Predicting Marketing Outcomes via Asset Component Segmentation

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Solution Overview

Problem

Marketing and sales campaigns often rely on trial-and-error, resulting in inefficiencies and subjectivity, leading to unpredictable outcomes and potential harm to demographics.

Innovation Solution

A data-driven method using predictive models and analytics to parse marketing assets into segmented components, determine discrete marketing messages, and calculate associated scores for predicting marketing outcomes, improving efficiency and accuracy.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Measurement precision

If trial-and-error approach is used for marketing campaigns, then creative flexibility is maintained, but prediction accuracy and efficiency deteriorate

Engineering Contradiction:
Improveprediction accuracyVSAvoidcampaign efficiency
Core Design Contradiction:
Measurement precisionVSProductivity

Solution Approach 1:

The system performs preliminary analysis of marketing assets before campaign implementation by parsing components, applying predictive models, and generating outcome predictions in advance. This allows marketers to evaluate potential campaign effectiveness beforehand, avoiding trial-and-error approaches while maintaining creative flexibility through pre-campaign assessment.

Inventive Principle:
Principle #10Preliminary action

2Reliability

If human guesswork is used for campaign outcomes, then subjectivity is maintained, but objectivity and reliability deteriorate

Engineering Contradiction:
Improveoutcome prediction reliabilityVSAvoidanalytics system complexity
Core Design Contradiction:
ReliabilityVSDevice complexity

Solution Approach 1:

The system segments marketing assets into discrete components (images, text, videos, audio) and applies specific predictive models to each component type. This segmentation approach manages system complexity by breaking down the analysis into manageable parts while improving reliability through component-specific evaluation rather than holistic guesswork.

Inventive Principle:
Principle #1Segmentation

Solution Approach 2:

The system introduces predictive models and analytics algorithms as intermediaries between human marketers and campaign outcomes. These intermediaries process marketing asset components objectively, providing data-driven predictions that enhance reliability while reducing subjective human guesswork.

Inventive Principle:
Principle #24Intermediary (Mediator)

3Measurement precision

If comprehensive asset analysis is performed, then prediction accuracy improves, but processing time increases

Engineering Contradiction:
Improveoutcome prediction precisionVSAvoidanalysis processing time
Core Design Contradiction:
Measurement precisionVSLoss of time

Solution Approach 1:

The system divides marketing assets into distinct component types (images, text, videos, audio) and processes each segment with appropriate predictive models simultaneously. This parallel processing approach maintains comprehensive analysis for accuracy while reducing overall processing time compared to sequential analysis.

Inventive Principle:
Principle #1Segmentation

Data Source

PatentUS11907969B2Predicting outcomes via marketing asset analytics
Publication Date: 2024.02.20 INTUIT INC
  • US11907969B2 patent drawing
  • US11907969B2 patent drawing
  • US11907969B2 patent drawing

AI summary

Systems and methods for predicting an outcome for a marketing asset. The systems and methods comprise first determining by a computing device, for a marketing asset received by the computing device, at least one asset type of the marketing asset. The marketing asset is parsed, by the computing device, into a plurality of segmented components, based on the determined at least one asset type. For at least one of the plurality of segmented components, at least one discrete marketing message conveyed by the marketing asset is determined, by applying at least one of a predictive model or rules to the at least one segmented component, where the at least one predictive model or rules are stored in a memory associated with the computing device. The method further includes determining, for each of the at least one discrete marketing message, at least one associated score. The method yet further includes inputting the determined at least one associated score to a trained predictive model to obtain a predicted marketing outcome, where the trained predictive model was trained using training scores associated with a multitude of training discrete marketing messages as independent variables and corresponding training marketing outcome data as dependent variables.