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PHOTO:
Jamie Templeton

Analytics has long been the backbone of marketing success. Analytics enables marketers to make data-driven decisions, improve marketing campaigns and understand important customer behaviors. But analytics has evolved. And descriptive, or even predictive, analytics is now only a partial approach to true, data-driven marketing. While descriptive analytics helps brands understand the history of data and predictive analytics illuminates behaviors and flags patterns and opportunities for marketers, prescriptive analytics has become the real competitive advantage for marketers. Here’s why.

Gain a Competitive Edge With Prescriptive Analytics

Prescriptive analytics is directly actionable by giving marketers recommendations on what steps they should take. For example, by identifying a trending product in a specific region, such as red wool coats, and recommending a red coat campaign to the

Article source: https://www.cmswire.com/digital-marketing/why-prescriptive-analytics-is-the-future-of-marketing/

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