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Hands-On Data Science for Marketing

You're reading from   Hands-On Data Science for Marketing Improve your marketing strategies with machine learning using Python and R

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Product type Paperback
Published in Mar 2019
Publisher Packt
ISBN-13 9781789346343
Length 464 pages
Edition 1st Edition
Languages
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Author (1):
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Yoon Hyup Hwang Yoon Hyup Hwang
Author Profile Icon Yoon Hyup Hwang
Yoon Hyup Hwang
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Table of Contents (20) Chapters Close

Preface 1. Section 1: Introduction and Environment Setup FREE CHAPTER
2. Data Science and Marketing 3. Section 2: Descriptive Versus Explanatory Analysis
4. Key Performance Indicators and Visualizations 5. Drivers behind Marketing Engagement 6. From Engagement to Conversion 7. Section 3: Product Visibility and Marketing
8. Product Analytics 9. Recommending the Right Products 10. Section 4: Personalized Marketing
11. Exploratory Analysis for Customer Behavior 12. Predicting the Likelihood of Marketing Engagement 13. Customer Lifetime Value 14. Data-Driven Customer Segmentation 15. Retaining Customers 16. Section 5: Better Decision Making
17. A/B Testing for Better Marketing Strategy 18. What's Next? 19. Other Books You May Enjoy

Summary

In this chapter, we discussed how to use explanatory analysis to draw insight on customer behavior. We discussed how regression analysis can be used to dive deeper into understanding customer behavior. More specifically, you learned how to use logistic regression to understand what attributes of customers drive higher engagement rates. In Python and R exercises, we employed the descriptive analysis that we covered in Chapter 2, Key Performance Indicators and Visualizations, as well as regression analysis for explanatory analysis. We started the exercises by analyzing the data in order to better understand and identify noticeable patterns in the data. While analyzing the data, you learned one additional way to visualize the data, through box plots, using the matplotlib and pandas packages in Python and the ggplot2 library in R.

While fitting regression models, we discussed...

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