Data mining in general is a sequence that analyzes and collects data from people about something that they are already doing. In essence it collects information from people about things that they normally do, for instance you can do a survey on how many people enjoy making money on the internet. In depth you can collect the demographics on how great a marketing method is preforming for other marketers that are using that same method fir there businesses and see if you should get involved with it as well.
You can also use data mining to collect intel on products that are out there in the market, and you can use the results to compare to your products, if you have any. Data mining can be used as a tool that can help you analyze information that you are already accessing, but with this tool you can funnel it in the right direction. This direction is to help depict information that you are going to need to strategically market your business on the internet or maybe target a specific group in which you can generate sales from.
How can a aspiring entrepreneur in the network marketing industry apply data mining in there small business?
First off, for any new marketer entering the industry there is a series of questions that the marketer have to ask in order for he or she can do a synopsis for his niche. Questions marketers can go out and ask in a survey is, What are your interests? Or what do you do for a living? Do you like what you do for a living? He or she can go as far as, Have you ever thought of owning your business? or How many people are interested being financially independent? These question are to basically give the marketer feel for what there niche is looking for, and how he can position the business, in a strategic way.
Many top marketers use data mining to compare tactics to see what would be a smarter way to promote there businesses. I'm sure you've those annoying pop up promotions that are all over the internet, that say " Get paid to do this survey " Well those are marketers out there that are using data mining to get information for there business. Now I'm not saying go out there and begin spamming everyone that comes on your website your products, because at the end of the day, spam is spam, I do not recommend spamming. But I do recommend using data mining to your advantage.
The 7 Figure Networker [http://www.earnwithlouis.com/] Is dedicated to helping struggling and new internet marketers into becoming top earners in the network marketing industry. We provide people with the tools and the cutting edge key strategies to totally dominate the existing competition in internet marketing. Visit us today to learn more
Source: http://ezinearticles.com/?Can-You-Use-Data-Mining-to-Determine-What-Internet-Marketing-Tactic-Works-the-Best?&id=4460067
You can also use data mining to collect intel on products that are out there in the market, and you can use the results to compare to your products, if you have any. Data mining can be used as a tool that can help you analyze information that you are already accessing, but with this tool you can funnel it in the right direction. This direction is to help depict information that you are going to need to strategically market your business on the internet or maybe target a specific group in which you can generate sales from.
How can a aspiring entrepreneur in the network marketing industry apply data mining in there small business?
First off, for any new marketer entering the industry there is a series of questions that the marketer have to ask in order for he or she can do a synopsis for his niche. Questions marketers can go out and ask in a survey is, What are your interests? Or what do you do for a living? Do you like what you do for a living? He or she can go as far as, Have you ever thought of owning your business? or How many people are interested being financially independent? These question are to basically give the marketer feel for what there niche is looking for, and how he can position the business, in a strategic way.
Many top marketers use data mining to compare tactics to see what would be a smarter way to promote there businesses. I'm sure you've those annoying pop up promotions that are all over the internet, that say " Get paid to do this survey " Well those are marketers out there that are using data mining to get information for there business. Now I'm not saying go out there and begin spamming everyone that comes on your website your products, because at the end of the day, spam is spam, I do not recommend spamming. But I do recommend using data mining to your advantage.
The 7 Figure Networker [http://www.earnwithlouis.com/] Is dedicated to helping struggling and new internet marketers into becoming top earners in the network marketing industry. We provide people with the tools and the cutting edge key strategies to totally dominate the existing competition in internet marketing. Visit us today to learn more
Source: http://ezinearticles.com/?Can-You-Use-Data-Mining-to-Determine-What-Internet-Marketing-Tactic-Works-the-Best?&id=4460067
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