What does the expression "Big Data" mean? What advantages does big data have for competition?

Q: Do you believe Big Data and Predictive Analytics in Marketing would have been effective 10-15 years…

A: Every company will try to create best products and services and customer service to sustain for…

Q: What is the role of data analytics and big data in marketing decision-making? How can companies use…

A: Data analytics and big data play a central role in modern marketing decision-making by providing…

Q: Think about the culture of a small or medium-sized business. Is there anything in the way of social…

A: Small to medium-sized businesses (SMBs) play a crucial role in the economy and the technology and…

Q: The following are things to think about: Do you think that marketers would have benefited from Big…

A: Organizations need to realize that data equates to information. The more information they have, the…

Q: What are the steps in conducting a market analysis?

A: Market Analysis is a process where we analyze the market so as to how to better position ourselves…

Q: What is business intelligence? What is its primary purpose?

A: The process of gathering, evaluating, and presenting data to support decision-making inside an…

Q: What are Netfllix' projections for profitability and long-term growth

A: Netflix is a online streaming platform. With the lockdown in country due to COVID 19 people are…

Q: Keep the following in mind: Think marketing techniques like Big Data and Predictive Analytics would…

A: Please find the answer below.     DATA ANALYTICS :-  Data analytics is the process of examining,…

Q: What is ETL, and how does it play a crucial role in data warehousing?

A: About Data Warehousing -The process of consolidating and arranging data from multiple sources into…

Q: What are the steps to Conduct Market Research?

A: Marketing research is a systematic collection, designing, analysis, and building an understanding of…

Q: What are the various steps a company can take to improve the quality of its marketing intelligence…

A: The marketing function is the complete blueprint from the beginning stage of planning…

Q: Think about this: Do you think Big Data and Predictive Analytics might have improved marketing…

A: Data analytics refers to the process of examining datasets in order to find hidden trends, and…

Q: into account the following: Do you think Big Data and Predictive Analytics would have been useful in…

A: Marketing is a vast field including various areas like pricing, demand analysis, market research,…

Q: Discuss how the data analytics can help them to implement more sophisticated marketing or promotion…

A: In the given scenario, The 'XYZ" company wants to establish itself amidst the world of…

Q: Discuss the significance of marketing math in overall marketing success. Provide an example that…

A: Marketing is a process to create customers and brand value for the company.  It helps in creating…

Q: Bear the following points in mind: Do you believe that Big Data and Predictive Analytics would have…

A: Big data is a term which can be outlined and expresses as the data which is extremely huge in size.…

Q: What is market research? Why is it important to do research before you start a business?

A: Market research is very important for every business organisation to be successful. Market research…

Q: Think about it: do you think Big Data and Predictive Analytics, both examples of modern marketing…

A: Big Data is the term used to describe the enormous volume of organized and unstructured data…

Q: Is it possible that marketing technology like Big Data and Predictive Analytics would have worked…

A: The predictive analysis is forecasting about the future numbers, by analysing the past and the…

Q: Please think about the following: Think marketing tools like Big Data and Predictive Analytics would…

A: The process of generating, delivering, distributing, and communicating offerings that are valuable…

Q: 1.Assume that you are a Marketing Manager and your company wants you to deploy an efficient…

A: Marketing is a weapon to succeed in the market. A good marketing strategy is the only possible way…

Q: What are some of the drawbacks of Big Data advances from the perspective of consumers?

A: As the quantity, as well as gathering procedure, keep growing, so many enterprises are predicting…

Q: Think about this: Do you think Big Data and Predictive Analytics might have improved marketing…

A: Predictive analytics and big data may have benefited marketing strategy ten to fifteen years ago.…

Q: Keep the following in mind: Do you believe that, say, Big Data or Predictive Analytics, would have…

A: Marketing data refers to the collection and analysis of information related to consumers, markets,…

Q: How can market forecasting help businesses make informed decisions?

A: Concept Introduction :- Market forecasting is the process of predicting future market conditions…

Q: What are the benefits of having sales forecast for the company?

A: Sales forecast refers to the process where estimated revenue of the company is predicted by total…

Q: Why are BI products so crucial, and what is business intelligence's purpose?

A: Please find the answer below.     BUSINESS INTELLIGENCE :-  Business Intelligence (BI) is a…

Q: What exactly is meant by the term "Big Data"? What are the benefits of Big Data to competitors?

A: Big data refers to large, complex sets of data that cannot be easily analyzed using traditional data…

Q: What would you do as iTunes' database manager? Which musicians and movies will sell the most tickets…

A: A database is a data storage center where we may keep track of everything we need and query it as…

Q: Do you think marketing would have benefited from Big Data and Predictive Analytics, for instance, 10…

A: Yes, definitely, marketers used to create their marketing strategies and campaigns based on Big Data…

Q: Why is doing research on your target market importan

A: The target market is the group of the potential consumer for whom the company made the marketing…

Q: How do consumers struggle with huge data?

A: Consumers are individuals who purchase goods and services for personal use. They play a crucial role…

Q: As Digital Money is widely known and used by different business, how do you think these forces will…

A: Digital money can refer to the record or a balance stored in a distributed database over the…

Fundamentals of Big Data Analytics

Big data analytics is the process of using advanced analyzing techniques against huge variant data sets to uncover hidden pattern or knowledge. It helps in organization's decision making process. Big data can be organized in any of the following formats.