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Digital Marketing Two day training course
Digital Marketing Two day training course

... look at the internal and external factors which effect strategic decision making. We’ll give you an introduction to Content Marketing, take a look at how social media works in business and SEO techniques, which will be led by our in-house digital experts. There will be a variety of practical, hands- ...
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... taking—and have historically taken—to address the special concerns of children. Thirty years ago, the marketing industry established the Children’s Advertising Review Unit (CARU) specifically to recognize that material which might be truthful and non-deceptive for adults could still mislead young pe ...
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Relying On Word of Mouth Marketing Can

... We’ve all heard the advice: turn your clients into your mini ‘sales force’ by encouraging them to tell others about you and your business. Word of Mouth Marketing is touted as being the easiest and best marketing any salesperson, professional, or business can hope to get. Not only does it get your w ...
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Development and Marketing Strategies for Functional Foods

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Marketing mix modeling

Marketing mix modeling (MMM) is a term of art for the use of statistical analysis such as multivariate regressions on sales and marketing time series data to estimate the impact of various marketing tactics (marketing mix) on sales and then forecast the impact of future sets of tactics. It is often used to optimize advertising mix and promotional tactics with respect to sales revenue or profit.The techniques were developed by econometricians and were first applied to consumer packaged goods, since manufacturers of those goods had access to good data on sales and marketing support. The first companies dedicated to the commercial development of MMM were MMA (then Media Marketing Assessment) started in 1990 and the Hudson River Group founded in 1989. Other early pioneer-users of econometric modeling were the ATG group at the advertising agency JWT in the 1990s and later incorporated into MindShare ATG, BrandScience at Omnicom, and the specialist modeling agency OHAL since the late 1980s. These agencies took MMM from being a little-used and academic discipline to being a widespread and common marketing tool. Improved availability of data, massively greater computing power, and the pressure to measure and optimize marketing spend has driven the explosion in popularity as a marketing tool. In the recent times MMM has found acceptance as a trustworthy marketing tool among the major consumer marketing companies. Often in the digital media context, MMM is referred to as attribution modeling.
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