Market Segmentation
Data Mining
Big Data Applications in Hospitality
Effects
Impacts
Data Mining in Business
Understanding the Benefits of Business Intelligence
Customer Feedback
Applications 
Through data analysis, companies can segment their customers, tailor
marketing efforts, and improve customer satisfaction
...Customer
Segmentation: Grouping customers based on their purchasing behavior and demographics
...
Data Mining 
Industry Application Retail Customer
segmentation and recommendation systems
...For instance, predicting sales revenue based on
marketing spend
...
Big Data Applications in Hospitality 
Key applications include: Personalized
Marketing: Utilizing customer data to create targeted marketing campaigns based on past behaviors and preferences
...Market
Segmentation: Identifying different customer segments to tailor services and pricing effectively
...
Effects 
This understanding can lead to more personalized
marketing strategies and improved customer satisfaction
...Key effects include: Effect Description
Segmentation Businesses can segment their customers based on various criteria, allowing for targeted marketing efforts
...
Impacts 
Real-Time Analytics: Organizations can make informed decisions quickly, responding to
market changes in real-time
...Customer
Segmentation: Advanced analytics allow for more precise segmentation, leading to targeted marketing efforts
...
Data Mining in Business 
Market segmentation, social network analysis Association Rule Learning Discovering interesting relations between variables in large databases
...
Understanding the Benefits of Business Intelligence 
Benefits of Enhanced Customer Insights Personalized
Marketing: Businesses can create targeted marketing campaigns based on customer data
...Customer
Segmentation: BI tools allow organizations to segment customers for more effective engagement
...
Customer Feedback 
Market Trends: Analyzing feedback can help identify market trends and customer preferences, enabling businesses to adapt their offerings accordingly
...Customer
Segmentation: Dividing feedback by customer demographics to understand different perspectives
...
Data Trends 
Identifying Opportunities: Trends can highlight emerging
markets and consumer preferences, enabling companies to capitalize on new opportunities
...Customer
segmentation, product categorization
...
Effectiveness 
This can include: Customer
Segmentation: Identifying distinct customer groups to tailor
marketing strategies
...
Nebenberuflich selbstständig 
Nebenberuflich selbständig ist, wer sich neben seinem Hauptjob im Anstellungsverhältnis eine selbständige Nebentigkeit begründet.