Big Data Flashcards

1
Q

Anagram =

A

WALSE

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2
Q

W =

A
What is it?
Data rich in Velocity, Variety, Volume
Facts:
- More data since NYE 2013 than history previously
- 90% of data created in last 2 years
Consumer Data Research Centre
- Provides data for research purposes
- Data from: financial services, retail, social networks, phones
 - Data for: Crime, Health, Marketing
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3
Q

A =

A

Aim in Retail Geography=
To create groups large enough to be useful, but distinct enough to target
- Likert
- Semantic Differential Procedures

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4
Q

L =

A
Loyalty Cards
- Seasonality (Newing et al., 2016)
- e.g. Tesco Clubcard
Create profile for 45,000 products, see what people whol buy one product also by 
Led to creation of Tesco finest range
Can see geographical patterns emerge
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5
Q

S =

A

Smart Steps
We Leave a digital footprint
-90% of smartphone users never more than 1m away from phone
SS creates grid of the UK that shows footfall every hours
Powerful Catchment Analysis
- Can find key customer postcodes - targets for next loyalty campaigns
- Shows strong transport links (e.g. Virgin East Coast Trains)
- Can see time people visit your stores
- Good for multipurpose trips

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6
Q

E =

A

Ethical Issues

  • Security - Hackers
  • Anonymisation - hard to achieve
  • Do people realise they’re giving this data (Malleson and Birkin, 2013)
  • Use of the data - personal use, research use etc
  • People making money out of personal data
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7
Q

Newing, (2013)

A

Loyalty Cards show seasonal shifts in demand

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8
Q

Malleson and Birkin (2013)

A

Are people aware they are providing this data - Ethical Issue

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