How does predictive analytics benefit CRM? Give examples of predictive analytics models used in CRM for sales forecasting or customer churn prediction.

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A: A memo letter formally known as 'memorandum' is a business letter which is used as a channel or…

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A: CRM stands for Customer Relations Management. Every marketer aim to creates better customers…

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A: Please find the answer below.CUSTOMER SERVICE :- Customer service involves businesses providing…

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A: When the input cost increases the overall cost of the product will increase and now the supplier…

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A: Data modeling is a critical component of data warehousing. It aids in organizing and structuring…

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A: Disclaimer: Since you have asked multiple question, so we will solve the first question for you. If…

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A: Please find the answer below.CUSTOMER SUPPORT :- Customer support is the comprehensive service…

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A: The collecting, storage, and organising of enormous volumes of data from numerous sources within an…

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A: Opting for public relations (PR) and publicity as your main promotion strategy for a retail business…

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A: A strategic marketing tactic known as customer segmentation includes breaking a company's client…

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A: Please find the answer below.STRATEGIC PLAN:The process by which an organization determines its…

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A: Please find the answer below.ORGANISATION: An organisation is a group of people who cooperate, such…

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A: In predictive analytics which is part of data analytics customers historical data, machine learning…

Q: omer Relationship Management (CRM), and why i

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A: Please find the answer below.MANAGEMENT INFORMATION SYSTEM:An information system used for…

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A: Please find the answer below.MARKETING: Marketing describes the actions a business does to encourage…

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A: The process of creating a blueprint for a data warehouse or data lake is known as data modelling. It…

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.