understanding of business helping business is
Posted: Mon Dec 23, 2024 6:44 am
At this step, you become a paying customer of the company. In the third step, the company needs to turn a one-time paying customer into a multiple-paying customer. This process is called repurchase. For example, a milk tea shop will give you a points card. You will stamp a stamp for each cup you drink. If you have enough cups, you will get a free cup. This is a strategy to increase repurchase. There are also some companies that do things that seem to have nothing to do with repurchase, but in fact they are still paving the way for repurchase.
For example, some Internet companies will pay attention iran phone number format to the user retention rate and use some free activities such as signing in to attract you to use them every day. When your retention is high, the possibility of repurchase increases. Some friends who like to play games will find that there are "daily tasks" in the game. You can receive some rewards by logging in every day. These are also done to increase repurchase. Therefore, the role of data analysis is to help the company continuously monitor the data performance of the three links of customer acquisition, conversion and repurchase, and help the company understand the current data.
This is what a junior data analyst does. You can play together in the comment area. The business is customer acquisition, conversion and repurchase. Intermediate data analysts need to help companies optimize their business. To be more specific, they can propose some improvement measures to improve the performance of business data or assist the market or operation department to monitor some of their marketing actions and quantify them into specific data to determine which operation strategy will be better. Let me give you an example. This is from one of our members to let everyone feel what it means to monitor business data performance.
For example, some Internet companies will pay attention iran phone number format to the user retention rate and use some free activities such as signing in to attract you to use them every day. When your retention is high, the possibility of repurchase increases. Some friends who like to play games will find that there are "daily tasks" in the game. You can receive some rewards by logging in every day. These are also done to increase repurchase. Therefore, the role of data analysis is to help the company continuously monitor the data performance of the three links of customer acquisition, conversion and repurchase, and help the company understand the current data.
This is what a junior data analyst does. You can play together in the comment area. The business is customer acquisition, conversion and repurchase. Intermediate data analysts need to help companies optimize their business. To be more specific, they can propose some improvement measures to improve the performance of business data or assist the market or operation department to monitor some of their marketing actions and quantify them into specific data to determine which operation strategy will be better. Let me give you an example. This is from one of our members to let everyone feel what it means to monitor business data performance.