Horace recently ran a campaign using multiple ad types for the holidays. They want to understand what type of audiences they are reaching, how their campaign impacts customer perception of their brand, and how the campaign impacted purchase intent. Which third-party measurement solutions will help them get these insights?
- Location and offline lift
- Brand reach and brand lift
- Marketing Mix Models
Explanation:
The correct answer is **Brand reach and brand lift**. Brand reach and brand lift measurement solutions are designed to help advertisers understand the effectiveness of their campaigns in terms of audience exposure, customer perception, and purchase intent. Brand reach provides insights into how many people have seen the campaign and the scope of the audience, while brand lift measures the impact of the campaign on customer perceptions, including factors such as brand awareness, favorability, and purchase intent. These metrics are particularly useful for campaigns like Horace’s, where the goal is to assess how multiple ad types affect customer behavior and perceptions, providing a clear understanding of the campaign’s influence on brand engagement and potential sales.