A New Battlefront in Tech: Google vs. Facebook on Post-Privacy Measurement Tools

In the competitive arena of big tech, Google and Facebook are currently vying for dominance in the realm of post-privacy measurement tools. Amidst a fast-evolving digital landscape, these titans are introducing new systems that can measure ad effectiveness whilst still remaining compliant with the stringent privacy regulations. The intriguing part? Both companies are largely funded by advertising revenue, making these tools absolutely crucial for them.

Google's Lightweight (Bayesian) Marketing Mix Modeling (LMMM)

Taking the stage first, we have Google's new tool - the Lightweight (Bayesian) Marketing Mix Modeling (LMMM). Designed in Python, the LMMM uses a Bayesian approach. To put it in simple terms, it starts with an educated guess and then refines these assumptions by constantly comparing them with the actual data outcomes. It’s like you start with a hypothesis for a science experiment, and then you keep adjusting it as you perform the experiments and gather results.Before opting for this system, however, you'll want to ensure your team is comfortable with Python.

Facebook's Robyn

On the other side of the ring, Facebook brings forward its own experimental tool powered by machine learning – ROBYN. Built in R, Robyn uses an approach called ridge regression, which explores different combinations (channel mixes) and how they affect the final results. This is similar to trying out different combinations of ingredients to find the perfect recipe.Robyn also uses machine learning for something called hyperparameter selection. Think of this like a scientist adjusting her experimental setup to optimize the results. With Facebook’s AI library, Nevergrad, Robyn can explore a wide array of combinations, iteratively trying to minimize errors and improve the model's performance.Again, before choosing Robyn, ensure your team is adept at working with R.

Which Tool Should You Choose?

Deciding between these two innovative approaches? In truth, both are worth exploring as they each offer unique advantages. Moreover, it will be fascinating to see which one gains broader acceptance in the industry.Facebook has conveniently packaged their offering with an e-learning course, which provides a great opportunity for those interested in learning more: Facebook Robyn e-learning course

The Future of Post-Privacy Measurement

So, what's your take? Is the Marketing Mix Model (MMM) the ultimate solution to post-privacy measurement? Who do you think will emerge victorious in this tech-giant battle? Which tool are you planning on trying out first? Let's discuss in the comments below.Don’t forget, as we continue to navigate this post-privacy era, these innovations are more than just tools — they're signs of how the industry is transforming in response to privacy concerns, and how companies are striving to ensure their ad-funded models continue to thrive.