Question: How can online businesses use data analytics to increase sales?

How can online businesses use data analytics to increase sales?

Step by Step Solution

★★★★★

3.44 Rating (176 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

There are various ways online businesses might use data analytics to boost sales Customer profiling ... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Electronic Commerce Questions!

Q:

Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...

Q:

Hi there , I need help. for my work i need a relevant and well written introduction as well as conclusion to the following below. My work is complete i just need a introduction and conclusion please...

Q:

Job descriptions: In determining who will be responsible for what duties, you are to compile a Job description for the Assistant Front Office Manager, The Front Desk Agent, The Reservations Agent and...

Q:

How can online businesses use data analytics to increase sales?

Q:

1. How can online businesses use data analytics to increase sales? (4 marks) 2. What is Merchandising? Describe the role of Merchandising? (4 marks)

Q:

1. How can online businesses use data analytics to increase sales? 2. What is Merchandising? Describe the role of Merchandising? 3. What is meant by the "stickiness" of a Web site? Please describe....

Q:

How can businesses use sentiment analysis to understand customer opinions and feedback?What are some ways businesses can use data analytics to optimize their marketing strategies?How can businesses...

Q:

Read the following articles, then answer the questions below: Gartner Top 10 Trends in Data and Analytics for 2020 (Links to an external site.) How Big Data Can Help Do Wonders in Business (Links to...

Q:

Gartner Top 10 Trends in Data and Analytics for 2020(Links to an external site.) How Big Data Can Help Do Wonders in Business (Links to an external site.) Recent Big Data Insights (Links to an...

Q:

Title: "Digital Transformation in Sales: A Comprehensive Guide for Modern Marketers" Objective: Create a seminar script that explores the impact of digital transformation in philippines on sales...

Q:

Suppose the market price of the call option is $6. Is there an arbitrage opportunity? Show how you can take advantage of this price to make arbitrage profits?

Q:

Light that enters your eyes is focused to form an image on your retina. The optics of your visual system have a total power of about +60 D about +20 D from the lens in your eye and +40 D from the...

Q:

Assume that the premiums for European options on FST stock with 6 months to expiration are given by: Strike Call Put 1 0 0 $ 1 2 . 3 8 5 $ 9 . 9 1 6 K 8 . 3 7 0 1 5 . 6 5 4 1 where K is an unknown...

Q:

3.21. The Human Development Index (HDI) is an index the United Nations uses to give a summary rating for each nation based on life expectancy at birth, educational attainment, and income. In 2006,...

Q:

1. Alibaba.com was an early entrant into the B2B portal market in China. In about 100 words, explain how this might have created a lock-in effect, especially given the types of businesses the site...

Q:

In the past, geographic borders have helped governments assert jurisdiction effectively. In about 200 words, explain how a governments power, and therefore its ability to enforce jurisdiction, is...

Q:

Assume you are working for a company that sells music online. The marketing department would like to send e-mails to customers who have purchased music from the Web site. These e-mails would use...

Q:

Table 1: (1) (2) (3) (4) (5) (6) Price Aggregate Total Output Output Output Level Output Employment Demanded Demanded Demanded (index) billion $ full-time equiv. billion $ billion $ billion $ 115...

Q:

David & Co. pays its employee twice a month. Employee earnings and tax amounts for the pay period ending December 31st are: Gross Earnings: 12,534 Social Security Tax: 777.60 Medicare Tax: 181.88...

Q:

Question-2: Huzaifas toys produces lucrative toys forkids. Sales personnel are paid a substantial commission on each unit of toys sold plus small basic salary, in order to encourage them to be...