This blog focuses on the relationships that connect us together providing potent insights for decision makers. In addition, a few data mining topics are presented.
Tuesday, January 25, 2005
24 Key Database Marketing Techniques
This article is a good overview of 24 marketing methods which are useful in determining what data should be collected in order to personalize a website.
Saturday, January 22, 2005
Wednesday, January 19, 2005
Data Mining Resources
Data Mining Resources (@ www.scd.ucar.edu)
Data Mining Resources (@ www.cs.purdue.edu)
Data Mining Resources (Zillman's List)
Data Mining Resources (@ www.cs.purdue.edu)
Data Mining Resources (Zillman's List)
Thursday, January 06, 2005
Knowledge Discovery Approaches
Data Mining enables us to automatically sift through mass amounts of data to discover KNOWLEDGE. A couple popular approaches are summarized below:
Identify customer groups and forecast their behaviour. This is commonly used in Marketing, fraud detection, and more and more frequently on the web for various purposes.
Market basket analysis: "If customer bought product P, he or she
is likely to buy product Q and R" (Amazon.com uses this approach)
is likely to buy product Q and R" (Amazon.com uses this approach)
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