Big data is what allows ecommerce companies to make highly focused recommendations for their customers and craft customized marketing campaigns.
- [Instructor] In an ideal world, … this is how your customers are going to feel … every single time they connect with you. … They'll be in a state of constant delight. … Well, that's the goal, … and there's a few ways that you can go about … trying to understand … how you can constantly delight your customers. … You can look at things like what did they buy previously. … What's their history with your organization? … Or maybe what market segment are they in? … So you can look at what other people … who were similar to them in some ways … have done previously. … Use that as a stand-in for their own behavior. … Or maybe you can do something like … what have they searched for online, … even when they weren't exactly in your own e-commerce sight. … Well, remember, … when you put together these profiles … and you're trying to identify … what a person is likely to buy, … you need to be concerned … about the accuracy of your predictions. … So you need to look at things like sensitivity. … If they're likely to respond to an ad and buy something, …
Author
Released
9/19/2019- Identify the components that make up big data.
- Examine how big data has grown over the last few years.
- Explain the importance of using big data in business organizations.
- Distinguish between knowledge requirements for using big data and for understanding data science.
- Justify the need for training on big data within an organization.
- Analyze the factors that go into utilizing big data on a project.
- Differentiate outcomes that are derived from big data from outcomes that are derived from observing behaviors.
Skill Level Beginner
Duration
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1. Defining Big Data
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Anomaly detection3m 59s
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Conclusion
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Video: Big data for customer interactions