Marketing Insights
Support Sales Strategy Development
Defining Success Through Data Analysis
Simplifying Data Analysis through Visualization
Building a Culture of Data-Driven Decisions
Data Mining Techniques for Image Recognition
Value Creation
Streamline Resource Management
Support Sales Strategy Development 
Support Sales Strategy Development refers to the process of utilizing data-driven
insights and prescriptive analytics to enhance sales strategy formulation and execution
...Company C Low Customer Engagement Developed targeted
marketing campaigns based on customer segmentation
...
Defining Success Through Data Analysis 
Customer
Insights: Understanding customer behavior and preferences is vital for tailoring products and services
...Customer Acquisition Cost (CAC): The total cost of acquiring a new customer, including
marketing and sales expenses
...
Simplifying Data Analysis through Visualization 
Efficient Communication Visual tools can simplify the communication of
insights to non-technical stakeholders, fostering collaboration
...This data informs their
marketing strategies and helps in curating personalized playlists for users
...
Building a Culture of Data-Driven Decisions 
Collaboration: Encouraging cross-departmental collaboration can enhance data sharing and lead to more comprehensive
insights ...Amazon E-commerce Employs data analytics for personalized
marketing and inventory management
...
Data Mining Techniques for Image Recognition 
It employs various data mining techniques to analyze visual content and derive
insights ...applications include: Retail: Image recognition is used for inventory management, customer behavior analysis, and personalized
marketing ...
Value Creation 
Value Creation and Business Analytics Business analytics plays a vital role in value creation by providing
insights derived from data analysis
...Drive Revenue Growth: Targeted
marketing and sales strategies based on data can lead to increased sales
...
Streamline Resource Management 
Enhanced Decision Making Data-driven
insights facilitate better strategic planning and execution
...Planning (ERP) Systems ERP systems integrate all facets of an operation, including planning, purchasing, inventory, sales,
marketing, finance, and human resources into a single system
...
Statistical Analysis Tools 
realm of business analytics, these tools help organizations make data-driven decisions by uncovering trends, patterns, and
insights from their data
...business, including: Market Research: Analyzing consumer preferences and behaviors to inform product development and
marketing strategies
...
Characteristics 
In the realm of business and business analytics, the process of data mining involves extracting valuable
insights from large datasets
...Description Customer Segmentation Identifying distinct groups within a customer base to tailor
marketing strategies and improve customer satisfaction
...
Machine Learning in Business 
Customer Segmentation: Classifying customers into distinct groups for targeted
marketing ...Benefit Description Enhanced Decision Making Data-driven
insights help businesses make informed decisions
...
Geschäftsiee und Selbstläufer 
Der Weg in die eigene Selbständigkeit beginnt mit einer Geschäftsidee u.zw. vor Gründung des Unternehmens. Ein gute Geschäftsidee mit neuen und weiteren positiven Eigenschaften wird zur
"Geschäftidee u. Selbstläufer" ...