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From Prediction Impact
Predictive Analytics with Data Mining: How It Works
Although you've probably heard many times that predictive analytics will optimize your marketing campaigns, it's hard to envision, in more concrete terms, what it will do. This makes it tough to select and direct analytics technology. How can you get a handle on its functional value for marketing, sales and product directions without necessarily becoming an expert?
The answer is, in order to know
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Analytics + Business Expertise = Actionable Predictions for Each Customer
...ng and sales forecasting: actionable predictions for each customer. This special form of business modeling foresees each customer purchase, response or cancellation, predicting the individual behavior of each existing or prospective customer under certain conditions. Naturally, per-customer predictions are key to allocating marketing and sales resources. For example, by predicting which product
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From Easygyan. com
Online Course in Retial Management
Advanced Diploma in Retail Management
Course Code: AAM02
Course Duration: 1 Year
Course Fee: Rs12000
Course Contents:
Retailing Environment in Emerging Economies
Retailing Strategies
Market Selection and Retail Location Analysis
Merchandise & Supply Chain Management
Store Management
Store Layout & Design
Merchandise Pricing
Managing Human Resources
Managing a Retailer's
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