Whether in life or at work, most of us tend to evaluate a person or a thing with subjective feelings, enterprise data analysts are good at using? data speak?
Through the statistics and transformation of the data, we can transform the employees and projects of the enterprise into specific business indicators and figures, such as the number of customers, conversion rate, repurchase rate, etc. The business operators can grasp the operation of the whole company and each department through the achievement of the indicators of different departments.
②Help companies find business opportunities
Helping companies find business opportunities mainly refers to the process of utilizing data to find out the blind spots in people's thinking and then discovering new business opportunities. In the process of analyzing data, data analysts have researched a lot of business growth theories and methods, including channel analysis, AARRR model, funnel model, correlation analysis and other theories, the use of these theories, the industry's overall competitive environment and the direction of development to do a better understanding of the predictions, which in turn extends the function of the discovery of more business opportunities.
③Creating new business value models
Generally speaking, creating new business value models is the formation of new business models based on the value of the data, and transforming the value of the data directly into a business model or a process closer to business. This is where the role of data analytics is at its highest.