Salford Analytics and Data Mining Conference 2012

Insight For Data Enthusiasts • San Diego, CA • May 24-25
Training May 21-23 • Welcome Reception May 23

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True-Lift Modeling: Mining for the Most Truly Responsive Customers and Prospects

 

Stop spending direct marketing dollars on customers who would purchase anyway!

True–lift modeling can identify:

  • Which customers will purchase without receiving a marketing contact
  • Which customers need a direct marketing nudge to make a purchase
  • Which customers have a negative reaction to marketing (and purchase less if contacted)

 

This discussion will describe:

  • The basic requirements needed to succeed with true–lift modeling
  • Scenarios where this modeling method is most applicable
  • The pros and cons of various approaches to true–lift modeling