Through the lens of data analysis, brands can begin to predict who will churn, why and when. But traditional analytics cannot paint a complete picture of consumer behavior because it's not able to leverage the full array and volume of data that has now become available. With Big Data 2.0 Analytics, brands can now tap into a wider variety of data, process inputs with remarkable speed and accuracy, and deliver real-time personalized recommendations for each customer at the most granular level.
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2. consumers have become more vocal about their choices and
preferences than ever before
3. Online, on mobile devices, and in the social sphere, they
broadcast their likes and dislikes with great clarity
4. But the brands that serve them often fail to hear them until it’s
too late
5. Historic analysis of consumer behavior is a poor predictor of
what the consumer will do today
6. In this very moment, millions of consumers contemplate their allegiances and
consider making the switch to a rival brand
7. the cost of acquiring a new customer far outweighs the cost of
keeping one
8. to safeguard customer loyalty and stem churn, organizations must learn to
monitor the vital signs of consumer sentiment in real time
9. To evolve from explanation to prediction and beyond - toward analytic insights that
prompt personal, timely actions that drive customer value and delight.
10. It’s no secret that data holds the key yet what most organizations think of as
data sources is only the tip of the iceberg
11. The last several years have seen an explosive growth not only in
the size of data but also in the sheer variety of available data
12. The heartbeat of consumer sentiment resonates across call center records,
machine log files, social media posts, email, and web clickstream data
13. Through the lens of data analysis, brands can begin to predict
who will churn, why and when
14. Traditional analytics cannot paint a complete picture of consumer behavior
because it’s not able to leverage the full array and volume of data that has
now become available
15. With Big Data 2.0 Analytics, brands can now tap into a wider
variety of data,