Predicting customer behavior by merging social media and company data
An interesting pilot project here completed by HP shows that data from social media can be merged with company data (ticket sales, customer demographics et cetera) to predict customer behavior with up to 90% accuracy.
The pilot shows that collaboration between marketing and IT departments is critical to unlocking the business value of social media. The system used can correlate social media conversations about specific product features to actual customer transactions in real-time. Read More





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