Problem Statement
The client lacked robust mechanisms for tracking revenue, ad spend, and channel attribution, hindering their ability to gain financial and marketing insights. The absence of traffic source tracking limited their understanding of audience acquisition, complicating marketing optimization.
Approach & Solution
DataRopes.ai developed a comprehensive solution, focusing on SQL-based analytical models and advanced machine learning techniques. Key features of the solution included:
- We built goal-tracking dashboards in Looker Studio, providing real-time monitoring of revenue, ad spend, and traffic sources. These dashboards helped the client generate over 50 actionable insights in the first 3 months, improving strategic decision-making.
- We developed dynamic SQL-based models that automatically adjusted daily revenue and ad budget goals based on evolving monthly targets, ensuring optimized budget allocation. This resulted in the client handling 12% more campaigns with better resource utilization.
- Our team integrated a Time Series Forecasting system with 95% accuracy, predicting daily and monthly revenue trends. This allowed the client to anticipate financial outcomes and plan more effectively.
- We implemented product clustering strategies, helping the client identify and prioritize popular products, which improved the focus of 15 key ad campaigns and significantly enhanced market impact.
Results & Outcomes
The implementation of these tools provided real-time revenue visibility, enabling the client to allocate marketing budgets more effectively and boost campaign efficiency. Our forecasting system allowed the client to make more accurate revenue predictions, resulting in better financial planning. The product clustering analysis helped the client focus on high-value items, improving advertising ROI, while inventory forecasting reduced overstock situations by 15%, optimizing inventory management and resource allocation.
Tools & Technologies used
- Machine Learning / AI
- BigQuery
- Python
- Looker Studio
- Time Series Forecasting
- SQL
- Google Ads
- Google Analytics