This was one question but it was basically four questions stacked on top of each other.
Start by defining clear success metrics for the billboard campaign, such as incremental sign-ups, sessions, and revenue in targeted areas. Then, outline a measurement framework that includes estimating exposure, setting up geo-based experiments, and using causal inference methods to isolate the campaign's impact. Finally, describe how you would forecast incremental gains by combining exposure estimates with historical conversion rates and running pilot tests.
Pro tip: Emphasize the importance of a control group and pre/post analysis to avoid confounding factors like seasonality or other marketing efforts. Also, mention using geo-lift testing or synthetic control methods to quantify incrementality.
Identify key performance indicators (KPIs) such as incremental sign-ups, sessions, and revenue that directly tie to the campaign's objectives. Ensure these metrics are measurable and aligned with business goals.
Use foot traffic data, train station statistics, and billboard placement to estimate the number of unique individuals exposed. Consider frequency and demographics to refine the exposed population.
Set up a geo-based experiment with treatment and control areas, or use quasi-experimental methods like difference-in-differences or synthetic control if randomization isn't possible. Track metrics before, during, and after the campaign.
Apply causal inference techniques to isolate the campaign's effect from other factors. Calculate lift in sign-ups, sessions, and revenue by comparing treatment and control groups.
Build a forecast model using exposure estimates and observed conversion rates to predict incremental gains. Validate with pilot results and adjust as needed.
AI-generated suggestions, not part of the candidate's original notes. May be inaccurate — verify before relying on them.