article thumbnail

3 Ways to Measure Ad Campaign Effectiveness: ROI, ROMI, and ROAS

SmartBug Media

Although marketing is not an exact science, the data and analytics gained from accurately tracking marketing —such as paid media campaigns—can greatly help your future marketing efforts become more accurate. Return on Marketing Investment, or ROMI. ROMI is an indication of return on investment in marketing. Let’s discuss.

ROMI 105
article thumbnail

How to Train Your Media Planning AI (The Right Way)

Bionic

According to IBM’s AI Ladder , “AI requires machine learning; machine learning requires analytics; and analytics requires the right data and information architecture. Your Media Planning AI will only be as smart as its training data. What is Training Data? In other words, there is no AI without IA (information architecture).”

article thumbnail

SOLVED: Media Planning for Programmatic Advertising

Bionic

Unlike other tools, Bionic media planning software automates the process of estimating your advertising KPIs , including short-term ROAS and long-term ROMI. This sets up your analytics team with a powerful media analytics database. Monitoring Programmatic Advertising Performance.