The benefits of Big data marketing Flashcards
Big data refers to information ever increasing
- v__
- v__
- v__
- v__
- c__
Big data refers to information ever increasing
- volume
- velocity
- variety
- variability
- complexity
It is estimated that __% of all data in use today have been accumulated within the last two years
It is estimated that 90% of all data in use today have been accumulated within the last two years
Big data is associated with storing and analyzing huge data sets to support a superior level of decision-making that drives the following:
- A___
- T___
- c___
- R___
Big data is associated with storing and analyzing huge data sets to support a superior level of decision-making that drives the following:
- Accuracy
- Time management
- Customer segmentation
- Real time mrk
__ billion people create __ zetabytes of data
3 billion people create 8 zetabytes of data
__ increase in mrk analytics in next 3 years
60% increase in mrk analytics in next 3 years
Big data challenges:
- C
- C
- S
- S
- S
- T
- A
- V
Big data challenges:
- Capture
- Curation
- Storage
- Search
- Sharing
- Transfer
- Analysis
- Visualization
__% of survey respondents believe making more accurate decisions is a benefit of basing those decisions on data
58% of survey respondents believe making more accurate decisions is a benefit of basing those decisions on data
__% of mrketers say that mrk and IT are not strat partners in their comapany
50% of mrketers say that mrk and IT are not strat partners in their comapany
__% of mrketers gave their department a grade c or lower for using data to drive marketing
40% of mrketers gave their department a grade c or lower for using data to drive marketing
__% of mrketers plan to implement a big data analytics solution in the next two years
71% of mrketers plan to implement a big data analytics solution in the next two years
less than __% of companies use the data they have in a systematic way
less than 10% of companies use the data they have in a systematic way
Value of Big Data market:
2013:
2017:
Value of Big Data market:
2013: 18.1
2017: 47
Data used to drive MRK:
__% demographic
38% ___
Data used to drive MRK:
73% demographic
38% transactional data