Incrementality models based on MMMs are a massive part of marketing measurement, especially on iOS, where measurement is fundamentally broken. But they are not a silver bullet.
4 challenges of MMM based incrementality models and how to mitigate them at 1:08 · Featured in Growth Gems #75
⛏️ Going Deeper: for an introduction to Media Mix Modeling, check out this blog post (thanks to Alex Bauer for sharing).
Shamanth and his team have been publishing quite a bit about MMM, including some tutorial-like videos that I recommend watching if you’re interested in the topic.
How to measure iOS post-ATT performance using spreadsheet-based Marketing Mix Models- a case study by Virendra Shekhawat (Sr. Performance Marketing Manager at RocketShip HQ) - this is relatively straightforward, which makes it a good introduction.

How even simple calculations can help you think about budget allocation
A walkthrough of Google’s LightweightMMM with Michael Taylor, Co-Founder at Vexpower - very clear walkthrough, definitely more technical
Facebook's Robyn MMM Ep01, Ep02, and Ep03 - ok, I’m guilty of not having watched these yet.
