IS BUSINESS ANALYTICS IMPORTANT?
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Analytics refers to a process to analyse behavioural data! To analyse something is to examine (something) methodically AND in detail – typically in order to explain and interpret it. It recommends actions and guides decision making!
WHY DO BUSINESSES NEED ANALYTICS?
THIS data also helps you gain valuable knowledge.
1. It helps with the gaining of profits, as you now know who your target market is!
2. It leads to a better use of resources because you advertise to the right clients!
3. It helps to find information that is powerful to bring change!
4. It helps the business to keep up with the changes in their audience!
Analytics is one of the most important research factors in today’s businesses. With social media as the marketing medium there is no better way to gain the needed information to make a success of your business!!
ANALYTICS IS KNOWLEDGE AND KNOWLEDGE IS POWER….