This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In about 100 words, explain what online businesses can learn from data mining (or analytical ... (Read 72 times)

rosent76

  • Hero Member
  • *****
  • Posts: 516
on: Jul 7, 2018
In about 100 words, explain what online businesses can learn from data mining (or analytical processing) activities.

Question 2

In a paragraph or two, present the basic ideas that underlie permission marketing.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jessofishing

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Jul 7, 2018
Answer to Question 1

Data mining (also called analytical processing) is a technique that examines stored information and looks for patterns in the data that are not yet known or suspected. In CRM, analysts might apply data mining techniques to the data warehouse and find that customers often buy two specific products at the same time. By offering both products together at a reduced price whenever a customer views either product page, the company could increase sales of both products

Answer to Question 2

The practice of sending e-mail messages to people who request information on a particular topic or about a specific product is known as opt-in e-mail and is part of a marketing strategy called permission marketing.


rosent76

  • Member
  • Posts: 516
Reply 2 on: Jul 7, 2018
Great answer, keep it coming :)

adammoses97

  • Member
  • Posts: 337
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

A health history is essential in collecting subjective data about metabolic acidosis. A health history is essential in collecting subjective data about metabolic acidosis.
A physician uses a portable electronic tablet to enter patient data while in the examination room. A physician uses a portable electronic tablet to enter patient data while in the examination room.
Confusing Lecture, Boring Lecture, Boring Notes, Confusing words Confusing Lecture, Boring Lecture, Boring Notes, Confusing words
Common Root Words and Combining Forms Cont. Common Root Words and Combining Forms Cont.
Chi-Square Analysis of Mendel's Data Chi-Square Analysis of Mendel's Data
Likelihood words grade 1 Likelihood words grade 1
Video: Osmosis - water transport

For a complete list of videos, visit our video library