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Discuss how an organization of your choice could benefit from using data analysis.

Discuss how an organization of your choice could benefit from using data analysis.

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Answer #1

An e commerce organization can use data analysis by targeting a particular set of customers with a particular range of product.

Suppose the e commerce knows my age that I am an young customer so it can advertise some specific products which are used by this age group like a ps4, which an old person won't buy generally so it can determine the particular set of customers for it's product from it's range of product. It can also analysis my search history to give better product advertisment.

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Similarly an online streaming platform can use my watch movies to recommend me some new movies or show by analysing my data

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