Business outcome
Revenue, sales, orders, leads, conversions or another consistently defined KPI over time.
Marketing measurement glossary
Media mix modeling—also called Marketing Mix Modeling or MMM—is an aggregate statistical approach for understanding how paid media, other marketing activity and business context relate to outcomes such as revenue, sales or conversions.
At a conceptual level, the model represents an outcome as a baseline plus marketing effects, external factors and unexplained variation:
Business outcome = baseline + media effects + business context + unexplained variation
In practice, teams transform inputs, fit one or more candidate models, inspect diagnostics and compare the result with business knowledge. Different specifications can produce different answers, so assumptions and uncertainty should remain visible.
Revenue, sales, orders, leads, conversions or another consistently defined KPI over time.
Channel spend, impressions, reach or other activity measures aligned to the same time period.
Promotions, pricing, distribution, seasonality, holidays, macro conditions and other demand drivers.
Channel contribution is a modelled estimate of the outcome associated with a channel under the selected assumptions. It should not be presented as unquestionable causal proof.
Incrementality asks what happened because of marketing compared with what would have happened without it. Marginal ROAS focuses on the likely return from the next unit of spend; the Marginal ROAS Calculator provides a simple way to understand that calculation.
Compare bounded allocation options across channels and investment levels.
Explore directional implications of changing the media mix before committing budget.
Frame a forecast from historical patterns, then compare the decision with what occurred.