May 7, 2013
For several years, marketers have addressed digital attribution by using third party vendors, with limited involvement from media agencies to ensure quality data output. With no standard attribution methodology, a “one-size-fits-all” approach is employed by vendors, leaving no room for flexibility or customization based on marketers’ unique needs.
The launch of CookieCutter™brings digital attribution modeling into a media agency environment, effectively centralizing data management and laying the foundation for a more holistic media planning process.
CookieCutterTM is designed to process millions of cookie-level records sourced from marketers’ various digital data sources in a matter of seconds. The data is then synthesized in MEC’s statistical modeling environment. The results from these models reveal which consumer touchpoints are most important through the digital media mix journey.
The methodology for this proprietary platform is grounded in sophisticated modeling techniques which quantify digital ad exposure while controlling the interaction between online and offline channels.
LaMontagne added, “With an increasing number of clients expressing the need to quantify digital media’s ROI, there’s been an explosion of digital attribution vendors. We recognized this as an opportunity to provide a new, scalable and adaptive solution that takes the nuances of a marketer’s business into account. At MEC, we believe in a consultative approach to supporting a business’ budgeting decisions; CookieCutter™ is a manifestation of this approach. We have invested in expert digital data specialists and statisticians who work hand-in-hand with our planners and clients to provide more streamlined reporting and faster recommendations to improve the actionability of results.”
“What makes CookieCutter™ different from competitive platforms is that our technology is designed to support our approach,” said Marla Kaplowitz, CEO of MEC North America. “It is fast, yet flexible. It’s not simply producing canned results;the platform is designed to produce analytics datasets which allow our integrated teams to build truly tailored solutions to answer our clients’ evolving objectives. We are thrilled to officially offer this best-in-class attribution to clients across MEC’s portfolio to ensure we are maximizing the ROI of their media investments.”
The launch of CookieCutter™ represents MEC’s continued comittment to providing clients a clear competitive advantage with consumer data-centric media planning and thought-leadership.