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Tactic #5: Analyze data from your models to see if they lead to new or different merchandising directions.
“Supplying more data and analyzing those data open up other possibilities: from identifying new cross-sell opportunities to uncovering the idea for a new specialty catalog for a certain customer subsegment,” Fiedler says. “It’s customer analysis using a combination of data mining and predictive modeling.”
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- Places:
- Lincoln, Mass.
Alicia Orr Suman
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