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Marketing Mix Modeling

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**Marketing Mix Modeling**

What is Marketing Mix Modeling?

Marketing Mix Modeling (MMM) is a statistical analysis technique used to measure the past impact of various marketing elements on sales or other key performance indicators (KPIs). It quantifies the contribution of each marketing activity (e.g., advertising spend, promotions, pricing) and helps businesses optimize their marketing spend allocation in the future by understanding which activities are most effective.

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