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Data Science for Marketing Analytics

Data Science for Marketing Analytics

By : Mirza Rahim Baig , Gururajan Govindan , Vishwesh Ravi Shrimali
4.3 (203)
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Data Science for Marketing Analytics

Data Science for Marketing Analytics

4.3 (203)
By: Mirza Rahim Baig , Gururajan Govindan , Vishwesh Ravi Shrimali

Overview of this book

Unleash the power of data to reach your marketing goals with this practical guide to data science for business. This book will help you get started on your journey to becoming a master of marketing analytics with Python. You'll work with relevant datasets and build your practical skills by tackling engaging exercises and activities that simulate real-world market analysis projects. You'll learn to think like a data scientist, build your problem-solving skills, and discover how to look at data in new ways to deliver business insights and make intelligent data-driven decisions. As well as learning how to clean, explore, and visualize data, you'll implement machine learning algorithms and build models to make predictions. As you work through the book, you'll use Python tools to analyze sales, visualize advertising data, predict revenue, address customer churn, and implement customer segmentation to understand behavior. By the end of this book, you'll have the knowledge, skills, and confidence to implement data science and machine learning techniques to better understand your marketing data and improve your decision-making.
Table of Contents (11 chapters)
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Preface

Introduction

"How does this data make sense to the business?" It's a critical question you'll need to ask every time you start working with a new, raw dataset. Even after you clean and prepare raw data, you won't be able to derive actionable insights from it just by scanning through thousands of rows and columns. To be able to present the data in a way that it provides value to the business, you may need group similar rows, re-arrange the columns, generate detailed charts, and more. Manipulating and visualizing the data to uncover insights that stakeholders can easily understand and implement is a key skill in a marketing analyst's toolbox. This chapter is all about learning that skill.

In the last chapter, you learned how you can transform raw data with the help of pandas. You saw how to clean the data and handle the missing values after which the data can be structured into a tabular form. The structured data can be further analyzed so that meaningful information can be extracted from it.

In this chapter, you'll discover the functions and libraries that help you explore and visualize your data in greater detail. You will go through techniques to explore and analyze data through solving some problems critical for businesses, such as identifying attributes useful for marketing, analyzing key performance indicators, performing comparative analyses, and generating insights and visualizations. You will use the pandas, Matplotlib, and seaborn libraries in Python to solve these problems.

Let us begin by first understanding how we can identify the attributes that will help us derive insights from our data.

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