There is no single way in analyzing and interpreting data. But, there is one secret that will key it manageable, and that is with ‘perfect information‘ in mind. In the presence of perfect information, there is for analyzing and interpreting data, nor for analytics. In fact, the whole aim of analytics, with all its methods, models, algorithms, and statistics, is to get as close to perfect information as possible (or,
What kind of analytics are people willing to pay for? That’s a fair question – it shows, perhaps, where there is greatest need and where one might successfully start up a business. Let’s answer that question with a little analytics ourselves by creating a customer analytics dashboard. How to Create Customer Analytics Dashboard First, we need a data set. Where might we find data on the kinds of analytics people
Pricing analytics can help set up effective problem-solving parameters in business. Pricing Analytics Guide Done right, the first step to doing good pricing analytics has nothing to do with math or calculations or equations – these come later. Understanding the problem The first step in pricing analytics is taking time to understand the problem that is to be solved, who it’s being solved for, and what the context of the
