Strengths and weaknesses of evaluation methods
The strengths of a SWOT analysis are that it enables a business or organisation to identify and understand the important areas and factors which has an effect on them.
Data Analytics
Evaluating market segments and appeal of products
How to evaluate the profitability and stability of market segments and how a range of products may appeal to different market segments.
Features of analytics software and how you can customise it
Ecommerce tracking: This feature allows you to track and find out where your most profitable customers come from, therefore if you know where they’re coming from, you can use it to find more ways to gain more customers that make you money
Why is statistically significant data important
Validity Statistically significant data needs to be valid, this means that it needs to be genuine and credible as well as have sufficient research behind it to support any relationship findings. Reliability Statistically significant data also needs to be reliable, this means that the results or findings should yield the same results if they were …