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| Name | 7 Strategies to Effectively Use Data and Analytics to Generate Actionable Insights |
| Video Uploader | Video From fintelics |
| Upload Date | This Video Uploaded At 09-03-2022 20:00:36 |
| Video Discription | The number of data sources available on the internet today is growing tremendously. For many, this is considered a good thing, but it poses a lot of difficulties for others. People can easily make mistakes when working with such a vast amount of data. Also, they can lose focus, and emphasize the less important things, thereby failing to extract actionable insights for your company. According to a study by consulting firm McKinsey, data generated by digitalization have not given digital marketers a considerably better understanding of their clients and their purchasing patterns. This is because their companies’ outdated data modeling software failed to highlight these shifts with the required speed and precision. So, while the technologists dominate the market with actionable insights gaining a better understanding of the customers through data granularity, others become sluggish. In today’s highly competitive marketing scenario, this implies losing the market share, clients, and revenue, to your rivals. You certainly don’t want that, which is why we’ve curated a list of the top 7 strategies to effectively use data and analytics to generate actionable insights for data-driven marketing. 7 strategies to effectively use data and analytics to generate actionable insights for data-driven marketing: 1. Measure and Calculate the Right Things - 1:27 2. Ask the Right Questions - 2:14 3. Apply Segmentation Tactics - 2:47 4. Present the Right Data to Convey Your Message - 3:18 5. Build a Robust Optimization Plan - 3:49 6. Integrate Data Sources - 4:21 7. Hire Skilled Professionals Who Understand Your Business - 4:37 Future analytics processes will not only find the problem and why it happened, but they will also suggest what needs to be done. You can also expect to see cutting-edge analytics tools that offer a feature for completing that prescribed action along with data-driven insight. Even better, technologies will sport the multichannel, multiplatform nature of today’s digital world and provide the analytics anytime, anywhere, as long as there is a stable internet connection. This will further drive adoption, providing a platform that leads to better and faster decision-making and high accuracy and efficiency levels. __________________________________________________________________________________________ Fintelics is an AWS Advanced Tier Consulting Partner that specializes in developing custom software and apps utilizing emerging technologies including (AI, Blockchain & Cloud Computing). You can learn more about Fintelics by: - Visiting our website: https://www.fintelics.com/ - Following us on LinkedIn: https://www.linkedin.com/company/fintelics/?viewAsMember=true - Liking our Facebook Page: https://www.facebook.com/fintelics/ #ActionableAnalytics #Analytics #Technology |
| Category | Science & Technology |
| Tags | actionable insights from data | actionable insights | actionable analytics | data and analytics | data driven marketing | data driven marketing strategy | data driven digital marketing | data and analytics strategy | data analytics and insights | data and analytics basics |
