The Objective
A leading home accessories and décor brand wanted to refine its media strategy for the upcoming BFCM, but shifting consumer behaviors and outdated data from last year’s campaign posed a challenge. The brand needed to understand which recent top-selling products were driving incremental sales and adjust its overall media mix to improve ROI.
The Challenge
- Inaccurate measurement of marketing activities due to iOS privacy updates.
- Over-investment in saturated bottom-of-funnel channels like retargeting and branded search.
- Difficulty in assessing the true impact of top-of-funnel brand campaigns.
The Solution
Lifesight integrated the customer’s MMP, marketing and sales data via data warehouse and ad platform integrations, and then built a custom MMM that identified an over investment in saturated bottom of funnel channels including retargeting and branded search. The model recommended reallocating spend to top of funnel brand campaigns across CTV and offline channels.
Conclusion
Utilizing Lifesight, the company successfully implemented a new Measurement framework powered by MMM and were able to achieve better business outcomes with the same budget. MMM provided additional actionable insights, enabling the brand to understand the contribution of organic and owned marketing activities to make better strategic decisions.