Spendimize
Marketing Budget Optimization Tool
***Select your marketing strategy, input your spend, impressions, clicks, and revenue data for each channel, and let our algorithm calculate the optimal spend levels for each platform to maximize performance.***
1. What is your marketing goal?
2. What time period do you want to calculate optimal spend for?
3. What is your total budget for the week that you want optimal spend for? (Best practice is to use total spend in previous week)
4. Add your marketing channels
Input the amount of spend, impressions, clicks, and attributed revenue that each channel gets in an average week.
*If you don't know historical averages for each, you can also use previous week values.
5. Run Optimization
Run the optimization. We will find the levels of spend that maximize the sum of the weighted KPI's.