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Missing Values in Logistic Regression
Missing Values in Logistic Regression

Missing Values in Logistic Regression

In addition to decision trees, logistic regression is the workhorse in the modelling in order to forecast the occurrence of an event. Fortunately, both methods are designed in a way that one can basically use any kind of predictor for the prediction, whether dichotomous categories, multi-level categories or continuous variables on interval scale level.  Especially the logistic regression, however, has no possibility to reasonably deal with missing values. In social science research or market research, one often makes do with limiting analyses to complete data sets.

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arcplan and its new Function "Assign"
arcplan and its new Function "Assign"

arcplan and its new Function "Assign"

A very frequent use case in reporting is the linking and displaying of information from either different tables or even different data sources. Frequently, a database view or even an intermediate step via a database layer, in which the data from different sources is merged, is required for this purpose. With the "Assign" function, arcplan offers a simple and quick possibility to link data in the report and in real time.

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Calculating Wall Surface Areas in R on the Basis of Vectors
Calculating Wall Surface Areas in R on the Basis of Vectors

Calculating Wall Surface Areas in R on the Basis of Vectors

I have moved recently and was asked to paint the walls and ceilings of my old apartment by the former property management company. I went ahead right away and tried to get quotes from painting and decorating businesses online. There, I was asked immediately to provide the surface area to be painted in square-meters ... mmh, of course, I could have provided the floor area and the number of rooms straight away, and I had hoped that the businesses would use a simple projection for preparing the quotes. But to directly calculate the surface area to be painted appeared somewhat more complex to me than an off the cuff estimate.

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Standardization of a Success Control Process in an Insurance Company
Standardization of a Success Control Process in an Insurance Company

Standardization of a Success Control Process in an Insurance Company

In the direct marketing environment, success measurement of implemented campaigns continues to play only a minor role in many businesses. However, well performed campaign success measurements provide knowledge about the effectivity of the respective campaigns and facilitate informed decisions about their design and future optimization. It should be the objective to implement a standardized success measurement for direct marketing measures and to improve new campaigns with the generated knowledge and thus achieve a higher turnover and profit.

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Reformatting SPSS Value Labels for Output
Reformatting SPSS Value Labels for Output

Reformatting SPSS Value Labels for Output

Use Cases

Categorical variables can be used as original texts in SPSS, which results in a substantial loss of performance in the case of large amounts of data, or as numerical codes with labels. The second way is not only drastically more performant but also the right way because although it makes the code in the SPSS syntax more difficult to read, it also makes it absolutely immune to changes in notation.

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Roll-Out-Strategies for Campaign Management - Think Global, Act Local
Roll-Out-Strategies for Campaign Management - Think Global, Act Local

Roll-Out-Strategies for Campaign Management - Think Global, Act Local

Starting Situation

Campaign Marketing Tools are often bridging between Marketing and Data management Teams, giving marketing ideas structure and shape within a form of coordinated and well measured marketing activities.

There is an obvious tendency on the international market to choose solutions that can be easily rolled out to all countries being part of a global strategy to simplify and unify technical infrastructure and processes.

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Looking Into the Data Science Toolbox
Looking Into the Data Science Toolbox

Looking Into the Data Science Toolbox

Let us have a joint look into our toolbox in this blog entry. The topic provides material for more than one blog entry and we will get back to it time and again in this blog.

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The Monty Hall Problem in 10 Python Lines
The Monty Hall Problem in 10 Python Lines

The Monty Hall Problem in 10 Python Lines

Background of the Problem

Many will remember the game show "Let´s make a Deal" from the 90ies where candidates had to choose one of three gates. Behind one gate, the prize was always hidden, and behind the other gates lurked blanks, i.e. the Zonk or, in the USA with presenter Monty Hall, goats. At the start, the candidate always chooses a gate behind which he believes the prize to be hidden. Then, the presenter can try to change the candidate´s mind to other gates by offering cash. He can also open gates in order to increase the excitement.

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Data Quality Management Remains Decisive Prerequisite for CRM
Data Quality Management Remains Decisive Prerequisite for CRM

Data Quality Management Remains Decisive Prerequisite for CRM

Starting Point

In order to be able to use an effective customer relationship management, it is of great importance to have robust knowledge about one's own customers and customer structures - especially in the area  of campaign management. Personal information about customers, events and changes in the customer situation and behaviour in a CRM system can be used as opportunity for communication. By means of this existing data, a personalized interaction with the customer, such as offers and services, becomes possible.

Many businesses are currently starting to make initial experiences with the use of big data methods. By means of statistical methods, these methods promise to generate additional knowledge about the customers from huge amounts of mostly unstructured data in very short time. Frequently, automatically generated data such as log files or clickstreams collected from the use of the website, a web shop or data from social networks, is used for this purpose. This knowledge can be of good use for CRM activities. In this context, the question of the significance of data quality in the use of big data methods arises. Because: The analysis and thus the generated knowledge can only be as good as the quality of the data used.  

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Selfmade SPSS Frequency Analyses in R
Selfmade SPSS Frequency Analyses in R

Selfmade SPSS Frequency Analyses in R

I have been an intensive SPSS user since my time as psychology student. Accompanying me across all versions during this time were the simple brief commands in order to show me descriptive statistics. These short commands quickly become second nature and thus enable a fast data viewing.

Currently, my tool focus is on R. It is an excellent alternative but despite extensive experience with this open source tool, I still feel a lack of the usability of SPSS. I simply miss my short commands. However, it is relatively easy to add simple commands similar to SPSS as functions in R yourself.

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arcplan Meets Hichert – Graphics With Outline Bars
arcplan Meets Hichert – Graphics With Outline Bars

arcplan Meets Hichert – Graphics With Outline Bars

Time after time, one comes across types or variants of graphics which at first glance apparently cannot be implemented with arcplan. With simple tricks, however, almost all graphics can ultimately be realized with little effort. Anyone who is currently looking into SUCCESS by Hichert and Partners will encounter e.g. clear notations for value types in bar charts.

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MRM-Increasing Efficiency in Consultancy Services
MRM-Increasing Efficiency in Consultancy Services

MRM-Increasing Efficiency in Consultancy Services

Starting Situation

Isolated applications which make a standardization of processes impossible can be found in tool landscapes of media forecasting with regional focus. The media types often require specific budget allocation tools, availability checks and booking of placements for their forecasting. The forecasting results are manually transferred and checked for target group acceptance and visually prepared via a geo-information system (GIS). All outputs are subsequently exported separately in Excel format, manually compiled and formatted to the customer's CI - on request, this is also implemented in PowerPoint. If a customer feedback results in an adjustment, the process is repeated.

These factors cause both manual processes and a high coordination and communication effort in the interaction of customer consultant, media planner, creative agencies and the advertising customer - this results in inefficiencies and high processing costs for all involved parties.

This situation is the starting point of an optimization project regarding the implementation of a marketing resource management system (MRM) at a leading German media agency. Together with its sister companies, it is the fundamental element within one of the largest forecasting and purchasing agency networks worldwide.

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