Model

A model can be considered a statistical analysis.

Such as a multivariate regression on sales and marketing time series data to estimate the impact of various marketing tactics (marketing mix) on sales and then forecast the impact of future sets of tactics.

It is time-series regression between response, control and decision variables within a given client>brand>timeline determining influence of control and decision variables on the response variable.

Related resources

Keen's "2024 Performance Insights & Strategic Investment Guide," open to Chapter Seven, "Media Channel Performance," discusses where marketers should reallocate their budgets for improved ROI.
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