Short Answer:
AIM is a real-time learning system that auto-updates, while traditional MMM is static and can become outdated.
Full Answer:
While both AIM and traditional marketing mix modelling (MMM) employ probabilistic models to analyze and attribute marketing benefits, they function quite differently. AIM is designed as a dynamic learning system. It features an automated data pipeline that consistently checks, enriches, and transforms incoming data. This continuous flow and optimization ensure the models always reflect the most recent and accurate information. Users can access this real-time data with ease through AIM’s user interface.
On the other hand, traditional MMM lacks this adaptability. It doesn’t self-update with new data, which means that as the market or data evolves, MMM can quickly become outdated. This static nature means it demands significant resources for both creation and upkeep. Often, by the time users access its data, it no longer reflects the current landscape.
Therefore, AIM offers a more agile, cost-effective, and timely approach to marketing measurement, granting businesses a distinct competitive advantage.