Measuring Offline Billboard Campaign Effectiveness
Scenario
A social platform (e.g., Pinterest) runs an offline marketing campaign by placing billboards in train stations to drive traffic and engagement.
Tasks
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Measure the overall effectiveness of the billboard campaign.
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Define and quantify engagement that is attributable to billboard exposure.
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Estimate the size and characteristics of the population impacted by the billboards.
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Propose a framework to forecast potential incremental gains (sign-ups, sessions, revenue) in targeted areas.
Hints
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Consider geo-lift, difference-in-differences, synthetic controls.
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Use tracking URLs/QR codes or short codes.
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Control for baseline trends, seasonality, and concurrent marketing.