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Predictive Models in Marketing
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[QUOTE="raaman, post: 335667, member: 23419"] Predictive models in marketing. Predictive models in marketing are useful for creating campaigns and communication strategies. It helps to know the consumer behavior in advance. They are the systems based on data and statistics. Today, it is essential for a business to understand predictive models in marketing in order to predict the purchasing and consumption patterns of the customers, to retarget an inactive customer, and to calculate different aspects such as interest or affinity. That is, if it is a potential client, and be aware of the importance they have in achieving customers and increasing sales. Predictive models in marketing can be used to make forecasts of all kinds such as television audiences, sports results, technological advances, company profits or strategic marketing. [/QUOTE]
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