Marketing Mix Modeling MMM (Part 3 of 3)
Tom Spencer
AUGUST 29, 2020
Then, budget allocation is done, by shifting money from low ROI mediums to high ROI mediums, thus maximizing sales while keeping the budget constant. are interpreted as the % change in business outcome (sales) for a unit change in the independent variables (e.g. Case Study. Types of MMM. Logarithmic Models.
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