NCDM 2008 (National Center for Database Marketing)
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Media Mix: Answering the $250,000,000 Question
Program Code:
113
Date:
Wednesday, December 10, 2008
Time:
8:00 AM to 9:15 AM
EST
SPEAKER
:
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about each speaker.
As a Senior Analytics Manager at Merkle, Shirli supports key accounts including Dell and Disney, designing analytic and model-based strategies that drive marketing performance. Previous to Merkle, Shirli did marketing and analysis for Capital One. Shirli received both her masters and bachelors in statistics from Cornell University.
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Description
"How do you optimally allocate budget/,media spend across different channels? If you've been struggling with this question, this session is for you. This session will teach a step-by-step approach to media mix modeling and implementation from taking a look at the do's and don't of media mix measurement and its impact on media through the different modeling techniques used to optimize spend across different media. This session will highlight the uses as well as limitations of statistical modeling.
Attendees will learn to:
• Measure media effectiveness and allocate limited marketing dollars across media
• Understand the dangers of relying exclusively on direct attribution to measure marketing results
• Translate model results into concrete changes in business practice and testing"