Can Data increase sales and customers?
Data is a precious asset for any organisation in any sector. The answer is a big a YESS!! Today companies are investing a lot in data analysis because they have realised that how data can change the functionality of a traditional business. Data analysis is becoming the most popular field in today's IT sector because the analysis and reports are being used by organisations to identify the loop-hole in their running business and grow exponentially in this fast paced environment as every organisation know that only fittest will survive.
Data analysis effect on Customer
Data analysis makes the organisation aware about the loop-hole in their system. Taking e-commerce reports into account, organisations came to know that analysing customer review of a particular product made them realise that what is the customer experience from a particular product. E-commerce field also made analysis about the customer's choice for search and the recently purchased items, then they came to know that what must be displayed on pages according to the recent search done by customer. Doing this attracted customers on their portal.
Data analysis effect on Sales
When data analysis attracted customers it already helped organisations boost sales but this was not the end. Organisations went ahead and did data analysis on their sales reports of last 5-10 years, then they came across the concept of special offers on particular days. These days are not the random days, they are those days on which the profit earned by the company was less according to the data analysis. So every e-commerce organisations keeps their stock clearing sale on those days where they find that, in past years they have earned less on those days.This makes the organisations sales grow with the help of data analysis.
Expectation from future!!
This field of data analysis will grow a lot and will help the organisations to earn more profits by bringing lot of customers and sales in their account. We at TRILLIT, are enable with the tools and technique to make quality data analysis and generate reports which help organisations grow exponentially. Our team is enabled with the modern techniques of analysis and have generated reports for our clients who have always rewarded a lot for our extreme efforts.
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