InterviewSolution
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Best Way To Measure And Communicate "available Demand" From Available Channels (social, Search, Display) For Forecast Modeling? |
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Answer» Additionally, it is exceptionally difficult to measure available demand because
(These are also reasons why CLICK attribution to multiple campaign prior to conversion is such a thankless exercise. Implicit in that is the assumption of infinite demand, among other problems.) I have PERSONALLY had a lot of success using Controlled EXPERIMENTATION techniques, such as, say, Media Mix Modeling, to understand both current available demand and also segment conversion effectiveness. And this has to be a continuous approach and not DISCREET. Additionally, it is exceptionally difficult to measure available demand because (These are also reasons why click attribution to multiple campaign prior to conversion is such a thankless exercise. Implicit in that is the assumption of infinite demand, among other problems.) I have personally had a lot of success using Controlled Experimentation techniques, such as, say, Media Mix Modeling, to understand both current available demand and also segment conversion effectiveness. And this has to be a continuous approach and not discreet. |
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