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Marketing
Analytics
Credit and debit cards are a common way for people to pay for things, and they are a great way to
learn about a buyer's spending habits, financial situation, behaviour trends, demographics, and
preferred way of life.
Social media platforms produce a huge amount of data that can be analysed to learn more about how
customers act, what they like, and how they feel. Social media analytics can help marketers keep
track of how often their brands are mentioned, how often people interact with them, and what
customers say about them. This lets them change their social media strategies as needed.
Predictive Modeling:
Statistical methods are used in predictive modelling to look at past data and make
predictions about what will happen in the future. Predictive modelling can be used in
marketing to predict how customers will act and find the best ways to reach different
groups of customers.
Sales Forecasting:
Sales forecasting is the process of making predictions about future sales based on past sales
data and other factors, like economic trends and seasonal changes. Analytics can help
marketers make accurate sales projections, which can help with allocating resources and
making smart choices about pricing, product launches, and other important business
decisions.
A/B Testing: