The different ways for analytic of data of your content!
Analytic of data is an important thing and it should be done by the people in marketing. People spend a certain amount of time on it. It helps the visitor to get the exact idea of the content and becomes helpful in doing the next step for their growth. It helps to produce an insight into the next step of the company to produce a more suitable result. It helps to recommend the next step, solving issues and forecast the necessary action to be taken by the company. So, in this blog, I would tell you about a different kind of analytic which are extremely essential for the people in the marketing to take their company forward.
Most of the marketer of the industry end their search in the descriptive analytic which is wrong and should be avoided for the better performance of the company. Here are the different analytic which are used in the good marketing sector.
Descriptive analytics: it is the mining of the historical data in order to get an insight into the performance of the past and it should help you to know about the company’s performance in the past. It should not be used only as a story to write the content but help you find the next solution for better performance.
Predictive analytics: it involves the mining of the historical data to suggest the next expectation or predictions. It is an important way to predict next month performance by analyzing the last month’s performance. It is quite interesting and involves a certain amount of intimidations for the analyzer and it used to predict month after month performance of the company.
Prescriptive analytics: it is mining of the data sets so as to apply them in the business rules or machines learning which will be able to predict faster and which will help you to prescribe the next move of the company. It requires proper analysis of the two data otherwise it could hamper the company in the process of growth.