Question: Performing a customer behavior analysis is becoming increasingly important for reasons including content personalization, customer value, content optimization, and customer retention. In relevant examples, a
Performing a customer behavior analysis is becoming increasingly important for reasons including content personalization, customer value, content optimization, and customer retention. In relevant examples, a research study conducted by Accenture indicated that of customers switched companies in due to poor personalization while asserted that they expect special recognition when they are a "good customer." The purpose of this assignment is to conduct a customer behavior analysis. Students are required to select a company's product or service that is being sold in an online platform such as Amazon and Instagram where they could have access to a high number of customer reviews. The instructor must approve this selection. To conduct a customer behavior analysis, students must complete the following steps: Segment your audience. Identify the key benefits for each group. Allocate quantitative data eg subscription data, social media insights, and product usage reports Compare your quantitative and qualitative data to identify some recurring trends. Apply your analysis to a campaign by offering recommendations to improve the company's existing marketing efforts. Following the completion of the above steps, students should briefly explain how Artificial Intelligence is influencing customer behavior analysis. In addition, students should conduct some research to find at least three customer behavior analytics platforms that might benefit the selected company. Students will provide a short description of each platform and justify its potential benefits.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
