The benefits of Big data marketing Flashcards

1
Q

Big data refers to information ever increasing

  • v__
  • v__
  • v__
  • v__
  • c__
A

Big data refers to information ever increasing

  • volume
  • velocity
  • variety
  • variability
  • complexity
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2
Q

It is estimated that __% of all data in use today have been accumulated within the last two years

A

It is estimated that 90% of all data in use today have been accumulated within the last two years

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3
Q

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___
A

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
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4
Q

__ billion people create __ zetabytes of data

A

3 billion people create 8 zetabytes of data

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5
Q

__ increase in mrk analytics in next 3 years

A

60% increase in mrk analytics in next 3 years

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6
Q

Big data challenges:

  • C
  • C
  • S
  • S
  • S
  • T
  • A
  • V
A

Big data challenges:

  • Capture
  • Curation
  • Storage
  • Search
  • Sharing
  • Transfer
  • Analysis
  • Visualization
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7
Q

__% of survey respondents believe making more accurate decisions is a benefit of basing those decisions on data

A

58% of survey respondents believe making more accurate decisions is a benefit of basing those decisions on data

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8
Q

__% of mrketers say that mrk and IT are not strat partners in their comapany

A

50% of mrketers say that mrk and IT are not strat partners in their comapany

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9
Q

__% of mrketers gave their department a grade c or lower for using data to drive marketing

A

40% of mrketers gave their department a grade c or lower for using data to drive marketing

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10
Q

__% of mrketers plan to implement a big data analytics solution in the next two years

A

71% of mrketers plan to implement a big data analytics solution in the next two years

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11
Q

less than __% of companies use the data they have in a systematic way

A

less than 10% of companies use the data they have in a systematic way

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12
Q

Value of Big Data market:
2013:
2017:

A

Value of Big Data market:

2013: 18.1
2017: 47

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13
Q

Data used to drive MRK:
__% demographic
38% ___

A

Data used to drive MRK:
73% demographic
38% transactional data

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