Page 156 - Microsoft Word - 00 BA3 IW Prelims STUDENT.docx
P. 156
Chapter 10
Big data
2.1 Big data
Big data allows businesses to expand their knowledge of their customers and
develop products/ services that are best suited to their needs.
Big data gives businesses a deeper understanding of how their customers
behave, allowing them to connect with customers on a more meaningful level.
Big data can help boost marketing activities, since it provides businesses with a
chance to analyse customer behaviour on multiple channels and understand
when the customer is most likely to buy products/ services.
150