Lifesight vs Other MMM Vendors
Feature | Description | Lifesight | Other MMM Vendors |
|---|---|---|---|
Fully Automated Data Ingestion | Seamless onboarding of data from hundreds of media, commerce, CRM, and offline platforms with automated pipelines, validation, and schema alignment. | ✅ | ⚠️ |
Time to First Model | First model in under 3 weeks (including data onboarding, transformation, data qa, Eda & model presentation) | ✅ | ❌ |
Open Modeling Platform | A fully transparent modeling platform giving marketers and marketing scientists visibility into every assumption, transformation, constraint, and causal relationship used in the model. | ✅ | ❌ |
Causal Inference over Correlation | Model structure is powered by an explicit causal graph that acts as a digital twin of the business’ data-generating process. Models are designed for causal reasoning, not just correlation fitting. | ✅ | ⚠️ |
Bayesian or Frequentist Choice | A hybrid Bayesian–frequentist approach. Lifesight uses an ensemble of inference and predictive methods, allowing flexibility in uncertainty estimation, regularization, and forecasting performance. | ✅ | ❌ |
Support for Priors | Supports weak, informative, and strong priors for both model training and re-training, as well as calibration using domain knowledge and experimental evidence. | ✅ | ⚠️ |
Calibration (Multi-Source) | Supports calibration using multiple external signals including priors, geo experiments, lift studies, and incrementality tests to correct bias and improve causal validity. | ✅ | ⚠️ |
Robust Demand Forecasting | Beyond media optimisation, Lifesight enables demand forecasting by jointly modeling media, price, promotions, seasonality, macro factors, and structural demand drivers. | ✅ | ⚠️ |
Cross-Dimensional Modeling | Goes beyond hierarchical models to support true multi-dimensional modeling (channel × tactic × geography × funnel stage) with statistical rigor and scalable planning workflows. | ✅ | ⚠️ |
Mediation Analysis | Causal mediation analysis quantifies how upper- and mid-funnel interventions propagate to lower-funnel outcomes, enabling true full-funnel impact measurement. | ✅ | ❌ |
Interaction Analysis | Media variables do not act in isolation. Lifesight explicitly models synergies and cannibalisation effects through interaction terms to learn second-order effects. | ✅ | ⚠️ |
Halo Effect Modeling | Extends interaction modeling to capture third-order effects, measuring how investments in one channel influence outcomes across other channels, brands, or products over time. | ✅ | ❌ |
Trend Analysis | Lifesight decomposed trend to Category Momentum and Brand Momentum. Category momentum is inferred from Additive Auto-regressive Time Series Decomposition processes, whereas Brand Momentum is inferred from proprietary volume of search and share of search data. | ✅ | ❌ |
Custom Dashboard Builder | Fully customizable dashboards enabling teams to build role-specific views for executives, planners, and analysts without being constrained by fixed vendor templates. | ✅ | ⚠️ |
LLM-Powered Chart Explanations | Marketer-friendly, natural-language explanations that translate complex model outputs into clear business insights and decision guidance. | ✅ | ❌ |
Knowledge Agent | An embedded knowledge agent that understands the business context, model logic, and historical decisions, enabling guided exploration and faster insight discovery. | ✅ | ❌ |
Supports Granular Modeling | Layered modeling architecture supports high-granularity analysis while maintaining coherence with top-level demand and budget constraints. | ✅ | ⚠️ |
Calibrates Attribution Systems | Uses MMM and experimental evidence to calibrate and correct biased attribution outputs, aligning tactical attribution with true incremental impact. | ✅ | ❌ |
Includes Experiment Calibration | Native support for ingesting and operationalizing experiment results directly into the modeling process rather than treating experiments as standalone reports. | ✅ | ❌ |
Falsifiable Results | Models are designed to be challenged through holdouts, experiments, and re-estimation—making assumptions explicit and results empirically testable. | ✅ | ⚠️ |
Reports Model Coefficients & Hyper-parameters | Full access to estimated coefficients, transformations, and uncertainty intervals for transparency, auditability, and deeper scientific review. | ✅ | ⚠️ |
Reports Accuracy & Goodness of Fit | Reports multiple accuracy and fit metrics (in-sample, out-of-sample, predictive performance) rather than a single headline statistic. | ✅ | ⚠️ |
Holdout & Backtesting Accuracy | Systematic use of temporal holdouts and backtesting to validate stability, forecast accuracy, and robustness under changing market conditions. | ✅ | ⚠️ |
Model monitoring & refresh | Model is refreshed weekly. Model is monitored for drift & right alerts are raised when the model drift | ✅ | ❌ |
Incrementality adjusted forecasting | Lifesight follows an approach of "algorithmic fit" for our inference and prediction - we adjust prediction from inference | ✅ | ❌ |
Find more about Lifesight's modeling approach here
Updated 15 days ago
