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Methodological Aspects and Case Studies of Business Intelligence Application Tools in Knowledge Management as Corporation’s Strategy Development

By using Business Intelligence (BI) as a competitive advantage, financial services could manage the data quickly and provide advisory analysis with predictions. This will create more understanding for the customer and motivate them to fulfill their needs. In addition, it will help to ensure that financial institutions do not lose any valuable information or data that is important to their business. In this competitive market age, financial sectors must have strategies to survive. The way a Financial Institution in analysing the fraud, risk and customer behavior are very critical. Business Intelligence (BI) has been used for a years in order to help a company to solve this kind of problems, because Business Intelligence (BI) can handle huge amount of data for the comprehensive analysis.

How to analyse qualitative data

When we conduct research, we use qualitative data to understand people's opinions and experiences or to determine whether or not a product or service is meeting customer needs. In the digital world, we're lucky to have a wealth of qualitative data to work with. But how do you sort through this information and retrieve the details that matter most?

PROPENSITY TO PURCHASE

One tool marketers can use to overcome that challenge and drive greater personalization and better business outcomes is propensity modelling (Propensity to Purchase).

The process of finding potential customers & notes not to be missed

At a large-scale level, personal brokers are marketing to people who are not sure what they want out of life yet. When we’re talking about business, however, it is much easier to find customers because businesses have higher budgets and more ways in which to reach them. Although businesses and individuals have different goals, they both need customers. The difference is that personal brokers can only rely on word of mouth whereas businesses have a wider range of tools at their disposal.

Manipulation tactics: how brands can get more customers

The customers are not willing to buy goods based on their benefits, then how could we make them? An effective way is psychological manipulation. Psychological manipulation of customers allows businesses to create certain feelings and emotions in the customer's mind so they can purchase goods more easily. Psychological manipulation tricks can also be used in marketing strategies to attract more attention to your product or service.

Do not reduce price, increase value to customers

What is the Best Digital Marketing Strategy for Startups

Digital marketing is a digital form of marketing which can be conducted using the internet, social media platforms and mobile devices. Digital marketing encompasses a wide range of marketing methods and techniques but broadly speaking falls into two categories content marketing and social media marketing.

The influence of performance management for both huge and diversified organizations.

If you want employees to feel happy and motivated, managers who know how to coach, mentor team members, and build a corporate culture that focuses on cultivating and developing talent, then performance management is required. Managers who use a performance management system can provide accurate feedback to employees about their strengths and weaknesses in the areas of leadership, teamwork and problem solving to facilitate coaching from peers. Employees will have more confidence with the knowledge that their manager is looking out for them. It may even make the employee feel that it's not about her or him but about the company as a whole instead of an employee being evaluated primarily for herself or himself.

How Does Artificial Intelligence Affect the Retail Industry?