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Savvy Entrepreneurs Use Data Mining To Look Forward

Startup Professionals Musings

Here are ten examples to get your creative juices flowing: Targeted direct marketing. Predictive advertisement targeting. Without predictive targeting, a retention campaign may cost more than it gains. New one-time customers may be incented to return. Movie recommendations. Clinical decision support systems.

Analytics 257
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10 Startup Prospects That Multiply If You Look Ahead

Startup Professionals Musings

Here are ten examples to get your creative juices flowing: Targeted direct marketing. Predictive advertisement targeting. Without predictive targeting, a retention campaign may cost more than it gains. New one-time customers may be incented to return. Movie recommendations. Clinical decision support systems.

Analytics 248
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Predictive Analytics is a Goldmine for Startups

Startup Professionals Musings

Here are ten examples to get your creative juices flowing: Targeted direct marketing. Predictive advertisement targeting. Without predictive targeting, a retention campaign may cost more than it gains. New one-time customers may be incented to return. Movie recommendations. Clinical decision support systems.

Analytics 246
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13 Of The Biggest Mistakes Entrepreneurs Make (That May Not Seem Like Mistakes At All)

YoungUpstarts

Sometimes that sabotage might cost you ‘only’ a customer or a sale… but over time, a few customers here and a few dollars there can lead to your closing your doors forever. At RME, we actually used marketing risk as a competitive edge. Holding resources in reserve. Putting it all on the line is a frightening prospect.

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10 Areas Where You Can Win With Predictive Analytics

Startup Professionals Musings

Here are ten examples to get your creative juices flowing: Targeted direct marketing. Predictive advertisement targeting. Without predictive targeting, a retention campaign may cost more than it gains. New one-time customers may be incented to return. Movie recommendations. Clinical decision support systems.

Analytics 177
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Always Right: Five Risks You Must Take With Your Customers

YoungUpstarts

And then, of course, other business owners stay aloof from customers for a different, more instinctual reason: In a digital age dominated by email and computer screens, they simply don’t know how to interact with customers face-to-face and avoid doing so at all costs. That’s where word-of-mouth advertising begins.

Customer 170
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From Loyalty Programs To Fan Clubs, A Paradigm Shift

YoungUpstarts

CRM became more sophisticated, resulting in detailed monthly statements and targeted direct marketing. I wanted to find a way to vastly simplify loyalty programs, eliminating most if not all of the costs and making them much lighter to deploy and manage. A new paradigm. Early results are exciting.