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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.