Better Advertising with BTR Media

Measuring Marketing Incrementality and Budget Optimization: Michael Kaminsky, Founder of Recast

Listen Later

#032 - In this episode, Justin Nuckols interviews Michael Kaminsky, a data scientist and founder of Recast. They discuss the importance of measuring the incremental return on marketing spend and how marketing mix modeling can help brands optimize their budget allocation. Michael shares his insights on running experiments to determine the true incrementality of different marketing channels, as well as the challenges of measuring the impact of advertising on platforms like Amazon. They also touch on Amazon Marketing Cloud (AMC) and the need for more experimentation tools in retail media.


Key Takeaways:

  • Marketing mix modeling helps brands measure the incremental return of their marketing spend and optimize their budget allocation.
  • Running experiments can provide valuable insights into the true incrementality of different marketing channels.
  • It is important to isolate variables and measure the impact of specific changes in marketing strategies.
  • Different marketing channels have different dynamics, and the frequency of remeasuring their impact depends on various factors.
  • Retail media platforms like Amazon could benefit from providing more experimentation tools to help brands determine the true ROI of their advertising spend.


    • Follow Michael on LinkedIn

    Learn more about Recast



    Recast e-book download page


    Follow Justin on LinkedIn

    Learn more about BetterAMS


    See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

    ...more
    View all episodesView all episodes
    Download on the App Store
    Better Advertising with BTR MediaBy Destaney Wishon and Justin Nuckols
    • 4.8
    • 4.8
    • 4.8
    • 4.8
    • 4.8

    4.8

    13 ratings

    More shows like Better Advertising with BTR Media

    View all
    Freakonomics Radio by Freakonomics Radio + Stitcher

    Freakonomics Radio

    32,008 Listeners

    The Diary Of A CEO with Steven Bartlett by DOAC

    The Diary Of A CEO with Steven Bartlett

    8,484 Listeners

    Retail Media Breakfast Club by Kiri Masters

    Retail Media Breakfast Club

    8 Listeners