google/meridian
Meridian is an MMM framework that enables advertisers to set up and run their own in-house models.
What it solves
Meridian addresses the challenge of measuring the impact of marketing campaigns on revenue or key performance indicators (KPIs) without relying on user-level cookies or private data. It helps advertisers determine their return on investment (ROI) and optimize future budget allocations across various marketing channels.
How it works
Meridian is a Bayesian causal inference framework that uses aggregated data to perform Marketing Mix Modeling (MMM). It employs a holistic MCMC sampling approach called the No U Turn Sampler (NUTS) and leverages GPU acceleration via tensors to reduce training time and provide real-time optimization results.
Who it’s for
It is designed for advertisers and marketing analysts who want to run in-house models to analyze media effectiveness and plan budgets based on geo-level or national-level data.
Highlights
- Privacy-safe: Uses aggregated data instead of user-level information.
- Customizable: A highly flexible modeling framework based on Bayesian causal inference.
- Calibration: Supports calibration using experiments and prior information.
- Optimization: Able to optimize target ad frequency using reach and frequency data.
- Scalable: Handles large-scale geo-level data and national-level modeling.
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