What is Prescriptive Analytics? - Customer Analytics

Опубликовано: 09 Ноябрь 2020
на канале: Nham Ky Duyen

550

Link to this course:
https://click.linksynergy.com/deeplin...
What is Prescriptive Analytics? - Customer Analytics
Business Analytics Specialization
Data about our browsing and buying patterns are everywhere. From credit card transactions and online shopping carts, to customer loyalty programs and user-generated ratings/reviews, there is a staggering amount of data that can be used to describe our past buying behaviors, predict future ones, and prescribe new ways to influence future purchasing decisions. In this course, four of Wharton’s top marketing professors will provide an overview of key areas of customer analytics: descriptive analytics, predictive analytics, prescriptive analytics, and their application to real-world business practices including Amazon, Google, and Starbucks to name a few. This course provides an overview of the field of analytics so that you can make informed business decisions. It is an introduction to the theory of customer analytics, and is not intended to prepare learners to perform customer analytics.

Course Learning Outcomes:

After completing the course learners will be able to...

Describe the major methods of customer data collection used by companies and understand how this data can inform business decisions

Describe the main tools used to predict customer behavior and identify the appropriate uses for each tool

Communicate key ideas about customer analytics and how the field informs business decisions

Communicate the history of customer analytics and latest best practices at top firms
Predictive Analytics, Customer Analytics, Regression Analysis, Marketing Performance Measurement And Management
The course is very good. I have learned a lot from the course. A lot of interesting topics and help me to under the marketing. I will for sure continue learning more courses from this specialization.,I really enjoyed the class. Analytics are such an important part of today's understanding of the customer but have other uses even beyond that. Professor Fader has really great insight on the subect.
How do you turn data into action? In this module, you’ll learn how prescriptive analytics provide recommendations for actions you can take to achieve your business goals. First, you’ll explore how to ask the right questions, how to define your objectives, and how to optimize for success. You’ll also examine critical examples of prescriptive models, including how quantity is impacted by price, how to maximize revenue, how to maximize profits, and how to best use online advertising. By the end of this module, you’ll be able to define a problem, define a good objective, and explore models for optimization which take competition into account, so that you can write prescriptions for data-driven actions that create success for your company or business.
What is Prescriptive Analytics? - Customer Analytics
Copyright Disclaimer under Section 107 of the copyright act 1976, allowance is made for fair use for purposes such as criticism, comment, news reporting, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favour of fair use.