28 Mar

Notebook Thoughts: The Marketing Technology Stack

 

  1. DATA – The Data Infrastructure employs a data lake to ensure scalability, speed, and flexibility. Data integration covers all techniques to connect all varieties of structured, semi-structured, and unstructured data.
  2. MODELING – The Modeling layer is the environment to facilitate advanced models and analytics. These include: Marketing Mix Models, Machine learning, AI, Deep Learning, Segmentation, LTV, Attribution modeling, and many more. The key to this layer is to have the analytics environment and tools needed to generate these models (e.g. Python and R).
  3. PROFILING – The profiling layer  is the part of the stack in which we attribute data, metrics and measurable behaviors to build segments and individual profiles (in instances where we collect this data). We can also use our data for matching or adding profiles from 3rd party vendors.
  4. PERSONALIZATION – This Personalization layer is the part of the stack which leverages models and data to deliver content and experiences based on behavior and preference. We use the audience information from our DMP and profile creation to store preferences and deliver against those as well.
23 Feb

Notebook Thoughts: A Data Science Approach to Marketing

  1. Why, how, who and what are we trying to solve for? Are we solving a problem or seizing an opportunity? How does it align to the consumer journey?
  2. Do we have the required data? Are we buying or collecting? Is it structured or unstructured? What about variety, velocity, veracity and volume of data?
  3. What are the appropriate statistical model? Classification, regression, clustering, similarity, etc.? What about marketing models? Segmentation, propensity, etc.?
  4. What is the deliverable and how does it work? Are we delivering through dashboards? Will it need to be real time?
  5. Why should the client move forward with the recommended solution?
  6. What is the investment required?
  7. How are we going to test and optimize our proposed solution?