{"id":6781,"date":"2020-07-05T14:21:00","date_gmt":"2020-07-05T18:21:00","guid":{"rendered":"http:\/\/www.atyourbusiness.com\/blog\/?p=6781"},"modified":"2020-07-05T14:21:25","modified_gmt":"2020-07-05T18:21:25","slug":"using-data-4-must-know-data-analytics-applications","status":"publish","type":"post","link":"https:\/\/www.atyourbusiness.com\/blog\/using-data-4-must-know-data-analytics-applications\/","title":{"rendered":"Using Data: 4 Must-Know Data Analytics Applications"},"content":{"rendered":"\n<p>If you&#8217;re not using data analytics to strengthen your business, you&#8217;re doing it wrong.<\/p>\n\n\n\n<p>Data analytics is the process of examing, organizing, and drawing conclusions from datasets.&nbsp;<\/p>\n\n\n\n<p>No need to be a math major to get this figured out, there is helpful software that can analyze the data for you. If you&#8217;re working with a continuous collection of data or&nbsp;<a href=\"https:\/\/www.pcmag.com\/encyclopedia\/term\/complex-data-type\">complex data<\/a>, working with a data scientist may be helpful.&nbsp;<\/p>\n\n\n\n<p>How can data help your business? By understanding and breaking down trends, you can start to predict certain patterns.&nbsp;&nbsp;<\/p>\n\n\n\n<p>These data analytics applications are just a glimpse into what data can do for you.&nbsp;<\/p>\n\n\n\n\n\n<h2 class=\"wp-block-heading\">1. Data-Driven Decisions<\/h2>\n\n\n\n<p>Data analytics allow you to make confident decisions regarding your business.&nbsp;<\/p>\n\n\n\n<p>Whether you&#8217;re analyzing historical information or collecting data all your own, using data to drive your decisions is the most effective way to operate.&nbsp;<\/p>\n\n\n\n<p>Data helps take out the guesswork, and that&#8217;s critical when you have your livelihood on the line.&nbsp;Know that data is on your side when you&#8217;re creating new content or developing products.&nbsp;<\/p>\n\n\n\n<p>Overwhelmed by the thought of analyzing data?&nbsp;With data software like <a href=\"https:\/\/www.knowi.com\/solution\/embedded-analytics\">Knowi<\/a>, you&#8217;re able to build, analyze, and visualize data without being a data scientist!<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">2. Customer Customization&nbsp;<\/h2>\n\n\n\n<p>One of the coolest applications of data is learning more about your customer base.<\/p>\n\n\n\n<p>By collecting and analyzing data about their opinions and interests, you&#8217;re able to better tailor the experience to your customers.&nbsp;<\/p>\n\n\n\n<p>Good customer service is an essential part of any successful business. Use data analytics to build solid customer relationships and understand how to best communicate with your clients.&nbsp;<\/p>\n\n\n\n<p>A common example of customer service data analytics would be the surveys you can take at the end of phone calls!&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">3. Maximized Marketing<\/h2>\n\n\n\n<p>This goes hand in hand with better customer service. By knowing your client better, you can focus on your marketing.<\/p>\n\n\n\n<p>What does that mean? It means less money spent on marketing because you&#8217;re able to target efforts. You can also analyze how current marketing campaigns are working, and adjust as needed.&nbsp;<\/p>\n\n\n\n<p>Streamline your marketing process by having an enhanced perception of what your audience wants.&nbsp;<\/p>\n\n\n\n<p>Using data analytics for marketing purposes can help save you money, time, and effort.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">4. Balanced Budget<\/h2>\n\n\n\n<p>All of our previously mentioned data analytics applications help you save money, but did you know that you can use data as a tool to perfect your budget, too?<\/p>\n\n\n\n<p>Who doesn&#8217;t want more ways to save when running a business?<\/p>\n\n\n\n<p>Whether you&#8217;re a small scale company working on your annual budget, or a town trying to see where taxes are best spent, data can help point you in the right direction.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Data Analytics Applications Can Help You Succeed<\/h2>\n\n\n\n<p>There&#8217;s no doubt about it, these data analytics applications will get you far.&nbsp;<\/p>\n\n\n\n<p>Data is just begging to be collected. With data collection and analysis comes power, knowledge, and opportunity.&nbsp;<\/p>\n\n\n\n<p>The all-powerful data can help you run your business at optimal levels and take the nervewracking guesswork out of decision making. What can it do for you?<\/p>\n\n\n\n<p>If you&#8217;re interested in reading further articles like this, be sure to check out the rest of our website for more!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you&#8217;re not using data analytics to strengthen your business, you&#8217;re doing it wrong. Data analytics is the process of examing, organizing, and drawing conclusions from datasets.&nbsp; No need to be a math major to get this figured out, there is helpful software that can analyze the data for you. If you&#8217;re working with a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[46],"tags":[],"_links":{"self":[{"href":"https:\/\/www.atyourbusiness.com\/blog\/wp-json\/wp\/v2\/posts\/6781"}],"collection":[{"href":"https:\/\/www.atyourbusiness.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.atyourbusiness.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.atyourbusiness.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.atyourbusiness.com\/blog\/wp-json\/wp\/v2\/comments?post=6781"}],"version-history":[{"count":1,"href":"https:\/\/www.atyourbusiness.com\/blog\/wp-json\/wp\/v2\/posts\/6781\/revisions"}],"predecessor-version":[{"id":6783,"href":"https:\/\/www.atyourbusiness.com\/blog\/wp-json\/wp\/v2\/posts\/6781\/revisions\/6783"}],"wp:attachment":[{"href":"https:\/\/www.atyourbusiness.com\/blog\/wp-json\/wp\/v2\/media?parent=6781"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.atyourbusiness.com\/blog\/wp-json\/wp\/v2\/categories?post=6781"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.atyourbusiness.com\/blog\/wp-json\/wp\/v2\/tags?post=6781"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}