Business Daily Media

Times Advertising

.

Ekimetrics partners with TikTok to enable clients to effectively measure their advertising media mix spend

  • Written by PR Newswire
Ekimetrics partners with TikTok to enable clients to effectively measure their advertising media mix spend

The French data science expert will power clients' privacy-first measurement models to help understand the true value of TikTok

PARIS, April 29, 2022 /PRNewswire/ -- Global data science consultancy Ekimetrics announced today its participation in TikTok's Media Mix Modeling Program amongst a select group of companies.

Since 2006, Ekimetrics' team of data scientists and consultants has helped some of the world's top brands maximise their business performance and build a competitive advantage in the market. Thanks to its expertise in Mix Modelling Marketing (MMM), Ekimetrics has enabled companies to develop faster and more insightful marketing effectiveness models, isolate the ROI of each of the Marketing Mix levers, and better measure their impact.

As a result, TikTok is partnering with Ekimetrics - a leading expert in MMM - among five key companies to participate in the Media Mix Modeling Program to bring reporting consistency and quality as well as a more streamlined media mix modeling process for advertisers globally. 

"We are looking forward to bringing our proven marketing expertise to a leading social media platform and to support advertisers in delivering effective and engaging campaigns." said Thibault Labarre, Partner and Head of MMM, Ekimetrics.

Jorge Ruiz, Global Head of Marketing Science at TikTok, said: "We are thrilled to be furthering our measurement journey globally. Partnering with leaders across the measurement industry allows TikTok to understand advertiser needs through advanced, privacy-safe modeling techniques and how companies are leveraging our platform to successfully engage their audience and measure success. Our goal is to help clients reach their full potential with the TikTok community and maximize growth."

About Ekimetrics  

Founded in 2006, Ekimetrics is the European leader in data science for business and marketing mix modeling. It brings together over 320 data scientists, has a presence in more than 50 countries worldwide, and has implemented in excess of 1,000 data science projects that have generated over EUR 1 billion in profits for its clients since 2006. Ekimetrics helps its clients to optimise their performance marketing, engagement with the end customer, and operational efficiency. Ekimetrics also uses data to advise companies on how to upgrade their products and services. Ekimetrics are committed to the most advanced data science, and producing ethical, fair and conscious data & AI practices.

Read more https://www.prnasia.com/story/archive/3738998_AE38998_0

PayNuts Unveils Expanded Integrated Solutions and Refreshed Brand to Support Australian SMEs

PayNuts, one of Australia’s fastest-growing payment service providers, has unveiled a refreshed brand identity and an expanded suite of integrated b...

BizCover Brings Australia’s First AI-Based Insurance Quotes to ChatGPT

Australian small business owners can now receive and compare business insurance quotes directly inside ChatGPT, in a move that signals a major shi...

VistaPrint Research Reveals Australian Small Businesses Face a Succession Cliff

With only 16% of retiring small businesses having a succession plan, tens of thousands risk closure as one in three owners nears retirement.  Ne...

Corporate volunteering grows up: how companies are shifting to meaningful, community-led impact

As workplaces settle into the new year and look for ways to strengthen culture, capability and connection, experts say corporate volunteering is e...

The Rise of Mobile-First Venues

Global Hospitality Platform, Tabit, Reveals Five Ways to Maximise Benefits of Mobile-First Systems  As Australian hospitality venues grapple with...

Why the SME is now the primary engine of global cybercrime

For over a decade, the most practical and effective advice we could offer an employee was to spot the typo. It was practical, it was free, and it wo...