The Role:
Data Cleaning and Preparation:
Collect, clean, and prepare large media datasets from various sources (CRM, ad servers, audience panels) for analysis.
Statistical Analysis:
Utilise econometric techniques like regression analysis, time series modelling, and panel data analysis to identify relationships between media spend and business outcomes.
Model Validation and Interpretation:
Evaluate the accuracy and robustness of models, interpret results, and communicate findings to stakeholders in a clear and concise manner.
Campaign Optimisation:
Provide data-driven insights to inform media buying strategies, including channel allocation, budget optimisation, and creative testing.
Advanced Analytics:
Explore new data analysis techniques like machine learning to enhance model accuracy and uncover deeper insights.
Your Experience and Skills:
Data Science:
Proficient in programming languages like Python, R, and SQL including data manipulation, data imputation, statistical modelling, and visualisation libraries.
Econometrics Background Useful:
Expertise in statistical methods like linear regression, generalised linear models, panel data analysis, and time series forecasting.
Media Industry Knowledge:
Understanding of media landscape, ad formats, audience measurement, and industry KPIs.
Communication Skills:
Ability to clearly communicate complex statistical concepts and insights to non-technical stakeholders.
Business Acumen:
Understanding of business objectives and ability to translate data insights into actionable strategies.
Additional Skills:
Marketing Mix Modelling (MMM):
Build and maintain complex MMM models to assess the incremental impact of different media channels (TV, digital, print) on sales, considering factors like seasonality and competition.
Campaign Optimisation:
Provide data-driven insights to inform media buying strategies, including channel allocation, budget optimisation, and creative testing.
If this sounds like the role for you then please apply to our retained recruiters, Datatech Analytics, today!