Tag: analytics
“How Much Should We Spend?” – A Diminishing Returns Analysis
At PMG, data and technology are at the heart of everything we do. So, when our clients ask us “How much we should be spending?”, we typically start with a data-driven approach. After some research, we decided to pursue the idea of calculating the point of diminishing returns to answer such a question. When will […]
ICYMI: WTH Is Blockchain?
PMG’s head of product strategy and new ventures, Dustin Engel, recently gave an ANA webinar about blockchain and its relevance to marketers. Dustin touched on why it’s okay for marketers to get excited about the hype, and how blockchain technology can positively impact the advertising industry over the next two years. For more, check out […]
How Data Convinced Netflix to Double Down on Adam Sandler
Back in 2014, Netflix signed Adam Sandler to a four movie deal worth $250 million. Even though only three of the four have been released so far, Netflix just offered him another four movies which puts his total contract at 8 movies for at least half a billion dollars. How and why has a successful production company with original content like House […]
On November 17, Mozilla announced the launch of a new browser for iOS, Firefox Focus — a free, mobile browser that privacy browsing front and center. Within seconds of downloading and launching, it’s easy to see Firefox Focus’ impact on web privacy. By default, Firefox Focus blocks all ad tracking software, all web-analytics software, and even […]
How to Calculate Impression Share
My last blog post took a look at calculating average position. Let’s now look at another instance where people make the dreaded “take the average of an average” mistake, calculating impression share. (See the average position post to learn more about averages of averages.) Again, let’s take a look at some dummy data. We have date, […]
Average Calculation in Tableau
There is a bit of misconception about how Tableau calculates average numbers. I have seen analysts struggle with this seemingly easy calculation. Let’s use Tableau Superstore data and calculate Average Sales by Weekday. The common way would be to drop the date into rows field and then use AVG Sales calculation, like below. The problem […]
When Snapchat announced its acquisition of Bitstrips in March for a reported $100 million, marketers began to envision the Bitmoji app, which lets users create personalized avatars of themselves, as a step out of the comparatively murky waters of advertising on the social platform. Last week, Snapchat rolled out the update to its more than 150 […]
How to Calculate Average Position
I’ve been asked more times than I can remember, “How do you calculate the real average position?” The good news is that everyone asking realizes that taking an average of an average will get you in trouble. The bad news is they still don’t know how to actually calculate the true average position. In this post, […]
Google’s Causal Impact: Part 2 – Caution
Here it is. The highly anticipated second and final installment of my two-part series on Google’s Causal Impact R package. Please try to control your excitement. In part 1, we took a general look at how the package helps marketers measure incrementality and ran through a quick toy example. Here’s a quick refresher on the […]
People Analytics
In recent years data exploration has become an integral part of all major sports with teams hiring a number of statistical specialists. What can your company learn from these recent trends in athletic performance evaluations?
