Optimize Your Budget With Analysis Tools

The Optimize section looks at different entities in terms of past performance and planned budget. It then recommends how you can change your allocated budget to improve performance. It uses a scatter plot quadrant display, which shows a selected KPI against a certain dimension associated with the KPI in question.

Required Editions

User Permissions Needed
To run Marketplace apps: Admins, Power Users, or Viewers

Using EMI Einstein Marketing Insights, you get a further graphical display of the relativity analysis between the entities in each category. For example, how the selected entity compares to all other entities in its category in terms of cost-effectiveness and size of the budget.

  1. In Marketing Cloud Intelligence, on the Marketplace tab, select Apps.
  2. Click Installed Solutions, and then select the Media Planning Center app.
  3. Select the Optimize tab.
  4. If you define more than one scenario, change the scenario to see the recommendations for that scenario and year.
    optimize
  5. On the right-hand side view the recommendations. In this example, it’s recommended you spend less on Display Ads since your planned budget was relatively high. Display Ads aren’t cost effective when looking at spend and performance from the last 12 months.
  6. To view a further drill-down, scroll down the page.
    You can use these recommendations to reallocate the budget. You can reduce the budget from an entity that’s budgeted too high and increase it if it’s too low.
    Note
    Note If you get the error “Single player left in the game” it’s advised that you drill down to a lower granularity where there’s more than one entity.