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Marketing Mix Modeling MMM (Part 1 of 3)

Tom Spencer

Is marketing solely a game of chance, or might there be a way to bring scientific methods to the table? At the micro level, the various pieces of the marketing puzzle can be, and should be, optimized on an on-going basis: The overall positioning and strategy should be evaluated. Products should be tested and optimized.

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Direct marketing (and the other kind)

Seth Godin Blog

Direct marketing is outbound, measured and designed to pay for itself. Before the internet, direct marketing was on a steady growth path. The internet, of course, is fueled by direct marketing thinking. What''s the funnel on our site, and how do we make it more efficient? The media works on commission, for you.

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When Selling, Ask Questions, Rank Your Prospects … and Listen!

Emerson Consulting Group

Asking questions is critical to succeeding in selling your product or service or your business in general. They want so much to tell a prospect everything they can possibly think of about their fabulous product or service that they refuse to let their prospect get a word in edgewise. Are You Targeting the Right Market?

Sales 40
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How Large Food Retailers Can Help Solve the Food Waste Crisis

Harvard Business

According to the Guardian , approximately 45% of all fruits and vegetables, 35% of fish and seafood, 30% of cereals, and 20% of meat and dairy products are wasted by suppliers, retailers, and consumers every year. Advancements in automation and software capabilities have made inventory management scalable across more SKUs and product types.

Retail 28
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Extracting Insights from Vast Stores of Data

Harvard Business

In a provocative and influential article , Chris Anderson, the editor of Wired magazine, argued, “…faced with massive data, this approach to science – hypothesize, model, test – is becoming obsolete…There is now a better way. Measuring Marketing Insights. ’ We can stop looking for models.

Data 28
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Ad blocking

Seth Godin Blog

Fifteen years ago, when I began writing about Permission Marketing , I pointed out that when ads are optional, it's only anticipated, personal and relevant ones that will pay off. The thing is, the FCC kept the ad part in check with TV, and paper costs did the same thing for magazines and newspapers. By ignoring them.

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The Businesses That Platforms Are Actually Disrupting

Harvard Business

The businesses most at risk from platforms powered by rapidly improving online technologies aren’t, in fact, traditional businesses that sell products and services to consumers. Village matchmakers started making their living organizing marriage markets millennia ago. They used new technology to hammer ad-supported media.