What are the 5 questions to ask an MMM provider before signing?
The five questions that separate a rigorously validated Media Mix Modeling provider from one that only looks convincing are: how they demonstrate their results reflect causation rather than correlation, how their model accounts for the delay between an ad exposure and a conversion, how granular their model can reliably go, how they model diminishing returns to recommend an optimal budget rather than reporting a historical average, and how they account for the halo effect where spend on one channel lifts sales on another. A provider who can answer all five with evidence, not just reassurance, is one whose numbers are worth acting on.
MMM & Bayesian Modelling

