DATABASE FUNDAMENTALS
BASICS OF BIG DATA
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
To decide what types of products it should make.
|
|
|
To decide where to open a new store.
|
|
|
To decide how much to charge for their products.
|
|
|
All of the above
|
Detailed explanation-1: -Which of the following are examples of how a company might use consumer data it had collected? To decide what types of products it should make. To decide where to open a new store. To decide how much to charge for their products.
Detailed explanation-2: -Businesses may collect consumer data and use it to power better customer experiences and marketing strategies. They may also sell this data for revenue.
Detailed explanation-3: -Simply put, customer data is the information you collect about your clients and leads. It can be something as basic as their name and email address or as detailed as behavioral or transactional information.
Detailed explanation-4: -Customer data is any information a business collects on its audience. It’s an essential component of any successful marketing strategy.