What percentage of customers do not buy any other product besides the main one? How many customers buy two or more products from the main purchase? There are several questions that can be answer through data mining.
For several other reasons, this relationship between the products occurs because there is a very similar ne for use for both, in the same consumer experience. It’s the same story we’ve heard many times, that if someone goes to a supermarket looking for flour and eggs, there’s a huge chance they’ll also ne butter. Some products are associat with others, and we use this to our business’s advantage.
You’ve probably already realiz
that with this information in hand, it will be possible to physician phone number list manage inventory more accurately or even know whether it would be valid to offer other products — and which ones they would be — during the checkout process in the cart of our imaginary e-commerce.
Knowing the details is very important and technology is essential for this task.
In a world connect to the internet , staying relevant has become a matter of survival. Competition is fierce and everyone wants to be in the spotlight, seeking to attract as many customers as possible. Information has become a very valuable resource. And we cannot deny that the use of advanc processes, such as data mining, can greatly interfere in the accomplishment of this task, helping to add value to your product or service.
Therefore we increasingly ne to understand
what our consumers think in order to serve them better and buyers can make purchases within 24 hours better, to have greater relevance in every part of their lives that we do.
Throughout our article, we explor what marketing list The answer to our data mining is and how it can interfere with your company’s analytical processes. And we gain a better understanding of how essential and present technology is in our businesses today.