OptiMine
26 Case Studies
A OptiMine Case Study
JCPenney, a major retail brand, was facing significant challenges with its legacy marketing mix modeling (MMM) vendor. The solution was slow, requiring months for each model refresh, and delivered outdated results that offered only high-level channel guidance. This process was manually intensive, prohibitively expensive, and ultimately created competitive risks for the brand, prompting them to seek a new vendor and approach OptiMine.
OptiMine implemented a custom-configured MMM solution for JCPenney, supported by experienced consultants to guide its use. This enabled the brand to run incredibly fast and detailed scenario planning for both tactical and budgetary decisions. As a result of working with OptiMine, JCPenney generated a verified revenue lift of over $300 million within two years and achieved substantial performance gains.