Question: What are two ways that data analytics benefits retailers? Multiple select question. By allowing retailers to predict shopping behavior by learning how consumers use channels,
What are two ways that data analytics benefits retailers?
Multiple select question.
By allowing retailers to predict shopping behavior by learning how consumers use channels, information, and payment options
By focusing consumers on the functional value of retailers' products with statistical evidence of their superiority
By providing realtime data about competitors' offerings and marketing strategies
By allowing retailers to offer the most innovative products at the right prices, while maintaining optimal inventory levels
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
