Frequently asked questions
Is uplift modeling a form of predictive analytics for marketing campaigns?
Yes, uplift modeling predicts the extra impact of marketing actions on specific outcomes.
When to use uplift modeling?
Uplift modeling is used to predict the incremental impact of a specific action, like a marketing campaign, on customer behavior or business outcomes.
What is the difference between response model and uplift model?
A response model predicts how likely a customer is to respond to a marketing campaign, while an uplift model predicts the extra impact of the campaign on customer behavior.