Up Selling

Up Selling

Applications of Data Mining in Marketing Progress Applications of AI in Marketing Analyze Pricing Strategies Impacts Data Mining for Enhancing Brand Loyalty Data Mining and Customer Insights

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Outcomes 
A 25% improvement in cross-selling success rates ...

Applications of Data Mining in Marketing 
Enhanced cross-selling opportunities ...

Progress 
music production, making it accessible to all Online Distribution Platforms for sharing and selling music online Transformed the music business model, enabling independent artists 2 ...

Applications of AI in Marketing 
Technique Description Programmatic Advertising Automated buying and selling of ads in real-time using AI algorithms ...

Analyze Pricing Strategies 
pricing strategies: Cost-Plus Pricing: This strategy involves adding a markup to the cost of goods sold to determine the selling price ...
This may involve updating marketing materials, training sales staff, and communicating with customers about the new pricing ...

Impacts 
Strategic Positioning: Data analysis informs strategic positioning by uncovering unique selling propositions (USPs) ...

Data Mining for Enhancing Brand Loyalty 
Understanding the relationship between product purchases and enhancing cross-selling strategies ...

Data Mining and Customer Insights 
Market Basket Analysis Analyzing purchase patterns to understand product associations and improve cross-selling ...

Dependencies 
include: Market Basket Analysis: Identifying products that are frequently purchased together, which can inform cross-selling strategies ...
Continuous Monitoring: Regularly review and update models to ensure they remain relevant in changing business environments ...

Analyzing Big Data in Retail 
Customer segmentation, cross-selling opportunities ...

Nebenberuflich (nebenbei) selbstständig m. guten Ideen 
Der Trend bei der Selbständigkeit ist auf gute Ideen zu setzen und dabei vieleich auch noch nebenberuflich zu starten - am besten mit einem guten Konzept ...