Practice Marketing Analytics - 18.2.1 | 18. Data Science for Business and Decision- Making | Data Science Advance
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Marketing Analytics

18.2.1 - Marketing Analytics

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Practice Questions

Test your understanding with targeted questions

Question 1 Easy

What is customer segmentation?

💡 Hint: Think about how businesses categorize their customers.

Question 2 Easy

What does A/B Testing involve?

💡 Hint: Consider it like a simple experiment in marketing.

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What does A/B testing help businesses achieve?

Identify customer segments
Optimize marketing campaigns
Predict customer churn

💡 Hint: Think about improving marketing effectiveness.

Question 2

True or False: Customer Lifetime Value is an important metric for understanding customer profitability.

True
False

💡 Hint: Consider the long-term view of customer relationships.

2 more questions available

Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

A clothing retailer wants to improve its marketing strategy. Design a segmentation model using demographic and behavioral data. Explain how this model could be implemented practically.

💡 Hint: Think about the data sources and what each segment might prefer.

Challenge 2 Hard

Create a detailed report on how a company can use churn prediction models to improve customer retention rates. Include suggested metrics and strategies.

💡 Hint: Consider what has been discussed about customer behaviors and responses.

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