Latest Blog - BI

  • Industry : Business Intelligence
  • Timeline : Oct 22, 2019
  • Writer : Arpatech Website

How Business Intelligence Can Improve Ecommerce Business

What is Business Intelligence?

Business Intelligence (BI) software is software that collects, evaluates, and presents business information and big data.

 

BI Leads to Sales

The information acquired from BI can help your organization cut costs and enforce more effective processes, leading to higher sales.

 

BI Improves Decision Making

Research suggests that decisions made by using data, rather than instinct, make the chances of success 80% greater.

 

Marketing & BI

Business intelligence reveals what marketing campaigns and advertisements worked the best, letting you focus time and resources on marketing campaigns that increase sales.

 

BI and Customer Retention

According to verifiable research evidence, a new customer is six to seven times costlier than retaining an existing customer. Business intelligence software can tell you why some of your customers are ditching you and others continue to buy from your company.

 

https://www.youtube.com/watch?v=47waNtED8oc&feature=youtu.be

More Articles by Arpatech

Design

design for business
logo design
problem-solving web design
ui/ux
product design

Art

motion design
branding
illustration
icons
logo design

AI

machine learning
deep learning
theory of mind
expert system

Development

web development
app development
software development

Apps

app design
usability
mobile app
animations