Read next: Marketing analytics: What it is and why marketers should care. Causes matter. Where did that number come from?

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The 4 Ps of Marketing: How to Grow Your Business With This Simple Framework

Calvyn Lee Blog

Have you heard of the marketing mix, also known as the four Ps of marketing? This framework is a foundational model for developing a sound marketing strategy. Just like the legs of a chair, if any of the four Ps are poorly executed, your entire marketing strategy can collapse. What makes my product unique?

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Google launches privacy-focused measurement tool for advertisers

Search Engine Land

Meridian, an open-source Marketing Mix Model (MMM), has been introduced to help advertisers analyze campaign performance while prioritizing user privacy. However, Google plans to make it accessible to all marketers and data scientists in the near future. ” Get the daily newsletter search marketers rely on.

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3 Effective Ways to Use Video in Your Marketing Mix

Duct Tape Marketing

3 Effective Ways to Use Video in Your Marketing Mix written by Guest Post read more at Small Business Marketing Blog from Duct Tape Marketing. With consumers viewing more than 8 billion videos per day on Facebook and YouTube, it’s increasingly critical that businesses include video in their marketing strategy.

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Omnichannel Marketing: 7 Examples to Improve Customer Experience

CXL

Optimize each channel, and you’ll win new customers, enjoy higher order rates , and retain customers. In this post, we’ll explore lessons from brands that use omnichannel marketing to deliver a seamless customer experience. What is omnichannel marketing? How to create an omnichannel marketing strategy.

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Integrate Social Media Into Your Marketing Mix

Marketing Insider Group

At the same time, you know that social media has changed the marketing landscape : shouting to prospects with endless email offers may produce leads but you’re worried about the longer term implications to your market. So how do you incorporate social media into the marketing mix? Hold tweetups or tweetchats.