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Understand the future of AI in Business Intelligence

There’s no question most CIOs and analysts, whether focused on marketing or operations, rely heavily on data. What might be unclear is specifically how that data is being retrieved, analyzed and ultimately leveraged for better decision making. Terms such as business intelligence and artificial intelligence are not new. Both deliver value in terms of collecting and visualizing data with efficiency unmatched by manual capability. Individually, these solutions offer capabilities many organizations find powerful. What lies on the horizon, and is in fact already within reach, is discovering and implementing the complimentary nature of each.

Artificial Intelligence

Enabling analysts to compile and retrieve…


Google Analytics 4.0

The future of analytics from google

Image by Carlos Muza | unsplash.com

The recent launch from the Google analytics stable is a highly improved version extending beyond Universal Analytics. It completely changes the way data is collected, stored, filtered, and finally reported. Google analytics 4.0 or simply GA4 is heavily dependent on predictive analytics utilizing AI and ML. So what does this mean for your business?

Improved audience integration

With the improved backend that comes with GA4, creating a better audience selection and exclusion strategy based on actions taken across devices and platforms becomes so much easier.

Introduction of LTV and churn rate metrics

Google has made it overly simple to gauge…


Conversion rate optimization

CRO ROI Calculation

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For any online business, conversion optimization, or conversion rate optimization (CRO) is a system for increasing the conversion percentage on the website, or more generally, take any desired action on a webpage The Global Conversion Rate Optimization (CRO) market is supposed to respond at a growth rate of 9.6% between 2019–2026. Today most of the CMOs and their team are focused on driving traffic toward websites in the hopes that this traffic will convert into qualified leads. But with the increasing competition, penetration of digital platforms and changing consumer behavior it’s really difficult to make your visitors take any desired…


Conversion rate optimization (CRO)

Key point to consider in 2021 for better website conversion

Introduction

Conversion is the act of persuading someone to take directed action to fulfill your goal. Conversion rate is the percentage of those people who perform that action versus the total number of people who visited your site, saw your ad, ended up on your landing page, or added products to the shopping cart.

To better understand the efficiency of your marketing efforts, you have to know how many people are interacting vs how many are reaching the final goal. Following are the basic questions that will give you the complete guide to conversion rate optimization (CRO).

What is the ultimate objective of conversion rate optimization?

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The only goal is…


Data Science

Developing in-house data science capability

Modern businesses are flooded with a huge amount of data. And it is this enormous data that holds the key for better decisions to accelerate business growth. Simple! What more could any organization need? But here is the problem. To get the most out of this Big Data, it has to be analyzed, processed and this can only be done by experts.

Enter data scientists!-The new superheroes who use cutting-edge technology to sieve data for actionable insights, and consequently make data science a highly sought-after skill set by CEOs, managers, and HR officials for their workforce. …


Data Mining

Uncover associations between items

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For several decades, Market Basket Analysis (MBA) has been a tool used by companies looking to raise their dollar-per-ticket by promoting associated items. The question is: Is it an outdated concept that has been passed over by more modern ways of examining customer behavior?

MBA is an aspect of data mining, i.e., taking large groups of data and looking for useful correlations. It’s specifically related to customer purchasing, and ways to influence them to buy more by offering products that would logically be purchased together through upselling or cross-selling.

An example would be ubiquitous, “Would you like fries with that?”…


Higher Education Marketing

Marketing after the pandemic

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The pandemic, mixed with changes already happening, has changed how and where we work and learn. Now, even more, people are researching and signing up for online courses. While this is a cause for celebration, it can be a losing battle for the marketer. Think of it this way: Though the number of students is increasing, stiffer competition and low conversion potential reduce the number of students who actually sign up. For marketers, this is a serious concern to address.

Not only that, students are taking their scholastic decisions into their own hands. From exploring courses that would suit their…


Digital Personalization

Digital Personalization — Nabler.com
Digital Personalization — Nabler.com
Photo by Timothy Muza on Unsplash

Personalized product recommendations, social media ads, and emails are now increasingly being adopted by marketers to enhance multichannel experiences and drive sales.

The growing interest in technology is fueling innovation. Based on our knowledge of the latest research and development in this area, here are our five trends in digital personalization that are likely to flourish in 2021 and beyond:

  • The recommendation engine It uses data analysis techniques to identify items that match the user’s interest. There are different types of recommendation engines such as; product recommendation engine, the content recommendation engine, and the e-commerce product recommendation. According to a…


Data Science

Learn about the prediction in 2021

As an enterprise discipline, data science is the inverse of AI. The one is an unrestrained field during which creativity, innovation, and efficacy are the sole limitations; the opposite is bound by innumerable restrictions regarding engineering, governance, regulations, and therefore the proverbial bottom line.

The actual business value praised by enterprise applications of Artificial Intelligence is always taken from data science. They feature a vital distinctive correlation with the data scientists for getting extensive and well-researched data.

If organizations can avail the complete spectrum of info, then they can reach the boundaries of data science to overcome smart feature creation…


Data Analytics

Predicting the Market Trend

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Analytics is the most futuristic tool which a company has today to have a clear customer insight. As per PCMAG, Big Data is set to reach over $274 Billion by 2023.

All big players like Amazon, Google, Microsoft, and others have invested in this future. They are not only collecting data but also giving access to this data to the enterprises.

Data analytics helps marketers learn about their audience from the online activities they perform on different platforms, like selecting a product from amazon, to watching something on amazon and ordering their favorite dishes on Zomato.

Data experts have warned…

John Matthew

☞ Built and sold 2 startups as a business-side entrepreneur. ☞ Grew topline revenue to $20M by building a nationwide movement. ☞ Invested $30M as a VC.

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