Creative Analysis

Know which creatives sustain your campaign — and which only take the credit.

Meta, Google, and TikTok metrics reward last-click and blend creative effect with budget effect — the creative that looks good in the report may only look good because it received more investment. Creative Dividend Index reads all creatives in a campaign together and returns a comparable ranking, with a forecast of what changes if you keep, cut, or scale each piece. Ready to defend the next production and budget round — with numbers, not gut feel.

001 What goes in, what comes out

What goes in, what comes out.

You send media platform¹ exports (Meta, Google, TikTok, YouTube), the creative assets folder, and the campaign brief. We return a comparable ranking across all pieces, a forecast of what changes if you keep, cut, or scale each one, and a read on each creative's real role in the journey — separating piece effect from invested budget effect.

¹ assuming clean classification bases; otherwise we will assess whether Data Clean is needed

Overview panel
Campaign analysis
Creative analysis
002 Who it's for

For those who need to defend a creative decision — not just present CTR.

From agency to marketing leadership: when the question is which piece deserves to stay, which batch of creatives delivered real return, and how to prove to the CFO that creative investment is justified. Platform metrics answer click and view; this study answers relevance.

Creative and media agencies

Who needs to defend creative work

The next client meeting will ask: “which creative delivered the most return?” The answer today comes in CTR and CPM — metrics that do not say whether the piece worked or the budget was simply there. Here you leave with an independent benchmark to defend creative work, with a number that supports repurchase of the next flight.

CMOs and marketing directors

Who needs to answer ROI in committee language

When the CFO asks “what was the ROI of this batch of creatives?”, the answer today comes in CPM, CPA, or frequency — operational metrics that do not answer the question. The study delivers ranking by piece and incremental forecast in committee language, with the justification ready to defend production investment.

Always-on campaigns

Who needs to close the loop between flights

Without consolidated creative-level read, every campaign starts from zero — and what worked last quarter gets lost between spreadsheets and agency reports. The study closes the loop: it becomes direct input to decide production, audience, and mix in the next flight, with documented learning.

003 Our approach

From the piece to the budget decision — with numbers on the table.

Each metric, one signal. Combined, they show which creative is most effective.

  • Consolidation of performance and social metrics
  • Brand Lift and MTA studies to complement metric signals
  • Evaluation pillars inspired by Effie Award winners
004 What lands on your desk

What lands on your desk.

Five pieces in the study. Each one exists to answer a concrete question that will come up in the meeting with the agency, leadership, or client — not to fill slides.

Which creative actually drove the result?

Comparative ranking by creative, normalized by audience and objective. The piece that dominated because it had more budget may not be the one that contributed most — the ranking separates exposure effect from piece effect.

What would the impact be of keeping, cutting, or scaling?

Incremental forecast with frequentist and Bayesian read, with confidence interval. Lets you simulate the next round before deciding.

Where does each creative appear in the journey?

Markov diagnosis (Brand Journey) with removal effect: each piece's contribution is calculated even when it was not the last click. Solves the classic platform metrics problem — which reward the last touch and ignore top-of-funnel work.

How do you know the model is right?

Temporal backtest and documented acceptance criteria. The model only enters the report if it passes the checks — and the report states where the read is robust and where it deserves a caveat.

Goes beyond a media spreadsheet.

Reads the asset, not just the number. Multimodal ingestion — we open the performance spreadsheet, read the brief PDF/PPT, and scan the creative assets folder to extract piece attributes. The ranking is not just “campaign X had more conversion”; it is “this type of creative, with this approach, performed better in this context”.

005 Why this study, why now

The question is already proven. What's missing is the answer for your case.

The research The Creative Dividend (Effie Worldwide × System1, 2026), with 1,265 campaigns, showed that creative and media together explain up to 98% of results — and that treating the two separately is the main reason campaigns underperform.

Even so, most of the market still evaluates creative by CTR and media by CPM. Creative Dividend Index closes that gap at the piece level: comparable, auditable read, in business decision language. explōrātiō proprietary methodology — Effie is a conceptual reference; what we validate is your data.

