Market Core · Marketing Channels · Module

The mix

How channels combine and in what sequence — because channels interact, and a mix managed as a set of independent lines will misread all of them.

The idea

How it works

The long-and-short evidence is consistent: channels that build memory work slowly and raise the efficiency of channels that capture demand. Managed separately, the first looks unaccountable and the second looks brilliant, and the budget moves accordingly until both stop working.

Sequence matters as much as allocation. A channel that only converts existing intent has nothing to convert if nothing upstream created it.

Working with it

In practice

  1. 01

    Split the budget by job, not by channel

    How much is creating future demand and how much is capturing current demand. That split is the actual decision.

  2. 02

    Expect the demand-capture channels to look better

    They are measured against demand they did not create. Knowing that prevents the budget draining towards them.

  3. 03

    Sequence the mix

    Something has to create the demand before anything can capture it.

  4. 04

    Change the mix slowly

    Effects lag by months. Reallocating quarterly on quarterly data measures noise.

One level in

The components of the mix

A component is something that exists afterwards which did not exist before — a deliverable or a mechanism, not an intention.

  1. The split

    How much is creating demand and how much is capturing it.

    Learn
  2. The sequence

    What comes before what, and what depends on what.

    Learn
  3. The interactions

    Where one channel raises or cannibalises another.

    Learn

Demand-capture channels always look better, because they are measured against demand they did not create.