Mastering Marketing Data Science A Comprehensive Guide for Today's Marketers
"Within the realm of marketing, data science plays a critical role in unlocking valuable insights and driving strategic decision-making. This dynamic field encompasses a variety of key factors that collectively contribute to its power and effectiveness. These factors include the collection and...
Autor principal: | |
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Formato: | Libro electrónico |
Idioma: | Inglés |
Publicado: |
Newark :
John Wiley & Sons, Incorporated
2024.
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Edición: | 1st ed |
Colección: | Wiley and SAS Business Series
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Materias: | |
Ver en Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009820531006719 |
Tabla de Contenidos:
- Cover
- Title Page
- Copyright Page
- Contents
- Preface
- Acknowledgments
- About the Author
- Chapter 1 Introduction to Marketing Data Science
- 1.1 What Is Marketing Data Science?
- 1.2 The Role of Data Science in Marketing
- 1.3 Marketing Analytics Versus Data Science
- 1.4 Key Concepts and Terminology
- 1.4.1 Data Science
- 1.4.2 Data Visualization
- 1.4.3 Customer Segmentation
- 1.4.4 Predictive Analytics
- 1.4.5 Machine Learning
- 1.4.6 Natural Language Processing
- 1.4.7 Marketing Mix Modeling
- 1.4.8 Big Data
- 1.5 Structure of This Book
- 1.6 Practical Example 1: Applying Data Science to Improve Cross-Selling in a Retail Bank Marketing Department
- 1.6.1 Data Collection
- 1.6.2 Data Preparation
- 1.6.3 Customer Segmentation
- 1.6.4 Product Recommendation Modeling
- 1.6.5 Campaign Design
- 1.6.6 A/B Testing and Evaluation
- 1.6.7 Monitoring and Refinement
- 1.7 Practical Example 2: The Impact of Data Science on a Marketing Campaign
- 1.8 Conclusion
- 1.9 References
- Chapter 2 Data Collection and Preparation
- 2.1 Introduction
- 2.2 Data Sources in Marketing: Evolution and the Emergence of Big Data
- 2.2.1 Traditional Data Sources
- 2.2.2 The Emergence of Modern Data Sources
- 2.2.3 Big Data and Its Impact on Marketing
- 2.3 Data Collection Methods
- 2.3.1 Surveys and Questionnaires
- 2.3.2 Web Scraping
- 2.3.3 Application Programming Interfaces
- 2.3.4 Data Purchase
- 2.3.5 Observational Data
- 2.4 Data Preparation
- 2.4.1 Data Cleaning
- 2.4.2 Data Integration
- 2.4.3 Data Transformation
- 2.4.4 Data Reduction
- 2.5 Practical Example: Collecting and Preparing Data for a Customer Churn Analysis
- 2.6 Conclusion
- 2.7 References
- Chapter 3 Descriptive Analytics in Marketing
- 3.1 Introduction
- 3.2 Overview of Descriptive Analytics.