006 How it's different

How it's different from what you already use.

Another layer of read: relative importance of each creative in campaign results. It does not replace point tests, does not replace Media Mix Modeling, does not replace platform reporting — it completes what's missing.

Native platform A/B test

Confirms a hypothesis between 2–4 variations. The Index reads the entire campaign and measures relative weight — it uses A/B as input, not as a substitute.

Native metrics (Meta, Google, TikTok)

Reward last touch. Markov distributes credit by each creative's real role in the journey.

Agency or planning report

Qualitative narrative. The Index is the quantitative benchmark across brands, pieces, and channels.

007 Methodology

How the study is built, from brief to final read.

Four phases — features, validation, deliverables, workshop — in fixed order. What is in the signed scope is what gets done, and it is the benchmark for measuring “done” at the end.

Delivery sequence

Features → validation → deliverables → workshop

Preparation
Execution
Quality and acceptance
  1. FeaturesMultimodal CQI
  2. ValidationBacktest and criteria
  3. DeliverablesPDF · PPTX · CSV
  4. WorkshopJoint read

Revision per tier: 15 to 45 days after formal delivery, in one consolidated round within the signed scope. Requests outside the window become new scope.

01 · Features (CQI)
Question

How do you compare creatives that ran on different audiences and objectives?

Method

Building the Creative Quality Index (CQI) — features normalized by creative, with multimodal blend of spreadsheet, brief text, and asset attributes.

Output

Feature table by creative, comparable across batches.

02 · Validation
Question

Would the model have been right if I had used it three months ago?

Method

Temporal backtest and documented acceptance criteria. Only outputs that pass the checks enter the report.

Output

Criteria met table + explicit caveats.

03 · Deliverables
Question

What do I take to the meeting?

Method

Executive PDF report, PPTX deck for internal presentation, and auditable CSV tables (ranking, forecast, Markov journey, acceptance criteria).

Output

Presentable material from the day after delivery.

04 · Read workshop
Question

How does my team apply this in the next round?

Method

Joint read session — interpretation of results, scenario simulations, and bridge to the next production and media decision.

Output

Aligned team, with documented action plan.

008 Investment

Fixed packages — no subscription, no license.

Three study sizes, one-time delivery. Scope is sized by number of campaigns, creative volume, and brands involved — we align in the initial 30- to 45-minute conversation with a sample of your case.

— 01 / Essential

R$ 3.947

  • Scope 1 campaign · up to 30 creatives · 1 brand
  • Audiences/objectives up to 3 audience or objective cuts
  • Delivery PDF report + executive PPTX · 1h read session · 15-day revision
  • Timeline 3 to 4 weeks
— 02 / Complete

R$ 8.547

  • Scope up to 4 campaigns · up to 80 creatives · up to 2 brands
  • Audiences/objectives up to 8 audience or objective cuts
  • Delivery PDF report + executive PPTX per brand · 2h workshop · 30-day revision
  • Timeline 5 to 7 weeks
— 03 / Enterprise

R$ 16.947

  • Scope up to 9 campaigns · up to 200 creatives · 3 brands
  • Audiences/objectives up to 12 audience or objective cuts
  • Delivery consolidated + per-brand report · 3 workshops · 45-day revision · board session
  • Timeline 8 to 10 weeks

For agencies that want to deliver the study under their own brand, and for marketing teams with structured BI that want the technical slice to integrate, specific formats by conversation. Pilot packages with discount for the first study — just ask.

009 When scope grows

When scope grows mid-project.

Creative analysis is about campaign scope, and sometimes the scope changes — a new piece enters, an additional brand appears, an extra audience cut is requested. Instead of hiding the rule, we leave the table in plain sight: what triggers an add-on, what becomes a new study, and what each case costs on top of the contracted package.

Targeted add-on

+35%

Change up to 25% of signed scope

Ex.: Essential (R$ 3.947) → add-on of R$ 1.381.

Broad add-on

+50%

Change above 25% of scope

Ex.: Essential (R$ 3.947) → add-on of R$ 1.974.

