Meaningful Marketing Insights
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Meaningful Marketing Insights
This course is part of Foundations of Marketing Analytics Specialization
Instructor: David Schweidel
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293 reviews
293 reviews
Skills you'll gain
- Marketing Effectiveness
- Data Manipulation
- Statistical Visualization
- Descriptive Statistics
- Data-Driven Marketing
- Data-Driven Decision-Making
- Logistic Regression
- Pivot Tables And Charts
- Excel Formulas
- Exploratory Data Analysis
- Spreadsheet Software
- Marketing Analytics
- Data Transformation
- Regression Analysis
- Data Analysis
- Statistical Analysis
- Marketing
- Customer Insights
Tools you'll learn
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There are 5 modules in this course
With marketers are poised to be the largest users of data within the organization, there is a need to make sense of the variety of consumer data that the organization collects. Surveys, transaction histories and billing records can all provide insight into consumersβ future behavior, provided that they are interpreted correctly. In Introduction to Marketing Analytics, we introduce the tools that learners will need to convert raw data into marketing insights. The included exercises are conducted using Microsoft Excel, ensuring that learners will have the tools they need to extract information from the data available to them. The course provides learners with exposure to essential tools including exploratory data analysis, as well as regression methods that can be used to investigate the impact of marketing activity on aggregate data (e.g., sales) and on individual-level choice data (e.g., brand choices).
To successfully complete the assignments in this course, you will require Microsoft Excel. If you do not have Excel, you can download a free 30-day trial here: https://products.office.com/en-us/try
In this module, students will be introduced to the instructor, Dr. David Schweidel and get and overview of the course.
What's included
1 video2 readings1 discussion prompt
1 videoβ’Total 3 minutes
- Meet Dr. Schweidelβ’3 minutes
2 readingsβ’Total 20 minutes
- Getting Startedβ’10 minutes
- A Note About Exercises & Quizzesβ’10 minutes
1 discussion promptβ’Total 15 minutes
- Introduce Yourselfβ’15 minutes
Modules 2 and 3 focus on identifying appropriate descriptive statistics (measures of central tendency and dispersion) for different types of data, as well as recoding data using reference commands to prepare it for analysis. Additionally, you will manipulate and summarize data using pivot tables in Excel, produce visualizations that are appropriate based on the type of data being analyzed, and interpret statistics and visualizations to draw conclusions to address relevant marketing questions.
What's included
4 videos3 readings1 assignment1 discussion prompt
4 videosβ’Total 43 minutes
- Course Objectives & Example 1: Political Advertising Expendituresβ’12 minutes
- Course Goals & Example 2: Performing Arts Centersβ’9 minutes
- Organizing Dataβ’11 minutes
- The Motion Picture Industryβ’12 minutes
3 readingsβ’Total 30 minutes
- How Companies Learn Your Secretsβ’10 minutes
- Big Data in the Big Appleβ’10 minutes
- Motion Picture Industry Example Data Setβ’10 minutes
1 assignmentβ’Total 25 minutes
- Module 2 Quizβ’25 minutes
1 discussion promptβ’Total 15 minutes
- Categorical Variables in the Motion Picture Industryβ’15 minutes
Modules 2 and 3 focus on identifying appropriate descriptive statistics (measures of central tendency and dispersion) for different types of data, as well as recoding data using reference commands to prepare it for analysis. Additionally, you will manipulate and summarize data using pivot tables in Excel, produce visualizations that are appropriate based on the type of data being analyzed, and interpret statistics and visualizations to draw conclusions to address relevant marketing questions.
What's included
5 videos3 readings1 assignment1 discussion prompt
5 videosβ’Total 48 minutes
- Excel Analysis of Motion Picture Industry Dataβ’13 minutes
- Displaying Conditional Distributionsβ’5 minutes
- Analyzing Qualitative Variablesβ’4 minutes
- Steps in Constructing Histogramsβ’11 minutes
- Common Descriptive Statistics for Quantitative Dataβ’15 minutes
3 readingsβ’Total 40 minutes
- Giving Viewers What They Wantβ’10 minutes
- Why Personalization is Key for Content Marketingβ’5 minutes
- Assignment: Survey Analysis Assignmentβ’25 minutes
1 assignmentβ’Total 30 minutes
- Module 3 Quizβ’30 minutes
1 discussion promptβ’Total 15 minutes
- Visualizing Data: Technique Reviewβ’15 minutes
In this module, you will be asked to determine the appropriate type of regression for different types of marketing data and will perform regression analysis to assess the impact of marketing actions on outcomes of interest, such as sales, traffic, and brand choices. You will also be asked to interpret regression output to understand overall model performance and importance of different predictors, as well as make predictions using the appropriate regression model.
What's included
4 videos2 readings1 assignment1 discussion prompt
4 videosβ’Total 41 minutes
- Regression-Based Modelingβ’10 minutes
- Introduction to Customer Analyticsβ’10 minutes
- Customer Choices Drive Business Decisionsβ’9 minutes
- Illustrating Customer Analytics in Excelβ’11 minutes
2 readingsβ’Total 45 minutes
- How to Find Your Most Valuable Customersβ’20 minutes
- Assignment: Customer Acquisition Exampleβ’25 minutes
1 assignmentβ’Total 25 minutes
- Module 4 Quizβ’25 minutes
1 discussion promptβ’Total 15 minutes
- Logit v. Probit Modelsβ’15 minutes
This final module will connect the results of regression analysis to marketing decisions. You will learn to build tools that allow users to evaluate outcomes based on different marketing decisions, as well as characterize the extent of uncertainty in outcomes based on the selected marketing decisions.
What's included
2 videos3 readings1 assignment1 peer review1 discussion prompt
2 videosβ’Total 58 minutes
- Customer Valuation Excel Demonstrationβ’25 minutes
- Inventory Management Excel Demonstrationβ’32 minutes
3 readingsβ’Total 45 minutes
- Encouraging TV Binge Watching May Backfire On Advertisersβ’10 minutes
- Use Big Data to Create Value for Customers, Not Just Target Themβ’10 minutes
- Assignment: Using Regression for Inventory Managementβ’25 minutes
1 assignmentβ’Total 25 minutes
- Module 5 Quizβ’25 minutes
1 peer reviewβ’Total 120 minutes
- Acquisition & Retention Assignmentβ’120 minutes
1 discussion promptβ’Total 15 minutes
- Course Reflectionβ’15 minutes
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Reviewed on Mar 31, 2020
Had to adapt some formulas to my Excel version, otherwise. Very clearly explained!
Reviewed on Jul 16, 2020
Instructive, sometimes the teachers jumps several steps ahead without evident reason or refers to concepts that he didn't introduce in the course.
Reviewed on Jun 8, 2020
A quant driven course. Very well explained with lengthy examples and enough practice material.
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