Maximizing Omni-channel Performance with Lifesight’s UMM Framework
Lifesight's data integration helped optimize budget allocation and drive profitable growth.
Challenges:
- Difficulty increasing both in-store and e-commerce conversions.
- Reliance on discounting strategies to acquire new customers.
- Inefficient budget allocation across various marketing channels.
Solution:
Lifesight implemented a causal-based MMM to evaluate the impact of each marketing channel, optimizing campaigns that focused on full-price transactions. By integrating online and offline data and adjusting spend accordingly, the retailer increased incremental revenue by 32% while improving customer acquisition strategies.