- 3.2.1 The Role of Descriptive Analytics in Marketing
- 3.2.2 Key Techniques in Descriptive Analytics
- 3.2.3 The Importance of Data Visualization
- 3.3 Descriptive Statistics for Marketing Data
- 3.3.1 Measures of Central Tendency
- 3.3.2 Measures of Dispersion
- 3.3.3 Measures of Association
- 3.3.4 Symmetry and Skewness
- 3.4 Data Visualization Techniques
- 3.4.1 Bar Charts and Histograms
- 3.4.2 Line Charts and Time Series Plots
- 3.4.3 Scatterplots and Bubble Charts
- 3.4.4 Heat Maps and Geographic Maps
- 3.4.5 Visualization Best Practices
- 3.5 Exploratory Data Analysis in Marketing
- 3.5.1 Data Distribution Analysis
- 3.5.2 Correlation and Covariance
- 3.5.3 Visual Exploratory Techniques
- 3.6 Analyzing Marketing Campaign Performance
- 3.6.1 Key Performance Indicators
- 3.6.2 Techniques for Analyzing Marketing Campaign Performance
- 3.6.3 The Role of Descriptive Analytics in Marketing Campaign Performance Analysis
- 3.7 Practical Example: Descriptive Analytics for a Beverage Company's Social Media Marketing Campaign
- 3.7.1 Data Collection and Preparation
- 3.7.2 Selection of Key Performance Indicators
- 3.7.3 Descriptive Analytics
- 3.7.4 Segmentation Analysis
- 3.7.5 Insights and Optimization
- 3.8 Conclusion
- 3.9 References
- Chapter 4 Inferential Analytics and Hypothesis Testing
- 4.1 Introduction
- 4.2 Inferential Analytics in Marketing
- 4.2.1 Overview of Inferential Analytics
- 4.2.2 Basics of Probability
- 4.2.3 Parametric Versus Nonparametric Tests
- 4.2.4 Key Concepts in Inferential Analytics
- 4.3 Confidence Intervals
- 4.3.1 Estimating Population Mean
- 4.3.2 Margin of Error and Level of Confidence
- 4.3.3 Interpreting Confidence Intervals
- 4.3.4 Practical Example: Confidence Interval in Marketing Campaign Evaluation
- 4.4 A/B Testing in Marketing
- 4.4.1 Basics and Importance.
- 4.4.2 Experimental Design for A/B Tests
- 4.4.3 Setting Up A/B Tests: A Step-by-Step Guide
- 4.4.4 Statistical Significance in A/B Tests
- 4.4.5 Advanced A/B Testing Techniques
- 4.4.6 Potential Pitfalls in A/B Testing
- 4.4.7 Interpreting A/B Test Results
- 4.5 Hypothesis Testing in Marketing
- 4.5.1 Introduction to Hypothesis Testing
- 4.5.2 Common Hypothesis Tests in Marketing
- 4.5.3 Significance Levels and P-Values
- 4.6 Customer Segmentation and Processing
- 4.6.1 K-Means Clustering
- 4.6.2 Hierarchical Clustering in Customer Segmentation
- 4.6.3 Recency, Frequency, Monetary Analysis in Marketing
- 4.7 Practical Examples: Inferential Analytics for Customer Segmentation and Hypothesis Testing for Marketing Campaign Performance
- 4.7.1 Inferential Analytics for Customer Segmentation
- 4.7.2 Hypothesis Testing for Marketing Campaign Performance
- 4.8 Conclusion
- 4.9 References
- Chapter 5 Predictive Analytics and Machine Learning
- 5.1 Introduction
- 5.1.1 Overview of Predictive Analytics
- 5.1.2 Machine Learning in Marketing
- 5.1.3 Common Challenges in Predictive Analytics and Machine Learning in Marketing
- 5.1.4 Misconceptions in Predictive Analytics and Machine Learning in Marketing
- 5.2 Predictive Analytics Techniques
- 5.2.1 Linear and Logistic Regression
- 5.2.2 Time Series Forecasting
- 5.3 Machine Learning Techniques
- 5.3.1 Supervised Learning for Marketing
- 5.3.2 Unsupervised Learning for Marketing
- 5.3.3 Reinforcement Learning for Marketing
- 5.4 Model Evaluation and Selection
- 5.4.1 Model Accuracy, Precision, and Recall
- 5.4.2 ROC Curves and AUC
- 5.4.3 Cross-Validation Techniques
- 5.4.4 Model Complexity and Overfitting
- 5.5 Churn Prediction, Customer Lifetime Value, and Propensity Modeling
- 5.5.1 Understanding Churn and Its Importance
- 5.5.2 CLV Computation and Applications.