Criterion A

25%

Limit by added creatives

Ex.: Essential — 30 creatives in scope. +5 creatives (17%) → targeted. From the 8th extra creative (≥27%) → broad.

Criterion B

25%

Limit by audience/objective cuts

Ex.: Essential — 3 cuts in scope. +1 cut (33%) → broad. Cuts trigger full re-segmentation of the ranking, hence the more sensitive trigger.

Adjustment window

15–45d

Per tier: 15d · 30d · 45d

Per tier: 15d (Essential) · 30d (Complete) · 45d (Enterprise). One consolidated round, acceptance by email.

Becomes new package

New

Outside add-on — separate quote

Another brand outside scope, unplanned platform (TikTok added to a Meta+Google scope), new time window (campaign from another period), creative typology outside the closed dictionary in the diagnosis.

Criteria A and B measure % of scope changed · higher index prevails · targeted add-on +35% or broad +50% on the package · all within signed scope

010 What your case needs

What your case needs to make sense.

The study only delivers a statistically reliable ranking when the campaign has volume and variety of creatives. Use the cards below to confirm it makes sense before the conversation.

Minimum creative volume

From 20 creatives per campaign. The model needs sufficient variation between pieces to generate a statistically reliable ranking; below that volume, it becomes opinion with a nice chart.

Data history

The campaign period while it was active. Extended history is not required — unlike MMM, this study reads the campaign itself, not the brand's time series.

Channel scope

Today, exclusively digital creatives (Meta, Google, TikTok, YouTube, programmatic). No inference about offline vehicles.

Submission format

CSV/XLSX exports from the media platform (impressions, clicks, conversions, spend), creative assets folder (video, image, copy), and brief in PDF/PPT when available. Column-by-column documented mapping.

Where data runs

Secure links and encrypted transfer. Your data is yours: everything you send is used only to run your model, and deleted afterward. Nothing is stored, nothing is trained, nothing is reused in another project. LGPD compliant, documentation at close-out.

011 Limitations and alternatives

When it is not Creative Dividend Index.

The study reads a closed campaign with creative volume — it does not replace all marketing analysis. In some situations another explōrātiō product delivers a faster answer.

Campaign with fewer than 20 creatives

For 3 or 4 variations, A/B test answers better and faster.

100% offline campaign (TV, OOH, radio)

Today the study reads digital only — for on/off mix, MMM Combined is the path.

Media decision by channel

The question "how much to put in each channel" is MMM, not Creative Dividend.

Daily optimization of a live campaign

The study reads a closed campaign (or closed cycle within an always-on campaign). For real-time management, it is operational media reporting.

014 What you receive at close-out

At the end of the study, this goes to you.

Study delivered within signed scope. Ranking, forecast, and journey in committee language, with presentable material for the next client or board meeting, and an auditable trail for anyone who wants to redo the read. No “almost ready”, no endless revision round.

Analysis By creative
  • RankingComparable by audience and objective
  • IncrementForecast with confidence interval
Report Executive
  • PDFTechnical report and business narrative
  • PPTXDeck for board, CMO, or client
Data Auditable CSV
MarkovJourney and removal
CriteriaDocumented acceptance
FeaturesCQI table
ForecastKeep/cut/scale scenarios
Read With your team
  • SessionInterpretation and scenarios with the team
  • RevisionWindow per tier (15–45 days)
012 FAQ

Questions that come up before the first call.

Does the Index replace CTR, CPC, and platform reporting?

It does not replace operational reporting — it complements it. Native metrics reward last touch and blend piece effect with budget effect. The study reads all creatives in the campaign together, with comparable ranking, incremental forecast, and Markov journey, to decide production and budget in the next round.

What is the difference between Creative Dividend Index and MMM?

MMM answers how much each channel contributed to the KPI over time. The Index answers which creative drove within the digital campaign. They are complementary: one guides media mix; the other, which piece to keep, cut, or scale.

How many creatives do I need to run the study?

