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Lec 1, Business Analytics, 总结 (The difference between BA and DS, The four…
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Business Analytics
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Why Important
It allows you to change from "making decisions based on feelings" to "making decisions based on evidence"
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It improves efficiency, reduces costs, and increases revenue
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总结
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In real life, various business activities (pricing, promotion, site selection) can be optimized using BA
BA优化
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客户关系管理(CRM)
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使用RFM模型(Recency, Frequency, Monetary)分析客户活跃度