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Hase und Igel
Hase und Igel

Marketing Goals and Budget Allocation

In Marketing, We Cannot Leave Things to Chance

What Do I Want To Achieve with my Campaigns and Channels?

How much money should I invest to achieve my goals? And how do I best allocate it for different channels? Here you can make a guess or look back on the past only. But that’s like setting off on a journey and rolling the dice on how much gas to put in the tank – and whether it’s gasoline or diesel. There’s a better way: Data-Driven Marketing based on Explainable AI.

Marketing Goals and Budget Allocation with NEUTRUM:
What is it?

You want more customers—more customers who will cost no more than X Euros per customer and who will buy our products and services for at least YZ Euros? Or you are after more brand awareness in the target group? Our solutions allow you to reach your goals. We look forward to becoming your partner. The kind of target value that you can realistically achieve, the budget that you’ll need and the perfect combination of measures to get ahead; that’s what our algorithms determine based on good data — data from your own channels along with data from your competitors, data about the demand in the market, and data about all those factors that influence your business, e.g. weather, purchasing power and traffic.
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NEUTRUM Applications for Marketing Goals and Budget Allocation

NEUTRUM

Control Instead of Just Measuring

How well are my products, channels & campaigns performing? Am I using my budgets correctly? The NEUTRUM EVO Optimizer reveals it:

  • Best Business Technology Solution for Marketing (German Stevie Awards 2022, 2023 & 2024)
  • Evaluate success for all channels and entire funnel
  • Real-time benchmarking against demand, competition & environment
  • AI recommendations on budget, channel mix & optimization opportunities

What does Marketing Goals and Budget Allocation do for me?

  • Plan your measures more realistically and reliably from the outset.
  • Play through what can be achieved in which way and with which effort.
  • Continually identify where you can achieve more success with the same budget.
  • Measure yourself against fair and realistic premises that really fit your market.
People often react in different ways. But they are not totally unpredictable. With good data and AI, it is possible to define realistic marketing goals and be able to use the appropriate budgets.

Success Stories

Marketing Goals and Budget Allocation

à la NEUTRUM – that's how we do it …

  • We spar with you to define your decision-making needs and types of goals: What do you want to achieve and what tools do you have to do it? This makes it clear which data will help you to plan this in a well-founded and precise manner.
  • We combine your own data on marketing measures and customer interactions across all systems and silos into a learning system – and draw on external data sources on demand, competition and the environment.
  • Our AI system identifies patterns, highly differentiated drivers of success and failure, and thus arrives at models that optimally predict your performance.
  • Now you only have to enter what you want to achieve – and which premises (e.g. for a channel mix) you might want to specify. The algorithms suggest realistic target values, suitable budgets and their optimal distribution.

And how do I get my Marketing Goals and Budget Allocation now?

1 Appointment

Get a non-binding appointment right now, where we can discuss your concerns together. This way we will find the optimal configuration of our system for you and can create a quote.

2 Setup

If you give us the go-ahead, we will set up your solution and either provide you with the software that you can use to perform the analyses yourself, or deliver the collected and analyzed data to you in the software.

3 Conclude & Analyze

Our solutions support you in drawing conclusions and decisions from the analyses. But we are also available to you personally as experienced sparring partners – everything is possible, nothing is mandatory.

Frequently
Asked
Questions

  • I already look at data – what do you do differently? Why should I trust your system?

    What makes our solution the “Best Business Technology Solution in Marketing and Communication” (German Stevie Awards 2022)? First and foremost, there are three aspects:
    1.) We connect the data from all your systems and channels along the entire funnel – and confidently include even those that are considered “hard to measure”. This means: from the potential contact to the realized customer value, from the advertising booking system to the CRM, from Google Ads to large-scale billboards, you get a real 360-degree view as a basis for the calculations.
    2) We not only look at your own data, but also include data on demand, competition and the environment (e.g. population structure, weather, etc.). This way your goals and budgets are automatically adjusted to the market and are therefore extremely realistic. For example, 10% more sales is only cool as long as you don’t know that demand has increased by 25%….
    3) There are many dashboards. We don’t just show you data in nice graphs – our AI runs the whole gamut of multivariate statistics and modeling to prove correlations instead of just asserting them, and to determine the best models to predict your performance. This gives you real leverage instead of just nice visualizations.
    Are you already doing everything? Maybe you are already well ahead of the curve. Then congratulations! But maybe you can learn a trick or two from our AI. Find out during a non-binding initial consultation.

  • How do I use your system – do I need to change my existing systems or install new software?

    Our solutions work entirely in the cloud. You don’t have to install anything or make any IT introductions. You don’t have to change anything in your existing systems either: Our tool only requires automatic exports from – or read access to – your existing systems.

  • Can I run your solution on premise?

    No, that is not possible. You always have transparency over and access to all your data and the models used, but we don’t give away our algorithms. After all, this is our lifeline and we are way ahead of the market. You wouldn’t trust your patents and secret recipes to anyone else, no matter how great the sympathy.
    However, you can integrate our solutions into your own – e.g. by sending requests for calculations from your own tools via API into our system and we send you the results back. Then you keep all assets with you.

  • What about data sovereignty and data protection? After all, you are connecting all my data…

    Damn good point. Of course, we’ll be happy to sign a confidentiality agreement with a penalty clause (and we can also prove that we have a high level of insurance protection against possible financial losses). Likewise, we are ready to sign a commissioned data processing contract, although this is usually not necessary for our solutions (almost never is the processing of personal data necessary). Security and absolute protection of data and results against unauthorized access are vital for us – accordingly, we take this seriously.
    On the subject of data sovereignty, however, the case is quite simple: it always lies with you. All data in our system can be exported in a format of your choice at any time with just one mouse click. Also the data of the used models. You will never be bound to us to not lose any data – we want to keep you as a customer because you are convinced.

  • Are marketing goals and budget allocation a consulting project for you or can I do that myself with your tools?

    You can definitely do it yourself with our tools – that’s what they are for 🙂
    But the optimal setup depends on what you want to find out and in what depth and breadth. We will work it out together in a free initial consultation.
    Then you can decide for yourself whether we only provide you with the tools and you start the analyses yourself (Software as a Service), or whether we collect the data for you with the tools and hand them over to you with the results (Data as a Service).
    Of course you can also get inspired by the case studies on this page and directly order the tools you are most interested in – we don’t impose our consulting on you 🙂
    However, one thing we always do together initially is define your goals and channels and determine the optimal models with which the system will start running. After all, these are fundamental points for everything that comes after – these decisions should therefore be made consciously and reflected upon together.

  • How much will the data-driven approach to marketing goals and budget allocation cost me?

    Oh dear, there it is – the question of all questions. And you already guessed the answer: It depends. It’s a stupid answer, we know. But that’s the way it is. In principle, however, you should assume a five-digit sum in any case. The drivers for costs are:

    • How many sales and marketing channels do you want to investigate?
    • How many countries or regions should be analyzed separately?
    • How many combinations of products and campaigns do you want to cover?
    • How many different roles/decision makers do you want each to have their own views?
    • Do you use our tools as they are, or should we adapt them to your existing solutions and standards?
    • How much support do you want for the ongoing analyses?

    These are the questions we will clarify with you in a free initial consultation. Arrange it now!

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