From 20 creatives per campaign, with real variation between pieces. With 3 or 4 variations, native A/B test is usually faster and more appropriate. Tier scope also limits campaigns, brands, and audience cuts — we align in the demo.

How long until delivery?

Generally, 3 to 4 weeks on the Essential tier and up to 6 weeks on larger scopes, after base and assets are locked. Unlike MMM, it does not require years of brand history — it reads the campaign while it was active.

Do I need pixel, CRM, or data lake for the Markov journey?

We work with platform exports and journey data as available in scope (impressions, clicks, conversions, exposure sequence when available). The more granular the event trail, the better the MTA — but a data lake is not required; spreadsheets and treated exports enter the brief.

Are my data and creatives stored by you?

Secure transfer; use only to run your study. Nothing is trained for other clients or reused in another project. At close-out we document retention and LGPD alignment — coordinating with legal or DPO when needed.

What comes in the close-out package?

Technical PDF, executive PPTX, CSV tables (ranking, forecast, Markov, acceptance criteria), read session and — per tier — workshop. Only outputs that pass documented acceptance criteria enter the report; caveats are explicit.

013 Glossary

Glossary — only if you want to go deeper into the method.

The technical terms that appear in the report, PPTX, and CSV. It is here because whoever operates data (BI, analytics, planning) will want to open and audit — whoever only receives the recommendation does not need to read it.

Creative Dividend Index (CDI)

explōrātiō product that ranks creatives in a digital campaign, estimates increment, and distributes credit in the journey — for production, media, and budget decisions beyond platform CTR.

Creative Dividend (Effie reference)

Concept from the research The Creative Dividend (Effie × System1): creative and media together explain most of the result. The Index is proprietary methodology applied to your data — Effie is a conceptual reference, not the model itself.

CQI (Creative Quality Index)

Feature index by creative — blend of performance spreadsheet, brief text, and asset attributes — normalized to compare pieces that ran on different audiences and objectives.

Comparative ranking

Relative importance order of creatives in campaign results, separating piece effect from exposure effect (budget, audience, objective).

Incremental forecast

Estimate of what changes in the KPI if you keep, cut, or scale a creative in the next round — with confidence interval, not just a point number.

Frequentist · models

Models calibrated to campaign history with point estimates and intervals derived from the fit — one of the two evidence lines in the study.

Bayesian · models

Models with priors defined in scope; produce posterior distribution and credibility interval. When they converge with the frequentist, the recommendation gains weight; when they diverge, the report explains why.

Markov (Brand Journey)

State chains representing the consumer journey between creative exposures — basis for distributing credit across the funnel, not just at the last click.

MTA (Multi-Touch Attribution)

Attribution that considers multiple touches in the journey. In CDI, Markov with removal effect is the layer that corrects platform last-click bias.

Removal effect

Simulation of the "without this creative" scenario in the journey to isolate how much of the result disappears when the piece is removed — even if it was not the last click.

Last-click

Platform rule that credits conversion to the ad seen last. The Index uses Markov and joint ranking so bottom-funnel pieces are not the only ones rewarded.

Temporal backtest

Validation in which the model is trained on one segment of the campaign and tested on another — answers whether the read would have been useful before the real decision.

Acceptance criteria

Thresholds documented in scope (fit, error, stability). Outputs that do not pass the checks do not enter the main report — or enter with an explicit caveat.

Prior · Bayesian

Initial assumption about parameters before seeing campaign data — calibrated in the brief and influential when volume per creative is low.

Convergence · divergence (models)

Convergence: frequentist and Bayesian point in the same direction for a creative. Divergence: they disagree — the report documents causes (priors, volume, model form).

015 Next step

Thirty minutes to see if it makes sense. Nothing to buy.

The initial conversation is to look at a sample of your creatives and campaign spreadsheet, and say frankly: there is a study here that solves it, or native A/B test can still answer. If yes, we design scope, number of creatives, and timeline on the spot. If not, you still leave with the diagnosis.

WhatsApp · reply within 1 business day · no forced pitch Talk on WhatsApp Other ways to reach us