
BOOKS - Augmenting Customer Retention Through Big Data Analytics

Augmenting Customer Retention Through Big Data Analytics
Author: Reena Malik, Ambuj Sharma, Prashant Chaudhary
Year: 2025
Pages: 351
Format: PDF
File size: 11.3 MB
Language: ENG

Year: 2025
Pages: 351
Format: PDF
File size: 11.3 MB
Language: ENG

Augmenting Customer Retention Through Big Data Analytics In today's fast-paced digital world, businesses have access to vast amounts of data about their customers. This data can be used to gain insights into customer behavior and preferences, allowing companies to tailor their marketing efforts and improve customer retention. One such approach is through big data analytics, which involves analyzing large datasets to identify patterns and trends that can inform business decisions. In this article, we will explore how big data analytics can be used to augment customer retention and create a more personalized experience for customers. The Evolution of Technology To understand the importance of big data analytics in customer retention, it's essential to study the evolution of technology. Over the past few decades, technology has advanced at an incredible pace, transforming the way we live, work, and communicate. The rise of the internet, social media, and mobile devices has created new opportunities for businesses to connect with their customers. However, this increased connectivity has also led to a deluge of data, making it challenging for companies to keep up with the sheer volume of information. The Need for Personal Paradigms As technology continues to evolve, it's crucial for businesses to develop a personal paradigm for perceiving the technological process of developing modern knowledge. This means recognizing the need to adapt to changing customer needs and preferences and using data-driven insights to inform decision-making. By doing so, companies can ensure they remain relevant and competitive in an ever-changing marketplace. The Possibility of Developing a Personal Paradigm One of the primary benefits of big data analytics is its ability to provide a comprehensive view of customer behavior.
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