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E-COMMERCE ANALYTICS#1

The process of collecting, analyzing, and interpreting data related to online sales and customer behavior to improve business performance.

DATA COLLECTION#2

The systematic gathering of information from various sources to inform analytics and drive decision-making.

CUSTOMER EXPERIENCE#3

The overall perception customers have of a brand based on their interactions across various touchpoints.

KEY PERFORMANCE INDICATORS (KPIs)#4

Quantifiable metrics used to evaluate the success of a business in achieving its objectives.

DATA VALIDATION#5

The process of ensuring that collected data is accurate, complete, and reliable for analysis.

USER PERSONAS#6

Fictional characters created based on data to represent different customer segments and their behaviors.

REPORTING#7

The process of summarizing and presenting data insights in a structured format for stakeholders.

DATA VISUALIZATION#8

The graphical representation of data to help communicate insights clearly and effectively.

ACTIONABLE INSIGHTS#9

Data-driven conclusions that can inform specific actions to improve business outcomes.

ANALYTICS FRAMEWORK#10

A structured approach to collecting and analyzing data, guiding the analytics process.

DATA INTEGRATION#11

Combining data from different sources to provide a unified view for analysis.

CUSTOMER RETENTION#12

Strategies aimed at keeping existing customers engaged and reducing churn rates.

TRACKING TOOLS#13

Software applications used to monitor user interactions and behaviors on e-commerce platforms.

A/B TESTING#14

A method of comparing two versions of a webpage or product to determine which performs better.

CROSS-CHANNEL ANALYTICS#15

Analyzing customer interactions across multiple channels to understand behavior and preferences.

DATA DRIVEN DECISION-MAKING#16

Using data analysis to guide business strategies and operational decisions.

CASE STUDIES#17

Real-world examples used to illustrate successful applications of analytics in e-commerce.

DASHBOARD#18

A visual display of key metrics and data points, providing a quick overview of performance.

CUSTOMER BEHAVIOR METRICS#19

Data points that reflect how customers interact with a brand, including purchase frequency and engagement.

ANALYTICS TOOLS#20

Software applications designed to facilitate data collection, analysis, and reporting.

DATA STRATEGY#21

A plan that outlines how to collect, analyze, and utilize data effectively within an organization.

OPTIMIZATION#22

The process of improving a system or process to enhance performance and achieve better results.

MACHINE LEARNING#23

A subset of AI that enables systems to learn from data and improve over time without human intervention.

DATA GOVERNANCE#24

The management of data availability, usability, integrity, and security in an organization.

SEGMENTATION#25

The process of dividing a customer base into distinct groups for targeted marketing and analysis.

PREDICTIVE ANALYTICS#26

Using statistical algorithms and machine learning techniques to identify future outcomes based on historical data.