- 5.5.3 Propensity Scoring and Its Marketing Applications
- 5.6 Market Basket Analysis and Recommender Systems
- 5.6.1 Principles of Association Rules
- 5.6.2 Apriori Algorithm and Market Basket Analysis
- 5.6.3 Collaborative Filtering in Recommender Systems
- 5.6.4 Content-Based and Hybrid Recommendation Systems
- 5.7 Practical Examples: Predictive Analytics and Machine Learning in Marketing
- 5.7.1 Predicting Customer Churn with Logistic Regression
- 5.7.2 Sales Forecasting with Time Series Models
- 5.7.3 Customer Segmentation with Clustering
- 5.7.4 Personalized Recommendation with Collaborative Filtering
- 5.7.5 Dynamic Pricing with Reinforcement Learning
- 5.8 Conclusion
- 5.9 References
- Chapter 6 Natural Language Processing in Marketing
- 6.0 Beginner-Friendly Introduction to Natural Language Processing in Marketing
- 6.0.1 What Is Natural Language Processing, and Why Should Marketers Care?
- 6.0.2 Simple Analogy: The Recipe of Language
- 6.0.3 Natural Language Processing in Everyday Marketing
- 6.0.4 Let's Dive Deeper
- 6.1 Introduction to Natural Language Processing
- 6.1.1 Overview of Natural Language Processing
- 6.1.2 Importance of Natural Language Processing in Marketing
- 6.1.3 Components of Natural Language Processing: Syntax, Semantics, and Pragmatics
- 6.1.4 Challenges in Natural Language Processing
- 6.2 Text Preprocessing and Feature Extraction in Marketing Natural Language Processing
- 6.2.1 Tokenization and Stemming
- 6.2.2 Stop Word Removal
- 6.2.3 Vectorization: Bag of Words and TF-IDF
- 6.2.4 Word Embeddings: Word2Vec, GloVe
- 6.3 Key Natural Language Processing Techniques for Marketing
- 6.3.1 Text Analytics
- 6.3.2 Sentiment Analysis
- 6.3.3 Topic Modeling
- 6.3.4 Named Entity Recognition
- 6.3.5 Text Classification
- 6.4 Chatbots and Voice Assistants in Marketing.
- 6.4.1 Evolution and Importance of Chatbots
- 6.4.2 Designing Effective Chatbots: Best Practices
- 6.4.3 Voice Assistants and Voice Search
- 6.5 Practical Examples of Natural Language Processing in Marketing
- 6.5.1 Social Media Sentiment Analysis
- 6.5.2 Chatbots for Customer Service
- 6.5.3 Personalized Marketing Communications
- 6.6 Conclusion
- 6.7 References
- Chapter 7 Social Media Analytics and Web Analytics
- 7.1 Introduction
- 7.2 Social Network Analysis
- 7.2.1 Overview of Social Network Analysis
- 7.2.2 Basics of Network Theory
- 7.2.3 Metrics: Centrality, Density, and Clusters
- 7.2.4 Influencer Identification and Engagement Strategies
- 7.2.5 Community Detection in Social Networks
- 7.2.6 Key Concepts in Social Network Analysis
- 7.2.7 Practical Example: Social Network Analysis in Influencer Marketing
- 7.3 Web Analytics Tools and Metrics
- 7.3.1 Overview of Web Analytics Tools and Metrics
- 7.3.2 Key Metrics: Page Views, Bounce Rate, and Conversion Rate
- 7.3.3 Advanced Metrics: Funnel Analysis and Cohort Analysis
- 7.3.4 Integration with Other Data Sources
- 7.3.5 Key Concepts in Web Analytics
- 7.3.6 Challenges in Interpreting Web Analytics Data
- 7.3.7 Practical Example: Using Google Analytics for Customer Behavior Insights
- 7.4 Social Media Listening and Tracking
- 7.4.1 Overview of Social Media Listening and Tracking
- 7.4.2 The Importance of Social Listening in Modern Marketing
- 7.4.3 Analyzing Social Mentions and Share of Voice
- 7.4.4 Crisis Management Through Social Listening
- 7.4.5 Key Concepts in Social Media Listening and Tracking
- 7.4.6 Practical Example: Social Media Listening for Brand Reputation Management
- 7.5 Conversion Rate Optimization
- 7.5.1 Overview of Conversion Rate Optimization
- 7.5.2 A/B Testing for Landing Pages
- 7.5.3 User Experience Best Practices for Conversions.
- 7.5.4 Analyzing and Iterating Conversion Rate Optimization Strategies.