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WorkMagic

Efficient project management platform.
General Information
Founders:
Frank Yang
Founded Date:
2023-01-01
Linkedin:
Total Funding Amount:
$2,000,000
Headquarters Region:
San Francisco Bay Area, Silicon Valley, West Coast
Domain Rating:
7
Organic Traffic:
47
Last Equity Funding Amount:
$2,000,000
Last Equity Funding Date:
2023-10-24
Last Equity Funding Type:
Seed

Overview

WorkMagic is a marketing experimentation and measurement platform built for e-commerce brands to uncover the true impact of their marketing efforts. By leveraging advanced methodologies like geo-incrementality testing, multi-touch attribution (MTA), and media mix modeling (MMM), WorkMagic provides actionable insights that help businesses optimize ad spend, improve performance, and drive growth across all marketing channels.

Key Features

  1. Geo-Incrementality Testing: Measure the true impact of your campaigns by creating test and control groups in comparable geographic regions, providing a clear view of how your marketing efforts drive sales.
  2. Incrementality-Calibrated Attribution: Refine attribution models with automated incrementality testing to ensure accurate measurement of your marketing performance, from campaigns to individual ads.
  3. Halo Effect Measurement: Assess how marketing efforts influence not just DTC sales but also other channels like Amazon, wholesale, and retail, providing a complete view of your marketing impact.
  4. Automated Testing Process: Eliminate manual configurations with fully automated eligibility checks, test design, hold-out setup, and calibration for accurate results with minimal effort.
  5. Budget Optimization Insights: Get data-driven recommendations for daily ad spend and channel-level budget allocation to maximize ROAS, iROAS, and overall marketing efficiency.
  6. Seamless Integration with Shopify: Easily connect your Shopify storefront and other marketing channels, enabling quick setup (10 minutes) and rapid testing (launch within a week).

Pros

  • Provides accurate, data-driven insights for marketing performance.
  • Automates complex testing processes to save time and resources.
  • Measures cross-channel halo effects for a complete marketing view.
  • Integrates seamlessly with Shopify and other platforms.
  • Offers actionable recommendations for budget allocation and ad spend.

Cons

  • Currently optimized for e-commerce brands, limiting its appeal for non-eCommerce businesses.
  • Advanced features may require familiarity with marketing attribution models.

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