Zeta and The Power of Big Data Analytics
Zeta's Implementation of Big Data Analytics
Zeta is an American multinational retail corporation that has been striving to stay ahead of its competitors and increase revenue. In order to achieve these goals, Zeta decided to employ a system to determine which products to stock, at what prices, and how to effectively advertise to draw their target customers.
The Process of Big Data Analytics
Zeta utilized a process called big data analytics to analyze and make sense of the large volumes of data at their disposal. Big data analytics involves checking data to uncover market trends, consumer needs, and preferences. By leveraging big data analytics, Zeta was able to make informed business decisions that ultimately helped them improve their strategies and drive growth.
The term big data refers to the ever-increasing volume of data that is generated by various sources, including online transactions, social media interactions, and more. This abundance of data presents both opportunities and challenges for businesses, making it essential for them to harness the power of big data analytics to gain valuable insights and stay competitive in the market.
What is the process employed by Zeta to determine which products to stock, at what prices, and how to advertise to draw target customers? Zeta employed the process called big data analytics to achieve these objectives. Big data analytics involves checking data to analyze market trends, consumer needs, and preferences, enabling businesses to make informed decisions and improve their strategies.