Analytic Partners’ Post

Over my career I’ve seen all kinds of data challenges - every company has them! Since I’ve joined AP, I’ve loved learning how we turn a challenge into an opportunity, allowing us to make a real difference faster. #dataanalytics #roi #commercialanalytics #marketing

Nothing’s better than seeing our customers succeed 🏆 Commercial Analytics helped one global fashion retailer streamline data collection and gain trust in the insights – get the full story here: https://lnkd.in/eAq3sicf  #marketing #commercialanalytics #dataanalytics #ROI

How much are scattered data and delayed insights really costing your brand? For one global retailer, accelerating insights not only allowed for more effective decision-making and improved trust and ownership – it also uncovered $30M in potential revenue. Read the full story here: https://lnkd.in/eNAy9hT3 #marketing #commercialanalytics #dataanalytics #ROI

Just like you might use a Creative or Marketing Agency to draw on their experience across the many brands they work with, a Data Agency is very similar. The best Data Agencies will not only build your data warehouse but also give you perspective on how the best data-driven brands operate. You should leverage your Data Agency to provide the following: 1️⃣ - What good Governance looks like with data but aligning around definitions and sources 2️⃣ - What a good tech stack looks like along with the Pros and Cons of each platform you use to run your business 3️⃣ - Data insights into how your business is performing and what the data is providing I love working on #3 because I've found this is where the real value is driven. Helping brands confirm their hypotheses via data and then partnering with them on strategies that can address those challenges. One of best examples? Partnering with an Apparel brand to rework their new product launch process to track MSRP, discount and markdowns to minimize end of season inventory. Our role was to make sure the team had the right data at the right time to make timely decisions on how to change pricing. Learn more about what the Daasity Agency can do for you:

Zero intention to hurt any feelings, but your data is probably not connected. Most brands misunderstand what ‘connected data’ is. To change that, we’re unpacking: ✅ What connected data means and why it’s critical ✅ Undeniable benefits of integrating data sources ✅ How to overcome common challenges on your journey to data unity ✅ Steps you can take TODAY to start leveraging connected data https://lnkd.in/gUzxhtEm

📢📈 How can you tell a story with your #data? 📊 Data-driven decision making is about more than collecting survey information or analyzing test results from a new product launch. It’s also about placing a high importance on the collection of data, using it effectively and insightfully, and then taking that information and using it to make better decisions. 🚀 Studies show that businesses who have embraced a data driven culture are more financially successful, stay ahead of the competition, and remain on the cutting edge for disruptive innovation. 🗃️ However, keep in mind that using too much data or the wrong data is a common problem.  🔗 Read more about how you can best implement data-decision making into your business model here: https://lnkd.in/e2BZv2EX #DataAnalytics #DecisionMaking #BusinessStrategy

🚀 Check out our CEO Ben Nicklen's latest article on Elevating the Channel with Data-Driven Decisions! In times of economic uncertainty, data-driven decision-making is key for channel businesses. Predict market changes, understand customer needs, and navigate shifts with precision. While some leverage big data analytics, many in the channel haven't fully seized the opportunity. Ben emphasises the importance of allocating resources to adopt future technologies, not just maximising profits from existing strategies, in his interview with ITPRO. Read the full article here: https://lnkd.in/eXHpAp6r #datadriven #channelstrategy #businessresilience

Curious about the impact of user-facing analytics on business growth? 💼 📈 💡 Facts and figures: 1. Data-driven organizations are 23 times more likely to acquire customers, 6 times more likely to retain customers, and 19 times more likely to be profitable (Mckinsey Global Institute) 2. 81% of organizations also agree that data should be at the heart of all business decision-making. (EY) 3. Companies that are monitoring data, according to 69%, make better strategic decisions, and 52% stated that they have a better understanding of their customers. (BARC research) 4. 62% of retailers (and 63% of cross-industry respondents) have stated that information and data analytics give them a competitive advantage. (IBM) 5. A 10% increase in data usability could increase the average Fortune 1000 company’s revenue by over $2 billion (University of Texas, Austin) Join us as we explore how data analytics is transforming businesses and empowering customers and partners. 👉 https://lnkd.in/gQ9vg9mD

Dive into Big Data in 2023 to Unleash Your Business Potential! Big Data, the vast sea of information collected from various sources, holds immense potential for businesses. It enables informed decision-making, enhances operational efficiency, aids in brand development, delivers superior customer service, and tailors marketing strategies. Explore how you can efficiently harness the power of Big Data for your business in 2023. 🚀 #BigData #BigData2023 #BusinessGrowth #DataAnalytics #BusienssIntelligence