About
In this Unit, learners will study the following key areas: 1. Customer Analytics: Learn how to gather and analyze customer data to gain insights into behaviors, preferences, and trends for improved decision-making. 2. Customer Segmentation: Explore methods for dividing customers into distinct groups based on shared characteristics, enabling personalized marketing strategies. 3. Customer Value Management (CVM): Understand how to maximize the lifetime value of customers through targeted acquisition, retention, and relationship-building strategies. 4. Cluster Analysis: Study how to use statistical techniques, like K-means and hierarchical clustering, to group customers for more refined marketing approaches. 5. Practical Applications: Engage with case studies and real-world examples of customer segmentation and value management in various industries to understand their business impact.
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