Smart Data Collective

MARCH 30, 2022

Ecommerce companies are expected to spend over $24 billion on analytics in 2025. While there is no debating the huge benefits that analytics technology brings to the ecommerce sector , many experts are pondering what those actual benefits are. New ecommerce startups are discovering interesting ways to utilize analytics.

Analytics 115

Analytics Cost-Benefit Testing Dashboards 115

Occam's Razor

JANUARY 7, 2019

The Step Change Analytics Obsessions List. You'll be surprised by the steep drop in Cost per Acquisition. What the cost of getting a retail customer to make subsequent purchases over mobile apps lower? Does swapping out male model posters for cute animals triple sales? Throw away your custom attribution model.

Marketing Analytics 88

Marketing Analytics Marketing Analytics Strategy 88

Occam's Razor

APRIL 21, 2014

Grow traffic first, with even with bad measurement I can find positive ROI areas for growth or invest time getting Analytics in order first for more objective decision making? Find campaigns where they are spending most money, lower the bounce rate and reduce acquisition cost. But they don't realize the cost.

Marketing Analytics 131

Marketing Analytics Marketing Analytics Measurement 131

Smart Data Collective

MAY 19, 2022

billion on marketing analytics in 2020 alone. One of the biggest benefits is that it can help automate many aspects of the sales process. Due to the benefits of automated technologies powered by artificial intelligence and data analytics, sales staff may now concentrate on the most vital aspects of the sales cycle.

Sales 133

Sales Big Data Cost-Benefit Marketing 133

Darkhorse

APRIL 9, 2018

Many organizations have begun to recognize the benefit of using analytics to support decision-making. Do you build your own analytics team? Before we get too far, let’s make sure we answer the first question: Do you really need your own analytics capability? Or is it a static problem where the model will stay the same.

Consulting 58

Consulting Cost-Benefit Machine Learning Analytics 58

FineReport

APRIL 3, 2024

Benefits of BI Dashboard Tools Business intelligence dashboards are now essential tools, making complex data accessible to non-technical users. These well-designed dashboards offer several business benefits: Empowering informed decisions and strategic planning for business executives. Assess upfront costs and long-term expenses.

Dashboards 52

Dashboards Visualization Metrics Interactive 52

Andrew White

JANUARY 11, 2021

With a success behind you, sell that experience as the kind of benefit you can help improve. Where does the Data Architect role fits in the Operational Model ? Assuming a data architect helps model and guide and assist D&A then they play a key role. Decision modeling (one of my favorites). Try some gamification?

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52