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Unlocking Customer Insights Through Service Analytics to Improve Customer Experience and Drive Business Success

Iliadi, M.I. (2023) Unlocking Customer Insights Through Service Analytics to Improve Customer Experience and Drive Business Success.

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Abstract:In today's rapidly changing world, data analytics plays a crucial role in providing organizations with invaluable insights, faciltating informed decision-making and securing a competitive advantage. This study emphasizes the importance of data analytics in the retail and service provider sectors.It demonstrates that a combination of traditional and advanced data analytics techniques, including customer surveys, along with sophisticated tools such as Big Data Analytics and Artificial Inteligence analytics are used to enchance the customer experience throughout their journey, fostering customer loyalty.Targeted marketing, personalized consumer experiences,rely on data analytics insights with several KPIs utilized to measure performance ensuring alignment with strategic goals.The findings also highlight the significance of data privacy, a customer-centric culture, and the incorporation of innovative technologies to enhance the customer journey, despite the existence of challenges such as managing large data volumes obtaining senior management support and securing customers’trust. Overall, data analytics enables retailers and service providers adapt to evolving customer requirements and preferences, make well-informed decisions, and thrive in a world that is increasingly data-driven.
Item Type:Essay (Bachelor)
Faculty:BMS: Behavioural, Management and Social Sciences
Subject:85 business administration, organizational science
Programme:International Business Administration BSc (50952)
Link to this item:https://purl.utwente.nl/essays/95404
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