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There are 4 modules in this course
This course explores common analytics methods used by marketers such as audience segmentation, clustering and marketing mix modeling. . You'll explore how to use linear regression for marketing planning and forecasting, and how to assess advertising effectiveness through experiments.
By the end of this course you will be able to:
• Understand your audience using analytics and variable descriptions
• Define a target audience using segmentation with K-means clustering
• Use historical data to plan your marketing across different channels
• Use linear regression to forecast marketing outcomes
• Describe marketing mix modeling and apply different attribution models
• Assess advertising effectiveness
• Explain how A/B testing works and how you can use it to optimize ads
• Evaluate experiment results and assess the strength of the experiment
• Optimize your sales funnel
This course is for people who want to learn how to plan, forecast and optimize marketing efforts using marketing mix modeling, attribution models and A/B tests.
In the first week you will learn about the importance of segmentation in marketing and different methods to use segmentation to determine target audiences for your marketing.
What's included
17 videos5 readings4 assignments
Show info about module content
17 videos•Total 70 minutes
Introduction to the Program•6 minutes
Introduction to Data Analytics Methods for Marketing•3 minutes
Introduction to Anke Audenaert•2 minutes
Careers in Marketing and Marketing Analytics•4 minutes
Introduction: Find Your Audience with Segmentation•1 minute
The Importance of Segmentation in Marketing•3 minutes
Examples of Segmenting Audiences•6 minutes
Programmatic Creative From Audience Segments•7 minutes
Customer Data Platforms (CDP)•2 minutes
Segmentation Using Clustering•6 minutes
K-Means Clustering•8 minutes
Determining the Number of Clusters•4 minutes
Describing Segments•4 minutes
Example: Finding the Target Audience for Snackwall•3 minutes
K-Means Clustering Approach•4 minutes
Describing Segments (Application)•8 minutes
Weekly Summary: Find Your Audience with Segmentation•1 minute
5 readings•Total 50 minutes
Data Analytics Methods for Marketing Course Syllabus•10 minutes
Join the Meta Marketing Analytics Community!•10 minutes
How to be Successful in this Program•10 minutes
Community Guidelines•10 minutes
Different Approaches to Segmentation•10 minutes
4 assignments•Total 65 minutes
Graded Quiz: Segmentation•30 minutes
Review Your Community Knowledge•10 minutes
Practice Quiz: Segmentation in Marketing•10 minutes
Practice Quiz: Cluster Analysis•15 minutes
Analytics for Planning and Forecasting
Module 2•3 hours to complete
Module details
This week you will get an overview of common descriptive metrics for marketing, including Return on Ad Spend and Return on Investment. You will be introduced to the importance of Customer Lifetime Value and how to forecast marketing outcomes using linear regression analysis.
What's included
15 videos3 readings3 assignments
Show info about module content
15 videos•Total 61 minutes
Introduction: Analytics for Planning & Forecasting•1 minute
The Sales Funnel & Descriptive Marketing Metrics•3 minutes
Descriptive vs. Predictive Metrics•2 minutes
Return on Ad Spend (ROAS) And Return on Investment (ROI)•4 minutes
Customer Profit•6 minutes
KPIs, Reports and Dashboards•7 minutes
Customer Lifetime Value and Why it Matters•3 minutes
Calculating Customer Lifetime Value•5 minutes
Customer Lifetime Value: Example•5 minutes
Introduction: Linear Regression•4 minutes
Linear Regression•6 minutes
Linear Regression Continued•6 minutes
Using Linear Regression to Forecast Marketing Outcomes•3 minutes
Different Forms of Regression Analysis•5 minutes
Weekly Summary: Analytics for Planning & Forecasting•1 minute
3 readings•Total 35 minutes
3 Ways to Calculate Profit Margins•15 minutes
Different Approaches to Calculating CLTV•10 minutes
Example: Using Linear Regression to Forecast a Marketing Outcome•10 minutes
3 assignments•Total 80 minutes
Graded Quiz: Planning and Forecasting•50 minutes
Practice Quiz: Descriptive Methods•15 minutes
Practice Quiz: Customer Lifetime Value•15 minutes
Evaluating Advertising Effectiveness
Module 3•2 hours to complete
Module details
In week three, you’ll dig into using experiments to evaluate marketing effectiveness. You’ll also learn about A/B testing and how it can help you optimize your campaigns.
Practice Quiz: Ad Effectiveness Measurement•10 minutes
Practice Quiz: Measuring Ad Effectiveness with Experiments•10 minutes
Optimizing Your Marketing Mix
Module 4•4 hours to complete
Module details
In the final week, you will be introduced to marketing mix modeling and different attribution models and how to use them to make marketing strategy recommendations. You’ll wrap up the week by learning how to visualize and analyze sales funnels and how to use them to recommend next steps in a marketing campaign.
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