Optimize advertising channels
Advertising channels: prices, targeting, ad content - What is my CAC limit for each advertising channel? - How should my ads target different groups of potential customers? - What content should the ad contain for this specific channel and targeting?
Multi-armed bandit
We’ll probably eventually want to look into the Multi-armed Bandit problem for marketing optimization: https://en.wikipedia.org/wiki/Multi-armed_bandit
Graph:
- 108.20.10.20 Data Analysis - Optimize advertising channels to 108.20.10 Data Analysis - Optimize
- 108.20.10 Data Analysis - Optimize to 108.20.10.20 Data Analysis - Optimize advertising channels