increase profit with data analysis
If you can't read please download the document
TRANSCRIPT
Data Analysis
Profiting from the data you already have...
In this presentation:
Your business
The System you (may) already have
Why do you need a system for Data Analysis?
What do you need to get one?
Who knows the most about your business?
You.
Do you know:>Which of your customers is about to leave you?
>Which ones are more likely to buy more?
>Which suppliers should you replace?
>If your customers realize how good your services are? All the time?
Do You Have a System?
Most likely it's a Transaction System
1. Designed for data entry
2. Implemented most of your business rules
3. Reports useful for operational purposes
4. Not designed to produce reports that are useful for growth
What does your business try to tell you...
>> If you are not happy with your reports, it means your system needs help to keep up with you
Introducing the Other System
Records and measures the pulse of your business
Aids business owners and operators with decision-making
Send alerts when things need attention
Process and Present numbers in human-readable formats
Why Do I need Two Systems?
>> One to run your businessThe other, to help you grow it
How Do I get the other system?
Document your processes
Separate your business rules:operational business (shipping address is required)
growth and profit (is this customer a keeper or not?)
Planning for Data Analysis
Data Consolidation
Data Assembly
Data Cleansing
Data Monitoring
Data Analysis In Action
Data Analysis In Action
What you get out of it (1/3):
Dashboards (not just for owners, but custom-tailored for each key positions in the company
What you get out of it (3/3):
Just-in-Time alerts and notifications that are driven by your business rules, not some software vendor's guesses
What you get out of it (3/3):
Answers to your most pressing business questionsPredictive Analysis
Correlation Analysis
Summary
Data Analysis System:
#1 Consolidates, cleans, and reviews your data according to your business rules
#2 Makes your data more visible for useful analysis
#3 Monitors your data and sends out triggers, warnings, and feedbacks
Contact Us
Twitter: @nextCoderwill
LinkedIn: Search for nextcoder
In US: 214.436.3232