Google's open-source tool, Meridian, helps brands measure ad performance more effectively. It integrates with Google's MMM Data Platform for deeper insights.
Google has officially launched Meridian, an open-source marketing mix model. It helps marketers optimize ad spend with real-world data. Hundreds of brands tested it before launch. Meridian is now available to all, offering advanced customization and insights. This tool aims to solve digital marketing’s toughest measurement challenges.
Meridian uses Bayesian causal inference to merge historical and real-world data. It integrates with Google’s MMM Data Platform, providing impressions, clicks, and Google Query volume. Over 20 partners, including Analytics Edge, are certified to help companies implement it. Brands like Finder report increased confidence in measuring ad impact.
Meridian offers full transparency with an open-source framework. It improves measurement accuracy for digital ads, considering reach and frequency. Marketers can run optimization scenarios using sales, visits, and profit metrics. Experiment-driven insights ensure real-world relevance, replacing outdated tracking methods.
Meridian is available on GitHub for immediate access. Marketers can customize it instead of relying on black-box solutions. Certified partners assist in implementation and optimization. Google plans to enhance Meridian’s capabilities in the coming months. As tracking methods evolve, this tool could become a vital asset for data-driven marketers.
Will Meridian change how brands measure ad success?
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