Smart Data Collective

MARCH 23, 2022

In short, consumer data is the gold of surveys and all market research conducted. 5 data mining tips for leveraging your surveys. Since you are collecting large chunks of data , what better than to start knowing more about your customers? Use the 5Ps model (People, Product, Promotion, Price, Place).

Data Mining 334

Data Mining Analysis Profiling Marketing Research 334

Smart Data Collective

MARCH 18, 2020

But how exactly do you achieve this in order to use it to your advantage? If you have a shop, this may be easier to keep on top of market research and understanding their needs. Every SME needs to get the most value of their customer data. How do you understand the customer’s needs?

Data Mining 298

Data Mining Commerce Knowledge Sales 298

Smart Data Collective

NOVEMBER 1, 2020

k-means Clustering – Document clustering, Data mining. In data mining, k-means clustering is used to classify observations into groups of related observations with no predefined relationships. Hidden Markov Model – Pattern Recognition, Bioinformatics, Data Analytics. Source ].

Learning 363

Learning Data Mining Matrix Algorithm 363

Smart Data Collective

JANUARY 11, 2023

Many businesses are taking advantage of big data to improve their marketing and financial management practices. billion on big data marketing in 2020 and this figure is likely to grow further in the years to come. Some of the case studies on the benefits of data-driven marketing are quite promising.

Marketing 306

Marketing Marketing Data Mining Advantage 306

Smart Data Collective

MARCH 30, 2022

How Can Your New Ecommerce Startup Take Advantage of Analytics Technology? You will have a huge competitive edge in the ecommerce market if you leverage analytics to your fullest potential. They can use data on online user engagement to optimize their business models. But how do you go about dong this?

Commerce 321

Commerce Startups Banking Data Mining 321

CIO

MAY 30, 2024

By using the information gleaned from process mining, companies can better streamline workflows, enhance resource allocation, and automate repetitive tasks. And the market for process mining tools is growing. billion by 2032.

Business 528

Business IT Analysis Management 528

Netbasequid

SEPTEMBER 12, 2022

Agile research to the rescue! Modern businesses have adopted agile market research as an answer to the dynamic environment in which they operate. What does this mean; how is it different from traditional market research; and why should you do it? What Is Agile Market Research? Let’s find out.

Marketing Research 98

Marketing Research Market Research Research Due Diligence 98