In this statistical analysis I fitted a multivariate regression model on simulations of Sales Volume
(response Variable) and marketing series data to (i.e. Advertising
, Distribution
, Pricing
) to estimate the impact of various marketing tactics on sales and then forecasted the impact of future sets of tactics.
The initial discovery of relationships is done with a training set while a test set is used for evaluating whether the discovered relationships hold.
Transformation and adjustment techniques are also applied (Adstocks, log-log, adding ordinal predictors) so that the data would meet the assumptions of the statistical inference procedure and to reduce the variability of forecasts.
Marketing_Mix_Modelling_analysis.md demonstrates the full analysis.