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Business intelligence vs. predictive analytics: Turn key differences into advantages

1 to 1

Business intelligence and predictive analytics are often used interchangeably to describe tools and methods for utilizing data to make informed decisions. Uses of predictive analytics include workforce forecasting, sales forecasting, and brands’ suggestions for what customers may want to purchase next.

Data 26
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B2B Salespeople Need to Act More Like Travel Agents

Harvard Business

Having more information doesn’t always make it easier to decide. Because consumers, overwhelmed by information and inundated with choices, are again turning to travel agents to take the work out of travel planning. Think about the information you initially consulted and how that changed over time. Fast forward to today.

B2B 31
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Track Customer Attitudes to Predict Their Behaviors

Harvard Business

There’s a similar assumption underlying much of the discussion around how to measure the return on marketing investment, where it seems to be tacitly accepted that attitudinal insights are insufficient at senior decision-making levels, and behavioral insights represent today’s benchmarks. This is actually a cop-out.

Survey 28
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How One Company Made Its Analytics Investment Pay Off

Harvard Business

GFNorte recently established a Central Analytics Business Unit (ABU) with the mandate to convert information into profits at a rate of 10X cost and to lead the adoption of a customer-centric approach within the organization. The ABU’s mandate to translate information into profits required the alignment of multiple stakeholders.

Company 28
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6 ways to renew (and stick to!) your CX vows

1 to 1

Meanwhile quantitative research methods—including surveys, website analytics and CRM data—can provide broader stroke insights that inform a deeper understanding of customer preferences and receive feedback on your current CX. 3 questions to ask during this step: What metrics will you use to benchmark and improve the customer experience?

Metrics 26
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4 Ways to Improve Your Content Marketing

Harvard Business

Companies have hired writers and Chief Content Officers to run departments, create blogs and other materials, and, in the process, some have assured sales people that content marketing can mean the end of cold calling. Conversely, many sellers need to share lots of information with prospects to motivate desired buyer behavior.