CASE STUDY

Marketing Mix Modeling to Optimize Marketing Spend

[CUSTOMER]

A global tool manufacturer

[BUSINESS NEED]

  • Understanding Advertising Effectiveness, Media Efficiency, Marketing Mix and Channel-to-Sales correlation using data from multiple data sources.
  • Optimizing marketing spending across channels and product lines using the insights from data science models.

[CUSTOMER CHALLENGES]

  • Lack of insights into effective marketing models, resulting in increased ad spend without a direct link to revenue results.
  • Determining marketing media channels that contribute to sales.
  • Determining the marketing spend by product line.

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