About The Art of Marketing Science
The Art of Marketing Science is a blog focused on applying data science in marketing, sharing from concepts to practical code for readers. Here we explore different ways to apply data science to marketing problems, think about marketing data, highlight challenges that industry marketing data scientists have faced, and implement various algorithms in Python & R. The purpose is to bridge the gaps between theory and application, concepts and implementation and data scientists and marketers.
Data science is applied widely in marketing as every company on this planet is looking to better understand their marketing efforts in hopes to reduce inefficiencies and maximize effectiveness but there is a lack of consolidated resources covering practical application of data science in marketing. This blog is geared towards data scientist currently working in marketing and marketing analysts looking to expand beyond traditional analytics.
The Author
My name is Jason Fong (more popularly referred to as fongmanfong) and I am a Data Scientist focused on solving marketing problems. Currently I am heading up Growth Algorithms at Wealthsimple, a Toronto based Fintech start up. Previously I lead the Marketing Data Science team at Shopify, an e-commerence platform helping scale the platform from 200K merchants to over 1M merchants.
My job is pretty straightforward: help marketing make more data informed decisions to reduce cost of acquisition and increase revenue for Shopify. How do I do this with my team? Well that is not so straightforward. We're working on things like:
- Building and productionizing an algorithmic (moving beyond just heuristic based) attribution model
- Media Mix Modelling to complement multi-touch attribution model
- Geo Experimentation to understand causal impact of marketing campaigns
- Building a state-of-the-art data infrastructure with scalable data pipelines to produce high quality datasets
- Statistical Modelling & Machine Learning (churn, LTV, propensity, lead scoring etc)
- A/B testing and experiments
- Causal inference and regression modelling to understand what levers move the needle
I'm also one of the co-founders at MUDAVEN, where we take a technology first approach to real estate. We help real estate agents with creating 3D virtual tours, modern web design, digital marketing and more.