Measure the effect of advertising channels with a marketing mix model
Marketing measures the effect of individual channels with a marketing mix model
Fits: Leaders & strategy · Marketing & communications · Finance & accounting
You estimate how much revenue or how many enquiries come from TV, search, social media or posters, using weekly figures instead of individual users’ click paths. This lets the budget be allocated by effect, and you see where the estimate is uncertain.
Is this for you?
- You advertise in several channels, including ones without clicks such as TV, radio or posters.
- You have at least two years of weekly data on spending per channel and revenue or enquiries.
- Budget decisions are currently made by gut feeling or by last-click source.
Take one year of weekly data on spending per channel and revenue, convert each column into an index (value divided by the column’s annual average, times 100) and use the template below to evaluate it as a feasibility test. Pay attention to whether the channels can be separated at all.
How to go about it
- Define the budget question and target metric
- Collect weekly data per channel and other influences
- Have the model calculated
- Check results against tests and experience
- Prepare a budget recommendation for management
- Recalculate the model every quarter
Templates to copy
The complete guide
- 6 steps explaining exactly what to do
- 3 proven templates to copy into your own AI
- Safe use: data, checking, deciding, informing
- Pitfalls, effort and how to recognise success
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Same approach, other use cases
28 more use cases follow the pattern “Analysing & reporting data”.
MW-03 · Legal status 08.10.2026