Building An Easy-To-Understand Analytics Dashboard Is Easier Said Than Done
Building An Easy-To-Understand Data Analytics Dashboard Is Easier Said Than Done Many organizations rely on an analytics dashboard to present real-time data in logical and clear formats that can be used as an executive summary or big picture. Analytics dashboards have evolved over the decades, and now, the latest iteration is the interactive analytical dashboard.… Continue reading Building An Easy-To-Understand Analytics Dashboard Is Easier Said Than Done
The Many Routes From Data to Visualization
The Many Routes From Data To Visualization Data visualization makes it comparatively easy for the human brain to comprehend the information, but simultaneously, visualization also helps in detecting patterns and outliers in data sets. The increasing dependence on data has made it imperative to translate information into visuals (graphs) for better and faster consumption. The graphical… Continue reading The Many Routes From Data to Visualization
Voice of Customer Analytics and Analysis
The idea of the Voice of the Customer (VoC) is to understand how your customers feel about your products and services when they use them, and what they expect from them. This process focuses on understanding customers, their expectations, and developing products to meet those needs. Using data science and analytics tools, Voice of Customer Analytics (VoCA) collects relevant information from unstructured data, such as reviews and data collected from social media websites.
A Comprehensive Guide To Predictive Analytics
The goal of predictive analytics is to determine the future using several techniques and tools. These days, it uses machine learning techniques as well as data and algorithms to provide the best scientific evaluation of what the future will bring. Even though predictive analytics has been around for years, it's only now that more organizations are turning to it. That's because in order to handle the large amount of data, today we have faster computers, cheaper technology, and easy-to-use software, all of which make predictive analytics deployment easier. Enterprises are slowly turning to predictive analytics to discover new opportunities.
How Customer Segmentation can be Used in Product Development
How customer segmentation can be used in product development? Customer segmentation is a well-known marketing strategy to attract leads, but one of its uses is also for new product development. Customer segmentation can be a tool for market entry strategy to identify potential customers, if any, for a new product or service. As a business,… Continue reading How Customer Segmentation can be Used in Product Development
How Cohort Analysis is Useful for Marketers?
How Cohort Analysis is Useful for Marketers? A few months ago, we had written about the many ways in which cohort analysis can help businesses retain customers. In fact, as compared to other forms of data analytics, cohort analysis is one of the easy ways for a business to run an experiment or do A/B… Continue reading How Cohort Analysis is Useful for Marketers?
Use of Machine Learning In Marketing: Saving Cost of Customer Acquisition
Use of Machine Learning In Marketing: Saving Cost of Customer Acquisition Marketers are increasingly finding machine learning (ML) an ally in their work. Although a new entrant here as compared to other fields, the use of commercial machine learning in digital marketing has started to reduce wasteful expenditure and resources considerably. Know more about the… Continue reading Use of Machine Learning In Marketing: Saving Cost of Customer Acquisition
