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Preserving Data Quality is Critical for Leveraging Analytics with Amazon PPC

Smart Data Collective

Amazon is without a doubt the largest retailer in the world. Companies that utilize data analytics to make the most of their business model will have an easier time succeeding with Amazon. Companies with an in-depth understanding of data analytics will have more successful Amazon PPC marketing strategies.

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Building a Strong Data Retention Framework for Retail Operations

Dataversity

While master data might change less frequently than transactional data, implementing data governance practices and defining data retention policy is crucial to maintaining […] The post Building a Strong Data Retention Framework for Retail Operations appeared first on DATAVERSITY.

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What are the Challenges of Applying Machine Learning in Economics and Business?

Analysts Corner

This section explores four main challenges: data quality, interpretability, generalizability, and ethical considerations, and discusses strategies for addressing each issue. Models built on pre-crisis data may become inaccurate, as historical relationships between features and outcomes change.

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Transforming Business Analysis With Big Data: A Decision-Maker’s Guide

Analysts Corner

The process of descriptive analysis [own elaboration] For example, a business analyst working in retail uses descriptive analytics to analyze sales data from the past year. By examining the data, the analyst identifies peak sales periods, popular products, and customer demographics.

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Crucial Advantages of Investing in Big Data Management Solutions

Smart Data Collective

Big data analytics can also help you identify trends in your industry and predict future sales. For example, if you’re a retailer and you notice that your competitor is selling more products than usual on a particular day, then you may want to increase your inventory so that you don’t miss out on any potential sales.

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What Tools Do You Need To Manage Unstructured Data?

Smart Data Collective

Experts continue to raise concerns about how and if businesses are making use of unstructured data, but in addition to actively sharing that information, until access to machine learning protocols is more widespread, the ability to effectively utilize this information and derive insights will be compromised.

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Domo Announces New Omnichannel Optimization Solutions For Retailers

Domo

SILICON SLOPES, Utah – Today Domo (Nasdaq: DOMO) announced the availability of a new suite of Domo features and tools in the Shopify app store designed to revolutionize the way retailers run their business.

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