John Cripps, Ph.D.
Las Vegas, Nevada, United States
2K followers
500+ connections
About
I am a marketing decision science thought leader, innovator, and team builder with over…
Articles by John
Contributions
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Here's how you can optimize marketing decision-making with machine learning algorithms.
For CTV advertising, first model the marginal response to TV frequency, and summarize that at the household or geo level in a metric like Elasticity. Then decile the elasticites and target the best ones. Works great for Zip or DMA audience targeting. Or use decision trees (eg XGBoost) on HH level elasticities to find more granularly targetable segments based on combinations of "person variables" like demographics, device, app service, platform, TV viewing hrs etc. Zip or DMA targeting exercises can yeild 15%+ gains in CTV ad spend productivity.
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What innovative product concept testing techniques can you use?
Discrete choice and conjoint modeling have been around forever, well studied with well known strengths and limitations. IMO these are pretty useful for first cut at refining initial pricing, bundling and value prop prior to new product or service launch. Post launch "real" in-market experiments are better.
Activity
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Guiding Principle for GenAI Investments: The 2-3-4x Model As GenAI investments continue to surge heading into 2025, C-level executives and their…
Guiding Principle for GenAI Investments: The 2-3-4x Model As GenAI investments continue to surge heading into 2025, C-level executives and their…
Liked by John Cripps, Ph.D.
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If Sequence's projects so far have confirmed anything, it's that PowerPoint is a terrible, terrible way to deliver MMM projects. I'm pulling results…
If Sequence's projects so far have confirmed anything, it's that PowerPoint is a terrible, terrible way to deliver MMM projects. I'm pulling results…
Liked by John Cripps, Ph.D.
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Seasonal experiments in synthetic data. Can chatGPT segment a Christmas dinner? Yep, it can. To preempt the inevitable... axes are principle…
Seasonal experiments in synthetic data. Can chatGPT segment a Christmas dinner? Yep, it can. To preempt the inevitable... axes are principle…
Liked by John Cripps, Ph.D.
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Target's decision to lower prices is a strategic response to attract budget-conscious consumers during the holiday season. Here’s how…
Target's decision to lower prices is a strategic response to attract budget-conscious consumers during the holiday season. Here’s how…
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The American Marketing Association is excited to announce Dr. David W. Stewart as the winner of the 2025 William L. Wilkie “Marketing for a Better…
The American Marketing Association is excited to announce Dr. David W. Stewart as the winner of the 2025 William L. Wilkie “Marketing for a Better…
Liked by John Cripps, Ph.D.
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