Lasa business analytics implementation plan
One such tool they could apply would be predictive analytics, which can help them gain insight into potential customer behavior & preferences based on past data points – thereby providing invaluable information for creating targeted marketing campaigns that yield maximum ROI.
Another business analytic ABC could utilize is A/B testing, as this technique allows them to accurately measure the effectiveness of different web page layouts or product offerings etc., without any significant investments into market research or costly surveys etc.
In addition, ABC could also benefit from using cohort analysis when looking at customer trends & demographic profiles over time – helping them identify potential risks/opportunities & take appropriate action accordingly. Furthermore, ABC may also want to consider incorporating sentiment analysis methods in order to gauge public opinion towards their products/services before making any major decisions.
Overall, ABC has multiple options when it comes to utilizing business analytics – ranging from predictive modeling & A/B testing to cohort analysis & sentiment analysis etc.; all of which can provide valuable insights that will help ensure success going forward.