#analytics in ecommerce

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What is Data Analysis and its Methodologies?

What is Data Analysis and its Methodologies?

Data Analysis is the process of inspecting, rearranging, modifying and transforming data to extract useful information from it.

Maintaining the integrity of the data is crucial for a data analyst to procure accurate and appropriate analysis. A credible data analyst should have the skills to analyse the statistics of the data and turns the data into actionable insights. Improper analysis always…

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What is Data Analysis and its Methodologies?

What is Data Analysis and its Methodologies?

Data Analysis is the process of inspecting, rearranging, modifying and transforming data to extract useful information from it.

Maintaining the integrity of the data is crucial for a data analyst to procure accurate and appropriate analysis. A credible data analyst should have the skills to analyse the statistics of the data and turns the data into actionable insights. Improper analysis always…

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What is Qualitative Data Analysis ?

What is Qualitative Data Analysis ?

WHAT IS QUALITATIVE DATA?

It is also known as, descriptive data, these types of data comprises non-numerical values that mostly consists of concepts and opinions. Interviews with customers, audio/video recordings, notes etc. are some of the few examples of qualitative data.

WHAT IS A QUALITATIVE DATA ANALYSIS?

In Qualitative Data Analysis, the analyst examines the data and concludes an…

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What is Quantitative Data Analysis ?

What is Quantitative Data Analysis ?

In this process, analysts use their rational and critical thinking to turn raw numbers into meaningful data. In quantitative analysis, analysts calculate the frequency of variables and differences between variables to support or reject hypotheses. Most of the hypotheses include researches and findings one conducted at the early stages of the research process. Analysing quantitative data also…

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[imprthings]

What is Data Analysis and its Methodologies?

What is Data Analysis and its Methodologies?

Data Analysis is the process of inspecting, rearranging, modifying and transforming data to extract useful information from it.

Maintaining the integrity of the data is crucial for a data analyst to procure accurate and appropriate analysis. A credible data analyst should have the skills to analyse the statistics of the data and turns the data into actionable insights. Improper analysis always…

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What Is The Role Of Analytics In Ecommerce Industry?

What Is The Role Of Analytics In Ecommerce Industry?

The ecommerce industry has been growing exponentially for the past five years and it is expected that a huge part of the global market will move onto the internet by the end of 2020. In the year 2014, the global net ecommerce sales was worth a value of about 1.3 trillion US dollars and that reached a peak of 2.3 trillion in 2017. The projected value of the same in 2018 is about 2.8 trillion US…

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WHAT ARE THE FUNCTIONS OF ANALYTICS IN THE ECOMMERCE INDUSTRY ?

WHAT ARE THE FUNCTIONS OF ANALYTICS IN THE ECOMMERCE INDUSTRY ?

This list of functions that are carried out by analytics in the ecommerce industry is in no way complete, but these are the main roles of analytics:

  Managing the data of end-to-end product transfer from the warehouse to the customer falls under this category. Statistics, mathematics, machine-learning, and predictive modelling is used in finding patterns and gaining knowledge about order,…

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How to overcome Errors in Data Analysis

How to overcome Errors in Data Analysis

Data entry tasks tend to be low on the totem pole regarding business operational priorities. However, data entry is still one of the most critical day-to-day operations for companies across the industry. Everything from customer and sales data to financial information relies heavily on data entry, meaning a single error can have huge ramifications for your company.

Fortunately, there are many…

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