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Decoding the Jargon

Marketing mix modelling

Also called MMM, media mix modelling

Performance marketingTerm

A statistical method that uses past sales and spend data, usually weekly over a year or more, to estimate how much each channel contributed to sales, alongside factors like seasons, prices and festivals.

Example

With two years of weekly data on sales, Instagram, Google and newspaper spend, and festival dates, a model could estimate how much of Meera's Diwali sales came from each channel. A single store may not have enough data for reliable results.

How you'll hear it

“Our MMM says Instagram is driving more sales than the platform's own attribution shows.”

Don't confuse it with

  • Attribution: credits individual customers' clicks and views; MMM works with totals and does not need user tracking.
  • Lift test: a controlled experiment, not a model of past data.

Related terms

Want to use this at work? AI-led PPC Excellence is aFactor's 16-week program for paid ads.

Sources

  1. What Is Marketing Mix Modeling? Benefits and Challenges, Shopify, 2026
  2. Meridian, Google for Developers
  3. Robyn, Meta Open Source

Checked 1 October 2026. Examples use a fictional business; figures are illustrative.

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